ASSET
THE SOCIETY OF ACTUARIES
LIABILITY
NEXUS RISK MANAGEMENT
MANAGEMENT
Techniques and Practices
FACULTY
BOSTON, MASSACHUSETTS
The Westin Boston Waterfront
October 29, 2008
Complete five day event including Techniques and Practices with hands-on training, one day Master Class advanced programs followed by the ALM Seminar, a discussion of possible strategies to address the challenges faced by the insurance and pension industries.
Brochure
Cost: $5,750 USD
Register
Intensive hands-on training on ALM techniques, practices and advanced applications. Participants receive content-rich course materials along with valuable utilities and templates.
Pre-course material, assigned readings and a number of application exercises will be provided for the participant to cover outside of class time. Participants will also be trained to use several valuable utilities and templates that are yours to keep and provided as part of the course fee. Be prepared to roll up your sleeves!
Brochure Course Schedule
Cost: $4,300 USD
Register
Intensive hands-on training on ALM techniques, practices and advanced applications. Participants receive content-rich course materials along with valuable utilities and templates.
Pre-course material, assigned readings and a number of application exercises will be provided for the participant to cover outside of class time. Participants will also be trained to use several valuable utilities and templates that are yours to keep and provided as part of the course fee. Be prepared to roll up your sleeves!
Brochure Course Schedule
Cost: $4,300 USD
Register
DYNAMIC HEDGING MASTER CLASS
Nexus Risk Management and the Society of Actuaries invite you to join the internationally acclaimed Dynamic Hedging Master Class taught by Dr, K. (Ravi) Ravindran. This intensive one day event is conducted in a classroom setting provides hands on practice through case studies and application exercises and covers the key elements of executing a dynamic hedging program for equity-based guarantees.
WHAT YOU WILL GAIN
- Learn about hedging instruments and dynamic hedging techniques
- Practice advanced techniques for measuring risk exposure
- Formulate a dynamic hedging strategy to hedge equity-based guarantees
- Execute a hedge position
- Perform attribution analysis
- Quantify the cost of guarantees/embedded options
CONTENT RICH ON-SITE PACKAGE
- Course Manual and CD
- Excel Based Models and Tools
- Stochastic models
- Delta hedging simulator
- Dynamic hedging model
- Option pricing calculator
- Risk metrics and analytics to calculate Greeks
- VaR and CTE
- Case Study Material
- Production descriptions (guaranteed products)
- Stochastic models
- Illustrative liability cash flows and market data
- Group Assignments
Who Should Attend
- Chief Risk Officers
- Risk Managers
- Investment Professionals
- Actuaries
- Rating Agencies
- Analysts
Learn from the pioneer of Dynamic Hedging for Equity-Based products in North America
Dr. K. (Ravi) Ravindran, PH.D.
Dr. K. (Ravi) Ravindran is the founding principal of Annuity Systems Inc. and the former chief executive officer of RGA Financial Products. Ravindran works with companies worldwide in all aspects of the risk management process including trade execution and is known as the pioneer who applied derivatives-based hedging techniques from the capital markets to variable annuities.
NEXUS RISK MANAGEMENT INC.
Nexus Risk Management provides risk optimization asset management
solutions to the financial services industry. More information about Nexus Risk Management Inc. is available at www.nexusriskmanagement.com.
SOCIETY OF ACTUARIES
The Society of Actuaries is a nonprofit professional society of more
than 18,000 members involved in the modeling and management of
financial risk and contingent events. The mission of the SOA is to
advance actuarial knowledge and enhance the ability of actuaries to
provide expert advice and relevant solutions for financial, business and
societal problems involving uncertain future events. www.soa.org
Course Schedule
Cost: $1,450 USD
Register
Advanced one day programs providing over seven hours of hands-on applications and case studies. Two master classes are offered concurrently for 2008:
Dynamic Hedging teaches the key elements of executing a dynamic hedging program to hedge equity-based guarantees and provides hands-on practice through case studies and application exercises.
Interest Rate Models teaches stochastic modeling techniques and diffusion processes for interest rates and provides hands-on practice to build, calibrate and use interest rate models.
Brochure Course Schedule
Cost: $1,450 USD
Register
The risk management landscape is changing rapidly. Greater recognition of risk exposure and more sophisticated techniques to measure and control risk are resulting in new regulation, new capital requirements, new account standards, and new Solvency II framework. Asset Management has fundamentally changed as a result. Innovative ALM strategies are being called upon to address the some of greatest challenges faced by the insurance and pension industries:
- implementation of Solvency II
- unhedged in-the-money embedded derivatives in insurance liabilities
- volatile solvency ratios and contribution rates in pension plans
- fixed income assets not available to match long liability cash flows
- interest rates at historic low
Join your colleagues and listen as leading experts and money managers discuss their solutions.
Brochure Course Schedule
Cost: $1,350 USD
Register
The risk management landscape is changing rapidly. Greater recognition of risk exposure and more sophisticated techniques to measure and control risk are resulting in new regulation, new capital requirements, new account standards, and new Solvency II framework. Asset Management has fundamentally changed as a result. Innovative ALM strategies are being called upon to address the some of greatest challenges faced by the insurance and pension industries:
- implementation of Solvency II
- unhedged in-the-money embedded derivatives in insurance liabilities
- volatile solvency ratios and contribution rates in pension plans
- fixed income assets not available to match long liability cash flows
- interest rates at historic low
Join your colleagues and listen as leading experts and money managers discuss their solutions.
Brochure Course Schedule
Cost: $1,350 USD
Register
