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Role of the Actuary in Insurance Company (for Non-Actuaries) Certification Course

Enhance your understanding of the role of the actuary in an insurance company. Discover the various tasks and responsibilities actuaries perform in this comprehensive course for non-actuaries.

Live Online: 2 Days (May 16- 17, 2026) - Total 12 hours - 6 hours/day Live Online Self Paced In Person Role of the Actuary in Insurance Company (for Non-Actuaries) Certification
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Overview

This two-day course is designed to help non-actuarial professionals understand the role of actuaries in a modern insurance company and how to collaborate effectively with them. It explores how functions such as underwriting, claims, finance, and reinsurance can benefit from actuarial insights and support actuarial processes.

The program covers key actuarial areas including capital modelling, planning, pricing, and reserving, while highlighting their impact on business decisions. Through practical examples, exercises, and group activities, participants will gain valuable insights and improve their ability to work alongside actuaries. Enroll now to enhance your knowledge and professional effectiveness in the insurance sector.

Course Outline

  1.  What makes insurance unique? 
  2.  How actuaries differ from other insurance professionals 
  3.  Evolution of the actuary’s role in Property and Casualty insurance 
  4.  Overview of actuarial functions within an insurance company 
  1.  Understanding insurance regulation: Risk-Based Capital and Solvency II 
  2.  Relationship between risk, reward, and capital 
  3.  Impact on underwriting strategies and targets 
  4.  Building a business plan from first principles 
  1.  The actuary’s role in supporting underwriting decisions 
  2.  Exposure-based vs experience-based pricing models 
  3.  Actuarial reserving techniques: IBNR and IBNER claims 
  4.  Benchmarks and best practices in pricing and reserving 
  1.  Supporting general management and strategic decisions 
  2.  Collaboration with underwriting, finance, claims, and reinsurance teams 
  3.  External responsibilities and regulatory interactions 
  4.  The actuary as part of a broader organizational team

Who Should Attend

Anyone, with a non-actuarial role within an insurer will benefit from this programme. It is particularly suited to underwriters at all levels, claims adjusters, finance professionals and technical managers. It will also be of benefit to trainee actuaries. As well as providing an appreciation of the role of the Actuary, and his or her interactions with other functions, it should also significantly improve your overall understanding of the insurance process.

Benefits

  1. Gain a structured and practical understanding of how actuarial functions operate within an insurance company, including pricing, reserving, risk assessment, capital modelling, and financial reporting, enabling non-actuaries to interpret and apply actuarial insights in real business scenarios 
  2.  Learn how actuarial analysis influences product design, regulatory compliance, solvency management, and performance measurement, improving your ability to collaborate effectively with actuarial teams and integrate actuarial considerations into broader business and risk decisions 
  3.  Enhance professional credibility, cross-functional value, and career growth with in-demand knowledge applicable to roles in underwriting, risk management, finance, product development, and strategy across insurance, reinsurance, and financial institutions 
  4.  Unlock competitive salary opportunities ranging from $60,000 to $95,000 annually, with senior or specialist roles such as Risk Analyst, Product Strategy Lead, and Actuarial Liaison exceeding $100,000+, increasing long-term earning potential 
  5.  Validate your expertise with a recognized certification and practical training, positioning yourself for stronger collaboration, improved decision-making, and broader career opportunities across the insurance value chain

About Trainer

    An actuarial expert providing advisory services to reinsurance and insurance companies in the area of Financial Solutions, mainly focused on Solvency II and IFRS 17. Besides working on the actuarial models, he is supporting few major reinsurance companies on the specific impact of the IFRS 17 and potential measures mitigating adverse effects.

Learning Outcomes

  1. A more comprehensive understanding of the skill-set of an Actuary.
  2. Identification of the insurance issues where Actuaries can help.
  3. Improved communications with actuaries.
  4. Understanding of key actuarial techniques.
  5. A fundamental knowledge of Risk-based Capital and Solvency II.
  6. A better-informed understanding of the financial dynamics of insurance.

Student Reviews

"“This course made actuarial concepts easy to understand and highly relevant to my role. It improved my ability to work closely with actuarial teams.” "

E
Ethan Clarke,
Underwriting Analyst,, SilverLine Insurance Group, UK

"A very insightful program that bridges the gap between technical actuarial work and business decision-making. Highly recommended for non-actuaries"

M
Mei Ling Tan,
Product Development Executive, , Pacific Shield Insurance, Singapore

"The training gave me a clear understanding of pricing and reserving concepts. I can now contribute more effectively to strategic discussions."

C
Carlos Mendes,
Risk Analyst, , Iberia Re Solutions, Portugal

"Excellent course structure and practical examples. It helped me understand how actuarial insights impact financial and risk decisions.”"

F
Fatima Noor,
Finance Manager, , Crescent Takaful, UAE

Frequently Asked Questions

Group discounts are available to groups of more than three candidates. You can get up to 20% discount depending on the number of participants.

Our courses are designed to provide high quality learning and outcomes that exceed expectations. If for some reason your expectations are not met. You will be given a refund in accordance with our 100% satisfaction policy.

Yes, you will be able to pay the course fees in instalments. Reach out to [email protected] to see the options available to you.

Yes, if you notify at least 24 hours in advance before the 1st class of the training and there is an availability in a different batch then you will be able to switch your start date.

No, the certification is valid indefinitely, demonstrating knowledge about actuarial role in an insurance company.

All the participants will be added to WhatsApp/SMS group and email thread. You can clarify doubts at any time via WhatsApp, SMS or email.

We offer live online sessions, self-paced modules and in-person workshops.

You will get 2 attempts to pass the test.

Sure, you can watch the recordings of the sessions you cannot attend and get back to us if you have any doubts to clear.

Yes, we provide mentorship, doubt resolution, and guidance for assessment preparation.

Yes, there will be an assessment of 20 questions based on the training topics at the end of the course, you will have to score 75% to pass.

You will receive meeting login for Zoom live classes and training materials.

The assessment tests practical understanding of actuarial roles in insurance companies. With active participation, most participants pass on the first attempt.

The digital certificate is issued immediately upon passing the assessment.

Yes. The online training is accessible worldwide.

Live Class Schedules

Self Paced Learning

Access: Online, anytime
Certificate on completion
Minimum 5 participants required — email us at info@graspskill.com

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Corporate in-house programs or open events — write to us at info@graspskill.com

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Upcoming Schedules

Date Time Duration Mode Price Action
09:00 - 15:00 Kolkata (UTC+5:30) 2 Days (May 16- 17, 2026) - Total 12 hours - 6 hours/day Live Online $1,199.00 $760.00

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