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The Associate, Life Management Institute (ALMI) awarded by Life Office Management Association (LOMA) is a global professional qualification that focuses on knowledge and skills relevant to the insurance industry and the financial services sector, in addition to being a standard of excellence in preparing industry experts. Insurance Company Operations- LOMA 307 is one of the subjects required for obtaining the fellowship. It covers several topics including how life insurance companies operate, how they are organized, how they are managed, and the roles of functional and support units in developing, distributing, issuing, and administering life insurance and annuity products.
The Associate, Life Management Institute (ALMI) awarded by Life Office Management Association (LOMA) is a global professional qualification that focuses on knowledge and skills relevant to the insurance industry and the financial services sector, in addition to being a standard of excellence in preparing industry experts. Insurance Company Operations- LOMA 307 is one of the subjects required for obtaining the fellowship. It covers several topics including how life insurance companies operate, how they are organized, how they are managed, and the roles of functional and support units in developing, distributing, issuing, and administering life insurance and annuity products.
Insurance
Actuary
Claims +4
Actuary
Claims
Customer Care
Product Development
Risk Management
Underwriting
Operations
Not Exist
Lecture
Case Studies
Pre Exam
Post Exam +1
Pre Exam
Post Exam
Simulation Test for professional exam
Actuary
Claims +4
Actuary
Claims
Customer Care
Product Development
Risk Management
Underwriting
Purchase Program
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In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
In Class Training-Online Training
Describe how life insurance companies operate, organized and manage in today’s global environment, and the roles specific functional and support units play in developing, distributing, issuing, and administering life insurance and annuity product
Explain traditional ways that insurers organize operations.
Describe types of customer-related confidential information and how insurance company employees should handle such information to comply with privacy and confidentiality requirements, as well as ethics and regulatory guidelines.
Understand the differences between legal functions and compliance functions.
Describe how human resources (HR) are organized and their primary responsibilities, notably planning and staffing, training, performance evaluation standards, and oversight of compensation and benefits programs.
Identify the main elements in information management, including database management systems.
Describe how business intelligence and business analytics are used in insurance companies.
Describe common risks life insurance companies face and the risk management techniques deployed.
