Bring in standardized data from our sources or your spreadsheets, calculate risks or premiums symbolically or numerically, and present fully interactive charts and reports with traditional actuarial notation—a complete workflow.
Underlying the Mathematica actuarial sciences solution is the most automated and reliable environment for computation, rapid development, and web or local deployment.
Using instant built-in or imported data to create interactive charts
Survival and hazard rate curves showing probability of survival until a future age and conditional probability of death
Calculating and interpreting typeset actuarial notation
Traditional actuarial notation created in Mathematica showing probability of survival and expected number of years remaining
Working with symbolic and numeric statistics for large-scale data analysis
Fit data to an analysis of covariance model, extract the ANOVA table, and visualize the level curves for the four groups
Performing powerful symbolic and numeric calculus computations
An interactive tool for calculating the probable maximum loss for various distributions and parameters, using numerical integration
Compare Mathematica to your current tools. Do they have these advantages?
Gain accuracy and reliability for your premium and payout calculations by performing symbolic computations, not just numeric ones Competitor note: Excel and statistical packages have built-in routines that only handle numeric calculations
"When I tell them [legislators] what the risks are of post-event
bonding, they know I'm not talking out of my hat. They know there's real
science behind this."