Insurtech Actuary (life)

2 sequenced courses

CFE 101
Enterprise Risk Management
  • The candidate will understand the fundamentals of ERM and be able to apply them considering both the internal and external environments.
  • The candidate will understand the types of risks faced by an entity and be able to identify and analyze these risks.
  • The candidate will understand how to embed ERM into decision-making for an organization.
CFE 201
Corporate Finance
  • The candidate will understand how an organization optimizes its corporate finance decisions based on its business objectives.
  • The candidate will understand how to gauge an organization’s performance through an evaluation of its financial reports.
  • The candidate will understand how managerial accounting and operational processes impact an organization’s performance evaluation and decision making.
  • The candidate will understand the application of evolving quantitative methods and technologies that help to manage the business.

2 additional courses

ILA 101
Pricing and Introduction to Valuation and Risk Management
  • Individual Life and Annuity Product Design and Pricing: The candidate will understand the designs of the common Life and Annuity products and their associated features and inherent risks, and the methods to design and price these products.
  • Assumption Development and Experience Studies: The candidate will understand different types of actuarial assumptions and how experience studies are designed and used for evaluating past experience and for setting assumptions.
  • Product Management: The candidate will understand common issues and practices related to Product Management.
  • Introduction to Life and Annuity Valuation Concepts: The candidate will understand common valuation and capital techniques used in US, Canadian, and international regulatory frameworks.
  • Introduction to Assets and Managing Risk: The candidate will understand various techniques for addressing the mitigation of risk within a life insurance and annuity context.
CP 341
Advanced Life Reinsurance
  • Assumes knowledge from ILA 101
  • Types of Reinsurance Arrangements and Methods: The candidate will understand different types of traditional and advanced reinsurance transactions for life insurance.
  • Transferring Risk: The candidate will understand the fundamentals of risk transfer between two counterparties.
  • Key Accounting and Regulatory Considerations: The candidate will understand regulatory frameworks for reinsurance transactions across US, Canadian, and global jurisdictions.