The Chartered Insurance Institute 42–48 High Road, South Woodford, London E18 2JPtel: +44 (0)20 8989 8464 fax: +44 (0)20 8530 3052 email: customer.serv@cii.co.uk website: www.cii.co.uk

Ref: CII – IOB001 (11/12)C12J_7333

CII insurance qualifications framework2013 Overview brochure

www.cii.co.uk

Enhancing professionalism

across the insurance

market

© The Chartered Insurance Institute 2012

CHARTERED INSURER, CHARTERED INSURANCE BROKER, CHARTERED INSURANCE PRACTITIONER, FCII, ACII, Dip CII and Cert CII are registered collective marks and THE CHARTERED INSURANCE INSTITUTE, CII and the CII logo are registered trade marks of The Chartered Insurance Institute.

A CENTURY OF PROFESSIONALISM

Join the growing community of professionals who are supporting their studies and career aspirations through membership of the CII.

As a member you will enjoy the following exclusive benefits:

• Access to an online library containing a comprehensive range of insurance and financial services publications, reports and documents to support study and workplace performance

• Free access to an archive of exam guides for written exams

• Discounts on learning materials, revision courses and exam entry – typically saving around 19%

• Accessible career support through local CPD events, industry training and networking opportunities (UK, Channel Islands and Isle of Man only)

• The Journal, a member publication delivering the latest news and analysis of the full spectrum of insurance topics

And ongoing support for your career:

• Upon completion of your qualification, use of the appropriate designation – Cert CII, Dip CII, ACII, FCII and Chartered status – to demonstrate knowledge and technical capability

• Market and technical updates

• Continuing Professional Development (CPD) programme to keep your knowledge current and compliant.

Membership costs from as little as £5.87 a month by Direct Debit.UK tax-payers can claim income tax relief on

membership fees.

To sign up contact us on 020 8989 8464 or visit www.cii.co.uk/join

Belonging to the CII has made a real difference to my development as an insurance professional. It helped my studies and supports me in my career, providing the tools that I need to keep up-to-date with developments.

Michael Muzio ACII Chartered InsurerUnderwriting and Claims Director, Towergate

The Chartered Insurance Institute 42–48 High Road, South Woodford, London E18 2JPtel: +44 (0)20 8989 8464 fax: +44 (0)20 8530 3052 email: customer.serv@cii.co.uk website: www.cii.co.uk

Ref: CII – IOB001 (11/12)C12J_7333

CII insurance qualifications framework2013 Overview brochure

www.cii.co.uk

Enhancing professionalism

across the insurance

market

© The Chartered Insurance Institute 2012

CHARTERED INSURER, CHARTERED INSURANCE BROKER, CHARTERED INSURANCE PRACTITIONER, FCII, ACII, Dip CII and Cert CII are registered collective marks and THE CHARTERED INSURANCE INSTITUTE, CII and the CII logo are registered trade marks of The Chartered Insurance Institute.

A CENTURY OF PROFESSIONALISM

Join the growing community of professionals who are supporting their studies and career aspirations through membership of the CII.

As a member you will enjoy the following exclusive benefits:

• Access to an online library containing a comprehensive range of insurance and financial services publications, reports and documents to support study and workplace performance

• Free access to an archive of exam guides for written exams

• Discounts on learning materials, revision courses and exam entry – typically saving around 19%

• Accessible career support through local CPD events, industry training and networking opportunities (UK, Channel Islands and Isle of Man only)

• The Journal, a member publication delivering the latest news and analysis of the full spectrum of insurance topics

And ongoing support for your career:

• Upon completion of your qualification, use of the appropriate designation – Cert CII, Dip CII, ACII, FCII and Chartered status – to demonstrate knowledge and technical capability

• Market and technical updates

• Continuing Professional Development (CPD) programme to keep your knowledge current and compliant.

Membership costs from as little as £5.87 a month by Direct Debit.UK tax-payers can claim income tax relief on

membership fees.

To sign up contact us on 020 8989 8464 or visit www.cii.co.uk/join

Belonging to the CII has made a real difference to my development as an insurance professional. It helped my studies and supports me in my career, providing the tools that I need to keep up-to-date with developments.

Michael Muzio ACII Chartered InsurerUnderwriting and Claims Director, Towergate

fram

ewor

k CII insurance qualifications framework

(530) Economics and business

(590) Principles of Takaful

(991) London market insurance specialisation

(945) Marketing insurance products and services

(655) Risk management

(820) Advanced claims(930) Advanced insurance broking

(990) Insurance corporate management

Fellowship (Designation: FCII)

Advanced Diploma in Insurance (Designation: ACII)

MSc in Insurance and Risk Management

unit credit rating

30 credits

50 credits

(P61) Life, critical illness and disability underwriting1

(P63) Long term insurance business1

(P64) Private medical insurance practice1

(IF9) Customer service in insurance

(P62) Life, critical illness and disability claims1

(P91) Aviation and space insurance

(P97) Reinsurance

Diploma in Insurance (Designations: Dip CII, Dip CII (Claims))

30 credits

(P96) Liability insurances(P94) Motor insurance

(P93) Commercial property and business interruption

(P90) Cargo and goods in transit insurances

(P05) Insurance law

COMPULSORY UNIT*

25 credits

Key: unit code: ( ) unit credit rating: X credits

* To satisfy the Diploma and Advanced Diploma compulsory unit requirements you can either pass units P92 and P05 or alternatively 530 and P05

** To satisfy the Certificate compulsory unit requirements you can either pass unit IF1 or alternatively the Award in London Market Insurance (achieved by completing units LM1 and LM2) 1 These units will be examined for the first time in April 2013, with study material becoming available

in December 2012

(P21) Commercial insurance contract wording

(P81) Insurance broking practice

(P85) Claims practice (P86) Personal insurances

(P80) Underwriting practice

20 credits

(FIT) Foundation Insurance Test

Certificate in Insurance (Designations: Cert CII/Cert CII (Claims)/Cert CII (London Market)/ Cert CII (Customer Service)/Cert CII (Health and Protection))

Award for the Foundation Insurance Test

6 credits

(P92) Insurance business and finance

COMPULSORY UNIT*

(IF1) Insurance, legal and regulatory

COMPULSORY UNIT**

(IF3) Insurance underwriting process

(IF5) Motor insurance products

(IF8) Packaged commercial insurances

(IF6) Household insurance products

(IF2) General insurance business

(IF4) Insurance claims handling process

(IF7) Healthcare insurance products

15 credits

(LM2) London market insurance principles and practices

(LM1) London market insurance essentials

10 credits

(960) Advanced underwriting

(P98) Marine hull and associated liabilities

“Professionalism is central to our business – we are an enthusiastic signatory to the Aldermanbury Declaration and are proud to have achieved corporate Chartered Insurers status. Knowledge and technical capability are building blocks of our success, and CII qualifications, from the Certificate through to Fellowship, are a key element of our skills development programme for both technical and non-technical roles.

