Overview
Gain the skills you need to effectively balance risk management strategies with regulatory requirements in a rapidly evolving landscape. Through this course, you will learn how insurers handle operational, financial, and strategic risks, the value of collaboration between risk management and internal audits, and more.
Skills You’ll Gain
Better understand how insurers maximize risk management strategies while also complying with evolving regulations.
Effectively manage an insurer’s operational, financial, and strategic risks.
Determine how an insurer implements its credit policy so you can ensure clients receive prompt payments while also minimizing losses from credit defaults.
Identify various types of financial risks and examine the value of collaboration between risk management and internal audits 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 321 comes with proven, comprehensive study materials to help you pass The Institutes Designations' exam with confidence:
- Printable Study Outline: Perfect for taking notes, the printable study outline has key points for each assignment and review questions (and answers!) to help you test your knowledge as you move through the course.
- Practice Quizzes: Quickly see where your knowledge gaps are with online practice quizzes for each assignment and for the full course. Plus, you can take them as many times as you want.
- Simulated Exam: Designed to give you the full experience of your final exam, the simulated exam is a timed exam that you can take only once. It mimics the exam structure and level of questions you’ll find on the actual exam. Students who take their Institutes simulated exam pass their exams at higher rates than students who don’t.
- Discussion Boards: Understand how concepts you're learning apply to real-life, professional experiences by connecting, gaining tips, and sharing best practices with other individuals in your field.
- Flashcards: Test yourself on key terms with printable flashcards to help you fit studying into your busy schedule.
FAQs
- Does this course give me credit toward The Institutes Designations?
- Yes! AIAF 321 gives you credit toward the Associate in Insurance Accounting and Finance (AIAF) designation.
- How long does the course take?
- AIAF 321 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?
- Course materials include the online course, printable study outline, practice quizzes, flashcards, discussion boards, and a simulated exam.
- 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.