Insurance Management

Major: Finance, Banking and Insurance
Code of subject: 7.072.00.O.003
Credits: 5.00
Department: Finance
Lecturer: PhD, associate professor Horyslavets Pavlo
Semester: 1 семестр
Mode of study: денна
Мета вивчення дисципліни: Training of specialists of a high level of qualification in the field of financial management of insurance organizations, which will provide them with competitive advantages in employment both within Ukraine and in other countries, due to the formation of students of modern economic thinking and a system of special knowledge in the field of insurance management, assimilation by students of the main theoretical provisions and the development of the necessary practical skills that allow to effectively carry out this activity in insurance companies and to build contractual relations with consumers of insurance services, the state, and other counterparties.
Завдання: Ability to identify, pose and solve problems taking into account the available resources. Ability to make informed decisions. Interpersonal skills. The ability to work and perform work in a team, performing a leading, leadership role, demonstrating a clear understanding of the connections between one's responsibilities and the tasks of the team and the organization. Ability to motivate people and move towards a common goal. Ability to set goals, direct efforts to priority areas of work, persistence in achieving the goal; responsibility for the quality of work performed; initiative and entrepreneurial spirit; ability to report on work done. Ability to work in an international context (acquiring skills and experience working in international and multicultural groups). The ability to act on the basis of ethical considerations (motives). Ability to use theoretical and methodological tools for diagnostics and modeling of financial activities of business entities. Ability to apply managerial skills in finance, banking and insurance. Ability to develop technical tasks for the design of information systems in the field of finance, banking and insurance. Ability to perform scientific research in the field of finance, banking and insurance, taking into account the tasks and existing limitations. The ability to adapt and implement international standards and regulations in the practical activities of corporations in terms of managing assets, capital, investments, financial results, financial risks.
Learning outcomes: To know at the level of the latest achievements the main concepts and methodologies of scientific knowledge in the field of finance, banking and insurance. Adapt and modify existing scientific approaches and methods to specific situations of professional activity. To solve ethical dilemmas based on the norms of the law, ethical principles and universal human values Apply management skills in finance, banking and insurance. Carry out diagnostics and modeling of financial activities of economic entities. Apply in-depth knowledge in the field of financial, banking and insurance management for decision-making. To present the results of one's own research, in particular, by preparing scientific publications and speaking at scientific events. Apply conceptual knowledge of the methodology of researching problems of financial relations at enterprises, organizations and institutions. Choose methods of adaptation and ways of using international standards and regulations in the practical activities of a professional in the field of finance. Choose and apply theoretical and applied methods and models of anti-crisis management in the field of finance, banking and insurance. Apply promising scientific directions of financial operations management in the international movement of capital and make strategic decisions of financial market participants in complex, unpredictable conditions. Take into account the impact of the situation on international financial markets when planning the capital structure and portfolio of financial investments.
Required prior and related subjects: prerequisites: - co-requisites: financial management; financial services market; modeling of activity in the insurance market (in case of block selection)
Summary of the subject: The discipline is aimed at studying the peculiarities of the functioning of insurers on the financial market, methods, methods, methods of managing insurance and investment activities, relationships with the external environment.
Опис: Insurance as a specific type of business and the prospects of its development in Ukraine and the world. The content and functions of insurance management. Strategic management in the insurance company. Information systems in management of insurance company. The essence of the problem and insurance marketing. Financial basics of insurance. Insurance rate as a basis for providing break-even insurance operations. Forming insurance reserves to ensure compliance with the insurance obligations. Investment activity of the insurance company: principles of organization, management and optimization. Reinsurance and its role in ensuring that insurance liabilities. Methods for assessing financial stability and solvency of insurance companies. Analysis, planning and forecasting of insurance activity.
Assessment methods and criteria: Current control of the acquirer's work: testing; oral survey, assessment of performance and defense of laboratory work and individual scientific research task. Examination control: evaluation of the examination (written and oral components). Written component: tasks of the 1st and 2nd level - tests; tasks of the 3rd level - tasks.
