AIAF 112—Insurance Information Systems

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Bottom-Line Benefits

  • Increase operational efficiency by understanding accounting’s role with respect to data flows, the accounting cycle, and the information processing cycle
  • Improve system planning and data administration by learning the effect of insurance activity cycles
  • Improve effectiveness of budgeting, management, and statistical reporting as well as data security, system controls, and auditing

Level: Advanced

AIAF 112 Topics:

  • An Overview of Insurance Information Systems
  • Data and Information Flows
  • System Planning
  • Data Administration
  • Insurance Activity Cycles I: Premiums
  • Insurance Activity Cycles II: Losses, Reserves, and Reinsurance
  • Insurance Activity Cycles III: Treasury, Investment, Payroll, and Nonpayroll Expenditure
  • Budgeting
  • Management Reporting
  • Statistical Reporting
  • Data Security and Integrity
  • System Controls
  • Auditing

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