Introduction to Insurance Management

The seminar gives beginners and career changers the opportunity to efficiently gather basic key knowledge and specific information relevant for the insurance industry.

After introducing the insurance business model, you will get a thorough and comprehensive insight into particular areas and topics of insurance management.

It is the seminar’s objective to give you the necessary competencies and an extensive overview of the diverse insurance-specific topics. We attach great emphasis on showing the relation between the different topics and we also introduce current and demanding areas in terms of content like risk management and Solvency II.

If you want to attend the seminar in German, please see: "Versicherungsmanagement für Neu- und Quereinsteiger" (https://www.ppogmbh.de/seminar/versicherungsmanagement-fuer-neu-und-quereinsteiger).

Main Elements:

• The insurance business model
• Update of the latest developments in the insurance market
• Principles of insurance management
• Specifics of the industry’s areas
• Core processes of an insurance company
• Asset Management of an insurance company
• Range of offered products
• Essentials of risk management in an insurance company
• Calculation of premiums
• Marketing in the insurance industry
• Legal regulations (insurance supervision law, insurance act)
• Overview of accounting standards in insurance companies
• Insurance specific provisions
• Fundamentals of reinsurance
• Principles of solvability rules, stress tests and Solvency II
• Meaning of credit ratings for insurance companies
• Technical terms for the primary and reinsurance market
• Current problematic areas of the insurance industry
• Discussion and Q&A