Professional Certificate in General Insurance (Underwriting)
This course introduces the fundamentals of the role of an underwriter to students without formal education in underwriting. The students would learn about the processes involved in decision-making with regard to underwriting.
Candidates will learn about best practices in general insurance underwriting in respect of 6 different streams of study and this will be beneficial especially to those employed in the underwriting of risks. Professional Certificate in General Insurance (Underwriting) is awarded upon successful completion of each stream.
Upon completion of the programme, a PCGIU holder is eligible to apply for MII Certificate membership and upon payment of the requisite MII membership fee, to be accorded CertMII designation and digital badge.
A PCGIU holder is also eligible for exemption of 7 credits if he / she pursues AMII level 1.
Recommended For:
Candidates will learn about best practices in general insurance underwriting in respect of 6 different streams of study and this will be beneficial especially to those employed in the underwriting of risks. Professional Certificate in General Insurance (Underwriting) is awarded upon successful completion of each stream.
Upon completion of the programme, a PCGIU holder is eligible to apply for MII Certificate membership and upon payment of the requisite MII membership fee, to be accorded CertMII designation and digital badge.
A PCGIU holder is also eligible for exemption of 7 credits if he / she pursues AMII level 1.
Recommended For:
It is suitable for new underwriters and working underwriters without formal education in underwriting. Those involved in marketing and claims are also recommended to enroll.
Minimum Entry Requirement:
SPM/GCE ‘O’ Level or equivalent or higher
Modes of Exam:
- Computer‐Based Exam (CBE) - Click here to check our examination centre locations
- Virtual Computer-Based Exam (VCBE) - Take your exam anytime and anywhere. See below for VCBE requirements.
Course Objective:
The objective of the programme is to ensure that personnel involved in underwriting would attain the minimum standards and quality in terms of knowledge, technical skill and competency. The combination of both practical and theoretical aspects of the underwriting field provided in the programme will support underwriters in their career development and job advancement.
The objective of the programme is to ensure that personnel involved in underwriting would attain the minimum standards and quality in terms of knowledge, technical skill and competency. The combination of both practical and theoretical aspects of the underwriting field provided in the programme will support underwriters in their career development and job advancement.
Learning Outcomes:
At the end of the programme, participants would be able to:
- define the roles and functions of an underwriter.
- monitor the underwriting and referral processes and adhere to established guidelines.
- supervise the implementation of the underwriting guidelines for standard risks and the processing of non-standard risks based on established underwriting guidelines.