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Coursera

Insurance Training: Underwriting, Claims & IRDAI

EDUCBA via Coursera

Overview

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Master insurance operations, underwriting, claims, and IRDAI compliance in one complete course. Build job-ready skills with real-world insurance workflows and practical concepts. This course provides a comprehensive understanding of the general insurance lifecycle, from product filing and regulatory compliance to underwriting, risk management, and claims processing. Learners will explore how insurers design products, assess risks, and ensure compliance with IRDAI regulations. You will gain hands-on knowledge of policy documentation, endorsements, claims procedures, and reinsurance strategies, helping you understand how insurance companies operate in real-world scenarios. The course also emphasizes customer protection and grievance handling, ensuring a well-rounded industry perspective. Designed for beginners and aspiring professionals, this course bridges the gap between theory and practice with structured modules, real-world examples, and assessment-driven learning. By the end of the course, you will be equipped to confidently apply insurance concepts in underwriting, compliance, and operational roles.

Syllabus

  • Insurance Product Filing & Regulatory Foundations
    • Learn how insurance products are designed, filed, and approved under IRDAI regulations, ensuring compliance, transparency, and structured product development.
  • Underwriting & Compliance Management
    • Understand underwriting decision-making, governance frameworks, and regulatory compliance to ensure consistent and risk-based insurance operations.
  • Customer Protection & Grievance Handling
    • Explore customer protection frameworks, grievance redressal systems, and communication strategies that ensure fair treatment and regulatory compliance.
  • Risk Assessment & Policy Documentation
    • Develop skills in risk evaluation, proposal analysis, and policy documentation, including cover notes and contract structures.
  • Policy Terms, Claims & Reinsurance
    • Master policy conditions, endorsements, claims processing, and reinsurance strategies to manage financial risks effectively.

Taught by

EDUCBA

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