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Chartered Insurance Institute
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Statistics for underwriters and insurance managers - two day course
 

Overview

This course focuses on the practical use of statistics to aid everyday insurance decisions such as policy and deductible pricing, experience credits and general rate-making. This is not a course for those seeking a theoretical education in statistics, as heavy theory is avoided and the emphasis, instead, is on realistic insurance case studies.

Programme

  • Introduction to probability and statistics 
  • Claims frequency and severity distributions 
  • Drawing inferences from insurance data.

Learning outcomes

  • Gain a practical understanding of statistics as they are applied in insurance 
  • Acquire a deeper insight into insurance by gaining new perspectives on old issues 
  • Understand deductible-rating, reinsurance pricing and experience credits 
  • Increase confidence in communications with specialist actuaries and statisticians 
  • Develop scientific decision-making skills 
  • Acquire the ability to collate evidence to support underwriting and portfolio decisions 
  • Obtain many of the skills required to manage an insurance portfolio.

Who should attend?

Anyone wishing to extend their knowledge of statistics.

CPD hours

Attendance of this course awards up to 12 CPD hours where you consider it relevant to your professional development needs.

Book online

Sold out!

Scheduled dates for this course have now sold out, please keep checking the website for updates to availability. Dates are added subject to demand and can also be run in-house for corporate clients.