Advanced Short-Term Actuarial Mathematics (ASTAM)

22,100.00

Advanced Short-Term Actuarial Mathematics (ASTAM) – Regular Course.
Faculty: Shivangee Agarwal, Hitesh Swami
Course Duration: 100+ Hours

Category:

This course is designed to prepare candidates for the Advanced Short-Term Actuarial Mathematics (ASTAM) Exam, which focuses on advanced modelling techniques used in short-term insurance, including claims, pricing, reserving, and risk analysis.

Exam Month: April, October

Key Components:

  1. Loss & Aggregate Models:
    • Severity distributions, aggregate claims models, and extreme value techniques
    • Coverage modifications including deductibles, limits, coinsurance, and reinsurance
  2. Statistical Modelling & Credibility:
    • Parameter estimation, model selection, Bayesian methods, and credibility theory
  3. Reserving & Pricing:
    • Chain-Ladder, Bornhuetter-Ferguson, Bayesian reserving, loss trends, and rate-making techniques

The course builds the technical and practical actuarial skills required to analyse short-term insurance risks and prepare effectively for the ASTAM Exam. The exam is three hours long and consists of 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 Mentorning 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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Live Industry expert sessions
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Course Extension (2 More Terms)
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Interactive Q & A Forum

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FACULTY

Meet The Instructor


Shivangee Agarwal is a Qualified Actuary with a Master’s in Data and Business Analytics from IIM Indore. She secured All India Rank 1 in CT7 – Business Economics and holds a B.Com (Hons in Finance) from St. Xavier’s College, Kolkata. Over 8+ years, she has taught 3000+ students in Actuarial and Data Analytics domain, becoming a favourite coach for CS2, CB2, CP2, and CP3 papers. She has expertise in Excel and R Programming. Her inspiring journey led her to conduct workshops and lectures at various colleges like Lady Shri Ram College, St. Xavier’s College, SRCC, Mithibai College, IIM Indore and IBS Hyderabad.

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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