Refine Your Search
...
...
Actuarial science evaluates financial risks in the fields of insurance and investment of insurance funds using mathematical and statistical methods. This program provides participants with the necessary knowledge and skills that determine the value of insurance premiums during insurance periods, and future visions of the variables that may occur on the factors affecting the realization of the insured risk, and an estimate or determining administrative expenses and what is related to inflation and growth rates. It also addresses how to calculate the technical provisions for insurance companies and anticipate the funds needed to pay claims.
Actuarial science evaluates financial risks in the fields of insurance and investment of insurance funds using mathematical and statistical methods. This program provides participants with the necessary knowledge and skills that determine the value of insurance premiums during insurance periods, and future visions of the variables that may occur on the factors affecting the realization of the insured risk, and an estimate or determining administrative expenses and what is related to inflation and growth rates. It also addresses how to calculate the technical provisions for insurance companies and anticipate the funds needed to pay claims.
Insurance
Actuary
Product Development +3
Actuary
Product Development
Reinsurance / Retro Operations
Risk Management
Underwriting
Actuarial
Not Exist
Lecture
Case Studies +3
Lecture
Case Studies
Brainstroming
Practical Implementation
Dialogue Teams
Pre Exam
Post Exam
Purchase Program
( 0)Available
To preview individual and groups discount policy, Click Here
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
Actuarial studies concepts
Actuarial studies fields
Actuary competencies
Actuarial data tables
Quality and detail of the data provided to the actuary
In Class Training-Online Training
The concept of technical reserve
The importance of technical reserve
Types of technical reserve
The role of regulatory authorities in defining technical reserve
In Class Training-Online Training
Methods for calculating the applicable risk reserve
Methods for calculating the reserve for unearned premiums
Methods for calculating the reserve for unearned premiums in cases of irregular risks during the insurance policy period
Methods of calculating the reserve for deficit in premiums
Methods for calculating the reserve for outstanding claims
Methods of calculating the reserve for incurred but not reported claims IBNR
Methods for calculating the mathematical reserve for life insurance business
Case studies
In Class Training-Online Training
Analysis of the insurance portfolio of insurance companies
Actuarial reports
The appointed actuary’s responsibilities in respect of the data
The appointed actuary’s role in respect of pricing and pricing adequacy
The appointed actuary’s role in assessing solvency and capital
The appointed actuary’s role in performing experience studies
In Class Training-Online Training
The role of the actuary in the pricing policy and the changes that occur thereto
The role of the actuary in the accounting policy in recording premiums and claims costs and the changes that occur thereto
The role of the actuary in the reinsurance policy
The role of the actuary in determining the methods for calculating technical risks
The reinsurer's share of the technical reserves
The role of actuary in product development
Applications and practical cases from the reality of the trainees' work
Accessing the knowledge of actuarial studies to understand their relationship to the insurance activity.
Recognize the types of technical provisions maintained by insurance companies and the role of the actuary in calculating technical provisions in order to manage risks effectively.
Understand the methods of calculating technical provisions and premium deficiency in addition to the provision for incurred but not reported IBNR and the mathematical reserve for life insurance business to maintain the company's solvency.
Getting to know the requirements of the Saudi Central Bank- SAMA to calculate the technical reserve for vehicle and health insurance to reach a fair and competitive.
Understand basic actuarial methods for pricing all types of insurance policies and manage insurance risk to avoid pricing risk.
