LOMA 301 Insurance Aministration Course

LOMA 301 provides a detailed discussion of the activities of insurance administration for individual and group life coverages, focusing on underwriting, reinsurance, claims, and customer service.

945.00.د.ب


Description

LOMA 301 Insurance Aministration Course

SUMMARY

LOMA 301 provides a detailed discussion of the activities of insurance administration for individual and group life coverages, focusing on underwriting, reinsurance, claims, and customer service.

LEARNING OUTCOMES

Upon completion of the course, trainees will be expected to:
• Understand the Overview of Insurance Administration.
• Understand the New Business.
• Processing and Underwriting Principles.
• Understand the Legal Aspects of Underwriting.
• Understand the Underwriting.
• Understand the Claim Administration.
• Understand the Reinsurance.
• Understand the Customer Service.

TOPICS COVERED

• Overview of Insurance Administration
• New Business Process and Underwriting Principles
• Legal Aspects of Underwriting
• Underwriting Individual Life Insurance: AssessingvMortality Risk
• Underwriting Individual Life Insurance: Financial Underwriting and Risk Classication
• Niche Policies, Business Life Insurance, Replacements and Supplemental, Benets
• Underwriting Group Life Insurance
• Overview of Claim Administration
• Administering Life Insurance Claims
• Reinsurance Overview
• Reinsurance Administration
• Eective Customer Service
• Customer Service Practices

ASSESSMENT AND CERTIFICATION

The course is assessed via an online examination after course completion where trainees need to complete a set of questions. Trainees who score higher than 70 and above out of 100 will be awarded a certicate of completion from LOMA.

TARGET AUDIENCE

All employees who are working in the Insurance, Banking & other Financial Services.

DURATION

30 Training Hours

PREREQUISITES

Trainees should have:
• Basic understanding of Insurance administration.
• Good command of the English language.

Additional information

Types of certificaitons

Course Level

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Specialization

Training Style

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