Representation of an actuarial calculation in a web application
Project duration: 2 months
Brief description
The web application is a SinglePage development in which AngularJS is used. The architecture is a client/server structure. The calculation is carried out in the server. The data entered is sent to the JAVA backend by means of RestService and the result is output on the web page.
Supplement
The payment receipts must be entered per year in order to carry out the calculation. The entries are made in an AngularJS grid component. The user can determine in advance on the website how many columns and rows the grid should have. It is also possible to vary the number of rows during the entry. Changing the number of columns is not intended. The entered data is sent to the server via Rest interface. The program on the server for the actuarial calculation is implemented in JAVA, while the JerseyAPI is used as the RestService.
Subject description
It is a yield calculation. The case handler should calculate the yields from a life insurance on the day of disbursement, and to do so he/she must enter all payment receipts precisely to the year. The interest calculation is performed precisely to the day, taking account of leap years.