CourseInsurance, Risk & Actuarial Data Applications open

Course in LATAM Regulation for Insured Mobility

Online course of 300 h in LATAM regulation for insured mobility. 6 modules covering Law 17.418 on Insurance (Argentina), the Law on Insurance and Surety Institutions (Mexico) and advanced Excel. Assigned tutor and open enrolment.

Duration300 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute certificate

Course in LATAM Regulation for Insured Mobility — studying from Singapore

Singapore is a major insurance and reinsurance hub in Asia, regulated by the Monetary Authority of Singapore. Engineering skills support risk modelling, catastrophe analysis, data analytics and actuarial work for insurers and reinsurers. The sector draws on data science and quantitative methods, with demand from insurers, brokers and risk consultancies. The city's financial ecosystem makes it a common base for global risk and actuarial teams.

Fees for Singapore: S$1,060 (Singapore dollar), with instalments and employer sponsorship available.

Relevant bodies in Singapore

  • Monetary Authority of Singapore (MAS)
  • Life Insurance Association Singapore
  • General Insurance Association of Singapore
  • Society of Actuaries in Singapore

Typical roles

  • Actuarial Analyst
  • Risk Data Scientist
  • Catastrophe Modelling Analyst
  • Insurance Analytics Consultant

Questions from Singapore

Will this qualification be recognised by professional bodies in Singapore?

SEIUM's qualifications are private, not official state degrees, and are not accredited by any national body. In Singapore, actuarial work is linked to the Singapore Actuarial Society, and insurance is regulated by the Monetary Authority of Singapore. Recognition of a private qualification is decided by employers or the relevant body, so confirm with them directly before you enrol.

How might this training be used by employers in Singapore?

Singapore's insurance, banking and risk functions employ people with analytical and data skills. An engineering-based risk and data programme may complement such roles, but it does not guarantee a position or a specific career outcome. Employers usually weigh professional exams, experience and demonstrated analytical ability, so your final project and work history will matter as much as the qualification title.

Can I study this alongside a full-time job, and can my employer help fund it?

Because the course is fully online and taught in English, you can study from Singapore without travelling, and no student visa is needed for online study. The workload is substantial, so plan carefully around your job. Fees can be paid in instalments, and employer sponsorship is possible; many Singapore companies support job-relevant study, so discuss it with your manager.

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.

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Learning outcomes

What you will be able to do

01

Describe the main insured mobility markets in Latin America.

02

Compare the insurance regulatory frameworks of Argentina, Mexico, Colombia, Chile and Peru.

03

Analyse the compulsory motor accident insurance schemes of the region.

04

Adapt products and distribution channels to local requirements.

05

Identify fraud patterns and claims management practices in the region.

06

Evaluate partnerships with local mobility platforms and operators.

07

Develop a regulatorily viable market entry plan for a mobility product.

Profile

Who it's for

  • Insurance regulatory analyst for Latin America who wants to specialise in LATAM regulation for insured mobility.
  • International expansion manager at an insurer who wants to specialise in LATAM regulation for insured mobility.
  • Product manager for mobility insurance who wants to specialise in LATAM regulation for insured mobility.
  • International insurance lawyer who wants to specialise in LATAM regulation for insured mobility.
  • Market entry consultant who wants to specialise in LATAM regulation for insured mobility.
  • Partnerships manager for mobility platforms who wants to specialise in LATAM regulation for insured mobility.
  • Engineering or science graduates seeking to join multinational insurers.
Standards & tools

What you'll work with

  • Law 17.418 on Insurance (Argentina)
  • Law on Insurance and Surety Institutions (Mexico)
  • Decree 663 of 1993, Organic Statute of the Financial System (Colombia, SOAT)
  • Law 18.490 (compulsory personal accident insurance, Chile)
  • Law 29946 on the Insurance Contract (Peru)
  • IAIS Insurance Core Principles (ICP)
Syllabus

