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ALMI LOMA 301 – Insurance Administrative

Awarding body

Information Systems Audit and Control Association (ISACA).

Specialization

Information Technology (IT)

This program is about:

Providing a detailed discussion of the activities of insurance administration for individual and group life coverages, focusing on underwriting, reinsurance, claims, and customer service.

At the end of the program, you will be able to:

  1. Understand the Overview of Insurance Administration.
  2. Understand the New Business Processing and Underwriting Principles.
  3. Understand the Legal Aspects of Underwriting.
  4. Understand the Underwriting.
  5. Understand the Claim Administration.
  6. Understand the Reinsurance.
  7. Understand the Customer Service.

The program provide you with:

  1. Overview of insurance administration.
  2. New business process and underwriting principles.
  3. Legal aspects of underwriting.
  4. Underwriting individual life insurance: assessing mortality Risk and financial.
  5. Underwriting and risk clarification.
  6. Niche policies, business life Insurance, replacements and supplemental benefits.
  7. Underwriting group life insurance.
  8. Overview of claim administration.
  9. Administering life insurance claims.
  10. Reinsurance overview.
  11. Effective customer service and practices.

The program is suitable for:

  • Profession level: All employees who are working in insurance, banking, and other financial services.
  • Education level: students and or recent Diploma or BA degree graduates in business, economics, management, and related fields of science and preferably with some work experience.

Awarding body:

Life Office Management Association (LOMA)

Specialization:

Insurance

Type of certificate:

Achievement

Assessment:

Online Exam

Career progression:

It leads to higher career levels: Associate Life Management Institute (ALMI) and Fellow Life Management Institute (FLMI).

Venue:

Enma Institue

Tamkeen support scheme:

Professional Scheme

Learner Obligations:

Compliance to program rules & regulations set by the institute and awarding body.

Curriculum

  • Overview Of Insurance Administration.
  • New Business Process And Underwriting Principles.
  • Legal Aspects Of Underwriting.
  • Underwriting Individual Life Insurance: Assessing Mortality Risk And Financial.
  • Underwriting And Risk Clarification.
  • Niche Policies, Business Life Insurance, Replacements And Supplemental Benefits.
  • Underwriting Group Life Insurance.
  • Overview Of Claim Administration.
  • Administering Life Insurance Claims.
  • Reinsurance Overview.
  • Effective Customer Service And Practices.
Duration

30 hours

Effort

2-5 hours/week

Institution

LOMA

Subject:

ALMI LOMA 301 – Insurance Administrative

 Quizzes:

Yes

  Language:

English

  Certificate:

Yes

Program Cost

900 BD

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