Apply now
CourseInsurance, Risk & Actuarial Data Applications open

IFRS 17 Course in Mobility Insurance

300-hour online course in IFRS 17 for mobility insurance. 6 modules covering IFRS 17 Insurance Contracts, Regulation (EU) 2021/2036 (adoption of IFRS 17) and SAP FPSL. Dedicated tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate
Enrol now View syllabus Ask an advisor
Virtual lab · try it before you enrol

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.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Explain the scope and principles of IFRS 17.

02

Apply the general measurement model to mobility contracts.

03

Determine when the premium allocation approach is applicable.

04

Calculate the risk adjustment and the contractual service margin.

05

Prepare the presentation and disclosure information.

06

Reconcile accounting figures with those under Solvency II.

07

Plan the implementation of the standard within an entity.

Profile

Who it's for

  • IFRS 17 specialist who wants to specialise in IFRS 17 in mobility insurance.
  • Reporting actuary who wants to specialise in IFRS 17 in mobility insurance.
  • Accountant at insurance companies who wants to specialise in IFRS 17 in mobility insurance.
  • Financial controller who wants to specialise in IFRS 17 in mobility insurance.
  • Insurance auditor who wants to specialise in IFRS 17 in mobility insurance.
  • Accounting implementation consultant who wants to specialise in IFRS 17 in mobility insurance.
  • Engineering or science graduates looking to enter motor and mobility insurance.
Standards & tools

What you'll work with

  • IFRS 17 Insurance Contracts
  • Regulation (EU) 2021/2036 (adoption of IFRS 17)
  • IFRS 9 Financial Instruments
  • IAS 1 Presentation of Financial Statements
  • IFRS 7 Financial Instruments: Disclosures
  • Royal Decree 1317/2008 (Accounting plan for insurance entities)
  • Directive 2009/138/CE (Solvency II)
Syllabus

6 modules · 300 h

  1. 1.1Objective and scope of the standard
  2. 1.2What is an insurance contract for accounting purposes
  3. 1.3Separation of components
  4. 1.4Level of aggregation and groups of contracts
  5. 1.5Initial recognition
  6. 1.6Onerous contracts and their treatment
  7. 1.7Sector vocabulary and acronyms
  8. 1.8Differences with previous practice
  9. 1.9Effect on the financial statements
  10. 1.10Exercise: classifying contracts into groups
  1. 2.1Building blocks: cash flows, discounting, adjustment and margin
  2. 2.2Estimation of future cash flows
  3. 2.3Discount rates and their construction
  4. 2.4Non-financial risk adjustment
  5. 2.5Contractual service margin
  6. 2.6Subsequent measurement and release of the margin
  7. 2.7Changes in estimates and their recognition
  8. 2.8Loss component
  9. 2.9Acquisition cash flows
  10. 2.10Practice: initial measurement of a group
  1. 3.1Premium allocation approach
  2. 3.2Requirements for applying it
  3. 3.3Short-duration and mobility contracts
  4. 3.4Variable fee approach
  5. 3.5Contracts with direct participation features
  6. 3.6Reinsurance held and its particularities
  7. 3.7Losses and their recovery under reinsurance
  8. 3.8Choice of accounting policy
  9. 3.9Significant judgements to disclose
  10. 3.10Practice: applying the simplified approach
  1. 4.1Statement of financial position
  2. 4.2Insurance service result
  3. 4.3Insurance finance result
  4. 4.4Option to disaggregate the finance result
  5. 4.5Required reconciliations
  6. 4.6Quantitative and qualitative disclosures
  7. 4.7Comparability between entities
  8. 4.8Interaction with the financial instruments standard
  9. 4.9Management indicators and their redefinition
  10. 4.10Practice: building a reconciliation
  1. 5.1Required data and its granularity
  2. 5.2Systems and calculation models
  3. 5.3Controls and process governance
  4. 5.4Period-end close and deadlines
  5. 5.5Audit and evidence
  6. 5.6Team training
  7. 5.7Communication with investors and the market
  8. 5.8Effect on products and decisions
  9. 5.9Lessons from the transition
  10. 5.10Practice: period-end control plan
  1. 6.1Selecting the mobility portfolio
  2. 6.2Classification and aggregation of contracts
  3. 6.3Choosing the measurement approach
  4. 6.4Calculating the measurement building blocks
  5. 6.5Presentation and reconciliations
  6. 6.6Proposed disclosures
  7. 6.7Data and controls plan
  8. 6.8Management indicators
  9. 6.9Project report
  10. 6.10Project defence
Methodology, software & labs