We encourage and fund study for CII examinations because the resulting qualifications send out such a powerful message to clients and business partners. They inspire consumer and regulatory confidence whilst enhancing technical knowledge and career development for the individual. We provide comprehensive learning and revision support including face-to-face training courses, interactive on-line study and continuous assessment enrolment, and pay for CII membership for our staff where appropriate, again promoting the importance of professionalism in all we do.

Jo SmithHead of Technical Training Zurich Insurance plc ”

NEW

NEW NEW

NEW

CII qualifications are hugely important at the Towergate Business School, providing a crucial technical and business foundation.

Insurance roles at Towergate require an appropriate CII qualification and they are integral to our recruitment and retention policy. A large percentage of our underwriting, claims and broking people are continuously engaged in professional study and all have active CPD programmes.

The qualification structure allows people to study relevant subjects at the right level and enables us to promote career development to support the business.

We are hugely proud of our corporate Chartered Insurance Brokers and Chartered Insurers status and our commitment to the Aldermanbury Declaration, which all recognise our commitment to employee development and the provision of excellent customer service.

Fiona AndrewsPartner & Group Head of Organisational DevelopmentTowergate Insurance

2 CII insurance qualifications •Improvingknowledge,developingcompetence,buildingcareers •EnhancingtheCIIinsurancequalificationsframework •Thequalificationsframework •Thebenefitsoftheframework •Furthercoursesofstudyanddevelopment •Exploringtheframework •Entryrequirements •Evidencingprogress •Keyfeaturesofthequalificationsframework

6 Key facts

6 Learning support

8 How does the framework work in practice?

12 Further information

Asthepremierprofessionalbodyfortheinsuranceandfinancialservicesprofession,theCIIpromoteshigherstandardsofintegrity,technicalcompetenceandbusinesscapability.

Withover100,000membersinmorethan150countries,theCIIistheworld’slargestprofessionalbodydedicatedtothissector.

SuccessinCIIqualificationsisuniversallyrecognisedasevidenceofknowledgeandunderstanding.MembershipoftheCIIsignalsadesiretodevelopbroadprofessionalcapabilityandsubscribetothestandardsassociatedwithprofessionalstatus.

TheCIIworkswithbusinessestodevelopbespoke,company-widesolutionsthatensurecompetitiveadvantagebyenhancingemployees’technicalandprofessionalcompetence.

Individually,CII’smembersareabletodrivetheirpersonaldevelopmentandmaintaintheirprofessionalstandingthroughanunrivalledrangeoflearningservicesandbyadheringtotheCII’sCodeofEthics.

www.cii.co.uk

The Chartered Insurance Institute (CII)Professionalism in practice

Contacting the CIIIfyouhaveanyqueriesregardingthequalificationsinthisbrochurepleasecontactCustomerService.

TheCIIiscommittedtodeliveringafirst-classserviceand,tothisend,wewelcomefeedbackonanyaspectofyourrelationshipwithourorganisation.

Pleaseforwardanyviewsyoumayhaveontheserviceyoureceive,whethertheyarepositiveorotherwise.

Wetakeallsuchcommentsseriously,answerthemindividually,andusethemtohelpensurethatwecontinuallyimprovetheserviceweprovide.

CustomerService42–48HighRoad,SouthWoodford,LondonE182JPtel: +44(0)2089898464fax: +44(0)2085303052email: customer.serv@cii.co.ukwebsite: www.cii.co.uk

cont

ents

32

TheCIIprovidesmarket-ledqualificationsandstudyprogrammeswhichserveallsectorsoftheinsuranceindustryandcaterforalllevelsofknowledgeandexperience.

Insurancehasinrecentyearsgonethroughaperiodofunprecedentedchallengesandchange.Technologyhashadamajorimpactonthestructureofthemarketandthewaybusinessisconducted.Newformsofriskcontinuetoemerge.Competitionisintense.Gonearethe‘jobsforlife’thatoncecharacterisedthesector.Individualsaremovingmorefreelybetweendisciplines.

ActivityisregulatedbytheFSA,whichaffectsallaspectsofmarketpracticeand,crucially,requiresemployeestodemonstratetheyarecompetentfortheworktheydo,andthereaftertomaintainandenhancethiscompetence.

TheCIIinsurancequalificationsframeworkprovidesindividuals,andtheiremployerorganisations,withameansofachievingtherequisitelevelsoftechnicalknowledgeandunderstanding.Andindoingso,helpsensureindividualshavetheskillstheyneedtoperformeffectivelyandefficientlyintheworkplace.

TheCIIqualificationsframeworkisregularlyreviewedtoensurethatthequalificationsremaincurrentandalignedtotheindustry’sneeds.

Toensurethisalignmenttoneeds,examunitswillbeintroduced,enhancedorwithdrawnwherenecessary.Inthecaseofwithdrawnunits,candidatesaregivenatleast12months’(ortwoexamsessions)notice.

CII insurance qualifications

Improving knowledge, developing competence, building careers

Enhancing the CII insurance qualifications framework

The qualifications framework

over

view

Further courses of study and developmentInadditiontothequalifications/studyprogrammesshownabove,theCIIalsooffersotheroptionsforinsuranceprofessionalsseekingtoenhanceanddemonstratetheirpersonaldevelopment.Theseinclude:

Note:CandidatesobtainingtheCertificate,Diploma,AdvancedDiplomaorFellowship,whoarealreadyorsubsequentlybecomeCIImembers,areentitledtousethedesignations‘CertCII’,‘DipCII’,‘ACII’and‘FCII’,respectively.DesignationholdersarerequiredtocomplywithCIImembershipandContinuingProfessionalDevelopmentrequirements.

