C121: Advanced Underwriting

Please note that the final examination for this course is a computer-based exam.

Advanced Underwriting is addressed to underwriters with some experience. It continues and expands the discussion begun inC120: Underwriting Essentials.

You will review the nature of an underwriter’s work and the types of knowledge, skill and temperament an underwriter needs. Advanced Underwriting examines how these characteristics must be broadened and deepened to analyze the needs and loss experience of larger, more complex risks.

You will be exposed to some more unusual or specialized lines of insurance. You will consider the broader perspective a more experienced underwriter needs in dealing with the legal and regulatory environment, manuscript wordings, alternative risk transfer, reinsurance and international risks.

Course Note: Before you take C121: Advanced Underwriting, we recommend that you have taken the following courses:C11: Principles and Practice of Insurance, C12: Insurance on Property, C13: Insurance Against Liability—Part 1, C14: Automobile Insurance—Part 1 andC120: Underwriting Essentials.

Course Outline

  • Underwriting Tools and Needs Analysis
  • Loss Analysis and Rating
  • Lines of Insurance: Property-Related
  • Lines of Insurance: Liability-Related
  • Technology and Underwriting
  • Climate Change and Underwriting
  • Financial Evaluation Skills
  • Alternative Risk Financing
  • International Business
  • Retention and Reinsurance

Who Should Register

All insurance courses offered by The Insurance Institute are designed for individuals who want to attain a highly recognized and respected professional designation in the p&c industry. The professional designation Chartered Insurance Professional (CIP) is recognized across Canada and elsewhere around the world as the benchmark of insurance professionalism.

Advanced Underwriting is for industry professionals, including brokers and agents, underwriters and adjusters, who want a comprehensive p&c education and the skills and knowledge required to advance their careers.

 

Course Offerings

The following are the courses, by methodology, that are being offered by the institute.

Instructor Led

Name Location Start Date End Date Class Time Delivery Method  
C121: Advanced Underwriting (Wednesdays) Online - Calgary 1/24/2024 3/27/2024 6:00 - 9:00 pm MT Virtual


Self-Directed

Name Start Date End Date Method  
C121: Advanced Underwriting/C121 : L'appréciation du risque : notions avancées 1/1/2024 3/31/2024 Independent Study
C121: Advanced Underwriting/C121 : L'appréciation du risque : notions avancées 4/1/2024 6/30/2024 Independent Study