ADVANCED APPLIED INSURANCE STUDIES (AAIS) DIPLOMA. October 2013 July 2014

Transcription

1 MALTA INTERNATIONAL TRAINING CENTRE ADVANCED APPLIED INSURANCE STUDIES (AAIS) DIPLOMA Evening Tuition 90 CII Credits October 2013 July 2014 TG Complex, Suite 3, Level 1, Brewery Street Mriehel BKR 3000 Tel: (00356) , Fax: (00356) Website:

2 Objectives To provide participants with enhanced understanding of insurance practice, both in terms of technical subject matter and overall managmenet skills. To assist students in attaining the ACII qualification. Intended Participants This programme is suitable for those who require a comprehensive understanding of market knowledge and who wish to pursue a career through the attainment of qualifications in insurance. It is ideal for today s insurance managers and technical specialists and staff with aspirations to become managers in the future. It is also ideal for those who wish to demonstrate their professional standing. Entry Requirements There are no entry requirements to participate in this programme. Nevertheless, MITC strongly advices that students should ideally have acquired a proven academic aptitude (having as a minimum attained passes at O Level standard in Maltese, English, Maths, Accounts and Economics) prior to embarking on specialist insurance studies. Potential Job Opportunities Technical /Professional jobs within the Insurance Industry. Accreditation Attainment of the MITC Advanced Applied Insurance Studies Diploma (AAIS) entitles the successful candidate to claim 90 CII credits from the Advanced Diploma Level (ACII) of the Chartered Insurance Institute. CII credits are subject to change and recognition of prior learning awards are made at the CII s discretion. Level within the National and European Qualifications Framework The Malta Qualifications Council deems this CPD Award of 30 credits to be at Level 5 on the Malta Qualifications Framework (MQF) and on the European Qualifications Framework (EQF) for Lifelong Learning. Duration 2 hours per lecture. A further 120 hours of self study per module is required. Organisers

3 Course Venue, TG Complex, Suite 3 Level 1, Brewery Street, Mriehel BKR3000 Programme Successful completion of the AAIS programme involves attaining a pass in any 3 of the following modules. Lectures are held between 1730 and 1930hrs. Code Module Dates (8 sessions per module) Module 8 Insurance Broking Every Mon: 28 Oct 16 Dec 2013 Module 9 Risk Management Every Tues: 29 Oct 17 Dec 2013 Module 10 Marketing Every Thurs: 31 Oct 19 Dec 2013 Module 6 Underwriting Management Every Mon: 05 May 23 Jun 2014 Module 7 Claims Management Every Tues: 06 May 24 Jun 2014 ASSUMED KNOWLEDGE Assumed knowledge may not appear in detail within the learning outcomes but forms part of the syllabus and may be examined. Underwriting Management It is assumed that the candidate already has the knowledge of the provisions of Financial Services Authority regulation as covered in IF1 Insurance, legal and regulatory, P80 Underwriting practice and P92 Business and Finance. Claims Management It is assumed that the candidate already has the knowledge gained from a study of the relevant sections of IF1 Insurance, legal and regulatory and P85 Claims practice. Insurance Broking It is assumed that the candidate already has the knowledge gained from a study of the relevant sections of IF1 Insurance, legal and regulatory, P05 Insurance law and P81 Insurance broking practice.

4 REVISION SESSIONS: 2(2 hrs) sessions per module Dates as follows: Insurance Broking Module 8 Mon 06 Jan 2014 & Mon 13 Jan 2014 Risk Management Module 9 Tues 07 Jan 2014 & Tues 14 Jan 2014 Marketing Module 10 Thurs 09 Jan 2014 & Thus 16 Jan 2014 Underwriting Management Module 6 Mon 07 Jul 2014 & Mon 14 Jul 2014 Claims Management Module 7 Tues 08 Jul 2014 & Tues 15 Jul 2014 EXAMINATION DATES Examinations will be held between hrs Dates as follows: Insurance Broking Module 8 Monday 20 January 2014 Risk Management Module 9 Tuesday 21 January 2014 Marketing Module 10 Thursday 23 January 2014 Underwriting Management Module 6 Monday 21 July 2014 Claims Management Module 7 Tuesday 22 July 2014 DISPATCH OF EXAMINATION RESULTS Dates as follows: Insurance Broking Module 8 Risk Management Module 9 Marketing Module 10 Underwriting Management Module 6 Claims Management Module 7 27 th February th August 2014

5 Module Syllabii Underwriting Management module 6 The Environment Management of Exposures Structure Underwriting Policy and Practice Implementation of Operational Control Pricing Budgeting and Monitoring Results Claims Management module 7 The claims environment Claims management in practice Claims service management Cost management Claims technical management Quality management Insurance Broking module 8 The intermediary Market Regulation & Legislation Marketing Role of Insurance Broker Errors and Omissions Risk Management - module 9 The context of Risk Management Risk Control Identification of Risk Retained Risk Assessment and analysis of risk Transferring Risk Prioritisation of Risk Monitoring & review Marketing- module 10 The role of marketing Communication Theory of marketing Distribution and service delivery Developing a marketing strategy Marketing data Marketing programme administration Branding Key issue in international marketing

6 Fee CII Credits Module Code Fee per participant 90 CII Credits Full AAIS Diploma 2, CII credits per module Module per module The Course fee for the AAIS Diploma students includes: 8 (2hrs) lectures plus 2 (2hrs) revision sessions per module. Use of MITC facilities (including a fully equipped library and internet points) Books, notes and/or educational material (including CII course book per module) and intranet access. NB: Accreditation fees payable to the CII are NOT included (refer to CII website for more information) Payment may be effected by: Bank transfer (account number ) at HSBC Malta, Hamrun Draft/Cheque payable to or Cash payment NB: Payment is to be received 15 days prior to commencement of the programme. Discounts and Cancellation Policy Companies effecting group bookings (four or more participants) are entitled to apply for a 10% corporate discount. A 25% cancellation fee is applicable for cancellations received within 15 days of the start of the programme. Terms of Payment In full upon registration unless otherwise agreed with MITC.

7 Advanced Applied Insurance Studies Diploma Application Form Participant Details Name: Address: Mobile No.: Date of Birth: Sponsor Details Company Name: Company Address: Tel. No.: Fax No.: Tick where applicable: Fees: Full AAIS Dip.: 3 Technical Modules(incl. tuition, course book and exam) select the three technical modules Module 6: Underwriting Management Module 9: Risk Management Module 7: Claims Management Module 10: Marketing Module 8: Insurance Broking Individual Modules: (including tuition, course book/s & exam/s) Enter Module/s code: 2,000 per participant 680 per module per participant Important deadlines Apply by: 01 October 2013 Intake Date: Oct 2013 or May 2014 (depending on modules chosen) Examination Dates: Modules 8,9,10: Jan 2014 Modules 6,7: Jul 2014 Please tick the box if you do NOT wish to be included in our database which is used solely for marketing purposes. Signature: Date: