This course introduces technical users to the underlying activities involved in the tasks used in IFRS 17 production cycles. The course includes hands-on demonstrations, descriptions of data structure, and an overview of the underlying codes, and it teaches the logic behind the base functionality that is integral to SAS Solution for IFRS 17.
The self-study e-learning includes:
- Annotatable course notes in PDF format.
- Virtual lab time to practice.
Learn How To
Describe the role and use of each component of SAS Solution for IFRS 17.Describe and understand main business objects in the solution.Explain the data structure required for the solution.Apply and generate business rule sets for data quality.Describe the underlying logic of the process involved in IFRS 17 calculations and report generation.Locate and describe key underlying codes for the tasks.Perform several tasks to generate IFRS 17 calculations and disclosure reports.Use SAS Visual Analytics to modify the structure of dashboards.Who Should Attend
Technical users, including data analysts, solution architects, solution designers, system administrators, and any technical members of an organization's project team who will participate in the development and solution design phases for the implementation of SAS Solution for IFRS 17
Prerequisites
Participants should have the following: ;
A basic-level familiarity of insurance industry terminology and the IFRS 17 standard for insurance contracts.Familiarity with SAS Solution for IFSR 17 in SAS Risk Stratum.Familiarity with SAS Infrastructure for Risk Management and SAS Risk Stratum.;Participants can gain the prerequisite knowledge of SAS Solution for IFSR 17 by completing the course Business Overview of SAS® Solution for IFRS 17 in SAS® Risk Stratum. To gain the prerequisite familiarity with SAS Infrastructure for Risk Management and SAS Risk Stratum, the following courses are recommended: SAS® Infrastructure for Risk Management Overview and SAS(R) Risk Stratum: Data Preparation, Configuration, and Administration.SAS Products Covered
SAS Risk Stratum;SAS Solution for IFRS 17
Course Outline
SAS Solution for IFRS 17: Key Components
Review of key components.Key business objects in SAS Risk Stratum.SAS IFRS 17 CyclesOverview of workflows and cycles.Steps in the IFRS 17 cycle.Initializing a cycle.Overview of script in the initialize cycle.Data PreparationOverview of script for data preparation Underlying IRM process.Overview of the data model. Structure of key tables.Database and federated area.Overview of key folders in federated area.Completing the data preparation task.Understanding Data Quality RulesData quality rules.Overview of the script for data preparation.Overview of underlying IRM process involved.Running data quality.Data quality reports and review.Subledger Accounting Module (SLAM)Overview of SLAM.Discuss features of SLAM.Overview of SLAM Mart.Journal Entries, Postings, and Initial Financial Reports Derive journal entries.Overview of script and IRM process.Review postings.Generate initial financial reports.Review trial balance.Finalize postings.Publish results.ReportingSAS Visual Analytics overview.Disclosure reports and other IFRS17 reports.