FellowshipThehighestqualification

onofferfromtheCII.

Thisrequiresthecompletionofapersonalised,structuredadvanced

professionaldevelopmentprogramme.

Advanced Diploma in InsuranceThisisthe‘professional’qualificationawardedto

experiencedandexpertmarketpractitioners.

Itrequirescandidatestopassa290creditthreshold.

Diploma in InsuranceThisqualificationrecognises‘technical’developmentachievedbythosewitha

growingunderstandingoftheindustry.

Itrequirescandidatestopassa120creditthreshold.

Certificate in InsuranceThisisthe‘core’levelqualification,suitableforthoseenteringtheindustryandseekingtogain

essentialbasicknowledgeofthemarket,keydisciplinesandproducts.

Itrequirescandidatestopassa40creditthreshold.

Award for the Foundation Insurance TestAnintroductory-levelqualification,developingfundamentalknowledgeonkeytopics.

Candidatespassonetest,gaining6creditswhichtheycanalsousetowardsstudyforahigherCIIqualification.

ThequalificationsframeworkofferedbytheCIIhasbeendesignedtoprovideaclearpathforthoselookingtodeveloptheircareerintoday’sinsurancemarket.

Theframeworkgivescandidatesthefollowingstudyoptions:

Theframeworkhasbeendesignedtodeliverthefollowingbenefits:

•Progressivequalificationstructure,thatbuildsonexistingknowledgeateachlevel

•Extensivechoiceofalmost40units

•Flexible,‘self-assembly’qualificationcontent

•Credit-accumulationsystemallowingprogressatdifferentspeeds

•Recognitionofpriorlearning

•Rangeofassessmenttechniques

•‘RecordofAchievement’awardedforeachunitcompleted

The benefits of the framework•Formalrecognitiononcompletionof

aqualification

•Industry-recogniseddesignationsavailableoncompletion,includingCharteredstatus

•Portabilityofqualification

•Facilitateslifelonglearning

•Supportscompetenceandcomplianceactivity

•CertificateinInsuranceandCertificateinLondonMarketInsuranceSpecialisationalignwiththeQualificationsandCreditFramework(QCF).

Youwillfindthesebenefitsexplainedinmoredetailoverthefollowingpages.

Wewouldrecommendthatthefollowingsectionsarereadinconjunctionwiththediagramwhichappearsonthecoverflapatthefrontofthisbrochure.

•Charteredstatus–cementsaqualifiedpractitioner’sprofessionalstandingwithtitlestomatchcareerspecialisms:•CharteredInsurer•CharteredInsuranceBroker•CharteredInsurancePractitioner

IthasbeendevelopedforthoseholdingtheAdvancedDiploma(orequivalent)whoareseekingtodemonstratetheirprofessionalstanding.

•MScinInsuranceandRiskManagement–developedinconjunctionwithCassBusinessSchool,thisisarespectedqualificationinitsownright,butcanalsoformpartofFellowshipstudies.

Afast-trackcompletionrouteisavailableforAdvancedDiploma,orequivalent,holders.

•AwardinLondonMarketInsurance–aspecialistqualificationforthoseworkinginorwiththeLondonmarket,theAwardinLondonMarketInsurancecomprisestwoCertificate-levelunits(LM1)Londonmarketinsuranceessentialsand(LM2)Londonmarketinsuranceprinciplesandpractices.

TogetherthetwounitsprovideabroadunderstandingofinsuranceprocessandpracticeacrosstheLondonmarketaswellasdetailedunderstandingoftechnicaltopics.

CIImemberscontinuingtocompletetheCertificateinInsurancecanusethedesignationCertCII(LondonMarket).

•CertificateinLondonMarketInsuranceSpecialisation–ahigherlevelqualificationdevelopedforLondonmarketspecialists,inpartnershipwiththeLloyd’sMarketAssociation(LMA).CandidatescanachievethisqualificationbycompletingoneAdvancedDiplomalevelunit(991)Londonmarketinsurancespecialisation.Thisunitrequirescompletionofa10,000worddissertationonatopicrelevanttotheLondoninsurancemarket.

Fulldetailsonalloftheaboveareavailableonlineatwww.cii.co.ukorfromCustomerService.

54

over

view

Ascanbeseenfromthediagramprovidedonthecoverflap,therearefourprimarylevelsofqualifications–AwardfortheFoundationInsuranceTest,Certificate,DiplomaandAdvancedDiploma.

TheAwardissuitableforsomeonenewtotheindustrywhowantstoimprovetheirknowledgebystudyingforasingle-unitqualification.Thehigherlevelqualifications–Certificate,DiplomaandAdvancedDiploma–canbeachievedbypassingacombinationofunitstobuildupthenecessaryamountofcredits.

Theframeworkhasbeendesignedtoensuremaximumflexibility,withcandidatesabletochooseunitsfromthosecurrentlyavailableacrossthequalificationframework,subjecttothecompletionrequirementswithineachqualification.

Thisprovidesaccesstothemaximumrangeofunitsgivingcandidates,andtheiremployers,theabilitytotailortheirlearningactivitytoindividualneedsandjobroles,andtoprepareforfurtherstudyatahigherlevel.

Eachqualificationisobtainedonceitsparticularcreditrequirementsaremet(fulldetailscanbefoundinthediagramprovidedonpage6).Thisprincipleappliestoeachqualification.

Importantly,however,thecreditsachievedfromanyunitcanbeusedtosupportstudyforanyqualification(subjecttotheparameterslaiddownforeachqualificationintermsofthenumberofcreditsrequiredateachlevel).

Putsimply,whiletherearecertaincompulsoryunitrequirements,andaneedtoattainaminimumnumberofcreditsateachleveltosecurethatparticularqualification,candidatesareabletochooseunitsfromthoseavailableacrosstheframework.

Example–therequirementsfortheDiplomainInsuranceareasfollows:

•TheDiplomainInsurancehasa120creditthresholdforcompletion.

