National Insurance Academy, Pune|Financial Management & Financial Services
P026 | Programme on Finance for Non-Finance Officials (Non- Life)
Academic Year 2026-2027
Duration
3Days
Scheduled Dates
08 Jun 2026 - 10 Jun 2026
08 Feb 2027 - 10 Feb 2027
Background
General insurance companies are an integral component of the financial sector ecosystem. The finance function plays a vital role in the overall functioning of any organisation. Therefore, executives working in other departments need to be familiar with the basics of general insurance finance and its impact on the overall operations of the company, and to understand how operating decisions contribute to the financial decisions of the company.
This programme aims to give inputs on finance functions to Insurance executives which will help decision making.
Learning Objectives
This programme is designed to familiarize participants with the fundamental concepts and techniques of finance, with specific emphasis on their application in the functioning of general insurance companies. It aims to provide an understanding of the current economic scenario, the basics of the time value of money, interpretation of financial statements, and solvency requirements. The programme also introduces participants to the principles and practices of general insurance fund investment and relevant regulations.
Key Contents
Key Economic Indicators & Current Scenario
Financial Arithmetic & General Insurance Reserves
Financial Markets and Insurance Investments
Overview of ERM
Financial Frauds and Risk Mitigation
Financial Statements and Disclosures
Overview of IFRS
Solvency and Risk Based Capital
Who Should Attend
Officers in charge of Branch / Division and Scale II, III and IV officers from the operating offices of general insurance companies.
