Overview
Better understand the insurer regulatory environment and enterprise risk management's role in the changing regulatory landscape. Through this course, you will learn about the advantages of risk management, how to properly handle operational, financial, and strategic risks in your organization, the value of collaboration between risk management and internal audits, and more.
Skills You’ll Gain
Understand the advantages of risk management so you can apply its benefits to organizations and the overall economy.
Effectively apply enterprise risk management strategies to operational, financial, and strategic risks in your organization.
Determine how an insurer implements its credit policy to ensure prompt receipts of payment and to minimize losses from credit defaults.
Identify the various types of financial risks faced by your organization and examine the value of collaboration between risk management and internal audit so you can accurately monitor and report on risk management activities.
Ready-Made Career Skills:
- Risk Management
- Enterprise Risk Management
- Internal Audits
- Financial Risk Management
- Capital Management
Assignments
Exam Prep Tools
AIAF 115 comes with proven, comprehensive study materials to help you pass The Institutes Designations' exam with confidence:
- Online Course, Textbook and Course Book: Learn in the format that works best for you depending on the course package you choose.
- Practice Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. You can take them as many times as you want!
- Flashcards & Review Notes: Test yourself on key terms and topics for each assignment with flashcards and review notes that help you fit studying into your busy schedule if you select the recommended or standard course package.
FAQs
- Does this course give me credit toward The Institutes Designations?
- Yes! AIAF 115 gives you credit toward the Associate in Insurance Accounting and Finance (AIAF) designation.
- How long does the course take?
- AIAF 115 typically takes students 6-8 weeks to complete.
- How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- What’s included in my course materials?
- Your course materials include an online course, assignment quizzes and practice exams. Depending on the package you choose, you may also receive a printed course guide and textbook as well as flashcards and review notes.
- How do testing windows work?
- We offer The Institutes Designations' exams in 4 testing windows throughout the year.* You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
- Quarter 1: January 15 – March 15
- Quarter 2: April 15 – June 15
- Quarter 3: July 15 – September 15
- Quarter 4: October 15 – December 15
- We offer The Institutes Designations' exams in 4 testing windows throughout the year.* You can complete your exam at any time in the testing window that you registered for. Access your exam from your account when the window opens and complete any time until 11:59 p.m. ET on the final day of the window.
*Exam windows that close on a weekend will be extended to the following business day.