Outline of actuarial science
The following outline is provided as an overview of and topical guide to actuarial science:
Actuarial science - discipline that applies mathematical and statistical methods to assess risk in the insurance and finance industries.
What type of thing is actuarial science?
Actuarial science can be described as all of the following:- An academic discipline -
- A branch of science -
- * An applied science -
- ** A subdiscipline of statistics -
Essence of actuarial science
Fields in which actuarial science is applied
- Mathematical finance
- Insurance, especially:
- * Life insurance
- * Health insurance
- Human resource consulting
General actuarial science concepts
Insurance
Life Insurance
- Life insurance
- Life insurer
- Insurable interest
- Insurable risk
- Annuity
- Life annuity
- Perpetuity
- New Business Strain
- Zillmerisation
- Financial reinsurance
- Net premium valuation
- Gross premium valuation
- Embedded value
- European Embedded Value
- Stochastic modelling
- Asset liability modelling
Non-life Insurance
- Property insurance
- Casualty insurance
- Vehicle insurance
- Ruin theory
- Stochastic modelling
- Risk and [capital management in non-life insurance]
Reinsurance
Investments & Asset Management
- Dividend yield
- PE ratio
- Bond valuation
- Yield to maturity
- Cost of capital
- Net asset value
- Derivatives
- Portfolio risk management
Mathematics of Finance
- Interest
- Time value of money
- Discounting
- Present value
- Future value
- Net present value
- Internal rate of return
- Yield curve
- Yield to maturity
- Effective annual rate
- Annual percentage rate