DYNAMIC HEDGING ESSENTIALS, MASTER CLASS AND WORKSHOP

Chicago
August 8 & 9, 2013

About the course

Tremendous advances have been made in the last few years in the area of dynamic hedging of variable products. These advances have been necessary to keep up with the increasing risks and challenges associated with GMXBs. The level of knowledge and understanding required to successfully implement and run effective dynamic hedging programs has also increased significantly.

>> Request the brochure

DYNAMIC HEDGING PROGRAM SERIES is conducted over two days consisting of three separate parts that provide a complete dynamic hedging training program covering essential concepts, advanced topics and workshop discussion with industry practitioners.

Participants will be able to immediately take back to the office and apply what they have learned and will have the opportunity to network with other professionals in this fast paced and evolving field of practice.

DYNAMIC HEDGING ESSENTIALS is a half-day classroom training session designed to provide a review of essential dynamic hedging concepts.

What you will gain

• Learn industry practice regarding dynamic hedging programs
• Calculate first, second, third order Greeks and cross Greeks
• Execute delta hedge

DYNAMIC HEDGING MASTER CLASS is an advanced one-day program covering the key elements of executing a dynamic hedging program to hedge equity-based guarantees and provides hands-on practice through case studies and application exercises.

What you will gain

• Learn how to implement a dynamic hedging program
• Review economic scenario generators and nested simulation
• Learn how to simulate and evaluate dynamic hedging strategies
• Quantify cost and risk distribution of GMWB
• Understanding hedge effectiveness and attribution analysis
• Perform fund mapping
• Calculate trading grid
• Produce risk report
• Execute dynamic hedging strategy

DYNAMIC HEDGING WORKSHOP is a half-day focus group discussion and networking opportunity for dynamic hedging practitioners working for insurance companies. There is no cost to attend but participation in the facilitated discussion is by invitation only covering the following topics.

What you will gain

• Survey of industry practices
• Identification of challenges and issues facing industry
• Benchmarking - hedge effectiveness, grid processing speed