IFRS 17 Actuarial Modelling: 2-Day Training Course for ActuariesÂ
Join our IFRS 17 Actuarial Workshop in Toronto, Canada, designed for actuaries responsible for IFRS 17 actuarial modelling. Since its introduction, IFRS 17 has fundamentally changed how insurers measure liabilities, risk adjustments, reinsurance, and future cash flows. As a result, actuarial modelling now directly drives liability valuation, pricing decisions, and profitability assessment across insurance portfolios.
However, many insurers experienced unexpected or adverse outcomes after IFRS 17 implementation. These challenges often stemmed from modelling assumptions, methodological choices, and system design decisions. Consequently, actuarial teams are actively reviewing and refining their approaches to improve accuracy, transparency, and alignment with business objectives.
To address both pre- and post-implementation challenges, Shasat’s IFRS 17 Actuarial Modelling Course delivers focused, practical training. This intensive two-day programme therefore concentrates on the most critical IFRS 17 actuarial modelling issues observed across global insurance implementations. Participants build hands-on expertise in:
- Insurance contract classification and grouping under IFRS 17
- Cash flow modelling and projection techniques
- Risk adjustment methodologies and assumption setting
- Discounting approaches and yield curve construction
- Contractual Service Margin (CSM) mechanics and amortisation
- Reinsurance held arrangements and non-performance risk
In addition, the course explains how Solvency II and Solvency-II-like models interact with IFRS 17. Participants therefore learn where modelling approaches can align and where key differences must be actively managed. Ultimately, this ensures compliant, consistent, and decision-useful IFRS 17 actuarial reporting.
Key Learning Features
Led by an actuary, this program covers all the key aspects of IFRS 17 and will answer critical areas such as:
- Interpreting IFRS 17 financial statements and disclosures
- Understanding actuarial modelling fundamentals and key challenges
- Calculating and analysing the Contractual Service Margin (CSM)
- Applying risk adjustment methodologies and assumptions
- Modelling and managing future cash flows
- Reassessing claims reserves and insurance liabilities
- Translating actuarial results into financial insights
- Evaluating contractual structures and implications
- Addressing common IFRS 17 implementation challenges
- Strengthening actuarial controls and governance
- Applying concepts through practical exercises and case studies
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Global IFRS 17 Actuarial Training Schedule
Our program has been scheduled in multiple cities worldwide. For a comprehensive schedule and to find a program in your Country / City, please explore the following links. If you are interested in organizing this program in your city, we encourage you to contact us for collaboration opportunities and more information.
Online | London | Toronto | Bermuda | Sydney | Frankfurt | Singapore | Atlanta | Amsterdam | Seoul | Dubai | Doha | Cape Town | Rio de Janeiro | Zurich | Hong Kong | Jakarta | Brussels | Lima | Barcelona | Mexico | Sao Paulo | Santiago
For More Information
Please contact our customer service team for more information about this Training Course and to enroll. Our team is dedicated to providing you with excellent service and answering any questions you may have. We look forward to hearing from you and helping you take the next step in your professional development.
Instructor Bio
The course instructor will be one of our highly experienced
faculty members.
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Our Faculty: Expertise That Drives Success
Shasat is proud to have over 30 world-renowned faculty members, each an expert in their respective fields, who share their hands-on implementation experience through our technical and professional development programs. This IFRS 17 Actuarial Modelling Course is led by a well-known former Chief Actuary at one of Germany’s leading reinsurance companies, with deep expertise in complex actuarial modelling, liability valuation, and IFRS 17 measurement frameworks.
In his former role, the course leader was responsible for designing, validating, and governing large-scale actuarial models covering long-duration insurance and reinsurance portfolios across multiple jurisdictions. His work focused on cash flow projection models, risk adjustment methodologies, discounting approaches, and CSM mechanics, as well as the interaction between actuarial models, accounting outcomes, and capital frameworks.
The instructor has led and advised on IFRS 17 implementation and post-implementation optimisation programmes, supporting decisions on measurement models (BBA, PAA, VFA), assumption setting, reinsurance held modelling, and transition strategies. Through detailed case studies and real implementation examples, participants gain a practical, model-driven understanding of how actuarial choices directly influence financial results, disclosures, and regulatory outcomes under IFRS 17.