•Aminimumof90creditsmustbeatDiplomalevelorabove.

•Therefore,aDiplomacandidatecouldobtain30Certificatecredits,and90creditsfromacrosstheDiplomaandAdvancedDiplomaunitstopassthe120creditthreshold.Thesemustincludeunits(P05)Businesslawand(P92)Insurancebusinessandfinance(orequivalent)tobeawardedtheDiploma.

Carehasbeentakentoensurethattheunitscoverthewiderangeofdisciplinesandsubjectareaswithintheinsuranceindustry.Thismeansthequalificationscaterforthewidestpossiblespectrumofinterestsandrequirements.

Themodularstructureofthequalificationsframeworkoffersgreatflexibilityandprovidescandidateswiththeopportunitytodeveloptheirtechnicalknowledgeandunderstandinginlinewiththeircareerprogression,ratherthanneedingtofollowarigidpresetlearningprogramme.

Keyfeaturesinclude:

Covers a market-wide range of topicsCandidateshaveaccesstoanunrivalledrangeofsubjects,withunitscoveringallthebasic,keyandmostspecialistareasofinsurancepractice.

Recognises prior learningRecognitionisgiventorelevantpriorlearningthatmeetsspecifiedcriteria.

Byclaimingcreditsforqualificationsyou’veattainedoutsidetheCIIframework,youcouldcutyourstudytimeandavoiddoublinguponlearning.

Pleaseseewww.cii.co.uk/prior-learningforfulldetails.

Supports lifelong learningIntoday’senvironment,learningandself-improvementcanneverbeconsideredatanend.Theframeworkallowsforpractitionerstodipinandoutasappropriate,selectingunitsthroughwhichtheycantopuptheirknowledgeinlinewithcareerdemandsandoverallprofessionaldevelopment.Thesecanbetakenasstudytowardsanoverallqualificationoronastandalonebasis.

Blends different assessment methodsThemethodoftestingforeachunitisselectedonthebasisofwhatismostappropriatetothetypeandleveloflearningbeingundertaken.Theseinclude:

•multiplechoice;

•casestudy-based;

•essayquestions;or

•assessmentbycourseworkordissertation.

Multiplechoiceexamsaretestedonlineprovidingcandidateswithgreaterflexibilityontimingandlocation.

Formal recognition upon completionA‘RecordofAchievement’isawardedforeachunitpassedandtheAwardfortheFoundationInsuranceTest,AwardinLondonMarketInsurance,CertificateinLondonMarketInsuranceSpecialisation,Certificate,DiplomaorAdvancedDiplomainInsurance,asappropriate,isawardeduponcompletionofaqualification.Theseprovideportableandpermanentevidenceoflearningundertaken.

Industry recognised member designations‘CertCII’,‘DipCII’,‘ACII’and‘FCII’designationsareavailabletoCIImembersqualifiedtoCertificate,Diploma,AdvancedDiplomaandFellowshiplevelrespectively.

AlldesignationholdersparticipateintheCII’sContinuingProfessionalDevelopment(CPD)scheme,tohelpmaintainandenhancecompetence,andassistwithongoingcareerdevelopment(seewww.cii.co.uk/cpdfordetails).

Dovetails with market-leading competence systemsTheframeworkiscomplementedbyassessmentandcompliancetoolsdevelopedbytheCII.

TheASSESSonlinetechnicaltrainingandcompetencesystemshelpqualifiedindustrypractitionerstomaintainandenhancetheircompetencebykeepingtheirknowledgeuptodate(seewww.cii.co.uk/elearningforfulldetails).

TheCIIBrokerAcademyisessentiallya‘onestopshop’traininganddevelopmentfacilityforinsurancebrokers.DevelopedinpartnershipwithAXAandBIBA,itdeliversanunrivalledrangeoflearningservicestoenablebrokerstoacceleratetheirprofessionaldevelopment(seewww.cii.co.uk/brokeracademyforfulldetails).

Office of Qualifications and Examinations Regulation (Ofqual)TheAwardfortheFoundationInsuranceTestisregisteredwithOfqualintheQualificationsandCreditFramework(QCF)atlevel2;andtheAwardinLondonMarketInsuranceandtheCertificateinInsuranceareregisteredatlevel3.TheCertificateinLondonMarketInsuranceSpecialisationisregisteredontheQCFatlevel7.Asaguidetothelevelofdifficultythisindicates,aGCSEA*–Cgradeorequivalentisatlevel2intheQCF,GCEA-Levelsareatlevel3,aMaster’sdegreeisatLevel7andaPhDisatlevel8.

Ofqualistheregulatorofqualifications,examsandtestsinEngland.Theyarealsotheregulatorsforrecognisedawardingbodies(suchastheCII).Forfurtherinformationpleasegoto:www.ofqual.gov.uk

Exploring the framework

Key features of the qualifications framework

CII insurance qualifications

Entry requirementsTherearenoentryrequirementsforanyoftheCII’sinsurancequalifications.Itisuptoeachindividualcandidatetoselectthequalificationthatbestmeetstheirneeds.

FortheDiplomaandtheAdvancedDiplomawedo,however,includeguidanceonthepriorlearningthatweconsiderappropriateforcandidatesenteringthesequalifications.Thesearereliableindicatorsastowhetheranindividualwillhavethepriorknowledgeand/orstudyskillstosuccessfullycompletethesequalifications.

Evidencing progressAsprogressismade,a‘RecordofAchievement’isprovideduponcompletionofeachunit.

Oncethenecessarycreditshavebeenaccumulated,thefullqualificationisawarded,includingacompletioncertificate.

