Insurance Designations Handbook
A Membership Service for SITE
© The Society of Insurance Trainers & Educators, SITE, 2007
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Table of Contents
Page Preface........................................................................................
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Foreword The Society of Insurance Trainers and Educators………
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Contents Alphabetical Listing of Insurance-Related Designations....................................
5-8
Alphabetical Description of Designations..................................................................
9-223
Alphabetical Listing of Sponsoring Organizations.............................................
224-225
Alphabetical Description of Sponsoring Organizations..............................................
226 - 280
© The Society of Insurance Trainers & Educators, SITE, 2007
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Preface The purpose of this handbook is to provide insurance industry professionals with a reference tool that identifies and describes the various insurance designations available throughout the industry. This handbook contains information on: • • • • •
certification and designation acronyms program descriptions designation and certification requirements course/program listings sponsoring organizations
The Insurance Designations Handbook should prove useful to insurance professionals needing quick and frequent access to information on insurance designations for educational counseling and professional development planning. The Insurance Designations Handbook is produced as a service to the insurance industry by the Society of Insurance Trainers and Educators (SITE).
© The Society of Insurance Trainers & Educators, SITE, 2007
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Foreword The Society of Insurance Trainers and Educators (SITE) The Society of Insurance Trainers and Educators (SITE) is an international organization whose purpose is to promote the professional development of its members and to benefit the insurance industry, our employees, and our students. Our membership includes a complete cross-section of the insurance business, including insurance company education and training directors and training staff, human resource directors, academics, training resource providers, regulators, students, and others responsible for training and education in insurance. SITE members include representatives of both the property/casualty and life/health segments of the industry, as well as all types of insurance organizations. To enhance training and education in the insurance industry, SITE provides several activities and publications for its members. A bi-monthly newsletter and an JOURNAL help keep members informed of SITE's plans and activities and ensure that members stay on the leading edge of current training techniques and developments. In addition, regional and virtual meetings and an annual conference (open to members and non-members) allow participants to network with other insurance professionals to discuss common problems and issues, and to acquire new knowledge and skills. The Society of Insurance Trainers and Educators is committed to providing educational experiences and growth opportunities to a large audience of insurance professionals. To learn more about SITE, its programs and member benefits, or to learn about becoming a member, please contact: Kathy Hodge, AIM, Executive Director SITE 6635 W. Happy Valley Rd., Suite A104, #444 Glendale, AZ 85310 Phone: (623) 547-6401 Fax: (623) 547-6814 Email:
[email protected] Website: www.insurancetrainers.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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Insurance Industry Designations Description AAAM AAI AAMS AAPA ACA ACAS ACII ACLA ACLS ACP ACS ACS ACSR AEP AFA AFC® AFSB AFSI AFSR AIAA AIAF AIAF AIAM AIC AIDM AIE AIIC AIM AIP AIRC AIS AIT ALHC ALMI AMIM AOHST APA APA API APM APR ARA ARC ARe ARM ARM-P ARPM ASA
Page American Academy of Actuaries Member Accredited Adviser in Insurance Accredited Asset Management Specialistsm Associate, Annuity Products and Administration Associate of the Conference of Consulting Actuaries Associate, Casualty Actuarial Society Associateship of the Chartered Insurance Institute Automobile Claim Law Associate Automobile Claim Law Specialist Associate Compliance Professional Associate Customer Service (LOMA) Associate Customer Service (IIC) Accredited Customer Service Representative Accredited Estate Planner Associate Financial Advisor Accredited Financial CounselorSM Associate in Fidelity and Surety Bonding Associate, Financial Service Institute Accredited Financial Services Representative Associate, Insurance Agency Administration Associate in Insurance Accounting and Finance (IIA) Associate in Insurance Accounting and Finance (LOMA) Associate in Insurance Account Management Associate in Claims Associate Insurance Data Manger Accredited Insurance Examiner Associate of The Insurance Institute of Canada Associate in Management Associate in Insurance Production Associate, Insurance Regulatory Compliance Associate in Insurance Services Associate in Information Technology Associate, Life and Health Claims Associate, Life Management Institute Alternative Investments Certificate Associate in Marine Insurance Management Associate Occupational Health and Safety Technologist Accredited Pension Administrator Associate in Premium Auditing Associate in Personal Insurance Associated Professional Member Accredited Pension Representative Associate, Reinsurance Administration Associate in Regulation and Compliance Associate in Reinsurance Associate in Risk Management Associate in Risk Management for Public Entities Associate in Risk Pool Management Associate of the Society of Actuaries
© The Society of Insurance Trainers & Educators, SITE, 2007
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ASF ASLI ASP AU AWMA BCE BPA CAIB CAM CAP CAS CASL CCIB CCLA CCLS CCMP CCP CEA CEBS CEBS CEP CERA Cert CII Cert PFS CFA CFE CFP CFP CFP CFS CHC® ChFC CHST CIAM CIC CIDM CIE CIMA CIP CIPM CISR CLCS CLF CLTC CLU CMA/FAD CMFA CMFC CMS CMS CPC CPCU CPDM
Associate in State Filings Associate in Surplus Lines Insurance Associate Safety Professional Associate in Underwriting Accredited Wealth Manger Advisor Board Certified in Estate Planning Business Process Advisor Canadian Accredited Insurance Broker Chartered Asset Manager Chartered Advisor in Philanthropy Certified Annuity Specialist Chartered Advisor for Senior Living Canadian Certified Insurance Broker Casualty Claim Law Associate Casualty Claim Law Specialist Certified Case Management Professional Certified Compliance Professional Certified Estate Advisor Certified Employee Benefit Specialist (Canada) Certified Employee Benefit Specialist (US) Certified Estate Planner Chartered Enterprise Risk Analyst Certificate in Insurance Certificate in Financial Planning Chartered Financial Analyst Certified Fraud Examiner Certified Financial Planner CFP Certification Curriculum Certified Financial PlannerTM Professional Education Program Certified Fund Specialist Certified Housing Counselor® Chartered Financial Consultant Construction Health and Safety Technician Chartered Insurance Agency Manger Certified Insurance Counselor Certified Insurance Data Manager Certified Insurance Examiner Certified Investment Management Analyst Chartered Insurance Professional Certificate in Investment Performance Measurement Certified Insurance Service Representative Commercial Lines Coverage Specialist Chartered Leadership Fellow Certified in Long-Term Care Chartered Life Underwriter Chartered Market Analyst/Financial Analyst Designate Certified Manger of Financial Advisors Chartered Mutual Fund Counselorsm Compensation Management Specialist (Canada) Compensation Management Specialist (US) Certified Pension Consultant Chartered Property Casualty Underwriter Certified Professional Disability Management
© The Society of Insurance Trainers & Educators, SITE, 2007
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CPIA CPIB CPIW/M CPM CPSR CRM CRM CRPC CRPS CSA CSF CSFP CSP CTEP CTS CWM DAE DHP DIA Dip CII Dip PFS EHBA EPLS ERMP FAIQ FCA FCAS FCII FCIP FCLA FCLS FFSI FIIC FLHC FLMI FSA FSPA FSS GBA GBA GBDS GSP HCAFA HCSA HIA HIPAAA HIPAAP INS ISC ITP
Certified Professional Insurance Agent Canadian Professional Insurance Broker Certified Professional Insurance Woman/Man Chartered Portfolio Manager Certified Professional Service Representative Canadian Risk Manager Certified Risk Manager Chartered Retirement Planning Counselorsm Chartered Retirement Plans Specialistsm Certified Senior Advisors Certified State Filer Chartered Senior Financial Planner Certified Safety Professional Chartered Trust and Estate Planner Certified Tax Specialist Chartered Wealth Manager Diversified Advanced Education Disability Healthcare Professional Disability Income Associate Certificate of Insurance Practice/Diploma in Insurance Diploma in Financial Planning Employee Healthcare Benefits Associate Estate Planning Law Specialist Enterprise Risk Management Professional Essential of Investment Consulting Certificate Financial Advisers International Qualification Fellow of the Conference of Consulting Actuaries Fellow, Casualty Actuarial Society Fellowship of the Chartered Insurance Institute Fellow Chartered Insurance Professional Fraud Claim Law Associate Fraud Claim Law Specialist Fellow, Financial Service Institute Fellow of The Insurance Institute of Canada Fellow, Life and Health Claims Fellow, Life Management Institute Fellow of the Society of Actuaries Fellow, Society of Pension Actuaries Financial Services Specialist Group Benefit Associate (Canada) Group Benefit Associate (US) Group Benefits Disability Specialist Graduate Financial Planning Track - American College - CFP Graduate Safety Practitioner Health Care Anti-Fraud Associate Healthcare Customer Service Associate Health Insurance Associate HIPAA Associate HIPAA Professional Program in General Insurance Introduction to Investment Consulting Certificate Investment Strategist Certificate Insurance Training Professional
© The Society of Insurance Trainers & Educators, SITE, 2007
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LLIF LPCS LTCP LUTCF MFA MFM MFP MHP MMA MS MSFS MSM MSPA OHST PCLA PCLS PCS PFA PISA PLCS QKA QPA QPFC REBC RF RFS RHU RIS RMPE RP® RPA RPA RPLU SCLA SILA-A SILA-F STS WCCP WCLA WCLS
LIMRA Leadership Institute Fellow Legal Principles Claim Specialist Long-Term Care Professional Life Underwriting Training Council Fellow Master Financial Advisor Master Financial Manager Master Financial Professional Managed Healthcare Professional Medical Management Associate Master of Science Degree Program Master of Science in Financial Services Master of Science in Management Member, American Society of Pension Actuaries Occupational Health and Safety Technologist Property Claim Law Associate Property Claim Law Specialist Professional Customer Service Program Professional Financial Advisor Professional Insurance Sales Association Personal Lines Coverage Specialist Qualified 401(k) Administrator Qualified Pension Administrator Qualified Plan Financial Consultant Registered Employee Benefits Consultant RIMS Fellow Registered Financial Specialist Registered Health Underwriter Retirement Income Specialist Risk Management for Public Entities Registered Paraplannersm Retirement Plans Associate (Canada) Retirement Plans Associate (US) Registered Professional Liability Underwriter Senior Claim Law Associate Securities & Insurance Licensing Administrators Associate Securities & Insurance Licensing Administrators Fellow Safety Trained Supervisor Workers’ Compensation Claims Professional Workers Compensation Claim Law Associate Workers Compensation Claim Law Specialist
© The Society of Insurance Trainers & Educators, SITE, 2007
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AAAM
American Academy of Actuaries Member
Description: ASPPA, the CAS, CCA, and the SOA rely on the Academy to lead the way in setting and enforcing high standards of professional conduct for their members and all practitioners in North America. By joining the Academy, you strengthen the profession's commitment to responsible and competent conduct, show your willingness to adhere to the Code of Professional Conduct, and have an opportunity to apply your skills outside the workplace to assist public policy decision-makers. Most states now have regulations that recognize the MAAA designation as a qualification for signing insurance company annual statements. Requirements: 1. Proof of actuarial educational credentials, eligible proof is specified in the complete membership requirements available on the AAAM website.. 2. At least three years of full-time equivalent experience in responsible actuarial work. 3. A resident of the United States for at least three years, or a non-resident or new resident who meets the Academy's education requirements and can prove familiarity with U.S. laws and practices in his or her “actuarial practice area.” 4. Print out, complete, and mail the online application form. Note: Actuaries who are interested in becoming Academy members are strongly urged to read the complete membership requirements before they submit an application. Sponsoring Organization: American Academy of Actuaries 1100 Seventeenth Street NW, Seventh Floor Washington, DC 20036 Phone: (202) 223-8196 Fax: (202) 872-1948 E-mail:
[email protected] Website: www.actuary.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AAI
Accredited Adviser in Insurance
Description: The objective of the AAI program is to enhance the effectiveness of insurance producers. The program includes a study of personal and commercial insurance, sales management, agency operations, as well as increasing commissions and reducing E&O claims. Requirements: 1. Three courses (three undergraduate semester hours each). 2. Successful completion of three examinations. Courses: AAI 81 Foundations of Insurance Production AAI 82 Multiple-Lines Insurance Production AAI 83 Agency Operations and Sales Management Course sequence: It is best to take AAI 81 before taking AAI 82. AAI 83 may be taken at any time. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AAMS®
Accredited Asset Management Specialistsm or AAMS® Professional Education Program
Description: The AAMS Program’s twelve courses help investment professionals to identify opportunities not only in investments but also in the areas of insurance, tax, retirement, and estate planning—and make recommendations based on all aspects of a client’s total financial picture. Requirements: 1. Successfully complete the AAMS Program 2. Pass the final exam 3. Sign a code of ethics commitment and declaration form Courses: ¾ The Asset Management Process ¾ Investors, Policy & Change ¾ Risk, Return & Investment Performance ¾ Asset Allocation & Selection ¾ Investment Strategies ¾ Taxation of Investment Products ¾ Investment Opportunities for an Individual’s Retirement ¾ Investment Considerations for Small-Business Owners ¾ Deferred Compensation & Other Benefit Plans for Key Executives ¾ Insurance Products for Investment Clients ¾ Estate Planning for Investment Clients ¾ Regulatory & Ethical Issues for the Investment Professional Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
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AAPA
Associate, Annuity Products and Administration
Description: The AAPA Program is designed for those who work in all areas of annuities, including those in product development, marketing and sales, administration, customer service, information systems, investments, accounting, and legal/compliance. It provides examples of real business scenarios that annuity professionals encounter on the job. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses: AAPA 273 AAPA 283 AAPA 303 AAPA 313 AAPA 323
Annuity Principles and Products Marketing, Distribution, and Uses of Annuities Annuity Systems and Administration Financial Aspects of Annuities Regulation and Taxation of Annuities
Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACA
Associate of the Conference of Consulting Actuaries
Requirements: 1. Have attained the designation of ASA (Associate of the Society of Actuaries), or ACAS (Associate of the Casualty Actuarial Society), or EA (Enrolled Actuary), or MAAA (Member of the American Academy of Actuaries), or MSPA (Member of the American Society of Pension Professionals and Actuaries); or the equivalent designation for any international actuarial organization accepted by the Board of Directors of the Conference; and 2. Meet such other qualifications and requirements as may be required from time to time by the Board of Directors. 3. Maintain Continuing Education Requirements Sponsoring Organization Conference of Consulting Actuaries 3380 Salem Lake Drive, Suite H Long Grove, IL 60047 Phone: (847) 719-6500 Fax: (847) 719-6506 E-mail:
[email protected] Website: www.ccactuaries.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACAS
Associate, Casualty Actuarial Society
Description: The ACAS program is an independent study with the objective of developing professionals in the field of casualty actuarial practice. The ACAS program achieves this objective, emphasizing fundamental mathematical concepts applicable to solving insurance problems and developing a comprehensive understanding of the business of property and casualty insurance. Requirements: 1. Successful completion of Associateship examinations. 2. Successful completion of the Course on Professionalism. 3. Successful completion of the three Validation by Educational Experience credits Exams: Exam 1 Exam 2 Exam 3 Exam 4 Exam 5 Exam 6 Exam 7 (Canada) Exam 7 (U.S.)
Probability Financial Mathematics Statistics and Actuarial Models Construction and Evaluation of Actuarial Models Introduction to Property and Casualty Insurance and Ratemaking Reserving, Insurance Accounting Principles, Reinsurance, and Enterprise Risk Management Nation-Specific: Annual Statement, Taxation, and Regulation Nation-Specific: Annual Statement, Taxation, and Regulation
Sponsoring Organization: Casualty Actuarial Society 4350 North Fairfax Drive, Suite 250 Arlington, VA 22203 Phone: (703) 276-3100 Website: www.casact.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACII
Associateship of the Chartered Insurance Institute (Advanced Diploma in Insurance)
Description: The Advanced Diploma in Insurance is a professional qualification for insurance staff working across all sectors of the industry (and the logical progression from the Diploma in Insurance). It provides an enhanced understanding of insurance practice, both in terms of technical subject matter and overall management skills. The Advanced Diploma is a comprehensive assessment of market knowledge and understanding. In becoming Advanced Diploma qualified you join the community of proven insurance professionals. It is evidence of your purpose, commitment and ability. It can be your passport to a successful and fulfilling career. Requirements: 1. CII Membership 2. Adhere to Code of Ethics and Conduct 3. Hold Diploma in Insurance1 4. Accumulate a minimum of 290 credits, with at least 180 of these obtained at Advanced Diploma level.2 5. Continuing Professional Development 1. 3 A-Levels or equivalent; or Age 25 or above with no academic qualification 2. A maximum of 180 credits obtained from financial planning qualifications (CII or comparable awarded by another educational body) can count towards the Certificate. Courses:
Compulsory Units:
Credits
Elective Units4:
Credits
510 P05 530 555 556 655 735 745 750 755 760 765 770 775 780 785 790 815 820 825 925 930 940 945 950
Risk, regulation and capital adequacy Insurance law (Diploma in Insurance unit) Business and economics3
Life and disability underwriting Life and disability claims Risk management Life assurance Principles of property insurances Commercial property insurance underwriting Liability insurance Personal lines insurance Motor insurance Principles of marine insurance Marine insurance underwriting Aviation insurance Principles of reinsurance Private medical insurance Underwriting management Claims management (non-life) The application of reinsurance Insurance and the single European market Insurance broking Finance and accounting Marketing North American insurance
© The Society of Insurance Trainers & Educators, SITE, 2007
30 25 30
30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30 30
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CITIP
Certificate in IT for insurance professionals
955
London Market underwriting
Elective Units4:
30
Credits
40
3. May substitute P04 (Diploma in Insurance Unit). 4. Certificate & Diploma Units also available at 15, 20, or 25 credits per. Please contact CII for further details. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACLA
Automobile Claim Law Associate
Description: The ACLA Program is an independent study program covering the handling of automobile claims. It examines in detail the basis for liability and coverage in auto claims. The program addresses the interaction between the principles of law and the principles of coverage under the most common personal and business auto policies. Each program is designed for completion in approximately eight months. Requirements: 1. Two programs, a total of fourteen courses. 2. Successful completion of fourteen comprehensive examinations Programs: ¾ Legal Principles Program ¾ Law of Automobile Claims & Coverage Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACLS
Automobile Claim Law Specialist
Description: The ACLS Program is an independent study program covering the handling of automobile claims. It examines in detail the basis for liability and coverage in auto claims. The program addresses the interaction between the principles of law and the principles of coverage under the most common personal and business auto policies. The program is designed for completion in approximately eight months and consists of seven courses. Requirements: 1. Successful completion of seven comprehensive designations. Program: ¾ Law of Automobile Claims & Coverage Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACP
Associate Compliance Professional
Description: The ACP is offered by AICP, consisting of various course through different organizations. It offers the option to concentrate in three areas of study: Life, Health or Property & Casualty. Requirements: 1. Current membership with AICP; 2. Been in the insurance industry for five years; 3. Been in the compliance or compliance-related field for three years; 4. Completion of three exams based on area of concentration Courses:
Life Concentration (3 REQUIRED) Industry • • •
LOMA 280 Principles of Insurance LOMA 290 Company Operations Either LOMA 311 - Business Law for Financial Services Professionals; or LOMA 316 - Legal Aspects for Life & Health Insurance (Canada)
IRES Recognized Coursework • • •
Either LOMA 280 - Principles of Insurance; or HS 323 - Individual Life Insurance LOMA 290 - Company Operations One of the following: o LOMA 311 Business Law for Financial Services Professionals o LOMA 316 Legal Aspects for Life & Health Insurance (Canada) o LOMA 301 Insurance Administration o LOMA 330 Management Principles & Practices o LOMA 361 Accounting & Financial Reporting in Life Insurance Companies
NAIC Recognized Coursework •
• •
One of the following: o LOMA 280 Principles of Insurance o HS 323 Individual Life Insurance o Both NAIC-Basic Insurance; and NAIC Staff Education o SOFE - Life & Health Insurance Fundamentals LOMA 290 - Company Operations One of the following: o LOMA 311 Business Law for Financial Services Professionals o LOMA 316 Legal Aspects for Life & Health Insurance (Canada) o NAIC Regulation of Insurance Products o NAIC Core Legal.
HEALTH CONCENTRATION (3 REQUIRED) Industry • • •
AHIP Part A - Fundamentals of Health Insurance AHIP Part B - Fundamentals of Health Insurance Either ICA C2 - Life & Health Insurance Law; or AHIP Health Care Fraud 1 - An Introduction to Detection, Investigation and Prevention
IRES Recognized Coursework • • • • •
One of the following: LOMA 280 Principles of Insurance AHIP Part A Fundamentals of Health Insurance Either LOMA 290 - Company Operations; or AHIP Part B - Fundamentals of Health Insurance One of the following: o ICA C1-Medical Aspects of Claims
© The Society of Insurance Trainers & Educators, SITE, 2007
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o o o o o
ICA C2-Life & Health Insurance Law ICA C3-Claims Administration ICA C4-Management of Claims Operations AHIP Health Care Fraud 1 - An Introduction to Detection, Investigation and Prevention AHM 510 - Governance & Regulation
NAIC Recognized Coursework •
•
One of the following: o LOMA 280 - Principles of Insurance o AHIP Part A - Fundamentals of Health Insurance o Both NAIC-Basic Insurance; and NAIC Staff Education o HS 313 - Individual Health Insurance o SOFE - Life & Health Insurance Fundamentals Either LOMA 290 - Company Operations; or AHIP Part B - Fundamentals of Health Insurance o One of the following: o AHIP Health Care Fraud 1 - An Introduction to Detection, Investigation and Prevention o LOMA 311 - Business Law for Financial Services Professionals o NAIC-Regulation of Insurance Products o NAIC-Core Legal
PROPERTY/CASUALTY CONCENTRATION (3 REQUIRED) Industry • • •
IR201 CPCU 510 CPCU 520
•
One of the following: o Both INS 21 - Property and Liability Insurance Principles; and INS 22 - Personal Insurance o Both INS 21 - Property and Liability Insurance Principles; and INS 23 - Commercial Insurance CPCU 510 - Foundations of Risk Management, Insurance & Professionalism Either CPCU 520 - Insurance Company Operations, Regulation, and Statutory Accounting; or (SOFE) AFE 2 - Property and Liability Fundamentals
Insurance Regulation Foundations of Risk Management, Insurance & Professionalism Insurance Company Operations, Regulation, and Statutory Accounting
IRES/NAIC Recognized Coursework
• •
Sponsoring Organization: Association of Insurance Compliance Professionals 11250 Roger Bacon Drive, Suite 8 Reston, VA 20190-5202 Phone: (703) 234-4074 Fax: (703) 435-4390 Email:
[email protected] Website: www.aicp.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service
Description: The ACS program can benefit anyone in the financial services industry who deals with external or internal customers. The program is designed to increase students’ knowledge about product lines and improve their customer relationship management skills. Students can choose from five ACS line-of-business tracks: ACS-Life Insurance, ACS-Annuities, ACS-Reinsurance, ACS-Property & Casualty-US, and ACSProperty & Casualty-Canada. Requirements: 1. Each ACS track requires the successful completion of five courses and five examinations. 2. Each track includes three required courses and two electives chosen from a specified list. 3. All of the tracks include the Foundations of Customer Service course. Courses: Refer to the following pages for each ACS track description of requirements and courses. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service (Life Track)
Description: Refer to page 23 for description of ACS Designation. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses:
Required Courses (3)1: ACS 100 LOMA 280 LOMA 290 LOMA 301
Foundations of Customer Service Principles of Insurance: Life, Health, and Annuities Insurance Company Operations Insurance Administration
Elective courses (Choose two categories):
Marketing: LOMA 320 Life and Health Insurance Marketing Management: LOMA 330 Management Principles and Practices Investing: LOMA 356 Investment Principles and Institutional Investing Compliance/Law: (Choose one) AIRC 410 Regulatory Compliance: Companies, Producers, and Operations LOMA 311 Business Law for Financial Services Professionals-US LOMA 316 Business Law for Financial Services Professionals-Canada Insurance Administration: (Whichever was not taken as required course) LOMA 290 Insurance Company Operations LOMA 301 Insurance Administration 1. Although, ACS 100 and LOMA 280 are both required as core courses, only LOMA 290 or LOMA 301 is needed as a required course 2. Students who already have credit for LOMA 340, which is no longer offered, will automatically receive ACS credit for the Investing elective. 3. Students who already have credit for LOMA 310 or LOMA 315, which are no longer offered, will automatically receive ACS credit for the Compliance/Law elective. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service
(Annuities Track)
Description: Refer to page 23 for description of ACS Designation. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses:
Required Courses (3)1: ACS 100 AAPA 273 AAPA 303
Foundations of Customer Service Annuity Principles and Products Annuity Systems and Administration
Elective courses (Choose two categories):
Marketing Annuities: AAPA 283 Marketing, Distribution, and Uses of Annuities Management: LOMA 330 Management Principles and Practices Investing: LOMA 356 Investing Principles and Institutional Investing Compliance/Law: (Choose one) AIRC 410 Regulatory Compliance: Companies, Producers, and Operations LOMA 311 Business Law for Financial Services Professionals-US LOMA 316 Business Law for Financial Services Professionals-Canada 1. Students who already have credit for LOMA 340, which is no longer offered, will automatically receive ACS credit for the Investing elective. 2. Students who already have credit for LOMA 310 or LOMA 315, which are no longer offered, will automatically receive ACS credit for the Compliance/Law elective. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service
(Reinsurance Track)
Description: Refer to page 23 for description of ACS Designation. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses:
Required Courses (3) 1: ACS 100 ARA 440 LOMA 280 LOMA 286
Foundations of Customer Service Reinsurance Administration Principles of Insurance: Life, Health, and Annuities Principles of Financial Services and Products
Elective courses (Choose two categories):
Marketing: (Choose one) LOMA 320 Life and Health Insurance Marketing LOMA 326 Financial Services Marketing Management: LOMA 330 Management Principles and Practices Investing: LOMA 356 Investment Principles and Institutional Investing Compliance/Law: (Choose one) AIRC 410 Regulatory Compliance: Companies, Producers, and Operations LOMA 311 Business Law for Financial Services Professionals-US LOMA 316 Business Law for Financial Services Professionals-Canada 1. Although, ACS 100 and ARA 440 are both required as required courses, only LOMA 290 or LOMA 286 is needed as a required course 2. Students who already have credit for LOMA 340, which is no longer offered, will automatically receive ACS credit for the Investing elective. 3. Students who already have credit for LOMA 310 or LOMA 315, which are no longer offered, will automatically receive ACS credit for the Compliance/Law elective. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service
(Property & Casualty, US Track)
Description: Refer to page 23 for description of ACS Designation. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses:
Required Courses (3) 1: ACS 100 INS 21 INS 22 INS 23
Foundations of Customer Service Property and Liability Insurance Principles (IIA) Personal Insurance (IIA) Commercial Insurance (IIA)
Elective Courses: (Choose two categories)
Personal/Commercial Insurance: (Whichever was not taken as required course) INS 22 Personal Insurance (IIA) INS 23 Commercial Insurance (IIA) Insurance Regulation: IR 201 Insurance Regulation (IIA) Information Technology: AIT 131 Essentials of Information Technology (IIA) Claims/Insurance Services: (Choose one) AIC 31 The Claims Environment (IIA) AIS 25 Delivering Insurance Services (IIA) Reinsurance: Are 144 Principles of Reinsurance (IIA) 1. Although, ACS 100 and INS 21 are both required as required courses, only INS 22 or INS 23 is needed as a required course 2. Students who already have credit for LOMA 340, which is no longer offered, will automatically receive ACS credit for the Investing elective. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service
(Property & Casualty, Canada Track)
Description: Refer to page 23 for description of ACS Designation. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses:
Required Courses (3): ACS 100 C11 C81 C82 C12 C13
Foundations of Customer Service Principles and Practice of Insurance General Insurance Essentials, Part 11 General Insurance Essentials, Part 2 Insurance on Property Insurance against Liability
Elective Courses (2): C12 C13 C17 C110 C111 C120 C121 C130 C131
Insurance on Property Insurance against Liability Claims I Essentials of Loss Adjusting Advanced Loss Adjusting Underwriting Essentials Advanced Underwriting Essential Skills for the Insurance Broker and Agent Advanced Skills for the Insurance Broker and Agent
1. May take either C11 or both C81 & C82 to fulfill one required course requirement. 2. May take either C12 or C13 to fulfill one required course requirement. 3. May take either C12 or C13, whichever was not take to fulfill required course requirement, to fulfill one elective course requirement. Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ACS
Associate, Customer Service (Through IIC)
Description: The ACS program can benefit anyone in the financial services industry who deals with external or internal customers. The program is designed to increase students’ knowledge about product lines and improve their customer relationship management skills. Students can choose from five ACS line-of-business tracks: ACS-Life Insurance, ACS-Annuities, ACS-Reinsurance, ACS-Property & Casualty-US, and ACSProperty & Casualty-Canada. CIP students are studying to achieve the premiere designation in the Canadian P&C insurance industry. The Insurance Institute of Canada has partnered with LOMA, to offer CIP students the opportunity to earn an ACS designation while studying to attain their CIP. Upon completion of the ACS program, you will receive the ACS certificate and designation from LOMA. Requirements: 1. Successful completion of three required courses. 2. Successful completion of two elective courses. Courses:
Required Courses (3): C11 C12 C13 ACS 100
Principles and Practice of Insurance Institute of Canada Insurance on Property1 Insurance Against Liability1 Foundations of Customer Service
C12 C13 C110 C111 C120 C121 C130 C131
Insurance on Property Insurance Against Liability2 Essentials of Loss Adjusting2 Advanced Loss Adjusting Underwriting Essentials Advanced Underwriting Essential Skills for the Insurance Broker and Agent Advanced Skills for the Insurance Broker and Agent
Elective Courses (2):
1. May take either C12 or C13 to fulfill one required course obligation, but both courses will not count as two required courses. (Please refer below) 2. May take either C12 or C13 as elective course (whichever was not taken as required course), however, both courses will count toward elective course credit. Sponsoring Organization: The Insurance Institute of Canada 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Phone: (416) 362-8586 Website: www.iic-iac.org
© The Society of Insurance Trainers & Educators, SITE, 2007
LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
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ACSR
Accredited Customer Service Representative
Description: The ACSR designation recognizes insurance customer service representatives. Certification is based on completing a series of modules and examinations. ACSR’s may receive their designation in Personal Lines, Commercial Lines, or Life & Health. Requirements: 1. Successful completion of a 5 or 6 modules dependent on which designation work toward. Courses:
Core Modules (required for all three designations): Module 4 Module 5
Errors and Omissions Loss Control Professional Development and Account Management
Personal Lines designation courses: Module 1 Module 2 Module 3
Homeowners Coverages\ Personal Automobile Insurance Personal Lines Related Coverages
Commercial Lines designation courses: Module Module Module Module
6 7 8 9
Commercial Commercial Commercial Commercial
Property Insurance Liability Insurance Auto Insurance Lines Related Coverages
Life and Health designation courses: Module 10 Module 11 Module 12
Understanding Life Insurance Understanding Health Insurance Understanding Disability, Government and Long-Term Care Insurance
Sponsoring Organization: Independent Insurance Agents & Brokers of America (IIABA) 127 South Peyton Street Alexandria, VA 22314 Phone: (800) 221-7917 Fax: (703) 683-7556 Website: www.independentagent.com Virtual University: http://vu.iiaa.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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AEP
Accredited Estate Planner
Description: Professional estate planners can now achieve an accreditation that acknowledges their experience and specialization in estate planning. The Accredited Estate Planner is available to attorneys, Chartered Life Underwriters, Certified Public Accountants, Certified Trust and Financial Advisors, Chartered Financial Consultants, and Certified Financial Planners®. he National Association of Estate Planners & Councils (NAEPC) is a national organization of professional estate planners and affiliated Estate Planning Councils focused on establishing and monitoring the highest professional and educational standards. NAEPC fosters public awareness of the quality services rendered by professionals who meet these standards. NAEPC builds a team approach involving cross-professional disciplines to better serve the public’s need in estate planning. Requirements: 1. The applicant must provide documentation of being licensed to practice law as an Attorney (Atty) or to practice as a Certified Public Accountant (CPA), or of being currently designated as a Chartered Life Underwriter (CLU), Chartered Financial Consultant (ChFC), Certified Financial Planner (CFP®), or Certified Trust & Financial Advisor (CTFA), in any jurisdiction of the United States of America. 2. The applicant must be presently and significantly engaged in "estate planning activities" as either an attorney, an accountant, a life insurance professional, a financial planner, or a trust officer. 3. A minimum of five (5) years of experience engaged in estate planning and estate planning activities is required in one or more of the professional disciplines described above. 4. Applicants for the AEP designation must successfully complete two graduate courses through the Richard D. Irwin Graduate School of The American College. 1 2 5. AEP applicants are required to be members of, and continuously maintain membership in, an affiliated local or regional estate planning council where such membership is available. 6. Professional reputation and character requirement. • Must continuously be in good standing with the applicant's respective professional organization and/or license authority. • Must provide the names and addresses of three professional individuals as references and provide each individual referrer a copy of the Reference Form to be returned to the NAEPC. • And if the applicant is a member of an affiliated local or regional estate planning council, as part of the council membership verification, the president of the council and one other council officer will be asked to provide information on the applicant's professional capabilities, reputation and experience on the Membership Verification Form. 7. The applicant must sign a declaration statement to continuously abide by the NAEPC Code of Ethics. 8. The applicant must acknowledge a commitment to the team concept of estate planning by signing a declaration statement. 9. The applicant must satisfy a minimum of thirty (30) hours of continuing education during the previous twenty-four (24) months, of which at least fifteen (15) hours MUST have been in estate planning. 10. AEPs are required to continuously maintain annual membership as an AEP in order to use the AEP designation. 1. AEP applicants who have at least fifteen (15) years of experience engaged in estate planning and estate planning activities in one or more of the professional disciplines described above are not required to take the educational course work and are exempt from the education requirements 2. As an alternative to taking the above mentioned courses, an applicant may elect to sit for the two "challenge exams". Courses:
