Reporting
Instructor : Tae-uk Lee / Byung-seon Bae
Course Format : on-line
Course Duration :
Study Period : 180days
Course Fee : $350
Number of Lectures : 2
Reporting
Instructor : Tae-uk Lee / Byung-seon Bae
Course Format : on-line
Course Duration :
Study Period : 180days
Course Fee : $350
Number of Lectures : 2
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
- Practitioners responsible for actuarial and risk management tasks at insurance and reinsurance companies
- Professionals who need a practical understanding of the latest regulations and frameworks such as IFRS 17, K-ICS, and RBC
- Experts conducting insurance risk measurement, actuarial assessment, asset-liability management (ALM), and stress testing
- Practitioners engaged in profit analysis and risk monitoring using risk and actuarial data
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