Course in Insurance Transparency and International Reporting
Online 300-hour course in insurance transparency and international reporting. 6 modules covering IFRS 17 (insurance contracts), Directive 2009/138/EC (Solvency II: SFCR and RSR) and Workiva. Assigned tutor and open enrolment.
Course in Insurance Transparency and International Reporting — studying from Australia
Australia has a mature insurance and superannuation sector, with major insurers, reinsurers and financial institutions relying heavily on actuarial analysis and risk modelling. Engineers and data specialists contribute to catastrophe modelling, telematics-based pricing and claims analytics, particularly given the country's exposure to bushfire, flood and cyclone risk. The regulatory environment is shaped by prudential oversight and consumer protection frameworks. Employers include general and life insurers, consultancies, reinsurance firms and government risk agencies.
Fees for Australia: A$1,270 (AUD), with instalments and employer sponsorship available.
Relevant bodies in Australia
Typical roles
Questions from Australia
Does this programme lead to recognition by the Actuaries Institute or another Australian professional body?
SEIUM qualifications are private and are not accredited by the Actuaries Institute, Engineers Australia or any national body. The Actuaries Institute sets its own examination and membership requirements, which a private qualification does not replace. Recognition for any role is decided by the employer or the relevant body, so confirm their requirements before enrolling.
Which Australian insurers and risk employers might consider this training?
Insurers, reinsurers, banks, consultancies and risk management teams in Australia employ people with data and risk skills. Whether they consider a private engineering qualification relevant depends on the role and their own hiring policy. Your demonstrated skills, portfolio and final project are often what matter most to them.
Is the course manageable while working, and can my employer fund it?
Yes, the programmes are delivered entirely online in English, with an assigned technical tutor, so you can fit study around work from Australia. Fees can be paid in instalments, and employer sponsorship is possible. Check the total hours for your chosen programme and agree a realistic weekly schedule before you start.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Understand the objectives and users of an insurance undertaking's reporting.
Interpret financial statements under IFRS 17 and IFRS 9.
Prepare the main contents of the SFCR report and the quantitative templates.
Reconcile accounting figures with those of the Solvency II balance sheet.
Prepare sustainability information in line with CSRD and ESRS.
Design controls and governance for the reporting process.
Communicate the financial and risk position transparently to different audiences.
Who it's for
- Financial reporting technician in insurance who wishes to specialise in Insurance transparency and international reporting.
- Solvency II regulatory reporting analyst who wishes to specialise in Insurance transparency and international reporting.
- Sustainability information specialist who wishes to specialise in Insurance transparency and international reporting.
- Auditor of insurance undertakings who wishes to specialise in Insurance transparency and international reporting.
- Insurance company controller who wishes to specialise in Insurance transparency and international reporting.
- Supervisory relations manager who wishes to specialise in Insurance transparency and international reporting.
- Graduates in engineering or sciences seeking to enter insurance companies.
What you'll work with
- IFRS 17 (insurance contracts)
- Directive 2009/138/EC (Solvency II: SFCR and RSR)
- Directive (EU) 2022/2464 (CSRD)
- IFRS 9 (financial instruments)
- IFRS S1 and IFRS S2 (ISSB, sustainability and climate-related information)
- Delegated Regulation (EU) 2023/2772 (ESRS standards)
- Regulation (EU) 2020/852 (taxonomy)
6 modules · 300 h
1.1For whom reporting is prepared: supervisor, market and customer1.2Types of reporting and their purpose1.3Financial and non-financial information1.4International financial reporting framework1.5Solvency and financial condition reporting1.6Information for the public and the market1.7Sector vocabulary and acronyms1.8Data quality and its governance1.9Common reporting errors1.10Exercise: inventory of an undertaking's reports
2.1International standard on insurance contracts2.2Measurement of contracts and their models2.3Contractual service margin2.4Presentation of results and comparability2.5Transition and restatement2.6Interaction with financial instruments standards2.7Judgements and estimates to be disclosed2.8Audit of financial statements2.9Communication to the market2.10Practice: critical reading of a financial statement
3.1Quantitative solvency requirements3.2Periodic reporting templates3.3Own risk and solvency assessment report3.4Report to the supervisor and the public3.5Reporting calendar and deadlines3.6Data quality and validation3.7Interaction between prudential and accounting reporting3.8Group supervision3.9Common supervisory findings3.10Practice: structure of a report to the supervisor
4.1European sustainability reporting legislation4.2Reporting standards and double materiality4.3Taxonomy and associated metrics4.4Disclosure for financial products4.5Required data and how to obtain it4.6Independent assurance4.7Risk of unfounded claims4.8Integration with financial reporting4.9Information governance4.10Practice: index of a sustainability report
5.1Responsibilities and internal controls5.2Data traceability back to source5.3Automation of the reporting process5.4Reconciliations between reports5.5Error management and restatements5.6Relationship with internal and external audit5.7Team training5.8Reporting quality indicators5.9Continuous improvement of the process5.10Practice: control plan for the reporting process
6.1Choice of undertaking and scope6.2Inventory of reporting obligations6.3Diagnosis of the current process6.4Design of controls and traceability6.5Automation plan6.6Verification and audit plan6.7Quality indicators6.8Implementation plan6.9Project report6.10Project defence
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Workiva, CCH Tagetik, Arelle (XBRL), advanced Excel, Power BI, in free, academic or evaluation versions. Case studies are based on real procedures for preparing a report on financial and solvency position, reconciliation between IFRS 17 statements and the Solvency II economic balance sheet, and review of a sustainability report under ESRS. Assessment is continuous, module by module, plus the final integrative project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Understand the objectives and users of an insurance undertaking's reporting.
Interpret financial statements under IFRS 17 and IFRS 9.
Prepare the main contents of the SFCR report and the quantitative templates.
Reconcile accounting figures with those of the Solvency II balance sheet.
Prepare sustainability information in line with CSRD and ESRS.
Where this takes you
Requirements
- No prior degree required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient Spanish to follow technical regulatory texts.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme comprises 300 hours in total, spread over 3 to 5 months. That is an average of 10 to 15 hours per week, compatible with a full-time job.
The course works with Workiva, CCH Tagetik, Arelle (XBRL), advanced Excel and Power BI. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
A SEIUM own diploma on passing the continuous assessment and the integrative project. It is in-house training, not an official Ministry qualification.
Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the advanced programme. Please consult the credit transfer policy when you enrol.
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