Actuarial training for non-actuaries

Our special course will provide insurance professionals with helpful insights into actuarial work, enabling the course participants to integrate various actuarial aspects into their own work. As a result, cooperation between individual departments (within an insurance company) should improve.

Aneta Nekvindová
Viktor Brůžek
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5. 12. 2024  (09:00–16:30)
7 200,- CZK ex. VAT

Who are the intended participants?

  • Professionals working in risk management, finance, accounting, controlling or compliance who wish to gain a basic understanding of actuarial methods and principles.
  • Students specialising in finance or actuarial mathematics.
  • Anyone interested in actuarial matters.

Programme

  • Life assurance
    • Product pricing
    • Purpose and design of selected technical provisions
    • Deferred acquisition costs (DAC)
    • Accumulated debt in respect of unit-linked assurance contracts
    • Liability adequacy test
  • Non-life insurance
    • Product pricing
    • Purpose and design of selected technical provisions, in particular the IBNR provision
    • Claims run-off analysis
    • Liability adequacy test

Benefits

You will:

  • Become acquainted with the basics of actuarial work.
  • Understand how products are developed and technical provisions calculated.
  • Learn how insurance companies test the adequacy of technical provisions.

Place

KPMG Česká republika, Pobřežní 1a, Praha 8

The fee includes training materials, morning and afternoon refreshments and lunch. The training will be conducted in Czech.

For attending this training course, you are eligible to gain 7 of CPD points.