Advanced Diploma Course in Reinsurance

The West African Insurance Institute is pleased to present this interactive two (2) semester on- line course, structured as a series of eight (8) modules, each module building on the knowledge gained in other modules. Participants will actively put skills learned to test through engaging exercises, group discussions, case studies, simulations, and syndicate work.
The faculty members, drawn from the West African sub-region, will be on hand to provide advice and practical examples implementable by the participants. This also affords participants a multi-cultural and sub-regional learning experience.

COURSE OBJECTIVES/LEARNING OUTCOMES

At the end of the course participants will:
• Understand basic reinsurance
• Know the types and methods of reinsurance
• Determine the reinsurance need for all classes of insurance business and stages of an organisation’s growth
• Know and understand the reinsurance market
• Design and implement reinsurance strategy and programme
• Know reinsurance accounting
• Understand reinsurance pricing
• Interpret reinsurance contracts, law, and clauses
• Apply technology and innovations to reinsurance operations

TARGET PARTICIPANTS

The following persons and organizations will benefit immensely from this course:
• All persons (staff or self-employed) whose responsibilities revolve around an insurance and/or reinsurance companies
• Insurance agencies, and/or reinsurance brokerages, or microinsurance offices
• Underwriters, Reinsurance Staff, Accountants, Risk and Compliance staff
• Internal insurance auditors
• Actuaries and Financial Advisors
• Regulators

COURSE ELIGIBILITY/REQUIREMENT

Prospective participants shall:
• Hold the WAII Diploma in Insurance or its equivalent; OR
• Have relevant work experience in an (re)insurance office

COURSE FEE: US$1,500 per participant (Covers tuition, course materials and project/thesis supervision)

• Available Discounts:

✓ 5% discount for sponsors of three (3) or more participants in the same course set
✓ Additional 5% discount if payment is made before the start date of the course