Required course: GS 815
Advanced Estate Planning I
© The Society of Insurance Trainers & Educators, SITE, 2007
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One elective course selected from:3 GS GS GS GS GS
812 816 836 839 842
Business Valuation Advanced Estate Planning II Business Succession Planning I Charitable Giving Executive Compensation
3. If the applicant has completed GS 814, GS 814, or GS 838 prior to March 31, 2004, it will be accepted as an approved course. Note: Since the EPLS designation is a more difficult designation to obtain, EPLS designation holders in good standing will be automatically granted the AEP designation with no annual AEP membership dues for the first year. They will be subject to AEP annual membership requirements, including certification and re-certification, thereafter. Sponsoring Organizations: The National Association of Estate Planners & Councils 1120 Chester Avenue, Suite 470 Cleveland, OH 44114 Phone: (866) 226-2224 Fax: (216) 696-2582 Email:
[email protected] Website: www.naepc.org
© The Society of Insurance Trainers & Educators, SITE, 2007
The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (610) 526-1366 Fax: (610) 526-1510 Email:
[email protected] Website: www.theamericancollege.edu
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AFA
Associate Financial Advisor
Description: The AFA is the first stage of LIMRA’s Producer Development Series). This program improves retention, productivity, and profitability by not only getting new producers off to a fast, productive start but also by providing the knowledge and skills needed to support ongoing professional development. The first stage provides the fundamental knowledge and skills new producers need during their first year of business. Requirements: 1. Successful completion of three 100-level courses. Courses: 101 102 103
How to Sell In the New Financial Services Industries How to Manage Your Business as a Producer How to Target and Penetrate Markets
Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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AFC®
Accredited Financial CounselorSM
Description: Accredited Financial Counselors have met independently developed standards certifying their ability to assist individuals and families in the complex process of financial decision making. They are prepared to educate clients in sound financial principles, assist clients in overcoming financial indebtedness, help clients identify and modify ineffective money management behaviors, guide clients in developing successful strategies for achieving their financial goals, and support clients as they work through their financial challenges and opportunities. In addition, AFCs help clients develop new perspectives on the dynamics of money in relation to family, friends and individual self-esteem. Requirements: 1. Complete registration form and submit the form to the AFCPE offices. 2. Identify proctor at local community college, learning center and complete the exam. Candidates must earn a 70% on each course examination. 3. Subscribe to the AFC Code of Ethics 4. Submit three letters of reference attesting to professional competence (one from supervisor, one from a fellow professional and one from a client). 5. Have two years of admissible financial counseling experience: • Offering one-on-one counseling or advising services for clients. • Developing and conducting education and training for clients. • Developing education and training programs for financial counselors. • Education and training financial counselors. • Serving as an education director for a financial counseling organization. • Supervising financial counselors. 6. Maintain Continuing Education Credits. Courses: ¾ Personal Finance ¾ Financial Counseling and Debt Management Sponsoring Organization: Association for Financial Counseling and Planning Education® 1500 W. Third Avenue Suite 223 Columbus, OH 43212 Phone: (614) 485-9650 Fax: (614) 485-9621 E-mail:
[email protected] Website: www.afcpe.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AFSB
Associate in Fidelity and Surety Bonding
Description: The AFSB program covers contract and commercial surety, crime insurance, accounting skills and the legal aspects of bonds. Requirements: 1. Five courses (Three or four undergraduate semester hours each. ACE recommendations for the courses in the new CPCU curriculum are pending approval.). 2. Successful completion of five examinations. Courses: AFSB 151 AFSB 152 AFSB 153 CPCU 530 CPCU 540
Principles of Suretyship Contract Surety Crime Insurance and Non-contract Surety The Legal Environment of Risk Management and Insurance Finance for Risk Management and Insurance Professionals
Course sequence: It is best to take AFSB 151 first and to take CPCU 540 before AFSB 152. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AFSI
Associate, Financial Service Institute
Description: The AFSI is a new designation that rewards professionals who go beyond the basics in acquiring critical industry knowledge, and provides for a higher level of customization in learning paths, based on jobspecific learning needs. Requirements 1. Three required courses from the FFSI course list. 2. Two elective courses from the FFSI course list. Courses:
Required Courses (3): LOMA 286 LOMA 305 LOMA 356
Principles of Financial Services and Products Personal Financial Planning Investment Principles and Institutional Investing
Elective Courses (2): LOMA LOMA LOMA LOMA LOMA
311 316 326 351 380
Business Law for Financial Services Professionals-US Business Law for Financial Services Professionals – Canada Financial Services Marketing Financial Services Environment Financial Services and Products for Organizations
Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AFSR
Accredited Financial Services Representative
Description: The Accredited Financial Services Representative (AFSR) program is designed to train financial services representatives on their role in a property/casualty agency. An agent will earn the AFSR designation following the completion of four modules and the Best Practices Guide to Agency Business Processes and Workflow. Requirements: 1. Successful completion of five modules. Modules: ¾ You’re a Financial Services Rep in a P&C Agency and How to Really Make It Work ¾ Business Development: How to Market Your Services to Increase Your Business ¾ Product Training to Keep You On The Cutting Edge. ¾ Successful Strategies of Client Services ¾ Best Practices Guide to Agency Business Processes and Workflow Sponsoring Organization: Independent Insurance Agents & Brokers of America (IIABA) 127 South Peyton Street Alexandria, VA 22314 Phone: (800) 221-7917 Fax: (703) 683-7556 Website: www.independentagent.com Virtual University: http://vu.iiaa.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIAA
Associate, Insurance Agency Administration
Description: The AIAA program is designed for administrative agency staff and home office staff working with agencies. It provides important information on organizing an agency office, providing sales staff support, using agency information systems, improving communications and workflow to insurers, controlling agency expenses, identifying compliance and sales practice issues, solving problems unique to the agency office, and maximizing productivity of administrative staff. Requirements: 1. Successful completion of six courses 2. Successful completion of six examinations. Courses: LOMA 280 LOMA 286 LOMA 290 LOMA 320 LOMA 301 LOMA 326 ACS 100 AIAA 200 AIRC 410 AIRC 420 LOMA 316
Principles of Insurance: Life, Health, and Annuities Principles of Financial Services and Products Insurance Company Operations Marketing Life and Health Insurance Insurance Administration Financial Services Marketing Foundations of Customer Service Agency Administration Regulatory Compliance: Companies, Producers, and Operations Regulatory Compliance: Insurance and Annuity Products Legal Aspects of Life and Health Insurance-Canada
1. May take either LOMA 280 or LOMA 286 for one course requirement, not both. 2. May take LOMA 320, LOMA 301, or LOMA 326 for one course requirement, more credit will not be given for taking more than one of these courses. 3. May take AIRC 410, AIRC 420 or LOMA 316 for one course requirement, more credit will not be given for taking more than one of these courses. 4. LOMA recommends that Canadian students not needing a background in the U.S. compliance/regulatory environment take LOMA 316 5. LOMA suggests that students outside of North America take either AIRC 410 or AIRC 420 so that they will benefit from learning how U.S. compliance laws are applied Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIAF
Associate in Insurance Accounting and Finance (IIA)
Description: The AIAF program is designed to enable completers to perform or manage accounting functions and contribute to financial decisions in insurance companies. The program involves a study of statutory accounting, applications of information systems in the processing of accounting information, and principles of finance for insurance companies. Requirements: 1. Four courses (Three undergraduate semester hours each. ACE recommendations for the courses in the new CPCU curriculum are pending approval). 2. Successful completion of four examinations. Courses: AIAF 111 AIAF 112 CPCU 520 CPCU 540
Statutory Accounting for Property and Liability Insurers Insurance Information Systems Insurance Operations and Regulation Finance for Risk Management and Insurance Professionals
Sponsoring Organization: Life Office Management Association (LOMA) 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 951-1770 Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
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AIAF
Associate in Insurance Accounting and Finance (LOMA)
Description: The AIAF/Life and Health Track program is an independent study of accounting and finance in the life and health insurance industry. The program evaluates insurer performance with financial data and examines the accounting and financial operations of life and health insurers. Students work at their own pace. Requirements: 1. Successful completion of five courses. 2. Successful completion of five examinations. Courses: LOMA 290 LOMA 356 LOMA 371 AIAF 112 AIAF 400
Life and Health Insurance Company Operations (LOMA) Investment Principles and Institutional Investing (LOMA) Managing for Solvency and Profitability in Life Insurance Companies (LOMA) Insurance Information Systems (AICPCU/IIA) Statutory Accounting for Life and Health Insurers (through LOMA)
1. May substitute AIAF 113, Insurance Company Finance (AICPCU/IIA, discontinued in 2007) Sponsoring Organization: Life Office Management Association (LOMA) 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 951-1770 Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
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AIAM
Associate in Insurance Account Management
Description: The Associate in Insurance Account Management (AIAM) program is six days of classes held two days at a time and covers everything from customer service to leadership skills. The students learn the full psychology of customer relationship management, how to manage their workflow and how to apply the information on a day to day basis. The students' own actual experiences are discussed among the group, thus learning from each other's successes and failures. The designation program is designed for all Customer Service Representatives, Account Executives, ACSR or similar designation holders, and any other non-production staff in an agency. It is the partner program to the Elite Force Sales Training (AIP) and is not open to outside sales staff. Requirements: 1. Complete six days of classes, two classes per day. Days need not be consecutive nor in any particular order. Classes: ¾ Communication in the Insurance Jungle ¾ Mastering Time ¾ Organizational Workflow: ¾ Conflict Resolution ¾ It's All About Relationships ¾ How Not to Get In Trouble With Your Mouth ¾ The Write Stuff ¾ Why Politics Matter ¾ Etiquette and the Spoken Word ¾ Insurance Ethics: Why be Ethical ¾ Changing Attitudes / Creating Opportunities (Survival in the Jungle) Sponsoring Organization: Independent Insurance Agents & Brokers of America (IIABA) 127 South Peyton Street Alexandria, VA 22314 Phone: (800) 221-7917 Fax: (703) 683-7556 Website: www.independentagent.com Virtual University: http://vu.iiaa.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses: Refer to the following pages for each AIC track description of requirements and courses. Course sequence It is best to take AIC 33 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
(Multi-Line Path)
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses in Multi-lines Path: AIC 33 Claim Handling Principles and Practices AIC 34 Workers' Compensation and Managing Bodily Injury Claims AIC 35 Property Loss Adjusting AIC 36 Liability Claim Practices Course sequence It is best to take AIC 33 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
(Personal Lines Auto and Liability Track)
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses in Personal Lines Auto and Liability: AIC 33 Claim Handling Principles and Practices AIC 34 Workers' Compensation and Managing Bodily Injury Claims AIC 36 Liability Claim Practices CPCU 553 Survey of Personal Risk Management, Insurance, and Financial Planning1 CPCU 555 Personal Risk Management and Property-Liability Insurance1 INS 22 Personal Insurance1 1. May only take CPCU 553, CPCU 555, or INS 22 to meet one course requirement. AIC 33, AIC 34, & AIC 36 are all required. Course sequence It is best to take AIC 33 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
(Personal Lines Homeowners)
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses in Personal Lines Homeowners Path: AIC 33 Claim Handling Principles and Practices AIC 35 Property Loss Adjusting AIC 36 Liability Claim Practices CPCU 553 Survey of Personal Risk Management, Insurance, and Financial Planning1 CPCU 555 Personal Risk Management and Property-Liability Insurance1 INS 22 Personal Insurance1 1. May only take CPCU 553, CPCU 555, or INS 22 to meet one course requirement. AIC 33, AIC 34, & AIC 36 are all required. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
(Commercial Lines Liability)
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses in Commercial Lines Liability Path: AIC 33 Claim Handling Principles and Practices AIC 34 Workers' Compensation and Managing Bodily Injury Claims AIC 36 Liability Claim Practices CPCU 552 Commercial Liability Risk Management and Insurance Course sequence It is best to take AIC 33 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIC
Associate in Claims
(Commercial Insurance Property)
Description: The AIC program provides an introduction to the claim representative's role and function. It examines a wide variety of claims, including property, auto, workers compensation, and bodily injury. It also covers communication and negotiation skills. Requirements: 1. Four courses (Two or three undergraduate semester hours each) in either the multi-lines path or one of four alternative emphasis paths. 2. Successful completion of four examinations in one of five possible paths. Courses in Commercial Insurance Property Path: AIC 33 Claim Handling Principles and Practices AIC 35 Property Loss Adjusting AIC 36 Liability Claim Practices CPCU551 Commercial Property Risk Management and Insurance Course sequence It is best to take AIC 33 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIDM
Associate Insurance Data Manager
Description: The AIDM curriculum examines the efficient collection and reporting of insurance data, data quality control techniques, and essential organizational/technological expertise related to insurance data management. Requirements: 1. Four courses. 2. Successful completion of four examinations. Courses: IDMA 1 Insurance Data Collection and Reporting IDMA 2 Insurance Data Quality IDMA 3 Systems Development and Project Management IDMA 4 Data Management, Administration, and Warehousing Sponsoring Organization: Insurance Data Management Association 545 Washington Boulevard, 22-16 Jersey City, NJ 07310-1686 Phone: (201) 469-3069 Email:
[email protected] Website: www.idma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIE
Accredited Insurance Examiner
(Property/Casualty)
Description: This program is offered to insurance regulatory professionals and provides extensive training in either of the two primary fields of insurance regulation, property & casualty or life & health, with three options under life & health: life, health or information systems. Requirements: 1. Completed at least two years of verifiable fulltime regulatory work. 2. Must spend 75% of his or her time as an employee or contractor for an insurance regulatory agency. 3. Completion of at least 8 professional development courses in the selected curriculum. 4. Continuing education Courses:
Property/Casualty Path: INS 22 INS 23 AIC 34 AIC 35 AIC 36 CPCU 510 CPCU 520 CPCU 530 CPCU 552 CPCU 560 IR 201 AIAF 111
Personal Insurance Commercial Insurance Workers Comp and Managing Bodily Injury Claims1 Property Loss Adjusting1 Liability Claim Practices1 Foundations of Risk Management, Insurance & Professionalism Insurance Operations & Regulation The Legal Environment of Risk Management & Insurance Commercial Liability Risk Management & Insurance Financial Services Institutions Insurance Regulation Statutory Accounting for Property & Liability Insurance
1. Only one of these three courses may be counted toward earning an AIE; AIC 34, 35, or 36. Sponsoring Organization: Insurance Regulatory Examiners Society 12710 S. Pflumm Road, Suite 200 Olathe, Kansas 66062 Phone: (913) 768-4700 Fax: (913) 768-4900 Email:
[email protected] Website: www.go-ires.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIE
Accredited Insurance Examiner
(Life & Health)
Description: This program is offered to insurance regulatory professionals and provides extensive training in either of the two primary fields of insurance regulation, property & casualty or life & health, with three options under life & health: life, health or information systems. Requirements: 5. Completed at least two years of verifiable fulltime regulatory work. 6. Must spend 75% of his or her time as an employee or contractor for an insurance regulatory agency. 7. Completion of at least 8 professional development courses in the selected curriculum. 8. Continuing education
Life & Health Path Required Core Courses (4): LOMA 280 HS 323 AHIP Part A LOMA 290 HS 323 HS 324 HS 325 AHIP Part B AIRC 410 AIRC 420
Principles of Insurance: Life, Health & Annuities2 Individual Life Insurance2 Fundamentals of Health Insurance, Part A (Basics of Health Insurance)2 Insurance Company Operations3 Individual Life Insurance3 Life Insurance Law3 Group Benefits3 Fundamentals of Health Insurance, Part B (Basics of Company Operations)3 Regulatory Compliance — Companies, Producers and Operations Regulatory Compliance — Insurance and Annuity Products
2. Only one of these three courses may be counted toward earning an AIE; LOMA 280, HS 323, or AHIP Part A. 3. Only one of these three courses may be counted toward earning an AIE; LOMA 290, HS 323, HS 324, HS 325, or AHIP Part B.
Elective Courses (4 Optional – all Life, all Health, or all Information Systems): Life: LOMA 311 HS 324 LOMA 320 LOMA 330 LOMA 301 LOMA 361
Business Law for Financial Services Professionals4 5 Life Insurance Law5 Life and Health Insurance Marketing Management Principles and Practices Insurance Administration Accounting and Financial Reporting in Life Insurance Companies
4. Students who have already taken LOMA 310 may receive credit for LOMA 311. 5. Only one of these three courses may be counted toward earning an AIE, LOMA 311 of HS 324.
Health:
ICA C1 ICA C3 ICA C4 AHM 250 AHM 510 AHM 530 AHIP AHIP AHIP
Medical and Dental Aspects of Claims6 The Claims Environment6 Management of Claims Operations6 Managed Healthcare: An Introduction Governance and Regulation Network Management Disability, Part I, II or III HIPAA Primer Long-Term Care, Part I
© The Society of Insurance Trainers & Educators, SITE, 2007
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AHIP AHIP
Medical Expense Insurance Supplemental Insurance
6. Only one of these three courses may be counted toward earning an AIE; ICA C1, C3, or C4.
Information Systems:
IDMA 2 Insurance Data Quality IDMA 3 Systems Development & Project Management IDMA 4 Data Management, Administration & Warehousing ACL Proficiency Exam (administered by NAIC) Sponsoring Organization: Insurance Regulatory Examiners Society 12710 S. Pflumm Road, Suite 200 Olathe, Kansas 66062 Phone: (913) 768-4700 Fax: (913) 768-4900 Email:
[email protected] Website: www.go-ires.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIIC
Associate of the Insurance Institute of Canada
Description: The AIIC program is a Canadian, property/casualty insurance education program. Semester long courses deal with the legal context of insurance, property, liability and auto insurance and claims handling. Students also choose additional courses according to their own area of specialty. AIIC courses can be taken as classroom or distance learning courses. Requirements: 1. Twelve courses (six mandatory and six electives). 2. Successful completion of twelve examinations. 3. Employment in the insurance industry for at least one year. 4. Membership in local insurance institute in Canada. Courses:
Mandatory C C C C C C
11 12 13 14 16 17
Principles and Practice of Insurance Insurance on Property - Part I Insurance Against Liability Automobile Insurance - Part I The Business of Insurance Claims I
Students take an additional six courses from their choice of one of the following programs (a menu of 27 courses in all): 1. 2. 3. 4. 5.
Underwriting Claims Brokers/Agents Loss Prevention Marine
Sponsoring Organization: The Insurance Institute of Canada 18 King Street East, 6th floor Toronto, Ontario M5C 1C4, Canada Phone: (416) 362-8586 Website: www.iic-iac.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIM
Associate in Management
Description: The AIM program provides an introduction to a variety of human resource functions, business news analysis, and general management principles and practices. Requirements: 1. Three courses (Three undergraduate semester hours each.) 2. Successful completion of two examinations (AIM 40 and AIM 44) and successful completion of the reading and analysis questions for AIM 45 (see below). 3. You must answer 150 questions from the posted articles and will have 14 months to complete the course.. Courses: AIM 40 Management AIM 44 Human Resource Management AIM 45 Managing Business Organizations Today Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIP
Associate in Insurance Production
Description: The Elite Force Sales Training Program is designed to be a complete training program for newer producers (recommended for agents with less than three years experience in sales and less than five in the insurance industry) who have a basic understanding of the sales process who now seek the foundation of a strong sales skills program to transform them into superstars in production. Requirement: 1. Attend 12 full days of training done three days at a time on a quarterly basis. Curriculum:
DAY ONE
DAY SEVEN
DAY TWO
DAY EIGHT
Perception, Power and Performance Consultative Relationships The Numbers Game Prospecting
DAY THREE
Time Management The Perfect Sale
DAY FOUR
Learning As A Lifestyle Six Steps To Success
DAY FIVE
Marketing For Success Managing The Sales Process
DAY SIX
Referrals Conflict and Politics
War Stories The Presentation The Negotiations Case Studies and Practice
DAY NINE
Team Work and the Case Analysis The Interview
DAY TEN
Business Etiquette To Close or Not To Close
DAY ELEVEN
The Customer As King The Triangle
DAY TWELVE
Motivation for the Long Run Your Sales Style
Sponsoring Organization Independent Insurance Agents & Brokers of America (IIABA) 127 South Peyton Street Alexandria, VA 22314 Phone: (800) 221-7917 Fax: (703) 683-7556 Website: www.independentagent.com Virtual University: http://vu.iiaa.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIRC
Associate, Insurance Regulatory Compliance
Description: This program provides you with a comprehensive knowledge base for the complex issues surrounding state and federal regulation of the life and health insurance industry and products. The AIRC Program will provide you with a better understanding of compliance concepts, terms, processes, and regulatory requirements so you can avoid unfavorable consequences for your company and speed up the product approval process. Requirements: 1. Successful completion of six courses 2. Successful completion of six examinations. Courses: LOMA 280 LOMA 286 LOMA 290 LOMA 311 LOMA 316 LOMA 320 LOMA 326 AIRC 410 AIRC 420
Principles of Insurance: Life, Health, and Annuities Principles of Financial Services and Products Insurance Company Operations Business Law for Financial Services Professionals-US Business Law for Financial Services Professionals-Canada Life and Health Insurance Marketing Financial Services Marketing Regulatory Compliance: Companies, Producers, and Operations Regulatory Compliance: Insurance and Annuity Products
1. May take either LOMA 280 or LOMA 286 for one course requirement, not both. 2. May take either LOMA 311 or LOMA 316 for one course requirement, not both. 3. May take either LOMA 320 or LOMA 326 for one course requirement, not both Sponsoring Organization: LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIS
Associate in Insurance Services
Description: The AIS program is designed for people who want to become familiar with the terms, tools, and ideas of continuous improvement. It focuses on customer orientation, as well as process management and improvement. The program provides an effective team building tool if you take the course with others in your department or office. Requirements: You can earn the Delivering Insurance Services certificate upon successful completion of the AIS 25 exam. Or you can earn the AIS designation by passing the AIS 25 exam and the exams for any of the following: Accredited Adviser in Insurance (AAI) Associate in Claims (AIC) Associate in Commercial Underwriting (AU) Associate in Fidelity and Surety Bonding (AFSB) Associate in Marine Insurance Management (AMIM) Associate in Personal Insurance (API) Associate in Premium Auditing (APA) Associate in Reinsurance (ARe) Associate in Risk Management (ARM) Associate in Surplus Lines Management (ASLI) CPCU 510, 520, 551, 552, and 553 CPCU 510, 520, 555, 556, and 557 Program in General Insurance (INS) Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AIT
Associate in Information Technology
Description: The AIT program examines software and personal computers, information processing in the insurance industry, and various automated activities including selection, installation, and conversion. Requirements: 1. Three courses (two or three undergraduate semester hours each). 2. Successful completion of three examinations. Courses: AIT 131 Essentials of Information Technology AIT 132 Insurance Uses of Technology AIT 134 The Strategic Management of Information Course sequence: It is best to take AIT 131 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ALHC
Associate, Life and Health Claims
Description: The ALHC Program of the International Claim Association (ICA) is designed to provide an introduction to life and health insurance and a thorough understanding of claim administration in the life and health industry for both individual and group coverages. Requirements: Successful completion of six courses and six examinations. The six required courses include two introductory courses and four associate-level courses. The introductory courses may be taken from either of the following programs: • •
LOMA (FLMI Program) The AHIP (America’s Health Insurance Plans) Program
Courses:
Intro Courses: LOMA 280 LOMA 290 AHIP AHIP
ICA Courses:
C1 C2 C3 C4
Principles of Insurance: Life, Health, and Annuities Insurance Company Operations -ORFundamentals of Health Insurance, Part A (Basics of Health Insurance) Fundamentals of Health Insurance, Part B (Basics of Company Operations)
Medical Aspects of Claims Life and Health Insurance Law Claim Administration Management of Claim Operations
Sponsoring Organization: ICA Office of the Registrar 1155 15th Street, NW Suite 500 Washington, DC 20005 Phone: (202) 452-0143 Fax: (202) 530-0659 Email:
[email protected] Website: www.claim.org
LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
Note: This program is administered for the International Claim Association (ICA)
© The Society of Insurance Trainers & Educators, SITE, 2007
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ALMI
Associate, Life Management Institute
Description: Courses in the program provide a comprehensive business education in the context of the life and health insurance industry, and at the same time provide achievable goals. It is also offered in other languages such as: Spanish, French, Korean, and others. Requirements: 1. Three required courses from the FLMI course list. 2. Two elective courses from the FLMI course list. Courses:
Required Courses (3):
LOMA 280 LOMA 290 LOMA 356
Principles of Insurance: Life, Health, and Annuities Insurance Company Operations Investments and Institutional Investing
Elective Courses (2): LOMA LOMA LOMA LOMA LOMA LOMA LOMA LOMA
301 311 316 320 330 351 361 371
Insurance Administration Business Law for Financial Services Professionals-US Business Law for Financial Services Professionals-Canada Life and Health Insurance Marketing Management Principles and Practices Financial Services Environment Accounting and Financial Reporting in Life Insurance Companies Managing for Solvency and Profitability in Life Insurance Companies
Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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Alternative Investments Certificate Description: The IMCA Alternative Investments Certificate Program gives you the opportunity to acquire expertise in these alternative asset classes through the mastery of text and study materials and a five-day educational experience at The Wharton School at the University of Pennsylvania. You will have four full days of intense classroom instruction by Wharton professors as well as leading alternative-investment practitioners. The Wharton experience ends on the fifth day with a two-hour morning exam; upon passing the exam, you will have earned the IMCA Alternative Investments Certificate. Requirements: 1. Twelve weeks of pre-study. 2. One week of intensive classroom instruction. Sessions: ¾ Manager Selection ¾ Today’s Regulatory Environment ¾ Funds of Funds ¾ Analyzing Hedge Funds: Equity Strategies ¾ Analyzing Hedge Funds: Fixed-Income Strategies ¾ Private Equity ¾ Equity Real Estate ¾ Integrative Case: The Investment Strategy and Ethics Note: Session topics are subject to change. Please contact IMCA for details. Sponsoring Organization: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AMIM
Associate in Marine Insurance Management
Description: The AMIM program is a study of inland and ocean marine insurance contracts, loss exposures, and underwriting criteria relating to inland and ocean marine insurance coverages. The curriculum also covers insurance ethics, contracts, and business law and insurance. Requirements: 1. Six courses (Two or three undergraduate semester hours each. ACE recommendations for the courses in the new CPCU curriculum are pending approval.). 2. Successful completion of six examinations. Courses:
Required Courses (4): AMIM 121 AMIM 122 CPCU 510 CPCU 530
Ocean Marine Insurance Inland Marine Insurance Foundations of Risk Management, Insurance, and Professionalism The Legal Environment of Risk Management and Insurance
Elective Courses(2):
Two Institute courses from a list of 28. Call an Institute Customer Service representative at (800) 644-2101 for a complete list. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AOHST
Associate Occupational Health and Safety Technologist
Description: This program is intended for persons who work in occupational health and safety. Typical individuals are involved in safety inspections, industrial hygiene monitoring, safety and health training, investigating and maintaining records and similar functions. The job duties may be full-time or part-time. Qualifications are less stringent than those of the Certified Safety Professional (CSP) operated by the Board of Certified Safety Professionals or the Certified Industrial Hygiene (CIH) operated by the American Board of Industrial Hygiene. Candidates may substitute college courses in health and safety or an associate degree or higher in certain disciplines for up to 2 years of the experience requirement. Students in associate or higher degree programs in occupational safety and health may sit for the examination during their last semester. The OHST certification has achieved recognition in several state regulations related to safety, worker's compensation and other areas. Requirements: 1. Must pass the OHST Examination. 3. Have duties that require technical skills and knowledge in safety and health. 4. May work part-time or full-time in safety and health (35% is the minimum). 5. Pay an annual renewal fee. Examinations: OHST Examination Note: This is a temporary designation that denotes progress toward the OHST certification. Once all OHST experience qualifications are met, the AOHST is awarded the OHST certification and must then follow maintenance requirements for the OHST designation. Sponsoring Organization: Council on Certification of Health, Environmental and Safety Technologists 208 Burwash Avenue Savoy, IL 61874-9571 Phone: (217) 359-2686 Fax: (217) 359-0055 Email:
[email protected] Website: www.cchest.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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APA
Accredited Pension Administrator
Description: The Accredited Pension Administrator (APA) designation was earned by the successful completion of six study courses and examinations covering all aspects of plan administration. NIPA is reducing the number of APA exams from six to four beginning with the December 2007 exams. Any person may take APA examinations, but two years of experience in plan administration is required for the designation. The APA is maintained by annually completing 15 hours of continuing education and current NIPA membership. Potential APAs include pension administrators, retirement relationship managers, and ERISA Compliance specialists. Requirements: 1. Two years experience in plan administration. 2. Successful completion of four courses and their respective exams. 3. Current NIPA membership 4. Maintain continuing education credits. 5. Designation must be earned within five years from the successful completion of your first exam. Courses: APA Course APA Course APA Course APA Course
I Overview of the Retirement Field II 401(k) Plan Administration III Distributions IV Selected Topics in Retirement Plans
Sponsoring Organization: National Institute of Pension Administrators 401 N. Michigan Ave., #2200 Chicago, Illinois 60611-4267 Phone: (800) 999-NIPA (6472) Fax: (312) 245-1085 E-mail:
[email protected] Website: www.nipa.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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APA
Associate in Premium Auditing
Description: The APA program is designed to give students knowledge of premium auditing and the ability to apply such knowledge in a multitude of property-liability insurance contracts. The APA curriculum includes courses in ethics, property and casualty insurance, risk management, and accounting and finance. Requirements: 1. Four courses (Two or three undergraduate semester hours each). 2. Successful completion of four examinations. Courses: APA 91 Principles of Premium Auditing APA 92 Premium Auditing Applications CPCU 520 Insurance Operations and Regulation CPCU 540 Finance for Risk Management and Insurance Professionals1 CPCU 552 Commercial Liability Risk Management and Insurance1 1. You may take either CPCU 540 or CPCU 552 to fulfill one required course obligation. By taking both you will not receive credit for two required courses. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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API
Associate in Personal Insurance
Description: The API program provides a thorough understanding of the insurance business, personal insurance coverages, personal insurance underwriting and marketing practices, and the personal insurance environment. Requirements: 1. Four courses (Two or three undergraduate semester hours each). 2. Successful completion of four examinations. -OR1. Three courses (Two or three undergraduate semester hours each). 2. Successful completion of three examinations. Courses: API 28 API 29 INS 21 INS 22
Personal Insurance: Underwriting and Marketing Practices Personal Insurance: Portfolio Management and Issues Property and Liability Insurance Principles Personal Insurance1
1. CPCU 553 (CPCU 2) waives INS 22 for the purposes of earning the API designation. API 28 CPCU 555 CPCU 556
-ORPersonal Insurance: Underwriting and Marketing Practices Personal Risk Management and Property-Liability Insurance Personal Financial Planning
Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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APM
Associated Professional Member
Description: The APM credential recognizes individuals with one of the following backgrounds: • Attorneys • Certified Public Accountants • Agents enrolled to practice before the IRS • Holders of the Master of Science in Financial Service degree from The American College • Members of the American Academy of Actuaries • Associates, Members and Fellows of the Conference of Consulting Actuaries • Associates and Fellows of the Society of Actuaries • Holders of the Accredited Pension Administrator designation from the National Institute of Pension Administrators • Holders of the Chartered Life Underwriter designation from The American College • Holders of the Chartered Financial Consultant designation from The American College • Holders of the Certified Financial Planner designation from a program accredited by the Certified Financial Board of Standards • Fellows of the Life Management Institute Requirements: 1. Attainment of any of the above credentials. 2. Evidence of three years of experience in pension related matters. 3. Approval by the board of directors. 4. Payment of annual dues. Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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APR
