Jacob Park
Hanyang University, Mathematics, Actuary
Worked as a full-time instructor at the Insurance Training Institute and the Institute of Actuaries for 10 years,
with 20 years of experience in actuarial consulting at companies such as Deloitte, EY, and SIG Partners.
Hyunjin Jeon
With over 20 years of experience in actuarial and
risk management roles at life and non-life insurance companies.
Previously served as the CRO and Appointed Actuary at KDB Life Insurance.
Currently engaged in ALM at ADS Consulting.
Lak Hyung Kim
University of Seoul, Mathematics
Worked in product development and actuarial fields across multiple insurance companies,
With over 20 years of experience,implemented IFRS 17 systems for numerous insurers
while working at actuarial consulting firms such as Deloitte, EY, and SIG Partners.
Currently serving as an instructor at ADS Academy.
Tom Helm
-Fellow of the Institute of Actuaries (FIA)
Tom has worked for major insurers and a big 4 consultancy
in the corporate actuarial area with a particular focus on modelling.
He spent 7 years at Deloitte as part of the Actuarial Modelling Centre,
providing technical leadership for major transformation projects.
Overview
The ADS Academy course covers the fundamental principles of insurance in depth, focusing on various topics applicable to actuarial and risk management practices. It provides practical knowledge that can be immediately applied in the field through an exploration of key insurance products’ structures and real-life case studies. The course is structured to facilitate a clear understanding of complex concepts through expert explanations and high-quality visual materials. This is an opportunity to further enhance expertise in the insurance and actuarial fields with optimal content tailored to professional development.
Overview
The ADS Academy course covers the fundamental principles of insurance in depth, focusing on various topics applicable to actuarial and risk management practices. It provides practical knowledge that can be immediately applied in the field through an exploration of key insurance products’ structures and real-life case studies. The course is structured to facilitate a clear understanding of complex concepts through expert explanations and high-quality visual materials. This is an opportunity to further enhance expertise in the insurance and actuarial fields with optimal content tailored to professional development.
Actuarial Fundamentals
[Open in 2025]
- Premium and Surrender Value Calculation using Actuarial Tables
- Understanding Actuarial Science
Company-wide Training
(IFRS 17 / K-ICS)
- Examples of IFRS 17 Accounting Treatments
- Introduction to K-ICS
- Direction of Profit and Loss Management under IFRS 17
Product Development
[Open April 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
Assumption Management and Calculation
- Methodologies for assumptions of risk/policyholder behavior/expense allocation/economics
- Actuarial Assumption Management Strategies (Audit Trail)
Advanced IFRS 17 Actuarial Closing
- Advanced IFRS 17 Actuarial Closing Practices
K-ICS
- Overview of Risk Management in Insurance Companies
- Understanding Market Risk
- Understanding Interest Rate Risk
- Understanding Insurance Risk
- Insurance Risk Internal Model
Reinsurance
[Open in January 2025]
- Traditional Reinsurance
- Co-Reinsurance
- Excel-Based Reinsurance Profit and Loss Forecasting
Management under IFRS 17 and K-ICS Standards
-Direction of Profit and Loss Management under IFRS17
- ALM-Based Management
- MCEV-Based Management
-Risk Based Asset-Liability Portfolio Management
Managerial Accounting
[Open coming]
- Biz Planning
- Selection of KPIs under IFRS 17 and K-ICS Standards
- Variable Product Hedging
Actuarial Modeling Course (New Product Modeling)
[Open in 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
Actuarial Modeling Course (IFRS 17 Closing Practice)
[Open in 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
ERM (Enterprise Risk Managment)
[Open in 2025]
- Basic ERM Risk Management
- Insurance Risk Concept and Internal Model
Reporting
- Supervisor Report Preparation Method
- Automation System Example
14. Product Planning
[Open in 2025]
- Product Introduction
- Product Structure
- Market Understanding
- Risk Rate
With the best expert instructors tailored to the needs of the global insurance company
Direct access to top-tier
experts in the insurance industry
Direct access to top-tier
experts in the global insurance industry
Direct access to top-tier
experts in the actuarial solutions industry
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Jacob Park
Lead Actuarial Consulting Partners
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Hyunjin Jeon
Lead Actuarial Consulting Partners
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Lakhyung Kim
Actuarial Consulting Partners
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Tom Helm
Fellow of the Institute of Actuaries (FIA)
ADS Academy's Original!
ADS Academy’s Unique Educational Content!
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Credential Program at the ADS Academy - AWLC
Demonstrate your expertise with the ADS Academy Certification Program.
The Actuarial Working Level Certificate has three levels.
Choose the level that suits you best, complete the program, and pass the exam to prove your professional skills!
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FUNDAMENTALS
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ASSOCIATE
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EXPERT
Course Category
1. Actuarial Fundamentals
[Open March 2025]
- Premium and Surrender Value Calculation using Actuarial Tables
- Understanding Actuarial Science
2. Company-wide Training
(IFRS 17 / K-ICS)
- Examples of IFRS 17 Accounting Treatments
- Introduction to K-ICS
- Direction of Profit and Loss Management under IFRS 17
3. Product Development
[Open April 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
4. Assumption Management and Calculation
-Methodologies for assumptions of risk/policyholder behavior/expense allocation/economics
- Actuarial Assumption Management Strategies (Audit Trail)
5. IFRS 17 Actuarial Closing Practice
- Advanced IFRS 17 Actuarial Closing Practices
6. K-ICS
- Overview of Risk Management in Insurance Companies
- Understanding Market Risk
- Understanding Interest Rate Risk
- Understanding Insurance Risk
- Insurance Risk Internal Model
7. Reinsurance
[Open in April 2025]
- Traditional Reinsurance
- Co-Reinsurance
- Excel-Based Reinsurance Profit and Loss Forecasting
8. Management under IFRS 17 and K-ICS Standards
-Direction of Profit and Loss Management under IFRS17
- ALM-Based Management
- MCEV-Based Management
-Risk Based Asset-Liability Portfolio Management
9. Managerial Accounting
[Open April 2025]
- Biz Planning
- Selection of KPIs under IFRS 17 and K-ICS Standards
- Variable Product Hedging
10. Actuarial Modeling Course (New Product Modeling)
[Open in 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
11. Actuarial Modeling Course (IFRS 17 Closing Practice)
[Open in 2025]
- Term Insurance
- Cancer Insurance
- Savings Insurance
- Annuity Insurance
- Variable Insurance
12. ERM (Enterprise Risk Managment)
[Open in 2025]
- Basic ERM Risk Management
- Insurance Risk Concept and Internal Model
13. Reporting
- Supervisor Report Preparation Method
- Automation System Example
14. Product Planning
[Open in 2025]
- Product Introduction
- Product Structure
- Market Understanding
- Risk Rate