Life Insurance Workshop Structure in detail

-


Life Insurance Syllabus updated as of December 2020:


1. Training on Solvency II
  • Presentation based
  • Cover all three pillars
2. Modelling of Life Insurance Reserving exercise
  • Perform Excel based modelling of Life insurance product that provides death, retirement and interval benefits
3. Assessment of Modelling exercise
  • A test will be conducted where the student has to prepare his own tool based on the data that we provide and then results will be checked
4. Investment Analysis of Insurance product
  • Excel based modelling
  • IRR and feasibility of other better investment options will be analysed based on Investment model


5. Life Insurance Handbook will be given for lifetime consists of 11 articles based on:
  • Life Insurance products in detail
  • Complex products not mentioned in CT Series books
  • Profit testing, Profit signature
6. Probability distribution for the following in layman terms:
  • Uniform
  • Bernoulli
  • Binomial
  • Poisson
  • Geometric
  • Negative Binomial
  • Hyper geometric
  • Gamma
  • Exponential
  • Beta
  • T
  • Chi-Square
  • F
  • Weibull
  • Pareto
  • Normal
  • Standard Normal
  • Lognormal
  • Burr
7. HR Tips and Tricks


Have a look at this video (But please note that it can take 5-6 days too)



Follow us on Linkedin: Actuary Sense

Follow us on Instagram: Actuary Sense

Let's have a look at some frequently asked questions after the below image:)




Ques: Is this Workshop online ?

Ans: Yes, it is an online workshop where we will teach you all the topics mentioned above.

Ques: How can I join this workshop ?

Ans: You have to stay updated on our Linkedin or Instagram pages for upcoming batches.

Ques: Will I get the certificate on completion ?

Ans: Yes. But please note that if you are only here for certificate then we are sorry, we will not teach you. Because we believe in infusing the greatest knowledge among actuarial aspirants around the world. Interviewer will not ask you whether you have any certificate or not. He will judge you on the basis of knowledge that you possess.

Ques: How does this workshop works ?

Ans: On our Linkedin or Instagram pages you will find google forms to fill up after that

·         You will receive a call from us for any general query and for the payment

·         You have to install Zoom video calling software on your Laptop

·         We will share our screen and then will teach you everything on an hourly basis

·         Your doubts will be taken during the session

Ques: How many students will be in one batch ?

Ans: We believe in quality over Quantity, therefore we will not fill up one batch more than 15 students and focus on each and every single individual.

Ques: In which language do you teach ?

Ans: English

 Ques: Is this Workshop Paid and how much is the fees ?

Ans: Yes, it’s a paid workshop and fees usually changes as per demand and supply concept but will always stays within reasonable amount. You will be happy to know that from this amount we used to pay fees for the actuarial students who are financially weak, we reimburse their examination and study material fees. 😊

Ques: How it will help me in finding my first Job ?

Ans: Workshop is designed in such a crisp manner that you will be able to understand the whole actuarial concept very easily and session will also be conducted on how to get the job. As on November 2020, we have taught around 420 students, out of which 315 got their actuarial Job

**** If you guys have any other general doubts, make sure to comment below and we will update our FaQs page*****


Comments

  1. Unknown11 October 2020 at 17:00

    I am a beginner in this field as such just appeared for my first paper as CM1 .. Soam I eligible for this workshop ?

    ReplyDelete
  2. FM Financial Group29 October 2020 at 14:37

    Really very happy to say, your post is very interesting to read. I never stop myself to say something about it. You’re doing a great job. Keep it up. choosing life insurance

    ReplyDelete
  3. Rozer Baine19 November 2020 at 15:38

    Really very happy to say, your post is very interesting to read. I never stop myself from saying something about it. You’re doing a great job. Keep it up. best health insurance Miami

    ReplyDelete
  4. vosinsurance12 December 2020 at 12:32

    Great job for publishing such a nice article. Your article isn’t only useful but it is additionally really informative. Thank you because you have been willing to share information with us. Vos Insurance