Accredited Pension Representative
Description: The Accredited Pension Representative (APR) designation is earned by the successful completion of two study courses and examinations covering the fundamentals of retirement plans with an emphasis on defined contribution plans and investment philosophy. The APR also requires an NASD Series 6, 7, 65, 66, 24, or an insurance license, and is maintained by annually completing 10 hours of continuing education and current NIPA membership. Potential APRs include retirement plan personnel, financial consultants / planners, and Registered Investment Advisors Requirements: 1. Successfully complete two courses and their exams. 2. NASD Series 6, 7, 65, 66, 24, or an insurance license. 3. Maintain continuing education credits 4. Current NIPA membership 5. Designation must be earned within five years from the successful completion of your first exam. Courses: APR Course I APR Course II
Overview of Retirement Field Advanced Topics In Retirement Plans
Sponsoring Organization: National Institute of Pension Administrators 401 N. Michigan Ave., #2200 Chicago, Illinois 60611-4267 Phone: (800) 999-NIPA (6472) Fax: (312) 245-1085 E-mail:
[email protected] Website: www.nipa.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARA
Associate, Reinsurance Administration
Description: The ARA program is designed for individuals who work in reinsurance, reinsurance administration, and related areas of both reinsurers and ceding companies. The program explains reinsurance principles; the importance of the treaty in reinsurance; the development, administration, and auditing of reinsured products; and the importance of reinsurance to the insurance industry. Requirements: 1. Successful completion of six courses 2. Successful completion of six examinations. Courses (One course required from each category):
Basic Principles: (Choose one)
LOMA 280—Principles of Insurance: Life, Health, and Annuities LOMA 286—Principles of Financial Services and Products
Insurance Operations:
LOMA 290—Insurance Company Operations
Insurance Administration:
LOMA 301—Insurance Administration
Reinsurance:
ARA 440—Reinsurance Administration
Accounting:
LOMA 361—Accounting and Financial Reporting in Life and Health Insurance Companies
Law/Compliance: (Choose one)
LOMA 311—Business Law for Financial Services Professionals-U.S. LOMA 316—Business Law for Financial Services Professionals-Canada AIRC 410—Regulatory Compliance: Companies, Producers, and Operations AIRC 420—Regulatory Compliance: Insurance and Annuity Products
Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARC
Associate in Regulation and Compliance
Description: The ARC program provides an understanding of the insurance regulatory environment and the effect that regulation has on the business of insurance. It covers federal regulation, state insurance departments, NAIC and state legislatures, solvency regulation, and formation, licensing and marketing regulation, and more. Requirements: You can earn a Certificate of Completion for passing only the IR 201 exam. Or you may choose to earn the ARC designation by passing the AIAF 111 and CPCU 520 exams in addition to IR 201. Courses: IR 201 AIAF 111 CPCU 520
Insurance Regulation Statutory Accounting for Property and Liability Insurers Insurance Operations and Regulation
Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARe
Associate in Reinsurance
Description: The ARe program provides an understanding of reinsurance operations, reinsurance terms and pricing, reinsurance treaties, and facultative certificates, combine with insurance accounting and financial analysis. It also teaches the skills needed to design a reinsurance program. Requirements: 1. Four courses (Three undergraduate semester hours each.). 2. Successful completion of four examinations. 3. One elective course w/ successful completion of examination Courses:
Required Courses(4):
ARe 143 ARe 144 ARe 145 CPCU 520
Primary Insurance Coverages Reinsurance Practices and Principles Readings in Reinsurance Issues and Developments Insurance Operations and Regulation
Elective Courses(1): CPCU 540 ARM 56 AIAF 111
Finance for Risk Management and Insurance Professionals Risk Financing Statutory Accounting for Property-Casualty Insurers
Course Sequence: It is better to take ARe 143 before ARe 144. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARM
Associate in Risk Management
Description: The ARM program examines the risk management decision-making process, which includes identifying loss exposures, developing the techniques for treating exposures, implementing and monitoring appropriate control techniques, and completing the process in terms of risk financing techniques. Requirements: 1. Three courses (three graduate semester hours each). 2. Successful completion of three examinations. Courses: ARM 54 Essentials of Risk Management ARM 55 Essentials of Risk Control ARM 56 Risk Financing Course Sequence: It is best to take ARM 54 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARM-P
Associate in Risk Management for Public Entities
Description: The ARM-P program examines the risk management decision-making process, which includes identifying loss exposures, developing the techniques for treating exposures, implementing and monitoring appropriate control techniques, and completing the process in terms of risk financing techniques. Requirements: 1. Successful completion of ARM designation. 2. Successful completion one additional course. Courses:
ARM designation: ARM 54 ARM 55 ARM 56
Essentials of Risk Management Essentials of Risk Control Risk Financing
Additional required course: RMPE 352
Risk Management for Public Entities
Course Sequence: It is best to take ARM 54 first. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ARPM
Associate in Risk Pool Management
Description: The program is designed to develop individuals qualified to administer risk management pools. The program is largely self-directed and will take approximately 2 years or less to complete. Most of the curriculum is provided through existing IEA/IIA certification programs (ARM, CPCU) with additional training in the practical aspects of risk pool management provided by CAJPA. Because this is a joint project of CAJPA and the IEA, the designation will have great value and credibility in the risk pool community. Requirements: 1. Successful completion of 6 courses and examinations. 2. Six hours of continuing education in a field related to risk pool management and/or leadership skills. Courses: ARM 54 ARM 55 ARM 56 CPCU 530 ARPM 601 ARPM 602
Risk Assessment Risk Control Risk Financing The Legal Environment of Risk Management and Insurance Essentials of Risk Pool Financing Buisiness Related Work Project or JPA Industry Interview Project
Sponsoring Organizations: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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ASA
Associate of the Society of Actuaries
Description: An Associate of the Society of Actuaries has demonstrated knowledge of the fundamental concepts and techniques for modeling and managing risk. The Associate has also learned the basic methods of applying those concepts and techniques to common problems involving uncertain future events, especially those with financial implications. The Associate has also completed a professionalism course covering the professional code of conduct and the importance of adherence to recognized standards of practice. Requirements: 1. Completion of educational experiences in three subjects 2. Successfully pass four exams 3. Eight Internet based modules 4. Complete the Associateship Professionalism Course, a half-day seminar. Courses: ¾ Validation by Educational Experience for Economics ¾ Corporate Finance and Applied Statistics ¾ Associateship Professionalism Course Exams: Exam P Exam FM Exam MLC Exam MFE Exam C
Probability Financial Mathematics Actuarial Models, Life Contingencies Actuarial Models, Financial Economics Construction and Evaluation of Actuarial Models
Modules ¾ Fundamentals of Actuarial Practice (FAP) Modules 1-8 and all related assessments 1. Exams P, FM and C are jointly administered with the Casualty Actuarial Society. Sponsoring Organization: Society of Actuaries 475 N. Martingale Road, Suite 600 Schaumburg, IL 60173-2226 Phone: (847) 706-3500 Website: www.soa.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ASF
Associate in State Filings
Description: The ASF program enables insurance compliance professionals to have a good foundation in analyzing insurance as a risk management tool, identifying the skills needed to read, analyze and interpret insurance contracts, an overview of the various insurance functions and how they interact, and an understanding of the annual statement and the financial information it contains. Requirements: 1. Five years in the insurance industry. 2. Three years in the State Filing function. 3. Successful completion of three courses. 4. Membership in the Association of Insurance Compliance Professionals. 5. Enrollment in the program. Courses:
Property & Casualty CPCU 1 CPCU 5 AIAF 111
Ethics, Insurance Perspectives, and Insurance Contract Analysis Insurance Company Operations Statutory Accounting for Property and Liability Insurers
Life and Health FLMI 280 FLMI 290 FLMI 310
Principals of Insurance Company Operations Legal Aspects of Life and Health Insurance
Sponsoring Organization: Association of Insurance Compliance Professionals 740 Florida Central Parkway, Suite 1020 Longwood, FL 32750 Phone: (407) 834-6688 Email:
[email protected] Website: www.aicp.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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ASLI
Associate in Surplus Lines Insurance
Description: Attaining the ASLI designation gives the student an understanding of the purpose and evolution of surplus lines insurance, detailed knowledge of the elements of the surplus lines market, and familiarity with surplus lines principles and issues. Requirements: 1. Two required courses and two elective courses (Two undergraduate semester hours.). 2. Successful completion of four examinations. Courses:
Required courses(2): ASLI 163 ASLI 164
Surplus Lines Insurance Operations Surplus Lines Insurance Products
Elective courses(2):
Two Institute courses from a list of 24. Call an Institute Customer Service representative at (800) 644-2101 for a complete list. Course Sequence: It is better to take ASLI 163 before ASLI 164. Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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ASP
Associate Safety Professional
Description: The ASP is an interim designation leading to the Certified Safety Professional (CSP) certification. It is achieved once an applicant passes the first of two examinations leading to the CSP credential. The ASP designation shows progress toward the CSP certification. Requirements: 1. Successful completion of the first (Safety Fundamentals) of two examinations. 2. Graduation from college or university with an accredited baccalaureate degree in safety or any other field or an associate degree in safety and health. 3. Minimum of four years of professional safety experience. Examinations: Safety Fundamentals examination Sponsoring Organization: Board of Certified Safety Professionals 208 Burwash Avenue Savoy, IL 61874 Phone: (217) 359-9263 Fax: (217) 359-0055 Email:
[email protected] Website: www.bcsp.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AU
Associate in Commercial Underwriting
Description: The AU program covers underwriting principles include identification of loss exposure, knowledge of coverage, key underwriting questions or considerations, loss control techniques, and the underwriting decision-making process, among others. Requirements: 1. Three courses (three undergraduate semester hours each). 2. Successful completion of three examinations. -OR1. Four courses (three undergraduate semester hours each). 2. Successful completion of four exams Courses: AU 65 AU 66 INS 23 AU 65 AU 66 CPCU 551 CPCU 552
Commercial Underwriting: Principles and Property Commercial Underwriting: Liability and Advanced Techniques Commercial Insurance -ORCommercial Underwriting: Principles and Property Commercial Underwriting: Liability and Advanced Techniques Commercial Property Risk Management and Insurance Commercial Liability Risk Management and Insurance
Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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AWMA
Accredited Wealth Manger Advisor
Description: Enrollees on track to receive the Accredited Wealth Management Advisor designation will gain advanced, yet practical knowledge about these critical aspects of the financial services industry: asset management, allocation, and selection; investment performance and strategies; and taxation of investment products. The course also includes training in investment for retirement, strategies for small business owners, and the management of deferred compensation plans. In addition, instruction will cover insurance, estate planning, asset protection, and tax reduction issues. Requirements: 1. successfully complete the AWMA Program 2. pass the final exam 3. sign a code of ethics commitment and declaration form Courses: ¾ The Asset Management Process ¾ Investors, Policy & Change ¾ Risk, Return & Investment Performance ¾ Asset Allocation & Selection ¾ Investment Strategies ¾ Taxation of Investment Products ¾ Investment Opportunities for an Individual's Retirement ¾ Investment Considerations for Small-Business Owners ¾ Deferred Compensation & Other Benefit Plans for Key Executives ¾ Insurance Products for Investment Clients ¾ Estate Planning for Investment Clients ¾ Regulatory & Ethical Issues for the Investment Professional ¾ Risk Management & Investment Issues for High Net Worth Clients ¾ Income Tax & Executive Benefits Planning for High Net Worth Clients ¾ Estate Planning for High Net Worth Clients Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
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BCE
Board Certified in Estate Planning
Description: The BCE program lays a solid foundation before tackling sophisticated planning techniques. Course materials have been written with an eye toward real world situations. Content is both practical and simple to follow, unlike similar business and law school courses. The building blocks of an effective estate planning are the will and one or more trusts. Our readings are written so the client can also understand them. Older individuals and couples control most of the wealth in this country. As a BCE student, you will learn ways to unlock this wealth by providing invaluable advisory services. Such information can also be applied to the practitioner's own portfolio. A specific product group has often presented estate planning from a biased perspective. As a BCE, you and your clients will see the other opportunities available. Requirements: 1. Successful completion of six modules. 2. Successfully pass three non-cumulative exams. 3. Complete one case-study. Modules: Module I Module II Module III Module IV Module V Module VI
Ownership, Beneficiaries, Children, Wills, Probate, and Living Trusts POD Designations, Life Insurance, Retirement Benefits, plus Estate and Gift Taxes Ongoing, Tax Saving, Generation Skipping, Charitable, and Combination Trusts Control Trusts, Incapacity, plus Body and Organ Donations Estate Settlement, the First Month After Death, and Deciphering the Will Managing Assets and Paying Bills, Taxes, and Trust Termination
Sponsoring Organization: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
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BPA
Business Process Advisor
Description: Designed as a training tool for companies that provide customer solutions to local and international clients, offer back office support, or work with overseas support services, this program gets managers and staff up to speed quickly. To earn the BPA, students must complete a six-course series aimed at orienting newcomers to insurance principles and operations. Students start with required courses covering the fundamentals of health insurance, learn customer service strategies, and master the basics of care management terminology and organizational structure. Electives provide options for more advanced-level studies focusing on medical management, call centers, and HIPAA. Requirements: 1. Six courses. 2. Successful completion of all six examinations. Courses:
Required Courses (4): ¾ ¾ ¾ ¾
Fundamentals of Health Insurance Part A Fundamentals of Health Insurance Part B Managed Care Part A Customer Services Strategies for the Health Care Environment
Elective Courses (2): ¾ ¾ ¾ ¾
HIPAA Primer HIPAA Advanced Issues Medical Management, Part I: An Overview Medical Management, Part III: Call Centers
Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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CAIB
Canadian Accredited Insurance Broker
Description: CAIB was designed as a planned learning experience to give insurance brokers the opportunity to acquire the basic competencies needed to operate their own office. Requirements: 1. Four courses. 2. Successful completion of four examinations. Courses: CAIB 1 Introduction to General Insurance CAIB 2 Commercial Lines - Part I CAIB 3 Commercial Lines - Part II CAIB 4 Broker Management Sponsoring Organization: Insurance Brokers Association of Canada 155 University Avenue, Suite 1230 Toronto, Ontario M5H 3B7 Canada Phone: (416) 367-1831 Fax: (416) 367-3687 Website: www.ibac.ca
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CAM
Chartered Asset Manager
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed an AAF Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, asset management, accounting, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. Five or more years of asset management or wealth management experience 4. Agree to engage in 15 flexible hours of continued education per year & abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, asset management, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be prequalified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.financialanalyst.org www.aafm.org www.aafmchina.com www.aafmtw.com www.aafmindia.com www.aafm.com.hk www.analistafinanciero.com www.aafmgcc.com
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CAP
Chartered Advisor in Philanthropy
Description: The Chartered Advisor in Philanthropy program is designed to assist anyone who is likely to advise clients and prospective donors about long-term planning for financial assets including attorneys, CPAs, development officers, planned giving officers, financial planners/wealth advisors, insurance professionals, brokers, investment advisors, trust officers, private bankers. The CAP designation is offered through the College’s Irwin Graduate School. Requirements: 1. Completion of three courses with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses:
Three “core” required courses: GS 839 GS 849 GS 859
Charitable Giving Charitable Giving Applications Charitable Giving: Managing the Tools, the Applications, and the Relationships
Sponsoring Organization The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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CAS
Certified Annuity Specialist
Description: The Certified Annuity Specialist (CFS) designation is now celebrating its 8th year. CAS is fully accredited and is the oldest designation in the annuity industry. It is the only such designation recognized by dozens of Fortune 500 companies. This program covers all of the traditional aspects of fixed-rate and variable products; a detailed part of the materials also covers the different titling options and the estate and income tax ramifications of each. Practitioners erroneously believe that fixed-rate annuities are limited in choice and design; the actual array of features and contracts is quite extensive. The study of variable annuities takes on a whole new level when management analysis, correlation coefficients, alpha, and selection criteria are included. Even though living benefits have now existed for almost a decade, the benefits these riders provide at not largely understood or examined from a cost-benefit perspective. Requirements: 1. Successful completion of six modules. 2. Successfully pass three non-cumulative exams. 3. Complete one case-study. Modules: Module I Module II Module III Module IV Module V Module VI
Fixed-Rate and Variable Annuities Income Vehicles, Benefits, Taxation, Ownership, and Management Contract Structure, Estate Considerations, and Features Comparison Reasons to Like Annuities, Mutual Fund Comparisons, and Living Benefits Equity-Indexed Annuities Subaccount Management, Selection, and Allocation
Sponsoring Organization: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
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CASL
Chartered Advisor for Senior Living
Description: CASL is the first professional designation from a fully accredited, nonprofit educational institution to focus exclusively on the unique needs of mature clients. Developed with input from a panel of industry professionals, the designation provides advisors with comprehensive knowledge on the full range of financial, health, psychological and sociological issues confronting older clients. Advisors from many fields who complete the program gain the knowledge needed to build and expand a successful seniors practice. Requirements: 1. Completion of five courses with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses:
Five “core” required courses: HS HS HS HS HS
328 330 350 351 352
Investments Fundamentals of Estate Planning Understanding the Older Client Health and Long-Term Care Financing for Seniors Financial Decisions for Retirement
Sponsoring Organization The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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CCIB
Canadian Certified Insurance Broker
Description: The CCIB designation has become a coveted symbol of achievement among independent insurance brokers, recognized by the industry and by the public at large. The CCIB designation is awarded by the Insurance Brokers Association of Canada, denoting a professional standard of excellence towards which all commercial insurance brokers should strive. There is no formal course of study for the CCIB designation. Candidates are challenged on their practical knowledge of insurance coverages. Requirements: 1. Must be a member in good standing of the Insurance Brokers Association of Canada through their local association. 2. Candidates must have a minimum of five consecutive years' experience in the insurance industry. 3. Successful completion of three examinations. 4. Compliance with Code of Ethics. Sponsoring Organization: Insurance Brokers Association of Canada 155 University Avenue, Suite 1230 Toronto, Ontario M5H 3B7 Canada Phone: (416) 367-1831 Fax: (416) 367-3687 Website: www.ibac.ca
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CCLA
Casualty Claim Law Associate
Description: The CCLA program is an independent study program that examines the legal aspects of claims, the basis for liability in various areas of law, and dispute resolution in the courts. Each program is designed for completion in approximately eight months. Requirements: 1. Two programs, a total of fourteen courses. 2. Successful completion of fourteen comprehensive examinations. Programs: ¾ Legal Principles Program ¾ Liability Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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CCLS
Casualty Claim Law Specialist
Description: The CCLS program is an independent study program covering the handling of liability claims. It includes a review of the basis for liability in various areas of law and dispute resolution in the courts. The program is designed for completion in approximately eight months and consists of seven courses. Requirements: 1. Successful completion of seven comprehensive examinations. Program: Completion of Liability Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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CCMP
Certified Case Management Professional
Description: This cutting edge program will provide the participant with state of the art information that will give access to solutions on the most complex case files. It will help you manage your more difficult workers’ compensation cases more effectively as the instructor assists you through the decision-making process to bring closure to the most difficult open medical cases. Requirements: 1. Successful completion of four courses and examinations. 2. Six hours of continuing education every year. Courses: CA 10 CPDM 1 CCMP 1 CCMP 2
Workers’ Compensation Claim1 Essentials of Disability Management Medical – Legal Case File Management Cutting Edge Workers’ Compensation Medical Case Management
1. CA 8 or Introduction to Workers’ Compensation Claims is a required prerequisite for persons with less than six months claims handling experience. Sponsoring Organizations: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CCP
Certified Compliance Professional
Description: The ACP is offered by AICP, consisting of various course through different organizations. It offers the option to concentrate in three areas of study: Life, Health or Property & Casualty. Requirements: 1. Current membership with AICP; 2. Been in the insurance industry for five years; 3. Been in the compliance or compliance-related field for three years; 4. Completed ACP requirements 5. Continued Education based on area of concentration Courses: Life Concentration FLMI 320 Marketing Life & Health Insurance or LOMA 326 Financial Services Marketing AIRC 410 Regulatory Compliance: Companies, Producers and Operations AIRC 420 Regulatory Compliance: Insurance and Annuity Products One elective course in your specialized area (i.e., long term care, life, credit life, etc.) Note: The specific courses listed are offered by LOMA. For more information regarding these courses, refer to www.loma.org. Health Concentration* ¾ HIA or MHP, or ¾ HCAFA + 1 elective, or ¾ LTCP, or ¾ HIPAAP + 1 elective, or ¾ MMA, or ¾ DHP (Part I, II & III) + 1 elective *Note: Effective January 1, 2006, credit for Life courses will be given through March of 2007 for any member wishing to switch their course concentration. These courses are offered by AHIP. For more information regarding these courses, refer to www.ahip.org. Property/Casualty concentration ¾ AIAF 111 – Statutory Accounting for Property and Liability or CPCU 540* ¾ Ratemaking – What the State Filer Needs to Know or CAS Part 5 - Introduction to Property and Casualty Insurance and Ratemaking ¾ One elective course in your specialized area (i.e., personal lines insurance, commercial property/casualty insurance, law for insurance professionals, etc.) Note: The AIAF 111 and CPCU 540 courses are offered by AICPCU. For more information regarding these courses, refer to www.aicpcu.org. The Ratemaking course is offered by AICP. The CAS Part 5 course is offered by the Casualty Actuarial Society. For more information about this course, refer to www.casact.org.
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Sponsoring Organization: Association of Insurance Compliance Professionals 11250 Roger Bacon Drive, Suite 8 Reston, VA 20190-5202 Phone: (703) 234-4074 Fax: (703) 435-4390 Email:
[email protected] Website: www.aicp.net
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CEA
Certified Estate Advisor
Description: The CEA® is an in-depth self study training and certification program, administered and controlled by NAFEP, which provides valuable estate planning expertise and respected credentials to life insurance and securities representatives (financial planners), plus attorneys and CPAs. Many broker-dealers and financial services organizations advocate that their reps and agents complete the program before they do any estate planning or consulting with clients. After completion of the prescribed study of course material, all CEA® candidates must take and pass a 75 question, NAFEP administered and strictly controlled exam before NAFEP awards the Certified Estate Advisor®, CEA® designation to the candidate. Requirements: 1. Professional License: • Life & Health Insurance License • Registered Securities Representative • Licensed Attorney • CPA, • CFP 2. Successfully complete on-line CEA exam. Chapter Topics: ¾ Trust and Estate Planning Basics ¾ Planning, Ordering, and Funding a Client’s Trust ¾ Taxation, Advanced Gift and Estate Tax Planning, Medicaid Planning ¾ Trustee Arrangements and Fees, Fiduciary Responsibilities ¾ Unauthorized Practice of Law, Malpractice ¾ LLCs and Corporations ¾ Premier I Living Trust ¾ Premier II Life Estate Trust (Asset Protection) ¾ Premier III Children’s Gifting & Premier V Life Insurance Trust ¾ Premier VI Private Annuity Trust ¾ Premier VII/VIII Family Foundations ¾ Sales and Marketing Sponsoring Organization: 525 East 4500 Sough, No. F100 Salt Lake City, Utah 84107 Phone: (801)266-9900 Fax: (801)266-1019 Website: www.nafep.com
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CEBS Canada
Certified Employee Benefit Specialist
Description: The CEBS Program offers you the opportunity to earn designations in three distinct areas of specialization: group benefits, retirement and compensation. The Group Benefits Associate (GBA), Retirement Plans Associate (RPA) and the Compensation Management Specialist (CMS) form the core of the CEBS curriculum. Earn a designation in each of the specialty tracks and, at the same time, receive credit that will qualify toward earning the CEBS designation, which carries an eight-course requirement (six required courses plus two electives.) Requirements: ¾ Successful completion of eight courses. Courses
Required Courses (6): Course Course Course Course Course Course
1 2 3 4 5 8
Government-Sponsored Benefit Programs Principles of Life, Health and Other Group Benefits Applications of Life, Health and Other Group Benefits Pension Plans and Other Retirement Income Programs Compensation Concepts and Principles Strategic Human Resource Management and Total Compensation
Elective Courses (2):
Course Course Course Course
6 7 9 10
Executive Compensation Asset Management Health Care Economics and Issues Personal Financial Planning: Concepts and Principles
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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CEBS US
Certified Employee Benefit Specialist
Description: The CEBS Program offers you the opportunity to earn designations in three distinct areas of specialization: group benefits, retirement and compensation. The Group Benefits Associate (GBA), Retirement Plans Associate (RPA) and the Compensation Management Specialist (CMS) form the core of the CEBS curriculum. Earn a designation in each of the specialty tracks and, at the same time, receive credit that will qualify toward earning the CEBS designation, which carries an eight-course requirement (six required courses plus two electives.) Requirements: ¾ Successful completion of eight courses. Courses
Required Courses (6): Course 1 Course 2 Course 3 Course 4 Comp 1 Course 8
Employee Benefits: Concepts and Health Care Benefits Employee Benefits: Design, Administration and Other Welfare Benefits Retirement Plans: Basic Features and Defined Contribution Approaches Retirement Plans: Defined Benefit Approaches and Plan Administration Compensation Concepts and Principles Human Resources and Compensation Management
Elective Courses (2):
Course 7 Course 9 Comp 2 PFP1 PFP2
Asset Management Health Economics Executive Compensation and Compensation Issues Personal Financial Planning 1: Concepts and Principles Personal Financial Planning 2: Tax and Estate Planning Techniques
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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CEP
Certified Estate Planner
Description: CEP’s know how to serve their clients and safeguard themselves. Paying very strict attention to the prohibitions against the Unauthorized Practice of Law, the Institute has designed its course to instruct the planner in the proper techniques and language that can be used in their practice. They are bringing such valuable expertise and confidence to their clients estate planning needs Requirements: 1. Complete a rigorous course of instruction in the field of estate planning 2. Successfully pass a comprehensive examination process 3. Show a desire to associate with professional estate planning peers 4. Agree to comply with annual estate planning continuing education requirements 5. Ascribe to the practical guidelines and code of ethics of the Institute. Courses: ¾ The Basics of Estate Planning ¾ Choices Clients Make – Paths To Follow ¾ Client Decision For Will or Trust ¾ Types of Wills & Revocable Living Trusts ¾ Elements of a Good Will & Living Trust ¾ Special Will and Trust Provisions ¾ Funding The Revocable Living Trust ¾ Living with a Revocable Living Trust Note: An advanced designation, the MCEP (Master Certified Estate Planner), is also available. Please contact the National Institute of Certified Estate Planners for more information. Sponsoring Organization: The National Institute of Certified Estate Planners 3811 Southland Ave. Kokomo, IN 46902 Phone: (765) 453-4300 E-mail:
[email protected] Website: www.nicep.com
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CERA
Chartered Enterprise Risk Analyst
Description A Chartered Enterprise Risk Analyst of the Society of Actuaries is considered an Associate member who has demonstrated knowledge in the identification, measurement, and management of risk within riskbearing enterprises. The CERA has also completed a professionalism course covering the professional code of conduct and the importance of adherence to recognized standards of practice. Requirements: Completion of educational experiences in one subject; five exams, one Internet based module and the Associateship Professionalism Course, a half-day seminar. Courses: Validation by Educational Experience, Economics Associateship Professionalism Course (APC) Exams: Exam P Probability Exam FM Financial Mathematics Exam MFE Actuarial Models, Financial Economics Exam C Construction and Evaluation of Actuarial Model Exam CSP Advanced Finance/ERM Module: Financial Reporting and Operational Risk Module Sponsoring Organization: Society of Actuaries 475 N. Martingale Road, Suite 600 Schaumburg, IL 60173-2226 Phone: (847) 706-3500 Fax: (847) 706-3599 Website: www.soa.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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Cert CII
Certificate in Insurance
Description: The Certificate in Insurance is a core qualification for insurance staff working across all sectors of the industry. It provides a grounding in basic insurance principles including the regulatory environment, key insurance disciplines and popular products. It supports role-specific learning which will assist you to develop relevant competences. Requirements: 1. CII Membership 2. Adhere to Code of Ethics and Conduct 3. Accumulate 40 credits through the CII learning Program.1 4. Continuing Professional Development 1. A maximum of 30 credits obtained from financial planning qualifications (CII or comparable awarded by another educational body) can count towards the Certificate. Courses:
Compulsory Unit (1) 15 credits:
Insurance, legal and regulatory2
IF1
Elective Units3 15 credits per: IF2 IF3 IF4 IF5 IF6 IF7 LLMIT
General insurance business2 Insurance underwriting process Insurance claims handling process Motor insurance products Household insurance products Healthcare insurance products Lloyd’s and London Market Introductory Test4
2. Anyone who has passed P01 is precluded from taking IF1 or IF2 on account of the degree of syllabus overlap. 3. Certificate candidates may also sit the Foundation Insurance Test, and also select one higher unit from the Diploma or Advanced Diploma in Insurance without meeting the entry requirements for these qualifications. 4. Should you pass LLMIT, you will, on completion of the Certificate, be entitled to use the market specific designation Cert CII (London Market). CII/London Market Faculty membership requirements apply. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
© The Society of Insurance Trainers & Educators, SITE, 2007
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Cert PFS
Certificate in Financial Planning
Description: The Certificate in Financial Planning reflects the many recent changes in the financial planning industry. Its course content reflects the commercial realities of the market and the requirements of the Financial Services Authority (FSA) and the Financial Services Skills Council (FSSC) with regard to ‘appropriate’ qualifications for financial advisers. By completing the Certificate you will gain a solid grounding in the financial services market in general and financial planning advice in particular. The qualification will develop your knowledge and understanding of regulatory issues, the mechanics and purpose of the main investment products on offer and the process of giving advice to clients. Requirements: 1. Successfully complete five units and their corresponding exams. Units: CF1 CF2 CF3 CF4 CF5
UK financial services, regulation and ethics Investment and risk Financial protection Retirement planning Integrated financial planning
Note: The Certificate is extremely flexible, offering a number of additional different study routes. Please contact CII for further details. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
© The Society of Insurance Trainers & Educators, SITE, 2007
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CFA
Chartered Financial Analyst or CFA Designation Education Program
Description: The College's CFA Designation Education Program allows you to develop expertise in all areas of financial analysis, while preparing for the various levels of the examination. Our CFA Designation Education Program courses incorporate the CFA Candidate Body of Knowledge (CBOK) learning objectives developed by the CFA Institute, the organization that administers the CFA examination and awards the Chartered Financial Analyst® designation. Requirements: 1. Have a U.S. bachelor’s (or equivalent) degree, be in the final year of your bachelor's degree program, or have four years of qualified, professional work experience or a combination of work and college experience that totals at least four years 2. Meet the professional conduct admission criteria (during the application process, you will be asked to sign statements of Professional Conduct and Candidate Responsibility) 3. Be prepared to take the exams in English 4. Sequentially pass the Level I, Level II, and Level III examinations 5. Meet experience requirement: • If you became a candidate before the 2005 exam cycle: Have at least three years of acceptable professional experience working in the investment decision-making process. You are required to spend at least 40 percent of your time in these activities to accrue the required professional work experience. • If you became a candidate during the 2005 exam cycle or thereafter: Have at least four years of acceptable professional experience working in the investment decision-making process. You are required to spend at least 50 percent of your time in these activities to accrue the required professional work experience. Topical Outline: I. Ethical and Professional Standards II. Quantitative Methods III. Economics IV. Financial Statement Analysis V. Corporate Finance