BROKERASSESS

INSURANCEASSESS

CII Broker Academy

76

Key facts Award for the Foundation Insurance Test Certificate in Insurance Diploma in Insurance Advanced Diploma in Insurance

Levelofqualification Introductory Core Technical Professional

Creditsrequiredtocomplete(existingcreditscarriedforward)

6 401 1202

Minimum90achievedatDiplomalevelorabove2903

Minimum205atDiplomaorAdvancedDiplomalevelwith90beingatAdvancedDiplomalevel

Creditsperunit 6 10or15dependentonunitchosen 20,25or30dependentonunitchosen 30or50dependentonunitchosen

Numberofavailableunits 1 11CertificateunitsPlusaccesstoFIT,DiplomaandAdvancedDiplomaunits

18DiplomaunitsPlusaccesstoFIT,CertificateandAdvancedDiplomaunits

9AdvancedDiplomaunitsPlusaccesstoFIT,CertificateandDiplomaunits

Compulsoryunits FIT–singleunit 1unit•(IF1)Insurance,legalandregulatory4

2units•(P92)Insurancebusinessandfinance5

and•(P05)Insurancelaw

2units•(P92)Insurancebusinessandfinance5

and•(P05)Insurancelaw

Assessmentformat Exam–online,2hours100multiplechoicequestions

Exam–online,1,1.5,or2hoursdependentontheunitchosenMultiplechoicequestions/minicasestudies

Exam–2or3hoursdependentontheunitchosenWrittenshortanswersandessaystylequestions

Exam–3hours• Essaystyle/casestudyquestionsandwritten

shortanswersUnit991–completionofa10,000worddissertation

Averagestudytime 40hours 50hoursperunit 90–100hoursperunitdependentonthatchosen

120–180hoursperunitdependentonthatchosen

Combinationofunitsatanylevelallowed? Notapplicable Yes Yes Yes

Availabilityofexamsessions(DetailsshownapplytotheUK.OutsideoftheUKtests/examsareofferedtwice-yearly)

Year-roundAvailabilityvariesfromcentretocentre,buttypicallytestscanbesatweekly

Year-roundAvailabilityvariesfromcentretocentre,buttypicallyexamscanbesatweekly

TwiceyearlyApril/October

TwiceyearlyApril/OctoberEnrolmentforunit991year-round(subjecttoavailability)

Entryrequirements? None None NoneWedo,however,recommendthatcandidatesenteringtheDiplomashouldholdthefollowing:•CertificateinInsurance;or•5GCSEsgradeCorequivalent

NoneWedo,however,recommendthatcandidatesenteringtheAdvancedDiplomashouldholdthefollowing:•DiplomainInsurance;or•3A-levelsorequivalent

Creditsavailableforpriorlearning? No Yes Yes Yes

RecordofAchievementissuedforeachexampass?

Yes Yes Yes Yes

Completioncertificate/diplomaawarded? YesAwardfortheFoundationInsuranceTest

YesCertificateinInsurance

YesDiplomainInsurance

YesAdvancedDiplomainInsurance

CIImembershipdesignation No CertCII,CertCII(LondonMarket),CertCII(CustomerService),CertCII(HealthandProtection),CertCII(Claims)6

CIImembersareentitledtouseoncompletion

DipCII,DipCII(Claims)6

CIImembersareentitledtouseoncompletionACII6

CIImembersareentitledtouseoncompletion

OfficeofQualificationsandExaminationsRegulation(Ofqual)approved?Note:Fundingmaybeavailableforapprovedexaminations(contactCustomerServiceformoreinformation)

YesLevel2

YesLevel3

Notatthetimeofgoingtoprint–seehttp://register.ofqual.gov.ukforlatestinformation

Notatthetimeofgoingtoprint–seehttp://register.ofqual.gov.ukforlatestinformation

key

fact

s

Notes:

TobeawardedaCIIqualification,youmustobtain,byCIIexamination,courseworkassessmentordissertation,apassinaunitfromthequalificationthatyouarelookingtocomplete,andmeetthequalificationcompletionrequirements.Theserulesapplyirrespectiveofhowmanycreditsyourexistingqualificationsmightprovide.

1. Atthetimeofgoingtoprint,amaximumof30creditsobtainedfromfinancialplanningqualifications(CIIorcomparableawardedbyanothereducationalbody)cancounttowardstheCertificate.Pleasenote:theserulesarecurrentlyunderreview–anychangeswillbepublicisedin2013

2. Atthetimeofgoingtoprint,amaximumof60creditsobtainedfromfinancialplanningqualifications(CIIorcomparableawardedbyanothereducationalbody)cancounttowardstheDiploma.Pleasenote:theserulesarecurrentlyunderreview–anychangeswillbepublicisedin2013

3. Atthetimeofgoingtoprint,amaximumof180creditsobtainedfromfinancialplanningqualifications(CIIorcomparableawardedbyanothereducationalbody)cancounttowardstheAdvancedDiploma.Pleasenote:theserulesarecurrentlyunderreview–anychangeswillbepublicisedin2013

4. CertificatecandidatescansatisfythecompulsoryunitrequirementbyholdingeitherunitIF1ortheAwardinLondonMarketinsurance(unitsLM1andLM2)

5. InplaceofunitP92,DiplomaandAdvancedDiplomacandidatescanalsosatisfythebusinessunitrequirementbyholdingunit530or(thenowwithdrawnunit)P04

6. ContinuingProfessionalDevelopmentandCodeofEthicsrequirementsapply.

Key factsLearning support

Learning supportLearningstylesandpreferencesvaryfromcandidatetocandidate.Thisinfluencestheirmethodofstudyandhelpsdeterminethetypeoflearningsupporttheyprefer.

Toaccommodatethesedifferentrequirementswehavedevelopedacomprehensivesuiteoflearningandrevisionaidsthatcatersforallstylesoflearning.Notonlythat,theycanimprovecandidates’chancesofachievingthatall-importantpass.

Differentaidsareavailableaccordingtothequalificationbeingstudiedfor.

Enhanced study programmesAtDiplomalevelandAdvancedDiplomalevelwetypicallyoffercandidatestheoptiontotesttheirknowledgeastheyprogressandtoreceiveexpertfeedbackontheirunderstandingandquestion-answeringtechniquebycompletingwrittenassignmentsmarkedbyasubjectmatterexpert.

Thecontinuousassessmentoptionincludesaseriesofassignments,markedbyanexperttutorandreturnedwithcomments.Successfulcompletionofthisstudyprogrammealsoresultsinanawardof10%towardstheexamresult.

Revision coursesDeliveredbysubjectmatterexperts,theseareproventoboostthechancesofexamsuccessbyasmuchas50%.

Achoiceofcoursesaretypicallyavailable,rangingfromsingle-daycoursestointensivemultiple-dayworkshopstoeveningcourses.

