Risk Management for insurers Masterclass
We provide platform for Public training, In-house, to all clients and individual who seek to learn and educate.
Course Overview
This intensive two day executive programme provides a detailed examination of best practice governance and risk management in insurance companies. The programme takes the understanding of risk in insurance operations and looks at the implications for capital management.
The programme aims to equip senior insurance practitioners with pertinent knowledge and insights into the key practices of risk management and its role within good corporate governance.
BENEFITS OF ATTENDING
The course will consider in detail the risk management practices that well-managed insurance companies adopt. This will include:
- Understanding the International Risk Management Standard – ISO 31000
- Categories of risks faced by insurance companies (strategic, operational, insurance, reserving, credit, liquidity, market, reputational, compliance, legal)
- Methods of measuring risks and monitoring risk exposures
- Identifying and recording the company’s risk appetite and tolerance levels
- Setting the risk management policy and strategy
- Managing risk culture in the firm
- Selecting the most appropriate risk identification techniques
- Risk analysis and ranking
- Risk control and treatment options
- Linking risk appetite with operational control
- Understanding the role of stress testing in insurance organisations.
WHO SHOULD ATTEND
Senior and aspiring insurance practitioners with management responsibility and accountability for a department or business unit in life or non-life insurance organisations. Also suitable for promising, high-potential young insurance managers who have been identified for more significant and broader management roles in their organisations.
IN-HOUSE
Our Tailored Learning Offering
Do you have five or more people interested in attending this course? Do you want to tailor it to meet your company’s exact requirements? If you’d like to do either of these, we can bring this course to your company’s office by offering our classroom program or LIVE Online. You could even save up to 50% on the cost of sending delegates to a public course and dramatically increase your ROI.
Top Quality
From the Boardroom to the front line, we can deliver engaging, multi-faceted learning programmes that will nurture the skills needed to fast-track development and enable teams to flourish.
Best Way
We combine the right blend of formal, informal, online and classroom techniques to increase your employees’ knowledge retention, drive collaboration, and create social learning communities.