Course Information

The Advanced Diploma in Insurance is a professional qualification providing an enhanced understanding of insurance practice, both technical subject matter and overall application skills.

Completion Requirements

To complete the Advanced Diploma you must obtain a minimum of 290 CII credits, with at least 205 CII credits at Diploma level or above, including at least 150 CII credits at Advanced Diploma level.

Available Units

530 Economics and business
(30 Advanced Diploma credits)
This unit provides knowledge of economic, ethical, operational and financial frameworks applicable to UK companies.

590 Principles of Takaful
(30 Advanced Diploma credits)
The objective of this unit is to give you the opportunity to capitalise on the business and career opportunities presented by Takaful.

820 Advanced claims
(30 Advanced Diploma credits)
The objective of this unit is to develop an understanding of claims philosophies, systems, functions and the management of claims services.

930 Advanced insurance broking
(30 Advanced Diploma credits)
The objective of this unit is to provide knowledge of the issues and processes involved in insurance broking.

945 Marketing insurance products and services
(30 Advanced Diploma credits)
The objective of this unit is to provide the knowledge and understanding of marketing and marketing planning in the insurance industry.

960 Advanced underwriting
(30 Advanced Diploma credits)
This unit is about enhancing understanding of the requirements of managing overall risk exposures and arriving at appropriate pricing to ensure fair outcomes. This unit would be of benefit to those that are highly experienced in underwriting and that are in or aspire to senior underwriting and management positions.

990 Insurance corporate management
(30 Advanced Diploma credits)
The objective of this unit is to develop an understanding of key issues and concepts in relation to the management of an insurance organisation.

991 London market insurance specialisation
(50 Advanced Diploma credits)
Designed for London market specialists, this option consists of an 18 month enrolment to complete a dissertation.

992 Risk management in insurance
(30 credits)
The objective of this unit is to develop in the candidate a detailed knowledge and understanding of the management of risk within the context of an insurance operation.

993 Advances in strategic risk management in insurance
(50 credits)
The objective of this unit is to explore how advances in risk management lead to improved strategic decision making in an insurance context.

994 Insurance market specialisation
(50 Advanced Diploma credits)
This unit involves writing a dissertation of 10,000 words on a topic relevant to the insurance market, with 18 months to complete this from the time of enrolment.

995 Strategic underwriting
(30 Advanced Diploma credits)
The objective of this unit is to understand the strategic context within which an underwriting function is managed.

996 Strategic claims management
(30 Advanced Diploma credits)
The objective of this unit is to gain knowledge and understanding of the strategic direction and strategic leadership of claims function.

997 Advanced risk financing and transfer
(30 Advanced Diploma credits)
The objective of this unit is to understand the role that risk financing and risk transfer play in risk management.

Exam Preparation at CERM

CERM offers exam preparation for ACII in the following units in July 2017.
590 - Principles of Takaful

Class Timings:

Course duration:
12 Classes.

Classes will be conducted by industry experienced Cert. CII and ARM qualified professionals.

• Course Fee PKR. 12,000/- for classroom based.
• Course Fee PKR. 12,500/- for distant learning.

Recommended for:

• Today's insurance managers and technical specialists;
• Staff with aspirations to become managers in the future;
• Those employees who wish to demonstrate their professional standing;
• Insurance employees without another professional qualification and those who wish to build upon existing general academic qualifications, such as a degree, by obtaining an industry-specific qualification.

Benefits:

Upon completion you will be entitled to use the designation 'ACII' (CII membership and Continuing Professional Development requirements apply).
From the Advanced Diploma you can apply for Chartered status (subject to having five years' experience, not necessarily post-qualification), with the CII's four Chartered insurance titles reflecting your career specialism:

• Chartered Insurer;
• Chartered Insurance Broker;
• Chartered Insurance Practitioner; and
• Chartered Insurance Risk Manager

Chartered status cements your professional standing and gives you parity with other professionals such as accountants and solicitors.