Insurance has become an integral part of virtually everything we do in life and business. Roles within the insurance industry are many and varied. Whether you enjoy working with numbers, doing research, solving problems or working with people, you can find your specialty in insurance.
Humber’s Insurance Management – Property and Casualty graduate certificate program prepares you for a variety of entry level management career paths in the large and growing property and casualty insurance industry. Learn the fundamentals of the industry and its three main functional areas – underwriting, loss adjusting and agency/brokerage – and gain transferable skills in business communications, computer applications, insurance accounting and metrics, marketing, sales and customer service, project management, and leadership. Employment-focused experiential learning ensures that you can keep all of your options open as you launch your career.
This program is recognized by The Insurance Institute of Canada (http://www.insuranceinstitute.ca
) as providing seven of the ten required courses toward the Chartered Insurance Professional designation.
Upon successful completion of the program, a graduate will:
• Differentiate the functions of and the relationships between various elements within the structure of the insurance industry in Canadian and global contexts in order to identify business opportunities, challenges and solutions.
• Use current and relevant insurance industry-specific terminology when communicating with stakeholders.
• Assess and manage the four major categories of risk (hazard, operational, financial and strategic) to determine insurance needs associated with specific cases.
• Apply best practices for risk management to finance the negative consequences of risk events in multifaceted situations.
• Provide evidence-based recommendations for management of hazards and risks faced by an organization.
• Evaluate the clauses, terms and conditions of various insurance policy wordings in order to determine the appropriate coverage according to defined risk tolerance levels.
• Adjust, negotiate and settle insurance claims to satisfy needs of claimants and providers.
• Provide rationale for the acceptance or rejection of an application for insurance to uphold efficacy of decision-making.
• Evaluate the needs of a commercial and/or personal client in order to plan and recommend an insurance program that provides protection from identified exposures.
• Select leadership and communication strategies necessary to manage others and accomplish organizational goals.
• Prepare and deliver effective integrated marketing, customer service and sales plans to further organizational objectives.
• Develop, interpret and present common property and casualty insurance industry metrics and financial statistics and data to support organizational decision-making.
• Apply project management methodologies to identify, plan, and execute various property and casualty insurance managerial projects.
• Develop strategic business plans in order to respond o changing opportunities and challenges within the property and casualty insurance business.
• BISM 5000: Computer Analytic Skills
• IMPG 5000: Accounting and Metrics for Insurance Professional
• IMPG 5001: Automobile Insurance- Part 1 (C14)
• IMPG 5002: Princples and Practices of Insurance (C11)
• IMPG 5003: Insurance Against Liability- Part 1 (C13)
• IMPG 5004: Insurance Marketing, Sales and Customer Service
• IMPG 5009: Insurance Career Development
• IMPG 5500: Essential Skills for the Insurance Broker and Agent (C130)
• IMPG 5501: Insurance on Property (C12)
• IMPG 5502: Essentials of Loss Adjusting (C110)
• IMPG 5503: Project Management for Insurance Professionals
• IMPG 5504: Insurance Business Management and Leadership
• IMPG 5506: Underwriting Essentials (C120)
• WORK 5520: Work Placement for Insurance Management
Get hands-on experience in the industry with a 160-hour (minimum) work placement that will give you the opportunity to apply what you have learned in the classroom. Students initiate the placement with the aid of faculty, targeting companies in the Greater Toronto Area. Placements can be completed on a part-time basis throughout the academic year, or full time during the term immediately at the end of the program.
Career opportunities may be found at many property and casualty insurance companies in the GTA/905 area and across Canada. Choose your area of specialization – underwriting, loss adjusting or agency/brokerage – to complete your final three Chartered Insurance Professional courses. Then lean in and go far. Property and Casualty insurance is among the largest and most lucrative industries in the country with expanding employment demand due to industry growth and an aging workforce. Jobs here require specialized higher education levels and often pay above average.
How to apply
Click here to apply: http://humber.ca/admissions/how-apply.html
For information on funding, please use the following link: http://humber.ca/admissions/financial-aid.html