Критерії оцінювання результатів навчання: 1. Current control of the applicant's work (40 points): testing; oral examination, evaluation of the performance and defense of laboratory work and individual research tasks (testing on topics in the VNS - 4 points; performance and defense of an individual research task - 12 points; performance and defense of laboratory work - 24 points). 2. Examination control (60 points): assessment of the exam (written and oral components). Written component: tasks of the 1st and 2nd level - tests (30 points); Level 3 task - task (15) points. Oral component - 15 points. At remote work (including under quarantine conditions) protection of applicants for laboratory work and individual research tasks during videoconferences is provided. Individual reports on laboratory work and written work are sent to the ANS. The oral component of the exam is conducted on the MS Teams platform with full video.
Порядок та критерії виставляння балів та оцінок: 100–88 points – (“excellent”) is awarded for a high level of knowledge (some inaccuracies are allowed) of the educational material of the component contained in the main and additional recommended literary sources, the ability to analyze the phenomena being studied in their interrelationship and development, clearly, succinctly, logically, consistently answer the questions, the ability to apply theoretical provisions when solving practical problems; 87–71 points – (“good”) is awarded for a generally correct understanding of the educational material of the component, including calculations, reasoned answers to the questions posed, which, however, contain certain (insignificant) shortcomings, for the ability to apply theoretical provisions when solving practical tasks; 70 – 50 points – (“satisfactory”) awarded for weak knowledge of the component’s educational material, inaccurate or poorly reasoned answers, with a violation of the sequence of presentation, for weak application of theoretical provisions when solving practical problems; 49-26 points - ("not certified" with the possibility of retaking the semester control) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to apply theoretical provisions when solving practical problems; 25-00 points - ("unsatisfactory" with mandatory re-study) is awarded for ignorance of a significant part of the educational material of the component, significant errors in answering questions, inability to navigate when solving practical problems, ignorance of the main fundamental provisions.
Recommended books: 1. Klapkiv Yu.M. Rynok strakhovykh posluh: kontseptualni zasady, tekhnichni innovatsii ta perspektyvy rozvytku: monohrafiia. Ternopil: TNEU, 2020. 568 s. 2. Konkurentospromozhnist strakhovoho rynku Ukrainy v umovakh aktyvizatsii hlobalizatsiinykh protsesiv: kolektyvna monohrafiia [tekst] / za materialamy prats naukovoi hrupy i naukovoiu redaktsiieiu d-ra ekon. nauk, prof. L. V. Shirinian. – K.: Vydavnytstvo Lira-K, 2020. – 404 s. 3. Vnukova N. M. Prudentsiinyi nahliad u sferi strakhuvannia : monohrafiia / N. M. Vnukova, O. V. Korvat, N. S. Opeshko. – Kh. : KhNEU im. S. Kuznetsia, 2016. – 260 s. (Ukr. mov.) 4. Sokyrynska I. H. Zhuravlova T.O., Abernikhina I.H. Strakhovyi menedzhment. Navchalnyi posibnyk./.I.H.Sokyrynska, T.O.Zhuravlova, I.H.Abernikhina –Dnipropetrovsk: Porohy, 2016. - s. 5. Strakhovyi menedzhment: pidruchnyk / [Osadets S.S., Murashko O.V., Furman V.M., Baranov A.L., Baranova O.V., Zalietov O.M., Nechyporenko V.I. ]; za red. d-ra ekonom. nauk, prof. S.S. Osadtsia. - K.: KNEU, 2011. – 333. 6. Suprun A.A., Suprun N.V. Strakhovyi menedzhment. Navch. posib. / A.A. Suprun, N.V. Suprun. – Lviv: Mahnoliia, 2010. – 300 c. 7. Kozmenko, O. V. Reitynhuvannia strakhovykh kompanii i rozrakhunok strakhovykh taryfiv na bazi vykorystannia ekonomiko-matematychnykh metodiv [Tekst]: monohrafiia / O. V. Kozmenko. – Sumy: DVNZ “UABS NBU”, 2008. – 95 s. 8. Stratehichne upravlinnia strakhovoiu kompaniieiu : [kol. monohr.] /V. M. Furman, O. F. Filoniuk, M. P. Nikolenko ta in. ; nauk red ta ker. kol. avt. d-r ekon. nauk V. M. Furman. – K. : KNEU, 2008. – 440 s. 9. Bondarchuk M.K., Bobanych M.M. Monitorynh finansovoho stanu strakhovoi kompanii // Mizhnarodnyi naukovyi zhurnal "Internauka". — 2022. — №8. https://doi.org/10.25313/2520-2057-2022-8-8176
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