A tailored course, built for your situation
Deep Command of IFRS 17 Implementation Frameworks
Master the technical architecture, disclosure logic, and actuarial alignment behind compliant financial reporting under IFRS 17
$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.
Complexity in translating IFRS 17 requirements into consistent financial narratives
The situation this course is for
Practitioners face pressure in aligning actuarial models with accounting outputs, often leading to inconsistent disclosures or delayed sign-offs due to cross-functional misalignment.
Who this is for
Early-career professional in insurance or financial services navigating IFRS 17 reporting demands with cross-functional exposure
Who this is not for
Senior actuaries who have led multiple IFRS 17 implementations or finance directors with final sign-off authority
What you walk away with
- Full working knowledge of IFRS 17 measurement models: premium allocation, LAA, and GMM
- Ability to map disclosure requirements to internal data flows and actuarial processes
- Confidence in contributing to IFRS 17 implementation roadmaps and transition planning
- Clear articulation of IFRS 17 impacts to non-actuarial stakeholders
- Reusable templates for risk adjustment, CSM tracking, and sensitivity disclosures
The 12 modules (with all 144 chapters)
Module 1. IFRS 17 Foundations
Establish core terminology, scope, and applicability across insurance contracts. Understand the shift from IFRS 4 and legacy reserving practices.
12 chapters in this module
- What IFRS 17 replaces
- Scope of insurance contracts
- Identifying substantive renewals
- Distinction from IFRS 4
- Transition date options
- Full vs modified retrospective
- Coverage units explained
- Contract boundary definition
- Variable fee approach basics
- Explicit risk margins
- Time value of money inputs
- Discount rate selection
Module 2. Measurement Models Overview
Compare the Three Models: GMM, LAA, PAA. Learn when each applies and their impact on P&L volatility.
12 chapters in this module
- General Measurement Model
- Conditions for LAA use
- Premium Allocation Approach
- GMM versus LAA trade-offs
- PAA eligibility criteria
- Impact on income smoothing
- Profit recognition timing
- Fulfillment cash flows
- Risk adjustment methods
- Discounted vs undiscounted
- Inflation adjustments
- Currency alignment
Module 3. Current Exit Value Logic
Break down the components of fulfillment cash flows and understand how to justify risk adjustments.
12 chapters in this module
- Definition of exit value
- Probability weighting
- Confidence level selection
- Risk margin methodologies
- Cost of capital approach
- Unbundling reinsurance
- Adjusting for market conditions
- Liquidity premiums
- Catastrophe risk loading
- Sensitivity testing
- Peer benchmarking
- Regulator expectations
Module 4. Contract Service Margin
Track CSM formation, release, and adjustments across coverage periods.
12 chapters in this module
- CSM initialization
- CSM release patterns
- CSM adjustments for changes
- Loss components
- Acquisition cost capitalization
- Amortization schedules
- Release to P&L
- CSM recovery events
- Impact of renewals
- CSM vs UPR comparison
- Negative CSM handling
- CSM reconciliation
Module 5. Presentation and Disclosure
Structure financial statements and notes to meet transparency and comparability goals under IFRS 17.
12 chapters in this module
- Income statement layout
- Balance sheet items
- Disclosure note structure
- Sensitivity analysis
- Reconciliation templates
- Segment reporting
- Geographic breakdowns
- Materiality thresholds
- Actuarial certification needs
- External auditor alignment
- Peer comparison tables
- Regulator disclosure checklist
Module 6. Transition Planning
Navigate options between full retrospective, modified, and practical expedients.
12 chapters in this module
- Data availability assessment
- Reliance on IFRS 4 reserves
- Use of deemed cost
- Operational readiness
- Timeline mapping
- Stakeholder alignment
- Actuarial system updates
- Finance integration
- IT data pipelines
- Documentation trail
- Audit trail requirements
- Internal sign-off workflow
Module 7. Actuarial System Alignment
Integrate actuarial models with general ledger outputs and ensure model governance.
12 chapters in this module
- Model validation framework
- Version control
- Input assumptions registry
- Governance committee role
- System of record designation
- Run frequency alignment
- Data reconciliation points
- Model risk assessment
- Documentation standards
- Change control process
- Parallel runs
- Model certification
Module 8. Cross-Functional Coordination
Align actuarial, finance, underwriting, and compliance teams on reporting rhythm and definitions.
12 chapters in this module
- Defining ownership
- Steering committee setup
- Reporting calendar
- Disclosure review cycle
- Assumption approval
- Underwriting feedback loop
- Claims experience input
- Reinsurance impact
- FX translation handling
- Legal entity roll-up
- Jurisdictional variation
- Local GAAP reconciliation
Module 9. Internal Controls Framework
Design controls around data integrity, model inputs, and disclosure accuracy.
12 chapters in this module
- Control mapping to COSO
- Input validation rules
- Automated checks
- Segregation of duties
- Review workflows
- Version sign-off
- Audit trail maintenance
- Change logging
- Model exception handling
- Error correction process
- Control testing
- SOX alignment
Module 10. External Audit and Review
Prepare for auditor scrutiny on assumptions, models, and disclosure completeness.
12 chapters in this module
- Auditor information packs
- Model inspection readiness
- Assumption justification
- Peer benchmarking
- Sensitivity documentation
- Disclosure completeness
- Gap analysis
- Comment resolution
- Management response
- Prior period adjustments
- Audit committee reporting
- Follow-up timelines
Module 11. Narrative Communication
Translate technical outcomes into clear executive summaries and investor messaging.
12 chapters in this module
- Executive summary template
- Investor Q&A prep
- Trend explanation
- Volatility context
- Actuarial uncertainty framing
- Comparison to peers
- Regulatory context
- Impairment signals
- Capital impact summary
- Management commentary
- Press release alignment
- Stakeholder FAQs
Module 12. Future-Proofing and Updates
Stay ahead of amendments, interpretations, and local regulator guidance.
12 chapters in this module
- IASB update tracking
- IFRIC interpretations
- Local regulator guidance
- Implementation timelines
- Amendment impact assessment
- Communication plan
- Model updates
- System patching
- Training refresh
- Internal advisory group
- Feedback loop to IASB
- Regulator consultation response
How this maps to your situation
- When transitioning from IFRS 4
- During actuarial model calibration
- Before external audit review
- Ahead of investor reporting
Before vs. after
Before
Uncertain about how IFRS 17 shapes financial disclosures and actuarial inputs
After
Confident in contributing to IFRS 17 reporting with precise, defensible frameworks aligned to global standards
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: Approximately 18 hours over 6 weeks, with self-paced access and downloadable references.
If nothing changes
Without structured knowledge, practitioners risk misalignment with actuarial teams, delayed financial closes, or inconsistent disclosures under regulatory scrutiny.
How this compares to the alternatives
Unlike generic IFRS 17 overviews, this course delivers structured command over implementation mechanics, decision logic, and cross-functional coordination , not just theory but operational patterns used by leading insurers.
Frequently asked
Is this course technical enough for actuaries?
It provides a strong foundation but is designed for non-actuarial professionals needing fluency in IFRS 17 logic, not for lead actuaries building models.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help with audit preparation?
Yes , you’ll gain templates and checklists used in audit-facing teams for disclosure completeness and assumption justification.
$199 one-time. Approximately 18 hours over 6 weeks, with self-paced access and downloadable references..
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