A tailored course, built for your situation
Standing invitation to the ORSA review sessions
Become the internal reference for ORSA alignment across capital, risk, and strategic planning
$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.
Who this is for
Senior D&O underwriter at a global insurer, embedded in risk-significant decisions, seeking greater influence in strategic capital and risk governance forums
Who this is not for
Entry-level underwriters, auditors focused on SOX compliance, professionals outside insurance risk capital frameworks
What you walk away with
- Consistent inclusion in ORSA review sessions as a contributor, not just a data provider
- Clear, framework-grounded articulation of D&O risk in capital planning terms
- Documented positioning on key ORSA assumptions and risk thresholds
- Cross-functional credibility with actuarial, finance, and risk teams
- Structured input templates used across underwriting for ORSA response cycles
The 12 modules (with all 144 chapters)
Module 1. ORSA fundamentals in practice
Ground your understanding of ORSA’s role in capital adequacy, risk aggregation, and forward-looking assessment within the NAIC framework.
12 chapters in this module
- What ORSA replaces in legacy reporting
- Core components of the ORSA summary report
- Risk categories included in enterprise view
- Time horizons used in stress testing
- How ORSA differs from annual statutory filing
- Regulatory expectations from the NAIC ORSA guidance
- Integration with company actuarial models
- Alignment with internal risk appetite statements
- Capital adequacy under stress scenarios
- Frequency of ORSA updates and triggers
- Documentation standards for exam readiness
- Common gaps examiners flag
Module 2. D&O risk in the enterprise risk map
Position D&O exposure accurately within the broader risk inventory and capital allocation model.
12 chapters in this module
- Mapping D&O to risk categories
- Correlation with other liability lines
- Tail risk characteristics of D&O
- Aggregation challenges with cybersecurity
- Scenario weights used in modeling
- Loss emergence patterns in claims
- Impact of litigation trends on severity
- Underwriting cycle position indicators
- Reserving uncertainty and IBNR
- Reinsurance recovery assumptions
- Capital charge methodologies
- Sensitivity to market volatility
Module 3. Linking underwriting decisions to risk appetite
Frame portfolio actions within the company’s defined risk tolerance bands.
12 chapters in this module
- Risk appetite statement structure
- Tolerance bands by risk type
- Risk limit escalation paths
- Exposure tracking frequency
- Threshold breach definitions
- Reporting obligations when limits approached
- Underwriting discretion within bands
- Approval levels for appetite exceptions
- Documentation for ORSA reviewers
- Linking pricing to risk appetite
- Monitoring concentration risk
- Role of underwriter in self-reporting
Module 4. Contributing to the ORSA narrative
Shape the written and verbal story of risk across the organization.
12 chapters in this module
- Structure of the ORSA summary report
- Executive summary drafting tips
- Describing D&O risk trends clearly
- Using scenario analysis to illustrate risk
- Connecting risk to strategic goals
- Avoiding boilerplate language
- Highlighting emerging risks
- Quantitative vs qualitative content
- Review cycle timing benchmarks
- Stakeholder input integration
- Peer examples of clear narratives
- Common weaknesses in submissions
Module 5. Preparing for the review session
Enter the room with documented positions and anticipated questions.
12 chapters in this module
- Typical agenda for ORSA meetings
- Key attendees and their goals
- Pre-work expected of contributors
- Data packages submitted in advance
- Presentation format expectations
- Common lines of inquiry
- How to defend assumptions
- Responding to challenge questions
- Follow-up action tracking
- Escalation paths for unresolved items
- Time allocation per topic
- Post-meeting summary responsibilities
Module 6. Articulating D&O risk assumptions
Defend modeling choices with clarity and precedent.
