C122: Practical Issues in Underwriting Management

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

Practical Issues in Underwriting Management widens the focus from the underwriting of individual risks to the management of a portfolio or book of business. You will begin with studies on regulatory and other influences on the underwriting environment, then establish an organizational context with studies on company organization and the distribution network.

Practical Issues in Underwriting Management also delves into planning and budgets, the use of reinsurance, and the development of new programs and products. Then, you will learn how internal and external audits are used to measure the results of planning and development. You will close with a discussion about setting underwriting priorities, the importance of communication, and other general considerations for effective book management.

Course Note: Before you take C122: Practical Issues in Underwriting Management, we recommend that you have taken the following: C11: Principles and Practice of Insurance, C12: Insurance on Property, C13: Insurance Against Liability▬Part 1, C14: Automobile Insurance▬Part 1, C120: Underwriting Essentials, and C121: Advanced Underwriting.

Course Outline

• Regulatory influences  
• Other influences  
• Company organization
• Distribution networks and plant management  
• Organizational planning
• Reinsurance
• Program and product development  
• Internal audits
• External audits
• Book management

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.

Practical Issues in Underwriting Management 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  
C122: Practical Issues in Underwriting Management (Wednesday) St. John's - Online 1/16/2019 3/27/2019 6 - 9 p.m. NST Virtual


Self-Directed

Name Start Date End Date Method  
C122: Practical Issues in Underwriting Management/C122 : L'appréciation du risque : aspects pratiques de la gestion 1/1/2019 4/23/2019 Independent Study
C122: Practical Issues in Underwriting Management/C122 : L'appréciation du risque : aspects pratiques de la gestion 4/1/2019 6/30/2019 Independent Study