| COURSE : CERTIFIED INSURANCE RISK MANAGEMENT PROFESSIONAL | |
|---|---|
| Course Overview | For internal employees who want to understand and expand their roles related to financial reporting, as well as those who simply need a refresher on financial accounting, this course is the ideal way to get up to speed. By exploring concepts that go beyond basic accounting, this course will enable participants to approach financial auditing with renewed confidence. The programme will walk participants through an analysis of an organization’s financial statements using case study exercises, where participants will calculate key ratios and analyze trends over time. Engaging in discussions on both historic and current fraud cases, participants will learn how to recognize “red flags” in financial statement reporting. |
| Training Duration | Total Training Hours : 30 Hours Training Duration : 1 Week Total Training Days : 5 Working Days |
| Training Schedules | Weekdays (Sunday to Thursday) Regular Sessions : 6 Hrs Per day (9am to 2pm or 3.00pm to 9.00 pm) Food & refreshments Included WeekEnds (Friday & Saturday) Fast Track Sessions: 8 Hours per day (9am to 5pm) Food & refreshments Included |
| Certifications: | 1) Certificate from Laurels Training Institute, Attested by Knowledge & Human Development Authority (KHDA) government of Dubai, UAE OPTIONAL 2) Certificate from American Institute of Professional Studies (AIPS) from USA (After 15 Days of course Completion which will couriered to the attendees office address) |
| Tests | Yes |
| Learning Aids | Yes |
| Course Material | Hard & Soft Copies of Study Material |
| Language of Instruction | English |
| Instructor Helpline | Yes 1. Email 2. Social Media (For Emergency requirements) |
| Registration Requirements | 1. Passport Copy 2. Curriculum Vitae 3. Passport size photographs 4. Course Fee |
| Mode of Payment: | Cash / Cheque / Credit Card / Bank Transfer. |
| Eligibility Criteria (Who should attend this training) | - Risk Managers - Internal Auditors - Accountants - Insurance Course is designed for general insurance employees who lead a claims or underwriting team, handle complex claims, underwrite complex risks, initiate and respond to legal action in relation to claims, survey risk exposure, implement claims recovery and review portfolio performance |
| Course Benefits | Explain the general principles of managing liability claims Evaluate non–routine liability claims Participate in negotiations Resolve claims disputes Finalise claims settlements Review claims performance.
Analyse liability risks Determine a policy wording for liability risks Underwrite liability risks Provide a quotation Negotiate with brokers Review and interpret portfolio performance.
Explain the general principles and issues related to personal lines claims management Process claims settlements and finalise claims, both routine and non–routine Analyse and assess non-routine claims Resolve claims disputes Participate in negotiations Review claims settlements policies and procedures |
| Course Contents / Outline | Liability Claims Management Liability Underwriting Management Personal Lines Claims Management Personal Lines Underwriting Management Commercial Lines Claims Management Commercial Lines Underwriting Management Marine Claims Management Marine Underwriting Management Reinsurance |