Preview Courses

Actuarial Society of Nepal Short Course

This preview course serves as an introduction for our clients in Surya Jyoti to discover the vast collection of courses at learn@AP. The course syllabus includes:

a.      Chapter 1: Experience Analysis and Product Development

b.      Chapter 2: Technical Foundation of Life Actuarial Work and Management

c.      Chapter 3: Special Courses on Short Term Reserving and IFRS 17

Preview Courses

First Steps into Actuarial Science - Preview Course

This course serves as an introduction to Actuarial Science - a free course designed for people interested in actuarial science, as well as non-insurance people who are just starting a role in an insurance company or are considering such a role. The course syllabus includes:

a.      Chapter 1: Experience Analysis and Product Development

b.      Chapter 2: Technical Foundation and Aspects Management

c.      Chapter 3: Fundamental Aspects of Takaful Insurance

d.      Chapter 4: Special Courses on Short Term Reserving, IFRS 17 and Takaful under IFRS 17

Preview Courses

Takaful Under IFRS 17 - Preview Course

This course will discuss various special issues for Takaful under IFRS17. This course builds on the material of the prior course on IFRS17. The course syllabus includes:

a.      Chapter 1: Basic Concepts of Takaful

b.      Chapter 2: Understanding the Technical Differences

c.      Chapter 3: Accounting for Takaful Under IFRS 4

d.      Chapter 4: Accounting for Takaful Under IFRS 17

e.      Chapter 5: Practical Considerations in Implementing IFRS 17 for Takaful

Preview Courses

Core Life Actuarial Practice 4: Aspects of Life Actuarial Management - Preview Course

This course will dive into the technical concepts of life actuarial management. Among the topics that will be covered are Solvency and Capital Management, Surplus Distribution, Investment Management for Actuaries, Risk Management and FCR. The course syllabus includes:

a.      Chapter 1: Solvency and Capital Management

b.      Chapter 2: Surplus Distribution

c.      Chapter 3: Investment Management for Actuaries

d.      Chapter 4: Risk Management

e.      Chapter 5: Financial Conditions Reporting (FCR)

Preview Courses

Fundamentals of Calculations under IFRS 17 - Preview Course

This course provides insights into IFRS17. This course will be detailed in nature and provide examples for basic concepts such as CSM, measurement approaches, grouping of contracts, transition issues and initial technical decisions. The course syllabus includes:

a.      Chapter 1: Basic Concepts of IFRS 17

b.      Chapter 2: Further Issues in IFRS 17

c.      Chapter 3: Calculations Under IFRS 17

d.      Chapter 4: Comparing IFRS 17 to Statutory Regulations

Preview Courses

Core Life Actuarial Practice 3: Technical Foundation of Life Actuarial Work - Preview Course

This course will dive into foundational technical concepts of life actuarial work, starting with an overview of reserving processes and practices including net premium valuation (NPV), followed by concepts related to Gross Premium Valuation (GPV). The course syllabus includes:

a.      Chapter 1: Overview of Reserving Practices

b.      Chapter 2: Gross Premium Valuation Reserve Calculation

c.      Chapter 3: Special Reserves and Complications in GPV Reserving

d.      Chapter 4: Profit Testing and Projections

Preview Courses

Advanced Fundamental Aspects of Takaful Insurance and Hands-On Applications (FATIHA) - Preview Course

FATIHA introduces the basics of Takaful operations and provides an exposure to pricing and development methods, business management, and current issues. This course is specifically for people who don't specialise or come from an insurance background. The course syllabus includes:

a.      Chapter 1: Surplus Distribution and Qard in Takaful

b.      Chapter 2: Regulations and Risk Management in Takaful

c.      Chapter 3: Current Issues in Takaful

Preview Courses

Fundamental Aspects of Takaful Insurance and Hands-On Applications (FATIHA) - Preview Course

FATIHA introduces the basics of Takaful operations and provides an exposure to pricing and development methods, business management, and current issues. This course is specifically for people who don't specialise or come from an insurance background. The course syllabus includes:

a.      Chapter 1: Basics of Takaful

b.      Chapter 2: Takaful Models

c.      Chapter 3: Setting Up Takaful Operations

d.      Chapter 4: Takaful Pricing and Product Development

Preview Courses

Core Life Actuarial Practice 2: Product Development - Preview Course

This course will review a number of aspects broadly relating to product design and development, along with correlated technical issues the actuary may need to understand as a part of product design and development. The course syllabus includes:

a.      Chapter 1: Product Development

b.      Chapter 2: Product Pricing

c.      Chapter 3: Market Segmentation

d.      Chapter 4: Distribution Channels

Preview Courses

Short Term Reserving - Preview Course

Develop a thorough understanding on reserving of short term life and general insurance liabilities. The course syllabus includes: 

a.      Chapter 1: Claim Liabilities

b.      Chapter 2: Premium Liabilities

c.      Chapter 3: Back-Testing

Preview Courses

Core Life Actuarial Practice 1: Data and Experience Analysis - Preview Course

A comprehensive course to build up your actuarial expertise. Develop an in-depth understanding in the foundations of the work performed by an actuary such as the various types of data checks, experience analysis work, and actuarial control cycle. The course syllabus includes:

a.      Chapter 1: Introduction and Data Collection

b.      Chapter 2 – 4: Experience Analysis which covers Investment Return, Expense, Mortality, Loss Ratio and Lapse Study