How you'll learn

Fully 100 % online training on the SEIUM Institute campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, making it easy to combine with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is SAP FPSL, FIS Prophet, Aptitude Accounting Hub, advanced Excel, in free, academic or evaluation versions. Tests are studied using real procedures for calculating the contractual service margin, premium allocation approach cases, and reconciliation between IFRS 17 and Solvency II. Assessment is continuous per module, plus the final integrating project.

Accredited laboratories(EN ISO/IEC 17025) with rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-driven final project:safety case, test plan, compliance dossier and operational limits.
Industry mentoring:lecturers with experience in training, , eVTOL/UAM and flight test.
Flexible format:(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:safety-by-design approach, cyber-OT, DIH and compliance as core pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Selecting the mobility portfolio

Explain the scope and principles of IFRS 17.

Classification and aggregation of contracts

Apply the general measurement model to mobility contracts.

Choosing the measurement approach

Determine when the premium allocation approach is applicable.

Calculating the measurement building blocks

Calculate the risk adjustment and the contractual service margin.

Presentation and reconciliations

Prepare the presentation and disclosure information.

Career opportunities

Where this takes you

IFRS 17 SpecialistReporting ActuaryInsurance Company AccountantFinancial ControllerInsurance AuditorAccounting Implementation Consultant
Admissions & scholarships

Requirements

  • No prior degree is required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient Spanish to follow technical regulatory reading.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

Apply now Scholarships
FAQ

Frequently asked questions

The programme comprises 300 hours in total, spread over 3 to 5 months. That is between 10 and 15 hours per week on average, compatible with a full-time job.

You will work with SAP FPSL, FIS Prophet, Aptitude Accounting Hub and advanced Excel. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

An SEIUM Institute diploma upon passing the continuous assessment and the integrating project. This is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the advanced programme. Check the credit transfer policy when you enrol.

Keep exploring

Related programmes

See all in Insurance, Risk & Actuarial Data
Course610 $

Course in Actuarial Data Visualisation with BI

Online 300-hour course in actuarial data visualisation with BI. 6 modules covering ASOP No. 41 (actuarial communications), TAS 100 (technical actuarial principles, FRC) and Power BI.…

300 hOnlineInsurance, Risk & Actuarial Data
Course720 $

Automotive Cyber Insurance Course

300 h online course in cyber insurance for the automotive sector. 6 modules covering UN Regulation No. 155 (vehicle cybersecurity), ISO/SAE 21434 (cybersecurity engineering for road…

300 hOnlineInsurance, Risk & Actuarial Data
Course720 $

Course in Risk Correlation in Global Reinsurance

Online 300-hour course in risk correlation in global reinsurance. 6 modules covering Delegated Regulation (EU) 2015/35 (correlation matrices of the standard formula), Directive 2009/138/EC (Solvency II)…

300 hOnlineInsurance, Risk & Actuarial Data
IFRS 17 Course in Mobility InsuranceEnrol
Related programmes

More in Insurance, Risk & Actuarial Data

Course in Underwriting Autonomous Vehicle PoliciesView programme →Course in Actuarial Models for Parametric InsuranceView programme →Course on Emerging Regulations in Safe MobilityView programme →Course in Data Analytics for Shared Mobility InsuranceView programme →Course in NFTs in Collector Vehicle InsuranceView programme →Course in International Regulatory Risk AssessmentView programme →

All Insurance, Risk & Actuarial Data programmes → · How to apply · Fees & financing · Scholarships

Scroll to Top
SEIUM – Institute of Advanced Engineering
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.