Actuarial science

Geoff Chaplin, A Formula for Bond Option Values under an Omstein-Uhlenbeck Model for the Spot, Actuarial Science Working Paper No. 87-16, University of Waterloo (1987). 

The workers compensation experience modification rating system is based on actuarial science. In an undated publication titled The ABC S of Experience Rating issued by the National Council on Compensation Insurance, these statements appear. 

Gregory E. Smith is an assistant professor in the Department of Management Information Systems at Xavier University (USA). He received his PhD in business information technology from Virginia Tech. He also holds an MA in actuarial science from Ball State University and a BS in mathematics from the University of Scranton. Dr. Smith s research interests center on the integration of computers, mathematics, and artificial intelligence to solve business problems. He is a member of DSI, INFORMS, POMS, and APICS. 

One such method for determining workers compensation premiums is through the use of the experience modification rating (EMR). The EMR is determined by the National Council on Compensation Insurance (NCCI) or other insurance rating groups. The EMR system rates companies based upon the type of work they are engaged in and their past loss history. Using actuary science, the insurer estimates what a firm s losses should have been over a period of time and compares them to their actual losses (Adams 1997,33). 

Statistical Analysis and Actuarial Science. Perhaps the simplest or most obvious use of applied mathematics can be found in statistical analysis. In this... 

Many nineteenth century demographers such as William Farr and Louis-Adolphe Bertillon made advancements in the field through their work in public health. By the late 1800 s, statistical analysis had become a key component of demographic study. Actuarial science, led by insurance providers to better understand mortality and risk, also contributed to the discipline. 

Actuarial science is one of the largest and most thoroughly developed fields within risk assessment In actuarial science, statistics and probability are... 

Actuarial science applied mathematics economics project management statistics. 

Insurance models in actuarial sciences and financial engineering have a long history of development and wide applications in assessing underwriting risks. Popular approaches for characterizing catastrophic risk processes include a compound Poisson process (e.g., Rolski... 

Achter JA, Lubinski D, Benbow CP, Sanjani H 1999 Assessing vocational preferences among gifted adolescents adds incremental validity to abilities a discriminant analysis of educational outcomes over a 10-year interval. J Educ Psychol 91 777-786 Dawes RM, Faust D, Meehl PE 1989 Clinical versus actuarial judgment. Science 243 1669-1674 Falconer DS, Mackay TFC 1996 Introduction to quantitative genetics, 4th edn. Addison Wesley Longman, Harlow... 

J. J. Sylvester was bom in London (of orthodox Jewish parents). By the age of 24 he was already Professor of Natural Philosophy (that means science and physics in particular) at the University College, London, and at the age of 25 became a Fellow of the Royal Society. Three months after his first visit to the United States to be a professor of mathematics at the University of Virginia, he resigned over an incident when the university did not want to discipline a student who insulted him. Not able to find another position in the United States, he returned to England and spent 10 difficult years as an actuary for a life insurance company, difficult because he was so creative in mathematics that he could not fully pursue. He had a few private pupils, one of whom was Miss Florence Nightingale — later well known for improving military hospital services during the Crimean War. After a rather difficult life, at... 

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