What are the risks facing an insurer? How to assess those risks and how does the board deals with them? How does behavioural economics and sustainability influence an insurer's strategy? And what are actuarial aspects for an insurer?
Do you want to know how an insurer really works? Learn the ins and outs of the business operations of an insurer and become a better partner in management conversations.
This lecture series is developed by the Dutch Association of Insurers and the Executive Master Insurance & Risk of the University of Amsterdam.
This program is intended for managers, policymakers, loss adjusters, (future) risk managers, product or communication specialists, marketeers, (internal) auditors, management support staff or for anyone who would like to better understand how an insurer works. And for those who would like to be a better discussion partner for colleagues, senior management or the board.
Note: Some practical experience in the insurance industry is recommended. Not sure whether this program is for you? Please feel free to contact us.
After this lecture series you will…
The insights will support you to reach superior understanding of the wider setting of your workplace within the insurance firm. This will better you as a discussion partner for colleagues, senior management or the board.
The lectures are practical in nature, in non-technical language and uses inspiring and relevant practical examples and assignments.
The first two lectures address the financial risks an insurer is facing, looking at the assessments and decisions balance sheet and risk management. What are the requirements for capital management and what role does Solvency II play? What policy decisions do insurers make? How do external circumstances influence these decisions? And how can these decisions be improved based on theoretical insights?
Learning objectives day 1
Learning objectives day 2
During these lectures we will take a closer look at behavioural economics and sustainability. And the impact on insurers.
The topic behavioural economics provides an overview of economic theories and empirical findings that are relevant to an individual’s decision made under uncertainty. The focus is on insurance related and financial decisions.
When it comes to sustainability, we address the role of insurers in this field: what can insurers do? What new risks do insurers face as a result of climate change and ESG? We will discuss a number of insurance products and the related problems.
Learning objectives day 3
Learning objectives day 4
During the last two lectures, we will address important actuarial aspects for insurers. You will learn more about the different ways in which insurance premiums are determined. We will continue with the concept of risk and how we can determine it quantitatively. What are common quantitative models and what are their advantages and disadvantages? We will discuss and explain a wide range of actuarial terms and methodologies.
Learning objectives day 5
Learning objectives day 6
René Doff is Chief Risk Officer of UK P&I Club N.V. He has many years of experience as a risk manager in the banking, insurance and pension industries. He was one of the founders of Solvency II in the Netherlands and Europe. René publishes regularly, both academically and practice-oriented. His books are considered standard works in the risk management domain. He is a senior lecturer in risk management at the University of Amsterdam.
For employees working for a member of the Dutch Association of Insurers, the participation costs are:
Online € 1,700 (excl. 0% VAT)
For other interested parties, the costs are:
Online € 1,980 (excl. 0% VAT)
Please register with your personal work/business email address. This allows us to assess the costs associated with your participation.
There are currently no lecture series scheduled. If you would like to participate, please register for the waiting list. The dates will be scheduled based on the number of registrations. Once we have enough participants, you will receive a notification from us with the dates for the lecture series.
After completing the entire lecture series, you will receive an official certificate from the University of Amsterdam. For this, we would like to receive your date of birth upon registration.
If participants in the lecture series register immediately after the end of the lecture series, they will receive a € 150 discount on a module of the Executive MSc in Insurance and Risk.
