IFRS 17 Introduction

The purpose of the course is to give you a basic understanding of the fundamentals underlying the IASB’s International Financial Reporting Standard 17 (the Standard/IFRS 17) with the aim of enabling you to interpret the principal requirements within the context of an insurance company.

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The tools and training material to embrace the IFRS 17 Standard.

Getting started

Key Actuarial & Accounting Concepts

Data Preparation & Modelling

Practical Application

Courses related to IFRS 17

IFRS 17 Introduction: Hands On Training (FR1)

Welcome to the introduction to IFRS 17; hands-on training using practical examples. Course Fee is £150 for 3 months' access.

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What to expect?

We will provide you with a high-level background to the Standard, including the rationale supporting the change the Standard is intended to bring. Important financial items and terminology will be covered, giving an overview of what these items represent and how they can be calculated.

We provide you with examples and hands-on calculations covering the key concepts introduced throughout the course.

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Where do you start?

Select from one of our three training paths, or contact us to provide you with guidance on where to start

Application specific

The basics of data science

Introduction to different Data Science Applications

The Operating model for Data Science (tools, data, processes, people & systems)

General introduction about the specific Data Science Application

Specific Usage Guidelines

Practical tips on making the most of the specific Data Science Application

Best Practice Installation Guidelines

LEARN THE BASICS OF CODING BY REFERENCE TO THE DATA SCIENCE PIPELINE

Problem Specification

Data Sourcing

Data Management

Model Building using Machine Learning & Predictive Analytics where relevant

Data Visualisation

Governance

Communication & Reporting

Deployment

PRACTICAL CASE STUDIES BY REFERENCE TO THE DATA SCIENCE PIPELINE

Understanding lapse experience for a life insurer through the use of actuarial data science

Understanding of mortality experience for a life insurer through the use of actuarial data science

Visualisation of the impact of historic global natural catastrophic events

Interact with other professionals using content Specific Forums

Access to a rich library of resources and further training material, specifically focussed at the actuary.

Access to our team of experts for technical data science tips and techniques

PRACTICAL ASSIGNMENT

Certificate upon Completion

Application specific

The basics of data science

Introduction to different Data Science Applications

The Operating model for Data Science (tools, data, processes, people & systems)

General introduction about the specific Data Science Application

Specific Usage Guidelines

Practical tips on making the most of the specific Data Science Application

Best Practice Installation Guidelines

LEARN THE BASICS OF CODING BY REFERENCE TO THE DATA SCIENCE PIPELINE

Problem Specification

Data Sourcing

Data Management

Model Building using Machine Learning & Predictive Analytics where relevant

Data Visualisation

Governance

Communication & Reporting

Deployment

PRACTICAL CASE STUDIES BY REFERENCE TO THE DATA SCIENCE PIPELINE

Understanding lapse experience for a life insurer through the use of actuarial data science

Understanding of mortality experience for a life insurer through the use of actuarial data science

Visualisation of the impact of historic global natural catastrophic events

Interact with other professionals using content Specific Forums

Access to a rich library of resources and further training material, specifically focussed at the actuary.

Access to our team of experts for technical data science tips and techniques

PRACTICAL ASSIGNMENT

ACCREDITATION

Application specific

The basics of data science

Introduction to different Data Science Applications

The Operating model for Data Science (tools, data, processes, people & systems)

General introduction about the specific Data Science Application

Specific Usage Guidelines

Practical tips on making the most of the specific Data Science Application

Best Practice Installation Guidelines

LEARN THE BASICS OF CODING BY REFERENCE TO THE DATA SCIENCE PIPELINE

Problem Specification

Data Sourcing

Data Management

Model Building using Machine Learning & Predictive Analytics where relevant

Data Visualisation

Governance

Communication & Reporting

Deployment

PRACTICAL CASE STUDIES BY REFERENCE TO THE DATA SCIENCE PIPELINE

Understanding lapse experience for a life insurer through the use of actuarial data science

Understanding of mortality experience for a life insurer through the use of actuarial data science

Visualisation of the impact of historic global natural catastrophic events

Interact with other professionals using content Specific Forums

Access to a rich library of resources and further training material, specifically focussed at the actuary.

