Course Modules

Module 1: Introduction to Life Assurance Portfolio Management

• Fundamentals of life assurance products

• Portfolio composition, segmentation, and risk profiles

• Roles and responsibilities in portfolio management

• Key success factors in life assurance business

• Case study: Lifecycle of a life assurance portfolio

Module 2: Underwriting Principles, Risk Classification and Pricing

• Underwriting guidelines and risk factors

• Mortality, longevity and demographic analysis

• Premium pricing methodologies and actuarial considerations

• Underwriting automation and digital assessment

• Exercise: Develop a basic risk classification matrix

Module 3: Portfolio Analysis, Performance Monitoring and Reporting

• Key portfolio performance metrics and benchmarks

• Claims experience evaluation and loss ratio trends

• Persistency and lapse rate analysis

• Preparing portfolio risk dashboards and reports

• Activity: Analyze sample life assurance data sets

Module 4: Investment Strategy and Asset-Liability Management (ALM)

• Overview of insurance investments and asset classes

• Principles of ALM for life assurance

• Matching liabilities with long-term investment decisions

• Regulatory capital requirements and solvency considerations

• Simulation: Select investment options for a sample life portfolio

Module 5: Regulatory Compliance, Governance and Customer Lifecycle Management

• Insurance regulatory frameworks and reporting obligations

• Treating customers fairly and ethical portfolio practices

• Customer acquisition, retention, and value management

• Product review, innovation and portfolio diversification

• Role play: Managing client queries on portfolio performance