What you'll learn

  • Insurance Foundations

    Introduction to insurance, basic terminology, and rating manuals.

  • Ratemaking

    Overall ratemaking and risk segmentation.

  • Product Management

    Holistic management to achieve insurance profitability and growth goals.trend

  • Reserving & Financial Statements

    Estimating future liabilities.

Jumpstart your career

Join expert instructors in learning the key concepts and techniques underlying basic P&C pricing and reserving at your own pace, creating a strong foundation for those entering the actuarial career path or assuming actuarial responsibilities.

Course curriculum

    1. Admin

    2. Welcome to P&C Actuarial Foundations

      FREE PREVIEW

    3. Section Quiz Data

    1. Episode 1: Insurance Basics

    2. Episode 2: Key Terms

      FREE PREVIEW

    3. Episode 3: Key Metrics

    4. Episode 4: Capital Modeling & Reinsurance

    5. Episode 5: Rating Manual

    1. Episode 1: Intro to Ratemaking

    2. Episode 2: Ratemaking Data

    3. Episode 3: Data Aggregation

    4. Episode 4: Premium at Present Rates

      FREE PREVIEW

    5. Episode 5: Premium Trend

    6. Episode 6: Extraordinary Losses

    7. Episode 7: Loss Development

    8. Episode 8: Loss Trend

    9. Episode 9: Benefit Level Changes

    10. Episode 10: Loss Adjustment Expenses

    11. Episode 11: UW Expenses & Profit

    12. Episode 12: Credibility

    13. Episode 13.0: Overall Indications

    14. Episode 13.1: Auto Indication Example

    15. Episode 13.2: HO Indication Example

    16. Episode 13.3: WC Indication Example

    17. Episode 14: Risk Segmentation Intro

    18. Episode 15: Univariate Approaches

    19. Episode 16: Predictive Modeling

    20. Episode 17: Special Classification

    21. Episode 18: Reasonability Checks

    1. Episode 1: Product Management Intro

    2. Episode 2: Non-Pricing Actions

    3. Episode 3: Pricing Actions

    4. Episode 4: Advanced Pricing Decisions

    5. Episode 5: Implementation

    6. Episode 6: (US) Regulation

    1. Episode 1: Financial Statements

    2. Episode 2: Loss Development Method

    3. Episode 3: Bornhuetter/Ferguson Method

    4. Episode 4: Cape Cod Method

    5. Episode 5: Frequency/Severity Method

    6. Episode 6: Interaction Between Claims & Reserving

    7. Episode 7: Monitoring Reserve Estimates

    8. Episode 8: Loss Variability

    9. Episode 9: Financial Planning

About this course

  • 44 lessons
  • 15 hours of video content

Learn from industry experts

Geoff Werner

Geoff is a Fellow of the Casualty Actuarial Society (FCAS) with over 30 years of experience focused on insurance pricing and product innovation. He has held executive-level positions at a top 10 U.S. insurer, two global consulting firms and a leading telematics service provider. Geoff co-authored the textbook the CAS uses to teach pricing to all actuarial candidates. He has extensive experience training clients on actuarial topics, predictive modeling software, telematics, etc.

Michael McPhail

Michael is a Fellow of the Casualty Actuarial Society (FCAS) with over 15 years of pricing and reserving experience. He has held executive/senior-level positions at a top 10 U.S. insurer and a global consulting firm. Michael is co-owner of Rising Fellow, which has trained thousands of actuarial candidates through both online and live seminars. Michael also taught Mathematical Interest Theory at Trinity University in San Antonio, TX.