Course Features
Duration
2 months
Delivery Method
Online
Available on
Limited Access
Accessibility
Desktop, Laptop
Language
English
Subtitles
English
Level
Beginner
Effort
2 hours per week
Teaching Type
Self Paced
Course Description
Course Overview
International Faculty
Post Course Interactions
Instructor-Moderated Discussions
Skills You Will Gain
What You Will Learn
Compare and contrast statutory and US GAAP accounting
Conduct ratio analysis to assess an insurer's financial condition and results
Describe how insurance companies manage financial risk
Describe the impact of international accounting (IFRS) on the insurance industry
Describe the impairment tests for invested assets
Describe the key components of the NAIC's risk-based capital (RBC) formula
Describe the nature and purpose of reinsurance
Describe the operating cycle of an insurance company
Differentiate between loss reserves, policy reserves, UPR, and IBNR reserves
Explain the insurance industry's regulatory environment
Explain the methodologies used by rating agencies
Identify the components of an insurer's capital and surplus
Identify the key elements of risk transfer in a reinsurance agreement
Identify the warning signs of an insurer experiencing financial distress
Predict how changes in key variables might affect an insurer's financial results
Refresh your knowledge of key insurance terms and concepts
Describe major industry trends and challenges