Insurance Product Pricing
300.000 د.ك
Level:
Intermediate, Advanced
Intermediate, Advanced
Type:
In Person
In Person
Dates:
06/12/2026 – 10/12/2026
06/12/2026 – 10/12/2026
Times:
3:30 pm – 8:30 pm
3:30 pm – 8:30 pm
Location:
Kuwait City, KIPCO Tower, 26th Floor
Kuwait City, KIPCO Tower, 26th Floor
In stock
Prerequisites
Participants are expected to have a foundational understanding of insurance principles, underwriting concepts, and basic financial analysis. Prior exposure to actuarial concepts, data analysis, or product development is beneficial but not mandatory. The program is particularly suitable for professionals working in pricing, underwriting, actuarial, finance, and product management functions within insurance companies operating in the GCC/MENA region.
Program Overview
The course explores the integration of underwriting and pricing, profitability analysis through loss and expense ratios, and sustainability considerations in premium setting. Participants will examine risk identification techniques, actuarial premium calculations, claims frequency and severity analysis, and the application of statistical models such as GLMs and credibility theory.
Advanced topics include predictive analytics, machine learning applications in dynamic pricing, reinsurance impact on pricing structures, economic cycles, regulatory compliance, solvency considerations, and capital adequacy requirements. The program also addresses competitive positioning strategies, pricing elasticity, behavioral pricing techniques, and the use of big data to enhance decision-making.
Through practical case studies, real-world examples, and scenario-based exercises, participants will develop the ability to balance profitability, risk exposure, regulatory compliance, and market competitiveness in insurance product pricing decisions.
Advanced topics include predictive analytics, machine learning applications in dynamic pricing, reinsurance impact on pricing structures, economic cycles, regulatory compliance, solvency considerations, and capital adequacy requirements. The program also addresses competitive positioning strategies, pricing elasticity, behavioral pricing techniques, and the use of big data to enhance decision-making.
Through practical case studies, real-world examples, and scenario-based exercises, participants will develop the ability to balance profitability, risk exposure, regulatory compliance, and market competitiveness in insurance product pricing decisions.
Learning Outcomes
To successfully complete this course, participants are expected to attend all scheduled sessions, actively engage in discussions and group activities, and demonstrate understanding of the course material through participation and assessments. Full completion requires meeting the minimum attendance criteria, contributing to interactive exercises, and achieving satisfactory performance in any evaluations or quizzes conducted during the program.
Intended Audience
This program is designed for pricing analysts, product managers, actuarial staff, risk management specialists, underwriting managers, and finance professionals involved in premium setting, profitability analysis, and product development. It is also suitable for mid-to-senior level professionals responsible for strategic pricing decisions and financial performance monitoring within insurance organizations.
Trainer Bio
This program is proudly powered by FIFE.