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On Exam FAM-L, you learned the basics of life insurance mathematics; mortality models, insurances, annuities, premiums, and reserves. On ALTAM, we discuss more general long-term insurances. Sometimes insurance covers more than one life. Sometimes the benefit depends on how one died. And there are other long-term products to analyze, such as disability income and long term care. We discuss all of these products, and also discuss pricing and analysis of profit. This manual offers comprehensive coverage of the ALTAM syllabus. Written by renowned ASM author Abraham Weishaus, Ph.D., FSA, CFA, MAAA, this text aims to efficiently prepare you to pass your ALTAM exam.
Abraham Weishaus Ph.D., FSA, CFA, MAAA
Abraham was formerly a financial reporting actuary for Guardian Life Insurance Company. He served on the SOA's Education and Examination Committee for 11 years. He also taught exam preparation courses for the Actuarial Society of Greater New York (ASNY) for 15 years, for CAMAR for 6 years, and for St. Johns University for 5 years. Abe is currently a professor at Columbia University, where he has been teaching for over 10 years. He has been an ASM author for over 20 years and publishes material for exams P, FAM, ALTAM, ASTAM, SRM, MAS-I, and MAS-II.
ASM has been helping students prepare for actuarial exams since 1983. We offer study materials for Exams P/1, FM/2, MLC, MFE/3F, C/4, S and EA-1, EA-2F and EA-2L, written by an outstanding team of authors. ASM Products are sold at ACTEX Learning | Mad River Books and The Actuarial Bookstore.