12 chapters in this module
- Loss distribution selection rationale
- Tail event calibration methods
- Credibility weighting for data
- Use of external benchmark data
- Parameter uncertainty ranges
- Expert judgment documentation
- Sensitivity testing approach
- Scenario overlay techniques
- Correlation assumptions with E&O
- Treatment of silent cyber exposures
- Management layer impact on limits
- Actuarial review sign-off process
Module 7. Building cross-functional credibility
Earn recognition as a trusted partner beyond underwriting.
12 chapters in this module
- Finance team expectations on data
- Actuarial standards for submissions
- Risk management’s review criteria
- Legal’s role in risk disclosure
- Compliance monitoring thresholds
- Internal audit testing scope
- How capital teams use risk inputs
- Strategic planning assumptions
- Earnings volatility attribution
- Board-level summary expectations
- Executive committee priorities
- Escalation protocols for issues
Module 8. Documenting input for repeatable use
Create reusable artefacts that compound across cycles.
12 chapters in this module
- Template structure for submissions
- Version control approach
- Change tracking for assumptions
- Reusable narrative blocks
- Data certification process
- Ownership of inputs
- Storage location standards
- Access control settings
- Review cycle checklist
- Automated reminders setup
- Integration with workflow tools
- Archiving after submission
Module 9. Influencing scenario design
Shape the stress tests that determine capital outcomes.
12 chapters in this module
- Scenario development process
- Historical events used as baselines
- Tail event selection criteria
- Correlation between risk types
- Severity calibration methods
- Frequency adjustment factors
- Time horizon alignment
- Plausibility testing
- Management action assumptions
- Reinsurance recovery assumptions
- Economic variable dependencies
- Approval of final scenario set
Module 10. Responding to examiner feedback
Turn regulatory input into stronger future submissions.
12 chapters in this module
- Common NAIC feedback themes
- Tone and framing of responses
- Evidence required to close items
- Timeline for follow-up
- Ownership of response drafting
- Coordination across teams
- Linking feedback to process changes
- Updating assumptions post-review
- Training others on changes
- Tracking resolution status
- Inclusion in next ORSA cycle
- Lessons learned documentation
Module 11. Scaling influence across risk domains
Extend ORSA engagement to adjacent strategic forums.
12 chapters in this module
- Enterprise risk committee structure
- Strategic planning cycle timing
- Capital planning integration points
- Reinsurance committee input
- M&A due diligence support
- Product launch risk review
- Market exit scenarios
- Regulatory change impact
- Cyber risk aggregation
- Climate risk linkage
- Supply chain exposure
- Geopolitical risk adjustments
Module 12. Sustaining influence over time
Embed your role into ongoing governance rhythms.
12 chapters in this module
- Annual ORSA cycle calendar
- Quarterly check-in expectations
- Mid-cycle update triggers
- Ad hoc session protocols
- Stakeholder communication rhythm
- Succession planning for input
- Onboarding for new contributors
- Knowledge transfer templates
- Performance metrics for impact
- Recognition from leadership
- External benchmarking use
- Innovation in risk presentation
How this maps to your situation
- When preparing for the next ORSA submission
- After receiving examiner feedback
- During actuarial model reviews
- Before strategic planning sessions
Before vs. after
Before
ORSA engagement is reactive, fragmented, and limited to data submission
After
You are consistently included in planning, shape the narrative, and influence capital decisions
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: Approximately 3 hours per module, designed for integration into regular workflow
How this compares to the alternatives
Generic ERM courses lack D&O-specific positioning; live workshops don’t provide reusable templates; internal training stops at data submission without influence-building structure.
Frequently asked
Is this course focused on Solvency II or NAIC ORSA?
This course is focused on NAIC ORSA, as required for AIG’s U.S. operations and domestic regulatory reporting.
How is the course structured?
12 modules, each containing 12 chapters (144 chapters total).
Will this help me speak to actuarial teams more effectively?
Yes, the course includes precise terminology, documentation standards, and alignment frameworks used in actuarial risk modeling.
$199 one-time. Approximately 3 hours per module, designed for integration into regular workflow.
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