Business/Department level matters

Customer
Knowledge

Market
Knowledge

Distribution
Channel

Marketing/Sales

Insurance Catalogue

Reacfin Academy trains your staff, brokers, external distribution
channels and clients at :

Better modelling your customer behavior
Developing benchmarking practics to analyse your competitors’ offer and pricing
Assessing the quality of your distribution channel

Recent training modules:

Modelling lapses and surrender rates in life insurance
Competition analysis in non-life insurance
Developing a broker efficiency model

Product
Development

Risk Selection

Pricing

Underwriting

Insurance Catalogue

Reacfin Academy trains your staff on underwriting practices:

Design and develop new products
Better price your insurance contracts
Adequatly classify and select your risks
Follow the profitability of your products

Recent training modules:

Modelling lapses and surrender rates in life insurance
Competition analysis in non-life insurance
Developing a broker efficiency model

Claims
Assessment

Provisioning

Liabilities
Modeling

Claims Management

Insurance Catalogue

Reacfin Academy trains your staff on claims management practices:

Adequatly assess your claims in function of their characteristics
Develop reliable provisioning practices
Model your liabilites’ characteristics
Take into account the impact of reinsurance treaties

Recent training modules:

Computing Mathematical Reserves and Surrender Values for Life Insurance
Loss reserving techniques in Non-Life Insurance (available for triangle, multi-triangles and individual provisioning methods)
The different kind of reserves in Health and Workers Compensation Insurance
Introduction to insurance cash flow modelling in Life Insurance
Modelling future claims in non-life insurance
Multi-State Model for Health Insurance modelling
Extreme value theory application to modelling of large claims

Valuation

Asset
Management

Accounting

Performance
indicators

Finance

Insurance Catalogue

Reacfin Academy trains your staff on finance:

Accounting and financial mathematics
Asset valuation and asset management
Liabilities valuation
Development and monitoring and performance indicators

Recent training modules:

Introduction to accounting and valuation frameworks (BE GAAP, IFRS 9/17, Solvency 2)
Introduction to financial mathematics and financial instruments
Valuation and Risk Management for Residential Mortgages
Loan book management practices for Insurance companies
Introduction to the Embedded Value of a Life Insurance portfolio
Best Estimate of liabilities in Life, Non-Life and Health Insurance
Direct Real-Estate : Valuation and Risk Management models
Stochastic models for Interest Rates and Credit Spreads

Economic
Scenario
Generator

ALM
optimisation

Asset
Allocation

Performance
indicators

Assets & Liabilities Management

Insurance Catalogue

Reacfin Academy trains your staff on ALM:

Development of Economic Scenario Generators (ESGs)
Simulation of evolution of assets and liabilitie (cash-flows and values)
Optimisation of asset allocation and product mix strategies

Recent training modules:

General overview of ALM techniques and market practices
Deterministic and Stochastic ALM models
Impact of Solvency II for ALM
ALM Techniques: Managing the Embedded Value in Life
Institutional Investor Portfolio Risk & Performance diagnostic
Stochastic Simulation and Economic Scenario Generators
Stategic Asset Allocation & Tactical Asset Allocation Assessment

Capital
Management

Governance

Risk
Mitigation

Risk
Monitoring

Regulation

Risk Management

Insurance Catalogue

Reacfin Academy trains your staff on risk management practices:

Assess and manage your capital requirements
Understand the governance principles
Improve risk mitigation
Adequatly monitor and report your risks
Continuously follow the evolution of regulation

Recent training modules:

Solvency 2 standard formula: from explanation to calculation
Introduction to risk management at insurance companies : governance, policies & limits settings
Introduction to market risk management
Introduction to Reinsurance
Introduction to securitization in Europe and the US
Designing and developing efficient reporting dashboards
Introduction to Derivatives Overlays: hedging and valuation