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Associate in Insurance Accounting and Finance (AIAF™)

Learn the practices and procedures used to prepare insurer financial statements by earning The Institutes Designations AIAF.

4 Core Courses
Understand insurance accounting and finance
Apply ethical frameworks to your day-to-day job
Stand out with your AIAF designation

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
  • 12-18 month completion time
  • Choice of multiple study packages
  • Virtual exams for all courses
  • Mailed diploma upon completion

Ready-Made Career Skills:

  • Insurance Accounting
  • Financial Statements
  • Valuation
  • Finance
  • Risk Management
  • Internal Audits
  • Financial Risk Management
  • Capital Management

Build your skills in insurance accounting and finance with the following courses:

Ethical Decision Making in Risk and Insurance is a free course that's required for all designations, including AIAF.

  • Assess your organization’s financial strength by better understanding and applying the NAIC Annual Statement.
  • Effectively examine premium accounting issues to understand implications they have on insurer financial statements.
  • 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. 

AIAF Designation

Total Requirements:
Average Completion Time:
12-18 Months

Still Wondering if AIAF is Right for You?

Here are some final facts to help you decide if this is the right designation for your role as well as your future career goals.

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My Courses

When you're working toward your educational goals, it's important to stay focused and create a schedule that works for you.

That’s why you can quickly and easily access your online courses online, anytime, so you can get what you need to develop the skills your role requires.

Within your online course you will have access to:

  • Course assignments
  • Glossary of key terms
  • Practice exams and more
Take me there
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Is a Designation Worth It?

If you have questions about whether to pursue a designation versus an MBA, why our students choose The Institutes Designations programs, or where to begin, we’ve got the answers! Download our guide, “Take Your Career to the Next Level,” to learn why a designation is worth the investment. 

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.

Designation Most Popular

Associate in Insurance


Select the program path that matches your career goals and gain foundational knowledge in risk management and insurance.

Topic Course Most Popular

Insurance Essentials


Gain a basic understanding of risk management and insurance concepts. Learn key terms and definitions, understand the different types of insurance, and explore how insurance affects society and the economy.