A tailored course, built for your situation
Mastering IFRS 17 for Insurance Finance Practitioners
Build audit-ready financial reporting frameworks with precision and executive clarity
$199 one-time
24-hour access provisioning
30-day money-back guarantee
Hand-built implementation playbook
12 modules. 12 chapters per module. 144 chapters total.
12 modules, each with 12 chapters (144 chapters total), text-based, plus downloadable templates and a hand-built implementation playbook delivered alongside course access.
Financial reports that get questioned, delayed, or sent back for rework during leadership review cycles
The situation this course is for
Even accurate IFRS 17 outputs can get caught in review loops if they don’t match leadership’s expectations for clarity, structure, or traceability. Minor gaps in documentation or framing can trigger rework, delay reporting cycles, and keep critical insights from reaching decision-makers on time.
Who this is for
Insurance finance professionals in global institutions who own or contribute to IFRS 17 reporting cycles and seek greater influence in how results are presented and received
Who this is not for
Entry-level analysts who don’t own reporting narratives, or executives who consume but don’t produce IFRS 17 outputs
What you walk away with
- Produce IFRS 17 financial narratives that pass internal review with minimal back-and-forth
- Structure disclosures so leadership can quickly grasp key drivers and assumptions
- Build reusable templates anchored in IFRS 17 technical requirements and real audit patterns
- Gain confidence in presenting complex valuation changes with clarity and authority
- Position yourself as the go-to practitioner for clean, credible, and timely reporting
The 12 modules (with all 144 chapters)
Module 1. IFRS 17 Overview and Core Principles
Establish a solid foundation in the standard’s objectives, scope, and key definitions, focusing on how it reshapes insurance contract accounting.
12 chapters in this module
- Understanding the objectives of IFRS 17 standard
- Scope of insurance contracts covered under IFRS 17
- Key definitions:履约现金流量, contract boundary, and coverage units
- Comparison with previous accounting standards
- Impact on financial statement presentation
- Role of probability weighting in measurement
- Treatment of investment components
- Overview of transition methods
- First-time adoption considerations
- Interaction with local regulatory frameworks
- Common misinterpretations to avoid
- Practitioner checklist for initial scoping
Module 2. Building the Building Block Model
Walk through the mechanics of the general model and how to implement it consistently across portfolios.
12 chapters in this module
- Structure of the Building Block formula
- Estimating fulfillment cash flows
- Determining discount rates for liabilities
- Incorporating risk adjustment methodologies
- Calculating contractual service margin
- Allocating CSM over service periods
- Adjusting for experience and assumptions
- Handling acquisition cash flows
- Treatment of investment contracts
- Interplay with reinsurance contracts
- Documentation standards for auditors
- Template for recurring calculation workflows
Module 3. The Premium Allocation Approach
Identify when PAA applies and how to apply it correctly within shorter-duration portfolios.
12 chapters in this module
- Eligibility criteria for Premium Allocation Approach
- When PAA simplifies reporting requirements
- Calculating liability for remaining coverage
- Calculating liability for unearned coverage
- Recognizing profit over time under PAA
- Comparing PAA outputs to general model
- Audit expectations on PAA justification
- Disclosure depth required under PAA
- Common errors in PAA implementation
- Transitioning from old standards using PAA
- Documentation trail for reviewers
- Checklist for validating PAA application
Module 4. Variable Fee Approach and Investment Contracts
Handle investment-linked contracts with variable fees using the VFA model.
12 chapters in this module
- Identifying investment contracts with variable fees
- Application of the Variable Fee Approach
- Measuring investment component separately
- Contractual service margin under VFA
- Recognition of fees over service period
- Impact on profit and loss reporting
- Disclosure requirements for VFA contracts
- Treatment of changes in fees
- Interaction with fund performance
- Auditor scrutiny points on VFA
- Comparison with similar insurance contracts
- Worked example: Universal life-type policy
Module 5. Transition Guidance and Practical Application
Navigate the options for transitioning to IFRS 17 and apply them to real portfolios.
12 chapters in this module
- Overview of full retrospective approach
- Modified retrospective method explained
- Practical expedient: portfolio approach
- Determining transition date elections
- Handling incomplete historical data
- Developing assumptions for prior periods
- Offsetting gains and losses on transition
- Disclosure of transition impacts
- Common pitfalls in transition projects
- Time-saving templates for transition
- Audit expectations on methodology
- Checklist for transition documentation
Module 6. Disclosures and Narrative Framing
Create narratives that make technical outputs accessible to non-specialists.
12 chapters in this module
- Mandatory disclosures under IFRS 17
- Summary of significant accounting policies
- Reconciliation of opening and closing balances
- Assumption sensitivity analysis
- Risk exposure breakdown
- Contractual service margin rollforward
- Narratives that explain valuation changes
- Tailoring detail for leadership audience
- Avoiding information overload
- Using visuals to support disclosures
- Linking assumptions to business drivers
- Template for executive-facing summaries
Module 7. Systems and Data Infrastructure
Design data workflows that support repeatable, audit-ready outputs.
