With our comprehensive Actuary course, discover the fascinating field of actuarial science. Actuaries, who are fundamental to the financial industry, combine financial theory, probability, and mathematics to predict events and manage risks. Our course provides a well-organized route from actuarial role foundations to sophisticated predictive models.

Explore the fundamentals of cash flow valuation, the complexities of life tables, annuities, and life insurance. You will also understand the principles of premium calculation, the influence of inflation and taxes, and the operation of multiple decrement theory. Understanding insurance and annuities is improved by concentrating on stochastic strategies and probabilistic models.

Actuarial wisdom is a beacon of guidance in an uncertain financial age. Participating in this course will increase your understanding and point you in the direction of a fulfilling career in the financial sector.

Learning Outcomes:

  • Understand the critical role and environment of actuaries in the financial sector.
  • Master the techniques of valuing cash flows and basic deterministic models.
  • Gain a deep understanding of life tables, annuities, and life insurance intricacies.
  • Grasp the principles of probabilistic models and multiple decrement theory.
  • Acquire knowledge of how taxation, inflation, and premium calculations influence financial decisions.

Who Is This Course For?

  • Aspiring actuaries keen to launch their career in the financial sector.
  • Mathematics enthusiasts want to apply their knowledge in real-world financial scenarios.
  • Finance professionals aim to broaden their understanding of risk management.
  • Insurance sector employees looking to enhance their expertise.
  • Anyone keen on understanding the underpinnings of financial risk and prediction.


Once you finish the course, you can get a certificate to show your success. The PDF version costs just £3.99, while a printed one is £7.99. If you’d like both, it’s £10. For students outside the UK, there’s an extra £10 for delivery.


  • This course is available to all learners of all academic backgrounds.
  • Learners should be aged 16 or over to undertake the course.
  • A strong grasp of English, numeracy, and ICT is necessary for enrollment in this course.

Career Path:

  • Actuary: £70,000 – £120,000
  • Risk Manager: £60,000 – £85,000
  • Financial Analyst: £40,000 – £65,000
  • Insurance Underwriter: £25,000 – £50,000
  • Investment Analyst: £45,000 – £80,000
  • Portfolio Manager: £55,000 – £95,000

Course Curriculum

Module 01: Introduction to Actuary
Introduction to Actuary 00:30:00
Module 02: Actuaries and Their Environment
Actuaries and Their Environment 00:30:00
Module 03: The Valuation of Cash Flows
The Valuation of Cash Flows 00:30:00
Module 04: The Basic Deterministic Model
The Basic Deterministic Model 00:30:00
Module 05: The Life Table
The Life Table 00:30:00
Module 06: Life Annuities
Life Annuities 00:30:00
Module 07: Life Insurance
Life Insurance 00:30:00
Module 08: The Stochastic Life Contingencies Model
The Stochastic Life Contingencies Model 00:30:00
Module 09: The Stochastic Approach to Insurance and Annuities
The Stochastic Approach to Insurance and Annuities 00:30:00
Module 10: Taxation and Inflation
Taxation and Inflation 00:30:00
Module 11: Probabilistic Models, Uncertain Payment and Profit testing
Probabilistic Models, Uncertain Payment and Profit testing 00:30:00
Module 12: Individual Risk Models
Individual Risk Models 00:30:00
Module 13: Principles of Premium Calculation
Principles of Premium Calculation 00:30:00
Module 14: Multiple Decrement Theory
Multiple Decrement Theory 00:30:00