Strategic Finance in Insurance

Strategic finance will explore solutions for your modern finance challenges including business partnering, risk governance, macro finance and Value creation by providing long-term planning for ongoing growth and development

Also provide in-depth knowledge about the insurance company's strategic finance process and reporting system

Target Audience:

Anyone interested in financial matters with Suitable university degree

Objectives:

By the end of this training, participants will be able to:

  • Understand accounting principles and practices and their application
  • Understand the main practices of insurance company accounts
  • Analyse businesses using financial ratios
  • Understand the financial strength of insurance companies

Assessment Strategy:

  • Pre and Post training test to measure knowledge and learning levels
  • Engage trainees in exercises and group activities
  • Evaluation form to be filled by trainees

Module 1: Understand accounting principles and practices and their application

  • What is the meaning of the abbreviations listed in the financial statement?
  • Which numbers matter with the finance team
  • Describing the financial statements
  • Reading and understanding the financial statement

Module 2: Understand the main practices of insurance company accounts.

  • Understanding the Reserving
  • Investment
  • Identifying and dealing with business risk
  • Choosing the best financial alternative for a large investment project

Module 3: Analyse businesses using financial ratios

  • You need to keep up-to-date with the impact of financial technology
  • Managing mergers and acquisitions
  • Value creation
  • How you can become a better business partner?
Experience Level:
How did you hear about us?
Code: INS2182
Language: English
Duration: 3 Days