Who Attends

• Senior and middle-managers in non-financial business areas
• Leaders in operations, IT, marketing, HR, distribution, products
• Top leaders who need stronger financial acumen to achieve next level

Highlights

As a senior leader, you strive to make effective decisions that add value and advance your company goals. It's critical you have a clear picture of how your company makes money and where you and your team can add value. The unique elements of a life insurer’s financial operations and strategy make them difficult to understand, even for successful leaders.

Strengthen your financial acumen with Finance for Insurance Leaders, a two-day program that clarifies industry-specific financial concepts and helps you apply them in your role. ​

Outline of Program Topics:

• How Do Companies Make Money?
  • Essential Financial Statements (GAAP)
  • Capital Expenditures & Depreciation
  • Capital Investment & Analysis (Payback method, NPV method, IRR)
  • Time Value of Money & Net Present Value
• How Does an Insurance Company Make Money?
  • Profitability: Investment Income & Operating Profit
  • Operations of an Insurance Company
    • 5 Basic Functions
    • 3 Pricing Factors
    • Reinsurance
  • Components of Insurance Company Balance Sheet
  • Ratio Analysis
  • General Key Indicators
• GAAP / STAT Differences
  • Statutory Financial Statements
  • Premiums Earned
  • Commissions/Acquisition Costs
  • Claims
  • Investments
  • Interest Maintenance Reserve (IMR) & Asset Valuation Reserve (AVR)
• Rating Agencies
• General Key Indicators for Insurance Companies
• Building Value & Driving Profitability
• How Can You Add Value?

Session Details 

Progam schedule is 8:30 a.m. - 4:30 p.m. each day. 

Class size is limited, register early.