The objective of this unit is to develop knowledge and understanding of the fundamental principles and practices of Insurance business and finance practice. It provides an understanding of the core principles relating to insurance business and finance and will give candidates an understanding of the principles and practices of financial accounting, how this function relates to the other activities carried out in a business, and how specific aspects impact on insurance companies.
This course is ideal for those looking to gain knowledge and understanding of insurance business and finance to build a successful career in the insurance profession or in a support role.
English
65 % Degree
60 Minutes
CII
1. Understand the structure of the insurance industry: 5 questions
2. Understand the management of insurance businesses: 3 questions
3. Understand the main aspects of corporate governance: 3 questions
4. Understand the role of the various functions within insurance organizations: 1 question
5. Understand accounting principles and practices and their application: 6 questions
6. Understand accounting standards and insurance company accounts: 2 questions
7. Analyze businesses using financial ratios: 2 questions
8. Understand the financial strength of insurance companies: 3 questions
9. Plus 25 case study-related questions from learning outcomes 1 to 8
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You may be eligible to claim exemptions for relevant exams and qualifications obtained through other professional bodies or universities. Subject to the published qualification completion requirements these can be used to help you achieve CII qualifications more quickly.
For details on getting your documentation certified as a true copy of the original, please visit the guidance page of the Chartered Insurance Institute (CII).
For further information and to ensure you fully understand how your credits may be added up please contact CII customer service team at customer.serv@cii.co.uk
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