12 chapters in this module
- Core data elements required by IFRS 17
- Actuarial model integration
- Integration with general ledger
- Version control for assumptions
- Automating cash flow projections
- Data governance for compliance
- Handling currency translation
- Scalability of reporting architecture
- Audit trail requirements
- Validation points in processing
- Error handling and correction paths
- Blueprint for end-to-end system flow
Module 8. Internal Controls and Audit Readiness
Strengthen controls so outputs are trusted the first time they are reviewed.
12 chapters in this module
- Identifying key control points
- Segregation of duties in reporting
- Automated vs. manual controls
- Documentation for SOX alignment
- Audit testing procedures
- Common findings in IFRS 17 audits
- Evidence retention standards
- Versioning of models and outputs
- Review cycles with compliance teams
- Checklist for pre-audit readiness
- Handling auditor inquiries
- Improving response speed over time
Module 9. Management Reporting and Executive Briefings
Translate technical results into insights for leadership decision-making.
12 chapters in this module
- Identifying leadership information needs
- Summarizing profit emergence patterns
- Highlighting assumption sensitivity
- Presenting quarterly variance analysis
- Explaining reserve movements
- Framing impact of new business
- Use of dashboards and visuals
- Avoiding technical jargon
- Anticipating leadership questions
- Template for monthly reporting
- Building credibility with consistency
- Responding to follow-up queries
Module 10. Reinsurance Accounting under IFRS 17
Apply IFRS 17 to reinsurance contracts and their impact on net position.
12 chapters in this module
- Scope of reinsurance under IFRS 17
- Measurement of reinsurance assets
- Gain or loss on inception
- Contractual service margin for reinsurer
- Coverage units in reinsurance
- Risk adjustment for residual risks
- Transfers of credit risk
- Disclosures for reinsurance contracts
- Interaction with capital models
- Audit scrutiny points
- Worked example: treaty reinsurance
- Checklist for reinsurance reporting
Module 11. Intercompany Alignment and Cross-Functional Coordination
Align IFRS 17 work across actuarial, finance, and compliance teams.
12 chapters in this module
- Mapping responsibilities across teams
- Creating unified assumption-setting process
- Synchronizing reporting calendars
- Version control across departments
- Resolving interdepartmental disagreements
- Standardizing definitions and terms
- Meeting templates for alignment
- Handling regulatory vs. group reporting
- Communication protocols
- Documentation standards
- Reducing cycle-time through coordination
- Checklist for cross-functional readiness
Module 12. Future-Proofing and Ongoing Compliance
Stay ahead of emerging interpretations and implementation challenges.
12 chapters in this module
- Monitoring IFRS Interpretations Committee
- Tracking amendments and updates
- Common implementation challenges
- Peer benchmarking approaches
- Internal training for new team members
- Knowledge transfer strategies
- Updating systems for scalability
- Feedback loops from auditors
- Versioning of playbooks and templates
- Annual review of assumptions
- Preparing for future reporting cycles
- Building organizational capability
How this maps to your situation
- IFRS 17 implementation for insurance finance roles
- Audit and internal control requirements
- Executive communication of technical results
- Cross-functional coordination in financial reporting
Before vs. after
Before
IFRS 17 outputs that get questioned or delayed during leadership reviews
After
Confident, audit-ready financial narratives that gain visibility and trust
What's included with your purchase
- 12 modules with 12 chapters each (144 chapters)
- Downloadable templates and worked examples for every module
- Hand-built implementation playbook delivered alongside course access
- 30-day money-back guarantee
Delivery and format
- Course and learning environment access provisioned within 24 hours of purchase
- Hand-built implementation playbook delivered alongside course access
Format: Text-based modules and chapters in the Art of Service learning environment, plus downloadable templates and worked examples for every chapter, plus the hand-built implementation playbook delivered alongside course access.
Time investment: 90 minutes per week for 12 weeks, or accelerate at your own pace
If nothing changes
Without structured IFRS 17 reporting frameworks, even accurate work may be overlooked or require rework, limiting your influence during critical review cycles.
How this compares to the alternatives
Unlike generic IFRS 17 overviews, this course focuses on producing clean, leadership-ready narratives and audit-defensible outputs tailored to practitioners in global financial institutions.
Frequently asked
Is this course suitable for someone who is not a certified actuary?
Yes. The course is designed for finance professionals involved in IFRS 17 reporting, regardless of actuarial certification.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will I receive practical templates I can use at work?
Yes. Each module includes downloadable templates and worked examples tailored to real-world IFRS 17 reporting scenarios.
$199 one-time. 90 minutes per week for 12 weeks, or accelerate at your own pace.
Within 24 hours your account in the learning environment is provisioned and the tailored implementation playbook is delivered alongside it.
30-day money-back guarantee·
144 chapters·
Hand-built playbook included·
Account access within 24 hours