Own Risk and Solvency Assessment (ORSA) Certification Training

This course equips participants with the practical knowledge, tools, and frameworks needed to implement a structured Own Risk & Solvency Assessment process within an insurance or financial services organization. The course focuses on real-world application, guiding learners through the fundamental components of ORSA, common challenges (such as stress and scenario testing), and compliance expectations using real case examples. Training is designed to be customizable to your company’s specific ORSA requirements with expert mentorship throughout.

1. A basic understanding of insurance functions, risk management or capital requirements.
2. Familiarity with enterprise risk management (ERM) concepts or willingness to learn foundational risk principles.
3. Experience in financial services, insurance operations, actuarial, compliance, audit or risk-related roles (helpful but not mandatory).
4. No formal qualifications are required, but familiarity with risk terminology and financial reporting concepts will help maximise learning outcomes.

1. Risk Managers and ERM Practitioners
2. Actuarial Analysts and Insurance Professionals
3. Compliance, Internal Audit and Regulatory Reporting Staff
4. Senior Management, Board Members and Executives involved in risk and capital processes
5. Consultants supporting ORSA preparation and regulatory submissions
6. Professionals seeking certification in ORSA best practices and implementation

The assessment consists of 20 multiple-choice questions covering all course modules, with a minimum requirement of 15 correct answers to pass; participants are allowed two attempts to achieve the passing score, and upon successful completion, a Graspskill Certification will be awarded. 

1. Gain practical skills to design, implement, and manage ORSA frameworks that support regulatory compliance and strategic decision-making while integrating enterprise risk management with solvency and capital planning, conducting forward-looking risk assessments, stress testing, and sensitivity analysis, and documenting ORSA reports aligned with supervisory requirements 
2.  Develop the ability to assess the full risk profile of an organization, align risk appetite with capital resources, and embed a continuous ORSA process into governance and risk culture using real-world tools and methodologies to enhance resilience and compliance 
3.  Enhance professional credibility, employability, and career growth with in-demand expertise across insurance, reinsurance, consulting, and regulatory sectors, preparing for roles such as Enterprise Risk Manager, ORSA Specialist, Actuarial Analyst, and Solvency and Capital Strategist 
4.  Unlock competitive salary opportunities ranging from $90,000 to $140,000 annually, with senior and strategic roles exceeding $160,000+, increasing long-term earning potential and advancement 
5.  Validate your expertise with a recognized certification and practical training, positioning yourself for influential roles in risk governance, capital optimization, and strategic planning while contributing to stronger organizational resilience and financial stability

He is a seasoned enterprise risk management professional with extensive practical experience in guiding ORSA projects and submissions within the insurance and financial services industry. He brings real‑world expertise in structured ORSA implementation, stress and scenario testing and ensuring compliance with regulatory expectations through hands‑on examples tailored to participants’ own business requirements. His training emphasizes practical application over theory, helping learners avoid common pitfalls and understand the critical components and value drivers of a comprehensive ORSA submission. Passionate about strengthening risk competence, he equips participants with the tools and confidence to lead ORSA processes effectively and with clarity.

By the end of this course, you will be able to:

1. Understand the purpose, structure, and business value of an ORSA process.
2. Explain the core components and essential inputs required for a comprehensive ORSA.
3. Identify and avoid common mistakes in ORSA preparation.
4. Effectively integrate stress tests and scenario analyses to support risk-based decision-making.
5. Prepare for board review and regulatory expectations linked to ORSA submissions.
6. Apply structured, organisation-specific practices to enhance risk-solvency alignment.