Insurance accounting

Insurance Accounting Course Approval Number: 45088 Course Introduction The insurance sector is one of the vital sectors that require accountants with specialized knowledge of the nature of insurance activity and its accounting and financial treatment. This course aims to provide trainees with a strong foundation in insurance accounting, with an understanding of regulatory and Shariah aspects, and the mechanisms for preparing financial statements in insurance companies, thereby enhancing professional efficiency and opening broader opportunities in the labor market. Course Objectives By the end of the course, the trainee will be able to: Understand the concept of insurance and the importance of insurance activity. Differentiate between types of insurance and their accounting treatment. Apply accounting principles in insurance companies. Prepare financial statements for insurance companies. Be familiar with the Shariah aspects related to insurance. Course Topics Introduction to insurance and insurance accounting. Concept of insurance and the importance of insurance activity. The ruling of insurance in Islamic law. Accounting in insurance companies. Accounting in branches of general insurance. Financial statements in insurance companies. Course Duration and Details Start date: June 21 Time: 6:00 – 9:00 PM Duration: 8 days (non-continuous) Number of hours: 24 training hours Course Features Specialized content in insurance accounting. Practical training linking theory with application. Certified certificate enhancing the CV. Presented by an experienced practitioner in the field. Suitable Jobs After the Course Insurance accountant in insurance companies. Insurance claims specialist. Financial analyst in the insurance sector. Financial reports specialist for insurance companies. Employee in risk management and insurance departments. Internal auditor in insurance companies. Salary Scale (Approximate – Saudi Market) Entry-level insurance accountant: 4,500 – 7,000 SAR Insurance accountant (2–5 years experience): 7,000 – 12,000 SAR Insurance claims specialist: 6,000 – 10,000 SAR Financial analyst in insurance sector: 9,000 – 15,000 SAR Financial reports specialist: 8,000 – 13,000 SAR Internal auditor in insurance companies: 10,000 – 18,000 SAR Note: Salaries vary depending on experience, qualifications, and company size. Target Audience Accountants wishing to specialize in insurance accounting. Employees in financial departments of insurance companies. Graduates of accounting and finance. Individuals interested in developing their professional skills. About the Trainer Ahmed Ibrahim Holds a Bachelor's degree in Commerce – Department of Accounting (Cost Accounting) from Cairo University in 2021, and obtained a CMA certificate from the IMA Institute in the United States. With up to 6 years of experience in general accounting, customer accounts, supplier accounts, and cost accounting, as well as experience in various sectors including trading companies, retail companies (hypermarkets), shipping and delivery companies, manufacturing companies, and non-profit organizations. Also experienced in data analysis and advanced Excel, as well as Power Query and Power BI for data analysis and reporting. ⸻ Note: Please carefully read the registration and replacement policy via the attached link at the bottom of the page before completing the payment process. The institute disclaims responsibility if these policies are not reviewed. Completing the registration process is considered explicit agreement to all the terms and conditions contained therein. All our courses are accredited by the General Organization for Technical and Vocational Training and are issued electronically from the Mnar platform after completing all course hours. Mnar Platform Link: https://mnar.sa/auth/trainee/login