Knowledge is power
"Financial Management for Non-Financial Insurance Executives" is 2½ days of expert instruction, lively discussion and interaction with other participants within the insurance industry, all in a relaxed and friendly atmosphere. Presented in an easy-to-learn style using layman’s terms, this course will take you beyond intimidating financial terms, giving you the tools to discover what the numbers really mean…and how you can use them to your advantage.
When you return to your company, you’ll have a solid base of knowledge about financial statements and concepts. You’ll be able to confidently interpret financial data and answer relevant questions about your department and operations. Beyond that, you’ll understand the advantages and disadvantages of different types of financial data and analysis tools, so you’ll know the right kinds of questions to ask to accomplish your department’s and your company’s goals.
Who should attend?
This course is specifically designed to meet the needs of managers who do not have background in finance, including those in:
- Administration
- Sales
- Human resources
- Manufacturing
- Customer service
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- Purchasing
- Operations
- Information systems
- Distribution
- Marketing
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With the powerful knowledge you’ll gain during this course, you’ll be able to:
- Communicate effectively with other departments and executives, thanks to your insight into accounting terminology and principles
- Avoid problems and seize opportunities by understanding how your department’s decisions affect other departments and, in turn, how their choices affect yours
- Get your projects approved easily by backing up your proposals with solid financial information
- Gain valuable insight into the operations of your competitors and suppliers by interpreting their financial statements (You’ll better understand your own company’s operations and objectives, too!)
- Acquire and maintain control over cash using proven cash management techniques
- Create a useful departmental budget that will easily integrate into your organizational budgeting process
- Make timely, cost-effective decisions and identify appropriate initiatives and projects when you know what drives costs in your organization
- Improve the profitability of your department and your company, and be seen as a knowledgeable professional who is capable of taking a greater leadership role in your organization
Each course participant will receive a financial reference manual. This invaluable resource is one that you’ll turn to time and time again as you bring your new skills back to the job.