VI. VII. VIII. IX. X.
Analysis of Equity Investments Analysis of Debt Investments Analysis of Derivatives Analysis of Alternative Investments Portfolio Management
Sponsoring Organization: CFA Institute 560 Ray C. Hunt Drive P.O. Box 3668 Charlottesville, VA 22903-0668 Phone: (800) 247-8132 Fax: (434) 951-5262 E-mail:
[email protected] Website: www.cfainstitute.org
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CFE
Certified Fraud Examiner
Description: The Certified Fraud Examiner (CFE) Program is an accrediting process for individuals with the specialized skills to detect, investigate and deter fraud. Certified Fraud Examiners have the expertise to resolve allegations of fraud from inception to disposition, gather evidence, take statements, write reports, testify to findings, and assist in the prevention and detection of fraud. Requirements: 1. Associate Membership in the Association of Certified Fraud Examiners. 2. The equivalent of a bachelors degree from a recognized institution of higher learning.* 3. Two years of professional experience related directly or indirectly to the detection and deterrence of fraud. 4. Successful completion of the Uniform CFE Examination. 5. Gain final approval from the certification committee and become a CFE. *Eligibility to be certified is based upon a point system, which awards credit based upon education and experience. Candidates can claim any combination of education and experience to achieve the minimum points needed. Contact the Association for more information. Courses: There are no required courses for this certification. The examination will be administered by the Association of Certified Fraud Examiners upon fulfillment of the first three requirements and submission of application. Once certified, a minimum average of 20 hours of continuing professional education is required annually. Sponsoring Organization: Association of Certified Fraud Examiners World Headquarters - The Gregor Building 716 West Ave Austin, TX 78701-2727 USA Phone: (800) 245-3321 (USA & Canada only) Phone: (512) 478-9000 Fax: (512) 478-9297 E-Mail:
[email protected] Website: www.ACFE.com
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CFP Certification
CERTIFIED FINANCIAL PLANNER™ Certification
Description: The CFP® certification is awarded to financial planners who meet CFP Board’s education, examination, experience, and ethics requirements. Requirements: 1. Education: Demonstrated academic coverage of more than 100 financial planning topics through completion of a CFP Board-Registered Program or its equivalent 2. Examination: Rigorous two-day, 10-hour CFP® Certification Examination administered by CFP Board. 3. Experience: Three to five years of financial planning related experience. Beginning January 1, 2007 a bachelor’s degree will be required for certification. 4. Ethics: Disclosure to CFP Board of any investigations or legal proceedings related to professional or business conduct. CFP® certificants must also adhere to CFP Board’s Code of Ethics and Professional Responsibility. Note: CFP® certificants must complete 30 hours of continuing education every two years, two hours of which must be in CFP Board’s Code of Ethics and Professional Responsibility, and sign a biennial disclosure statement regarding ethical conduct. Sponsoring Organization: Certified Financial Planner Board of Standards, Inc. 1670 Broadway, Suite 600 Denver, CO 80202-4809 Phone: (303) 830-7500 Website: www.cfp.net
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CFP Certification Curriculum (Meets the Education Requirement for CERTIFIED FINANCIAL PLANNER™ Certification) Description: The CFP® Certification Curriculum provides the educational component necessary to qualify to sit for the CFP® Certification Examination administered by Certified Financial Planning Board of Standards Inc. Successful completion of this examination is one of the requirements to earn the CFP® certification. The CFP® Certification Curriculum comprises the following five courses, which address the financial planning, insurance, income tax planning, retirement planning, and estate planning topics covered by the examination. Requirements: 1. Six courses, with examinations 2. American College ethics requirements Courses: HS 300 HS 311 HS 321 HS 326 HS 328 HS 330
Financial Planning: Process and Environment* Fundamentals of Insurance Planning Income Taxation Planning for Retirement Needs Investments Fundamentals of Estate Planning
*Recommended first course. The American College does not certify individuals to use the CFP®, CERTIFIED FINANCIAL PLANNER™, and CFP (with flame logo)® marks. CFP® certification is granted only by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirement such as this CFP Board-Registered Program, have met ethics, experience, and examination requirements. Students must apply to CFP Board and supply it with a transcript from The American College verifying completion of the necessary courses. Only persons registered with CFP Board are eligible to sit for the CFP® Certification Examination. Certified Financial Planner Board of Standards Inc. owns the marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP (with flame logo)®, which it awards to individuals who successfully complete initial and ongoing certification requirements. For more information about CFP® Certification, please see prior page of this handbook for CFP Certification. Sponsoring Organization (for this education program) The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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CFP
Certified Financial PlannerTM Professional Education Program
Description: The CERTIFIED FINANCIAL PLANNERTM Certification Professional Education Program satisfies the Certified Financial Planner Board of Standards, Inc. (CFP Board) educational requirement for CFP® certification. After successfully completing the College's CFP® Certification Professional Education Program, you are eligible to sit for the CFP® Certification Examination. The College for Financial Planning does not certify individuals to use the CFP®, Certified Financial PlannerTM and CFP (with flame logo)® marks. CFP certification is granted solely by Certified Financial Planner Board of Standards Inc. to individuals who, in addition to completing an educational requirements such as this CFP Board-Registered Program, have met ethics, experience and examination requirements. Requirements: 1. Successfully complete five courses and their corresponding exams. Courses: ¾ Financial Planning Process & Insurance ¾ Investment Planning ¾ Income Tax Planning ¾ Retirement Planning & Employee Benefits ¾ Estate Planning Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
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CFS
Certified Fund Specialist
Description: The Certified Fund Specialist (CFS) designation is now celebrating its 19th year. Over 11,000 members of the financial services community have gone through the program. CFS is fully accredited and is the oldest designation in the mutual fund industry. It is able to evaluate and compare financial measurements and benchmarks when constructing a portfolio. Modern portfolio theory (MPT) is a key part of the program; its components are broken down and detailed in terms the advisor can easily understand and convey to a client. Armed with MPT and other selection criteria, a suitable and efficient portfolio using closed-end, exchange-traded, and open-end funds can be derived. Requirements: 1. Successful completion of six modules. 2. Successfully pass three non-cumulative exams. 3. Complete one case-study. Modules: Module I Module II Module III Module IV Module V Module VI
Regulation, Structure, Expenses, and Titling Management and Fund Selection Tax-Free Bonds, Money Market, Specialty Categories, and Time Value Analysis Asset Categories, Market Indicators, CEFs, ETFs, and REITs Risk, Timing the Market, When to Sell, and Taxation Modern Portfolio Theory (MPT)
Sponsoring Organization: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
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CHC®
Certified Housing Counselor®
Description: Certified Housing Counselors have met independently developed standards certifying their ability to objectively assesses a client's current financial situation, identify housing issues facing a client, recommend appropriate actions to help clients obtain and maintain adequate housing, evaluate the housing and financial status of low, moderate and middle-income families, and understand the essential workings of all aspects of the industry in order to help clients make appropriate housing decisions. Requirements: 1. Earn a passing grade (70%) on each of three examinations. 2. Adhere to the CHC Code of Ethics. 3. Submit three letters of reference attesting to professional competence. 4. Have three years of admissible housing counseling experience: • Offering one-on-one counseling or advising services for clients. • Developing and conducting education and training for clients. • Developing education and training programs for financial counselors. • Education and training financial counselors. • Serving as an education director for a financial counseling organization. • Supervising financial counselors. 5. Maintain Continuing Education Credits. Courses: ¾ Personal Finance ¾ Financial Counseling ¾ Housing Principles and Practices Sponsoring Organization: Association for Financial Counseling and Planning Education 1500 W. Third Avenue Suite 223 Columbus, OH 43212 Phone: (614) 485-9650 Fax: (614) 485-9621 E-mail:
[email protected] Website: www.afcpe.org
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ChFC
Chartered Financial Consultant
Description: The ChFC program focuses on the comprehensive financial planning process as an organized way to collect and analyze information on a client's total financial situation; to identify and establish specific financial goals; and to formulate, implement, and monitor a comprehensive plan to achieve those goals. Requirements: 1. Completion of eight courses with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses:
Six “core” required courses:
HS HS HS HS HS HS
300 311 321 326 328 330
Financial Planning: Process and Environment1 2 Fundamentals of Insurance Planning2 Income Taxation Planning for Retirement Needs Investments Fundamentals of Estate Planning3
HS HS HS HS
322 332 334 352
The financial System in the Economy Financial Planning Applications4 Estate Planning Applications3 Financial Decisions for Retirement
Two elective courses, selected from:
1. You are encouraged to take HS 300 first, as it provides the best introduction to this program. 2. Students who have already taken HS 318 may not take HS 300 or HS 311 for credit toward the ChFC designation, and must take three electives. 3. HS 330 should precede HS 334. 4. If you elect to take HS 332, it should follow the ChFC core courses. Sponsoring Organization The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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CHST
Construction Health and Safety Technician
Description: Construction Health and Safety Technicians are persons who perform construction health and safety activities on a full-time or part-time basis as part of their job duties. For some, such duties may be ancillary to other job functions. Some examples of construction health and safety activities are safety inspections, job safety planning, organizing and conducting health and safety training, investigating and maintaining records of construction accidents, incidents, injuries and illnesses, and similar functions. Requirements: 1. To meet educations requirements an applicant must meet on of the following: • Have a high school diploma and be qualified as an OSHA authorized instructor • Have 40 hours of classroom training in construction safety and health or have three years of experience in a contruction position • Have an associate degree or higher in safety and health • Have at least 9 semester hours or 14 quarter hours of college credit in safety and health courses 2. Must have at least one and possibly up to three years of work experience in construction 3. Pass the CHST examination 4. Complete Certification Maintenance requirements every five years and pay an annual renewal fee Note: Candidates may substitute college courses in health and safety or an associate degree or higher in certain disciplines for up to 2 years of the experience requirement. Students in associate or higher degree programs in occupational safety and health may sit for the examination during their last semester. Examinations: CHST Examination Sponsoring Organization: Council on Certification of Health, Environmental and Safety Technologists 208 Burwash Avenue Savoy, IL 61874-9571 Phone: (217) 359-2686 Fax: (217) 359-0055 Email:
[email protected] Website: www.cchest.org
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CIAM
Chartered Insurance Agency Manger
Description: The Chartered Insurance Agency Manager (CIAM) designation has been and will continue to be the international performance improvement and professional development program for managers in the financial services industry. Earning this designation signifies that the designee has mastered the knowledge and skills necessary to meet the challenging demands of his or her role as an agency leader. Requirements: 1. Educational training 2. Ethics & Professionalism 3. Management Experience Steps: (LIMRA recommends that the steps be completed in the following order.) Step A: Management Skills Seminar Step B: Agency Management Training Course (AMTC) Step C: Field Management Seminars (FMS) Step D: Profitable Management Workshop Step E: Thesis Step F: Certificate of Professionalism Step G: Management Experience Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
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CIC
Certified Insurance Counselor
Description: The Society of Certified Insurance Counselors, a not-for-profit organization, is the founding member and premier program of The National Alliance. The CIC Program meets the practicing insurance professional’s need for technical knowledge in all areas of the insurance industry. Currently, there are almost 65,000 participants in the CIC Program and over 25,000 hold the prestigious CIC designation. The CIC Program includes five, 2 1/2-day institutes covering most aspects of the insurance field. Achieving the designation of CIC requires the successful completion of all five CIC institutes and examinations within five calendar years. Requirements: 1. Attend five 20-hour institutes* 2. Successful completion of five examinations 3. To be eligible to attain the CIC designation, an individual must: • be licensed as an agent, broker, or solicitor; or, • have at least two years of full-time experience as a practitioner in insurance or risk management; or, • have served two years as a full-time insurance faculty member at an accredited college or university. 4. Annual continuing education update requirement *NOTE: One Certified Risk Manager (CRM) course may be substituted for one CIC institute to earn the CIC designation. The Institutes: ¾ Commercial Property Institute ¾ Commercial Casualty Institute ¾ Personal Lines Institute ¾ Agency Management Institute ¾ Life & Health Institute Sponsoring Organization: The National Alliance for Insurance Education & Research 3630 North Hills Drive P.O. Box 27027 Austin, TX 78755-2027 Phone: (800) 633-2165 Fax: (512) 349-6194 Website: www.scic.com
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CIDM
Certified Insurance Data Manager
Description: The CIDM curriculum examines the efficient collection and reporting of insurance data, data quality control techniques, and essential organizational/technological expertise related to insurance data management. In addition, the program consists of several non-IDMA courses that study insurance operations, loss exposures, and coverages. Requirements: 1. Eight courses: • four independent study courses from the IDMA curriculum, and • four courses from the CPCU or LOMA or SOFE curriculum or selected parts of the CAS curriculum 2. Successful completion of eight examinations. Courses:
Required Courses: IDMA IDMA IDMA IDMA
1 2 3 4
Insurance Data Collection and Reporting Insurance Data Quality Systems Development and Project Management Data Management, Administration, and Warehousing
And pass four additional exams from either the property/casualty or life and health track or regulatory: Property-Casualty Track (Required for this track) CPCU 520
CPCU 540
Insurance Operations and Regulation (Prior to June, 2002, the equivalent was CPCU 5 Insurance Operations) Business and Financial Analysis for Risk Management and Insurance Professionals (Prior to June, 2002, the equivalent was CPCU 8 Accounting and Finance)
(Two of the four for this track) CPCU 555 CPCU 551 CPCU 552 CPCU 556
Personal Risk Management and Property-Liability Insurance (Prior to June, 2002 was CPCU 2 Personal Risk Management & Insurance) Commercial Property Risk Management and Insurance (Prior to June, 2002, was CPCU 3 Commercial Property Insurance & Risk Management) Commercial Liability Risk Management and Insurance (Prior to June, 2002, was CPCU 4 Commercial Liability Insurance & Risk Management) Personal Financial Planning
Life and Health Track FLMI 280
FLMI 290 FLMI 361 FLMI 371
Principles of Insurance: Life, Health, and Annuities (Formerly LOMA 1 Property Risk Management and Insurance) Life and Health Insurance Company Operations (Formerly LOMA 2 Life and Health Insurance Company Operations) Accounting and Financial Reporting in Life and Health Insurance Companies (Formerly LOMA 7 Accounting in Life & Health Insurance Companies) Managing for Solvency and Profitability in Life and Health Insurance Companies (Formerly LOMA 9 Mathematics of Life and Health Insurance)
Regulatory Track SOFE Courses: ¾ ¾
Life and Health Fundamentals Property and Liability Fundamentals
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¾ ¾
Life and Health Accounting Property and Liability Accounting
Note: Casualty Actuarial Track: Fellows or Associates of the Casualty Actuarial Society (CAS) or students who have passed certain individual courses are deemed to have also satisfied the non-IDMA course requirement. Sponsoring Organization: Insurance Data Management Association 545 Washington Boulevard, 22-16 Jersey City, NJ 07310-1686 Phone: (201) 469-3069 Email:
[email protected] Website: www.idma.org
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CIE
Certified Insurance Examiner
Description: This program is offered to insurance regulatory professionals and provides extensive training in either of the two primary fields of insurance regulation, property & casualty or life & health, with three options under life & health: life, health or information systems. Requirements: 1. Must have completed at least three years of verifiable fulltime regulatory work. 2. Must spend 75% of his or her time as an employee or contractor for an insurance regulatory agency. 3. Completion of at least 4 professional development courses in the selected curriculum. 4. Continuing education. Courses:
Property/Casualty Path (any 4 of the following) LOMA 280 HS 323 AHIP Part A LOMA 290 HS 323 HS 324 HS 325 AHIP Part B LOMA 320 LOMA 330 AIRC 410 AIRC 420
Principles of Insurance: Life, Health and Annuities1 Individual Life Insurance1 Fundamentals of Health Insurance, Part A (Basics of Health Insurance)1 Insurance Company Operations2 Individual Life Insurance2 Life Insurance Law2 Group Benefits2 Fundamentals of Health Insurance, Part B (Basics of Company Operations)2 Life and Health Insurance Marketing Management Principles and Practices Regulatory Compliance — Companies, Producers and Operations Regulatory Compliance — Insurance and Annuity Products
1. Only one of these three courses may be counted toward earning a CIE; LOMA 280, HS 232, or AHIP Part A. 2. Only one of these five courses may be counted toward earning a CIE, LOMA 290, HS 323, HS 324, HS 325, or AHIP Part B.
Life/Health Path (Any 4 courses) INS 21 CPCU 520 CPCU 530 IR 201 AIC 34 AIC 35 AIC 36
Property & Liability Insurance Priciples Insurance Operations & Regulation The Legal Environment of Risk Management & Insurance Insurance Regulation Workers Comp and Managing Bodily Injury Claims3 Property Loss Adjusting3 Liability Claim Practices3
3. Only one of these three courses may be counted toward earning an AIE; AIC 34, 35, or 36. Sponsoring Organization: Insurance Regulatory Examiners Society 12710 S. Pflumm Road, Suite 200 Olathe, Kansas 66062 Phone: (913) 768-4700 Fax: (913) 768-4900 Email:
[email protected] Website: www.go-ires.org
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CIMA
Certified Investment Management Analyst
Description: The CIMA designation belongs to an elite few in the investment profession. It represents the highest level of credibility, integrity and most importantly, knowledge. Certification, combined with personal qualifications and abilities, makes impressive credentials that give you a competitive edge. The CIMA designation sets you apart. It carries substantial weight with discriminating clients who demand the most appropriate strategies in evaluating and managing their investments. Clients seek consultants who reflect the highest level of professionalism combined with financial expertise - all of which the CIMA designation indicates. Requirements: 1. Must demonstrate that in three (3) of the past ten (10) years they have a material level of clientcentered investment management consulting experience. 2. Applicants must be financial services professionals who can demonstrate they spend a material amount of their business hours on the investment decision-making process for clients. 3. Completion of 2 part courses, primarily self study. 4. Pass the two exams Coursework Subjects: ¾ Investment ¾ Asset Allocation ¾ Risk Management ¾ Beta Coefficients ¾ Historical Return ¾ Duration and Convexity ¾ International Financial Markets ¾ Measuring Return on a Portfolio ¾ Performance Measurement and Attribution ¾ Due Diligence and Manager Selection ¾ Legal and Regulatory Environment ¾ Ethics Sponsoring Organization: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
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CIP
Chartered Insurance Professional
Description: The courses in the CIP Program deal first with the common elements of each class of insurance policy and then point out possible variations. As well, they demonstrate the application of this knowledge to the sales, underwriting, and claims functions. Requirements: 1. You must become, and remain, a member of your local insurance institute 2. Completing 10 courses, eight required and two electives. 3. Fulfill the experience requirement of at least one year of full-time employment in the insurance industry. 4. Maintain the Institute’s Code of Ethics Courses:
Required courses (5 of 8): C11 C12 C13 C14 C16
Principles and Practice of Insurance Insurance on Property — Part 1 Insurance Against Liability — Part 1 Automobile Insurance — Part 1 The Business of Insurance
Required courses (3 of 8): Students take four courses from their choice of one of the following programs: Agent & Broker Underwriter Loss Adjuster
Elective courses (3) :
For a complete list of elective courses contact IIC. Sponsoring Organization: The Insurance Institute of Canada 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Phone: (416) 362-8586 Website: www.iic-iac.org
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CIPM
Certificate in Investment Performance Measurement
Description: The Certificate in Investment Performance Measurement (CIPM) program is a new certification program designed to train highly qualified, ethically grounded performance professionals to meet industry needs. Those who pursue the CIPM designation will master best practices in calculating, interpreting, and presenting investment performance figures. Requirements: 1. Sequentially pass two three-hour, computer-based exams (Principles and Expert). 2. Become a CIPM Association member. 3. Comply with the CIPM Association Code of Ethics and Standards of Professional Conduct as a member and certificate holder. 4. Professional experience: • Two years of professional experience in one or more positions substantially entailing performance-related activities. -OR• Four years of professional experience in the investment industry. Topical Outline:
Principle: I: II:
III: IV: V:
Ethical Standards Performance Measurement and Benchmark Analysis Performance Attribution Performance Appraisal After-Tax Performance Measurement
Expert:
I: II: III: IV: V: VI:
Professional Ethics Rate-of-Return Calculations Benchmarks Risk Measures Performance Attribution (A) – Equities and Futures Performance Attribution (B) – FixedIncome
VI: VII: VIII: IX: X:
Foundations of the GIPS Standards Composite Construction Disclosures and Presentations Alternative Assets Verification and the GIPS Advertising Guidelines
VII: VIII: IX: X: XI: XII: XIII:
Performance Appraisal Foundations of the GIPS Standards Composites Disclosures and Presentations Real Estate and Private Equity Wrap Fee/SMA Accounts Verification and Advertising
Sponsoring Organization: CFA Institute 560 Ray C. Hunt Drive P.O. Box 3668 Charlottesville, VA 22903-0668 Phone: (800) 247-8132 Fax: (434) 951-5262 E-mail:
[email protected] Website: www.cfainstitute.org
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CISR
Certified Insurance Service Representative
Description: The Society of Certified Insurance Service Representatives is a practical program for any employee of an agency, insurance company, or insurance-related business, including customer service representatives, insurance agents, and agency managers. The CISR Program focuses on minimizing E & O claims and the understanding and analysis of risks and exposures. The CISR Program includes five, one-day courses with the flexibility to allow for each state’s unique insurance coverages and regulations. Achieving the designation of CISR requires the successful completion of all five CISR courses and examinations within three calendar years following the year in which one passes the first examination. Requirements: 1. Attend five 8-hour courses 2. Successful completion of five examinations 3. Annual continuing education update requirement NOTE: The CISR designation may also be earned via the Internet. All five courses, with proctored online testing, are available through CISR Online, at www.cisr-edu.com. Courses: ¾ Insuring Commercial Casualty Exposures ¾ Insuring Commercial Property ¾ Insuring Personal Auto Exposures ¾ Insuring Personal Residential Property ¾ Agency Operations Sponsoring Organization: The National Alliance for Insurance Education & Research 3630 North Hills Drive P.O. Box 27027 Austin, TX 78755-2027 Phone: (800) 633-2165 Fax: (512) 349-6194 Website: www.scic.com
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CLCS
Commercial Lines Coverage Specialist
Description: Students completing the CLCS program have demonstrated extensive knowledge in a critical functional area of property and casualty insurance practice-insurance policy coverage-and will have applied that knowledge in real-life case study exercises. Requirements: 1. Meet one of the following: • Licensed agent, broker, adjuster, CSR or solicitor • At least one years of full-time experience in the insurance industry or as a risk management practitioner • Students of insurance academies authorized to confer the CLCS designation 2. Successful completion of CLCS Program 3. Complete a Request for CLCS Designation form 4. Mail the completed form with copies of the Results Page from each of the four Coverage Exams. Courses: ¾ Insurance Coverage Fundamentals ¾ The Business Auto Policy ¾ The Commercial Property Policy ¾ The CGL Policy ¾ The Workers Compensation Policy Sponsoring Organization: The National Underwriter Co. 5081 Olympic Blvd. Erlanger, KY 41018 1-866-339-4523x1
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CLF
Chartered Leadership Fellow
Description: The Chartered Leadership Fellow (CLF) designation is the first managerial leadership designation created specifically for financial services professionals. The curriculum, developed by The American College management faculty and LIMRA International with the assistance of a practitioner advisory committee, blends classroom-based skills training and development with a proven distance education self-study approach. Requirements: 1. Completion of seven courses. 2. Ethics, leadership experience, and continuing education requirements. Courses:
Seven “Core” required courses: Choose one of the following1: HS 387 HS 371 HS 381
Marketing Management of Financial Services Essentials of Management Development2 3 Professional Patterns of Management2 4
Self-Study Local Delivery Distance/Local Delivery
HS 373 HS 372
Practice Management Concepts for Agency Managers Leading Practices Seminar2 3
HS HS HS HS HS
Leadership in a Changing World Interpersonal Relationships in the Workplace Creative Problem Solving and the Strategic Planning Process Field Management Seminar (FMS) 2 5 Capstone: Leading the Marketing Association of the Future2 5 6
Choose on of the following: All the following required: 382 383 384 386 385
Self-Study Self-Study Self-Study Self-Study Self-Study Local Delivery Residency
1. Students who completed the Agency Management Training Course may still receive credit for the first step in the program above (HS 387, HS 371, or HS 381). 2. HS 371, HS 372, HS 381, HS 385, and HS 386 have special tuition and other costs and course delivery locations. 3. For more information on HS 371 and HS 372, contact GAMA International. 4. For information on HS 381, contact Kinder Brothers International at (800) 372-7110. 5. For information on HS 385 and HS 386, contact CLF administration, by phone, (610) 526-1369, or fax, (610) 526-1359. 6. The capstone course (HS 385) must be taken last. Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Attention: M. Diane Carlin Phone: (610) 526-1476 Fax, (610) 526-1359 E-mail:
[email protected]
GAMA International 2901 Telestar Court, Suite 140 Falls Church, VA 22042-1205 Phone: (800) 345-2687 Fax: (703) 770-8182 Websites: www.gamaweb.com www.gamaresources.com
© The Society of Insurance Trainers & Educators, SITE, 2007
The KBI Group 17110 Dallas Parkway Suite 220 Dallas, TX 75248 Phone: (800) 372-7110 Fax: (972) 250-3681
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CLTC
Certified in Long-Term Care
Description: The CLTC course reflects the nature of long-term care which is a continuum of care, housing and services people may need when they live a long life. Students are provided the information and training needed to offer guidance to families on a range of issues including home care, assisted living, nursing homes, social services, taxes, law and most important, what will pay for these resources. Our goal is not to teach students how to sell products but rather how to help solve a client's long-term care needs. Requirements: 1. Successfully complete 7-part multi-disciplinary course. 2. Maintain annual membership or apply for lifetime membership. Course Topics: Part A Long-Term Care: Family vs Statistics Part B Long-Term Care Services Part C What Pays for Long-Term Care? Part D Medicaid Planning Part E Long-Term Care Insurance Part F Proper Implementation of Long-Term Care Insurance Part G The Ethical Promotion of Long-Term Care Insurance Sponsoring Organization: CLTCC 188 Needham Street, Suite 230 Newton, MA 02464 Phone: (877) 771-CLTC (2582) E-mail:
[email protected] Website: www.ltc-cltc.com
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CLU
Chartered Life Underwriter
Description: The Chartered Life Underwriter is widely recognized as the highest level of studies in the life insurance profession. Since 1927, more than 94,000 individuals have earned this distinction, enabling them to present a wider range of solutions for the life insurance needs of individuals, business owners and professionals, including income replacement, estate planning, and wealth transfer. Requirements: 1. Completion of eight courses, with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses
Five “core” required courses: HS HS HS HS HS
311 323 324 330 331
Fundamentals of Insurance Planning1 Individual Life Insurance Life Insurance Law Fundamentals of Estate Planning2 Planning for Business Owners and Professionals
HS HS HS HS HS HS
313 321 325 326 328 334
Individual Life Insurance Income Taxation Group Benefits Planning for Retirement Needs Investments Estate Planning Applications2
Three elective courses, selected from:
1. Students who have already taken HS 318 may not take HS 300 or HS 311 for credit toward the CLU designation. 2. HS 330 should precede HS 334. Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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CMA/FAD
Chartered Market Analyst or Financial Analyst Designate
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, asset management, accouning, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 7 or more years of Financial Analyst or Market Analyst experience 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. See CE Rules *Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, asset management management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be prequalified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 7 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have or have completed **After application and acceptance, you may take our approved Fast Track US AAFM™ CTEP ™ Chartered Trust & Estate Planner Executive Course if you do not have the experience or education Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
www.analistafinanciero.com www.aafmgcc.com
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CMFA
Certified Manger of Financial Advisors
Description: The CMFA courses and designation provide the participants with the topics, concepts, and practical applications and exercises to assist clients and develop agents to become Financial Advisors. The approach is client-centered to enable participants to apply value-added strategies to client relationships, target marketing, and market segmentation. Participants will design target market approaches, determine cross-selling opportunities, and utilize fact-finding tools to assist clients in developing financial objectives. Requirements: 1. Educational training 2. Ethics & Professionalism 3. Management Experience Steps: (LIMRA recommends that the steps be completed in the following order.) Step A: Management Skills Seminar Step B: Agency Management Training Course (AMTC) Step C: Field Management Seminars (FMS) Step D: Managing Financial Advisors (MFA) Step E: Thesis Step F: Certificate of Professionalism Step G: Management Experience Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
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CMFC® Professional Education Program
Chartered Mutual Fund Counselorsm
Description: The CMFC Program, consisting of nine courses, provides investment professionals with a wide range of information on mutual funds and their many applications. Requirements: 1. successfully complete the CMFC Program 2. pass the final exam 3. sign a code of ethics commitment and declaration form Courses: ¾ Introduction to Mutual Funds ¾ Open- & Closed-End Funds: Types & Characteristics ¾ Other Packaged Investment Products ¾ Risk/Return: Part I ¾ Risk/Return: Part II ¾ Asset Allocation ¾ Selecting a Mutual Fund for a Client ¾ Retirement Planning ¾ Ethics, Integrity & Professional Conduct Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
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CMS Canada
Compensation Management Specialist
Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Course 5 Course 6 Course 8
Compensation Concepts and Principles Executive Compensation and Compensation Issues Strategic Human Resource Management and Total Compensation
Sponsoring Organization: International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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CMS US
Compensation Management Specialist
Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Comp 1 Comp 2 Course 8
Compensation Concepts and Principles Executive Compensation and Compensation Issues Human Resources and Compensation Management
Sponsoring Organization: International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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CPC
Certified Pension Consultant
Description: The Certified Pension Consultant is awarded to benefits professionals employed in the fields of plan administration, pension actuarial administration, insurance, and financial planning. Requirements: 1. Successful completion of eight examinations. 2. Evidence of three years of retirement plan consultation experience. 3. Approval by the board of directors. 4. Payment of annual dues. Exams: RPF-1 RPF-2 DC-1 DC-2 DC-3 DB C-3 C-4
Retirement Plan Fundamental Exam 11 Retirement Plan Fundamental Exam 21 Defined Contribution Administrative Issues – Basic Concepts Defined Contribution Administrative Issues – Compliance Issues Defined Contribution Administrative Issues – Advanced Topics Administrative Issues of Defined Benefit Plans Financial and Fiduciary Aspects of Qualified Plans Advanced Retirement Plan Consulting
1. May be replaced with Pension Administrators Course (Parts 1, 2, and 3). Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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CPCU
Chartered Property Casualty Underwriter
Description: The CPCU program involves a study of property-casualty loss exposures and coverages, critical issues currently facing the industry, and the principles of risk management, accounting, finance, law, financial services institutions, and financial planning as they relate to the property-casualty industry. There is also a heavy focus on business ethics and professionalism. Students choose either a personal or commercial insurance concentration. Requirements: 1. Eight courses, of which five foundation courses, plus three courses each in either a personal or commercial insurance concentration (ACE recommendations for the courses in the new CPCU curriculum are pending approval. Previous CPCU courses were recommended for a minimum of three upper division baccalaureate hours). 2. Successful completion of eight examinations. 3. Compliance with Code of Professional Ethics. 4. Compliance with industry experience requirement Foundation Courses: CPCU 510 Foundations of Risk Management, Insurance, and Professionalism CPCU 520 Insurance Operations, Regulation, and Statutory Accounting CPCU 530 The Legal Environment of Insurance CPCU 540 Finance for Risk Management and Insurance Professionals CPCU 560 Financial Services Institutions Commercial Concentration Courses CPCU 551 Commercial Property Risk Management and Insurance CPCU 552 Commercial Liability Risk Management and Insurance CPCU 553 Survey of Personal Risk Management, Insurance, and Financial Planning Personal Concentration Courses CPCU 555 Personal Risk Management and Property-Liability Insurance CPCU 556 Personal Financial Planning CPCU 557 Survey of Commercial Risk Management and Insurance Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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CPDM
Certified Professional Disability Management
Description: CPDM offers an in-depth curriculum devised by industry experts, providing the unique skills required for effective disability management. Participants will gain an in-depth proficiency in the area of integrated disability management, achieve the level of expertise needed in the evolving integrated benefits environment, broaden skills in a wide range of technical subject matter and attain industry respect and recognition as a Certified Professional in Disability Management. Requirements: 1. Successful completion of four courses and examinations. 2. Six hours of continuing education every year. Courses: CPDM 1 CPDM 2 CPDM 3
Essentials of Disability Management Disability Management – The Medical and Administrative Components Disability Management Implementation
Sponsoring Organizations: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
© The Society of Insurance Trainers & Educators, SITE, 2007
Disability Management Employer Coalition 5173 Waring Rd., Suite 134 San Diego, CA 92120-2705 1-800-789-3632 E-mail:
[email protected] Website: www.dmec.org
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CPIA
Certified Professional Insurance Agent
Description: The CPIA Society’s Certified Professional Insurance Agent (CPIA) designation program is first-of-its-kind, hands-on, how-to training. The CPIA designation is unique as the insurance industry's only sales-based designation. It is a two-part program based on a sales-centered core curriculum representing 50% of the program, and technical insurance education representing the other half. Requirements: 1. Successful completion of three Insurance Success Seminars 2. Proof of completion of 24 continuing education hours on technical topics (i.e., personal lines, commercial lines, loss prevention, risk management, etc.). 3. Meet the bi-annual continuing education update. Courses: CPIA 1 Position for Success CPIA 2 Implement for Success CPIA 3 Sustain Success Sponsoring Organization: American Insurance Marketing and Sales Society PO Box 35718 Richmond, VA 23235 Phone: 804/674-6466 Toll Free: 877/674-CPIA Fax: 804/915-9435 Website: www.aimssociety.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CPIB
Canadian Professional Insurance Broker
Description: The CPIB is the senior designation program developed by the Insurance Brokers Association of Canada and its member Associations, designed specifically for property and casualty insurance brokers. The CPIB is positioned at a university level of study with admission prerequisites set at either CAIB or AIIC/CIP designations, or waived for CCIB graduates. Requirements: 1. Complete the three mandatory courses and any three of the elective courses in their chosen discipline: Personal Lines, Commercial Lines or Borker Management. 2. Be a member in good standing of the Insurance Brokers Association of Canada through their local association. 3. Comply with the Code of Ethics. Sponsoring Organization: Insurance Brokers Association of Canada 155 University Avenue, Suite 1230 Toronto, Ontario M5H 3B7 Canada Phone: (416) 367-1831 Fax: (416) 367-3687 Website: www.ibac.ca
© The Society of Insurance Trainers & Educators, SITE, 2007
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CPIW/M
Certified Professional Insurance Woman/Man
Description: The CPIW/M is a professional certification in the insurance industry for those who meet the program's educational and experiential requirements. Requirements: 1. Membership in NAIW for a minimum of three consecutive years. 2. Employment in the insurance industry for a minimum of five years. 3. Completion of one of forty-five specified insurance educational programs. 4. Completion of one NAIW Educational Program (for those joining after 7/1/94): • Rules of the Road • Cyber Crime-The Hidden Exclusion • Leadership Development • Leadership Enhancement • Successful Negotiations • Leadership Savvy • Communicate With Confidence • I Can Series • Mentors & Protégés • Advanced Communication Skills • Underwriting for Non-Underwriters • Sales Proficiency and Relationship (SPARK) • How to be a Bestseller • Local Association Leadership Training • Life Insurance for CSR’s Programs: (To meet the requirements of #3) ¾ CPCU ¾ RHU ¾ ACLS ¾ CLU ¾ CPSR ¾ LPCS ¾ AIIC ¾ ACSR ¾ CCLS ¾ LUTCF ¾ CAIB ¾ PCLS ¾ HIA ¾ FAHM ¾ WCLS ¾ MHP ¾ PIAM ¾ ACLA ¾ ALHC ¾ SCLA ¾ ARe ¾ CIC ¾ CCLA ¾ AFSB ¾ CISR ¾ PCLA ¾ ARM ¾ CRM ¾ CLA ¾ AIM ¾ RPLU ¾ CLA ¾ AIAF ¾ FIC ¾ CLS ¾ API ¾ Certification in General Insurance ¾ From LOMA: All designations ¾ From Assn of Average Adjusters: Full Membership ¾ From Int’l Foundation of Employee Benefits Plans: All designations ¾ From Casualty Actuarial Society: Associate Rank ¾ From Society of Actuaries: Associate Rank
¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾
AIS ASLI AIC ALCM AU APA AAI AIT AMIM ARP CSF CPA
Sponsoring Organization: National Association of Insurance Women (International) 1847 E. 15th Street Tulsa, OK 74104 Phone: (918) 744-5195 Fax: (918) 743-1968 Website: www.naiw.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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CPM
Chartered Portfolio Manager
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, accouning, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 5 or more years of experience actively managing investment portfolios for clients as an investment advisor, portfolio manager on the buy or sell side, institutional trader, trust officer or managing client portfolios of securities, stocks, bonds, and mutual funds. 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be pre-qualified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. If not, you can take an approved executive certification course. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
www.analistafinanciero.com www.aafmgcc.com
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CPSR
Certified Professional Service Representative
Description: The Certified Professional Service Representative (CPSR) program is a certification and designation program designed for insurance agency customer service representatives. The program is conducted by sponsoring organizations throughout the United States. The program consists of five one-day modules that can be completed in any order. Personal Lines, Commercial Lines, and Multiple Lines designations are available. Requirements: 1. Successfully complete course examinations: • Commercial Property & Commercial Liability and Agency Operations earns the Commercial Lines Designation • Personal Residential & Personal Auto and Agency Operations earns the Personal Lines Designation • All five course examinations earn the Multiple Lines Designation. 2. Each person has five years from the last day of the month of the date of the first exam passed to complete the program. 3. Have a minimum of 12 months of industry experience before enrollment. Courses:
Agency Operations: ¾
Agency Operations, Systems, and Procedures
¾ ¾
