Risk Based Underwriting Course


Insurance Business can succeed by proper access to and use of authentic detailed underwriting and claims data.  This is a prerequisite to successful move to freedom in market.  Kenyan market should compile / share sufficient and detailed data required for actuarial analysis and pricing.  Rating based on limited data could mean a repeat of the 1994 marine experience.  The communication and negotiation skills for service and efficiency will have a prominent role in new environment.   Underwriting, an individual company’s prerogative; can be used as a tool for marketing and profitability of operations.


5 Days

Who Should Attend

Underwriters, Compliance Officers, Officers In charge of Claims Dept., Officers of IT Dept., Officers of Underwriting Audit Department and such other officers

Foundation Level

Course Objectives

  • Acquaint with underwriting knowledge in specific lines – Fire, Marine, Engineering, Motor (auto), Miscellaneous Liability, Health.
  • Understand relevance of actuarial practices for sound and prudent underwriting
  • Impact of changing scenario in on Reinsurance build up
  • Acquire an integrated view of underwriting and related insurance operations


Course Outline

  • Actuarial Application in Non-Life Insurance
  • Pricing of  Products and new riders
  • Identification of data needs, collection of data; Analysis & Valuation
  • Risk Inspection as a tool for greater understanding of risk
  • Evaluating risk:  Hazard & Hazop Analysis
  • Evaluation of Proposals, Reporting of risk to the company
  • Training Underwriter: Classes of Risks for internal lines
  • Identification of rating factors for every subclass
  • Rating of risk and determining the terms and conditions of cover – quoting rates
  • Internal audit of underwriting policy & philosophy
  • Reinsurance as a tool for better underwriting
  • IT Requirements in prudent underwriting
  • Methods for Data Compilation – Centralized data warehouse, data extraction and analysis

Enroll for a Face-to-Face (In-Person) Class

Face-to-Face Registration By Location

We use the highest quality learning facilities to make sure your experience is as comfortable as possible. Our face to face schedules allow you to choose any classroom course of your choice to be delivered at any venue of your choice - offering you the ultimate in convenience and value for money.

Virtual Trainer Led Schedules

We ensure your learning experience is top-notch by utilizing the finest learning facilities available. Our virtual classes offer you the flexibility to attend courses remotely from anywhere, providing unparalleled convenience and exceptional value for your investment. We understand that your comfort and convenience are paramount, which is why we bring the classroom experience directly to you, wherever you may be. With our virtual class schedules, you have the freedom to choose from a wide range of courses and attend them from the comfort of your own space.

Customize Attendance Dates

FAQs & Course Administration Details:

This training can also be customized to suit the needs of your institution upon request. You can have it delivered in our IRES Training Centre or at a convenient location. For further inquiries, please contact us on Phone: +254 715 077 817 or Email: outreach@indepthresearch.org.
The instructor led trainings are delivered using a blended learning approach and comprise of presentations, guided sessions of practical exercise, web-based tutorials and group work. Our facilitators are seasoned industry experts with years of experience, working as professional and trainers in these fields. All facilitation and course materials will be offered in English. The participants should be reasonably proficient in English.
Upon successful completion of this training, participants will be issued with an Indepth Research Institute (IRES) certificate certified by the National Industrial Training Authority (NITA).
Payment should be transferred to IRES account through bank on or before start of the course. Send proof of payment to outreach@indepthresearch.org.
Accommodation and airport pickup are arranged upon request. For reservations contact the Training Officer. Email: outreach@indepthresearch.org Phone: +254 715 077 817.