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ImmersionConnect-938

LOMA Canada Insurance Immersion Spring Session

Get Up to Speed Quickly!

April 16, 2019 – April 18, 2019
Sun Life Financial, Toronto, Ontario


Note: This course is usually structured so that the half day is the last one. For this session, the half day is the first day, Tuesday.

Tuesday, April 16, 2019

2:00 pm – 5:30 pm

Welcome, Introductions and Finance Overview

Introduction to Insurance Immersion

Overview of Profitability

Reinsurance

Finance and Risk Management

  • Comparing Solvency and Profitability
  • How Insurance Companies Make Money
  • Accounting Standards
  • Required Financial Statements
  • Capital Requirements
  • Balance Sheet Ratios
  • Compliance Requirements
  • Profitability
  • Risk Accountability
Wednesday, April 17, 2019

8:30 am – 5:00 pm

Industry Overview

The Financial Services Industry

  • Types of Insurers
  • Public Perceptions
  • Regulation
  • Compliance

Life Insurance and Annuity Products

  • Types of Life Insurance
  • Term life insurance
  • Cash value/permanent life insurance
  • Supplemental Benefits and Policy Features
  • Product Distribution
  • Types of Annuity Products
  • Living Benefit Products
  • Annuity Payout Options
  • Annuity Suitability
  • Segregated Funds
  • Pricing Life Insurance
  • Life Insurance and Annuity Profitability
  • New Trends in Life Insurance and Annuity Products
Thursday, April 18, 2019

8:30 am – 5:00 pm

Insurance Company Operations

  • Sales and Service
  • Compliance
  • Market Conduct
  • New Business
  • Underwriting
  • Customer Service
  • Claims
  • Operational Performance
  • Operational Improvement and Efficiencies
  • Operational Risk