Professional Development for Solvency II preparations

With around 100 modules, EMB offers the widest range of courses for the non-life insurance market.
The programmes cover all levels of experience and seniority, and whilst written with an actuarial bias, cover all types of practitioner - from underwriters and claims handlers through to risk managers and reinsurance experts.  From awareness-raising through to practical application and software training, our courses can help your organisation fulfil its responsibilities and realise its potential.

At EMB we understand that to ensure the most efficient use of your time and money, you need education programmes that are relevant, holistic and balanced. Our courses encapsulate real-world experience and are delivered by market practitioners, so we accurately reflect the marketplace as it is today, not as portrayed in the text books of yesterday.

Courses we offer that are relevant to Solvency II, risk management and financial modelling are detailed below:

Board Training – preparing for Solvency II
This course deals specifically with Solvency II and the oversight of risk by company Boards. Each course is run by an EMB partner or director and can be tailored to the needs of the business, including pitching it at different levels of technical understanding and experience. A number of companies have already put their senior directors, executives and non-executive directors through this course. The course is intended to be highly interactive and caters for a range of Board and senior management profiles. For further information on Board training, click here. The course aims are to:

	Raise awareness within the Board of the types of risk to which their business is exposed
	Provide an understanding of the regulatory, legislative and other drivers of risk management
	Provide a practical understanding of the Board’s role in ensuring the risks are managed effectively
	Explain how the Board can assess the performance of their business in relation to the principles of good risk management practice
	Provide an understanding of the use of a Solvency II internal model in strategic decision-making, the key principles and how to use it effectively.

Risk & Capital Management
Examines risk management, capital, solvency and the Risk Management and Financial Model. Details the construction of the model from both theoretical and practical perspectives, as well as the considerations in capital setting and allocation. Particular emphasis is given to interpreting results, communicating with key stakeholders, and embedding the model within the business. Courses include:

	Risk Management
	Capital and Solvency
	Demystifying the Risk Management and Financial Model
	Reserving Risk in Practice
	Underwriting Risk in Practice
	Market and Other Risks
	Operational Risk
	Dependencies
	Designing a Risk Management and Financial Model
	Data Specification
	Constructing a Risk Management and Financial Model
	Parameterisation
	Capital Setting and Allocation
	Embedding the Risk Management and Financial Model
	Asking the Right Questions
	Communicating and Interpreting the Results

Financial Modelling and EMB Igloo software
Our industry leading financial modelling software enables you to model risk effectively and plan under various scenarios in order to ensure best decisions are made. EMB Igloo is known for its power, flexibility and transparency and comes with an extensive library of components. This includes economic scenario generation, claims generation, reserving, reinsurance, financial reporting and capital calculations. Courses include:

	Fundamentals of EMB Igloo
	Implementation of Reserving Risk
	Implementation of Underwriting Risk
	Implementation of Reinsurance
	Programmes
	Implementation of Market Risk
	Implementation of ESGs
	Implementation of Reinsurance
	Optimisation
	Implementation of Dependencies
	Implementation of the Risk Management and Financial Model
	Implementation of Capital
	Setting & Allocation
	Implementation of Experience & Exposure Rating
	An Overview for Senior Staff

Legal & Regulatory Awareness
Explores the key organisations, legislation and regulation governing the environment in which the business operates, as well as the internal processes within the business. explores the key organisations, legislation and regulation governing the environment in which the business operates, as well as the internal processes within the business. Courses include: 

	Key Organisations
	Demystifying Legislation
	Demystifying Regulation
	Demystifying Financial Reporting
	Internal Policies

To register interest or for further information on professional development, please register here and we will be in touch shortly.

To download a brochure, click here