Operational & Financial Risk Analysis

Catalog description

Today's business environment requires a far more complex Asset Liability Management (ALM) structure to help quantify and manage risk. This course provides an introduction to what risk management means from a business perspective that employs risk management products and from the perspective of the insurance industry. Throughout the course, students learn the fundamental financial tools and techniques necessary to be an effective risk manager in the insurance industry. They also learn the fundamental concepts of financial products including both cash products and their respective derivatives, asset liability management, and actuarial sciences as well as the operational, legal and regulatory issues that affect the insurance industry.