Residential Risk Personal Automobile and UMB
¾ ¾
Commercial Property Commercial Liability
Personal Lines:
Commercial Lines:
Sponsoring Organization: National Foundation for CPSR 13246 38th Street North Clearwater, FL 33762 Phone: (727) 571-1499 Fax: (727) 571-1243 Email:
[email protected] Website: www.NFCPSR.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CRM (Canada)
Canadian Risk Management
Requirements: 1. Enroll at your local university. Before you register, make sure the three CRM courses are available.1 2. To receive the CRM, an individual completes the three required courses, and submits a $100 fee (Canadian funds) to cover the cost of verifying completion. 3. Renew and continue the membership to GRMI by paying a $50 annual fee (U.S. funds). 1. Check RIMS website for complete list of universities offering CRM courses. Courses: Risk Assessment Risk Control Risk Financing Sponsoring Organization: Global Risk Management Institute, Inc. 1065 Avenue of the Americas 13th Floor New York, NY 10018 Phone:(212)286-9292 E-mail:
[email protected] Website: www.rims.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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CRM
Certified Risk Manager
Description: The Certified Risk Manager (CRM) Program offers risk management practitioners and those in related fields, such as accounting, finance, insurance, loss control, legal, claims, and others, a comprehensive, practical risk management education. The practice-oriented curricula will benefit individuals with all levels of experience; however, two or more years of prior experience or knowledge in the field is recommended. The CRM Program includes five, 2 1/2-day courses covering all major areas of risk management. Achieving the designation of CRM requires the successful completion of the examinations of all five CRM courses within a period of five calendar years. Requirements: 1. Attending five 20-hour courses. 2. Successful completion of five examinations. 3. Annual continuing education update requirement. Courses: 1. Principles of Risk Management 2. Analysis of Risk 3. Control of Risk 4. Financing of Risk 5. Practice of Risk Management IMPORTANT NOTE: Any one of these CRM courses may be substituted for any one CIC institute to earn the CIC designation. Both designations can be earned by completing nine programs – any four of the CIC institutes and all five parts of the CRM Program. Sponsoring Organization: The National Alliance for Insurance Education & Research 3630 North Hills Drive P.O. Box 27027 Austin, TX 78755-2027 Phone: (800) 633-2165 Fax: (512) 349-6194 Website: www.scic.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CRPC® Professional Education Program
Chartered Retirement Planning Counselorsm
Description: The eleven courses CRPC Program is a basic retirement planning curriculum that is ideal for investment advisors, bankers, and insurance professionals whose clients have questions about their retirement needs. Requirements: 1. successfully complete the CRPC Program 2. pass the final exam 3. sign a code of ethics commitment and declaration form Courses: ¾ The Retirement Planning Process & Meeting Multiple Financial Objectives ¾ Sources of Retirement Income ¾ Personal Savings: Investing for Retirement ¾ Employer-Sponsored Plans ¾ Individual Deferred Compensation ¾ Planning for Incapacity, Disability & Long-Term Care ¾ When to Retire ¾ Retirement Plan Distributions ¾ Asset Management & Investment Strategy During Retirement ¾ Income Taxes & the Retiree ¾ Estate Planning Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
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CRPS® Professional Education Program
Chartered Retirement Plans Specialistsm
Description: The CRPS Program’s eleven courses are designed for practitioners who design, install, and administer both qualified and non-qualified retirement plans for business clients. Requirements: 1. successfully complete the eleven course CRPS Program 2. pass the final exam 3. sign a code of ethics commitment and declaration form Courses: ¾ Types & Characteristics of Retirement Plans ¾ Individual Retirement Accounts (IRAs) ¾ SEP, SIMPLE & SARSEP Plans ¾ Defined Contribution Plans ¾ 401(k) Plans ¾ Defined Benefit Plans ¾ Nonprofit Organization & Government Plans ¾ Qualified Plan & IRA Distributions ¾ Plan Design, Installation, Administration & Amendments ¾ Plan Establishment, Operation, Investment Objectives, Penalties & Termination ¾ Fiduciary Issues, Prohibited Transactions, Claims & Examinations Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
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CSA
Certified Senior Advisors
Description: CSAs understand how to build effective relationships with seniors because the CSA education has given them a broad-based knowledge of the health, social and financial issues that are important to seniors, and the dynamics of how these factors work together in seniors’ lives. Society of Certified Senior Advisors® teaches professionals what’s important to seniors and how – always – to keep their interests first. The result is successful professionals and satisfied seniors. We teach you about the people you want to do business with. Requirements: 1. Complete the application process for the CSA Designation Program 2. Be reviewed, evaluated for acceptance, and accepted by SCSA as a student in the CSA Designation Program. 3. Complete the four components of the CSA Education. • Component I - Four online courses with short open book, multiple choice exams • Components II & III - The CSA textbook, Working with Seniors: Health, Financial, and Social Issues and the Participant Workbook review questions (pre-test), 20-25 hours of pre-class study. • Component IV - The CSA Designation Program and Exam.* 4. Acknowledge understanding of and agree to comply with the CSA Code of Professional Responsibility and the SCSA Membership Rules by signing the Acknowledgment and Acceptance Form and submitting it to SCSA. 5. Pass the closed book, proctored CSA Designation Exam. 6. Be designated a CSA by SCSA. * Online self-study applicants must complete a Professional Interview with a professional in a field outside of yours who works directly with seniors, and submit a short written report of it to SCSA. Courses: Health Financial Social
Supporting Seniors’ Personal Health Care Decisions A New Approach to the Challenge of Financing Longer Life Quality Caregiving: Making Ethical Choices Throughout Life CSA’s Role, Rules and Responsibilities
Sponsoring Organization: SCSA 1777 S Bellaire St., Ste 230 Denver, CO 80222 Phone: (800) 653-1785 Fax: (303) 757-7677 E-mail:
[email protected] Website: www.society-csa.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CSF
Certified State Filer
Description: The CSF program enables insurance compliance professionals to go one step beyond the Associate in State Filings to include a broader base of insurance knowledge including regulatory, ratemaking, and product/operation work. Requirements: 1. The ASF designation in either P&C or L&H. 2. Membership in the Association of Insurance Compliance Professionals. 3. Completion with a passing grade of the required courses. 4. Enrollment in the program. Courses:
Property & Casualty AICPCU - IR 201 AICP Ratemaking CAS Part 6
Regulation of Insurance Ratemaking - What the State Filers Need to Know or Principles of Ratemaking and Data for Ratemeking
Life and Health FLMI 320 ARIC 410 ARIC 420
Marketing Life and Health Insurance Regulatory Compliance and Annuities Regulatory Compliance, Products and Operation
Plus, an elective course in your specialized area (i.e., Long-term Care, Life, Credit Life, etc.) Sponsoring Organization: Association of Insurance Compliance Professionals 740 Florida Central Parkway, Suite 1020 Longwood, FL 32750 Phone: (407) 834-6688 Email:
[email protected] Website: www.aicp.net
© The Society of Insurance Trainers & Educators, SITE, 2007
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CSFP
Chartered Senior Financial Planner
Description: After you earn your CSFP-Chartered Senior Financial Planner designation you will have online access to all of the latest tools and information that the ACSFP offers its members. Carrying the CSFP-Chartered Senior Financial Planner designation is a symbol of your continued commitment to excellence in the areas of Retirement Planning and Asset Protection. Requirements: 1. Successfully complete three days of study in a classroom setting. Sample Course Outline: Introduction Ethics Properly Planning in Today's World Estate Planning Gifting, Joint Ownership Trusts Tolerance for Risk LTC - Long Term Care Protection from an E&O Claim
Equity Indexed Annuities Investing - Wealth Accumulation Retirement Income and Sources Medicaid Retirement Planning Medicare Insurance Taxes Beneficiary Selection
***Note: This designation is currently being restructured and should be finalized by September 2007. Please Contact the Association of Chartered Senior Financial Planners. Sponsoring Organization: Association of Chartered Senior Financial Planners 8174 South Holly Street #253 Centennial, Colorado 80122 Phone: 866-94-ACSFP Fax: (303) 379-6483 E-mail:
[email protected] Website: www.acsfp.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CSP
Certified Safety Professional
Description: The CSP is a certification in the field of safety for those professionals who create or develop procedures, processes, standards, specifications and systems to achieve control or reduction of hazards, and exposures detrimental to people, property, and the environment. It is nationally accredited by the National Commission for Certifying Agencies. Requirements: 1. Successful completion of two examinations. 2. Graduation from college or university with an accredited baccalaureate degree in safety or any other field or an associate degree in safety and health. 3. Minimum of four years of professional safety experience. 4. Continued professional development in order to remain certified (Continuance of Certification). Examinations: 1. Safety Fundamentals examination 2. Comprehensive Practice examination Sponsoring Organization: Board of Certified Safety Professionals 208 Burwash Avenue Savoy, IL 61874 Phone: (217) 359-9263 Fax: (217) 359-0055 Email:
[email protected] Website: www.bcsp.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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CTEP
Chartered Trust and Estate Planner
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, accouning, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 7 or more years of Trust, Estate Planning, or wealth management experience. 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be pre-qualified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. If not, you can take an approved executive certification course. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
www.analistafinanciero.com www.aafmgcc.com
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CTS
Certified Tax Specialist
Description: The Certified Tax Specialist (CTS) program is the first of its kind—designed to give the financial advisor the knowledge necessary to provide ways to reduce taxable income. The subject of taxes is commonly viewed as boring and futile. By using real world examples, the CTS student is able to quickly understand important concepts and strategies that will serve him or her for life. Written content for the program is only a couple of hundred pages in length, but everything you need is included. Partnership and corporate taxation are intentionally left out in order to streamline course content and increase retention. The first lesson explains the thinking behind our tax system in order to provide the student with a broader perspective. Next are a series of basic formulas and computations so that the advisor has the necessary grounding to go from the general to the specific. Next, the program covers the specifics of income taxes, credits, deductions, and exemptions. As a CTS student you will see the logic behind these write-offs and be better able to gauge what is best for your clients and investors. There are a number of ways to decrease taxable income and reduce tax liability for your clients. The CTS program will show you a process that is both entertaining and informative. Requirements: 1. Successful completion of six modules. 2. Successfully pass three non-cumulative exams. 3. Complete one case-study. Modules: Module I Module II Module III Module IV Module V Module VI
The Individual Tax Return, Gross Income, and Exclusions Business Expenses, Retirement Plans, Self-Employed and Employee Expenses Itemized Deductions, Incentives, Credits, and Special Taxes Accounting Periods and Depreciation Methods Capital Gains and Losses Estimated Payments, Payroll Taxes, Administration, and Tax Planning
Sponsoring Organization: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
© The Society of Insurance Trainers & Educators, SITE, 2007
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CWM
Chartered Wealth Manager
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, accouning, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 7 or more years of wealth management or High Net Worth Client Consulting experience. 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be pre-qualified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. If not, you can take an approved executive certification course. Note: *If you do not meet the criteria above, you may also take our approved Fast Track AAFM™ CWM ™ Chartered Wealth Manager Executive Certification Course if you do not have the required experience or education. **For groups of 10 or more, CWM training may be provided in-house at your Broker Dealer, Investment Management Firm, Banking Institution, Insurance Company, or Family office. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
www.analistafinanciero.com www.aafmgcc.com
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DAE
Diversified Advanced Education
Description: A designation developed for National Association of Insurance Women (International) members who have earned the Certified Professional Insurance Woman/Man (CPIW/M) designation and want to continue professional development within NAIW and the Insurance & Risk Management industries. The DAE designation is bestowed upon a member who has held the CPIW/M designation for at least five years has successfully completed the DAE application and submits the required matriculation fee. The DAE designation must be renewed every three years in order for a member to continue to utilize the designation. The renewal process includes: completion of the DAE application, submitting the required renewal fee and completion of the renewal criteria, which includes the following professional development activities: Requirements:
Education:
1. 25 hours of insurance OR continuing education OR professional development courses either as student or teacher; OR 2. One class leading to an industry designation either as student or teacher; OR 3. Two 500 word or longer articles printed in publications (outside NAIW), or an NAIW program written and approved by the NAIW Board of Directors, or revised an NAIW program, or a white paper published for the industry. This work is on an individual basis. Anything qualifying for this section of the designation must have been done or published after July 1, 2001. You must agree to a disclaimer that your original article, program, or white paper has not been previously published on claims, property/casualty issues, life/health issues, education, networking, and legislation or risk management by other authors.
NAIW Programs:
NAIW program (approved as CPIW/M qualifier) not previously completed as student or teacher; -OROne 4-hour and six 30-minute I CAN Programs not previously completed as student or teacher. NAIW Participation: Serve or Chair 2 Local Committees -ORHold one Local elected position -ORServe or Chair One State, Regional or National Committee. -ANDAttend any combination of two State, Regional or National Conventions. Certification: The cost of the certificate and pin is a one-time fee of $75. Thereafter, a re-certification document will be provided upon receipt of the $30 renewal fee included with the required documentation to show that you have met the re-certification requirements. Sponsoring Organization: National Association of Insurance Women (International) 1847 E. 15th Street Tulsa, OK 74104 Phone: (918) 744-5195 Fax: (918) 743-1968 Website: www.naiw.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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DHP
Disability Healthcare Professional
Description: The DHP designation expands the specialized course of study offered in the DIA program to broaden students' understanding of the health insurance industry. Completion of the program signifies that participants have acquired knowledge of disability income (DI) insurance and its role in protecting individuals from the financial losses that often attend serious physical injuries and other severe health afflictions. While the five-course program offers a primary concentration in DI insurance, it also provides students the opportunity to further their studies of group and individual health insurance. Requirements: 1. Five courses. 2. Successful completion of all five examinations. Courses: a. Disability Income Primer b. Disability Income Advanced Issues click c. Disability Income: Group and Work Site Issues d. Fundamentals of Health Insurance, Part A e. Fundamentals of Health Insurance, Part B Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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DIA
Disability Income Associate
Description: A DIA designation means that participants have acquired knowledge of the health care industry and the role of disability income insurance in protecting individuals from the financial losses that often attend serious physical injuries and other severe health afflictions. Those achieving the designation will understand the fundamentals of the health insurance industry, the role of disability insurance within the health care continuum, and recent disability trends. Requirements: 1. Three courses. 2. Successful completion of all Three examinations. Courses: ¾ Disability Income Primer ¾ Disability Income Advanced Issues ¾ Disability Income: Group and Work Site Issues Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
© The Society of Insurance Trainers & Educators, SITE, 2007
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Dip CII
Certificate of Insurance Practice/Diploma in Insurance
Description: The Diploma in Insurance is a technical and supervisory qualification for insurance staff working across all sectors of the industry (and the logical progression from the Certificate in Insurance). It will provide you with a firm grounding in insurance fundamentals and will enable you to build towards advanced technical knowledge, thereby ensuring you have the means to function effectively in a challenging environment. Requirements: 1. CII Membership 2. Adhere to Code of Ethics and Conduct 3. Hold Certificate in Insurance1 4. Accumulate 110 credits, with at least 70 of these obtained at either Diploma or Advanced Diploma level and a minimum of 30 from an Advanced Diploma unit.2 5. Continuing Professional Development 1. May substitute GCSEs grade C or equivalent; or Age 21 or above with no academic qualifications 2. A maximum of 60 credits obtained from financial planning qualifications (CII or comparable awarded by another educational body) can count towards the Certificate. Courses:
Compulsory Units:
Credits
Elective Units5:
Credits
P01 P04 P05
Insurance practice and regulation3 Business practice4 Insurance law
P18 P19 P21 P10 P11 P12 P13 P17
Property claims handling Subsidence claims handling Commercial insurance contract wording Commercial insurance practice Personal insurance practice Long-term business Marine and aviation insurance Operational management
20 20 25
20 20 20 25 25 25 25 25
3. May substitute IF1 and IF2 at 15 credits each. 4. May substitute 530 (Advanced Diploma in Insurance Unit). 5. Advanced Diploma Units also available at 30 or 40 credits per. Please contact CII for further details. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
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Dip PFS
Diploma in Financial Planning
Description: The Diploma in Financial Planning develops advanced technical knowledge and understanding across a broad range of key advisory areas including: personal taxation, trusts, business taxation, pension funding, pension income, investment and supervision in a regulated environment. Further units will be developed as required to ensure that key technical subject areas are covered. Requirements: 1. Hold a financial planning qualification such as the FPC.1 2. Accumulate a minimum of 140 credits. At least 80 credits must be at Diploma level. 1. Other qualifications may be accepted, please contact CII for details. Diploma Units: J01 Personal tax J02 Trusts J03 The tax and legal aspects of business J04 Pension funding options J05 Pension income options J06 Investment principles, markets and environment J07 Supervision in a regulated environment
Credits 20 20 20 20 20 20 20
Note: Certificate in Financial Planning/Certificate in Mortgage Advice/Certificate in Financial Administration/ Pensions Simplification units may apply. Please contact CII for details. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
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EHBA
Employee Healthcare Benefits Associate
Description: Those pursuing AHIP’s EHBA designation gain an in-depth knowledge of these options and combinations, including how each of them operates, what benefits it provides to both employees and employers, and what regulatory requirements and tax treatment apply. Students also learn how a number of trends – greater employee mobility, longer life spans, an increasing need for long-term care, and rapidly rising prescription drug costs – have changed the environment of healthcare and related benefits for retirees, and they explore the ways employers are addressing these changes. Requirements: 1. Two courses. 2. Successful completion of two examinations. Courses: ¾ Employee Healthcare Benefits, Part I ¾ Employee Healthcare Benefits, Part II Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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EPLS
Estate Planning Law Specialist
Description: The Estate Law Specialist Board, Inc., an attorney-run subsidiary of the National Association of Estate Planners & Councils in Cleveland, Ohio, is the only ABA-accredited program for certification of an attorney as an Estate Planning Law Specialist (EPLS). We believe that specialization is the future of practicing law and, as specialization increases, it will benefit lawyers and the public. Attorneys who become Board-certified under this program demonstrate a high level of professionalism and commitment to the concept of specialization. We believe that as attorney specialization increases, it will benefit not only lawyers but the public. This program is currently the only program, other than certain state bar association programs which are only for residents of their particular states, accredited by the American Bar Association to Board-certify attorneys as Estate Planning Law Specialists. It is administered by an attorney-run affiliate of the National Association of Estate Planners & Councils, the Estate Law Specialist Board, Inc. The program was accredited by the ABA in 1996. Requirements: 1. An applicant for certification shall be licensed to practice law, and must provide evidence that he or she is actively licensed and in good standing in the state of his or her primary practice. 2. The applicant must have at least five years of experience as a practicing attorney. In addition, in the five years immediately preceding the filing of the application, the applicant shall have demonstrated substantial involvement in estate planning. 3. In the 36-month period prior to the date of application, the applicant must have completed at least 12 hours of continuing legal education per year in estate planning. The requirement may be fulfilled through any of the following means: • Attending programs of continuing legal education in estate planning. • Teaching seminars or courses in estate planning. • Participating as a panelist, speaker or workshop leader at educational or professional conferences about estate planning. • Writing published books or articles concerning estate planning. 4. The applicant must pass a comprehensive examination. 5. The applicant will be asked to supply the names of eight estate planning law practitioners and/or judges who are knowledgeable regarding estate planning. 6. The applicant must furnish a copy of his or her professional liability insurance contract, or a certificate of coverage, with the initial application. 7. Must complete an annual statement verifying his or her continuation of professional liability insurance and completion of twelve hours of continuing legal education in estate planning during the preceding year. 8. Recertification after five years Note: Since the EPLS designation is a more difficult designation to obtain, EPLS designation holders in good standing will be automatically granted the AEP designation with no annual AEP membership dues for the first year. They will be subject to AEP annual membership requirements, including certification and re-certification, thereafter. Sponsoring Organization: National Association of Estate Planners & Councils 1120 Chester Avenue, Suite 470 Cleveland, OH 44114 Phone: (866) 226-2224 Fax: (216) 696-2582 E-Mail:
[email protected] Website: www.naepc.org
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ERMP
Enterprise Risk Management Professional
Description: Enterprise risk management has suffered from the lack of a common lexicon or structure. The ERMPTM designation provides a risk manager with the theoretical and practical knowledge necessary in evaluating and controlling business risks using the risk management process and risk matrix tools. Requirements: 1. Successful completion of 6 courses and examinations. 2. Six hours of continuing education every year. Courses: ARM 54 ARM 55 ARM 56 ERMP 701 ERMP 702 ERMP 703
Risk Assessment Risk Control Risk Financing Overview of Enterprise Risk Management Financial Issues and Enterprise Risk Management Organizational Development
Sponsoring Organizations: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
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Essential of Investment Consulting Certificate Description: The IMCA Essentials of Investment Consulting Certificate Program provides financial professionals with the opportunity to master the foundations of the investment management field. The program, which has been developed with experienced practitioners and top business school professors, consists of four courses that cover (1) Investment Policy and the Asset Allocation Process, (2) Manager Search and Selection, (3) Performance Measurement and Attribution, and (4) The Mathematics of Investment Consulting. IMCA has adapted the E-learning platform of Blackboard.com, a leading provider of online learning software, to present the program. Requirements: 1. Successful completion of four online modules. Modules: ¾ Investment Policy and the Asset Allocation Process ¾ Manager Search and Selection ¾ Performance Measurement Study Module ¾ The Consultant Math Module Sponsoring Organization: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
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FAIQ
Financial Advisers International Qualification
Description: This qualification will provide you with a solid grounding in the core financial and life assurance products of interest to your clients. It also offers guidance on sound professional practice, thereby providing a framework for ethical behavior. Requirements: To complete FAIQ you must study a single coursebook and then pass the associated exam. The coursebook provides guidance on financial services products covering protection products, savings and investment products, and pension products. It also contains an outline of the behaviour required to provide a truly professional level of service. Election: Election by the Society of Fellows involves submission of a completed application portfolio that satisfies the above requirements. Successful candidates may also apply for a chartered title: Chartered Insurer, Chartered Insurance Practitioner, or Chartered Insurance Broker. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: 0181-989-8464 Fax: 0171-726-0131 Email:
[email protected] Website: www.cii.co.uk
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FCA
Fellow of the Conference of Consulting Actuaries
Requirements: 1. Be substantially engaged in consulting actuarial practice; in work as an actuary of a governmental unit; in work as an Enrolled Actuary; in work at an insurance company; or in teaching actuarial science 2. Satisfy any one of the following three independent criteria: • Have completed six years of experience in responsible actuarial work, three of which are in actuarial consulting, and attained the designation of ASA (Associate of the Society of Actuaries), or ACAS (Associate of the Casualty Actuarial Society), or EA (Enrolled Actuary), or MAAA (Member of the American Academy of Actuaries), or MSPA (Member of the American Society of Pension Professionals and Actuaries) or the equivalent designation for any international actuarial organization accepted by the Board of Directors of the Conference; • Have been an active member in the Conference for a period of three consecutive years after attainment of the Associate membership designation, be in good standing, and practicing as a consultant; or • Have attained the designation of FSA (Fellow of the Society of Actuaries), FCAS (Fellow of the Casualty Actuarial Society), or FSPA (Fellow of the American Society of Pension Professionals and Actuaries), or the equivalent designation for any international actuarial organization accepted by the Board of Directors of the Conference. 3. Maintain Continuing Education Requirements 4. Applicants must meet such other qualifications and requirements as may be required from time to time by the Board of Directors. Sponsoring Organization Conference of Consulting Actuaries 3380 Salem Lake Drive, Suite H Long Grove, IL 60047 Phone: (847) 719-6500 Fax: (847) 719-6506 E-mail:
[email protected] Website: www.ccactuaries.org
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FCAS
Fellow, Casualty Actuarial Society
Description: The FCAS program assumes completion of ACAS designation requirements and is an independent study with the objective of developing professionals in the field of casualty actuarial practice. The FCAS program achieves this objective, emphasizing fundamental mathematical concepts applicable to solving insurance problems and developing a comprehensive understanding of the business of property and casualty insurance. Requirements: 1. Completion of ACAS designation requirements. 2. Successful completion of two Fellowship examinations. Exams: Exam 8 Exam 9
Investments and Financial Analysis Advanced Ratemaking, Rate of Return, and Individual Risk Rating Plans
Sponsoring Organization: Casualty Actuarial Society 4350 North Fairfax Drive, Suite 250 Arlington, VA 22203 Phone: (703) 276-3100 Fax: (703) 276-3108 Website: www.casact.org
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FCII
Fellowship of the Chartered Insurance Institute
Description: The FCII designation is intended for insurance professionals who wish to pursue advanced level studies in risk and insurance. The FCII is recognized worldwide as a mark of the highest insurance professionalism and integrity, and entitles one to become a member of the Society of Fellows. Requirements: 1. Completion of the ACII or Advanced Diploma. 2. Three years of insurance experience and continuing professional development beyond the ACII or Advanced Diploma. 3. Complete the CII’s Business Ethics Programme. 4. Undertake a major achievement 5. Draw up a statement of personal achievement. Election: Election by the Society of Fellows involves submission of a completed application portfolio that satisfies the above requirements. Successful candidates may also apply for a chartered title: Chartered Insurer, Chartered Insurance Practitioner, or Chartered Insurance Broker. Sponsoring Organization: The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: 0181-989-8464 Fax: 0171-726-0131 Email:
[email protected] Website: www.cii.co.uk
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FCIP
Fellow Chartered Insurance Professional
Description: The FCIP program requires prior completion of the CIP program. The FCIP curriculum requires all students to take courses in business administration, economics and law. Students choose a subject of specialty among the areas of, management, claims, brokering, underwriting, or risk management. FCIP courses can be taken as classroom or distance learning courses. Requirements: 1. Completion of CIP designation requirements. 2. Ten FCIP courses (three required, four from an area of specialty, three electives). 3. Successful completion of ten examinations. Courses:
Required Courses (3 of 7): 910 911 912
Business Administration Economics Law
Required Courses (4 of 7): Students take four courses from their choice of one of the following programs: Management Claims Underwriting Risk Management Brokers Major
Elective Courses (3):
For a complete list of elective courses contact IIC. Sponsoring Organization: The Insurance Institute of Canada 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Phone: (416) 362-8586 Website: www.iic-iac.org
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FCLA
Fraud Claim Law Associate
Description: The FCLA program is an independent study program that covers fraud as it relates to casualty, property, and workers compensation claims and coverage issues. The program examines early fraud recognition, referral for special investigation, and understanding of insurance policy requirements in order to combat fraud effectively while honoring policy obligations and avoiding bad faith. Each program is designed for completion in approximately eight months. Requirements: 1. Two programs, a total of thirteen courses. 2. Successful completion of thirteen comprehensive examinations. Programs: ¾ Legal Principles Program ¾ Fraud Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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FCLS
Fraud Claim Law Specialist
Description: The FCLS program is an independent study program that covers fraud as it relates to casualty, property, and workers compensation claims and coverage issues. The program examines early fraud recognition, referral for special investigation, and understanding of insurance policy requirements in order to combat fraud effectively while honoring policy obligations and avoiding bad faith. The program is designed for completion in approximately seven months and consists of six courses. Requirements: Successful completion of six comprehensive examinations. Program: Fraud Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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FFSI
Fellow, Financial Service Institute
Description: FFSI courses provide a foundation for understanding financial services, and students can customize their learning experience with the Program’s required Professional Achievement Credits (PACs). By earning the FFSI designation, you will demonstrate significant commitment to the industry and your career, distinguish yourself as an industry expert and excel with the specialized knowledge you possess. Obtaining this designation displays personal motivation to establish yourself as an industry resource and further demonstrates your commitment to professionalism in the financial services industry. Requirements: 1. Successful completion of seven courses 2. Successful completion of seven examinations. 3. Receive three Professional Achievement Awards (PACs) Courses:
Level I:
LOMA 286 LOMA 305
Level II:
LOMA LOMA LOMA LOMA LOMA LOMA
311 316 326 351 356 380
Principles of Financial Services and Products Personal Financial Planning Business Law for Financial Services Professionals-US Business Law for Financial Services Professionals – Canada Financial Services Marketing Financial Services Environment Investment Principles and Institutional Investing Financial Services and Products for Organizations
PACs: PAC credit is earned by completing courses or by earning designations, licenses, or certificates for demonstrated professional achievement in financial services product areas. Please contact LOMA for further details. Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
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FIIC
Fellow of The Insurance Institute of Canada
Description: The FIIC program requires prior completion of the AIIC designation. The FIIC curriculum requires all students to take courses in business administration, economics and law. Students choose a subject of specialty among the areas of either management, claims, brokering, underwriting or risk management. FIIC courses can be taken as classroom or distance learning courses. Requirements: 1. Completion of AIIC designation requirements. 2. Ten FIIC courses (three required, four from an area of specialty, three electives). 3. Successful completion of ten examinations. Courses: 910 Business Administration 911 Economics 912 Law
Students take four courses from their choice of one of the following programs: Management Claims Underwriting Risk Management Brokers Major
Students take three chosen elective courses (elective courses include courses from all five program areas). Sponsoring Organization: The Insurance Institute of Canada 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Phone: (416) 362-8586 Website: www.iic-iac.org
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FLHC
Fellow, Life and Health Claims
Description: For students seeking a higher, more advanced level of claims education, the International Claim Association (ICA) offers the Fellow, Life and Health Claims (FLHC) professional designation. Although successful completion of the entire ALHC Program curriculum is a prerequisite to earning the FLHC designation, students may enroll for courses in either curriculum in any order. However, because the FLHC Program builds upon the knowledge gained from the ALHC Program curriculum, the ICA recommends completion of the entire ALHC Program before undertaking the FLHC Program. Requirements: 1. Complete the ALHC designation. 2. Complete three FLHC Program curriculum courses from LOMA 3. Complete one FLHC course from the American College. Courses:
Required Courses (3:) ACS 100 LOMA 320 UND 386
Foundations of Customer Service Life and Health Insurance Marketing Underwriting Life and Health Insurance
Elective Courses (1): LOMA 351 Financial Services Environment LOMA 371 Managing for Solvency and Profitability in Life Insurance companies AIRC 410 Regulatory Compliance: Companies, Producers, and Operations AIRC 420 Regulatory Compliance: Insurance and Annuity Products HS 321 Income Taxation HS 330 Fundamentals of Estate Planning I HS 331 Planning for Business Owners and Professionals Sponsoring Organization: ICA Office of the Registrar 1155 15th Street, NW Suite 500 Washington, DC 20005 Phone: (202) 452-0143 Fax: (202) 530-0659 Email:
[email protected] Website: www.claim.org
LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
Note: This program is administered for the International Claim Association (ICA)
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FLMI
Fellow, Life Management Institute
Description: The award-winning FLMI Program is a 10-course, professional development program that provides a comprehensive business education in the context of the insurance and financial services industry. Established in 1932, the FLMI Program is the world’s largest university-level education program in insurance and financial services. More than 80,000 students throughout the world have earned the FLMI designation. The FLMI Program has received worldwide recognition, and many courses are available in English, Spanish, Portuguese, Bahasa Indonesia, Simplified Chinese and Traditional Chinese, Korean, and French. Requirements: 1. Successful completion of ten courses 2. Successful completion of ten examinations. Courses:
Level I
LOMA 280 LOMA 290
Level II LOMA LOMA LOMA LOMA LOMA LOMA LOMA LOMA LOMA
301 311 316 320 330 351 356 361 371
Fundamentals of Life and Health Insurance
Principles of Insurance: Life, Health & Annuities Insurance Company Operations
Functional Aspects of Life and Health Insurance
Insurance Administration Business Law for Financial Services Professionals-US Business Law for Financial Services Professionals-Canada Life and Health Insurance Marketing Management Principles and Practices Financial Services Environment Investment Principles and Institutional Investing Accounting and Financial Reporting in Life Insurance Companies Managing for Solvency and Profitability in Life Insurance Companies
Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
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FSA
Fellow of the Society of Actuaries
Description: The F.S.A. program assumes attainment of the ASA designation and is an independent study program that allows candidates to choose an area of specialty from the areas of: Individual Life; Group Life and Health; Managed Care; Retirement Benefits, Finance/ERM and Investments. A Fellow of the Society of Actuaries has demonstrated knowledge in all major practice areas of actuarial science and has further concentration in one or more practice areas or fields of study. A Fellow is either already prepared to perform certain actuarial services or has the demonstrated the ability to acquire the needed skills and knowledge to provide actuarial services in existing areas or in those that may emerge. a Fellow has also received further education in professionalism. Requirements: 1. Receive ASA designation 2. Successful completion of two FSA level practice specific modules; two practice specific exams, a module on Decision Making and Communication Skills and the Fellowship Admissions Course. Individuals seeking to specialize in U.S. Retirement Benefits must also complete the three exams jointly sponsored with the Joint Board for the Enrollment of Actuaries, collectively known as the EA exams. Exams: Exam CSP, Company Sponsor Perspective, in same specialty track as selected above Exam DP, Design & Pricing, in same specialty track as selected above Modules: Two FSA modules in * Finance/ERM * Investments * Individual Life & Annuities * Retirement Benefits Decision Making and Communication Skills Module Courses: Fellowship Admissions Course, 2-day in person seminar Sponsoring Organization: Society of Actuaries 475 N. Martingale Road, Suite 600 Schaumburg, IL 60173-2226 Phone: (847) 706-3500 Fax: (847) 706-3599 Website: www.soa.org
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FSPA
Fellow, American Society of Pension Actuaries
Description: The Fellow, American Society of Pension Actuaries designation is the highest status awarded to individuals by the American Society of Pension Actuaries. It is granted to those who have attained the MSPA designation and have taken additional actuarial and consulting exams. Requirements: 1. Attainment of the MSPA designation. 2. Successful completion of three examinations. 3. Approval by the board of directors. 4. Payment of annual dues. Exams: C-3 Financial and Fiduciary Aspects of Qualified Plans C-4 Advanced Retirement Plan Consulting A-4 Advanced Actuarial Practice Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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FSS
Financial Services Specialist
Description: The American College’s new Financial Services Specialist (FSS) designation provides you with practical sales skills and introductory-level technical knowledge to help advance your career. For experienced advisors, these courses offer current knowledge on a wide range of products and services to help you explore new markets, retain your client relationships and compete for a larger share of their business. The American College has partnered with the National Association of Insurance and Financial Advisors (NAIFA) to market and deliver sales training and education. An advisory board, the Financial Services Training Council (FSTC), consisting of leading industry representatives, provides advice and counsel to ensure that the LUTCF and FSS designation programs meet the needs of the insurance and financial community and The College’s standards of academic excellence. Requirements: 1. Current Membership with NAIFA 2. Completion of six courses, with examinations; transfer of credit is available. 3. Ethics, experience, and continuing education requirements. Courses
Three “core” required courses: FA 262 FA 263 FA 290
Foundations of Financial Planning: An Overview Foundations of Financial Planning: The Process (October 2005) Ethics for Financial Services Professionals
FA 200 FA 201 FA 202
Prospect or Perish: Techniques for Prospecting Techniques for Exploring Personal Markets Techniques for Meeting Client Needs
FA FA FA FA
261 264 271 281
Foundations Foundations Foundations Foundations
of of of of
FA FA FA FA FA FA FA FA
211 222 251 252 255 256 257 258
Essentials Essentials Essentials Essentials Essentials Essentials Essentials Essentials
Disability Income Insurance Multiline Insurance Products (2007) Business Insurance Employee Benefits Long-Term Care Insurance Annuities Life Insurance Products Investment Products and Services (proposed course)
Three elective courses, selected from: Sales Skills Techniques:
Planning Foundations:
Product Essentials:
of of of of of of of of
Retirement Planning Investment Planning (2007) Estate Planning Senior Planning
(Note & contact information on following page) Note: If you currently hold the LUTCF designation, you may receive the FSS designation upon completion of FA 262, FA 263, and FA 290 in addition to one elective course from the other course offerings, provided that you have not used this elective course to qualify for the LUTCF designation.
