Our Process
Organized process and well-designed gamified course for your efficient learning
Key Features & Highlights
Overview
Designed for actuarial professionals early in their career. This course is aimed at making to upskill you to boost your actuarial career growth and guide your career with better opportunities. Divided into 11 comprehensive modules, this course is structured as –
- Actuarial Technical Skills (Module 1-8)
- Software Tools used in the industry (Module 9)
- Career Preparation (Module 10)
- Capstone Project (Module 11)
Method
Module 1-8 : Online interactive mentoring sessions
Module 9-10 : Self-paced learning through pre-recorded curated content from Udemy and Youtube. Access to this content will be provided by EdvanceSkill. Additionally, interactive mentoring sessions will be conducted for overview, assignments and doubt solving.
Important Details
Location : Global
Duration : 12 weeks
Start Date : 1st july 2021
Schedule : Saturday & Sunday 11 am – 2 pm IST
Language : English
Course will be conducted every weekend. The timing is indicative and can be changed as per the student poll. However, doubt sessions, guest lectures seminars can be conducted over the weekdays too.
Course Breaks to write actuarial exams held during the course will be provided
Experienced Mentors
Designed by Industry Experts
Practical learning through real world projects
Certification post completing the course
Pre-Requisites
- Should understand basic actuarial concepts and insurance products covered in subject CM1 especially calculating present value, cashflows, decrements reserves, calculating premiums etc. If the candidate is not aware of these concepts, we will provide the pre-reading material. Candidate should have the willingness to read the pre-reading material provided before start of the course.
- Should know basic excel skills
- Should be actively pursuing actuarial education
- Should have access to a computer, WiFi, and a quiet workspace.
Course Structure
Learning Objectives
On the job learning is slow and in some cases might give you narrow learning based on the work opportunities you get. Increasing competition with technological advancements can make you redundant.
Focused and practical learning through Actuarial Modeling & Analysis (AMA) certification course will help you acquire skills faster and be able to navigate your career in a better way.
11 comprehensive, structured and vetted modules will ensure we meet our objective. The course offers –
– 70+ hours of live mentoring sessions
– 40+ hours of curated recorded sessions
– 180+ hours of assignments
Practical learning from this course will enhance your understanding of concepts to help you clear actuarial exams
Module 1 - 8 : Actuarial Skills
All our actuarial skill modules will be delivered through personalised interactive online sessions with experienced actuarial professionals. This module will use concepts from all actuarial series CM, CS, CP, SP and SA to help understand its implementation in real world.
- Insurance product design and features for different lines of business. Understanding parameters that affect the profitability, capital requirements, competitiveness and inherent risks of an insurance product
- Development of actuarial inputs and its analysis (data and assumptions)
- Development of actuarial pricing models for different products in life and general insurance
- Complex actuarial analysis through analytical ratios, business drivers and scenario/sensitivity results
- Understanding and deriving advanced actuarial calculations like Embedded Value, TEV vs MCEV etc.
- Management of With-Profits products
- Understanding and deriving the portfolio strategy of investments and company portfolio through simulations
- Performing surplus analysis for the company
- Building financial statements
Module 9 : Software Skills
This module will help to have working knowledge of software tools used by actuaries in their daily operations. This module will be self-paced learning through pre-recorded curated content from Udemy and Youtube. Access to this content will be provided by EdvanceSkill. Interactive mentoring sessions with expert faculty will be conducted for overview, assignments and doubt solving.
- VBA Coding
- Python
- SQL
- Data Visualization Software - Tableau
- Other MS Office tools - Word, Powerpoint, Access
Module 10 – Career Preparation
To be successful in a job interview requires more than just actuarial knowledge. We help you build the confidence to face job interviews and succeed. This module will be delivered by our recruitment team through personalised interactive sessions.
- Resume Review
- LinkedIn Profile Optimization
Module 11 : Capstone Project
Finally, you will use all the knowledge acquired to implement on a real world project
- Building actuarial templates to perform the calculations
- Preparing actuarial report
- Presentation
Our Additional Course 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
Sets you apart from your peers
Flash Cards
Revise quickly through our customized summary notes of the content studied in the course
Subscription to Newsletter & Technical content
1 Year free access to our alumni
Assistance in Job Hunt
We put our best efforts to find you best fit job, internship 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
Admission Process
We have a rigorous enrollment process as we have limited seats and our reputation in the industry stands upon the knowledge demonstrated by our candidates
Step 1 – Application Process
Submit the application if you meet the pre-requisites for the course.
Step 2 – Entrance & Scholarship Test
Candidates go through 40 mins of basic aptitude and actuarial knowledge test. Based on the performance we will select the candidates to go ahead with the enrollment process. We also offer scholarship discounts based on the marks secured in the test.
Step 3 – Documentation
If you pass the entrance test, submit the required documents and get enrolled.
Tuition Fees
Course is open globally to candidates who can understand English. We accept all currencies. Currency conversion rate applies as per your country.
Pay INR 98,999 (inclusive of all taxes)
Original Price – INR 1,65,000
(Early Registration – 40% discount applied)
USD 1599 (inclusive of all taxes)
Original Price – USD 2666
(Early Registration – 40% discount applied)
We accept all currencies. Currency conversion applies accordingly.
Our Financial Assistance, Discount & Referral Program
Get Financial Assistance
We are committed to our education mission. Candidates unable to afford the program fees but have a passion for this profession can access our financial assistance program.
Know MoreRefer & Earn
Let your actuarial friends also benefit from our courses. You save extra on referrals.
Know MoreGet 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
DO YOU WANT TO BE SUCCESSFUL ACTUARIAL PROFESSIONAL?
