Fundamentals of Actuarial Practice

3 credits · Undergraduate Programs

An introduction to the foundations of actuarial science including the history and development of insurance, the actuarial profession, and the professional societies. Standards of practice and codes of ethics and conduct. An examination of the contexts and environments (including the legal, political, and societal) in which actuarial work takes place. Foundational skills required by actuaries, with an emphasis on communication. Prerequisite(s): Actuarial Science 327 and Statistics 321. Antirequisite(s): Credit for Actuarial Science 513 and 539.02 will not be allowed.