The outcomes are to have knowledege and practice on:
- various aspects of modelling in modern insurance: insurance liabilities; asset-liability management; securitization, hedging, and investment strategies.
- models in life insurance and their roles in decision making;
- life insurance mathematics; choice, calibration, and evaluation of models;
- documentation and quality checks of data;
- new insurance regulations and accounting rules;
- cash flow projection models; economic scenario generators;
- model uncertainty and model risk; model-based decision-making at line management level; models and behaviour of stakeholders.