Who should attend the course?
- New hires who have joined the firm late and missed the in-house program
- Individuals looking to fill a knowledge gap
- Experienced bankers looking to refresh their technical skills
- Teams employed in financial strategy roles from non-banking corporations
- Graduates preparing to interview for a role in the finance sector
- Students at business school and looking for a career in finance
Forecasting and Valuation
Delegates familiarize with the insurance business, starting with the property and casualty sector. Delegates complete a fully integrated forecasting and valuation model for a non-life insurance company.
- How do insurance companies make money?
- Key non-life insurance products
- Reinsurance and risk transfer
- Accounting for non-life insurance: deferral and matching principle
- Unearned premium reserves and claims reserves
- Building loss reserve triangles
- Key performance ratios
- Building a non-life insurance forecasting model
- Forecasting premium and claims development: non-life insurance cycles
- Building non-life reserves
- Forecasting operating expenses and impact of reinsurance
- Completing underwriting result
- Allocated capital, investments and financial returns
- Completing the forecasting model
- Using solvency requirements to establish capital surplus/deficit
- Completing a dividend discount valuation for the case company
"I like that the public courses are supported by online training. I can learn at my own pace and time, which has helped increase my confidence in the work that I do." ~ research analyst, global financial institution
What is a Virtual Classroom
Virtual Classroom training is a new and highly engaging way of delivering programs remotely with enhanced levels of interactivity compared to conventional webinars. In AMT’s Virtual Classroom participants are encouraged to activate their own webcams and mics throughout the class allowing for real-time engagement, both verbal and non-verbal, with fellow participants and their trainer. Participants can also share their screens to get instant assistance in any technical exercise; just like asking the trainer to walk over and help in the classroom! We have seen a step-change in participant engagement with this new technology. The trainer’s ability to see a selection of their participants’ faces in real-time, and to react to their verbal and non-verbal cues creates a remarkably realistic classroom-like experience. For an example of the technical requirements of for our Virtual Classrooms click here.