A tailored course, built for your situation
Mastering ORSA for Insurance Risk Officers
A step-by-step guide to building risk assessments that align with strategic goals and regulatory expectations
$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.
Risk assessments that feel disconnected from strategy or too technical for leadership buy-in
The situation this course is for
Many risk officers still operate in silos, technical teams flag exposures, actuarial teams model financial impact, and strategic planning moves independently. ORSA was built to bridge that gap, but without a clear, repeatable method, outputs remain fragmented, diluting influence and delaying alignment.
Who this is for
Insurance risk officer or actuarial leader responsible for internal risk reporting, regulatory compliance, and strategic alignment with enterprise objectives
Who this is not for
Entry-level analysts or external auditors looking for audit checklists rather than strategic frameworks
What you walk away with
- Produce ORSA reports that are consistently requested by executive leadership
- Lead cross-functional risk workshops with confidence and structure
- Anticipate regulatory follow-ups with pre-built, documented logic flows
- Build a recognized personal brand as the go-to strategist on integrated risk
- Deliver assessments that directly inform capital allocation decisions
The 12 modules (with all 144 chapters)
Module 1. ORSA Fundamentals and Enterprise Context
Understand the origins of ORSA, its role within NAIC requirements, and how it differs from traditional risk reporting by linking technical, operational, and strategic exposures.
12 chapters in this module
- Defining ORSA within the insurance risk lifecycle
- Mapping ORSA to NAIC’s ORSA Guidance Manual
- The difference between ERM and ORSA outputs
- How ORSA supports strategic planning cycles
- Regulatory expectations vs. internal utility
- Common misconceptions about ORSA scope
- Linking ORSA to capital adequacy assessments
- ORSA’s role in board-level communication
- Benchmarking against peer insurer filings
- Integrating actuarial models into ORSA inputs
- Aligning ORSA timing with financial reporting
- Setting expectations for internal stakeholders
Module 2. Risk Identification and Categorization
Build a repeatable method for identifying and classifying risks across technical, operational, financial, and strategic domains.
12 chapters in this module
- Structured risk identification techniques
- Using threat modeling for operational risks
- Categorizing risks by impact and velocity
- Integrating third-party risk inventories
- Mapping legacy systems to risk profiles
- Incorporating cybersecurity incident logs
- Quantifying intangible risk factors
- Documenting risk ownership clearly
- Maintaining dynamic risk registers
- Aligning categories with NAIC risk buckets
- Prioritizing risks for deeper analysis
- Versioning risk identification outputs
Module 3. Scenario Development and Stress Testing
Design credible, leadership-relevant scenarios that test resilience under adverse conditions.
12 chapters in this module
- Principles of effective scenario design
- Building narratives around cyber breaches
- Modeling pandemic-like operational disruptions
- Stress testing supply chain dependencies
- Financial modeling under market shocks
- Estimating recovery time and cost
- Linking scenarios to capital buffers
- Validating assumptions with actuarial teams
- Presenting scenarios to non-technical leaders
- Updating scenarios based on new threats
- Storing scenario logic for reuse
- Documenting scenario assumptions clearly
Module 4. Risk Aggregation and Interdependencies
Map how risks cascade and amplify across business units and technical systems.
12 chapters in this module
- Visualizing risk interdependencies
- Modeling risk contagion effects
- Quantifying second-order impacts
- Identifying single points of failure
- Aggregating across risk types systematically
- Using heat maps for executive visibility
- Assessing risk concentration thresholds
- Integrating vendor dependencies
- Factoring in geographic exposure
- Accounting for regulatory timelines
- Calculating combined risk exposure
- Communicating aggregation results clearly
Module 5. Capital Adequacy and Liquidity Stress
Link risk scenarios to financial models and capital planning decisions.
12 chapters in this module
- Translating risk events into capital needs
- Modeling liquidity under stress
- Assessing reinsurance recovery assumptions
- Estimating loss distributions by event type
- Calculating stress impacts on reserves
- Benchmarking against Solvency II standards
- Integrating market volatility models
- Validating capital models with finance teams
- Documenting capital stress logic
- Presenting capital needs to CFO office
- Updating assumptions quarterly
- Aligning capital views with ORSA timelines
Module 6. Risk Tolerance and Appetite Frameworks
Define clear risk thresholds that guide decision-making across the organization.
