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1 Reviews
Gain a deep understanding of the key functions within insurance operations: underwriting and claims. This program provides you with the knowledge and skills necessary to understand the underwriting cycle based on actuarial studies, as well as how to manage claims from submission to settlement. You will also learn the principles of insurance and risk management to enhance your efficiency in this vital field.
1 Reviews
Underwriting and claims are among the most important functions in insurance. Underwriting begins even before the insurance process itself and relies on actuarial studies and calculations to ensure the validity of insurance contracts. Claims, on the other hand, are formal requests submitted to cover or compensate for losses and are paid to the insured or their representative. This training program is designed to equip participants with the knowledge and skills necessary to understand the claims and underwriting processes by gaining an understanding of the principles of insurance and risk management, as well as reviewing the underwriting cycle, its procedures and components, and the claims procedures and stages.
Insurance
+3
Operations
Not Exist
Lecture
Case Studies +1
Lecture
Case Studies
Brainstroming
Pre Exam
Post Exam
Underwriting
Claims +3
Underwriting
Claims
Reinsurance / Retro Operations
Health Operations
Loss Adjustment/ Assessors
This provides you with the opportunity to select the available times that suit you best for participation in our program. These times represent slots during which we are ready to welcome you and provide assistance and guidance.
In Class Training-Online Training
Insurance Concept
Insurance Importance
Insurance Types
Insurance Controls
Insurance in KSA Organizing and Control
In Class Training-Online Training
Underwriting Concepts
Underwriting Goals
Underwriting Principles and Guidance.
Insurance Underwriting Types.
Underwriting Skills
Underwriting Processes
The Relationship between Underwriting Unit with other insurance units.
Underwriting and Technology
Data Source and Underwriting Decision Making Methods.
In Class Training-Online Training
Insurance Pricing Process Concept
Insurance Risks Management and Assessment
Insurance Portfolio Management.
Risk Assessment in Group Insurance
In Class Training-Online Training
Terminologies used in claims
Claims considerations and administration
Claims handling procedures
Claim Settlement operations
Insurance Claims Goals
Application of claims settlement on different types of insurance
In Class Training-Online Training
Effective claims management
Claims leakage
Salvage
Describe how disputes and complaints could be resolved
Understand the concept of insurance as a form of risk management, as well as the main principles of insurance in order match the most suitable insurance policy with its affiliated risk
Comprehend the underwriting function, and understand the full underwriting process/cycle and the application to know the difference in coverage and choosing the best for the insured
Discuss the Pricing factors in insurance underwriting as a means of premium calculation, as well as portfolio management to enable the underwriter to price the risk correctly and fairly.
Understand the claims settlement process and its application to different types of insurance to understand how much coverage is provided in the insurance policy as well as the settlement by providing the claimant with a valid claim
Discuss the “Insurance Claims Management” concept and its importance and way of application.
