Credential Curriculum

Advanced Construction of Catastrophe Models

  • Advanced considerations in determining model fit to experience given historical experience
  • Methods in addressing and modeling hazards not included in CSCR curriculum (e.g. Flood, Tsunami, Life/ Workers Comp, Pandemic, Volcano, Casualty, Cyber, etc.)
  • Special vulnerabilities not considered in CSCR curriculum (e.g. modeling for custom classes of business)
  • Customizing models to create your own view of risk. This includes frequency customizations and severity customizations
  • Communicating customizations to stake holders and third parties (how and why the adjustments were made)

Advanced Use of Models in Catastrophe Management

  • Risk measures
  • Pricing and portfolio management: risk metrics, use in pricing, capacity and capital allocation
  • Cat models and the risk transfer process
  • ILW, Cat bonds, Traditional, Hedge fund, etc.
  • Structures
  • Parametric, Index, Single/Multi peril etc. and how cat models fit into design, marketing, pricing etc.
  • Special considerations related to the use of cat model output in regulated product rate filings
  • Special considerations related to the use of cat model output in reinsurance placement and pricing