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Learn More »The is a critical companion for actuarial students, specifically those preparing for professional credentialing exams like the Society of Actuaries (SOA) LTAM Exam . Authored by experts David C. M. Dickson, Mary R. Hardy, and Howard R. Waters, the manual provides step-by-step guidance for the complex mathematical modeling of life insurance and pensions. Core Features and Content
: Practical advice for solving problems using intuitive numerical methods, supplemented by free-to-download companion Excel spreadsheets . Importance for Actuarial Candidates
: Enhanced material on developing models from mortality data and managing changing mortality trends.
The manual is designed to align with the groundbreaking textbook Actuarial Mathematics for Life Contingent Risks , often used as a standard for modern life insurance mathematics. Key features of the latest (3rd) edition include:
For candidates taking the (formerly) or the current LTAM exam , the manual serves as a bridge between theoretical knowledge and exam-ready problem-solving. It covers nearly the entire syllabus for the UK Subject CT5 exam (Contingencies), making it a globally relevant resource. Beyond exam prep, it helps students develop deeper insights into pension valuation and stochastic modeling for life contingencies. Strategic Use for Learning
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