Underwriting in Practice: Pricing, Portfolio Management and Profitability

One full-day

29 April 2027, 09:30-16:30 (UK time)

This interactive insurance training session is designed to build on knowledge and skills within Underwriting, from quoting risks from  submissions, calculating premiums, burn costs and applying orders.  It also includes overview of portfolio management including cycle management and impact of rate reductions.

The workshop focuses upon the practical ways in which underwriters help to mitigate risks and the underwriting measures employed on policies to manage exposure.

Public course booking

Members: £209pp
Non-members: £269pp

To book this workshop for yourself or up to 6 Delegates, please complete the below form:

Corporate (In-house) training

To book this workshop for your company as a corporate (in-house) training session for between 7-16 Delegates, on a date that's convenient for you, please complete the below form to register your interest:

Summary

 Dates: 29 April 2027

Timings: 09:30-16:30 (UK time)

 Duration: One full-day

 No of attendees: Up to 10

Format: Online - virtual delivery

CPD: Recognised

Trainer: Helen Rees

 Price: £209 Members / £269 Non Members

Workshop Overview

During the session delegates will be working through underwriting case study from start to finish, with additional elements and information added as work through.  This includes working through claims scenarios, over exposure and resolving and reviewing potential issues. 

• Submission case study:
  
  • Identify Insurable interest
  • Key questions to ask, identify any missing information
  • Can or should the risk be underwritten
• Overview of different risk placements
  
  • Facultative Open Market
  • Line-slips
  • DUA
• Layers & Orders
  
  • Primary layers & Excess layers
  • Layer worth & calculations
  • Order % and how apply
• Reviewing claims experience to identify trends: 
  
  • Attrition & Large Loss claims
  • CAT Claims
  • Calculating Burn Costs & Averages
  • Resolutions / actions to take from underwriting perspective
• Role of Risk Management:
  
  • Tools to use to asses and manage exposure
  • Role of Surveys
  • Calculating PML’s
• Underwriting the risk:
  
  • Applying base rates / base premiums to submission
  • Case study using submission at start, claims data and risk management to identify factors to risk submission and pricing considerations.
  • Identify policy changes to exclusions, warranties, limits, deductibles.
  • Calculating Mid-term adjustments
• Portfolio Management:
  
  • NCOR calculation and application
  • Role of IBNR, earned and unearned premium
  • Role of inflation on pricing 
  • Tools for Exposure management & reporting
• Cycle Management:
  
  • Soft & Hard Market cycle trends
  • Impact to underwriting
  • Impact to portfolio and individual risks of rate changes
  • Importance of ‘red lines’ to underwriting
• Recap of Reinsurance:
  
  • Why needed and Solvency II
  • Treaty Reinsurance – Proportional and Non-proportional
  • Facultative Reinsurance – Proportional and Non-proportional
  • How responses in different loss examples and manage exposures  
• What happens if all goes wrong?
  
  • Cancellations
  • Mid-term changes and issues these can create
  • Reservation of Rights
  • Late claims notifications

Who should attend?

This session is designed for those with minimum 2 years' experience in an underwriting or broking role or have a attended Introduction to Underwriting.

Corporate Solutions

As part of our commitment to advancing professional standards within the sector, the CII offers a comprehensive suite of training and development solutions. These are designed to provide a structured, collaborative approach to skills enhancement, fully aligned with our internationally recognised Professional Map.  We offer workshops covering exam revision, technical training and business and leadership topics. 

Whether you're looking to upskill employees, support career progression, or drive business success, our bespoke training solutions can elevate and future proof the competencies required across your workforce. 

A full list of courses can be viewed in our Training Catalogue.

Public course booking form

Corporate (In-house) training

Interested in other courses?

For enquiries about this course, please email to: business.enquiries@cii.co.uk

Please note: The price of the workshop is based on British Pound Sterling (GBP). The purchase price will be processed using the relevant international currency conversion rate at the point of sale. Contact us for further information.

CII workshops are sold on a first come first serve basis, and therefore availability may change, depending on the number of bookings received. Once a workshop becomes full, the above date will no longer be available, and new dates will be published.

We reserve the right to postpone the above workshop dates, subject to a minimum number of bookings received. Your booking will only be confirmed, once payment has been processed and you receive a booking confirmation email from the training team.

Can't attend on this date? Register your interest in other training workshops and future dates.

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