12 chapters in this module
- Defining risk tolerance vs. appetite
- Setting quantitative risk limits
- Documenting risk appetite statements
- Gaining executive sign-off on thresholds
- Communicating limits to business units
- Integrating appetite into underwriting
- Linking thresholds to performance metrics
- Adjusting for strategic shifts
- Reviewing tolerance after major incidents
- Storing approved appetite documents
- Creating escalation paths for breaches
- Updating appetite annually
Module 7. Risk Monitoring and Key Indicators
Design early-warning systems that detect emerging risks before they escalate.
12 chapters in this module
- Designing effective risk indicators
- Linking KPIs to risk categories
- Setting threshold alerts
- Integrating ETL pipelines for data flow
- Validating data quality for indicators
- Automating dashboard updates
- Reducing false positives in monitoring
- Documenting indicator logic
- Reviewing indicators quarterly
- Incorporating peer benchmarking
- Aligning with actuarial reporting cycles
- Escalating anomalies effectively
Module 8. Regulatory and Strategic Alignment
Ensure ORSA outputs meet NAIC expectations while serving internal strategy.
12 chapters in this module
- Mapping ORSA to NAIC filing requirements
- Aligning with state regulator expectations
- Preparing for ORSA validation visits
- Documenting regulatory assumptions
- Incorporating feedback from prior cycles
- Balancing transparency with confidentiality
- Using ORSA to inform strategic pivots
- Feeding insights into long-range planning
- Linking risk findings to product decisions
- Sharing outputs with reinsurance partners
- Updating strategy post-ORSA review
- Archiving completed filings
Module 9. Cross-Functional Collaboration
Lead ORSA development with input from actuarial, IT, legal, and operations teams.
12 chapters in this module
- Creating cross-functional ORSA teams
- Defining roles in the ORSA process
- Facilitating interdepartmental workshops
- Resolving conflicting risk views
- Integrating legal compliance inputs
- Gathering IT risk inventories
- Working with vendor risk teams
- Documenting collaboration decisions
- Maintaining stakeholder calendars
- Escalating unresolved conflicts
- Recognizing team contributions
- Standardizing input templates
Module 10. Documentation and Audit Readiness
Produce ORSA outputs that pass internal and external scrutiny.
12 chapters in this module
- Structuring ORSA documentation packages
- Version control for all inputs
- Storing assumptions and rationale
- Creating audit trails for decisions
- Preparing for internal audit review
- Incorporating legal review cycles
- Redacting sensitive information
- Maintaining secure access logs
- Documenting approval workflows
- Retaining records per policy
- Training new staff on documentation
- Automating checklist completion
Module 11. Executive Communication and Storytelling
Turn technical risk assessments into compelling narratives for leadership.
12 chapters in this module
- Crafting executive summaries
- Using visuals to communicate risk
- Telling the story of emerging threats
- Simplifying technical jargon
- Aligning tone with leadership style
- Anticipating follow-up questions
- Presenting trade-offs clearly
- Using real-world analogies
- Building credibility through consistency
- Gathering feedback on presentations
- Iterating based on leadership input
- Archiving presentation materials
Module 12. Continuous Improvement and Future-Proofing
Refine ORSA over time to stay ahead of evolving threats and expectations.
12 chapters in this module
- Establishing ORSA feedback loops
- Benchmarking against industry leaders
- Updating assumptions post-incident
- Incorporating new regulatory guidance
- Adopting emerging risk modeling tools
- Training junior staff on ORSA
- Documenting lessons learned
- Scheduling annual process reviews
- Integrating AI risk forecasting
- Planning for climate risk scenarios
- Expanding to new risk domains
- Maintaining institutional knowledge
How this maps to your situation
- Delivering first ORSA submission
- Strengthening internal credibility
- Facing regulator review
- Leading cross-functional risk integration
Before vs. after
Before
ORSA feels like a compliance exercise disconnected from real strategy
After
ORSA becomes a trusted, repeatable process that shapes capital decisions and elevates your influence
What's included with your purchase
- 12 modules with 12 chapters each (144 chapters total)
- 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 on a Sunday morning
If nothing changes
Without a structured approach, ORSA remains reactive, missing the chance to position you as the firm’s strategic risk leader and leaving critical exposures unconnected to business decisions.
How this compares to the alternatives
Generic risk courses teach frameworks in isolation; this course delivers ORSA as a living, strategic practice, integrated with actuarial models, technical risk data, and executive decision-making.
Frequently asked
Is this aligned with NAIC ORSA requirements?
Yes, every module maps directly to NAIC’s ORSA Guidance Manual and common regulator expectations.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Can I use this if I’m not the primary ORSA filer?
Absolutely, this builds the expertise to lead or influence the process, regardless of your current role in it.
$199 one-time. 90 minutes on a Sunday morning.
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