L&H Insurance Management Simulation

Target group
Given the versatility of IMS, a wide variety of target groups may be defined depending upon the training scope of the IMS course. Generally, participants hold mid-level positions in insurance companies. On occasion a company will nominate new members of the board of directors to attend an IMS course to give them a quick tutorage in insurance companies operations.

Participants should be:

• Interested in gaining a comprehensive overview of insurance management processes
• Willing to strengthen their knowledge of the effects of strategic and operational decisions on financial statements
• Ready to participate in teamwork activities

A solid understanding of some insurance areas such as underwriting, claims, accounting, actuarial, investment or marketing is beneficial and recommended.

Note: Only clients from South East Asia, Hong Kong, China and Korea will be eligible to apply.

Training goals
By engaging in intense debate the IMS participants learn the comprehensive decision-making process involved in operating an insurance company. Through Swiss Re’s sophisticated insurance management simulation, members of the team will:

• View major aspects of running an insurance company
• Grasp the fundamentals of drafting and executing a business strategy
• Develop and implement a wide range of strategic decisions for various business areas
• Improve skills in analyzing and interpreting insurance financial statements
• Understand how management decisions (including reinsurance) affect financial result
• Predict consequences of core management decisions
• Strengthen teamwork skills as a member of a management team
• Explore aptitude to risk taking and making decisions quickly
   

Contact information
If you are interested in our Client Programmes, please reach out to your respective client manager.