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PBP 402: Understanding Program Administrator Contracts and Submissions

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Overview Skills You’ll Gain Exam Prep Tools FAQs
Overview

Overview

Gain skills to successfully interpret the unique features of program administrator contracts and master submissions. By completing PBP 402, you’ll be able to effectively navigate the program submission process, understand the details of program administrator contracts, and master the intricacies of contract and agency law so you can more effectively collaborate with key stakeholders. 

4-6 WEEKS
Leadership

Skills You’ll Gain

checkmark Master the intricacies of contract and agency law to more effectively collaborate with key stakeholders

checkmark Better interpret the unique features of program administrator and insurer contracts to build and maintain key business relationships

checkmark Effectively navigate the program submission process to position yourself for success

checkmark Understand the details of program administrator contracts to help you clearly define the roles and expectations of both the program administrator and the insurer  

Ready-Made Career Skills

  • Contract Law
  • Agency Law
  • Strategic Collaboration
  • Stakeholder Management
  • Business Decision Making
  • Critical Thinking

Assignments

Assignment 1:
Contract and Agency Essentials
60 Minutes
Assignment 2:
Evaluating Program Administrator Contract Concepts
20 Minutes
Assignment 3:
Examining the Program Submission Process
15 Minutes
Assignment 4:
Additional Aspects of Program Submissions
15 Minutes
Assignment 5:
Concluding the Submission Process
10 Minutes
Study Plan

Exam Prep Tools

This course comes with proven, comprehensive study materials to help you take The Institutes Designations’ exam with confidence:

  • Interactive Online Course: Learn at your own pace through a structured learning experience and modules featuring animations, video, question/answer scenarios, and more.
  • Mobile App: A flexible and convenient way for you to assess your understanding anytime, anywhere.
  • Practice Questions: Test your understanding throughout the course with knowledge checks and exam practice questions designed to reinforce key concepts, identify areas for review, and help you prepare with confidence.
  • Simulated Exam: Strengthen your readiness using a timed exam that mirrors the structure and difficulty of the actual exam. Students who complete the simulated exam pass at higher rates than those who don't.
  • Study Outlines: Reinforce your learning with study outlines designed to help you take notes and review the material as you progress through the course, with the option to print.
  • Resources: Take advantage of optional learning resources to reinforce your understanding and support your personal study routine.

Try PBP for Free!

Sample PBP in just 30-45 minutes to make sure it's the right fit for you. 

FAQ

FAQs

  1. Does this course give me credit toward a designation?
    • Yes! PBP 402 gives you credit toward the Program Business Professional® (PBP™) designation.
  2. How long does the course take?
    • PBP 402 typically takes students 4-6 weeks to complete.
  3. How is the exam structured?
    • Virtual exams are timed. You will have 65 minutes to complete 50 questions.
  4. How do testing windows work?
    • We offer 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 

*Exam windows that close on a weekend will be extended to the following business day.