Access to our team of experts for technical data science tips and techniques

PRACTICAL ASSIGNMENT

ACCREDITATION

Application specific

The basics of data science

Introduction to different Data Science Applications

The Operating model for Data Science (tools, data, processes, people & systems)

General introduction about the specific Data Science Application

Specific Usage Guidelines

Practical tips on making the most of the specific Data Science Application

Best Practice Installation Guidelines

LEARN THE BASICS OF CODING BY REFERENCE TO THE DATA SCIENCE PIPELINE

Problem Specification

Data Sourcing

Data Management

Model Building using Machine Learning & Predictive Analytics where relevant

Data Visualisation

Governance

Communication & Reporting

Deployment

PRACTICAL CASE STUDIES BY REFERENCE TO THE DATA SCIENCE PIPELINE

Understanding lapse experience for a life insurer through the use of actuarial data science

Understanding of mortality experience for a life insurer through the use of actuarial data science

Visualisation of the impact of historic global natural catastrophic events

Interact with other professionals using content Specific Forums

Access to a rich library of resources and further training material, specifically focussed at the actuary.

Access to our team of experts for technical data science tips and techniques

PRACTICAL ASSIGNMENT

ACCREDITATION

Application specific

The basics of data science

Introduction to different Data Science Applications

The Operating model for Data Science (tools, data, processes, people & systems)

General introduction about the specific Data Science Application

Specific Usage Guidelines

Practical tips on making the most of the specific Data Science Application

Best Practice Installation Guidelines

LEARN THE BASICS OF CODING BY REFERENCE TO THE DATA SCIENCE PIPELINE

Problem Specification

Data Sourcing

Data Management

Model Building using Machine Learning & Predictive Analytics where relevant

Data Visualisation

Governance

Communication & Reporting

Deployment

PRACTICAL CASE STUDIES BY REFERENCE TO THE DATA SCIENCE PIPELINE

Understanding lapse experience for a life insurer through the use of actuarial data science

Understanding of mortality experience for a life insurer through the use of actuarial data science

Visualisation of the impact of historic global natural catastrophic events

Interact with other professionals using content Specific Forums

Access to a rich library of resources and further training material, specifically focussed at the actuary.

Access to our team of experts for technical data science tips and techniques

PRACTICAL ASSIGNMENT

ACCREDITATION

Course Overview

Select from one of our training paths, or contact us to provide you with guidance on where to start

Case studies and Assignments relevant to actuarial work, based on relevant datasets provided

Training Platform designed by actuaries for actuaries

Learn in your own time

Web based interface supporting multiple languages-no need to install software

Track your progress

Option to interact and network with peers

An overview of what IFRS 17 is

The background to the Standard

Important Concepts

IFRS 17 Measurement Models

An overview of data required in the application of the Standard

Initial Considerations when setting actuarial assumptions

Determining discount rates

Risk adjustment values

An overview of IFRS 17 calculations

Setting up the balance sheet

Disclosures to the statements

Statement of profit or loss

Performing initial recognition

Determining fulfilment cash flows

Performing reconciliations of company financials

Setting up the balance sheet

Disclosures to the statements

Statement of profit or loss

Enrol Today

Short note to say really enjoyed today’s webinar. It had a very clear message. […] fully in agreement with the comments that it is imperative we maintain our professional and ethical stance at all times if we want to continue to be trusted and relied on.

Webinars

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Short note to say really enjoyed today’s webinar. It had a very clear message. […] fully in agreement with the comments that it is imperative we maintain our professional and ethical stance at all times if we want to continue to be trusted and relied on.

Webinars

I just wanted to say what an interesting presentation that was. Thank you so much for taking the time to put this on for us, it is very much appreciated by all – especially the flexibility around hosting as a webinar instead of the original [in-person] format. It worked very well indeed!

Webinars

I think I’m [one of the first actuaries in my area] who are pointing towards Data Science, creating the new [role] of Actuarial data Scientist. For this reason i [sic] decided to follow a post graduate master in Business Intelligence and Big data analytics. I'm actively following your company and i [sic] think it is one of the best Actuarial consulting company [sic] who [sic] is pointing towards data Science!

Webinars

I love your videos - being free and accessible really helped me. The Q&A session was fantastic! It always comes down to execution and I feel this should always accompany your presentations - answering the question of how will your participants use what you give them. Keep up the great work!

Round Table

Thank you for having me along. I really found it the most motivating conversation I’ve had in a while, and made me think about what I’m trying to achieve within this area. We all need evenings like that to get some perspective on what we *think* is going on and what actually is. It was a very good evening.

Round Table

It was a really good introduction to Data Science and afterwards I felt that I now have a platform that I could use to further my understanding in this area.

Webinars

I am really happy to have been part of the talk. It was very insightful and please keep doing more of this. I am a data science student currently but I have an actuarial background. I worked in life insurance for about 5 months before resigning to do my masters in Data science so that I blend the actuarial world and Data science together. The talk gave me perspective. Even suggested some potential topics for my Thesis.

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Advanced Data Science Training

 For those more experienced in Data Science looking to develop their learning on topics such as, risk, ethics, conduct and fairness,

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