About this Professional Certificate
Financial Analysis of Insurance Companies Professional Certificate is designed to provide you with a good understanding of the unique analysis methods needed to assess the financial strength and operating performance of insurance companies in the US and Europe.
Learners will be introduced to the various analysis methods over 12 modules and a case study which examines the primary methods used to value a property and casualty insurance business.
The Financial Analysis of Insurance Companies Professional Certificate concludes with an online proctored capstone test in which learners need to score 70% and above to receive the Financial Analysis of Insurance Companies Professional Certificate from edX and the Financial Analysis of Insurance Companies Mastery Certificate from the New York Institute of Finance.
Free Preview! Access the first module from Course 1 for free. For full course access, upgrade to a verified certificate.
What you'll learn
- Describe major industry trends and challenges.
- Explain the insurance industry's regulatory environment.
- Describe the operating cycle of an insurance company.
- Compare and contrast statutory and U.S. GAAP accounting.
- Describe the impairment tests for invested assets.
- Differentiate between loss reserves, policy reserves, UPR, and IBNR reserves.
- Identify the components of an insurer's capital and surplus.
- Describe the nature and purpose of reinsurance.
- Identify the key elements of risk transfer in a reinsurance agreement.
- Conduct ratio analysis to assess an insurer's financial condition and results.
- Explain the methodologies used by rating agencies.
- Describe the key components of the NAIC's risk-based capital (RBC) formula.
- Identify the warning signs of an insurer experiencing financial distress.
- Predict how changes in key variables might affect an insurer's financial results.
- Describe how insurance companies manage financial risk.
- Describe the impact of international accounting (IFRS) on the insurance industry.
- Refresh your knowledge of key insurance terms and concepts.
| From | New York Institute of Finance via edX |
|---|---|
| Hours | 11 |
| Instructor | Jack Farmer |
| Language | English |
| Subjects | Business |
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Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile (33rd - 99th).
Insurance Broker 2 $47k
Group Insurance Administrator $51k
Insurance Planning Specialist $52k
Insurance Marketing Representative $55k
Personal Insurance $61k
Companies Editor $67k
Insurance Broker / Marketing $79k
WAREHOUSE/INSURANCE Manager $84k
Senior Editor, Companies $90k
P & C Insurance Sales Manager $95k
Counsel, Chair of Emerging Companies Group $212k
Senior Counsel, Chair of Emerging Companies Group $222k
Courses in this Professional Certificate
Listed in the order in which they should be taken
| Starts | Course Information | |
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On Demand |
Financial Analysis of Insurance Companies Professional Certificate Examination Ready to earn a professional certificate and stand out in your field? If you've gained a clear, comprehensive understanding of the courses, your next step is to complete the... edX | New York Institute of Finance |
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On Demand |
Want to gain a solid understanding of the unique analysis methods needed to assess the financial strength and operating performance of insurance companies in the US and Europe?... edX | New York Institute of Finance |
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On Demand |
Insurance Reserving, Risk Management and Analysis of Key Performance and Financial Indicators In this course, learners will look at how reserving works for P&C, Life and Annuity lines of business. Next, we look at how the capital and surplus for an insurance company is... edX | New York Institute of Finance |
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&
| From | New York Institute of Finance via edX |
|---|---|
| Hours | 11 |
| Instructor | Jack Farmer |
| Language | English |
| Subjects | Business |
Careers
An overview of related careers and their average salaries in the US. Bars indicate income percentile (33rd - 99th).
Insurance Broker 2 $47k
Group Insurance Administrator $51k
Insurance Planning Specialist $52k
Insurance Marketing Representative $55k
Personal Insurance $61k
Companies Editor $67k
Insurance Broker / Marketing $79k
WAREHOUSE/INSURANCE Manager $84k
Senior Editor, Companies $90k
P & C Insurance Sales Manager $95k
Counsel, Chair of Emerging Companies Group $212k
Senior Counsel, Chair of Emerging Companies Group $222k
Similar Courses
Sorted by relevance
