STUDY
The CII launched a new qualifications
framework in 2004 which is designed to provide a clear path
for those looking to develop their career in today's insurance
market. The framework gives candidates the following study
options:-
Award In
Insurance
The Award in Insurance is the logical starting point for someone
who is new to the insurance industry and/or is not yet ready
or prepared to commit to studying for a full qualification.
The Award is designed to provide a platform for a family of
introductory-level study programs which provide recent school
leavers, or those embarking on work based study for the first
time, with basic fundamental knowledge on which they can build.
The CII will be making 2 study courses (the Foundation Insurance
Test (FIT) and Creditor Protection available under the Award
Banner. It is the intention of the CII to add further courses
in the future.
As a guide, the CII recommend
that you allow a minimum of 40 hours study - this equates
to approx: four hours of study a week over three months. The
exam takes the form of a two hour paper consisting of 100
multiple choice questions.
Certificate
In Insurance
The Certificate in Insurance is ideal
for individuals working across a wide range of organsations
and roles. It provides a firm grounding in insurance essentials
and is suitable for staff within insurance companies, brokers
and related organisations, whether they are directly involved
in insurance practice or are employed in support functions
such as human resources, marketing, IT and finance.
This qualification is the
first step to becoming professionally qualified and as such,
its merits are widely recognised by employers throughout the
insurance industry. To achieve the Certificate In Insurance
you must accumulate 40 credits.
All the Certificate level
exams are two hours in duration. The format differs between
papers from multiple choice questions to mini case study multiple
choice questions. The CII recommends that you allow a minimum
of 50 hours study for each Certificate exam - this equates
to 4 hours study per week for a three month period.
Diploma In
Insurance
The Diploma in Insurance offers a thorough grounding in key
topics and enables candidates to select a study path which
meets their job requirements and personal preferences. The
flexibility makes the Diploma directly relevant to their preferred
career path, be it, for example in pesonal lines, commercial
Insurance or life assurance.
To achieve the Diploma you
must accumulate 110 credits. All exams are written and are
three hours in duration. The format differs between subjects
and can include short answer questions, case studies and essay
questions. The CII recommends that you allow a minimum of
96 hours study for each exam, which equates to 4 hours a week
over a six month period.
Advanced Diploma
In Insurance
The Advanced Diploma is a comprehensive assessment of market
knowledge and understanding. Those who achieve it can lay
genuine claim to being an insurance professional. Candiates
can develop a bespoke learning programm that matches their
requirements and career aspirations. Advanced Diploma candidates
can select study units from across the entire CII qualifications
framework, which means they have access to 49 subjects currently
available. Successful completion of the Advanced Diploma entitles
the holder to apply to use the universally recognised designation
"ACII" (CII membership and Continuing Professional
Development requirements will apply )
To achieve the Advanced Diploma
you must accumulate 290 credits minimum. The CII recommends
that you allow a minimum of 120 hours study for each exam
which equates to five hours study per week over six months.
Certificate
in IT for Insurance Professionals
The Certificate in IT for Insurance Professionals is the only
qualification designed specifically to cover IT issues and
responsibilities in the insurance industry. Developed jointly
by the CII and the The British Computer Society (BCS) it provides
evidence of a broad understanding of the principles and use
of IT in insurance, independent of any particular software
or hardware platform.
The exam is open to everyone.
The exam is an Advanded Diploma subject worth 30 credits which
can count towards the Advanced Diploma qualification. The
exam is a three hour paper consisting of short questions,
longer application questions and a case study. The examiners
recommend you devote 120 hours study for this exam.
Fellowship
Fellowship is the CII is universally
regarded as the premier qualification for those working in
the insurance industry. This qualification involves continuing
professional development over a three year period, undertaking
a Business Ethics Programme, and evidencing a major achievement
such as a dissertation.
Full details of all the above
qualifications can be found under 
.
