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September 18-19, 2012 • New York, NY
Fundamentals of Life Statutory Accounting and Reporting
Life Statutory Accounting and Reporting is an introductory course that provides comprehensive training in the foundations of a life insurer's financial statements, products and risks. You'll discover the industry's statutory accounting standards, reserving policies and how changes in external variables can affect your calculations.
What you'll be able to do:
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Understand the life insurance industry: its organization, products, and financial performance |
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Explain the rationale and differences between statutory and GAAP accounting for a life company |
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Navigate the various financial reports produced by life companies and understand, in detail, the annual statement – including financial statements, supporting schedules and exhibits, and supplementary data |
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Define and illustrate each major element of insurance accounting and reporting |
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Illustrate loss reserve concepts and terminology |
This program presumes an interest in learning the foundations of the life insurance business and accounting.
You'll get two days of in-depth training and personalized instruction
The foundational concepts covered in this course are essential to your success, so you'll dive deep and get the detailed instruction you need to make this information second nature – building on the foundation of your industry knowledge.
Your instructor: Kevin Oates
Kevin is a longtime veteran of the insurance industry with extensive teaching experience in the sector. In order to optimize your learning experience, we've intentionally limited class size to give you ample opportunity to ask questions and take advantage of Kevin's depth of knowledge.
“Kevin is an amazing instructor who takes complex insurance concepts and brings it to a level that everyone can understand.”
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