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Our Partners
Course Description
Module 1:Â IFRS 17 Statements
- Core Messages, Objectives Realignment
- Comparison with IFRS 4
- Alternative Performance Metrics
- Addressing Concerns and Onerous Businesses
- Case Study A:Â Interpreting Financial Statements
Module 2:Â Discounted Cashflows
- Non-Insurance Components Segregation
- Future Cash Flows Determination
- Time Value of Money Principles
- Yield Curve Impact and Liquidity Considerations
- Case Study B:Â Result Impact Exploration
Module 3:Â Options & Guarantees
- Policyholder Options Analysis
- Economic Scenario Generators
- Solvency II Insights
- Case Study C:Â Variable Cash Flow Examination
Module 4: Risk Adjustment
- Qualitative Assessment and Scenarios
- Diversification and Reinsurance Factors
- Case Study D:Â Comparative Analysis
Module 5:Â CSM Amortization & Coverage Units
- CSM Dynamics and Coverage Units
- Transition Insights
- Case Study E:Â CSM Roll-Forward Study
Module 6:Â Reinsurance Held
- Mismatches and Assumption Impacts
- Non-Performance Risk and Treaty Changes
- Case Study F:Â Reinsurance CSM Analysis
The course agenda provided herein is the proprietary intellectual property of Shasat. It is intended solely for the use of participants enrolled in the respective course. Any reproduction, distribution, or unauthorized use of this course agenda, in whole or in part, without the explicit written consent of Shasat, is strictly prohibited and may result in legal action.
All rights reserved. ©2025, Shasat
Why you must attend?
Embark on a transformative journey of actuarial mastery with our immersive 2-day workshop, “IFRS 17 Insurance Contract: Actuarial Understanding.” Designed by industry veterans, this program is laser-focused on equipping you with the intricate actuarial insights essential for navigating the complexities of IFRS 17. From dissecting statements to untangling risk adjustments and delving into contractual implications, every facet of this workshop is meticulously crafted to empower you with the actuarial prowess needed to excel. Immerse yourself in real-world case studies and emerge not just informed, but armed with the expertise to reshape your actuarial journey. Secure your spot now to unlock the unparalleled actuarial dimensions of IFRS 17.
Teaching methodology
The IFRS 17 workshop has been designed to provide a comprehensive and engaging approach to learning for all professionals, including actuaries, finance professionals, and anyone in the insurance industry. The teaching methodology includes:
- A user-friendly slide deck that presents the concepts, methodologies, and principles in a clear and concise manner, making the material easily accessible to all attendees.
- Interactive sessions featuring real-life case studies to provide hands-on experience and bring the material to life.
- Explanations of concepts and methodologies through the use of examples and distinct scenarios, allowing attendees to understand the material in context.
- Group exercises designed to illustrate accounting principles, encouraging collaboration and fostering a deeper understanding of the material.
- Discussions on GAAP differences, industry issues, and diversity in practices, providing attendees with a well-rounded understanding of the subject matter.
- Access to additional course material and handouts, ensuring attendees have a comprehensive reference resource to support their learning.
- An open and inclusive atmosphere that encourages attendees to ask questions and engage in discussion, ensuring a thorough understanding of the material.
Whether you are new to IFRS 17 or an experienced professional, the workshop offers a dynamic and engaging learning experience that will support your professional development.
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Who should attend?
 The IFRS 17 Program has been designed for a wide range of professionals, including:
- Actuaries and Underwriters
- Finance professionals and those involved in IFRS 17 implementation
- Internal and external auditors
- Risk managers
- Regulators and Solvency II professionals
- Capital market watch experts
- Market research analysts
- Rating agency professionals
While the IFRS 17 Program has been designed with specific actuarial focus in mind, it is also open to anyone who is interested in gaining a deeper understanding of IFRS 17 and its impact on the insurance industry. The program offers a comprehensive overview of the standard and its requirements, providing participants with the knowledge and skills they need to navigate the complex world of insurance accounting. Whether you are a seasoned professional or just starting out in your career, the IFRS 17 Program offers valuable insights and practical guidance to help you succeed. With a focus on real-world examples and case studies, the program is accessible and engaging for participants at all levels. So, no matter your background or experience, if you are interested in learning more about IFRS 17, this program is for you.
Feedback
Upon completion of the course, all delegates will receive an evaluation questionnaire aimed at gathering valuable feedback. This feedback is crucial to Shasat’s ongoing commitment to improving the quality of its learning solutions. By analyzing the trends in the responses, we are able to continuously enhance and refine our offerings to meet the evolving needs of our clients.
