Why this course?

This course is designed for students, graduates and early-career professionals who want to stand out in the competitive world of group pricing.

  • On-demand learning - an online, self-paced course running over 8 weeks.

  • Reinforcement of learning - through quizzes, assignments and two live webinars with an industry expert.

  • Gain an accreditation and CPD points (if applicable).

Course curriculum

    1. A. Course Overview & Navigation

    2. B. How to use Thinkific

    3. C. How to get help?

    4. D. What you'll be able to do by the end of this course

    5. E. Four Quick Questions

    1. A-Z Dictionary of key group pricing and insurance terms

    1. Learning Goals - Chapter 1

    2. 1.1 What is Group Business and Why Does it Exist?

    3. 1.2 The Power of Pooling

    4. 1.3 The Pros and Cons of Group Insurance

    5. 1.4 Meet the Key Players in the Market

    6. 1.5 A Brief History of the Group Market: Part 1

    7. 1.6 A Brief History of the Group Market: Part 2

    8. 1.7 Regulatory Framework & Key Legislation

    9. 1.8.1 Market Landscape: Overview

    10. 1.8.2 Market Landscape: Size & Profitability

    11. 1.8.3 Market Landscape - Insurers and their Funds

    12. 1.9.1 Insurance Structures: A Member's Lifespan

    13. 1.9.2 Insurance Structures - Unitised/Age-based Cover

    14. 1.9.3 Insurance Structures - Fixed Cover

    15. 1.9.4 Insurance Structures - Premium Rates

    16. End of Module 1 Quiz

    17. Chapter 1 Completed

    1. Learning Goals- Chapter 2

    2. 2.1 The Group Pricing Process & When it is Used

    3. 2.2 Exploring the Group Dataset: What data is provided?

    4. 2.3 Spotting Red Flags in the Claims Data

    5. 2.4 Common Issues in the Membership Data

    6. 2.5 Problems Common to both Claims & Membership Data

    7. 2.6 Common Pitfalls with Accounting Premiums

    8. End of Module 2 Quiz

    9. Data Cleaning Challenge - Assignment 1

    10. Chapter 2 Completed

    1. Learning Goals - Chapter 3

    2. 3.1 Introduction to Rescaling in Pricing

    3. 3.2.1 Practical Rescaling Transition Rule 1 - Same units

    4. 3.2.2 Practical Rescaling: Transition Rule 2 - Same Cover

    5. 3.2.3 Practical Rescaling: Transition Rule 3 - Same Automatic Units

    6. 3.2.4 Practical Rescaling: Transition Rules - Odd & Complex Rules

    7. 3.3 Claims Rescaling: An Introduction

    8. 3.4 Practical Claims Rescaling - Same units transition rule

    9. 3.5 Premium Rescaling Introduction

    10. 3.6 Premium Rescaling: A practical example - same units transition rule

    11. 3.7 Accounting Premium Rescaling: An Overview

    12. 3.8 Rescaling Accounting Premiums - A Practical Example

    13. End of Module 3 Quiz

    14. Rescaling Challenge - Assignment 2

    15. Chapter 3 Completed

    1. Learning Goals - Chapter 4

    2. 4.1 Setting Reserve Assumptions

    3. 4.2 Handling Product Changes, Profit Share & Forward Adjustments

    4. 4.3 Applying Margins, Stamp Duty and Reinsurance

    5. 4.4 Pricing Documentation, Approval and Implementation

    6. End of Module 4 Quiz

    7. Chapter 4 completed

About this course

  • $797.00
  • 67 lessons

Instructor(s)

Rhoda Harrington

Senior Instructor

Rhoda has almost 30 years of insurance experience and has worked for the past ten years in Senior Pricing Actuary roles within consultancy, reinsurance broking and reinsurance with extensive knowledge of the Group Insurance sector. She previously worked at Retender as Principal Development Actuary and RGA as a Senior Pricing Actuary and, prior to this, spent almost 5 years in AMP and CommInsure in Group Pricing and Valuation roles, pricing most industry funds and master trusts in the market.

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