Course Description
Analysis of insurer operations and the issues facing managers of such operations. Topics covered include regulation, accounting, finance, marketing, underwriting, reinsurance, ratemaking, and claims. Students participate in simulated operation of a homeowner's insurer in a competitive market, gaining hands-on experience with insurance company management in a dynamic setting.
Athena Title
Insurer Operations and Policy
Prerequisite
RMIN 4000 or RMIN 4000H or RMIN 4000E
Semester Course Offered
Offered every year.
Grading System
A - F (Traditional)
Course Objectives
This course will consist of analysis of insurer operations and the issues facing managers of such operations. Topics covered include regulations, accounting, finance, marketing, underwriting, reinsurance, ratemaking, and claims. Group case study.
Topical Outline
Topic Title 1 Overview of Insurance Company Operations 2 Marketing and Distribution Systems 3 Underwriting 4 Claims Adjusting 5 Ratemaking 6 Financial Analysis 7 Reinsurance 8 Surplus Lines 9 Lloyd's of London 10 Regulation of Insurers 11 Insurer Accounting
Syllabus