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Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
National Association of Insurance and Financial Advisors 2901 Telestar Court Falls Church, VA 22042-1205 Phone: 703-770-8100 E-mail:
[email protected] Website: www.naifa.org
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GBA Canada
Group Benefit Associate
Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Course 2 Course 3 Course 9
Principles of Life, Health and other Group Benefits Applications of Life, Health and Other Group Benefits Health Care Economics and Issues
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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GBA US
Group Benefit Associate
Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Course 1 Course 2 Course 9
Employee Benefits: Concepts and Health Care Benefits Employee Benefits: Design, Administration and Other Welfare Benefits Health Economics
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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GBDS
Group Benefits Disability Specialist
Description: The Group Benefits Disability Specialist (GBDS) program equips designees with the tools they need to engage clients in a meaningful dialogue about the entire group benefits program, opening the door with the least-understood group benefits insurance package. Through completion of the rigorous GBDS selfstudy curriculum, designees add significant expertise to the value equation they bring to their clients and prospects. Contributing authors Pete Silkowski and Tom Kirner of The Hartford’s Group Benefits division share more than 60 years of disability industry experience, and have taught thousands of agents how to effectively represent the many benefits available only through group disability insurance. Requirements: 1. Licensed agent
-ORAt least one year of full-time experience in the insurance industry -OROne or more years as a full-time insurance trainer as part of an insurance company program -OROne or more years as a faculty member at an accredited college or university 2. Successful completion of The Harford Vault Program -ORSelf-study curriculum material for GBDS designation 3. Successfully pass GBDS Exam Curriculum Outline: ¾ Market Overview ¾ History ¾ Overcoming Resistance ¾ Regulation ¾ Government Provided Disability ¾ Short-Term Statutory ¾ Fraud ¾ Common Provisions ¾ LTD Provisions ¾ STD Provisions
¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾
Program Design Service Claims Core Buy-Up Voluntary STD Underwriting and Pricing LTD Underwriting and Pricing Taxation of Benefits Trends
Sponsoring Organization: The National Underwriter Co. 5081 Olympic Blvd. Erlanger, KY 41018 Phone: 1-866-339-4523x1
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Graduate Financial Planning Track Description: Students pursuing selected courses in The American College’s MSFS degree program now can apply them to the educational requirements of CFP® certification. Through a program registered with Certified Financial Planner Board of Standards Inc., students who successfully complete it may sit for the CFP® Certification Examination, administered by CFP Board, one of the requirements for CERTIFIED FINANCIAL PLANNER™ certification. The financial planning option comprises five courses in the College’s Irwin Graduate School (GS) and two in its Huebner School (HS). Requirements: Seven courses, with examinations. Courses GS 811 GS 814 GS 815 GS 817 GS 842 HS 300 HS 311
Security Analysis and Portfolio Management Retirement Savings Plans for Employees Advanced Estate Planning I Personal Tax Planning Executive Compensation Financial Planning: Process and Environment* Fundamentals of Insurance Planning*
* HS 318 Insurance and Financial Planning was replaced by HS 300 * HS311. Sponsoring Organization The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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GSP
Graduate Safety Practitioner
Description: The Graduate Safety Practitioner (GSP) program is an additional path to the Certified Safety Professional (CSP) certification available to graduates of safety bachelor's or master's degrees that meet BCSP Qualified Academic Program (QAP) standards. The GSP designation is not a certification. It denotes graduation from a QAP and indicates progress toward the CSP certification. Those accepted into the GSP program receive a waiver of the CSP application fee and the Safety Fundamentals examination. However, GSPs must pay an annual renewal fee to retain the designation and must comply with time limits and other requirements to complete the CSP certification. Requirements: Bachelor’s or master’s degree in safety from a degree program acceptable to BCSP (see www.bcsp.org/gsp). (The GSP designation denotes that a degree of this type was earned and the person is in process toward the CSP certification.) Examinations: Comprehensive Practice examination Sponsoring Organization: Board of Certified Safety Professionals 208 Burwash Avenue Savoy, IL 61874 Phone: (217) 359-9263 Fax: (217) 359-0055 Email:
[email protected] Website: www.bcsp.org
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HCAFA
Health Care Anti-Fraud Associate
Description: The HCAFA designation program is designed to give fraud managers the skills needed to detect and stop health insurance fraud. Upon completion of the program, students will understand types of health care fraud and abuse; methods of detection, investigation, and prevention; and pertinent legislation. Requirements: 1. Three courses. 2. Successful completion of all three examinations. Courses: ¾ Health Care Fraud: An Introduction to Detection, Investigation and Prevention ¾ Insurance Fraud in Key Products ¾ Health Care Fraud: Legal Issues Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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HCSA
Healthcare Customer Service Associate
Description: To stay competitive in today’s health care environment, providers of health care services and products need to emphasize customer service. The HCSA designation signifies that participants have completed practical studies to sharpen their problem-solving skills and increase their appreciation of the value customers bring to an organization. The program also provides a basic understanding of the fundamentals of the health insurance industry. Requirements: 1. Four courses. 2. Successful completion of all four examinations. Courses:
Required Courses (4): ¾ ¾ ¾
Fundamentals of Health Insurance Part A Fundamentals of Health Insurance Part B Customer Service Strategies for the Health Care Environment
Elective Courses (1): ¾ ¾ ¾ ¾ ¾ ¾
HIPAA Primer HIPAA Action Items for Insurers Long-Term Care: Understanding Needs and Options Managed Care, Part A Medical Management: Call Centers Medical Management: Quality Management
Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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HIA
Health Insurance Associate
Description: The HIA program is for health insurance professionals who desire increased expertise and understanding of their own work in relation to the industry and the health care field. It is a comprehensive program in both technical and socio-economic aspects of the health insurance industry. Requirements: 1. Six courses. 2. Successful completion of all six examinations. Courses:
Required Courses (4): ¾ ¾ ¾ ¾
Fundamentals of Health Insurance Part A Fundamentals of Health Insurance Part B Medical Expense Insurance Supplemental Health Insurance
Elective Courses (2): ¾ ¾ ¾ ¾
Disability, Part I, II, or III Fraud, Part I Long-Term Care, Part I HIPAA Primer
Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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HIPAAA
HIPAA Associate
Description: The HIPAAA designation signifies that participants have a working knowledge of the Health Insurance Portability and Accountability Act (HIPAA)—or, more specifically, that part of the act known as the administrative simplification provisions. By completing the current two-course program, students will gain an enhanced understanding of HIPAA terminology, plus acquire a general overview of the privacy rule and its business impact. Requirements: 1. Two courses. 2. Successful completion of two examinations. Courses: ¾ HIPAA Primer ¾ HIPAA Action Items for Insurers Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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HIPAAP
HIPAA Professional
Description: The HIPAAP designation is for students who seek advanced knowledge of the HIPAA standards for privacy of individually identifiable health information in preparation for the role of privacy officer. The primary focus is on the administrative simplification provisions, particularly the policies and procedures that provider organizations will need in place to comply with standards under the privacy rule. The threecourse program includes online instruction covering documentation requirements. Requirements: 1. Three courses. 2. Successful completion of three examinations. Courses: ¾ HIPAA Primer ¾ HIPAA Advanced Issues ¾ HIPAA Action Items for Insurers Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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INS
Program in General Insurance
Description: While INS is not a designation, its courses earn credit in a number of AICPCU/IIA designation programs, including the Chartered Property Casualty Underwriter designation. It provides a solid foundation upon which to build a career in insurance. The courses cover insurance principles, practices, and policies in depth. The certificate program covers both personal and commercial insurance. Although INS teaches you the fundamentals of insurance, it assumes some basic knowledge of insurance. Requirements: 1. Three courses (three undergraduate semester hours each). 2. Successful completion of three examinations. Courses: INS 21 INS 22 INS 23
Property and Liability Insurance Principles Personal Insurance Commercial Insurance
Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
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Introduction to Investment Consulting Certificate Description: The IMCA Introduction to Investment Consulting Certificate offers these professionals—stockbrokers, financial planners, accountants, banking professionals, and others—the opportunity to master the fundamentals of investment consulting. In addition to enhancing the knowledge of financial professionals, the IMCA Introduction to Investment Consulting Certificate serves as an excellent tool for staff training. An administrative or sales assistant who understands investment issues and the tools used in the profession can work more effectively with both consultants and clients and provide unique value added. This certificate program, developed with experienced practitioners and leading academicians, consists of six modules. Requirements: 1. Successful completion of six modules. Modules: ¾ An Introduction to Investment Consulting ¾ Types of Investments ¾ Investment Strategies and Types of Accounts ¾ Risk and Return ¾ Portfolio Management Techniques and Theories ¾ The Investment Consulting Process. Sponsoring Organization: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
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ISC
Investment Strategist Certificate
Description: The IMCA Essentials of Investment Consulting Certificate Program provides financial professionals with the opportunity to master the foundations of the investment management field. The program, which has been developed with experienced practitioners and top business school professors, consists of four courses. Requirements: 1. Successful completion of four courses. Courses: ¾ Investment Policy and the Asset Allocation Process ¾ Manager Search and Selection ¾ Performance Measurement and Attribution ¾ The Mathematics of Investment Consulting. Sponsoring Organization: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
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ITP
Insurance Training Professional
Description: The Insurance Training Professional (ITP) designation was created with member input and recognizes excellence in professional trainers. The designation requires both training and insurance experience/ knowledge and is designed to recognize the professionalism of insurance trainers. It includes a requirement for insurance knowledge, either through insurance designations or education, or through experience. It also requires a minimum of five years training experience and training knowledge as evidenced through study or other course work. The Insurance Training Professional (ITP) designation has pulled together the most essential elements for educators and trainers in the insurance industry. It is a balanced blend of insurance, training, education, and years of industry experience. Requirements: 1. Membership in SITE 2. Evidence of insurance knowledge • Approved insurance designation/certificate, • Accredited insurance/financial services courses at the college level of a minimum of 20 hours, or • Verification of a minimum of 10 years insurance company experience in core competencies of underwriting, actuarial, accounting, claims; and, for other jobs, please list experience that relates broad insurance knowledge. 3. Evidence of training/education knowledge • Approved Train-the-Trainer course completion, • Accredited adult education related degree or a closely related field with significant education coursework, or • Accredited education course work of 20 or more semester hours undergraduate or graduate 4. Evidence of training/education experience • A course module (including training objectives, training methodology and evaluation) and one of the following: A list of most recent courses taught/designed or needs assessment completed, or sample of evaluations for programs conducted and • Minimum 5 years as a training/education professional 5. Acceptance of the Code of Ethics Sponsoring Organization: SITE 6635 W. Happy Valley Rd., Suite A104, #444 Glendale, AZ 85310 Phone: (623) 547-6401 Fax: (623) 547-6814 Email:
[email protected] Website: www.insurancetrainers.org
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LLIF
LIMRA Leadership Institute Fellow
Description: The LLIF designation is awarded after successful completion of the LIMRA Leadership Institute’s Strategies for Executive Advancement series. This series consists of four programs that have been identified as critical for financial services professionals. Having completed the series, the attendee will have a deeper understanding of the interplay between marketing and finance, be able to identify new marketing opportunities, see how their personal leadership style can affect their organization and its future, and be in a better position to help their organization meet the goals that it has set for the coming year. Requirements: 1. Completion o f Various Seminars Programs: ¾ Capstone at Wharton (5 days)1 ¾ Creating Organizational Effectiveness (2 days) ¾ Financial Strategies (4 days) ¾ Information Technology Planning (1 day) ¾ Leadership (formerly Interpersonal) Strategies (4 days) ¾ Leveraging the 50+ Market (1 day) ¾ Marketing Strategies (4 days) ¾ Powerful, Persuasive Presentations (2 days)
¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾ ¾
Senior Executive Teams (1 day) Strategic Compensation Design (1 day) Strategic Project Management (1 day) Strategic Talent Management (2 days) Utilizing Emotional Intelligence (1 day) Achieving Leadership Presence (1 day) Change Management (1 day) Entering International Markets (2 days) Scenario Planning (2 days)
1. To attend the Capstone program at Wharton, you must first earn 15 credits. At least five credits must be earned in leadership skills (formerly Interpersonal Strategies). At least two credits each must be earned in marketing and financial. Note: The new program options will offer one credit per day, and you control the sequence of the courses. Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 688-3358 Fax: (860) 298-3934 Website: www.limra.com
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LPCS
Legal Principles Claim Specialist
Description: The LPCS Program is an independent study of the various aspects of legal principles that impact on insurance claims and coverage issues. The program is designed for completion n approximately eight months and consists of seven courses. Requirements: Successful completion of seven examinations. Program: Legal Principles Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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LTCP
Long-Term Care Professional
Description: The LTCP designation program is an exciting new option for industry professionals who want to learn about rising long-term care needs and the role of insurance in providing for these needs. Upon completion of the program, students will be well versed in the methods of financing long-term care needs, the long-term care insurance product, and issues surrounding claims and administration. Requirements: 1. Four courses. 2. Successful completion of all four examinations. 3. LTCP Renewal Program* * Now effective, those who complete the LTCP designation after December 31, 2006 will need to complete one AHIP-approved course every two years to maintain their designation. Those students who completed the LTCP designation prior to December 31, 2006 are grandfathered into the program and do not need to renew their credentials; however, we encourage those grandfathered into the program to voluntarily continue their studies to remain current within the industry. Courses: ¾ Long-Term Care: Understanding Needs and Options ¾ Financing Long-Term Care Needs ¾ The Long-Term Care Insurance Product ¾ Long-Term Care Insurance: Administration, Claims, and the Impact of HIPAA Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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LUTCF
Life Underwriting Training Council Fellow
Description: The LUTC Fellow (LUTCF) designation program offers education to help insurance professionals, producers, and managers get their careers off to a productive start. The program focuses on providing both sales skills and necessary product knowledge. The designation is conferred only on those individuals who meet or exceed the qualification standards determined by the designation’s joint sponsors. The American College has partnered with the National Association of Insurance and Financial Advisors (NAIFA) to market and deliver sales training and education. An advisory board, the Financial Services Training Council (FSTC), consisting of leading industry representatives, provides advice and counsel to ensure that the LUTCF and FSS designation programs meet the needs of the insurance and financial community and The College’s standards of academic excellence. Requirements: 1. Current Membership with NAIFA 2. Successful completion of five FA Series Courses and examinations 3. Successful completion of FA 290 ethics course and examination 4. Paid membership in good standing of a local association of NAIFA in the year of conferment 5. Submission of completed LUTC application to the College, with evidence of local NAIFA association membership Courses: FA 200 FA 201 FA 202 FA 211 FA 251 FA 252 FA 255 FA 256 FA 257 FA 261 FA 271 FA 281
Prospect or Perish: Techniques for Prospecting Techniques for Exploring Personal Markets † Techniques for Meeting Client Needs † Essentials of Disability Income Insurance Essentials of Business Insurance † Essentials of Employee Benefits † Essentials of Long-Term Care Insurance Essentials of Annuities Essentials of Life Insurance Products Foundations of Retirement Planning Foundations of Estate Planning † Foundations of Senior Planning
FA 290
Ethics for the Financial Services Professional
Ethics Course:
†These courses also are available online through the Online Training Center Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
National Association of Insurance and Financial Advisors 2901 Telestar Court Falls Church, VA 22042-1205 Phone: 703-770-8100 E-mail:
[email protected] Website: www.naifa.org
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MFA
Master Financial Advisor
Description: The MFA is the third and last stage of LIMRA’s Producer Development Series). This program improves retention, productivity, and profitability by not only getting new producers off to a fast, productive start but also by providing the knowledge and skills needed to support ongoing professional development. The first stage provides the fundamental knowledge and skills new producers need during their first year of business. Requirements: 1. Completed PFA requirements 2. Successful completion of three 300-level courses. Courses: 301 302 303
Financial Advisors Skills Training (FAST) Improving Your Effectiveness as a Financial Advisor Business Growth for the Financial Advisor
Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
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MFM
Master Financial Manager
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, accouning, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 5 or more years of financial management experience. 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be pre-qualified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. If not, you can take an approved executive certification course. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
www.analistafinanciero.com www.aafmgcc.com
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MFP
Master Financial Professional
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Complete an Accredited Degree in a finance related area: < Attended one of 560+ colleges Worldwide for Business School Training > 2. 3 years of Industry Experience, Continuing Education, Testing; Abide by AAFM Ethics Criteria based on Ibanez US Supreme Court Decision. Accredited College Degree from AACSB or ACBSP Accredited School holds special global recognition eligibility preference worldwide. 3. Agree to engage in 15 hours of continued education per year & Abide by the AAFM ethics guidelines. 4. Submitted a good faith and truthful resume documentation that illustrates and confirms the education, 3 years of related experience, specialized work, and testing that you completed and have performed. Note: If you meet these requirements, please send a resume or CV to
[email protected] Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
© The Society of Insurance Trainers & Educators, SITE, 2007
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MHP
Managed Healthcare Professional
Description: The MHP program is for professionals who desire increased expertise and understanding of the broad management role and organizational structures of managed care, as well as its operation and administration. Participants will become familiar with the policies and processes of the regulatory arena and evaluation measurements that determine the quality of managed care plans. Requirements: 1. Six courses. 2. Successful completion of all six examinations. Courses:
Required Courses (5): ¾ ¾ ¾ ¾ ¾
Fundamentals of Health Insurance Part A Fundamentals of Health Insurance Part B Managed Care Part A Managed Care Part B Managed Care Part C
Elective Courses (1): ¾ ¾ ¾
Medical Expense Insurance Dental Benefits Fraud, Part I
Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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MMA
Medical Management Associate
Description: The MMA designation is designed for students who are employees of health care organizations or providers of products and services and seek increased knowledge of the concepts and reasons for medical management and its impact on the industry. The program provides a comprehensive overview of the evolution of managed care, including legislative and regulatory issues, accreditation and certification, professional roles, various areas of operation, and future trends. Requirements: 1. Six courses. 2. Successful completion of all six examinations. Courses: ¾ Medical ¾ Medical ¾ Medical ¾ Medical ¾ Medical ¾ Medical
Management: Management: Management: Management: Management: Management:
An Overview Utilization Management Call Centers Case Management Disease Management Quality Management
Sponsoring Organization: AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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MS
Master of Science Degree Program (CFP or CFA)
Description: The Master of Science curriculum includes the crucial areas of financial planning and financial analysis. The program has two concentrations: Financial Planning and Financial Analysis. The Financial Planning concentration is approved by the Certified Financial Planner Board of Standards, and satisfies the educational requirements for the CFP® Certification Examination. The Financial Analysis concentration incorporates the CFA Body of Knowledge (BOK) learning objectives developed by the Association for Investment Management and Research (AIMR®), and helps students prepare for the Chartered Financial Analyst® designation examination. *The College for Financial Planning’s Master of Science degree program with a major in Personal Financial Planning is approved by the Certified Financial Planner Board of Standards, Inc., and satisfies the educational requirement for the CFP® Certification Examination. **The College for Financial Planning’s Master of Science degree program with a major in Financial Analysis incorporates the CFA Body of Knowledge learning objectives developed by the CFA Institute, the organization that administers the CFA Program and awards the Chartered Financial Analyst® designation. Requirements: 1. Evidence of academic preparation, such as a bachelor’s degree with a minimum grade point average of 2.5 on a 4.0 scale, or an earned graduate degree. 2. Application: Approval of your completed Master of Science Degree Application by the Admissions Committee, and payment of the application fee in full. 3. You must complete a minimum of 36 semester credit hours for the finance and personal financial planning majors, and 39 for the financial analysis major. Courses:
Finance Major: ECO 500 MAT 550 FIN 500 ACC 500 COM 500 FIN 510 ECO 510 FIN 511 FIN 550 FIN 551 ACC 510 ETH 550 FIN 600
Economics Statistical Techniques in Business and Economics Financial Management Accounting Communication & Research Techniques for Master's Students Investment Management Money and Banking Global Finance Financial Decision Making Security and Firm Valuation Financial Statement Analysis Business Ethics Case Studies in Finance
FIN 650 FIN 651
Individual Thesis (Capstone)1 Literature Research Thesis (Capstone)1
Two Elective Courses
1. Only one Capstone course is needed to fulfill requirements.
Personal Financial Planning Major: COM 500 PFP 510 PFP 511 PFP 512
Communication & Research Techniques for Master's Students Financial Planning Process & Risk Management Insurance Investment Planning
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PFP PFP PFP PFP PFP PFP PFP PFP
513 514 515 516 570 550 560 580
Income Tax Planning Retirement Planning Estate Planning (Part I) Estate Planning (Part II) Pre-retirement Financial Planning Topics Portfolio Management for Personal Financial Planners Tax Planning for the Highly Compensated Issues and Cases in Estate Planning
One Elective Courses PFP 650
Personal Financial Planning: An Integrated Case Study (Capstone)
Financial Analysis Major: Level I: FIN 520 ACC 510 FIN 521 FIN 522
Quantitative Analysis Financial Statement Analysis Economics & Derivatives Equity & Debt Management
FIN FIN FIN FIN
540 541 542 543
Advanced Financial Statement Analysis and Economics Derivatives Analysis of Equity Investments Analysis of Debt Investments
FIN 580 FIN 581 FIN 610
Managing Equity Investments Managing Debt Investments and Quantitative Analysis Advanced Portfolio Management
FIN 640
Financial Analysis: An Integrative (Capstone Project)
Level II:
Level III:
Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
© The Society of Insurance Trainers & Educators, SITE, 2007
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MSFS
Master of Science in Financial Services Degree
Description: The MSFS degree program is an applications-oriented curriculum of advanced financial planning topics with a special emphasis on case studies and client/practitioner issues. The program combines the convenience of distance learning with the indispensable student/faculty interaction of on-campus resident study. Requirements: Completion of 36 course credits—12 from residency courses and 24 from distance (self-study) courses. Most courses conclude with examinations. Transfer of credit is available. Courses:
Required Residency Courses—5 Courses Residency I—3 Courses (6 credits total):
Credits
GS 802 GS 803 GS 805
Communications and Research Financial Statement Analysis Managing the Financial Services Enterprise
0 3 3
GS 831 GS 811
Ethics and Human Values Security Analysis and Portfolio Management1
3 3
GS 810 GS 814 GS 815 GS 836 GS 817 GS 842
Financial Institutions Retirement Savings Plans for Employees Advanced Estate Planning I2 Business Succession Planning I2 Personal Tax Planning Executive Compensation
3 3 3 3 3 3
GS GS GS GS GS GS GS GS GS GS GS HS
Security Analysis and Portfolio Management Business Valuation Advanced Estate Planning II2 Mutual Funds: Analysis, Allocation, and Performance Evaluation Business Succession Planning I2 4 Business Succession Planning II2 3 Charitable Giving Professional Self-Management5 Defined-Benefit Plans Charitable Giving Applications Charitable Giving: Managing the Tools, the Applications, and the Relationships Financial Decision for Retirement
3 3 3 3 3 3 3 3 3 3 3 3
Residency II—2 Courses (6 credits total):
Required Self-Study Courses—5 Courses Complete these 5 courses (15 credits total)
Elective Self-Study Courses—3 Courses 811 812 816 819 836 838 839 841 843 849 859 352
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1. GS 811 is available as either a distance course or in residency. If GS 811 is taken as a distance course, the student must choose one of the following alternatives to complete the second residency session: (1) Take HS 383 Interpersonal Relationships in the Workplace for credit in the second session, or (2) take GS 811 again but not receive additional credit. If a student takes GS 811 for no credit, he or she must take another three-credit elective with the approval of the program director. Note: The College recommends that students use a calculator during the GS 811 exam. 2. Students may take either GS 815 or GS 836 as a required course. GS 816 is available as an elective only for students taking GS 815, and GS 838 is available as an elective only for students taking GS 836. 3. GS 838 is an on-campus review course, and is not available in distance/self-study format; contact Graduate Administration for details. 4. Electives: GS 836 may be taken as an elective with permission of the Director of the Irwin Graduate School. 5. GS 841 has been suspended; students may substitute HS 383 Interpersonal Relationships in the Workplace, offered through the Huebner School, in lieu of this course. Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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MSM
Master of Science in Management
Description: The MSM with an emphasis in leadership is a unique one-year program offering graduate level education that prepares today’s senior executives to lead their organization’s future. Those who complete the program gain a broader understanding of managerial leadership, performance improvement, power, politics and influence and organizational cultures. Requirements: Completion of ten courses, with examinations; transfer of credit is available. Courses:
Leading the Organization GS GS GS GS
900 930 960 990
Communications and Leadership Classic and Contemporary Leadership Studies Leading Strategy Development Management by Leadership
Driving Managerial Processes and Systems GS 910 GS 940 GS 950
Leadership Development Experience Dynamic Organizational Leadership Law, Compliance, Benefits, and Social Responsibility
GS 920 GS 970 GS 980
Personal and Interpersonal Leadership Skills Decision Making Leadership Skills Ethics in Leadership
Leader Development
Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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MSPA
Member, American Society of Pension Actuaries
Description: The Member, American Society of Pension Actuaries designation is awarded to individuals who have attained Enrolled Actuary status with the Joint Board for the Enrollment of Actuaries. Requirements: 1. Successful completion of three examinations. 2. Evidence of three years of responsible actuarial experience. 3. Approval by the board of directors. 4. Payment of annual dues. Exams: A-1 EA-1 A-2 EA-2(A) A-3 EA-2(B)
Basic Examination Pension Examination, Segment A Pension Examination, Segment B
Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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OHST
Occupational Health and Safety Technologist
Description: This program is intended for persons who work in occupational health and safety. Typical individuals are involved in safety inspections, industrial hygiene monitoring, safety and health training, investigating and maintaining records and similar functions. The job duties may be full-time or part-time. Qualifications are less stringent than those of the Certified Safety Professional (CSP) operated by the Board of Certified Safety Professionals or the Certified Industrial Hygiene (CIH) operated by the American Board of Industrial Hygiene. Candidates may substitute college courses in health and safety or an associate degree or higher in certain disciplines for up to 2 years of the experience requirement. Students in associate or higher degree programs in occupational safety and health may sit for the examination during their last semester. The OHST certification has achieved recognition in several state regulations related to safety, worker's compensation and other areas. Requirements: 1. Must have five years of experience in safety and health. (Academic education may substitute for up to two years). 2. Must pass the OHST Examination. 3. Have duties that require technical skills and knowledge in safety and health. 4. May work part-time or full-time in safety and health (35% is the minimum). 5. Meet Certification Maintenance requirements every five years and pay an annual renewal fee. Examinations: OHST Examination Sponsoring Organization: Council on Certification of Health, Environmental and Safety Technologists 208 Burwash Avenue Savoy, IL 61874-9571 Phone: (217) 359-2686 Fax: (217) 359-0055 Email:
[email protected] Website: www.cchest.org
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PCLA
Property Claim Law Associate
Description: The PCLA program is an independent study of the legal aspects of property claims and dispute resolution over personal and commercial lines coverages. Each program is designed for completion in approximately eight months. Requirements: 1. Two programs, a total of fourteen courses. 2. Successful completion of fourteen comprehensive examinations. Programs: ¾ Legal Principles Program ¾ Property Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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PCLS
Property Claim Law Specialist
Description: The PCLS program is an independent study of the legal aspects of property claims and dispute resolution over personal and commercial lines coverages. The program is designed for completion in approximately eight months and consists of seven courses. Requirements: Successful completion of seven comprehensive examinations. Program: Property Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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PCS
Professional Customer Service Program
Description: The PCS Program provides a series of advanced-level, in-depth courses focused on customer service within financial services companies. Courses in the program build on the fundamentals in LOMA’s Associate, Customer Service (ACS) Program and address the positive impact and value of understanding and successfully managing customer relationships. Requirements: 1. Complete the ACS designation. 2. Successfully complete three additional courses and examinations. Courses: PCS 391 PCS 392 PCS 393
Customer Behavior Customer Contacts: Strategies and Operations Customer Relationship Management
Sponsoring Organization: LOMA 2330 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Email:
[email protected] Website: www.loma.org
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PFA
Professional Financial Advisor
Description: The PFA is the second stage of LIMRA’s Producer Development Series). This program improves retention, productivity, and profitability by not only getting new producers off to a fast, productive start but also by providing the knowledge and skills needed to support ongoing professional development. The second stage is designed to support the continuing professional development of career producers in their second or third year, providing the competencies required to expand their client base and sales using needs-based selling. Requirements: 1. Completed AFA requirements 2. Successful completion of three 200-level courses. Courses: 201 Creating Clients: Moving from Sales to Marketing Development 202 Managing Your Business as a Professional 203 Building Relationships for Professional Growth Sponsoring Organization: LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
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PISA
Professional Insurance Sales Association
Description: The Katie School of Insurance and the Professional Sales Institute at Illinois State University are offering the new certification program. This program was created, in conjunction with the Professional Independent Insurance Agents of Illinois, to meet the needs of producers with less than two years experience, or CSR’s interested in becoming producers. Professional Insurance Sales Associate Illinois State University provides designation for insurance producers. Program is focused on selling insurance. The program format is one-week on campus followed by eight weeks back at agency, and then 4 days back on campus. Participants are evaluated based on sales presentation skills (both in-person and telephone sales), understanding of material, ethics, and personal assessment. Program receives industry sponsorship and technical support from Professional Independent Insurance Agents of Illinois (PIIAI). Program Format: Part 1 One Week on Campus Part 2 Eight Weeks Back at Agency Part 3 Four Days Back on Campus Sponsoring Organization: James R. Jones Director of Katie School of Insurance Illinois State University 432D College of Business Campus Box 5490 Normal, IL 6170-5490 Phone: (800) 697-8692 Fax: (309) 438-7753 E-mail:
[email protected] Website: http://www.pisa-isu.org www.katieschool.org
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PLCS
Personal Lines Coverage Specialist
Description: The PLCS is the most complete professional learning program available for industry professionals seeking to master the subject of personal lines coverage. The program was created by the staff of the renowned FC&S Bulletins.Students completing the PLCS program have demonstrated extensive knowledge in a critical functional area of property and casualty insurance practice-insurance policy coverage, and will have applied that knowledge through real-life case study exercises. Requirements: 1. Licensed agent, broker, adjuster, CSR or solicitor -ORAt least one years of full-time experience in the insurance industry or as a risk management practitioner -ORStudents of insurance academies authorized to confer the CLCS designation 2. Successful completion of PLCS Program 3. Complete a Request for PLCS Designation form 4. Mail the completed form with copies of the Results Page from each of the four Coverage Exams. Courses: ¾ Insurance Coverage Fundamentals ¾ The Personal Auto Policy ¾ The Homeowners Policy ¾ The Personal Umbrella Policy Sponsoring Organization: The National Underwriter Co. 5081 Olympic Blvd. Erlanger, KY 41018 1-866-339-4523x1
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QKA
Qualified 401(k) Administrator
Description: Applicants for the QKA credentials are from various professional disciplines. They typically assist employers and consultants with the recordkeeping, non-discrimination testing and the administrative aspects of 401(k) and related defined contribution plans. Requirements: 1. Successful completion of four examinations. 2. Evidence of two years of practical pension experience. 3. Approval by the board of directors. 4. Payment of annual dues. Exams: RPF-1 RPF-2 DC-1 DC-2
Retirement Plan Fundamental Exam 11 Retirement Plan Fundamental Exam 21 Defined Contribution Administrative Issues – Basic Concepts Defined Contribution Administrative Issues – Compliance Issues
1. May be replaced with Pension Administrators Course (Parts 1, 2, and 3). Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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QPA
Qualified Pension Administrator
Description: The Qualified Pension Administrator category recognizes professionals who are qualified to perform the technical and administrative functions of qualified plan administration. Requirements: 1. Successful completion of four examinations. 2. Evidence of two years of practical pension experience. 3. Approval by the board of directors. 4. Payment of annual dues. Courses: RPF-1 RPF-2 DC-1 DC-2 DC-3 DB
Retirement Plan Fundamental Exam 11 Retirement Plan Fundamental Exam 21 Defined Contribution Administrative Issues – Basic Concepts Defined Contribution Administrative Issues – Compliance Issues Defined Contribution Administrative Issues – Advanced Topics Administrative Issues of Defined Benefit Plans
