About the Course
Managing longevity risk has evolved from a secondary actuarial concern into a primary strategic priority for pension funds globally. Organizations today face the challenge of proving financial resilience in the face of shifting demographic landscapes where even a one-year increase in average life expectancy can add billions to aggregate liabilities. To succeed in this field, you must demonstrate capabilities in stochastic mortality modeling, basis risk assessment, capital market instrument selection, regulatory compliance mapping, and stakeholder communication. This course provides a structured system to transition from reactive adjustments to proactive risk management using internationally recognized frameworks and standards.
The curriculum focuses on turning complex data into actionable financial strategies. You will learn to apply the Cairns-Blake-Dowd (CBD) Model for mortality projections and evaluate the cost-benefit trade-offs of buy-ins versus buy-outs. The training distinguishes between conceptual exposure to global demographic shifts and the practical implementation of hedging strategies using real-world datasets. You will practice calculating longevity risk capital charges and designing risk transfer roadmaps that align with institutional risk appetite. This course is specifically built for professionals operating under tight regulatory scrutiny and volatile market conditions who must deliver evidence-based results to trustees and executive leadership.
Target Audience
This program is essential for professionals responsible for the financial health and risk oversight of defined benefit pension schemes and insurance portfolios.
This course is designed for:
- Pension Fund Managers overseeing long-term liability stabilization and funding strategies
- Actuarial Analysts responsible for mortality modeling and valuation assumption setting
- Chief Risk Officers managing institutional exposure to demographic and market risks
- Investment Consultants advising pension trustees on Liability-Driven Investment (LDI) strategies
- Pension Scheme Trustees requiring technical depth to evaluate risk transfer proposals
- Insurance Underwriters specializing in bulk annuity and longevity reinsurance pricing
- Financial Controllers managing IFRS 17® compliance and pension accounting disclosures
- Regulatory Compliance Officers monitoring solvency ratios and capital adequacy requirements
- Employee Benefits Directors aligning corporate strategy with long-term pension obligations
- Asset-Liability Management (ALM) Specialists optimizing the match between assets and longevity-linked liabilities
Course Objectives
This course equips you to design, execute, and report longevity risk management initiatives that enhance fund solvency, ensure regulatory compliance, and support strategic risk transfer.
By the end of this course, you'll be able to:
- Assess current mortality assumptions using the CMI Model and historical data trends
- Apply the Lee-Carter Model to generate stochastic mortality forecasts for specific populations
- Construct a longevity risk register identifying key drivers of liability volatility
- Evaluate the financial viability of longevity swaps versus bulk annuity buy-ins
- Calculate capital requirements for longevity risk under Solvency II frameworks
- Navigate the operational requirements for executing a successful pension risk transfer
- Implement measurable longevity KPIs within a Liability-Driven Investment dashboard
- Synthesize complex actuarial findings into actionable reports for pension fund trustees
Requirements & Prerequisites
Participants should have an intermediate understanding of pension fund finance and basic actuarial concepts. Familiarity with Excel for financial modeling is required. No prior programming knowledge is necessary, though exposure to risk management frameworks like ISO 31000 is beneficial.
Local Application and Business Return in Mexico
How participants can apply the training in local operating conditions, and the return their organisation can plan for.
How participants apply this
Expected ROI
Training Methodology
This is a practical, outcome-driven course designed to turn longevity aspiration into measurable action and credible reporting through hands-on application.
Methodology includes:
- Hands-on mortality projection exercise using the Lee-Carter Model and CMI datasets
- Scenario simulation requiring hedging decisions under varying interest rate and inflation environments
- Audit of a sample pension risk register using ISO 31000 risk management principles
- Stakeholder mapping exercise for a multi-party longevity swap execution process
- Case study analysis of successful buy-outs in the UK, US, and EU sectors
- Group workshop producing a draft longevity risk transfer strategy and roadmap
- Benchmarking exercise comparing internal mortality assumptions against global industry standards
Upcoming Sessions
Next available dates worldwide
Certification
Recognized credentials that advance your career
Participants who complete the Managing Longevity Risk in Pension Plans Training Program earn a Trainingcred Certificate of Achievement, demonstrating professional competence and alignment with global standards in learning and development.
NITA Accredited
Accredited by the National Industrial Training Authority, ensuring programs meet nationally recognized standards of quality and relevance.
CPD Certified
Recognized by the CPD Certification Service, ensuring every program meets internationally benchmarked standards of professional excellence.
Why this course earns its place on your CV
Accredited training, practitioner trainers, and peers on the same career track — the three things real expertise is built on.
Effective Learning & Skill Development
- Build expertise with structured, outcome-driven learning.
- Equip individuals and teams with skills that grow with industry needs.
- Reinforce learning through real-world scenarios, case studies and practical exercises.
Career Growth & Professional Advancement
- Apply what you learn with a proven methodology that ensures lasting impact.
- Develop immediately usable skills that translate directly into workplace success.
- Gain the expertise needed for career advancement and leadership roles.
Training Optimization & Learning Excellence
- Tailor training to industry-specific challenges and organizational goals.
- Use data-driven insights and automation to enhance training effectiveness.
- Evaluate progress and ensure long-term learning success.
