Course in Financial Innovation in Mobility Reinsurance
300-hour online course in financial innovation in mobility reinsurance. 6 modules covering Directiva 2009/138/CE (Solvency II), Reglamento Delegado (UE) 2015/35 (risk-mitigation techniques) and Aon ReMetrica. Dedicated tutor and open enrolment.
Take the controls.
Run a real engineering trade-off from this programme. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Describe the financial innovations applied to reinsurance.
Design structured solutions for mobility portfolios.
Analyse parametric products and their basis risk.
Explain the role of investors and alternative capital vehicles.
Quantify the effect on capital and results of a structure.
Assess legal, accounting and counterparty risks.
Propose a governance model for financial innovation.
Who it's for
- Reinsurance structurer who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Alternative capital analyst who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Reinsurance actuary who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Mobility product manager who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Capital management lead who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Reinsurance broker who wants to specialise in Financial Innovation in Mobility Reinsurance.
- Engineering or science graduates looking to enter reinsurance.
What you'll work with
- Directive 2009/138/EC (Solvency II)
- Delegated Regulation (EU) 2015/35 (Risk Reduction Techniques)
- Implementation Regulation (EU) 2015/462 (Special Purpose Vehicles)
- IFRS 17
- Principles of Reinsurance Contract Law (PRICL)
- Law 20/2015 (LOSSEAR)
6 modules · 300 h
1.1Limits of traditional reinsurance1.2New needs of mobility operators1.3Alternative capital and its entry1.4Hybrid instruments1.5Parametric products and their role1.6Multi-year solutions1.7Sector vocabulary and acronyms1.8Real innovation versus relabelling1.9Factors driving innovation1.10Exercise: identify an unmet need
2.1Multi-year aggregate covers2.2Experience and profit-sharing accounts2.3Result stabilisation covers2.4Transfer of portfolios in development2.5Capital and financing solutions2.6Risk transfer test2.7Rating risk as financing2.8Accounting and prudential treatment2.9Communication to the supervisor2.10Practice: design a structured solution
3.1Choice of parameter and data source3.2Basis risk and its management3.3Trigger and payout design3.4Application to fleets and platforms3.5Service interruption due to event3.6Speed of payment as a value3.7Validation with historical data3.8Communication to the end client3.9Regulation applicable to the product3.10Practice: design a parametric product
4.1Collateralised reinsurance4.2Vehicles with institutional investors4.3Catastrophe bonds applied to mobility4.4Investor expectations and horizon4.5Transparency and investor reporting4.6Collateral management4.7Liquidity and exit4.8Cost compared with traditional reinsurance4.9Structure risks4.10Practice: compare sources of capacity
5.1Analysis of whether the innovation solves the problem5.2Legal and interpretation risk5.3Operational risk of the structure5.4Reputational risk5.5Governance of product approval5.6Actuarial and legal validation5.7Training of sales teams5.8Performance monitoring5.9Decision to continue or withdraw5.10Practice: product approval file
6.1Choice of client need6.2Design of the proposed solution6.3Actuarial and basis risk analysis6.4Accounting, prudential and legal analysis6.5Source of capacity and its cost6.6Validation and approval plan6.7Launch and monitoring plan6.8Success indicators6.9Project report6.10Project defence
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, making it compatible with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Aon ReMetrica, WTW Igloo, Python (NumPy), Bloomberg Terminal, in free, academic or evaluation versions. Case studies draw on real procedures for structuring financial reinsurance solutions, designing parametric fleet coverage and assessing capital relief. Assessment is continuous by module plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Describe the financial innovations applied to reinsurance.
Design structured solutions for mobility portfolios.
Analyse parametric products and their basis risk.
Explain the role of investors and alternative capital vehicles.
Quantify the effect on capital and results of a structure.
Where this takes you
Requirements
- No prior qualification is required.
- Internet connection and a computer capable of running the programme's software.
- A level of Spanish sufficient to follow technical regulatory texts.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme totals 300 hours spread over 3 to 5 months. That is between 10 and 15 hours a week on average, compatible with full-time work.
You will work with Aon ReMetrica, WTW Igloo, Python (NumPy), Bloomberg Terminal. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
An SEIUM Institute own diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official qualification from the Ministry.
Yes. Modules passed in a course or Postgraduate Diploma in the same area are credited towards the higher-level programme. Check the recognition policy when you enrol.
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