This interest comes as a result of the directions requested by the leaders of this country. The insurance diploma was prepared in the Department of Management Technology in accordance with the needs of the local labor market for this specialty. Training in this program is conducted on specialized skills in insurance to meet the essential need of the Saudi insurance market with specialists in this field, especially in insurance and reinsurance companies.
Development of insurance products, either in the field of general insurance or protection and savings insurance. Finding innovative methods and methods to deal with the problems and challenges of the insurance and reinsurance sector in the Kingdom. The course deals with the origin, development and characteristics of social insurance, basic characteristics of social insurance, the main mathematics of social insurance, social insurance financing systems, methods of social insurance financing, benefits.
The course is about explaining the basics of the different reinsurance contracts and explaining the differences between them and the practice. This course focuses on the basic and cognitive skills of the technical operations of insurance companies, including underwriting, marketing, pricing, loss settlement, claims and investments, and whoever conducts them in insurance companies.
Detailed Description of the specialization courses
This course introduces the basic skills that help in understanding risk and insurance in terms of definition of risk, mathematics of hazards, definition of risk management, necessary steps to manage risks, how to manage risks, methods and methods of managing hazards. This course aims to provide the trainee with the basic skills to know the protection and savings insurance and the characteristics of notifying persons and the characteristics of the protection and savings insurance documents and the difference between the protection and unitary savings insurance and between the traditional life insurance and group life insurance in the Saudi insurance market. 8 Attributes for protection and savings insurance risks in the insurance and savings insurance documents.
Units (theoretical and practical) Training hours Theoretical Practice The concept, origin and evolution of the dangers of civil liability 3 0. This course focuses on the evolution of the emergence of cars, the risks they are exposed to, and their insurance policies , auto risk insurance and pricing, factors influencing pricing, claims settlement and auto insurance documents in the Saudi insurance market. Suleiman Al-Hudif, Mamdouh Hamza, Imad Ismail, Development of the cooperative health insurance system in the Kingdom of Saudi Arabia.
The course covers the origin, development and characteristics of social insurance, the basic characteristics of social insurance, the main mathematics of social insurance, financing systems of social insurance, financing methods of social insurance, the benefits of the social insurance system and mathematics of social insurance. This course aims to teach the trainee the basic skills of the concept of reinsurance, how to complete it between insurance companies and their benefits, factors affecting the absorptive capacity of the direct insurance company and the different ways of reinsurance between insurance companies. The course clarifies the fundamentals of the basic functions and technical operations of insurance companies, which are of great importance within insurance companies.
This course highlights all the operations that insurance companies perform based on the calculation of pricing documents (the nature of pricing in insurance companies and the difference in pricing in them from pricing in other industries - how to calculate pricing or risk premium. The course must include and the various expenses that are added - different types of pricing and who is the chartered actuary doing the pricing). Clarification of the subscription (its definition - its goals the basic principles of subscription - phases of the subscription process). A topic in any aspect of insurance is chosen to follow developments in the insurance labor market.
Annexes and References
Oral exams
An assessment tool is used during a variety of educational and training situations to elicit an oral response from the participant to a specific question or topic. The purpose of this tool is to test the trainee's ability to use their prior information and how to gather and organize it for an oral presentation. This tool is one of the group brainstorming methods based on oral discussion to support or reinforce an idea.
This tool, in addition to being an assessment tool, can be used to develop and strengthen the trainee's expressive skills and to improve their listening and dialogue skills and their self-confidence. Oral presentation and participation in discussion when presenting training examples or presenting the work and activities carried out by the group or trainee. The assessment tool is used in a variety of educational and training situations in which paper and pen are used to elicit written responses from the trainee on a specific question or topic.
It is intended to test the trainee's ability to use their previous information and the way to collect and arrange it to be presented in written pictures. These are exams and activities that the trainee performs in the classroom (lesson or workshop) and with direct follow-up from the trainer, and the work that the trainer prepares and prepares to perform in the classroom, including the exams. Objective Exams: The concept of objective exams is determined by how far they are from the term subjectivity in dealing with graded evaluation in a way no different from the different ones.
- Practical performance
Some of the questions are open-ended, while some essay questions are limited-response. It is the written work and the activities that the intern performs outside the classroom situation, which are works, questions or information that the intern collects from external sources or through observation or performance of specific skills with the aim of enriching his knowledge and training him in div . skills such as solving homework, writing reports, doing research and taking notes. In both parts (recognition and actual performance) the note is used to evaluate the trainee.
The observation can be documented using the score sheet and this card is a documentation of the different parts of the job, its steps and skills. The evaluator places a specific signal or report before each step or part that indicates the amount of mastery of the trainee in the performance and the time it took to implement. Othman and Mahmoud, Mohamed Abdel-Mawla, Zeinab Hassan Mahmoud (2016), risk and insurance studies, theoretical and practical foundations, Ghobashy Publications, Tanta - Egypt.
AL-Balkini, Mohamed Tawfiq (2015), Insurance and its Mathematics - Anden udgave, The Golden Eagle for Printing - Cairo. Zastawniak, Capinski Tomasz ( 2003) Mathematics for Finance: An Introduction to Financial Engineering - Springer-Verlag London Limited 2003. Rotar, Vladimir I ( 2015 ) Actuarial Models : The Mathematics of Insurance, Second Edition , Taylor & Francis Group L.LC.
Othman, Mohamed Abdel-Mawla (2016), Financial Mathematics and Its Commercial Applications in Financing and Investment Operations - Ghobashy Publishing - Tanta, Arab Republic of Egypt. Jaaeel, Al-Soufi Jamal, Ashraf (2011), Financial Sports - Hajj Lakhdar University – Batna, College of Economics, Commerce and Management Sciences,. Sedky, Mohamed Salah El-Din: Principles in Theories of Financial Mathematics and Their Application to Financial and Commercial Operations, Arab Renaissance House - 1979, Cairo.
