Fit for Insurance Online Course

Newcomers and career changers to the international insurance industry can deepen their knowledge in this short virtual seminar.
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Seminar

Programme overview

In 5 online sessions over 4 weeks (with a time commitment of approximately 4-8 hours per week), new entrants and career changers will deepen their understanding of how the international insurance industry works and the challenges it faces today.

In compact and virtual sessions, you will gain a basic understanding of the structures of national and international insurance markets and the specifics of market services in life and non-life insurance. The processes of product development, distribution and claims management will be explained. As a result, you will have a better understanding of the technical and financial aspects of insurance management.

Interested in this programme?

Download our brochure to find out if this executive education fits you and your career planning:

Programme details

Programme type

Seminar

Format

Online

Language

Englisch

Duration

4 weeks

Location

MS Teams

Price

CHF 1'900

Target group

Neu-/Quereinsteigende, Teamleitung, Fachspezialisten

Next date

Start date: 13.01.2025
Application deadline: 06.01.2025
places available

Objective

This short seminar gives you an overview of the structures of national and international insurance markets and the special features of insurance-specific market services and business processes. You will acquire the fundamentals of insurance and finance and discuss the significance and impact of current industry topics.

Target Group

This online course is aimed at professionals or managers with limited industry knowledge and career changers who want to gain an overview of the structures of national and international insurance markets and the characteristics of insurance-specific market services and business processes.

Benefits

  • Insurance management expertise: We provide you with the latest insights and trends in the insurance industry and you benefit from renowned lecturers from the Institute of Insurance Economics at the University of St.Gallen.

  • In-depth industry overview: This unique short course will give you a professional insight into the key markets, products and mechanisms of the insurance industry, enabling you to act competently and effectively in your professional environment.

  • International perspectives: The broad mix of insurance participants brings together a variety of perspectives from different countries, business lines and companies, enabling an enriching exchange of current best practices and challenges.

  • Certificate of participation: By attending this seminar, you will engage with faculty and industry peers on topics relevant to the industry. Upon successful completion, you will receive a certificate from the University of St. Gallen (HSG).

Online Learning Methodology

This course is 100% online. The learning methodology is designed for distance learning and consists of three parts:

  • Flexible learning: Before the course starts, you will be given access to the I.VW-HSG online learning platform to participate in the live sessions. This will allow you to prepare for each module, interact with colleagues and learn at your own pace.

  • Live faculty sessions: You can log into each virtual session from the comfort of your home, office or on the road. Each session lasts approximately 3.5 hours with the professor. During the live session, you will actively engage with other participants to share ideas, give feedback or solve problems. Please allow an additional 0.5 hours per session for preparation and follow-up.

  • Knowledge transfer: You will have the opportunity to test your knowledge of the session, as well as the documents and videos for each unit, with a multiple-choice assessment. You will be able to formulate concrete measures for your work, so that you can put your learning directly into practice.

Course Structure

Over a period of 4 weeks, you will attend a 3.5-hour virtual lecture once or twice a week. You should allow a further 0.5 hours per week for preparation and wrap-up. In order to receive a certificate of participation, you must attend at least 50% of the virtual lectures.

Expect the following topics and dates:

Insurance Markets

Prof. Dr. Martin Eling
Monday, January 13, 2025 | 1.30 – 5.00 pm (CET)

  • What is the business model of an insurance company?

  • What is needed to deliver this product to a client?

  • The main eco-systems (e.g. mobility, old age, health, house / living)

  • Insurance market overview

Insurance Products

Prof. Dr. Martin Eling
Monday, January 20, 2025 | 1.30 – 5.00 pm (CET)

  • Main types of life and non-life insurance

  • Main cover structures used in the insurance industry

  • Reinsurance and Alternative Risk Transfer

Insurance Value Chain & Trends

Prof. Dr. Martin Eling
Thursday, January 23, 2025 | 1.30 – 5.00 pm (CET)

  • The insurance value chain

  • Challenges of the insurance industry

  • The big elephant in the room: ESG

  • Hypothesis on Digital Transformation (Blockchain, AI, Big Data, Cyber)

Insurance Processes

Prof. Dr. Martin Eling
Thursday, February 3, 2025 | 1.30 – 5.00 pm (CET)

  • Distribution
  • Underwriting
  • Claims
  • Asset Liability Management
  • Risk & Capital Management

Insurance Techniques

Prof. Dr. Martin Eling
Monday, February 10, 2025 | 1.30 – 5.00 pm (CET)

  • Pricing
  • Reserving
  • Key Performance Indicators

Academic Lead

In order to ensure didactic quality and continuity, this online course is led by Prof. Dr. Martin Eling as Academic Lead. In addition, he invites speakers from practice and academia, depending on the topic of the module.

Martin Eling K 1
Prof. Dr. Martin Eling

Full Professor of Insurance Economics

Martin Eling is doing empirical research in the intersection of insurance management, mathematics, and economics. After his doctoral degree in 2005 he joined the I.VW as a postdoctoral researcher. In 2008 he was visiting professor at the University of Wisconsin-Madison. Then in 2009 he was appointed Professor of Insurance at the University of Ulm. Since November 2011 he is Director of the I.VW and holds the Chair for Insurance Management at the University of St.Gallen. The Chair was established with support of the Swiss insurance industry.

Testimonials

«We are very happy with this dynamic course and a number of our employees have spoken highly of their experience in class and especially with Prof. Martin Eling’s clear and lively teaching style.»

Kai Zhang, Vice President, Swiss Re Insitute

Application

Want to secure your spot in this program? Please use our online application form.

Note: The basic seminar is also offered in German. If you are interested, you can find more information here.

Study place quota for Future.Value partners

Around 40 insurance companies belong to the institute's own Future.Value partner network, for which a contingent of free places is available within the contractual framework. If your company is a member of the I.VW-HSG Future.Value partner network and you would like to take advantage of a free place, please make a note of this when you register. Here you will find a list of our partner companies.

Contact

Would you like more information?

Please do not hesitate to contact me.

Andreina Zink hsg

Andreina Zink Seminar Management

andreina.zink@unisg.ch +41 71 224 79 44

I.VW-HSG as your preferred partner for executive education

The Institute of Insurance Economics (I.VW-HSG) is one of the leading university institutes for risk management and insurance economics in Europe. Renowned for its innovative teaching, research and executive education, it is a reliable partner of the University of St. Gallen and promotes the dialogue between science and practice. With its broad range of open programmes and in-house seminars, it is the leading provider of management development for the insurance industry in German-speaking Europe. Benefit from an Executive Degree from Europe's top business school and advance your career!

  • For high quality teaching and executive education from top academics

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