Specialization MINI-MBA in Analysis and Life Insurance Management

General objective:

Transmit to forming an information base and broad enough knowledge and at the same time, specific to enable it to the deepening and extension in various areas of knowledge concerning the management and risk analysis in Life insurance.
This course's main objectives are to provide and update competencies to who materializes, improve their theoretical and practical training enhancing its capacity as a professional in management activities that allow you to define and make decisions based on quantification techniques economic value, implementing strategies, objectives and tactics able to provide better risk management.

Specific objectives:

• Know the general theory of insurance: The insurance contract, rights, risks covered and exclusions;
• Know the details of the insurance with a focus on life insurance: technical basis, premiums, taxation and legislation and Bancassurance;
• Knowing the risk management in life insurance: Rates, provisions, solvency and reinsurance;
• Knowing how to handle the insurance business, management and market criteria in the life insurance: The returns on life insurance, supervision of the insurance activity, access to activity;
• Master the practical aspects of insurance: pre contractual information, proposals, the medical questionnaire, the insurance policy, claims, procedures for receipt of capital and income.

CONTENTS

Module 0 – Opening

• Presentation of trainers and trainees;
• Presentation of the objectives and training program operating methodologies.

Module I – History and General Insurance Theory

• Home insurance; The Insurance Contract;
• Formal and personal aspects of the contract;
• Under the Contract;
• Rights on the policy;
• Capital and Income Secure;
• Covered risks and exclusions;
• Insurance rating.

Module II – Types of insurance and technical bases

• Types of life insurance;
• Notions of probability, interest rates, charges;
• Risk premium;
• About premiums and surcharges;
• Group insurance;
• Benefits, deductions and tax penalties;
• Legislation.

Module III – The risk management in life insurance

• Tariff principles;
• Provisions, its characterization;
• Solvency;
• Marketing and management in insurance;
• Strategy in the insurance business.

Module IV – The Insurance activity, Rules and Market

• Insurers in Portugal;
• Key EU policies;
• Access to insurance activity;
• Supervision of insurance activity;
• Brief financial and economic analysis to the insurance activity.

Module V – Practical processes of life insurance

• Information and pre contractual arrangements;
• The insurance proposal;
• The insurance policy;
• The claim;
• The resolution of insurance contracts;
• For sale.

Module VI – Exam Preparation and Exam

• Clarifying questions;
• Practical cases;
• Examination.

Module VII – Closing