Preparing for the Future Now Professional Designations University

Preparing for the Future Now: Professional Designations Ø University Associate Certified Ø Ø Ø Insurance Counselor University Associate Certified Risk Manager ICCIE Associate in Captive Insurance Certified Employee Benefits Specialist The Institutes Associate in Risk Management Chartered Property Casualty Underwriter

Why Complete Courses towards or a Professional Designation? ü Shows commitment to insurance field ü Many exams contain material you have already learned ü Exams waived based on course credit ü Exam cost reimbursed after passing the exam (Note: you must follow the exam reimbursement procedures) ü It’s best to take them when you are more conditioned for exam taking ü GPA equalizer on a resume ü Some companies require for certain positions or promotions 2

University Associate Certified Insurance Counselor (UACIC) University Associate Certified Risk Manager (UACRM) 3

The National Alliance Programs Skill Enhancement Leadership Foundational • 145, 000 Active Participants • Live Instruction from Risk and Insurance Practitioners • Online and Classroom Programs The. National. Alliance. com

UACIC/UACRM- Additional Information • Career paths • Risk management (CRM), Sales (CIC), Insurance Company (CIC/CRM) • A University Associate Designation is • • A professional designation A pathway to the CIC or CRM professional designations (2 of 5 courses) • Opportunity to complete CIC or CRM while at Temple. • Courses • • Online Greater second course flexibility

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Additional Information • Will Hold, CEO- 2019 GIS Conference • GIS Membership and The National Alliance • GIS Website- Professional Designations

Associate in Captive Insurance (ACI) 9

International Center for Captive Insurance (ICCIE) • Associate in Captive Insurance (ACI). • Earn a B or better in: • • • RMI 3505 Risk Financing, and RMI W 4597 Managing Risk Across the Enterprise To qualify to waive the first course: An Introduction to Alternative Risk Financing Mechanisms. • For more detail about the ACI see https: //iccie. org/programs/

International Center for Captive Insurance • • • ACI Curriculum Core Required Courses • • An Introduction to Alternative Risk Financing Mechanisms Business Ethics in the Captive Insurance Industry Forming and Operating a Captive Investment Basics for Captives Predicting Risk and an Introduction to Actuarial Science Reinsurance and Other Risk Transfer Mechanisms Understanding Risk and Risk Retention Mechanisms Students must also complete two electives 11

International Center for Captive Insurance • If interested in the ACI please contact Margaret Welch at: • Student Support Specialist ICCIE margaret@iccie. org • 802 -651 -9050 or toll free 1 -866 -60 -ICCIE 12

Certified Employee Benefit Specialist (CEBS) 13

CEBS Program Designations ● Specialty designations ● Group Benefits Associate (GBA) ● Retirement Plans Associate (RPA) ● Highest program designation: CEBS ● Can use designation upon completion of exams ● No work experience requirement 14

Group Benefits Associate (GBA) Complete these CEBS Courses: ●GBA 1 - Directing Benefits Programs Part 1 (RMI 3501) ●GBA 2 – Directing Benefits Programs Part 2 (RMI 4596) ●GBA/RPA 3 – Strategic Benefits Management (RMI 3501 + RMI 3503 + RMI 4596) 15

Retirement Plans Associate (RPA) Complete these CEBS Courses: ●RPA 1—Directing Retirement Plans Part 1 (RMI 3503) ●RPA 2—Directing Retirement Plans Part 2 ●GBA/RPA 3 – Strategic Benefits Management (RMI 3501 + RMI 3503 + RMI 4596) 16

CEBS Required Courses ● GBA 1—Directing Benefits Programs Part 1 ● GBA 2—Directing Benefits Programs Part 1 ● RPA 1—Directing Retirement Plans Part 1 ● RPA 2—Directing Retirement Plans Part 2 ● GBA/RPA 3 - Strategic Benefits Management 17

CEBS Exam Details ● 2 -hour exam. 100 Multiple Choice questions. ● Study Options: Study Guides, Textbook, Online Study, Practice Exams ● Exam is taken at a Prometric testing center ● Testing Quarters ● Jan 1 to Mar 31 ● Apr 1 to Jun 30 ● July 1 to Sept 30 ● Oct 1 to Dec 31 18

CEBS Exam and Study Material Costs ● No Registration Fee ● Exam cost for full time student: $115 (75% discount) Student fee reimbursed if you pass exam Study Guide – print + online access: $225 Study Guide– online access only ● ● ● $30 for Temple students Discounted Textbooks 19