6 modules · 300 h

  1. 1.1Diversity of markets and levels of maturity
  2. 1.2Insurance penetration and protection gap
  3. 1.3Vehicle fleet and loss ratios
  4. 1.4Informality and its effect
  5. 1.5Predominant distribution channels
  6. 1.6New mobility operators in the region
  7. 1.7Sector vocabulary and acronyms
  8. 1.8Information sources by country
  9. 1.9Macroeconomic and currency risks
  10. 1.10Exercise: comparing two markets
  1. 2.1Authorisation and supervision of insurers
  2. 2.2Compulsory motor insurance by country
  3. 2.3Solvency and capital regimes
  4. 2.4Distribution and intermediation regulations
  5. 2.5Financial consumer protection
  6. 2.6Data protection in the region
  7. 2.7Digital contracting requirements
  8. 2.8Insurance taxation
  9. 2.9Restrictions on foreign reinsurance
  10. 2.10Practice: regulatory map of one country
  1. 3.1Motor insurance products and their typical cover
  2. 3.2Microinsurance and low-cost products
  3. 3.3Embedded insurance on platforms
  4. 3.4Motorcycles and informal transport
  5. 3.5Fleets and freight transport
  6. 3.6Alternative channels and correspondents
  7. 3.7Cash payment and collection
  8. 3.8Persistency and portfolio lapse
  9. 3.9Customer financial education
  10. 3.10Practice: designing a product for a market
  1. 4.1Claims management in the region
  2. 4.2Network of workshops and suppliers
  3. 4.3Spare parts, imports and lead times
  4. 4.4Fraud and its control
  5. 4.5Remote loss adjusting and its adoption
  6. 4.6Customer service and channels
  7. 4.7Operational indicators
  8. 4.8Managing inflation in claim costs
  9. 4.9Complaints and conduct supervision
  10. 4.10Practice: operational protocol for a market
  1. 5.1Modes of market entry
  2. 5.2Partnerships with local operators
  3. 5.3Corporate structure and capital
  4. 5.4Political and regulatory change risk
  5. 5.5Currency and repatriation risk
  6. 5.6Compliance and anti-corruption
  7. 5.7Local talent and culture
  8. 5.8Business plan and scenarios
  9. 5.9Monitoring indicators
  10. 5.10Practice: market entry plan for a market
  1. 6.1Choice of country and segment
  2. 6.2Market and regulatory analysis
  3. 6.3Product and channel design
  4. 6.4Operating and claims model
  5. 6.5Risk analysis and mitigation
  6. 6.6Phased entry plan
  7. 6.7Economic model
  8. 6.8Monitoring indicators
  9. 6.9Project report
  10. 6.10Project defence
Methodology, software & labs

How you'll learn

100 % online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetable: students progress at their own pace within the intake, which makes it possible to combine the course with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is advanced Excel, Power BI, Guidewire PolicyCenter, Tableau, in free, academic or evaluation versions. The practical work draws on real procedures for the comparative analysis of compulsory vehicle insurance in several countries, and a case study on entering a Latin American market. Assessment is continuous by module, plus the final integrative project.

Accreditable laboratories(EN ISO/IEC 17025) with a rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-driven Master's Thesis: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:a safety-by-design approach, with cyber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

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

Choice of country and segment

Describe the main insured mobility markets in Latin America.

Market and regulatory analysis

Compare the insurance regulatory frameworks of Argentina, Mexico, Colombia, Chile and Peru.

Product and channel design

Analyse the compulsory motor accident insurance schemes of the region.

Operating and claims model

Adapt products and distribution channels to local requirements.

Risk analysis and mitigation

Identify fraud patterns and claims management practices in the region.

Career opportunities

Where this takes you

Insurance regulatory analyst for Latin AmericaInternational expansion manager at an insurerProduct manager for mobility insuranceInternational insurance lawyerMarket entry consultantPartnerships manager for mobility platforms
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 texts.

Ready to start?

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

FAQ

Frequently asked questions

The programme totals 300 hours, 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 advanced Excel, Power BI, Guidewire PolicyCenter and Tableau. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

An own SEIUM diploma on passing the continuous assessment and the integrative project. It is in-house training, not an official qualification from the Ministry.

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

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