Advanced Long-Term Actuarial Mathematics (ALTAM)

22,100.00

Advanced Long-Term Actuarial Mathematics (ALTAM) – Regular Course.
Faculty: Praveen Patwari, Hitesh Swami
Course Duration: 100+ Hours

Category:

This course is designed to prepare candidates for the Advanced Long-Term Actuarial Mathematics (ALTAM) Exam, which focuses on advanced actuarial techniques used in life insurance, annuities, pensions, long-term health products, and related financial guarantees.

Exam Month: April, October

Key Components:

  1. Life Contingencies & Valuation:
    • Survival and multiple-state models
    • Premiums and policy values for life, health, and annuity contracts
    • Joint-life insurance and annuities
  2. Profit Testing & Retirement Benefits:
    • Profit analysis, reserves, and premium setting
    • Pension plans, retirement benefits, and funding techniques
  3. Advanced Insurance Products:
    • Universal Life insurance
    • Embedded guarantees, option valuation, and hedging

The course develops the technical, modelling, and valuation skills required to analyse complex long-term actuarial products and prepare effectively for the ALTAM Exam. The exam is three hours long with six questions, including one Excel-based question.

WHAT YOU WILL GET

Course Deliverables

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Recorded Lectures
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Doubts and Mentoring Sessions
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Soft Copy of Resources
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Access to Student Dashboard
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Technical Support
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Course Extension (2 More Terms)
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Live Industry Expert Sessions
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Interactive Q & A Forum

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FACULTY

Meet The Instructor


Praveen Patwari is a Qualified Chartered Accountant and a FRM who has cleared 14 out of 15 Actuarial Science papers. He began teaching in high school and has trained 5000+ students. Known for his captivating attitude and intelligence, he has produced top scorers in Actuarial Science and other programs as well. His journey demonstrates persistence, discipline, and deep knowledge, making him a sought-after speaker. He has delivered sessions at prestigious institutions like SRCC, Miranda House, Hansraj College, Lady Shri Ram, St. Xavier’s College, BESC, Ramjas College, NM, NMIMS and HR College of Commerce.

Hitesh Swami is an Associate Actuary and Senior Actuarial Specialist at Mercer India with 4+ years of actuarial experience. At Actuators, he teaches ALTAM and ASTAM, bringing together strong technical expertise and practical industry experience to make advanced actuarial concepts clear, structured, and exam-focused.

PLAYLIST

Demo Class Videos


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