IFRS 17 Insurance Contracts Certification Training
Join our IFRS 17 Insurance Contracts Training on Implementation 2023. This 2-day online course offers live training programs globally. Enroll now!
Overview
This 8-hour IFRS 17 certification course provides a practical and structured understanding of insurance contract measurement, presentation, and implementation under IFRS 17, with a focus on current regulatory expectations and post-implementation challenges. Participants will learn key principles, differences from IFRS 4, and core measurement models including GMM (BBA), PAA, and VFA, along with concepts such as fulfilment cash flows, risk adjustment, and CSM.
Through real-world examples and case studies, the course also covers contract boundaries, reinsurance, disclosures, and profit analysis, equipping participants with the skills needed for effective IFRS 17 reporting, implementation, and communication.
Course Curriculum
- Objectives, scope, and fundamental principles
- IFRS 17 vs. IFRS 4
- Implementation journey and lessons learned
- Post-implementation challenges
- Recent regulatory and industry developments
- Identification and classification of insurance contracts
- Insurance risk assessment
- Contract boundaries and coverage periods
- Levels of aggregation and annual cohorts
- Profitability assessment and onerous contracts
- Building blocks of IFRS 17 measurement
- Expected future cash flows
- Discounting and discount rate approaches
- Risk adjustment for non-financial risk
- Contractual Service Margin (CSM)
- Experience variances and changes in estimates
- Applicability and key characteristics
- Initial and subsequent measurement
- Fulfilment cash flows and CSM
- CSM adjustments and release
- Changes in assumptions
- Onerous groups and loss components
- Practical GMM calculation and case study
- Eligibility criteria
- Liability for remaining coverage
- Liability for incurred claims
- Premium allocation and acquisition cash flows
- Discounting and risk adjustment
- Onerous contract assessment
- Practical PAA calculation
- Eligibility and direct participation features
- Underlying items and policyholder participation
- Variable fee concept and calculation
- CSM measurement and adjustments
- Financial assumption changes
- Practical VFA example
- Reinsurance contracts held
- Measurement and CSM considerations
- Loss recovery components
- Insurance revenue and insurance service expenses
- Insurance finance income and expenses
- OCI presentation options
- Profit emergence and performance analysis
- IFRS 17 disclosure requirements
- Reconciliation tables and movement analysis
- Profitability and performance reporting
- Data, systems, and modelling considerations
- Post-implementation challenges
- Integrated IFRS 17 case study and modelling exercise
- Q&A and knowledge assessment
Prerequisites
The course is suitable for finance and accounting professionals, insurance professionals, actuaries, risk managers, auditors, financial reporting specialists, consultants, and professionals involved in IFRS 17 implementation or reporting.
No advanced actuarial or mathematical background is required. The course is designed to combine technical concepts with practical examples and industry-based applications.
Who Should Attend
This IFRS 17 certification course is suitable for:
- Insurance Finance & Accounting Professionals
- Financial Reporting Professionals
- Actuaries and Actuarial Analysts
- Risk Management Professionals
- Insurance Underwriters
- Financial Controllers
- Internal and External Auditors
- Finance Managers and Senior Finance Professionals
- Insurance Consultants
- IFRS and Regulatory Reporting Professionals
- Professionals involved in IFRS 17 implementation and transformation projects
Benefits
- Comprehensive IFRS 17 Knowledge
- Mastery of IFRS 17 Measurement Models
- Enhanced Financial Reporting Skills
- Practical IFRS 17 Application
- Reinsurance Accounting Expertise
- Post-Implementation Insights
- Improved Disclosure & Reporting Capabilities
- Cross-Functional Collaboration Skills
- Enhanced Professional Competence
- Better Financial & Business Decision-Making
About Trainer
He is a seasoned finance and insurance professional specializing in IFRS standards, financial reporting, and insurance accounting, with extensive experience in IFRS 17 implementation and advisory. He has worked with insurers, auditors, and consulting firms to support regulatory compliance, reporting transformation, and system integration projects.
He is known for his practical, application-focused training approach, combining real-world case studies, industry insights, and hands-on exercises to help participants understand complex IFRS 17 concepts and apply them effectively in professional settings.
