Reporting

Implementing analysis and governance through data mart management and validation enabled by the automation of financial supervisory reports.

Instructor : 

Course Format : on-line

Course Duration : 

Study Period : 60days

Course Fee : $2500

Number of Lectures : 

Reporting

Implementing analysis and governance through data mart management and validation enabled by the automation of financial supervisory reports.

Instructor : 

Course Format : on-line

Course Duration : 

Study Period : 60days

Course Fee : $2500

Number of Lectures : 

Introduction

This course introduces methods for efficiently managing and operating data marts through the automation of financial supervisory reports, establishing reliable analysis and robust governance based on systematic validation procedures.
The course delves into the data integration and automation processes with practical case studies, enabling participants to apply the knowledge directly to their workplace.

Additionally, it presents the key principles and implementation strategies needed to establish a governance framework, enhancing the ability to develop accurate and transparent reporting systems required by financial institutions.

The ultimate goal of this course is to elevate participants’ capabilities in implementing reliable and transparent reporting processes, meeting the demands of the financial industry.

Target Audience

This course is designed for undergraduate and graduate students majoring in accounting or actuarial science, individuals interested in the fields of accounting and actuarial science, job seekers, and actuaries or professionals working in international or multinational insurance companies.

Course Category

1. Actuarial Fundamentals
[Open in 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 (TBD)
[Open February 2025]

- Practical Training on PV Generation Using Actuarial Tables
- Profit and Loss Analysis for New Products
- Development of Risk Rates

4. Assumption Management and Calculation

-Methodologies for assumptions of risk/policyholder behavior/expense allocation/economics
- Actuarial Assumption Management Strategies (Audit Trail)

5. Advanced IFRS 17 Actuarial Closing

- 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 January 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 coming]

- Biz Planning
- Selection of KPIs under IFRS 17 and K-ICS Standards
- Variable Product Hedging

10. Actuarial Software
[Open in 2025]

- Understanding Actuarial Software
- Pricing Practice
- Valuation Practice
- Internal Management Practice (Business Planning, ALM, etc..)

11. ERM (Enterprise Risk Managment)
[Open in 2025]

- Basic ERM Risk Management
- Insurance Risk Concept and Internal Model

12. Reporting

- Supervisor Report Preparation Method
- Automation System Example

Scroll to Top