Advanced Diploma in Life Assurance Management

The West African Insurance Institute is pleased to present this highly 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 Eligibility/Requirement

Prospective participants shall:

• Hold the WAII Diploma in Insurance or its equivalent; OR
• Have relevant work experience

Course Fee: US$1,500 (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 courses
Course Objective:
Uniquely designed to develop participant’s capacity for both life assurance technicalities and effective management of a life office, exceeding stakeholders’ expectations

Target participants:

• All persons (staff or self-employed) whose responsibilities revolve around a life office or life
agency
• Life micro-insurance offices
• Agents, Underwriters, Accountants, Risk and Compliance staff
• Financial Advisors and Retirement Advisors
• Regulators

Learning Outcome

At the end of the course participants will demonstrate ability for the following:
• Understand Life Assurance principles and practice
• Understand the principles and applications of Annuity
• Apply underwriting and reinsurance strategies for profitability
• Develop and Administer Agency System efficiently
• Design and Implement Reassurance Strategy and Programme
• Apply Basic Actuarial Principles to Life assurance and Annuity
• Proffer advice on retirement planning and benefits administration
• Manage life office profitably and exciting the customer
• Manage life fund profitably within regulatory standards
• Apply technology and innovations to life office operations
• Execute corporate strategy for customer service