About the course
Private health insurance is a dynamic, growing industry shaped by various reforms. With the requirement for all insurers to have an Appointed Actuary, and an Actuarial Advice Framework, actuaries play key roles in the analysis, financial condition and risk management of private health insurers.
This course equips actuaries, technical staff and leaders with essential knowledge of Australia’s private health insurance operations. It includes legislation, professional standards, industry activity and health reform. It is also valuable for other health insurance practitioners, including financial staff, general management and board members. Written by actuaries for actuaries and health insurance professionals, it gives you practical grounding in how the industry works today.
The course has been refreshed. We’ve updated it to reflect AASB 17 and the latest APRA prudential standards, so what you learn matches how private health insurance is reported and regulated today.
Understand the ins and outs of private health insurance
Why the Private Health Insurance eLearning course?
Build in-depth industry expertise
Gain essential knowledge of private health insurance operations in Australia, including AASB 17, APRA’s prudential standards, the latest reforms, regulatory frameworks and current actuarial practices.
Enhance your professional skillset
Equip yourself with specialised skills in capital management, product pricing and risk assessment, supporting your role in financial and risk management.
Flexible learning and recognised certification
Study at your own pace with comprehensive assessments and earn a certificate, demonstrating your expertise in a rapidly evolving sector.
Enrolment details and course prices
Key detailsEnrol now | Members$1,000 AUD (including GST) | Non-Members$1,250 AUD (including GST) |
|---|---|---|
| Prerequisites | No prerequisites apply. | No prerequisites apply. |
| Enrolment dates | You can enrol for this course at any time. | You can enrol for this course at any time. |
| Learning platform | Canvas LMS | Canvas LMS |
| Learning materials | A combination of online written materials and recommended readings (including links to online external resources). | A combination of online written materials and recommended readings (including links to online external resources). |
| CPD | You can claim one hour of CPD for every hour invested in this course. | Not applicable. |
Course outline
The course is a self-paced study program that covers:
- Environment and regulation
- Operations and data
- The role of the actuary
- Product design and pricing
- Capital management
- Major transactions for private health insurers
Course timings and assessment
- You can enrol in the course at any time.
- You’ll have nine months to complete the course which is expected to take approximately 60 hours.
- Assessments include six chapter quizzes and a final assessment.
Assessment information
Assessments are optional. To successfully complete the course and earn a Certificate, you are required to successfully complete:
- A quiz at the end of each chapter
- Final assessment with written answers to several questions.
Your answers should show that you understand and can apply the material. Please don’t copy and paste from the course materials or readings.
Certificate
A certificate will be awarded upon successful completion of the assessments within the nine-month period.
Enrolling without completing the assessments does not entitle you to the Certificate. This may be suitable if you want a high-level overview of private health insurance operations but do not require any evidence of competency.
Start your lifelong learning journey today.
Access accessible, high-quality education that aligns with the rigorous standards of the Australian actuarial profession. Not yet a member? Join us for more exclusive online content and learning resources.
