P92 Insurance Business and Finance Exam Revision Workshop

Course Code:	P92 1109
Dates:	On a date of your choice
Venue:	London EC2
Course Fees:	Available on application
CPD Credits:	6 hours

This course is also available in-house. Please call 020 3170 5779 or email martinbeaman@ctp.uk.com to discuss your requirements.

Course Outline & Objectives

The P92 Insurance Business and Finance exam is a compulsory paper for all those studying for the CII Diploma in Insurance. For many candidates, the P92 syllabus contains much that is unfamiliar, technical and challenging. The material dealing with the interpretation of financial ratios and accounts, in particular, can often deter the most dedicated student.

If you are sitting the P92 exam in October, this practical workshop can give you the extra support and focus required to succeed in this unit and keep your progress to the diploma on track.

Led by a qualified and highly experienced tutor you will be able to clarify problem areas, practice questions with constructive feedback and review past papers. Class size is restricted to ensure all candidates receive individual support and attention.

How you will benefit

• Develop a structured approach to revision
• Break up the study material into more accessible and digestible segments
• De-mystify the financial complexities
• Brush up on exam techniques
• Learn how to answer the questions in the way the examiner is looking for
• Practice past questions and receive feedback
• Clarify and validate your understanding with a qualified technical expert

At the end of the course you will have both a greater knowledge and understanding of the subject matter and be more confident and better equipped in your exam technique.

Who should attend?

This workshop will offer practical help and valuable support for anyone planning to take the P92 exam as part of the CII Diploma in Insurance in October 2011.

Training Approach

This workshop uses a combination of trainer input, interactive syndicate work and case studies. Group size is kept to a maximum of 16 to create a supportive learning environment and facilitate knowledge transfer and experience sharing.

Course Leader: Beverley Lyn MBA FCII

Beverley has over 25 years’ experience in the UK General Insurance Industry. Initially starting work in an Insurance Broker, she then moved into the general insurance market and followed a technical career path with Zurich and Independent. In recent years she worked for AXA insurance in senior roles, both operational and Strategic. Beverley ia able to combine her strong technical knowledge with a passion for developing people and enabling them to reach their full potential. Beverley provides training services for a number of organisations, including major insurers, training firms and the Chartered Insurance Institute, for whom she has authored elements of the CII syllabus.

Course Programme

Session	Content
Structure of the insurance business	Business structure Types of insurers Importance of the customer London and the international market Structural trends and factors Mergers and acquisitions Outsourcing Delegated authority
Management of insurance business	Role of the board of directors and senior executive officers Management Styles and their uses Budgetary planning and control MI, systems, data collection and uses
Corporate governance	Roles and responsibilities of key personnel Purpose and structure of the annual report and accounts Role of the audit function Key requirements and reports for corporate governance
Other common functions within insurance organisations	Human Resources: recruitment and selection; training and development; appraisal and reward systems; motivation and morale Marketing: key concepts; market research process Product development process Communications and promotion
Accounting principles and practices	Purpose and function of financial accounting Difference between financial and functional accounting Basic financial concepts and the accounting equation Construction of a balance sheet and a profit and loss account Cash flow statements, uses, format and presentation
Insurance company accounts	Main accounting standards affecting insurance Reserving IBNR
Using financial ratios to assess businesses	General uses and benefits of financial ratios General financial ratios Insurance ratios
Assessing the financial strength of insurance companies	Financial strength of insurance companies Insurance company reserves Solvency margins
Effective revision and exam techniques	Revision techniques Exam techniques Common pitfalls Top Tips EXERCISES

Booking

If you are interested in booking this course, or if you have any questions, please call call us on 020 3170 5779.

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Corporate Training Partnerships Ltd, London Office: 60 Lombard Street, London, EC3V 9EA. Tel: 0203 1705779
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