- Introduction
- Loss Distribution Risk Sharing
- Properties of Statistical Distribution
- Loss reinsurance, deductibles
- Derivations of distributions, Maximum likelihood and methods of moments
- Risk Modelling
- Compound Poisson Distribution
- Introuction to Copulas
What you'll learn
- Understanding the concept of risk, its types, and the role of actuaries in managing risk in various industries such as insurance, finance, and healthcare.
- Introduction to survival analysis techniques, including Kaplan-Meier estimator, hazard functions, censoring, and truncation.
- Exploring probability distributions commonly used in survival analysis, such as exponential, Weibull, and log-normal distributions.
- Understanding parametric models like the exponential, Weibull, and log-logistic models.
- Techniques for handling censored data in survival analysis, including right-censoring.
Description
Embark on a transformative journey into the heart of actuarial science with comprehensive course on Risk Modelling and Survival Analysis Core Principles. Dive deep into the sophisticated realm of quantitative techniques and statistical methodologies that underpin the assessment of risk and the prediction of survival.
In this meticulously crafted course, you'll unravel the intricacies of survival analysis, equipping yourself with powerful tools to decipher complex data patterns and extract invaluable insights. From mastering the estimator to delving into advanced parametric and non-parametric survival models, you'll gain the expertise needed to navigate real-world scenarios with confidence and precision.
But this course isn't just about theoretical concepts; it's about practical application. Through hands-on exercises and immersive case studies, you'll apply your newfound knowledge to solve challenging problems encountered in insurance, finance, and beyond.
By the end of this course, you'll not only possess a deep understanding of risk modelling and survival analysis principles but also the practical skills to excel in a competitive marketplace.
Key Highlights:
- Explore fundamental principles of survival analysis and risk modelling
- Master parametric and non-parametric survival models
- Apply statistical techniques to real-world actuarial problems
- Gain hands-on experience with industry-standard software tools
- Stay ahead of the curve with cutting-edge insights and emerging trends
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About the instructors
- 3.94 Calificación
- 5848 Estudiantes
- 20 Cursos
Sourav Das
Google certified Trainer, Professor, Author , Entrepreneur
12+ years experience teaching in schools, colleges, universities also in national ands international level. I have made more than 7000 videos made for online courses, 250+ study materials and books on Amazon.
I have worked with students who were complete beginners, as well as those who were facing challenges in mastering advanced topics.
I completely understand the initial struggle in decoding the concepts and formulas. I am thoroughly proficient in explaining difficult and hard to understand topics in a lucid, useful , quick and enjoying manner. You will find ample examples and examination level explanations in my videos , notes , materials and special mock tests. My classes will be your way to get rid of the intense mug up sessions and will take you to the real fun of studying.
Just like our faces we are all different in understanding concepts , ideas , concepts so in my classes too the same approach is being taken so that you always come out with flying colours and greats grades of marks . With my personal innovative teaching methods I will be making your journey towards goals a very smooth run.
Let the journey begin…
Student feedback
Course Rating
Reviews
The course provided invaluable clarity and understanding, greatly aiding in risk modeling and survival core analysis. Highly recommend for comprehensive learning.
This course was instrumental in clarifying my understanding of the subject matter. The instructor's approach effectively demystified complex concepts, allowing me to grasp them with ease. I found each lesson to be progressively enlightening, reinforcing my comprehension along the way. Thanks to this course, I've gained a newfound clarity that has significantly enhanced my learning journey.
This course was instrumental in clarifying complex concepts for me. The instructor's approach made difficult topics easy to understand, and I found myself grasping key ideas with ease. I highly recommend this course to anyone seeking clarity and understanding. It's incredibly helpful and worth every minute.
This course truly enhanced my understanding of the subject matter! The instructor's teaching style was clear and concise, making it easy to grasp even the most complex concepts. I appreciated how each lesson built upon the last, solidifying my knowledge as I progressed. Thanks to this course, I now feel confident in my understanding of the material. Highly recommend it to anyone seeking clarity and depth in their studies.