Gain On-the-Job Skills
See what skills you'll gain from the online Associate in Insurance Accounting and Finance (AIAF).
Skills You Can Use Right Away
Earn your Associate in Insurance Accounting and Finance (AIAF) so you can:
- Prove your value to your organization by learning how to assess an insurer’s overall strength by analyzing its financial statements.
- Determine the impact of loss reserves and case reserves on an insurer’s financial condition.
- Better understand how insurers maximize risk management strategies while also complying with evolving regulations.
- Effectively manage an insurer’s operational, financial, and strategic risks.
- Build your strategic management skills to become vital to your organization’s future.
- Learn fundamental investment strategies to contribute to an insurer’s profitability.
Score Higher With Exam Prep Tools
Learn more about the proven exam prep materials included with your course.
Score Higher With Our Exam Prep Materials
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. 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
Better 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 flashcards that help you fit studying into your busy schedule.
Is AIAF Right for You?
Here are some common FAQs to help you get the answers you need.
Wondering if AIAF is right for you?
Who should take AIAF?
AIAF is for risk management and insurance professionals who want to master the skills needed to prepare and analyze insurer financial statements while effectively balancing risk management and regulatory requirements.
Does earning this designation give me credit toward others?
Yes! Completing this program may earn you credit toward:
- CPCU
- Associate in Fidelity and Surety Bonding (AFSB)
- Associate in Insurance Data Analytics (AIDA)
- Associate in Management (AIM)
- Associate in Marine Insurance Management (AMIM)
- Associate in Personal Insurance (API)
- Associate in Premium Auditing (APA)
- Associate in Regulation and Compliance (ARC)
- Associate in Reinsurance (ARe)
- Program Business Professional (PBP)
AIAF at a Glance
Gain on-the-job skills you can use right away with the AIAF designation.
Program details include:
- 4 courses, plus ethics
- 12-15 month completion time
- 100% online courses
- Virtual exams for all courses
- Mailed diploma upon completion
Ready-Made Career Skills:
- Insurance Accounting
- Financial Statements
- Valuation
- Finance
- Risk Management
- Internal Audits
- Capital Management
Build your skills in insurance accounting and finance with the following courses:
- AIAF 320: Insurer Accounting and Finance Principles
- AIAF 321: Managing Insurer Risk and Capital
- CPCU 520: Meeting Challenges Across Insurance Operations
- CPCU 540: Contributing to Insurer Financial Performance
Ethical Decision Making in Risk and Insurance is a free course that's required for all designations, including AIAF.
- Better understand how insurers value and manage assets to maximize profitability.
- Effectively examine premium accounting issues and their impact on insurer financial statements.
- Determine how an insurer implements its credit policy to ensure prompt receipts of payment and to minimize losses from credit defaults.
- Solve strategic business challenges with a comprehensive view of the insurance landscape.
- Identify and implement key financial metrics to better evaluate an organization’s financial health and stability.
Not Ready for AIAF? We've got you covered.
Try one of these to get started and gain the skills you need to advance your career.
Associate in Insurance
.Select the program path that matches your career goals and gain foundational knowledge in risk management and insurance.
Insurance Accounting
.Develop a thorough understanding of Generally Accepted Accounting Principles (GAAP), Statutory Accounting Principles (SAP), and various financial statements so you can make better business decisions for your organization and your customers.
