Overview
Learn how emerging technology has transformed underwriting so you can put commercial underwriting principles into practice today. After completing AU 60, you’ll be able to determine an appropriate premium, use data and financial statements to review an application, evaluate an organization’s operations and culture, and more.
Skills You’ll Gain
Leverage various sources of data to effectively evaluate insurance applications and determine appropriate coverage and premiums
Analyze commercial financial statements and operations so you can gauge the health of applicants and take on reasonable risks
Effectively monitor underwriting performance so you can maintain your organization’s financial strength
Collaborate with colleagues and work together to help your organization reach its strategic goals
Ready-Made Career Skills:
- Data Analysis
- Financial Statements
- Insurance Operations
- Commercial Underwriting
- Collaboration
- Risk Assessment
Assignments
Exam Prep Tools
AU 60 comes with proven, comprehensive study materials to help you take The Institutes Designations' exam with confidence:
- Learn, Study, Practice: A structured learning experience that provides a clear path through your course, helping you know what to do next as you build knowledge, reinforce key concepts, and prepare for exam day.
- AI Learning Support: Get help when you need it with an AI-powered tool built directly into your course. Ask questions, get explanations, and stay focused as you work through more challenging concepts.
- Mobile App: A flexible and convenient way to study whenever and wherever it works for you. Listen to audio versions of your course material and complete exam practice questions, turning commutes, errands, and downtime into productive study sessions.
- Exam Practice Questions: Prepare for your exam with interactive practice questions that reinforce key concepts and help you build familiarity with the content and format of the actual exam.
- 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.
FAQs
- Does this course give me credit toward The Institutes Designations?
- Yes! AU 60 gives you credit toward the CPCU, Associate in Commercial Underwriting (AU), Associate in Insurance (AINS), and Associate in Surplus Lines Insurance (ASLI) designations.
- How long does the course take?
- AU 60 typically takes students 4-6 weeks to complete.
- How is The Institutes Designations' exam structured?
- Virtual exams are timed. You will have 65 minutes to complete 50 questions.
- 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.