Actuarial Mathematics for Life Contingent Risks (International Series on Actuarial Science) 2nd Edition

This is an excellent, must-have addition to the library of any aspiring actuary. Topics from elementary survival models through multiple-state models are explained clearly and cogently, with great practice problems at the end of each chapter that challenge the student to think critically based on the material presented in each section.I would definitely recommend this book for self-study, as the mathematics are clearly developed in each section and the various real-world drawbacks and consequences of particular models are discussed in-depth. None of the math is of the "don't try this at home" level, but obviously you have to be quite comfortable with differential and integral calculus. For the sake of brevity and orderliness, many of the intermediate steps are not shown in the proofs and derivations of formulas, so if you absolutely have to know, it's on you to do the messy algebra work. On the whole, this tends to serve as a very good exercise and will help you to be able to develop the mathematics for yourself; personally I find that one of the most important parts of learning independently is self-reliance and a willingness to think critically, and this book will certainly encourage that.This is an all-around excellent purchase that you cannot go wrong with. An outstanding treatise on the mathematics used in one of the world's top professional fields.

I absolutely love this textbook, it is probably my favorite. I have a bachelors degree in mathematics and have read many textbooks that are considered more "rigorous" than most and this one stands out as a very pleasing read. There are, however, several typos scattered throughout and many are not listed on the errata sheet posted on this textbook's website, but they do not impede readability, distract excessively, or weaken trust in the authors or content. It is very well structured and filled with engaging end-of-chapter problems that are challenging and extremely instructing. This text coupled with the solution manual may be the only things I need to pass the recently revised SOA LTAM exam (previously MLC).

Uno que otro error pero nada grabe si conoces la teoría.

I'm normally a lecture guy, would much rather listen to someone explain a concept than read it out of a book. However, this textbook was so well written that I had to come on here and give it a good review. I have no problem reading and comprehending the material in this textbook soley because of its intuitive prose and plain language approach. Also, the historical background it gives that set up a real framework for the concepts is a huge plus. I actually feel like I'm learning something useful and with real application, rather than just chugging through formulas for their own sake.

needed this for my actuary class. nothing out of the ordinary, just your average math book. if you need it and its a good price on amazon then by all means buy it.

Excellent book on life actuarial mathematics, both theoretically sound but it also gives a perspective of practice. I recommend the book.

Nephew used in school

Great book for aspiring actuaries!