Underwriting Risk Assessment & Pricing Training Course

Course Overview

Learning Objectives

• Analyze the fundamental principles of insurance underwriting and risk assessment.
• Identify key risk characteristics and exposure factors influencing underwriting decisions.
• Evaluate financial, operational, technical, and historical information used in risk assessment.
• Apply structured methodologies to assess probability and severity of potential losses.
• Develop risk-based approaches to insurance pricing and premium determination.
• Evaluate claims experience, loss trends, exposure data, and other pricing inputs.
• Assess the relationship between policy terms, deductibles, limits, exclusions, and pricing.
• Apply underwriting guidelines and risk appetite principles to support consistent decisions.
• Evaluate the profitability implications of underwriting and pricing decisions.
• Strengthen the use of data, analytics, and performance indicators in underwriting decisions.
• Identify pricing inadequacies, underwriting weaknesses, and emerging portfolio risks.
• Develop practical underwriting and pricing strategies that support sustainable portfolio performance.

Who Should Attend

Learning Outcomes

• By the end of the course, participants will be able to:
• Apply structured approaches to insurance risk assessment and underwriting.
• Identify the key characteristics that influence risk quality and exposure.
• Evaluate underwriting information and distinguish critical risk factors from secondary information.
• Assess probability, severity, frequency, and potential loss exposure.
• Develop risk-based pricing considerations for different insurance risks.
• Analyze claims history and loss experience to support underwriting and pricing decisions.
• Evaluate the impact of deductibles, limits, exclusions, and policy conditions on pricing.
• Apply underwriting guidelines and risk appetite principles consistently.
• Identify underpriced, high-risk, and potentially unprofitable business.
• Use underwriting and pricing indicators to monitor portfolio performance.
• Strengthen decision-making through data analysis and risk-based segmentation.
• Develop practical actions to improve underwriting quality, pricing adequacy, and portfolio profitability.

Course Outline

Upcoming Dates