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6 days ago

Generalised Linear Model | GLM

The generalized linear model is used to model data that belongs to a distribution that is a member of an exponential family. To check, if...

Kalpesh Agrawal

Nov 14

Deferred Annuity and its formula

Let's understand Deferred Annuity. A deferred annuity is one for which the first payment starts in some future time. Consider an annuity...

Kalpesh Agrawal

Nov 11

Continuity Correction

When we use a normal approximation for continuous probability distribution we don’t have to consider any change. But while using a normal...

Kalpesh Agrawal

Nov 10

What is Perpetuity?

Let's understand Perpetuity. A perpetuity is an annuity with no termination date, i.e., n goes to infinity An example that resembles...

Kalpesh Agrawal

Nov 7

Annuity-Due and its formula

Let's understand Annuity-Due. An Annuity-Due is an annuity for which the payments are made at the beginning of the payment periods. The...

Kalpesh Agrawal

Nov 7

Annuity Immediate and its formula

Calculate the present value of an annuity-immediate of amount $1000 paid annually for 10 years at the rate of interest of 10%.

Kalpesh Agrawal

Oct 1

Excel ABS function

ABS function returns the absolute value of a number. In other words, an Absolute number is a number without its sign.

Kalpesh Agrawal

Jul 3

Crude Death Rate

CRUDE DEATH RATE is the total number of deaths in a population of a given geographical area (country, state, district, pin code, etc.)...

Kalpesh Agrawal

Jul 3

Pradhan Mantri Vaya Vandana Yojana

Product UIN: 512G336V01 Introduction: The Government of India has introduced Pradhan Mantri Vaya Vandana Yojana (Modified-2020), with the...

Kalpesh Agrawal

Jul 1

Admitted Assets

Admitted assets are insurance company financial assets that can be valued and are included on the balance sheet to determine the...

Muskan Garg

Jun 28

LIC's New Jeevan Anand

Product Name: LIC New Jeevan Anand Product UIN: 512N279V02 Product Type: LIC’s New Jeevan Anand is a Non-Linked, Participating,...

Kalpesh Agrawal

Jun 26

Adverse Selection

Adverse selection is the social occurrence where a person with a higher risk seeks greater insurance coverage than those who are with...

Kalpesh Agrawal

Jun 25

Adjuster definition

An adjuster is a person who investigates claims. A claim adjuster is responsible to evaluate an insurance claim to determine the...

Kalpesh Agrawal

Jun 25

LIC Saral Jeevan Bima

Product Name: Saral Jeevan Bima Product UIN: 512N341V01 Product Type: LIC's Saral Jeevan Bima plan is a Non-Linked, Non-Participating,...

Kalpesh Agrawal

Jun 19

What does an Actuary do?

In 1968, UK Actuary Frank Redington said: "As a profession, we are apt to be accurate, cautious, consistent, and reticent, and in these...

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About

Hi, My self Kalpesh Agrawal.

I have cleared 6 Actuarial Exams, including CM1(CT1+CT5), CB2(CT7), CS1(CT3), CS2(CT4+CT6) all in the first attempt.

Six Sigma Green & Black Belt
Microsoft SQL Server Specialist
Microsoft Excel-2013
Tableau Desktop Specialist

I have work experience as a Data Analyst in an IT company and worked with International Clients. Currently, I am working as a Jr. Actuarial Officer at IIB.

Connect with me on LinkedIn: Kalpesh Agrawal