1. May be replaced with Pension Administrators Course (Parts 1, 2, and 3). Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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QPFC
Qualified Plan Financial Consultant
Description: QPFC is the professional credential for financial professionals who sell, advise, market or support qualified retirement plans. The QPFC program will provide an understanding of general retirement planning concepts, terminology, distinctive features of qualified plans and the role of retirement plan professionals. QPFC is not an entry-level credential. You will be expected to have knowledge of investments, securities rules and selling techniques prior to the start of this program. Requirements: 1. Successful completion of four examinations. 2. meet one of the following requirements: • Series 6, 7 or 65 license issued by the NASD and two letters of reference demonstrating at least two years of retirement plan related experience; or • State-life or annuity insurance license and two letters of reference demonstrating at least two years of retirement plan related experience; or • Investment Advisor Representative or Registered Investment Advisor credential and two letters of reference demonstrating at least two years of retirement plan related experience. • Two letters of reference demonstrating at least three years of investment-related experience in connection with retirement plans. 3. Approval by the board of directors. 4. Payment of annual dues. Courses: RPF-1 RPF-2 PFC-1 PFC-2
Retirement Plan Fundamental Exam 11 Retirement Plan Fundamental Exam 21 Plan Financial Consulting Exam 1 Plan Financial Consulting Exam 2
1. May be replaced with Pension Administrators Course (Parts 1, 2, and 3). Sponsoring Organization: American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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REBC
Registered Employee Benefits Consultant
Description: The REBC program provides the most up-to-date relevant education on the dynamic field of employee benefits. Individuals gain a thorough understanding of pensions, retirement planning, and group medical, disability, and long-term care insurance. Also covered are executive compensation, personnel management, and managed care. Requirements: 1. Completion of five courses with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses:
Three required courses: HS 325 HS 326 HS 340
Group Benefits Planning for Retirement Needs Advanced Topics in Group Benefits
HS HS HS HS
Selected Retirement Plan Topics* Executive Compensation Compensation and Personnel Management Advanced Topics in Managed Care
Two elective courses selected from: 341 342 343 344
*HS 341 is suspended, but may be applied to your required electives for this designation if you have already taken it. Students may substitute GS 814 Retirement Savings Plans for Employees in lieu of HS 341 as an elective in this program. Recommended Course Sequence: Several courses in this program assume prior knowledge. You should take HS 325 prior to taking HS 340, and you should take HS 340 prior to electing HS 344. HS 326 should precede GS 814 if you plan to take GS 814 as an elective (in lieu of HS 341). If either or both HS 342 and HS 343 are selected, they should conclude the REBC studies. Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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RF
RIMS Fellow
Requirements: 1. Have Risk Management Foundation 2. Five years experience in the industry 3. Four foundation courses in business 4. Attend 12 days of RIMS Fellow Workshops Risk Management Foundation: ¾ Complete 3 courses in Risk Management (Fundamentals, Financing, Risk Control) by way of the ARM, CRM, CPCU or college/university level courses. 1 Business Foundation: ¾ Accounting and Finance are required. ¾ Two additional college or university-level courses in business, economics, MIS, law, insurance, marketing or management.2 RIMS Workshops: ¾ Must be offered directly by RIMS and its chapters or in partnership with other experts. 1. Applicants holding the Associate in Risk Management (ARM), Canadian Risk Management (CRM), or Certified Risk Manager (CRM) designations, or the ALARYS certificate meet this requirement. 2. An applicant holding a business administration degree meets this requirement. Sponsoring Organization: RIMS, Inc. 1065 Avenue of the Americas 13th Floor New York, NY 10018 Phone:(212)286-9292 E-mail:
[email protected] Website: www.rims.org
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RFS
Registered Financial Specialist
Description: The AAFM Designations and Board Certifications can be obtained by completing official training or having a peer review by the Board of Standards of a candidate’s resume, experience, graduate degrees or training, or other education. All members must abide by the good standing, ethics, and continuing education requirements. Requirements: 1. Completed one of our Approved Certification Training Courses 2. Hold a degree from an accredited college or completed an Accredited College Degree in financial related areas such as: tax, accounting, or financial management or financial services or who have a CPA, JD, MBA, PhD or have masters or other relevant degree. 3. 5 or more years of financial management experience 4. Agree to engage in 15 flexible hours of continued education per year & Abide by the AAFM ethics guidelines. Exemption or Executive Waivers: “If you have successfully completed an Accredited Masters Degree or MBA - masters degree in business, management, finance, tax, accounting, financial services, law, or have earned a CPA, MBA, MS, DBA, PhD or JD, Doctorate of Law, or hold a sanctioned Graduate Designation (specify all licenses and designations in your application) - Then, you may be pre-qualified if you have the substantial experience that can be shown in your resume. If you have an AACSB, ACBSP or EQUIS accredited college degree with more than 5 years of relevant experience in this industry you may also submit an application and email documentation of your relevant experience, education, licenses and credentials.” If you meet the above requirements above, submit a good faith resume that illustrates the education, experience, and testing that you have completed. If not, you can take an approved executive certification course. Sponsoring Organization American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
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RHU
Registered Health Underwriter
Description: The RHU designation provides the most up-to-date education on medical insurance, disability income insurance, and long-term care insurance. Students will obtain a thorough understanding of managed care and how it works. Requirements: 1. Completion of three courses with examinations; transfer of credit is available. 2. Ethics, experience, and continuing education requirements. Courses:
Two ”Core” required courses: HS 325 HS 340
Group Benefits Advanced Topics in Group Benefits
HS 313 HS 344
Individual Health Insurance Advanced Topics in Managed Care
One elective course selected from:
Recommended Course Sequence: Several courses in the program assume prior knowledge of the subject. If you plan to take HS 344 as your elective, you should take HS 325, then HS 340, and conclude with HS 344. If you plan to take HS 313 as your elective, you should take HS 325 and HS 313 prior to taking HS 340. Sponsoring Organization: The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] Website: www.theamericancollege.edu
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RIS
Retirement Income Specialist
Description: The Retirement Income Specialist (RIS) program will give you the knowledge needed to provide checks to your clients on a regular basis using conventional as well as unconventional methods. Fixed-income instruments are typically the centerpiece of an income-oriented strategy, but this does not have to be the case. Reverse mortgages, covered call writing, and allocated systematic withdrawal plans are just a few ways that can help compliment the overall portfolio. RIS materials include detailed attention to bonds, their varieties, forms of security, and trading. Because most people understand the ups and downs of the stocks but not bonds. The program details how such volatility can be effectively communicated to clients while instilling peace of mind. Other fixed- and variable-rate investment vehicles are covered, as well as conservative equity plays such as utilities and target retirement portfolios. What makes the RIS program unique is its creative approach to the subject matter. Taxes, practicality, and investor psychology are all taken into account. Maximizing returns for those who need income on a regular basis is easy once you have gone through the RIS course. Content is updated throughout the year in order to reflect new trends, studies, and analysis. Your clients will appreciate the special knowledge and insight you bring to the table as an RIS. The strategies offered will make you stand above your peers and competitors. Requirements: 1. Successful completion of six modules. 2. Successfully pass three non-cumulative exams. 3. Complete one case-study. Modules: Module I Module II Module III Module IV Module V Module VI
Investment Concepts and Principles Bond Building Blocks, Convertibles, and Riding the Yield Curve Retirement Planning and Planning for Death Income Taxes, Social Security, and Medicare Stocks, Utilities, Real Estate, Withdrawal Plans, and Living Benefits ETFs, Closed-End Funds, Conservative Options, Stretch IRAs, and Reverse Mortgages
Sponsoring Organization: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
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RMPE
Risk Management for Public Entities
Description: Risk management is an increasingly important aspect of public administration. Completing the Risk Management for Public Entities course will help you understand the differences between public and private sector risk management. It can also help you broaden your career opportunities by increasing your understanding of public entity risk management. Requirements: You will earn a Certificate of Completion when you pass the RMPE 352. Or you may choose to earn the ARM-P designation by passing the three ARM exams in addition to the RMPE 352 exam. Courses:
Required Course: RMPE 352
Risk Management for Public Entities
Optional Courses: ARM 54 ARM 55 ARM 56
Essentials of Risk Management Essentials of Risk Control Risk Financing
Sponsoring Organization: AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
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RP®
Registered Paraplannersm or RP Program®
Description: ® The RP Program is ideal for front line employees in the financial services industry, particularly as the industry evolves and becomes more complex. Students will gain basic, practical knowledge of all aspects of the financial services industry. Requirements: 1. successfully complete the RP Program 2. pass the final exam 3. sign a code of ethics commitment and declaration form 4. complete a three-month internship Courses: ¾ The Financial Planning Process ¾ Financial Statements & Cash Flow Management ¾ The Time Value of Money ¾ Investment Principles & Mutual Funds ¾ Equities & Debt Instruments ¾ Tax Planning ¾ Retirement Planning ¾ Introduction to Insurance ¾ Life & Health Insurance ¾ Estate Planning Sponsoring Organization: College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
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RPA Retirement Plans Associate Canada Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Course 1 Course 4 Course 7
Government-Sponsored Benefit Programs Pension Plans and Other Retirement Income Programs Asset Management
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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RPA US
Retirement Plans Associate
Description: This is one of the core elements to the CEBS. By completing this designation, you become a step closer to achieving the CEBS designation. Requirements: ¾ Successful completion of three courses. Courses
Required Courses (3): Course 3 Course 4 Course 7
Retirement Plans: Basic Features and Defined Contribution Approaches Retirement Plans: Defined Benefit Approaches and Plan Administration Asset Management
Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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RPLU
Registered Professional Liability Underwriter
Description: The RPLU program is a self study in risk management, professional liability, claims handling, managing risk exposure, marketing/sales, underwriting, and legal aspects of professional liability. Students work at their own pace. Requirements: 1. Five courses. 2. Successful completion of five examinations. 3. Meet Professional Liability Underwriting Society experience (two years work in insurance activities) and ethics requirements. Courses: Part I General & Umbrella Liability, Reinsurance, Classification and Rating Systems Part II Professional Liability Overview Part III Non-Medical Professional Liability Part IV Medical Professional Liability Part V Directors’ & Officers’, Employment Practices Liability and Fiduciary Liability Note: Will transition to new curriculum after 1/1/08 Sponsoring Organization: Professional Liability Underwriting Society (PLUS) 5353 Wayzata Blvd., Suite 600 Minneapolis, MN 55416 Phone: (800) 845-0778 Fax: (952) 746-2599 E-mail:
[email protected] Website: www.plusweb.org
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SCLA
Senior Claim Law Associate
Description: The SCLA program is a comprehensive independent study of the legal aspects of claims, including automobile, homeowners, and general liability, as well as dispute resolution of personal and commercial lines coverages and workers compensation claims. Each program is designed for completion in approximately eight months. Requirements: 1. Four programs, a total of approximately twenty-seven courses. 2. Successful completion of approximately twenty-seven comprehensive examinations. Programs: Legal Principles Program
Plus any three of the following programs: ¾ ¾ ¾ ¾
Liability Program Property Program Workers Compensation Program Fraud Program
Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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SILA-A
Securities & Insurance Licensing Association Associate
Description: The SILA-A designation is designed to provide a solid educational framework for licensing professionals. Its overall purpose is to promote high standards of quality and excellence in the compliance profession by requiring certain minimum levels of experience and education. Requirements: 1. Membership in SILA for one full year. 2. Attendance at two regional meetings or four approved chapter meetings with a guest speaker. 3. A minimum of two years of employment in licensing administration, compliance, contracts and compensation, registration, agent tracking for continued education, education course approvals, publishing, testing and regulation. 4. Completion of SILA-Approved Education Courses. Courses: ¾ Insurance Principles ¾ Communications Skills ¾ Delivery Quality Service ¾ Licensing Basics ¾ Ethics Sponsoring Organization: Society of Insurance Licensing Administrators P.O. Box 68203 Indianapolis, IN 46268-0203 Phone: (800) 428-8329 Fax: (800) 876-SILA Email:
[email protected] Website: www.sila.org
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SILA-F
Securities & Insurance Licensing Association Fellow
Description: The SILA-F designation is designed to provide proof of expertise, experience, and excellence in the field of licensing administration beyond the SILA-A designation. Requirements: 1. Membership in SILA for 3 years. 2. Attendance at 3 national SILA conferences. 3. A minimum of five years of employment in licensing administration, compliance, contracts and compensation, registration, agent tracking for continuing education, course approvals, publishing, testing and regulation. 4. Completion of one of the following industry recognized designations: • ACS, AIIC, AIM, AIT, ARM, INS, CEBS, FLMI, or HIA. Courses: ¾ Insurance Principles ¾ Communications Skills ¾ Delivery Quality Service ¾ Licensing Basics ¾ Ethics Sponsoring Organization: Society of Insurance Licensing Administrators P.O. Box 68203 Indianapolis, IN 46268-0203 Phone: (800) 428-8329 Fax: (800) 876-SILA Email:
[email protected] Website: www.sila.org
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STS
Safety Trained Supervisor
Description: Safety Trained Supervisors are not safety specialists or safety practitioners. Typical candidates have a safety responsibility that is adjunct, collateral or ancillary to their job duties. Their main job duties are in a craft or trade, in leadership, supervision or management, or in a technical specialty. The typical certified STS helps an employer implement safety programs at the worker level through supervisory, safety committee or similar safety and health leadership roles. Safety tasks often include monitoring for job hazards, helping ensure regulatory compliance, training employees in safety practices, performing safety recordkeeping tasks, coordinating corrections for safety problems within or among work groups, and communicating with safety specialists or management. The STS safety responsibility is a part-time responsibility, usually less than 1/3 of the total job duties. If safety responsibilities involve a greater portion of job duties, the role is more likely to be that of a safety technician/technologist or safety professional. Requirements: 1. Have two years of experience in any industry or in the industry related to the version of the STS examination to be taken. 2. Have one year of experience as a supervisor or safety leader of a work group. Examples are manager, foreman, crew chief, superintendent, or member of a safety committee. This experience can be concurrent with Requirement #1. 3. If you are training to become a supervisor or safety leader and do not have the one year of experience in such roles, you can substitute two additional years of industry experience in Requirement #1. 4. Have completed 30 hours of formal safety training through a single course or multiple training courses. Examination (1): STS Examination • Construction • General Industry • Petrochemical Sponsoring Organization: Council on Certification of Health, Environmental and Safety Technologists 208 Burwash Avenue Savoy, IL 61874-9571 Phone: (217) 359-2686 Fax: (217) 359-0055 Email:
[email protected] Website: www.cchest.org
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WCCP
Workers’ Compensation Claims Professional
Description: This program is designed for workers’ compensation specialists, insurance company claims adjusters, self-insured compensation personnel, workers’ compensation consultants, and defense and advocate attorneys. Earning the WCCP ensures a thorough grounding in principles and theories of workers’ compensation that can be applied directly to daily job functions and ensures recognition as a true professional in the field of workers’ compensation. Requirements: 1. Completion of all five of IEA’s Workers’ Compensation Claims Administration Certificate courses with a grade of “C” or better. 2. Candidates must pass all three WCCP classes with a final grade of “A” of “B”: 3. Six hours of workers’ compensation claims continuing education will be required annually once designation is awarded. Courses: CA 10 CA 11 CA 12 CA 13 CA 14 CA 15 CA 17 CA 20
Workers’ Compensation Claims1 Workers’ Compensation Claims Advanced Medical Coordination of Workers’ Compensation Claims Workers’ Compensation: Permanent Disability Rating Workers’ Compensation Rehabilitation Permanent Disability Rating Advanced Labor Code and Current Case Law Advanced Issues in Workers’ Compensation
1. CA 8 or Introduction to Workers’ Compensation Claims is a required prerequisite for persons with less than six months claims handling experience. Sponsoring Organization: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
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WCLA
Workers Compensation Claim Law Associate
Description: The WCLA program is an independent study of the legal aspects of claims and the practices and procedures for handling workers compensation claims. Each program is designed for completion in approximately eight months. Requirements: 1. Two programs, a total of fourteen courses. 2. Successful completion of fourteen comprehensive examinations. Programs: ¾ Legal Principles ¾ Workers Compensation Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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WCLS
Workers Compensation Claim Law Specialist
Description: The WCLS program is an independent study of claims practices and procedures for handling workers compensation claims. This program is designed for completion in approximately eight months and consists of seven courses. Requirements: Successful completion of seven comprehensive examinations. Program: Workers Compensation Program Sponsoring Organization: American Educational Institute P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Website: www.aeiclaimslaw.com
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Sponsoring Organizations
Page
American Academy of Actuaries American Academy of Financial Management The American College American Educational Institute American Institute for CPCU & Insurance Institute of America (AICPCU/IIA) American Insurance and Marketing and Sales Society (AIMS) American Society of Pension Professionals & Actuaries America’s Health Insurance Plans (AHIP) Association for Financial Counseling and Planning Education® Association of Certified Fraud Examiners Association of Chartered Senior Financial Planners Association of Insurance Compliance Professionals Board of Certified Safety Professionals Casualty Actuarial Society Certified Financial Planner Board of Standards, Inc Certified Professional Insurance Agents Society CFA Institute The Chartered Insurance Institute Chartered Insurance Professionals’ Society (CIP Society) College for Financial Planning Conference of Consulting Actuaries Corporation for Long-Term Care Certification Council on Certification of Health, Environmental & Safety Technologists (CCHEST) GAMA International Global Risk Management Institute, Inc. Independent Insurance Agents & Brokers of America Institute of Business Finance Insurance Brokers Association of Canada Insurance Data Management Association Insurance Educational Association (IEA) Insurance Institute of America (see AICPCU/IIA page 231) Insurance Institute of Canada Insurance Regulatory Examiners Society International Claim Association International Foundation of Employee Benefit Plans Investment Management Consultants Association Katie School of Insurance & Financial Services LIMRA International Life Office Management Association (LOMA) The National Alliance for Insurance Education & Research National Association of Estate Planners & Councils National Association of Financial and Estate Planning National Association of Insurance and Financial Advisors National Association of Insurance Women (International) National Foundation for CPSR The National Institute of Certified Estate Planners National Institute of Pension Administrators The National Underwriter Company Professional Liability Underwriting Society Risk and Insurance Management Society, Inc. (RIMS) Society of Actuaries
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Securities & Insurance Licensing Association (SILA) Society of Insurance Trainers & Educators (SITE) Society of Certified Senior Advisors
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American Academy of Actuaries Overview The American Academy of Actuaries represents and unites U.S. actuaries from all practice areas. As the profession's voice on public policy and professionalism issues, the Academy serves its members—and the public—in the following ways: ¾ It establishes, maintains, and enforces high professional standards of actuarial qualification, practice, and conduct. ¾ It represents the profession at the state, national, and international levels. ¾ It assists in shaping public policy by providing legislators, regulators, and others with independent, objective information and analysis. ¾ In cooperation with other organizations, it works to represent and advance the actuarial profession and to increase public awareness of the actuary's vital role in the economy and government. Designations: AAAM American Academy of Actuaries Member Contact Information: American Academy of Actuaries 1100 Seventeenth Street NW, Seventh Floor Washington, DC 20036 Phone: (202) 223-8196 Fax: (202) 872-1948 E-mail:
[email protected] Website: www.actuary.org
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American Academy of Financial Management Overview The American Academy of Financial Management (AAFM) is a global self-regulatory Board of Standards that offers Designations and Certifications in Financial Planning, Estate Planning, Asset Management, and Financial Management. AAFM was founded as a graduate organization for financial, banking, legal and wealth management professionals. AAFM has specialty designations for Financial Planning and Insurance Professionals. AAFM has members in 151 countries and has chartered offices in the US, UAE, China, Singapore, Mexico, EU, Hong Kong, Kuwait and more. Board Certifications and Designations Offered CAM Chartered Asset Manager CMA Chartered Market Analyst or Financial Analyst Designate CPM Chartered Portfolio Manager CTEP Chartered Trust and Estate Planner CWM Chartered Wealth Manager MFM Master Financial Manager MFP Master Financial Professional RFS Registered Financial Specialist Note: Other designations are offered through AAFM. For a complete list and further details, please contact AAFM. Contact Information American Academy of Financial Management Board of Standards G. Mentz, Esq. – General Counsel and Attorney at Law 650 Poydras Street, Suite 2150 New Orleans, LA 70130 Phone: (504_ 495-1748 or (877) 588-2698 Email:
[email protected] Websites: www.aafmtw.com www.financialanalyst.org www.aafm.org www.aafmindia.com www.aafmchina.com www.aafm.com.hk
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The American College Overview The American College is an independent, nonprofit, accredited* educational institution founded in 1927. The College provides graduate and professional education to individuals seeking career growth in the field of financial services, including life insurance. Courses are offered mainly on a self-study, distancelearning basis, using both printed study materials as well as online services. The College’s CFP® Certification Curriculum provides the educational component needed to qualify to sit for the CFP® Certification Examination of Certified Financial Planner Board of Standards (CFP Board), one of the requirements to earn CFP® certification.** In addition, the College offers graduate-level certificates; the Graduate Financial Planning Track, also a CFP Board-Registered Program; courses that meet the educational requirements for the Accredited Estate Planner (AEP) designation of the National Association of Estate Planners & Councils; and continuing education programs, including most recently courses offered in conjunction with The Kugler Company, LLC. *Accredited by the Commission on Higher Education of Middle States Association of Colleges and Schools, 3624 Market St., Philadelphia, PA 19104-2680; phone: (215) 662-5606. **Certified Financial Planner Board of Standards Inc. owns the marks CFP®, CERTIFIED FINANCIAL PLANNER™ and CFP (with flame logo)®, which it awards to individuals who successfully complete initial and ongoing certification requirements. Student Policies: By enrolling in any course at The American College, a student agrees to abide by the following student policies: • Admissions Declarations • Recertification Fee • Policy Concerning Timely Completion of Requirements for Designation/Degree Programs Major Programs (Designation, Degree, Certificate) AEP Designation Accredited Estate Planner CAP Certificate Chartered Advisor in Philanthropy CASL Designation Chartered Advisor for Senior Living Certified Financial Planner CFP Curriculum ChFC Designation Chartered Financial Consultant CLF Designation Chartered Leadership Fellow CLU Designation Chartered Life Underwriter FSS Designation Financial Services Specialist Graduate Financial Planning Track LUTC Fellow Life Underwriting Training Council Fellow MSFS Degree Master of Science in Financial Services MSM Program Master of Science in Management REBC Designation Registered Employee Benefits Consultant RHU Designation Registered Health Underwriter
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Contact Information The American College 270 S. Bryn Mawr Avenue Bryn Mawr, PA 19010 Phone: (888) 263-7265 Fax: (610) 526-1465 E-mail:
[email protected] or check website at: http://www.theamericancollege.edu/support/contact.asp Website: www.theamericancollege.edu
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American Educational Institute, Inc. Overview American Educational Institute, established in 1969, provides self-study training courses in claims law and coverage. Programs of study include: Legal Principles, Liability, Automobile, Property, Fraud and Workers’ Compensation. Designations are earned upon program completion. AEI’s ultimate designation, the Senior Claim Law Associate (SCLA), is achieved by completing Legal Principles and three other programs of the student’s choice. Students learn to identify legal issues, analyze claim problems and ask pertinent questions during their investigations. Designations Offered ACLA Automobile Claim Law Associate ACLS Automobile Claim Law Specialist CCLS Casualty Claim Law Specialist CCLA Casualty Claim Law Associate FCLS Fraud Claim Law Specialist FCLA Fraud Claim Law Associate LPCS Legal Principles Claim Specialist PCLS Property Claim Law Specialist PCLA Property Claim Law Associate SCLA Senior Claim Law Associate WCLS Workers Compensation Claim Law Specialist WCLA Workers Compensation Claim Law Associate Contact Information AEI, Inc. P.O. Box 356 Basking Ridge, NJ 07920 Phone: (800) 631-8183 Fax: (908) 766-9710 Contact: Patrick Vincent, Director of Marketing Email:
[email protected] Website: www.aeiclaimslaw.com
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American Institute for Chartered Property Casualty Underwriters (AICPCU) & Insurance Institute of America (IIA) Overview The American Institute for Chartered Property Casualty Underwriters (AICPCU) and the Insurance Institute of America (IIA) are independent, non-profit organizations offering educational programs and professional certification to those in the property-casualty insurance. The American Institute was chartered in 1942. Its mission is to promote both technical competence and ethical behavior within the insurance business. The Insurance Institute of America founded in 1909, is the oldest continuously functioning organization with educational programs for the property and liability insurance business. Its programs offer specialist education in certain fields and general education in insurance principles. Designation Offered by AICPCU CPCU Chartered Property Casualty Underwriter Designations Offered by IIA AAI Accredited Advisor in Insurance AFSB Associate in Fidelity & Surety Bonding AIAF Associate in Insurance Accounting & Finance AIC Associate in Claims AIM Associate in Management AIS Associate in Insurance Services AIT Associate in Information Technology AMIM Associate in Marine Insurance Management APA Associate in Premium Auditing API Associate in Personal Insurance ARC Associate in Regulation & Compliance ARe Associate in Reinsurance ARM Associate in Risk Management ARM-P Associate in Risk Management for Public Entities ASLI Associate in Surplus Lines Insurance AU Associate in Underwriting RMPE Risk Management for Public Entities Certification Program Offered by IIA Program in General Insurance (INS courses earn credit in a number of AICPCU/IIA designation programs, including CPCU) Contact Information AICPCU/IIA 720 Providence Road, P.O. Box 3016 Malvern, PA 19355-0716 Phone: (800) 644-2101 Fax: (610) 640-9576 Email:
[email protected] Website: www.aicpcu.org
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American Insurance and Marketing and Sales Society (AIMS) Overview Founded in 1968 as The Firemark Society (FMS), the American Insurance Marketing and Sales (AIMS) Society provides training, information and networking services designed to increase the personal and agency sales production of property and casualty insurance agents. AIMS was the first organization to honor property and casualty agents for sales excellence and to establish the industry’s only sales-based insurance designation …Certified Professional Insurance Agent (CPIA). The AIMS Society is a member-driven, national organization. Membership is open to any individual engaged in sales and marketing in the property and casualty insurance business. Completion of CPIA designation requirements is not necessary to qualify for membership. Designation Offered CPIA Certified Professional Insurance Agent Contact Information American Insurance Marketing and Sales Society PO Box 35718 Richmond, VA 23235 Phone: 804/674-6466 Toll Free: 877/674-CPIA Fax: 804/915-9435 Website: www.aimssociety.com
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American Society of Pension Professionals & Actuaries Overview The American Society of Pension Actuaries, founded in 1966, provides a forum for the exchange of ideas and an avenue for the continuing education of individuals involved in employee benefit planning and pension actuarial work. It also functions as a body for the coordinated representation of the private pension system before the government. Designations Offered APM Associated Professional Member CPC Certified Pension Consultant FSPA Fellow, Society of Pension Actuaries MSPA Member, Society of Pension Actuaries QKA Qualified 401(k) Administrator QPA Qualified Pension Administrator QPFC Qualified Plan Financial Consultant Contact Information American Society of Pension Professionals & Actuaries 4350 N. Fairfax Drive, Suite 820 Arlington, VA 22203 Phone: (703) 516-9300 Fax: (703) 516-9308 E-mail:
[email protected] Website: www.asppa.org
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America’s Health Insurance Plans (AHIP) Overview America’s Health Insurance Plans (AHIP) is the national association representing nearly 1,300 member companies providing health insurance coverage to more than 200 million Americans. It is also the industry’s premier provider of high-quality educational materials and services. Since 1958, more than 600,000 employees of health insurance plans, consultants, third-party administrators (TPAs), agents, brokers, clinicians, government officials, and others have increased their knowledge and enjoyed the benefits of the Center’s programs. Internet enrollment and testing make the Center’s learning activities accessible to students worldwide. There are no prerequisites. Individuals can enroll, and we also encourage companies to take the lead in helping their employees further their professional development. Designations Offered BPA Business Process Advisor DHP Disability Healthcare Professional DIA Disability Income Associate EHBA Employee Healthcare Benefits Associate HCAFA Health Care Anti-Fraud Associate HCSA Healthcare Customer Service Associate HIA Health Insurance Associate HIPAAA HIPPA Associate HIPAAP HIPPA Professional LTCP Long-Term Care Professional MHP Managed Healthcare Professional MMA Medical Management Associate Contact Information AHIP 601 Pennsylvania Avenue NW, South Building, Suite 500 Washington DC 20004 Phone: (800) 509-4422 Fax: (202) 861-6354 E-mail:
[email protected] Website: www.insuranceeducation.org
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Association for Financial Counseling and Planning Education® Overview: The Association for Financial Counseling and Planning Education (AFCPE®) is dedicated to enhancing the capacity of professional financial, credit and housing counselors to improve the financial stability and security of all Americans. Members and certificants assist consumers with financial decision making through education and one-to-one counseling. The association owns and operates three certification programs: Accredited Financial CounselorSM, Certified Housing Counselor® and Accredited Credit CounselorSM. Designations: AFC® Accredited Financial CounselorSM CHC® Certified Housing Counselor Contact Information: 1500 W. Third Avenue Suite 223 Columbus, OH 43212 Phone: (614) 485-9650 Fax: (614) 485-9621 E-mail:
[email protected] Website: www.afcpe.org
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Association of Certified Fraud Examiners Overview The Association of Certified Fraud Examiners is a professional, international organization with 26,000 members. Since 1988, the Association has been dedicated to educating and certifying qualified individuals (Certified Fraud Examiners) in the highly specialized aspects of fraud detection and prevention. The diverse membership of the Association includes auditors, accountants, fraud investigators, loss prevention specialists, attorneys, educators, criminologists, and other anti-fraud professionals. The Association is the recognized international source of fraud information, products, and services. Based in Austin, Texas, the Association researches and develops fraud-related training programs on a variety of topics while presenting more than 50 national and international seminars per year. Designations Offered CFE Certified Fraud Examiner Contact Information Association of Certified Fraud Examiners World Headquarters - The Gregor Building 716 West Ave Austin, TX 78701-2727 USA Phone: (800) 245-3321 (USA & Canada only) Phone: (512) 478-9000 Fax: (512) 478-9297 E-Mail:
[email protected] Website: www.ACFE.com
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Association of Chartered Senior Financial Planners Overview: The ACSFP - Association of Chartered Senior Financial Planners was founded to assist Life and Health Insurance Agents with Advanced Retirement Planning and Asset Protection. We offer the CSFP-Chartered Senior Financial Planner designation, which is available to Licensed Life Insurance Agents. Our primary focus is to ensure that ethics, tolerance for risk, and proper strategies are used when Retirement Planning and developing Asset Protection strategies for clients. Our associates include Investment Advisors, Insurance Agents and Advisors, Estate Planners, Lawyers, Bankers, and CPA's who are constantly researching and developing the latest strategies in these areas. Designations: CSFP Chartered Senior Financial Planner Contact Information: 8174 South Holly Street #253 Centennial, Colorado 80122 Phone: 866-94-ACSFP Fax: (303) 379-6483 E-mail:
[email protected] Website: www.acsfp.com
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Association of Insurance Compliance Professionals Overview With a mutual interest in insurance compliance, a group of visionary compliance and regulatory people met in 1985 to discuss the standards of professionalism in the industry. It was then that the Society of State Filers was born. In 1998, the membership voted to change the organization's name to Association of Insurance Compliance Professionals (AICP). This name change marks the acknowledgment of the growth and diverse membership of the organization. With 9 Association Chapters supplementing the work of the national organization, there are currently over 1,300 members comprised of personnel from property, casualty, life and health insurers, regulatory agencies, consultants and other specialty operations. AICP has earned a reputation for some of the best educational programming available to novice and experienced compliance individuals. This reputation has generated interest from people who are eager to broaden their expertise in insurance compliance. Designations Offered ACP Associate Compliance Professional CCP Certified Compliance Professional Contact Information Association of Insurance Compliance Professionals 11250 Roger Bacon Drive, Suite 8 Reston, VA 20190-5202 Phone: (703) 234-4074 Fax: (703) 435-4390 Email:
[email protected] Website: www.aicp.net
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Board of Certified Safety Professionals (BCSP) Overview The Board of Certified Safety Professionals, established in 1969, was organized as a peer certification board with the purpose of certifying practitioners in the safety profession. The specific functions of the board are to evaluate academic and professional experience qualifications of safety professionals, to administer examinations, and to issue certificates to those professionals who meet the Board's criteria. Its certifications are nationally accredited by the National Commission for Certifying Agencies. Designations Offered ASP Associate Safety Professional GSP Graduate Safety Practitioner CSP Certified Safety Professional Membership Organizations ASSE American Society of Safety Engineers AIHA American Industrial Hygiene Association SSS System Safety Society SFPE Society of Fire Protection Engineers NSC National Safety Council IIE Institute of Industrial Engineers Contact Information BCSP 208 Burwash Avenue Savoy, IL 61874 Phone: (217) 359-9263 Fax: (217) 359-0055 Email:
[email protected] Website: www.bcsp.org
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Casualty Actuarial Society Overview The Casualty Actuarial Society was organized in 1914 as the Casualty Actuarial and Statistical Society of America, and adopted its present name in 1921. The Casualty Actuarial Society is a professional organization whose purposes are to advance the body of knowledge of actuarial science applied to property, casualty and similar risk exposures, to establish and maintain standards of qualification for membership, to promote and maintain high standards of conduct and competence for the members, and to increase the awareness of actuarial science. Designations Offered ACAS Associate, Casualty Actuarial Society FCAS Fellow, Casualty Actuarial Society Contact Information CAS 4350 North Fairfax Drive, Suite 250 Arlington, VA 22203 Phone: (703) 276-3100 Fax: (703) 276-3108 Website: www.casact.org
