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P364 – PROGRAMME ON FINANCIAL AWARENESS (LIFE)
Background The
paradigm shift in the selling pattern of life insurance products from the
conventional ones to the financial ones has changed the face of
life insurance companies in India in last 4-5 years.
Customer preferences have undergone dramatic changes in favour of
quicker and higher returns on their policies rather than going for safety
of investments and pure risk oriented Plans.
Hence there is a
paramount need for the
managers in the life insurance industry to understand the Financial
markets, the nifty sensex, retail financial products, finance
arithmetic etc. They have to
appreciate the characteristics of the products in terms of return, risk,
liquidity and tax benefits. This
background leads to the organizing of
programmes on Financial awareness.
This programme also covers servicing aspect of product link to financial market
Objective · To develop the ability to read and understand financial statements ·
To
assess company performance by interpreting financial data · To understand the process that generates financial data · To familiarise with the different types of financial reports, cash flow, and investment analyses · To understand the financial tools used to evaluate financing and investment decisions ·
To
assess company performance by interpreting financial data ·
To
understand the implications of capital markets, Financial
markets and retail financial products ·
To do
the analysis of market risk elements arising during the process. · And to appreciate the need for building flexibility for reshuffling the investment portfolio in case of market needs.
Contents ·
Economic
environment and investment ·
Financial
planning process ·
Life
insurance as Financial product ·
Retail
Financial products ·
Financial
arithmetic ·
Understanding
capital markets ·
Market
research ·
Data
analysis and interpretation ·
Mutual
fund products ·
Business
intelligence · ULIP Analysis · NAV Calculation · Financial Statement Analysis · Ratio Analysis · Reading Financial News Paper & Interpretations Participants Profile Officers in the cadre of ADM and above - Marketing Managers/ Chief Managers/ /Manager (sales)/ Manager (PMR)/ Manager (ULIP)/ officers from investment dept., Central Office
Duration: 3 days
Dates: I) 19.05.2008 - 21.05.2008 II) 03.07.2008 - 05.07.2008 III) 11.09.2008 - 13.09.2008 IV) 06.10.2008 - 08.10.2008 V) 25.12.2008 - 27.12.2008 VI) 09.02.2009 - 11.02.2009
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