Exam guidesTheseprovideeitheracompletespecimenoranactualpaper,togetherwithanswers,providinghintsandtipsonhowtopass.ThecontentofthelatestexamguideisincludedFREEwithintheRevisionMatestudytoolprovidedwithCertificate,DiplomaandselectedAdvancedDiplomalevelstudytextpurchases.

Key fact bookletsPocket-sizedsummariesofthecorelearningtext,idealforusewhentravellingtoandfromworkorothersituationswherestudyfromthemaintextisimpractical.

RevisionMateAvailablefreewhenyoupurchaseastudytextforCertificate,DiplomaandmostAdvancedDiplomaexamunits,RevisionMateisacomprehensiveonlinestudytool.Itprovidesaccesstoasuiteofservicesincludingstudyplanners,studentdiscussionforums,hintsandtipsandaccesstootheractivitiestohelpenhanceandbroadenyourknowledge.

LEARNAvailableforFITandCertificatelevelunitsIF1–IF8,thisonlinelearningserviceprovidesunrivalledinteractivelearningandrevisiontoolstoassiststudybackedbyself-assessmenttools.

Fulldetailsonthelearningandrevisionmaterialsavailableforeachqualificationcanbefoundintherelevant‘Informationforcandidates’brochuresavailableatwww.cii.co.uk/qualificationsorfromCustomerService.

98

exam

ples

How does the framework work in practice?

Example 1 – Award for the Foundation Insurance TestInrecognitionoftheenormousdiversitywithintheinsurancemarket,thequalificationsframeworkhasbeendesignedtobeasflexibleaspossible,allowingcandidatesfromacrosstheindustrytochoosearoutethatsatisfiestheirneedsandpreferences.

Toprovideaflavourofhowtheframeworkworksinpractice,oppositeandoverleafareafewexamplesofhowqualificationscanbeobtainedfordifferenttypesofroleswithintheindustry.

Ascanbeseen,therequirementsandaspirationsofindividualsfromallsectorsandatalllevelscanbeaccommodated.

Stephen,arecentrecruittothecallcentreofadirecthouseholdinsurer,studiesandpassestheFoundationInsuranceTestaspartofhisinductionprogramme.

Thissingleunitcoursegiveshimanessentialgroundingininsurance:

•howthemarketoperates;

•coreprinciplesandprocedures;and

•keypersonalinsuranceproducts.

FITalsoincludesfullmembershipoftheCIIprovidingarangeofbenefitswhichcanassisthiminstudyingforFITandprovideessentialsupportinhisworkinglife.

OnpassingFIT,StephenreceivesaRecordofAchievementandacompletioncertificate,indicatinghehascompletedtheAwardfortheFoundationInsuranceTest.HiscreditswillalsocounttowardsstudyfortheCertificateinInsuranceshouldhewishtocontinuehisstudies,developinggreatertechnicalknowledge.

FoundationInsuranceTest–6credits

JillisawardedtheCertificateinInsuranceuponcompletion.AsamemberoftheCIIandalsoaholderoftheIF4claimsunitsheisentitledtousethedesignation‘CertCII(Claims)’.ThecreditsobtainedforcompletingtheCertificatewillcounttowardsstudyforhigherlevelCIIqualificationsshouldshecontinueherstudies.

(IF1)Insurance,legalandregulatory

15credits

(IF4)Insuranceclaimshandlingprocess

15credits

(IF5)Motorinsuranceproducts

15credits

Example 3 – Certificate in Insurance

Jill,amotorclaimshandlerinacallcentre,entersandpassesthreeCertificateunits:thecompulsorypaper‘Insurance,legalandregulatory’andtheoptionalunits‘Insuranceclaimshandlingprocess’and‘Motorinsuranceproducts’.

Witheachunitworth15credits,Jillpassesthe40creditthresholdforcompletionoftheCertificate.

CertificateinInsurance(minimum40creditsrequired)

ChrisisawardedtheDiplomainInsuranceoncompletionandasamemberoftheCIIisentitledtousethedesignation‘DipCII’.HiscreditswillcounttowardsstudyfortheAdvancedDiplomashouldChriscontinuehisstudies.

Example 4 – Diploma in Insurance

Chris,anaccounthandlerinacommercialbrokerage,entersandpassesatDiplomalevelthecompulsoryunits,‘Insurancebusinessandfinance’,and‘Insurancelaw’.HethenpassesfurtherDiplomaunits,‘Insurancebrokingpractice’,‘Commercialpropertyandbusinessinterruption’and‘Liabilityinsurances’.

Thisamountstoatotalof120Diplomalevelcredits,meetingtherequirementsforpassingtheDiplomainInsurance.

(P92)Insurancebusinessandfinance

25credits

(P05)Insurancelaw

25credits

(P81)Insurancebrokingpractice

20credits

(P93)Commercialpropertyandbusinessinterruption

25credits

(P96)Liabilityinsurances

25credits

DiplomainInsurance(minimum120creditsrequired)

JayisawardedtheAwardinLondonMarketInsurance.HeisalsoexemptfromunitIF1(thecompulsoryunitfortheCertificateinInsurance)soshouldhewishtofurtherhisstudiestocompletetheCertificate,hecandosobysittingoneotherCertificateunitofchoicetogainthenecessarycredits.IfhecompletestheCertificateandjoinsasamemberoftheCII,hewillbeentitledtousethedesignationCertCII(LondonMarket).

Example 2 – Award in London Market Insurance

JayhasjuststartedworkingforaLloyd’ssyndicateasatechnicalassistant.Hedealswithunderwriters,brokersandcoverholderssoneedsabroadunderstandingoftheLondonmarket,aswellasamoredetailedunderstandingofsomeofthetechnicalissues.

Hesits‘Londonmarketinsuranceessentials’togaintheessentialgrounding,followedby‘Londonmarketinsuranceprinciplesandpractices’tobroadenhisknowledgeandgainmoredetailedtechnicalknowledge.

(LM1)Londonmarketinsuranceessentials

10credits

(LM2)Londonmarketinsuranceprinciplesandpractices

15credits

AwardinLondonMarketInsurance–25credits

1110

exam

ples

How does the framework work in practice?

