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