Highlights
Duration
6 Weeks
Start Date
16 October 2021
Live Mentoring
15+ Hours
Location
Online Globally
Structured Learning
Designed & Mentored by Industry Experts
Work in teams on real world projects
AMA Certificate
Course Structure
Overview
Designed to make you confident in core actuarial activities : Actuarial Modeling, Pricing & Reserving. This is power pack of knowledge to kick-start your actuarial career ahead of your peers.
- Only 14 hours per week of time committment is expected
- 80+ hours of working & learning
- Model 4 Insurance Products (Mix of short term & long term liabilities)
- Learn through multiple case studies
- Get AMA Certificate
Skills You Will Acquire
Over 6 week journey, we take you from basic to advanced level of actuarial modeling skills. You become confident by working on real world complex project and at the end of the course, have developed few complex actuarial models.
Building Actuarial Models for Pricing & Reserving ( 6 Weeks )
The most prominent skill an actuary need is the ability to develop complex cashflow model. In this program, you will learn how to build an actuarial cashflow model & use it for actuarial analysis, pricing & reserving.
- Model 4 Insurance Products (Mix of long-term & short-term contracts)
- Understand the product features, Identify the key data inputs & assumptions to be used
- Know the best practices in building an actuarial model
- Monthly cashflow projection capable of handling multiple model points
- Model Testing, Documentation & Governance
- Product Pricing : Understanding the process & deriving the premium rates
- Risk Based Classification of Premiums (Select Mortality, Ultimate Mortality, Smoker, Non-smoker etc)
- Understanding parameters that affect the profitability, capital requirements, competitiveness and inherent risks of the insurance product
- Profit Testing & Profit Signature
- Calculating different measures of investment
- Sensitivity & Stress Testing, Solvency Modeling, Reserving. Forecast risk & financial impact.
- Analysis based on various business drivers, analytical ration & parameters that affect the premium rates
- Build Financial Statements
- Multiple Case Studies
- Software skills : Advanced Excel
Bonus Offerings
Assist you become job ready
We are committed to helping you get your dream job. Access to help in resume building & interview preparation
Certification
AMA Certification. Set you apart from peers.
Access to our actuarial material
Enhanced learning with our premium content
Subscription to Newsletter & Technical content
1 Year free access to our alumni
Identifying Opportunities
We put our best efforts to find you best fit job or even freelance work through our strong actuarial network
Webinars & Guest Lectures
1 Year Free Access to our alumni for continuous learning
Lifetime Actuarial Community Membership
We keep the actuarial community active and connected, so this family only gets larger with time
Mentors & Guest Lectures
MOHIT GUPTA
Guest Lecture
Qualified actuary with expertise in Business Planning, Shareholder Reporting & Valuation for life insurance
ASHISH GUPTA
Guest Lecture
Part-Qualified actuary with expertise in ALM, reporting & modeling for life insurance
AMAN MALHOTRA
Guest Lecture
Part-Qualified actuary with expertise in actuarial valuation for pension & life insurance
……….. & many more experts from across the globe will guide you through the program
Get Ahead With EdvanceSkill's AMA Certificate
Earn your certificate
Our programs are exhaustive and this certificate is proof that you have taken a big leap in mastering the skill
Differentiate yourself with this certificate
The knowledge and skills you’ve gained working on projects and case studies will set you ahead of the competition
Share your achievement
Boost your resume & talk about it on social media
Important Links for Actuarial Modeling Program
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