Learning Outcomes
By the end of the program, participants will be able to interpret and apply key IFRS 17 requirements, understand the different measurement models, evaluate their financial reporting implications, analyse insurance contract profitability, and contribute more effectively to IFRS 17 implementation, reporting, modelling, and stakeholder discussions.
Build practical IFRS 17 expertise and strengthen your ability to navigate the evolving requirements of insurance accounting and financial reporting.
Student Reviews
"“The training provided an excellent balance between IFRS 17 theory and practical application. The explanations of GMM, PAA, and VFA made complex measurement concepts much easier to understand.”"
"“The practical case studies and CSM calculations were particularly valuable. The course helped me connect IFRS 17 requirements with the challenges we encounter in day-to-day insurance reporting.”"
"“A well-structured and highly relevant program. The sessions on reinsurance accounting, OCI, disclosures, and profit emergence provided useful insights for my professional responsibilities.”"
"“This program strengthened my understanding of IFRS 17 measurement models and financial statement impacts. The practical approach made the learning experience highly engaging and applicable to my role.”"
Frequently Asked Questions
No difference in the content. In self paced course, you will have eLearning course access with pre-recorded lectures, training materials, solved examples and certification assessment. And, with live training option, you will join Zoom meeting and attend interactive training session.
Yes, there will be an assessment of 20 questions based on the training topics at the end of the course, you will have to score 75% to pass.
You will get 2 attempts.
Sure, you can watch the recordings of the sessions you cannot attend and get back to us if you have any doubts to clear.
Yes, you will be able to pay the course fees in instalments. Reach out to [email protected] to see the options available to you.
Group discounts are available to groups of more than three candidates. You can get up to 20% discount depending on the number of participants.
Yes, if you notify at least 24 hours in advance before the 1st class of the training and there is an availability in a different batch then you will be able to switch your start date.
Our courses are designed to provide high quality learning and outcomes that exceed expectations. If for some reason your expectations are not met. You will be given a refund in accordance with our 100% satisfaction policy.
You will receive meeting login for Zoom live classes and training materials.
You will get access to the learning portal and certification exam voucher via email.
All the participants will be added to WhatsApp group. You can clarify doubts at any time via WhatsApp or email.
a) Includes hands-on exercises and case studies for GMM, PAA, VFA and reinsurance. b) Covers practical implementation challenges, operationalization, and data gaps. c) Includes our own certification assessment with two attempts.
Yes, we focus on real-world examples, practical current issues, actuarial modelling challenges and implementation lessons from insurance companies.
Yes, participants will go through exercises covering GMM, PAA, VFA, reinsurance, discounting, CSM roll-forward and OCI impact analysis.
Basic familiarity with IFRS and insurance accounting is helpful, but the course is designed to guide beginners through advanced topics step by step.
The assessment is designed to test practical understanding and application of IFRS 17 concepts covered in the course. With full participation, most participants pass on the first attempt.
Yes, participants receive a digital certification immediately upon successfully completing the assessment.
No, our in-house certification is valid indefinitely, demonstrating your IFRS 17 expertise. While not mandatory, refresher training every 2-3 years is recommended to maintain skills and compliance.
We offer flexible delivery options including live online sessions, self-paced learning and in-person workshops (depending on requirement).
Yes, our trainers are industry professionals with hands-on IFRS 17 implementation experience.
Yes, participants receive comprehensive slides, examples, and reference notes aligned with recent updates.
Yes, we provide mentorship, doubt resolution and guidance for assessment preparation.
The course is modular, typically delivered over 8 hours depending on depth and practical exercises.
Yes, case studies and exercises are derived from real IFRS 17 scenarios including life, health and general insurance contracts.
Yes. The online training is accessible worldwide.
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Upcoming Schedules
| Date | Time | Duration | Mode | Price | Action |
|---|---|---|---|---|---|
| 09:00 - 13:00 Kolkata (UTC+5:30) |
Nov 28 – Nov 29, 2026
Total 8 hours - 4 hours a day,
|
Live Online | $399.00 $299.00 |
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