III Slides

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• Siobhan Wynne
• Head of Education Training
• Presentation to
• BA and BBS students at
• the University of Limerick

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EDUCATIONAL PROGRAMME
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Who are TheInsurance Institute of Ireland ?

• Leading Professional Educational body for the
  Insurance industry since 1885
• We currently have over 4,500 members
• Represented countrywide by 6 local institutes
• Provides an internationally recognised programme
  of education.
• Forges strong relationships with other bodies to
  promote insurance education
• Provides extensive training courses facilities

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What does TheInsurance Institute of Ireland do ?

• Provide quality education, training and
  development programmes
• Set high standards of professionalism
• Maintains a high level of service and support to
  members, students and the industry itself

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What is competency ?

• The ability to give consistently good advice to
  clients which arises from knowledge, experience
  and good business habits.
• Drive for higher competence levels arises from
  media coverage, consumer pressure, creation of a
  single regulatory authority, etc.

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Why study with us ?

• The Insurance Institute of Ireland is dedicated
  to the development of professional people through
  education and training for the insurance and
  related financial services sectors

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What does TheInstitute offer ?

• General Insurance Foundation Course
• Insurance Foundation Certificate
• Financial Planning Diploma
• Diploma of Insurance Practice
• Associateship

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Education Programme
Fellowship
INTERGRATED PROGRESSIVE
ACII
Diploma of Insurance Practice
Financial Planning Diploma
Insurance Foundation Certificate
Basic Pensions Course
GIFC
Non-life Stream
Life Stream
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Associateship
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ACII

• For Career professionals who wish to advance
  their professional standing.
• Highest professional qualification that can be
  gained by exam.
• Holders can apply to use the letters ACII after
  their name.
• Consists of ten subjects

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Associateship
Compulsory
Min Max
1 2
1 5
1 5
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Exemption Entitlements for BA (Int. Insurance)
ACII SUBJECT CONDITIONS FOR AWARD 510 Risk
and insurance All graduates can
claim 520 Company and contract law Dependent on
IN4706 530 The business environment All
graduates can claim 570 Financial aspects of
long-term business Dependent on IN4715
IN4748 655 Risk management Dependent on
IN4703 925 Ins. and the single European
market Dependent on IN4738 935 Principles and
practice of mgt in ins Dependent on IN4735
MG4101 MG4102 945 Marketing Dependent
on IN4735 (MK0428 OR MK0488)
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Exemption Entitlements for BBS Risk and Insurance
ACII SUBJECT CONDITIONS FOR AWARD 510 Risk
and insurance All graduates can claim 530 The
business environment All graduates can
claim 655 Risk management Dependent on
IN4305 935 Principles and practice of mgt in
ins. Dependent on IN4427 MG4101
MG4102 945 Marketing Dependent on
MK4204 IN4427
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Choosing your subjects

• Depending on your job - strongly advised to
  consult your employer or educational secretary of
  your local institute.
• Recommended to begin with three core subjects.
• Must complete at least one technical and one
  specialist subject.
• Four remaining subject are taken at your choice.

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Advantages Disadvantages of the ACII

• Disadvantages
• Time Commitment
• Degree Level course on a self study basis

• Advantages
• Specialises into seven selected modules
• Designatory internationally recognised title of
  ACII
• Substantial Recognition for career progression

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Commitment

• Exams are held twice a year
• Each subject has one three hour paper
• A commitment of four hours a week over six months
  for each subject you take
• Optional continuous assessment is available for
  some subjects

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Paperwork

• You must be a member of the Institute to commence
  studies
• If you are a first time student for the Diploma
  ACII you must register as a student
• Please refer to the exam standards exemptions
  in the handbook and submit the necessary
  education qualification
• If you have a previous degree qualification you
  can apply for exemptions at no cost. Fees only
  apply if exemption granted.

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Irish Instituteof PensionManagers

• The Insurance Institute of Ireland administers
  educational programs for the IIPM designed for
  people who work in the Pensions area
• 4 subjects - Intro. To Pension Schemes
• Law
• Taxation Scheme Design
• Qualification is C.Dip (Pen)

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Commitment

• Exams are held twice a year
• Each subject has one three hour paper
• A commitment of five / six hours a week over six
  months for each subject you take
• Correspondence courses are available for all
  subjects

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Student Support

• Tutorials can be provided In-House
• Study Techniques course run twice annually
• Study aids, such as key fact cards, audio tapes,
  CBT on certain subjects
• Library open to all students
• Availability of past papers

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Advantages ofMembership

• Reduced Education Costs
• Access to advice on Examinations Careers
• Access to lectures,seminars and social events
  which give you an opportunity to meet other
  students and qualified industry leaders
• Continuing Professional Development

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Start on anEducation Programme

• Decide on the level you want to study at
• Become a member of the Institute
• Purchase the course book and register as a
  student and register for the examinations
• Exams held throughout the year

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Our Challenge isto DevelopYour Career !
Contact The Insurance Institute of Ireland on 01
- 6772582