Guernsey Diploma in International Insurance Management

Course Details

Cost: £300 (for Channel Islands’ residents)

Length: Three months self-study

Start Date: Anytime

Course Overview

The three-month Diploma in International Insurance Management is a new certificated qualification developed by the Sagacious Group of experienced insurance professionals in conjunction with the Guernsey International Insurance Association (GIIA) and the GTA University Centre.

This self-study qualification has been designed as a follow-on to the Certificate in International Insurance Management (the completion of which is a pre-requisite) for those wishing to take their understanding and knowledge of the Guernsey international insurance industry to the next level.

The Diploma is assessed by way of a 5,000-word dissertation chosen by the candidate and approved by the moderators allowing the candidate to demonstrate that they have undertaken research in their chosen area and their original thought in the area.

Course Content

This topic of the diploma will be developed by the candidate from topics in the following areas:

Captives including domiciles, feasibility, initial decision making at set-up, formation and licencing and exit strategies
Guernsey Insurance law including the regulatory environment in Guernsey
Calculating solvency
The role of the Insurance Manager
Underwriting – General Business and Employee Benefits
Credit Ratings
Insurance Policy Administration
Reinsurance Protection
Claims and Reserving
Accounting
Investments and loans
Taxation
Compliance
Governance, Conduct and Ethics
Professional Advisors and Services including bankers, actuaries, auditors, asset managers, brokers and claims handlers
The role of the company secretary
Index linked Securities
Long term business
Pension longevity hedging
Managing General Agents and Delegated Authority Underwriting
Commercial General Insurance

Course Benefits

This course will help those working in the sector demonstrate their expertise in their chosen topic relating to the Guernsey international insurance industry. This will help them to extend their knowledge of the subject, better understand their roles, and progress their careers whilst completing study in a specific area relevant to the industry.

Assessment

5,000-word dissertation on a topic selected by the candidate and agreed by the moderators..

Prerequisites

The candidate must have successfully completed and passed the Certificate in International Insurance Management exam in order to apply to sit the Diploma in International Insurance Management. The content of the programme requires students to possess:

a sound educational background; and
good written English skills

Next Steps

If you would like to book a place on this course please see link here and click on the ‘Register Interest’ button and one of the GTA University Centre team will contact you to advise the next steps and get you started on your diploma.