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Insurance Corporate Management (990)

The objective of this unit is to enable candidates to understand how an insurance operation is managed.

The default Enrolment option for this unit includes:

  • Latest version of the core learning content, in digital format only.
  • Assessment entry.

The aim of Insurance Corporate Management (990) is to provide students with an introduction to the concepts and processes of corporate management in insurance, together with some of the issues that need to be addressed by managers at this level.

The study text closely follows the syllabus which is designed to enable you to evaluate the following:

  • Structures and management of insurance organisations.
  • Effects of chosen strategies of insurance organisations.
  • Financial management, including solvency capital in the management of insurance organisations.
  • Key regulatory matters affecting insurance organisations.
  • Optimum governance, risk management and conduct strategies and frameworks.
  • Current and future challenges to the management of insurance organisations.

Success in the 990 assessment will require you to undertake further reading and private research beyond this core text.

It is assumed that students already have knowledge of insurance organisations, finance and regulations as typically covered in Insurance business and finance (M92), Insurance, Legal and Regulatory (IF1), or equivalent but have not had any formal education in management.

Building a successful career in insurance

Insurance Corporate Management (990) is intended for those nearing the completion of the ACII qualification. You will have already developed a sound grounding in the technical aspects of insurance and will be approaching or have already reached first-line management.

Summary of learning outcomes 

  1. Evaluate the structures and management of insurance organisations.
  2. Evaluate the effects of chosen strategies of insurance organisations.
  3. Evaluate the financial management, including solvency capital in the management of insurance organisations.
  4. Evaluate the key regulatory matters affecting insurance organisations.
  5. Evaluate the optimum governance, risk management and conduct strategies and frameworks.
  6. Evaluate the current and future challenges to the management of insurance organisations.

Assessment

  • 3 coursework assignments of up to 3,200 words
  • 50% pass mark
  • The average pass rate for those completing Advanced Diploma in Insurance coursework units in full is currently 97.1%

Study material – editions available

Enrolment (12 months)