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Reinsurance - Level 4

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142 STUDENTS
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Overview

Reinsurance – Level 4 is designed to teach you how insurance and reinsurance are related and what role does a policyholder play in a reinsurance case. The course will teach you how reinsurance contracts are different from insurance contracts.

The course will teach you how reinsurance comes into play to satisfy the requirements of the buyers and the stakeholders involved. Reinsurance – Level 4 will teach you how the buyer who is also known as reinsured looks to reduce his losses which can result from perilous situations.

Reinsurance – Level 4 looks at the different needs of the insurer and how these needs are fulfilled via the corporate strategies put in place by the insurer along with other interrelated issues. The various types of reinsurance will also be considered along with the design, the pricing, contract wordings and the legal issues that stem from reinsurance cases.

Why You Should Consider Taking this Course at 1Training?

1Training is a leading online provider for several accrediting bodies and provides learners with the opportunity to take this exclusive CPD course. At 1Training, we give our fullest attention to our learners’ needs and ensure they have the necessary information required to proceed with the training.

Learners who register will be given excellent learning support, discounts for future purchases and be eligible for a TOTUM Discount card and Student ID card with amazing offers and access to retail stores, the library, cinemas, gym memberships and their favourite restaurants.

Learning outcomes      

  • Gain an in-depth understanding of reinsurance and its different types
  • Get to know the stakeholders that are involved in a reinsurance case.
  • Gain an understanding of the contract wordings
  • Understand the legal matters regarding reinsurance cases
  • Gain an in-depth understanding of reinsurance markets and their features.
  • Learn to identify insurance from reinsurance
  • Gain an understanding of how reinsurance practices are integrated into the business

Key Features

Gain an accredited UK qualification

Access to excellent quality study materials

Learners will be eligible for TOTUM Discount Card

Personalized learning experience

One year’s access to the course

Support by phone, live chat, and email

  • Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended

 

  • Reinsurance underwriters
  • Reinsurance claim specialists
  • Internal Audit and Accounting employees
  • Reinsurance Brokers

In order to pass the course ‘Reinsurance – Level 4’ learners will complete an online quiz which will be immediately marked, with learners knowing right away whether they’ve passed the test.

Upon the successful completion of the course, you will be awarded the Certificate for ’Reinsurance – Level 4’ by CPD.

Access Duration

The course will be directly delivered to you, and you have 12 months of access to the online learning portal from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the sessions at any time.

Awarding Body

CPD is a leading awarding body in the United Kingdom that meets an excellent standard of high-quality education. CPD is committed to the enhancement of proficiency and personal skills in order to develop learners’ skills and abilities. CPD ensures that both practical and academic qualifications assist individuals to re-skill or up-skill and maintain a competitive advantage in their chosen industry.

Career Path & Progression

The Certificate for ‘Reinsurance – Level 4’ will improve your candidature for a number of jobs across multiple sectors.  You can study further related courses that will open the door to new and exciting opportunities and enhance your expertise in this subject, and add this as a skillset on your resume. Your skills will be recognized by leading employers and top organisations that will enable you to land a generous-paying job, plenty of benefits and a wide array of opportunities. Given below are job titles you can compete for, along with the average UK salary per annum according to https://www.glassdoor.com

  • Reinsurance Underwriter £57K(approximately)
  • Reinsurance Broker £90K
  • Learners should be over the age of 16 and have a basic understanding of English, ICT and numeracy.
  • A sound educational background is recommended

 

  • Reinsurance underwriters
  • Reinsurance claim specialists
  • Internal Audit and Accounting employees
  • Reinsurance Brokers

In order to pass the course ‘Reinsurance – Level 4’ learners will complete an online quiz which will be immediately marked, with learners knowing right away whether they’ve passed the test.

Upon the successful completion of the course, you will be awarded the Certificate for ’Reinsurance – Level 4’ by CPD.

Access Duration

The course will be directly delivered to you, and you have 12 months of access to the online learning portal from the date you joined the course. The course is self-paced and you can complete it in stages, revisiting the sessions at any time.

Awarding Body

CPD is a leading awarding body in the United Kingdom that meets an excellent standard of high-quality education. CPD is committed to the enhancement of proficiency and personal skills in order to develop learners’ skills and abilities. CPD ensures that both practical and academic qualifications assist individuals to re-skill or up-skill and maintain a competitive advantage in their chosen industry.

Career Path & Progression

The Certificate for ‘Reinsurance – Level 4’ will improve your candidature for a number of jobs across multiple sectors.  You can study further related courses that will open the door to new and exciting opportunities and enhance your expertise in this subject, and add this as a skillset on your resume. Your skills will be recognized by leading employers and top organisations that will enable you to land a generous-paying job, plenty of benefits and a wide array of opportunities. Given below are job titles you can compete for, along with the average UK salary per annum according to https://www.glassdoor.com

  • Reinsurance Underwriter £57K(approximately)
  • Reinsurance Broker £90K
Course Curriculum Total Units : 8
1. Setting the Stage: Rationale for Reinsurance
Setting the stage: rationale for reinsurance
2. Types of Reinsurance (Part i): Proportional Reinsurance
Types of reinsurance (part i): proportional reinsurance
3. Types of Reinsurance (Part ii): Non-Proportional Reinsurance
Types of reinsurance (part ii): non-proportional reinsurance
4. Pricing of Reinsurance Treaties
Pricing of reinsurance treaties
5. Pricing of Non Proportional Reinsurance
Pricing of non proportional reinsurance
Mock Exam
Mock Exam: Reinsurance Level 4
Final Exam
Final Exam : Reinsurance Level 4
Certificate Download Guide
Certificate Download Guide
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