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Actuarial Science For Non-Actuaries Bundle
Janets

10 Courses Career Bundle | CPD Accredited | Advanced Study Materials | 100% Learning Satisfaction | 24/7 Expert Support

Summary

Price
£75 inc VAT
Or £25.00/mo. for 3 months...
Study method
Online
Duration
40 hours · Self-paced
Access to content
Lifetime access
Qualification
No formal qualification
CPD
120 CPD hours / points
CPD What's this?
Certificates
  • CPD Accredited PDF Certificate - Free
  • CPD Accredited Hard Copy Certificate - £15.99
Assessment details
  • Multiple Choice Questions (MCQ)/Assignment (included in price)
Additional info
  • Tutor is available to students

Overview

Actuarial science is a field driven by logic, probability, and forward-thinking — where data becomes a powerful tool for predicting future outcomes and managing risk with precision. Yet for those outside the profession, the discipline often seems complex and inaccessible. That’s where this course steps in. Actuarial Science for Non-Actuaries breaks down the fundamentals, making the core ideas of actuarial work understandable and relevant, even if you have no previous experience. Whether your background lies in finance, economics, or another data-driven field, this course invites you to explore the science that shapes modern risk assessment.

You’ll explore the foundations of actuarial thinking, including life tables, life annuities, and the mechanics of life insurance. The course introduces the principles of premium calculation and guides you through stochastic and probabilistic models used to forecast uncertain events. As you progress, you’ll uncover how actuaries use mathematical frameworks to interpret patterns, price risk, and inform long-term decision-making — skills that are valuable across a wide range of industries.

Step into the world of actuarial science with clarity and confidence — enrol in Actuarial Science for Non-Actuaries today and build the knowledge to make data-driven decisions with precision.

Learning outcomes

  • Understand the principles of actuarial science
  • Gain knowledge about the valuation of cash flows and deterministic and stochastic models
  • Learn about life tables, life annuities, and life insurance
  • Understand the stochastic approach to insurance and annuities
  • Gain knowledge about probabilistic models, uncertain payment, and profit testing
  • Learn about the principles of premium calculation and multiple decrement theory

What You Get Out Of Studying With Janets

  • Free PDF certificate upon successful completion of the courses
  • Full one-year access to course materials
  • Instant assessment results
  • Full tutor support available from Monday to Friday
  • Study the courses at your own pace
  • Accessible, informative modules taught by expert instructors
  • Get 24/7 help or advice from our email and live chat teams with the training
  • Study at your own time through your computer, tablet or mobile device
  • Improve your chance of gaining valuable skills by completing the courses

Certificates

CPD Accredited PDF Certificate

Digital certificate - Included

CPD Accredited Hard Copy Certificate

Hard copy certificate - £15.99

A physical, high-quality copy of your certificate will be printed and mailed to you for only £15.99.

For students within the United Kingdom, there will be no additional charge for postage and packaging. For students outside the United Kingdom, there will be an additional £10 fee for international shipping.

Assessment details

Multiple Choice Questions (MCQ)/Assignment

Included in course price

CPD

120 CPD hours / points
Accredited by CPD Quality Standards

Course media

Description

The Actuarial Science For Non-Actuaries bundle is designed to provide individuals with an understanding of the principles and theories used by actuaries to make predictions and manage risk. This Actuarial Science For Non-Actuaries bundle is perfect for individuals who are interested in the field of actuarial science but do not have any prior knowledge or experience.

Through this Actuarial Science For Non-Actuaries bundle, you will gain an understanding of the various models and theories used by actuaries, including the valuation of cash flows, deterministic and stochastic models, and life tables. You will also learn about life annuities, life insurance, and the stochastic approach to insurance and annuities. Additionally, you will gain knowledge about probabilistic models, uncertain payment, profit testing, the principles of premium calculation, and multiple decrement theory.

This Actuarial Science Bundle Consists of the following Premium courses:

  • Course 01: Actuary
  • Course 02: Basic Business Finance
  • Course 03: Financial Management Diploma Level 3
  • Course 04: Corporate Risk And Crisis Management
  • Course 05: Compliance and Risk Management Diploma
  • Course 06: Banking and Finance Accounting Statements Financial Analysis
  • Course 07: Financial Analysis
  • Course 08: Statistical Analysis
  • Course 09: Business Analysis Course
  • Course 10: Tax Accounting Course

Method of Assessment

To complete the bundle, students will have to take an automated multiple-choice exam for all the courses. These exams will be online, and you will need to score 60% or above to pass. After passing the exams, you will be able to apply for the certificates.

Who is this course for?

This Actuarial Science For Non-Actuaries bundle is ideal for:

  • Individuals interested in the field of actuarial science
  • Professionals who want to expand their knowledge
  • Individuals interested in finance and economics
  • Anyone who wants to understand the principles of actuarial science
  • Those who want to apply actuarial principles to their work

Requirements

No prior qualifications are needed for Learners to enrol on this Actuarial Science For Non-Actuaries bundle.

Career path

This bundle will be beneficial for anyone looking to pursue a career as:

  • Actuary: £35,000 - £100,000
  • Risk Analyst: £25,000 - £60,000
  • Financial Analyst: £25,000 - £50,000
  • Data Analyst: £25,000 - £45,000
  • Economist: £25,000 - £60,000
  • Investment Analyst: £25,000 - £55,000

Questions and answers

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Legal information

This course is advertised on Reed.co.uk by the Course Provider, whose terms and conditions apply. Purchases are made directly from the Course Provider, and as such, content and materials are supplied by the Course Provider directly. Reed is acting as agent and not reseller in relation to this course. Reed's only responsibility is to facilitate your payment for the course. It is your responsibility to review and agree to the Course Provider's terms and conditions and satisfy yourself as to the suitability of the course you intend to purchase. Reed will not have any responsibility for the content of the course and/or associated materials.

FAQs

Study method describes the format in which the course will be delivered. At Reed Courses, courses are delivered in a number of ways, including online courses, where the course content can be accessed online remotely, and classroom courses, where courses are delivered in person at a classroom venue.

CPD stands for Continuing Professional Development. If you work in certain professions or for certain companies, your employer may require you to complete a number of CPD hours or points, per year. You can find a range of CPD courses on Reed Courses, many of which can be completed online.

A regulated qualification is delivered by a learning institution which is regulated by a government body. In England, the government body which regulates courses is Ofqual. Ofqual regulated qualifications sit on the Regulated Qualifications Framework (RQF), which can help students understand how different qualifications in different fields compare to each other. The framework also helps students to understand what qualifications they need to progress towards a higher learning goal, such as a university degree or equivalent higher education award.

An endorsed course is a skills based course which has been checked over and approved by an independent awarding body. Endorsed courses are not regulated so do not result in a qualification - however, the student can usually purchase a certificate showing the awarding body's logo if they wish. Certain awarding bodies - such as Quality Licence Scheme and TQUK - have developed endorsement schemes as a way to help students select the best skills based courses for them.
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