    ReplyDelete
  5. Lea Watson26 May 2021 at 21:16

    Life insurance can help you plan for the future and keep your .your loved ones a payout if you die during the policy's term. Or it could be used for repaying outstanding debts and Insurance 2000 London 2021

    ReplyDelete
  6. bossk11 June 2021 at 15:27

    Thank you so much Mr. Nicholas kallis for sharing such a wonderful article about life insurance, this will help people who are all looking to get life insurance. For more details. Best Life Insurance In Dubai

    ReplyDelete
  7. sainsure8 July 2021 at 10:57

    You composed this post amazing about this topic. I got data from your article, it is precious for me and furthermore for other people. Continue sharing this sort of information. Life Insurance Quotes

    ReplyDelete
  8. bossk16 July 2021 at 11:50

    Amazing blog!!.. Shared all the useful and important information about life insurance. This will give a clear idea to the people who are all looking to get life insurance plan. For more details: Best Life Insurance In Dubai

    ReplyDelete
  9. Jerry Souax13 October 2021 at 16:06

    Impressive and powerful suggestion by the author of this blog are really helpful to me. I am searching for Best health insurance in Miami, I want to read for it in your style. Keep it up.

    ReplyDelete
  10. Mitchel Marsh15 October 2021 at 08:14

    Thanks for sharing this post. This contains various information related to Life Insurance. Your blog is informative & helps me to understand things about Life Insurance policies. So if you are looking for Life Insurance in Houston TX then RBS Tax Services is the best option.

    ReplyDelete

Post a Comment

Popular posts from this blog

Overview on Solvency II in a Layman Language - Phase 1 - Actuarial

-
Image
Overview Solvency II is set of rules set by regulatory body that tells insurance company regarding how much capital should they hold. Let’s understand with the help of an example… Suppose there are 2 insurance companies i.e. Company X and Company Y Company X Company Y Assets 100 million Assets 100 million Liability 80 million Liability 80 million On the basis of only this information, what do you think, which company is financially strong ? which company is performing better ? Your answer would be that both these companies have same level of security. Now let us give you further information i.e. breakdown of asset classes Company X – Assets Company Y – Assets Equities 80 million Govt. Bonds 80 million Derivatives 20 million Corporate Bonds-AAA credit rating 20 million Now te
Read more

Interview with Nikita Prabhu - General Insurance Actuary

-
Image
Ques 1: Why did you choose Actuarial Science as a career? Ans: I came to know about Actuarial Science when I was in high school from my father who is an insurance agent. He showed me the Ready reckoner for premium rates and told me that ‘actuaries’ were behind the mathematics of it. I researched the profession and found it quite fascinating. I could apply the knowledge gained from the study of mathematics, statistics, economics, and finance to solve a range of real-world problems. It seemed highly rewarding. Ques 2: How is it like to work in both consulting and core Insurance based company environments? Ans: I was fortunate to start my career in consulting with Ernst & Young. Early on in my career, I got exposure to the different fields that actuaries work in, such as life insurance, employee benefits and general insurance. This initial experience aroused my curiosity towards general insurance (GI) and hence I chose to become a GI actuary. In a consulting firm, you get the
Read more

Interview with Nicholas Kallis - Qualified Actuary

-
Image
  Interview with Nicholas Kallis, FSA, MAAA   Ques 1: Why did you choose Actuarial Science as a career? Answer: I recall my last year of high school graduation, pondering and deliberating on what a suitable career would be. My mathematics teacher introduced me to the world of actuarial science by bringing some magazines and periodicals to read about this profession. My teacher that way planted the seed and from that point on, further research and meeting a successful practicing actuary solidified this goal and path for me to pursue. Ques 2: How is it like to work in USA and Cyprus. What will be the difference you observe in both insurance markets? Answer: I must say, always from my point of view, the differences are significant. At the same time one has to fairly and reasonably compare the two countries and respective markets. The USA of course is quite advanced, offers tremendous opportunity in terms of credentialing, continuous development, remuneration and other aspects, as
Read more