NATIONAL INSURANCE ACADEMY

PUNE

 

P708- FINANCE FOR NON-FINANCE OFFICIALS (LIFE)

(Exclusively for LIC of India)

 Learning Objectives:

 Finance Management is an important primary activity of every Insurance Organisation. Therefore, it is very essential that the employees of the organisation at all levels and in all functional areas possess reasonable knowledge of the different avenues for investment available in the market. This programme has been developed to impart sufficient understanding of the financial investments, financial systems and the relevant regulation thereof, in the country.  It shall also enhance the capability of the officers to evaluate the relative differences in the yields expected on these competitive opportunities and thus improve their effectiveness in their respective area of operation.

  Contents:

     Post Pandemic Economic Scenario

     Financial statement analysis/Critical ratios

     Financial arithmetic

     Understanding financial markets, institutions, intermediaries, products

     Insurance investments and Regulatory Provisions

     ULIPs and Mutual Funds

     Awareness on the IPO Process

     Financial Planning/Personal Financial Planning

     Insurance Accounts/IND-AS/GAAP/IFRS & Solvency in Life Insurance

     Cash Flow and Fund Flow Statements

 Participants Profile:  

 

    All Non finance Officials in the cadres AO/ADM/DM.

    DO/ZO Officials to be nominated by HRD department of Zonal Offices.

    CO Officials to be nominated by CO HRD as per recommendations of concerned CO HOD. 

 Duration:  2 days

 Dates: 23.11.2021 - 24.11.2021