Cash flow projection methods for pricing, reserving and profit testing; deterministic, stochastic and stress testing; pricing and risk management of embedded options in insurance products; mortality and maturity guarantees for equity-linked life insurance. Prereq: ACTSC 331 with a grade of at least 60%; Actuarial Science majors, Business/Math double degree, Mathematical Finance, Mathematics/Accounting Actuarial Science Option students only. Coreq: ACTSC/STAT 446