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Certified Financial Planner Board of Standards, Inc. Overview Certified Financial Planner Board of Standards, Inc. (CFP Board) a professional regulatory organization, fosters professional standards in personal financial planning so that the public values, has access to and benefits from competent financial planning. Founded in 1985, CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements. CFP Board certifies individuals who meet its requirements to use the CFP® marks. As of May of 2007, there are more than 55,000 CFP® certificants in the United States. Certifications Offered CERTIFIED FINANCIAL PLANNER™ Certification Contact Information Certified Financial Planner Board of Standards, Inc. 1670 Broadway, Suite 600 Denver, CO 80202-4809 Phone: (303) 830-7500 Fax: (303) 860-7388 Website: www.cfp.net
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Certified Professional Insurance Agents Society Overview Founded in 1968 as The Firemark Society (FMS), the CPIA Society is the preeminent national organization dedicated to providing sales training, networking, and marketing innovation to property and casualty insurance professionals. Membership is open to any individual engaged in sales and marketing in the property and casualty insurance business. The CPIA Society was the first organization to honor property and casualty agents for sales excellence and to establish the industry’s only sales-based insurance designation…Certified Professional Insurance Agent (CPIA). Designation Offered CPIA Certified Professional Insurance Agent Contact Information CPIA Society P.O. Box 35718 Richmond, VA 23235 Phone: (804) 674-6466 Fax: (804) 276-1300 Website: www.cpia.com
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CFA Institute Overview CFA Institute is the global, non-profit professional association that administers the Chartered Financial Analyst® (CFA®) curriculum and examination program worldwide, publishes research, conducts professional-development programs, and sets voluntary, ethics based professional and performance reporting standards for the investment industry. CFA Institute has more than 86,000 members in 131 countries and territories, including more than 75,000 CFA charterholders, as well as 134 affiliated professional societies in 55 countries and territories. CFA Institute is headquartered in Charlottesville, VA, USA, with regional headquarters in London, Hong Kong, and New York. Designations Offered CFA Chartered Financial Analyst CIPM Certificate in Investment Performance Measurement Contact Information CFA Institute 560 Ray C. Hunt Drive P.O. Box 3668 Charlottesville, VA 22903-0668 Phone: (800) 247-8132 Fax: (434) 951-5262 E-mail:
[email protected] Website: www.cfainstitute.org
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The Chartered Insurance Institute Overview: The Chartered Insurance Institute is dedicated to promoting quality and integrity throughout the insurance world. Its educational programs take a step-up approach to insurance and financial services qualifications by offering a variety of course types and levels to the insurance professional. Designations Offered ACII Associateship/Advanced Diploma in Insurance Cert CII Certificate in Insurance Cert PFS Certificate in Financial Planning Dip CII Certificate of Insurance Practice/Diploma in Insurance Dip PFS Diploma in Financial Planning FAIQ (CII) Financial Advisers International Qualification FCII Fellowship Contact Information The Chartered Insurance Institute 20 Aldermanbury London, England EC2V 7HY Phone: +44 (0)20 7417 4415/6 Email:
[email protected] Website: www.cii.co.uk
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Chartered Insurance Professionals’ Society (CIP Society) Overview The Insurance Institute of Canada has created a new division called the Chartered Insurance Professionals’ (CIP) Society tasked with providing services to graduates of its programs. The CIP Society has established two new designations. The CIP designation is intended to be used by Associates of The Insurance Institute of Canada (AIIC) and the FCIP will be used by the Fellows of The Insurance of Canada (FIIC). Designations Offered CIP Chartered Insurance Professional FCIP Fellow, Chartered Insurance Professional Contact Information IIC 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Canada Phone: (416) 362-8586 Website: www.iic-iac.org
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College for Financial Planning Overview The College for Financial Planning is known nationally and internationally as the creator of this country’s first financial planning educational program as well as the CFP designation. We offer a variety of educational programs to serve every stage of your career. You can choose from comprehensive programs like the Certified Financial PlannerTM Professional Education Program and the Chartered Financial Analyst Designation Education Program, or from specialized designation programs in asset management, retirement, or mutual funds. Ensure your continuing education success by choosing from our wide array of courses, in a variety of media and formats including paper and audiocassette tape products and over 95 online offerings. Programs Offered AAMS Accredited Asset Management SpecialistSM Program AWMA Accredited Wealth Manger Advisor CFA Chartered Financial Analyst Designation Program CFP Certified Financial PlannerTM Professional Education Program CMFC Chartered Mutual Funds CounselorSM Program CRPC Chartered Retirement Planning CounselorSM Program CRPS Chartered Retirement Plans SpecialistSM Program Master of Science Degree Program RP Registered ParaplannerSM Program Contact Information College for Financial Planning Administrative Offices 8000 E. Maplewood Ave. Suite 200 Greenwood Village, CO 80111 Phone: (800) 237-9990 E-mail:
[email protected] Website: http://www.cffp.edu
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Conference of Consulting Actuaries Overview: Founded in 1950 as the Conference of Actuaries in Public Practice, today the Conference of Consulting Actuaries has over 1,200 members in the United States and Canada providing services in the life, health, casualty and pension fields. The Conference's mission is to advance the practice of actuarial consulting by serving the professional needs of consulting actuaries and by promoting member's views within the profession. In October of 1991, the membership of the Conference voted to change its name to the Conference of Consulting Actuaries (Conference). This inserts into the title of the organization the word that best describes what Conference members provide: Consulting. Designations: ACA Associate of the Conference of Consulting Actuaries FCA Fellow of the Conference of Consulting Actuaries Contact Information: Conference of Consulting Actuaries 3380 Salem Lake Drive, Suite H Long Grove, IL 60047 Phone: (847) 719-6500 Fax: (847) 719-6506 E-mail:
[email protected] Website: www.ccactuaries.org
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Corporation for Long-Term Care Certification Overview: The Corporation for Long-Term Care Certification, Inc. (CLTCC) has created the long-term care insurance industry's only third party professional designation, "Certified in Long-Term Care" (CLTC). The quality of the program is evidenced in the granting of continuing education credits by all states. Designations: CLTC Certified in Long-Term Care Contact Information: CLTCC 188 Needham Street, Suite 230 Newton, MA 02464 Phone: (877) 771-CLTC (2582) E-mail:
[email protected] Website: www.ltc-cltc.com
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Council on Certification of Health, Environmental and Safety Technologists (CCHEST) Overview The Council on Certification of Health, Environmental and Safety Technologists (CCHEST), formerly the ABIH/BCSP Joint Committee, operates certification programs for safety and health practitioners at the technologist/technician level. Since 1985, the organization has operated as a joint venture of the American Board of Industrial Hygienists and the Board of Certified Safety Professionals. Its three certifications, including the OHST (Occupational Health and Safety Technologist), CHST (Construction Health and Safety Technician) and STS-Construction (Safety Trained Supervisor in Construction), are peer certification programs nationally accredited by the Council of Engineering and Scientific Specialty Boards (CESB). Designations Offered CHST Construction Health & Safety Technician (not listed) OHST Occupational Health & Safety Technologist STS Safety Trained Supervisor in Construction (not listed) Contact Information CCHEST 208 Burwash Avenue Savoy, IL 61874-9571 Phone: (217) 359-2686 Fax: (217) 359-0055 Email:
[email protected] Website: www.cchest.org
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GAMA International Overview GAMA International is a conference of the National Association of Insurance and Financial Advisors (NAIFA), which previously was known as the National Association of Life Underwriters (NALU). GAMA International was founded in the 1930s as a standing committee of NALU to represent field-management interests. Today, GAMA International is a worldwide professional association serving more than 5,500 field distribution leaders in the life insurance and financial services industry. The association provides a wide variety of education and training programs, including an annual conference, publications, seminars, teleconferences, and other resources to facilitate the sharing of ideas and techniques on recruiting, selecting, training and supervising financial sales professionals. Designation Offered Gama international does not accredit designations, simply offer credits toward designations through other organizations. Contact Information GAMA International 2901 Telestar Court, Suite 140 Falls Church, VA 22042-1205 Phone: (800) 345-2687 Fax: (703) 770-8182 Websites: www.gamaweb.com and www.gamaresources.com
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Global Risk Management Institute, Inc. Overview The Global Risk Management Institute, Inc. (GRMI) is an institute that issues the CRM and is an alumni association of individuals who hold the Canadian Risk Management (CRM), Fellow in Risk Management (FRM) or RIMS Fellow (RF) designations. Designation Offered CRM Canadian Risk Management Contact Information Global Risk Management Institute, Inc. 1065 Avenue of the Americas 13th Floor New York, NY 10018 Phone:(212)286-9292 Website: www.rims.org
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Independent Insurance Agents & Brokers of America Overview The Independent Insurance Agents & Brokers of America, founded in 1896, is the nation's largest and oldest independent agent association. IIABA's primary educational role is to support state associations in their educational efforts. The IIABA has developed the ACSR designation to promote and recognize the professionalism of customer service personnel in the insurance industry. Designations Offered ACSR Accredited Customer Service Representative AIP Associate in Insurance Production AFSR Accredited Financial Services Representative AIAM Associate in Insurance Account Management Contact Information Independent Insurance Agents & Brokers of America (IIABA) 127 South Peyton Street Alexandria, VA 22314 Phone: (800) 221-7917 Fax: (703) 683-7556 Website: www.independentagent.com Virtual University: http://vu.iiaa.net
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Institute of Business Finance Overview: Nineteen years ago, the Institute of Business & Finance launched its first certification program, CFS (Certified Fund Specialist). The Institute of Business & Finance (IBF) was founded by a small group of registered representatives and financial planners. These practitioners were disenchanted with the materials, politics, and direction of the other schools offering designations to the financial services community. Over 15,000 members of the financial services industry have gone through one or more IBF programs, including several dozen Fortune 500 companies. The flagship designation, CFS, is the 4th oldest designation in the financial services industry. The CFS program is the oldest mutual fund designation in the country. CAS (Certified Annuity Specialist) is the only fixed-rate and variable annuity designation. Today, IBF personnel are dedicated to continually making the content of each program better, servicing the needs of several thousand students and graduates, as well as increasing the awareness of IBF designations to brokers, insurance agents, accountants, financial planners, investment advisors, bankers, and the general public. Designations: BCE CAS CFS CTS RIS
Board Certified in Estate Planning Certified Annuity Specialist Certified Fund Specialist Certified Tax Specialist Retirement Income Specialist
Contact Information: Institute of Business Finance 7911 Herschel Avenue, Suite 201 La Jolla, California 92037 Phone: (800) 848-2029 E-mail:
[email protected] Website: www.icfs.com
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Insurance Brokers Association of Canada Overview The Insurance Brokers Association of Canada, organized in 1921, is the national trade organization that brings together and represents the 11 regional and provincial associations of Property and Casualty (P&C) insurance brokers in Canada. IBAC's mission is to foster an environment that preserves and promotes the independent insurance brokerage profession through development courses and other services, and to underscore the insurance broker's obligation to the insurance consumer. Designations Offered CAIB Canadian Accredited Insurance Broker CCIB Canadian Certified Insurance Broker CPIB Canadian Professional Insurance Broker Contact Information IBAC 155 University Avenue, Suite 1230 Toronto, Ontario M5H 3B7 Canada Phone: (416) 367-1831 Fax: (416) 367-3687 Website: www.ibac.ca
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Insurance Data Management Association Overview The Insurance Data Management Association, Inc. (IDMA) is an independent, non-profit professional association that provides education seminars and forums and a formal certification curriculum for individuals who want to further their career with training in data management – including insurance statistical data, financial data, data administration, systems and project management, data processing and data quality. IDMA was created in 1984, in response to the need for a professional organization of data managers. In 1987, the first IDMA-designed course was offered. Designations Offered AIDM Associate Insurance Data manager CIDM Certified Insurance Data Manager Contact Information: Farouk N. Yassine, AIDM 545 Washington Boulevard, 22-16 Jersey City, New Jersey 07310-1686 Phone: (201) 469-3069 Fax: (201) 748-1690 Email:
[email protected] Website: www.idma.org
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Insurance Educational Association (IEA) Overview The Insurance Educational Association creates and provides the highest quality professional development and continuing education products and services in insurance, risk management, health care and financial services. IEA focuses on providing education to individuals having a need for specific knowledge and skills to carry out their professional job responsibilities with the highest level of technical competence. A unique and integral part of the Western insurance community since 1876, today IEA serves over 15,000 students annually with prelicensing classes, semester class offerings, self study products and workshops. IEA offers professional education ranging from introductory training to advanced technical courses. Designations Offered ARPM Associate in Risk Pool Management CCMP Certified Case Management Professional CPDM Certified Professional Disability Management ERMP Enterprise Risk Management Professional WCCP Workers’ Compensation Claims Professional Contact Information: Insurance Educational Association 2670 North Main Street, Suite 350 Santa Ana, CA 92705 Phone: (800) 655-4432, or (714) 689-0090 Fax: (714) 689-0112 E-mail:
[email protected] Website: www.ieatraining.com
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Insurance Institute of America Please refer to page 231, American Institute for CPCU/IIA
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Insurance Institute of Canada Overview The insurance institutes in Canada are the education arm of the property/casualty insurance industry in Canada. The first local institute was established in 1899 and others followed in later years. In 1952 existing local institutes formed The Insurance Institute of Canada to establish a national standard of insurance education and examinations. Today, local institutes deliver the national education programs through evening classes and supplement them with a variety of topical seminars. (See also CIP Society/Chartered Insurance Professionals’ Society.) Designations Offered ACS Associate Customer Service (LOMA) CIP Chartered Insurance Professional FCIP Fellow, Chartered Insurance Professional Contact Information Mr. Peter G. Hohman, M.B.A., B. Sc., FCIP, C.A.E., President and CEO Carey-Ann Greenham MBA, BA (Hons) Director, Business Development IIC 18 King Street East, 6th floor Toronto, Ontario M5C 1C4 Phone: (416) 362-8586 Fax: (416) 362-1126 Website: www.iic-iac.org
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Insurance Regulatory Examiners Society Overview IRES works to enhance the efforts of state regulators by ensuring professionalism and integrity among the men and women who serve with state or federal insurance regulatory bodies. State insurance departments, as well as the National Association of Insurance Commissioners, formally recognize the two professional designations developed and awarded by the Insurance Regulatory Examiners Society – AIE and CIE. This program demonstrates the Society's belief that insurance regulators, like other professionals, must continually commit themselves to education and training in order to keep them abreast of the complex issues with which they deal every day. IRES membership is open to anyone who works for or contracts with a state or federal agency that is involved in insurance regulation, including investigators, policy analysts, market conduct examiners, rate analysts, financial examiners, actuaries, attorneys and other professionals. Other individuals or organizations interested in the Society's goals may join as sustaining members. Designations Offered AIE Accredited Insurance Examiner CIE Certified Insurance Examiner Contact Information Insurance Regulatory Examiners Society 12710 S. Pflumm Road, Suite 200 Olathe, Kansas 66062 Phone: (913) 768-4700 Fax: (913) 768-4900 Email:
[email protected] Website: www.go-ires.org
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International Claim Association Overview The International Claim Association (ICA) is an association of over 365 life and health insurance companies, Blue Cross and Blue Shield organizations, HMOs, PPOs, and TPAs worldwide. Its purpose is to promote efficiency, effectiveness, and high standards of performance in claim administration within member companies by devising and effectuating measures for the benefit of policyholders and beneficiaries in matters relating to claims, and by providing a forum for research, education, and the exchange of ideas relating to various aspects of claim administration. Designations Offered ALHC Associate, Life & Health claims FLHC Fellow, Life & Health Claims Contact Information ICA Office of the Registrar 1155 15th Street, NW Suite 500 Washington, DC 20005 Phone: (202) 452-0143 Fax: (202) 530-0659 Email:
[email protected] Website: www.claim.org
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International Foundation of Employee Benefit Plans The International Foundation is the foremost educational association in the employee benefits field. Since 1954, the International Foundation has grown to include a membership base of over 35,000 individuals representing more than 8,300 trust funds, public employee groups, corporations and professional advisory firms throughout the United States and Canada. The International Foundation offers more than 100 educational programs each year, an information center, an extensive Website, books and periodicals, research surveys and an online benefits database. Since 1976, the International Foundation has partnered with the Wharton School of the University of Pennsylvania to offer the highly-regarded Certified Employee Benefit Specialist (CEBS) program. CEBS also offers individuals the opportunity to earn three specialty designations that focus on specific areas of total compensation. Designations Offered CEBS Certified Employee Benefit Specialist CMS Compensation Management Specialist GBA Group Benefit Associate RPA Retirement Plans Associate Note: US & Canada Requirements differ for each designation. Contact Information International Foundation CEBS Program 18700 W. Bluemound Rd. PO Box 1270 Brookfield, WI 53008-1270 Phone: (800) 449-2327 option 3 Fax: (262) 786-8650 E-mail:
[email protected] Website: www.cebs.org
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Investment Management Consultants Association Overview: Our organization keeps members in touch with developments in investment strategies, legal and regulatory issues, economic news, and marketing techniques. This added knowledge gives our members a professional edge, helping them build their business and increase their client base. Our mission at IMCA is to ensure quality service to the public by developing and encouraging high standards in the investment consulting profession. As an organization, our role has been to broaden the public's understanding of investment management consulting and to promote and protect the interests of the profession. We also provide forums for ongoing education and information sharing among our members. We believe these activities build a common purpose among our members, establishing a network of support that makes us more knowledgeable professionals in our day-to-day work. Designations: CIMA Certified Investment Management Analyst Certifications: Alternative Investments Certificate Essential of Investment Consulting Certificate Introduction to Investment Consulting Certificate ISC Investment Strategist Certificate Wealth Management Certificate Program (not listed due to pending updates) Contact Information: Investment Management Consultants Association 5619 DTC Parkway, Ste. 500 Greenwood Village, CO 80111 Phone: (303) 770-3377 Fax: (303) 770-1812 Website: www.imca.org
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Katie School of Insurance & Financial Services Overview: The Katie School of Insurance and Financial Services was established in 1991 as a living memorial to Mary Katherine “Katie,” the daughter of an Illinois State University alumnus, who died at age 2 1/2. The Katie School seeks to be the premier undergraduate insurance and risk management program in the nation in the education of future insurance industry leaders. The Katie School accomplishes this through industry involvement, innovative teaching, cutting-edge applied research, and student-centered learning. The Katie School seeks to add value to the industry by providing high-quality professional education. The Katie School supports lifelong learning for students, faculty, and industry professionals. The Katie School sponsors a number of continuing industry forums, symposia, workshops, seminars, and professional development programs. In addition, the Katie School conducts research that helps provide solutions for the industry. Industry leaders, representing national and regional insurance and financial services organizations, serve on the school’s Insurance Advisory Board of Executives and provide guidance for the program. Designation: PISA Professional Insurance Sales Association Contact Information: Katie School of Insurance & Financial Services Illinois State University 432 College of Business Campus Box 5490 Normal, IL 61790-5490 Phone: (800) 697-8692 Fax: (309) 438-7753 E-mail:
[email protected] Website: www.katieschool.org
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LIMRA International Overview LIMRA International, Inc. was founded in 1916 to support and enhance the marketing functions of life insurance companies through original research, as well as products and services based on that research. Today, more than 90 years later, LIMRA is the premier marketing research organization in the financial services industry with more than 800 members worldwide- life/health insurance companies and financial services companies in over 60 countries. LIMRA’s Leadership Institute offers financial services professionals unique educational opportunities that address the changing needs of today’s business environment. The Institute confers the LLIF designation jointly with the Wharton School of the University of Pennsylvania. Designations Offered through LIMRA AFA Associate Financial Advisor CIAM Chartered Insurance Agency Manger CMFA Certified Manger of Financial Advisors LLIF LIMRA Leadership Institute Fellow MFA Master Financial Advisor PFA Professional Financial Advisor Contact Information LIMRA International 300 Day Hill Road Windsor, CT 06095 Phone: (860) 285-7789 Fax: (860) 285-7792 Website: www.limra.com
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Life Office Management Association Overview Established in 1924, LOMA is an international association through which more than 1,200 insurance and financial services companies from over 70 countries engage in research and educational activities to improve company operations. Designations Offered AAPA Associate, Annuity Products & Administration ACS Associate Customer Service AIAA Associate, Insurance Agency Administration AIAF Associate in Insurance Accounting & Finance AIRC Associate, Insurance Regulatory Compliance ARA Associate, Reinsurance Administration FLMI Fellow, Life Management Institute PCS Professional Customer Service program AFSI Associate, Financial Services Institute ALMI Associate, Life Management Institute FFSI Fellow, Financial Service Institute All of the courses required to earn LOMA designations are self-study, examination-based courses. Contact Information LOMA 2300 Windy Ridge Parkway, Suite 600 Atlanta, GA 30339-8443 Phone: (770) 984-3761 -OR- 1-800-ASK-LOMA (Select Option 1) Fax: (770) 984-6415 Email:
[email protected] Website: www.loma.org
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The National Alliance for Insurance Education & Research Overview An insurance and risk management education provider and innovator since 1969, The National Alliance directs and conducts a wide selection of institutes, seminars, and courses for industry professionals working at all levels, in all capacities, across the 50 states, Caribbean, and Mexico. These continuing education opportunities, developed and taught exclusively by insurance and risk management professionals, meet or exceed the standards and requirements of most states’ continuing education laws. National Alliance designation programs include intermediate and advanced technical courses, covering policies and procedures for both personal and commercial lines. A challenging series of risk management courses offers another advanced designation opportunity, and a five-course program was developed specifically for school risk managers. These four programs have consistently practical applications for the daily work of agency and company personnel. Designations Offered CIC Certified CISR Certified CRM Certified CSRM Certified
Insurance Counselor Insurance Service Representative Risk Manager School Risk Manager (not included)
Contact Information The National Alliance for Insurance Education & Research 3630 North Hills Drive P.O. Box 27027 Austin, TX 78755-2027 Phone: (800) 633-2165 Fax: (512) 349-6194 Website: www.scic.com
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National Association of Estate Planners & Councils Overview Formed in 1962 and incorporated in 1963 as a non-profit business league by 13 estate planning leaders from nine Councils, NAEPC is rapidly growing to maturity. Though numerous objectives have been pursued over the years the abiding conviction is that the team approach to estate planning is essential to the creation of the estate plan to which each client is entitled. A primary goal of the NAEPC is to encourage specialization programs to increase recognition and acceptance of estate planning as a specialty. NAEPC has two separate and distinct specialization programs: NAEPC serves to assist its Affiliated Local Estate Planning Councils, their members and the Individual/AtLarge NAEPC membership by providing a forum to maintain and strengthen: • Their cutting-edge awareness of the continually changing and expanding opportunities. • Communication and development of a common language between the five disciplines. • A unified point-of-approach. Designations: AEP Accredited Estate Planner EPLS Estate Planning Law Specialist Contact Information: National Association of Estate Planners & Councils 1120 Chester Avenue, Suite 470 Cleveland, OH 44114 Phone: (866) 226-2224 Fax: (216) 696-2582 E-Mail:
[email protected] Website: www.naepc.org
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National Association of Financial and Estate Planning Overview: NAFEP is a privately held, for profit organization based in Salt Lake City, Utah. The company was formally launched on April 15, 1993. NAFEP has developed an array of both standard and sophisticated estate planning services which sales associates and CEAs (members) provide to their clients NAFEP is dedicated exclusively to developing and implementing the most thorough, professional, accurate and creative estate planning programs in the nation. NAFEP attorneys work directly on each client’s estate planning. Over the years this organization has devoted substantial resources and expertise to research and development, exclusively in estate planning. NAFEP does not have to split time working in other areas of the law. Designations: CEA Certified Estate Advisor Contact Information: 525 East 4500 Sough, No. F100 Salt Lake City, Utah 84107 Phone: (801)266-9900 Fax: (801)266-1019 Website: www.nafep.com
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National Association of Insurance and Financial Advisors Description: The National Association of Insurance and Financial Advisors (NAIFA) is a national nonprofit organization representing the interests of more than 62,000 insurance and financial advisors nationwide, through its federation of over 770 state and local associations. Founded in 1890, NAIFA is the nation's largest financial services membership association. The National Association of Insurance and Financial Advisors protects and promotes the critical role of insurance in a sound financial plan and the essential role provided by our professional agents and advisors. Designations: FSS Financial Services Specialist LUTCF LUTC Fellow Contact Information: National Association of Insurance and Financial Advisors 2901 Telestar Court Falls Church, VA 22042-1205 Phone: 703-770-8100 E-mail:
[email protected] Website: www.naifa.org
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National Association of Insurance Women (International) Overview The National Association of Insurance Women (International), founded in 1940, is an association of insurance professionals dedicated to the development of leaders in the insurance industry. NAIW is the largest professional women's organization in the insurance industry with activities designed to promote development, foster networks, empower members through effective communication, and enhance responsiveness to customer needs. Designations Offered CPIW/M Certified Professional Insurance Woman/Man DAE Diversified Advanced Education Contact Information NAIW 1847 E. 15th Street Tulsa, OK 74104 Phone: (918) 744-5195 Fax: (918) 743-1968 Website: www.naiw.org
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National Foundation for CPSR Overview: The National Foundation administers the Certified Professional Service Representative designation nationwide. Designations Offered CPSR Certified Professional Service Representative Contact Information National Foundation for CPSR P.O. Box 35718 Richmond, VA 23235 Phone: (804) 276-9811 Fax: (804) 276-1300 Email:
[email protected] Website: www.NFCPSR.com Courses available online through self-study.
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The National Institute of Certified Estate Planners Description: The National Institute of Certified Estate Planners (NICEP) is an Indiana not-for-profit corporation, and a tax-exempt entity under Internal Revenue Code 501(c)(6). It is established as a supporting organization for the purpose of educating primarily financial, legal, and tax professionals in matters of Estate Planning. NICEP provides sufficient educational courses and examinations to certify those professionals that successfully complete these programs with either the Certified Estate Planner (CEP) or Master Certified Estate Planner (MCEP). Designations: CEP Certified Estate Planner MCEP Master Certified Estate Planner (not listed) Contact Information: The National Institute of Certified Estate Planners 3811 Southland Ave. Kokomo, IN 46902 Phone: (765) 453-4300 E-mail:
[email protected] Website: www.nicep.com
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National Institute of Pension Administrators Overview: The National Institute of Pension Administrators (NIPA) is a national association representing the retirement and employee benefit plan administration profession. It was founded with the idea of bringing together professional benefit administrators and other interested parties to encourage greater dialogue, cooperation, and educational opportunities. NIPA’s goal is to improve the quality and efficiency of plan administration. From its beginning in 1983, the founding concepts and specific purpose of NIPA is to educate and train plan administrators. NIPA started as an outgrowth of an eight person work study group. It is now a 800-member national organization. NIPA's educational forums include courses, workshops and seminars focusing on the various aspects of plan administration. NIPA has come a long way in a short time. The growth of the organization is a direct result of the proliferation of increasingly complex statutory mandates and the need to develop and maintain high professional standards in employee benefit plan consulting and administration services. Designations: APA Accredited Pension Administrator APR Accredited Pension Representative Contact Information: National Institute of Pension Administrators 401 N. Michigan Ave., #2200 Chicago, Illinois 60611-4267 Phone: (800) 999-NIPA (6472) Fax: (312) 245-1085 E-mail:
[email protected] Website: www.nipa.org
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The National Underwriter Company Overview: The National Underwriter Company publishes a broad array of print, e-media and software products for the insurance and financial services industries. Its key publications include the two weekly magazines, National Underwriter, Property & Casualty and National Underwriter, Life & Health, as well as the multivolume loose-leaf FC&S Bulletins service and the very popular Tax Facts desk references. The National Underwriter Company's offerings are as unique as our authoritative, expert standing within the industry. However, this quality differential does not mean “expensive!” From management of your firm's CE providership to a single training course on CD-ROM, you will find us to be extremely competitive. Our goal is to help you reach yours. Whether this includes improving retention through quality training programs, increasing sales by building expert product knowledge, or simplifying the administration of your firm's CE program, we're here to help! Designations: CLCS Commercial Lines Coverage Specialist GBDS Group Benefits Disability Specialist PLCS Personal Lines Coverage Specialist Contact Information: The National Underwriter Co. 5081 Olympic Blvd. Erlanger, KY 41018 1-866-339-4523x1
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Professional Liability Underwriting Society Overview The Professional Liability Underwriting Society was established in 1986 as a non-profit association. The mission of the Professional Liability Underwriting Society is to enhance the professionalism of our members through education and other activities and to responsibly address issues related to professional liability insurance. PLUS is the quintessential source of education and information on professional liability. Designations Offered RPLU Registered Professional Liability Underwriter Note: Will transition to new curriculum after 1/1/08 Contact Information Professional Liability Underwriting Society (PLUS) 5353 Wayzata Blvd., Suite 600 Minneapolis, MN 55416 Phone: (800) 845-0778 Fax: (952) 746-2599 E-mail:
[email protected] Website: www.plusweb.org
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RIMS - Risk and Insurance Management Society, Inc. Overview The Risk and Insurance Management Society, Inc (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a professional discipline that protects physical, financial and human resources. RIMS represents nearly 4,000 industrial, service, nonprofit, charitable, and governmental entities. The Society serves 8,000 risk management professionals around the world. The professional skills of its members span the entire spectrum of risk management, but one thing remains constant: RIMS members are committed to the continued development of risk management. Seminars, courses, and workshops are offered to members and other risk professionals on all aspects of managing risk. The RIMS Annual Conference is the premier conference in the industry. Risk Management magazine is monthly publication with articles covering the field of risk management. Designation Offered RF RIMS Fellow, Risk & Insurance Management Society Fellow Contact Information RIMS, Inc. 1065 Avenue of the Americas 13th Floor New York, NY 10018 Phone:(212)286-9292 Website: www.rims.org
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Society of Actuaries Overview The Society of Actuaries is an educational, research and professional organization dedicated to serving the public and Society members. Its mission is to advance knowledge and to enhance the ability of actuaries to provide expert advice and relevant solutions for financial, business, and societal problems involving uncertain future events. The vision of the Society of Actuaries is for actuaries to be recognized as the leading professionals in modeling and management of financial risk and contingent events. Designations Offered ASA Associate of the Society of Actuaries CERA Chartered Enterprise Risk Analyst FSA Fellow of the Society of Actuaries Contact Information Society of Actuaries 475 N. Martingale Road, Suite 600 Schaumburg, IL 60173-2226 Phone: (847) 706-3500 Fax: (847) 706-3599 Website: www.soa.org
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Securities & Insurance Licensing Association (SILA) Overview The Securities & Insurance Licensing Association (SILA) was established in October of 1990. The purpose of the organization is to bring together licensing experts whose occupations encompass all aspects of licensing. Designations Offered SILA - Associate Securities & Insurance Licensing Association Associate SILA - Fellow Securities & Insurance Licensing Association Fellow Contact Information Society of Insurance Licensing Administrators PO Box 68203 Indianapolis, IN 46268-0203 Phone: (800) 428-8329 Fax: (800) 876-SILA Email:
[email protected] Website: www.sila.org
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Society of Insurance Trainers & Educators (SITE) Overview: SITE is a membership organization of more than 750 training professionals in the insurance industry. SITE members are mostly within the property/casualty industry but we also have many training services providers. Anyone involved in training, human resources, instructional design and development, performance consulting, technical is training or continuing education should consider membership in SITE. SITE is based on members sharing information and knowledge in order to facilitate personal growth and development. SITE maintains a resource network among members. Members select their personal areas of expertise from among a variety of training categories. Members can access this resource network in order to learn from other members. Designation: ITP Insurance Training Professional Contact Information: SITE 6635 W. Happy Valley Rd., Suite A104, #444 Glendale, AZ 85310 Phone: (623) 547-6401 Fax: (623) 547-6814 Email:
[email protected] Website: www.insurancetrainers.org
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Society of Certified Senior Advisors Description: SCSA educates professionals to work more effectively with their senior clients. We believe that the right kind of planning, recommendations and referrals can make aging a state to be savored instead of a fate to be feared. For those who work with seniors, that means understanding the key health, social and financial factors that are important to seniors—and how these factors work together. Designation: CSA Certified Senior Advisor Contact Information: Society of Certified Senior Advisors 1777 S Bellaire St., Ste 230 Denver, CO 80222 Phone: (800) 653-1785 Fax: (303) 757-7677 E-mail:
[email protected] Website: www.society-csa.com
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