Venue & other info
Our training programs take place at the most prestigious professional training facilities in the city. Our venues have been meticulously chosen and expertly crafted to deliver an unparalleled and sophisticated learning experience. To further elevate your training journey, we will offer an array of refreshments including gourmet tea/coffee, delectable snacks, and a sumptuous lunch to sustain you throughout the course. Your comfort and satisfaction are of the utmost importance to us. One week before the program begins, you will receive comprehensive joining instructions that include the exact venue details.
Please note that accommodation arrangements are the responsibility of the attendee.
Workshop Delivery (Online Programs)
The workshop will be delivered via the WebEx platform. Upon registration, all participants will receive comprehensive joining instructions for the live workshop. This fully virtual event will encompass a live-streamed presentation, personalized networking opportunities, interactive Q&A sessions, engaging polls, and post-event consultation to address specific concerns and support your continued growth.
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In-Person Workshop
Please be advised that for all in-person training programs, joining instructions will be sent via email to registered participants one week prior to the program’s commencement. These instructions will provide comprehensive information regarding the venue location, date, and time, as well as other important details such as parking arrangements, dress code, and any necessary equipment or materials. Kindly ensure that you carefully review the joining instructions and follow the guidelines provided to ensure a smooth and well-organized experience during the program.
Changes to the conference
Shasat reserves the right, at its sole discretion, to make modifications to the format, speakers, participants, content, venue location, program, or any other aspect of the conference, at any time and for any reason, without incurring any liability. This policy has been implemented due to recent events such as the Covid-19 pandemic and other jurisdictional restrictions. These modifications may include but are not limited to, changes necessitated by a Force Majeure Event.
We are pleased to offer sponsorship opportunities for our training programs, providing companies with a unique platform to showcase their brand and services to a highly engaged and relevant audience. By becoming a sponsor, your organization will have the opportunity to build brand awareness, demonstrate thought leadership, and cultivate valuable relationships with industry professionals. Our programs offer a platform to reach a targeted audience and generate new business leads while showcasing your expertise. The benefits of sponsorship include increased brand exposure, opportunities to connect with key decision-makers, and a platform to promote your products and services. We invite you to take advantage of this prime opportunity and partner with us to enhance your visibility and impact within the industry.
We kindly request that you carefully review all of the terms and conditions outlined on our website. This information is critical in ensuring a clear understanding of our policies and procedures. Please follow the link provided to access this information.
Discover more about Shasat by exploring our “About Us” page, where you can gain insights into our company’s mission, values, and history, and learn how we can help you achieve your goals.
Payment
Enroll in our program with ease by choosing from our secure online payment options. You can make a payment through our website using PayPal or Stripe, or opt for a bank transfer, demand draft, or cheque payment. Our payment page will provide all necessary options during checkout. If you encounter any issues, our customer service team is here to assist you. Simply reach out to us with your selected course, and we’ll guide you through the payment process.
We kindly request that you take into consideration any associated bank fees when making your course fee payment. To ensure your participation in the program, payment must be received before the course date. Once we have received both payment and a completed registration form, we will confirm your enrollment in the program. Thank you for your understanding and cooperation.
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Group discount
Our company is proud to offer a group discount of 15% for organizations or individuals who book a course for 5 or more participants. To take advantage of this offer and receive a personalized group discount code, please reach out to our customer service desk at info@shasat.com. Our team will be delighted to assist you with the booking process and answer any questions you may have. With this group discount, you can invest in the professional development of your team and drive success for your organization. Don’t hesitate to contact us today to learn more.
CPD hours
Upon successful completion of the training course, each participant will receive a certificate of completion that attests to the number of hours spent in training and serves as a valuable representation of their dedication to professional development. The certificate is not only a symbol of their achievement but also serves as proof of continuous professional development (CPD) and demonstrates their commitment to staying current in their field. We believe that CPD is a crucial aspect of career advancement and personal growth, and are proud to provide our participants with this important document.
Enquiries
For further assistance, we invite you to contact our dedicated customer service team. Our experienced and knowledgeable representatives are available to answer any questions you may have and provide the support you need to make informed decisions. We are committed to ensuring that you have a positive experience and are here to help in any way we can. Please don’t hesitate to reach out to us at your convenience.
In-House Training
Enhance your team’s skills and drive success for your business with our custom In-house training program. Our tailored approach aligns with your specific business needs, offering a cost and time-efficient solution for upskilling your employees. This not only improves their productivity but also positions your company as a competitive force in the market. Transform your investment in employee development into tangible results by choosing our In-house training option. To discuss and learn more about our services, please don’t hesitate to contact our training desk. We’re ready to help you create a bespoke program that’s just right for you.