Example 5 – Advanced Diploma in Insurance

JosieworksforaLloyd’ssyndicateasapropertyunderwritingassistantandhasaspirationsofbecomingapropertyunderwriter.Tothisend,shenowwantstostudyfortheAdvancedDiploma.

ShehasalreadycompletedtheAwardinLondonMarketInsuranceandtheDiplomainInsurance,passingtheDiplomaunits‘Insurancebusinessandfinance’,‘Insurancelaw’and‘Commercialpropertyandbusinessinterruption’,andtheAdvancedDiplomaunit‘Advancedunderwriting’.TheAwardinLondonMarketInsuranceprovides25credits,theDiplomaunitsprovideatotalof75creditsandtheAdvancedDiplomaunit30,amountingto130creditsinall.

InordertocompletetheAdvancedDiploma,Josierequiresanother160credits(withatleast100oftheseatDiplomaleveloraboveand60tocomefromfurtherAdvancedDiplomaunits).SheentersandpassestheAdvancedDiplomaunits‘Economicsandbusiness’,‘Riskmanagement’,‘Advancedclaims’,and‘Insurancecorporatemanagement’aswellasfurtherDiplomaunits‘Commercialinsurancecontractwording’and‘Reinsurance’.TheAdvancedDiplomaunitsareworth30creditseach,andtheDiplomaunitsareworth50furthercredits,givingatotalof170andamountingto300creditsinall.Josiemeetsthe290creditthresholdforAdvancedDiploma,includingthespecifiedcombinationofcredits.

(LM1)Londonmarketinsuranceessentials

10credits

(LM2)Londonmarketinsuranceprinciplesandpractices

15credits

(P92)Insurancebusinessandfinance

25credits

(P05)Insurancelaw

25credits

(P93)Commercialpropertyandbusinessinterruption

25credits

(960)Advancedunderwriting

30credits

DiplomainInsurance(minimum120creditsrequired)

JosieisawardedtheAdvancedDiplomainInsuranceoncompletionand,asamemberoftheCII,sheisentitledtousethedesignation‘ACII’.Shecanalsoapplyfor‘CharteredInsurer’statusandhastheoptiontocontinueherstudiestowardsFellowshipifshewishes.

(530)Economicsandbusiness

30credits

(655)Riskmanagement

30credits

(820)Advancedclaims

30credits

(990)Insurancecorporatemanagement

30credits

(P21)Commercialinsurancecontractwording

20credits

(P97)Reinsurance

30credits

AdvancedDiplomainInsurance(minimum290creditsrequired)

Forher‘majorachievement’,Menadecidestoobtainanadditionalprofessionalqualification:theCII/CassBusinessSchoolMScinInsuranceandRiskManagement.ThroughtheMScMenaexploresthegrowingrelationshipbetweeninsurance,riskmanagementandfinancialservicesdevelopinghertechnicalunderstanding.

AsaholderoftheAdvancedDiploma,Menacantakeafast-trackroutetocompletionoftheMScviaexemptionsfromfourofthecompulsoryeightcoremodules.Shemusttakefourcoremodulesandselectthreeelectivemodulesaswellascompletingadissertation(orbusinessresearchproject).

Asapart-timestudentshecompletesthisin20months,ratherthanthetwoyearsitwilltypicallytakepart-timenon-AdvancedDiplomaholders.

MenacompletesherMScandfulfilsalltheFellowshiprequirements.SheisawardedtheFellowshiponcompletionand,asamemberoftheCII,isentitledtousethedesignation‘FCII’.Sheisalsoentitledtousethedesignation‘MSc’.

Continuingprofessionaldevelopment(CPD)

Businessethicsprogramme(BEP)

Majorachievement

Statementofpersonaldevelopment(SPD)

Submissionofthreeyears’CPDrecords

Completingadistancelearningcourseprovidingaframeworkfortheethicalandmoralissuesthatshefacesintheworkplace

Undertakingoneofthefollowing:aninsurance-relateddissertation;awork-basedprojectreport;afurtheracademicorprofessionalqualification;oraportfolioofpublishedworks

ThesubmissionofastatementsummarisingthelearninganddevelopmentshehasgainedthroughtheFellowshipprogrammeandhowherfutureprospectswillbehelpedthroughherachievement

Example 6 – Fellowship (including the MSc in Insurance and Risk Management)

Menaworksasaregionalunderwritingmanagerwithinalargecommercialinsurer.Shejoinedfromuniversityontoagraduatetrainingprogrammeand,aspartofhertraining,completedtheAdvancedDiplomainInsurance.AsamemberoftheCIIthisallowedhertoattainthedesignation‘ACII’.

Uponcompletingfiveyears’workexperience,sheappliedforandwasawarded‘CharteredInsurer’status.Menaiskeentocontinuetoadvancehercareer.Sheseesongoingstructuredprofessionaldevelopmentasessentialtothefulfilmentofherambitions.

MenadecidestoenrolontheFellowshipprogramme.

Thisinvolveshermeetinganumberofrequirementsrelatedtoadvancedprofessionaldevelopment:

Inrecognitionoftheenormousdiversitywithintheinsurancemarket,thequalificationsframeworkhasbeendesignedtobeasflexibleaspossible,allowingcandidatesfromacrosstheindustrytochoosearoutethatsatisfiestheirneedsandpreferences.

Toprovideaflavourofhowtheframeworkworksinpractice,oppositeandontheprecedingpageareafewexamplesofhowqualificationscanbeobtainedfordifferenttypesofroleswithintheindustry.

Ascanbeseen,therequirementsandaspirationsofindividualsfromallsectorsandatalllevelscanbeaccommodated.

12

Forfurtherinformationonanyofthecoursesorqualificationsmentionedinthisbrochure,includingdetailsonhowtopurchase,visitwww.cii.co.ukorcontactCustomerService.

