Modeling and Estimation for Health and Disability Insurance

Knowledge:

• Insight into selected aspects of marked point process theory.
• Insight into the role and limitations of the classic multi-state framework for life insurance.
• In-depth understanding of theory regarding claims reserving in multi-state models with a focus on health and disability insurance schemes.
• In-depth understanding of statistical methods for intensity estimation in the presence of delays and contamination.

Skills: Ability to

• Compute claims reserves for health and disability insurance schemes.
• Estimate parameters of multi-state claims reserving models via for example likelihood methods.
• Implement the necessary computations in R.

Competences: Ability to 

• Select and interpret appropriate claims reserving models for health and disability insurance schemes.
• Read and reflect on actuarial research papers.