Associate in Risk Management (ARM) 20

Associate in Risk Management • Major changes coming in the Spring of 2020. • Moving from a TRM approach to an ERM approach • The Institutes are replacing ARM 54, 55, and 56 with ARM 400, 401, and 402. • The Institutes we will continue to sell the ARM 54 -56 textbooks into the spring 2020 semester. 21

Associate in Risk Management • Another part of this change is that ARM 56/ERM 57 will no longer serve as a CPCU waiver, and ARM 400 -402 will not serve as waivers either. 22

Chartered Property Casualty Underwriter (CPCU) 23

CPCU Requirements Pass 8 exams 2. Work in the industry for 24 months 3. Complete on-line ethics exam (free) ● Online Catalog: 1. https: //www. theinstitutes. org/guide/catalog 24

Required Exams ● ● CPCU 500 – Foundations of Risk Management (RMI 2101) CPCU 520 – Insurance Operations (Waived if B or better in RMI 3502) CPCU 530 - Business Law for Insurance CPCU 540 – Finance and Accounting for Insurance (Waived if you have an MBA) 25

Two Tracks or Concentrations #1 (Commercial Lines) ● ● ● CPCU 551 – Commercial Property Insurance (RMI 3504 – 70%) CPCU 552 – Commercial Liability (RMI 3504 – 70%) CPCU 553 - Survey of Personal Risk Management, Insurance, and Financial Planning #2 (Personal Lines) ● CPCU 555 – Personal Risk Management ● CPCU 556 – Personal Financial Planning (Waived if you have a CEBS designation) ● CPCU 557 - Survey of Property and Casualty Insurance (Waived if B or better in 3504) 26

Electives – Choose 1 ● ● ● ● ● AAI 83—Agency Operations and Sales Management AIC 34—Workers Compensation and Managing Bodily Injury Claims AIC 35—Property Loss Adjusting AIC 36—Liability Claim Practices ARe 144—Reinsurance Principles and Practices ARM 56—Risk Financing AU 65—Commercial Underwriting: Principles and Property AU 66—Commercial Underwriting: Liability and Advanced Techniques CPCU 560—Financial Services Institutions ERM 57—Enterprise-Wide Risk Management: Developing and Implementing 27

Exam Details ● ● ● ● ● Multiple choice Cost for full time student is 50% off (need letter from Michelle Henry) Student fee reimbursed if you pass exam Learning – Courses, Self Study, Textbook, Study Guide, Practice Exams Exam is taken at a testing center Exam Windows Oct 15 to Dec 15 Jan 15 to Mar 15 Apr 15 to Jun 15 July 15 to Sept 15 28

Exam Reimbursements 29

Requirements for Reimbursement ● Undergraduate or graduate declared risk management and insurance major ● Paid member of Gamma Iota Sigma for current academic year ● Level One Achievement in the Risk Management and Actuarial Science Leadership Development Program (RAD) ● Cannot miss more than two Gamma Wednesday meetings for each semester ● Submit the 2020 -2021 exam reimbursement form along with the required documentation to Michelle Henry. ● Please pay close attention to the reimbursement deadline dates found on the exam reimbursement form 30

DEPARTMENT OF RISK, INSURANCE & HEALTHCARE MANAGEMENT 2020 -2021 Exam Fee Reimbursement Policy • To request reimbursement for passing AIDA, ARe, ARM, CPCU and CEBS professional examinations, you must be an undergraduate or graduate declared risk management and insurance major; a paid member of Gamma Iota Sigma for the 2020 -2021 academic year; and have achievement in Level One in the Risk Management and Actuarial Science Leadership Development Program (RAD). Please see reimbursement deadlines below. Please note that only the exam fee at the student rate (50% of the original cost) will be reimbursed. In order to get 50% off the registration fee, you must be a full-time student. To request a student verification letter, please email your name, TU ID# and class roster to mmhenry@temple. edu. No screen shots please. • First Exam Window: Monday, 6/1/20 – Friday, 1/15/21 – students must pass the exam during this time period. • Cannot miss any more than two Wednesday meetings of Gamma Iota Sigma [including the first organizational meeting] during the fall 2020 semester. REIMBURSEMENT DEADLINE: FRIDAY, 1/22/21 • Second Exam Window: Saturday, 1/16/21 – Friday, 5/21/21 – students must pass the exam during this time period. • Cannot miss any more than two Wednesday meetings of Gamma Iota Sigma [including the first organizational meeting] during the spring 2021 semester. REIMBURSEMENT DEADLINE: FRIDAY, 6/11/21 31