Master in Insurance and Risk Management EALDE Business School

The Master in Insurance and Risk Management is a master's degree taught online that allows you to obtain your own double degree with international validity. It is an exclusive program of EALDE Business School that enables you to occupy managerial positions in different areas of the insurance sector.

The study plan for the Master in Insurance and Risk Management transmits all the necessary knowledge and achieves a profile in accordance with the demands of the large corios to dominate the insurance market and manage risks in large companies in the sector. In this way, the agenda delves into the technical foundations of insurance, the different types of insurance that exist, the operation of international markets and the main risks that affect insurance companies.

At the end of the program, the student will know directives such as Solvency II and other legal texts. In addition, they will know how to identify and mitigate risks inherent to the insurance business itself. On the other hand, you will know how the reinsurance market works and will be able to make decisions within this model.

The knowledge and leadership skills transmitted by the Master in Insurance allow you to differentiate yourself from other less qualified professionals.

What will I learn?

Upon completion of the online Master in Insurance and Risks you will be able to:

• Lead risk and uncertainty management in insurance companies.
• Understand the concepts related to the insurance sector and handle the main legislative texts.
• Know in depth the Solvency II regulations.
• Identify the different types of life and non-life insurance that exist, as well as know their characteristics.
• Decide and guide the purchase of the main company insurance, for the transfer of business risk.
• Mastering the concepts of reinsurance and coinsurance and the operation of international markets in this sector.

Who is it for?

This online master is especially aimed at:

• Directors, professionals and financial technicians of companies and insurance managers.
• Professionals seeking a specialization to hold management positions in different areas of the insurance sector.
• Those responsible for insurance purchases who want to acquire a differentiating profile.
• Risk consultants who wish to jump into the insurance business.
• Professionals of Finance and Control of the company.
• Graduates of any specialty with managerial potential, who require training in insurance risks.

Curriculum

Course 1. Introduction to Risk Management.

• Introduction to Risk Management. General Considerations, Actors, Perspectives.
• Risk Management: ERM Models in Banking and Project Management.
• ISO 31000: 2018. Risk Management Principles and Guidelines.
• Practical case.

Course 2. General Concepts of Risk Management.

• Basic Concepts and Risk Classification.
• Identification and Characterization of Risks. Risk matrices.
• Risk Assessment, Treatment, Monitoring and Review.
• Practical case.

Course 3. Irrigation Evaluation Process

• Risk Assessment Unit. Objectives and Processes.
• Events, Probability and Consequences. ISO 31010 techniques and tools.
• Maturity Models. Audit and Advice.
• Practical case.

Course 4. Legal Framework

• Solvency II.
• LCS Europe and Latin America.
• Other laws that affect the sector.
• Practical case

Course 5. Fundamentals, Techniques and Actuarial Risk

• Technical Fundamentals of Insurance.
• Risk Management.
• Insurance Companies
• Practical case.

Course 6. Risks Inherent to the Insurance Business.

• Life, Health, and Social Prevention Insurance.
• Damage Insurance and Provision of Services.
• Insurance for companies
• Practical case.

Course 7. Reinsurance and international markets

• Reinsurance and coinsurance
• Lloyd's Market Model
• International insurance programs
• Case study

Course 8. Ensuring Business Continuity

• Securing cyber risks
• Ensuring the stoppage of activity
• ART (Alternative Risk Transfer)
• Case study
• Final Master's Project (TFM)

Why study this master?

The Master in Insurance and Risk Management is a higher training specially aimed at professionals who work in the insurance sector or are responsible for purchasing insurance in their companies. The online master's program combines insurance training with the fundamentals of risk management and business continuity. This guarantees a comprehensive learning that allows acquiring a highly qualified profile.

The graduate student will be sufficiently prepared to lead risk policies in an insurance company, or assume the risk transfer processes in any other organization.

The contents of the online Master in Insurance are taught by expert professors and brokers, active in large insurance companies in Spain and Latin America. In addition, they are taught through an innovative methodology, which facilitates the practical application of the theoretical knowledge acquired.

The academic program of the master's degree includes a course to promote managerial skills, as well as an English course and an executive orientation service upon completion of the program. The master's degree calendar is designed to facilitate the reconciliation of work and professional life with studies.