2013‘Informationforcandidates’brochures:

•FoundationInsuranceTest–Ref:ICI001(11/12)

•AwardinLondonMarketInsurance–Ref:ALM001(11/12)

•Certificate/Diploma/AdvancedDiplomainInsurance–Ref:ICI005(11/12)

•PrinciplesofTakaful–Ref:TAK001(11/12)

•Fellowship–Ref:CMISC005(11/12)

•MScinInsuranceandRiskManagement–Ref:IMF001(11/12)in

form

atio

n Further information

fram

ewor

k CII insurance qualifications framework

(530) Economics and business

(590) Principles of Takaful

(991) London market insurance specialisation

(945) Marketing insurance products and services

(655) Risk management

(820) Advanced claims(930) Advanced insurance broking

(990) Insurance corporate management

Fellowship (Designation: FCII)

Advanced Diploma in Insurance (Designation: ACII)

MSc in Insurance and Risk Management

unit credit rating

30 credits

50 credits

(P61) Life, critical illness and disability underwriting1

(P63) Long term insurance business1

(P64) Private medical insurance practice1

(IF9) Customer service in insurance

(P62) Life, critical illness and disability claims1

(P91) Aviation and space insurance

(P97) Reinsurance

Diploma in Insurance (Designations: Dip CII, Dip CII (Claims))

30 credits

(P96) Liability insurances(P94) Motor insurance

(P93) Commercial property and business interruption

(P90) Cargo and goods in transit insurances

(P05) Insurance law

COMPULSORY UNIT*

25 credits

Key: unit code: ( ) unit credit rating: X credits

* To satisfy the Diploma and Advanced Diploma compulsory unit requirements you can either pass units P92 and P05 or alternatively 530 and P05

** To satisfy the Certificate compulsory unit requirements you can either pass unit IF1 or alternatively the Award in London Market Insurance (achieved by completing units LM1 and LM2) 1 These units will be examined for the first time in April 2013, with study material becoming available

in December 2012

(P21) Commercial insurance contract wording

(P81) Insurance broking practice

(P85) Claims practice (P86) Personal insurances

(P80) Underwriting practice

20 credits

(FIT) Foundation Insurance Test

Certificate in Insurance (Designations: Cert CII/Cert CII (Claims)/Cert CII (London Market)/ Cert CII (Customer Service)/Cert CII (Health and Protection))

Award for the Foundation Insurance Test

6 credits

(P92) Insurance business and finance

COMPULSORY UNIT*

(IF1) Insurance, legal and regulatory

COMPULSORY UNIT**

(IF3) Insurance underwriting process

(IF5) Motor insurance products

(IF8) Packaged commercial insurances

(IF6) Household insurance products

(IF2) General insurance business

(IF4) Insurance claims handling process

(IF7) Healthcare insurance products

15 credits

(LM2) London market insurance principles and practices

(LM1) London market insurance essentials

10 credits

(960) Advanced underwriting

(P98) Marine hull and associated liabilities

“Professionalism is central to our business – we are an enthusiastic signatory to the Aldermanbury Declaration and are proud to have achieved corporate Chartered Insurers status. Knowledge and technical capability are building blocks of our success, and CII qualifications, from the Certificate through to Fellowship, are a key element of our skills development programme for both technical and non-technical roles.

We encourage and fund study for CII examinations because the resulting qualifications send out such a powerful message to clients and business partners. They inspire consumer and regulatory confidence whilst enhancing technical knowledge and career development for the individual. We provide comprehensive learning and revision support including face-to-face training courses, interactive on-line study and continuous assessment enrolment, and pay for CII membership for our staff where appropriate, again promoting the importance of professionalism in all we do.

Jo SmithHead of Technical Training Zurich Insurance plc ”

NEW

NEW NEW

NEW

CII qualifications are hugely important at the Towergate Business School, providing a crucial technical and business foundation.

Insurance roles at Towergate require an appropriate CII qualification and they are integral to our recruitment and retention policy. A large percentage of our underwriting, claims and broking people are continuously engaged in professional study and all have active CPD programmes.

The qualification structure allows people to study relevant subjects at the right level and enables us to promote career development to support the business.

We are hugely proud of our corporate Chartered Insurance Brokers and Chartered Insurers status and our commitment to the Aldermanbury Declaration, which all recognise our commitment to employee development and the provision of excellent customer service.

Fiona AndrewsPartner & Group Head of Organisational DevelopmentTowergate Insurance

The Chartered Insurance Institute 42–48 High Road, South Woodford, London E18 2JPtel: +44 (0)20 8989 8464 fax: +44 (0)20 8530 3052 email: customer.serv@cii.co.uk website: www.cii.co.uk

Ref: CII – IOB001 (11/12)C12J_7333

CII insurance qualifications framework2013 Overview brochure

www.cii.co.uk

Enhancing professionalism

across the insurance

market

© The Chartered Insurance Institute 2012

CHARTERED INSURER, CHARTERED INSURANCE BROKER, CHARTERED INSURANCE PRACTITIONER, FCII, ACII, Dip CII and Cert CII are registered collective marks and THE CHARTERED INSURANCE INSTITUTE, CII and the CII logo are registered trade marks of The Chartered Insurance Institute.

A CENTURY OF PROFESSIONALISM

Join the growing community of professionals who are supporting their studies and career aspirations through membership of the CII.

As a member you will enjoy the following exclusive benefits:

• Access to an online library containing a comprehensive range of insurance and financial services publications, reports and documents to support study and workplace performance

• Free access to an archive of exam guides for written exams

• Discounts on learning materials, revision courses and exam entry – typically saving around 19%

• Accessible career support through local CPD events, industry training and networking opportunities (UK, Channel Islands and Isle of Man only)

• The Journal, a member publication delivering the latest news and analysis of the full spectrum of insurance topics

And ongoing support for your career:

• Upon completion of your qualification, use of the appropriate designation – Cert CII, Dip CII, ACII, FCII and Chartered status – to demonstrate knowledge and technical capability

• Market and technical updates

• Continuing Professional Development (CPD) programme to keep your knowledge current and compliant.

Membership costs from as little as £5.87 a month by Direct Debit.UK tax-payers can claim income tax relief on

membership fees.

To sign up contact us on 020 8989 8464 or visit www.cii.co.uk/join

Belonging to the CII has made a real difference to my development as an insurance professional. It helped my studies and supports me in my career, providing the tools that I need to keep up-to-date with developments.

Michael Muzio ACII Chartered InsurerUnderwriting and Claims Director, Towergate