Short-Term Insurance Actuary

2 sequenced courses

GH 101
Benefits and Pricing ▼
  • Plan & Product Provisions: Understand how to describe plan provisions typically offered under short-duration contracts (medical, dental, vision, prescription drug, group life).
  • Manual Rates: Calculate and recommend a manual rate for each of the contracts described in Learning Objective 1.
  • Underwriting & Funding: Apply principles of pricing, risk assessment, and funding to an underwriting situation.
  • Employee Benefits: Evaluate and recommend an employee benefit strategy.
  • View course page to access the syllabus and see the enhancements.
GH 201-U
Valuation and Regulation, U.S. ▼
  • Reserving: Apply valuation principles for short duration group and health insurance contracts.
  • Financial Statements: How to prepare and interpret insurance company financial statements in accordance with Statutory Accounting Standards and GAAP.
  • Regulation: Evaluate the impact of regulation on insurance companies and plan sponsors in the U.S.
  • Government Programs: Describe government programs providing health benefits in the U.S.
  • Flow of Funds: Describe the flow of funds in the health care system and the role of providers in the system.
  • View course page to access the syllabus and see the enhancements.
or
GH 201-C
Valuation and Regulation, Canada ▼
  • Reserving: Apply valuation principles for group and health insurance contracts.
  • Financial Statements: Prepare and interpret insurance company financial statements in accordance with IFRS.
  • Regulation & Taxation: Evaluate the impact of regulation and taxation on insurance companies and plan sponsors in Canada.
  • Government Programs: Describe and evaluate government programs providing health and disability benefits in Canada.
  • View course page to access the syllabus and see the enhancements.

2 additional courses

GI 101
Ratemaking and Reserving ▼
  • Understand key considerations and key concepts underlying general insurance actuarial work.
  • Demonstrate the ability to prepare claims and exposure data for general insurance actuarial work.
  • Know how to calculate and evaluate projected ultimate values.
  • Understand financial reporting of claim liabilities with respect to unpaid unallocated loss adjustment expenses.
  • Understand trending procedures as applied to ultimate claims, exposures and premiums.
  • Apply the fundamental ratemaking techniques of general insurance.
  • Define an approach for actuarial analyses supporting financial reporting and ratemaking analyses under various real-life scenarios.
  • View course page to access the syllabus and see the enhancements.
Any Course