2010 Education and Training Catalog - Who-sells-it.com
2010 Education and Training Catalog - Who-sells-it.com
2010 Education and Training Catalog - Who-sells-it.com
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Professional Designation Programs<br />
Associate, Insurance Regulatory Compliance (AIRC)<br />
Required courses<br />
Principles Insurance Operations Law 1 Marketing Operational Compliance Product Compliance<br />
LOMA 280<br />
or<br />
LOMA 281<br />
or<br />
LOMA 286<br />
LOMA 290<br />
or<br />
LOMA 291<br />
LOMA 311<br />
or<br />
LOMA 316<br />
LOMA 320<br />
or<br />
LOMA 326<br />
AIRC 410 AIRC 420<br />
Students must <strong>com</strong>plete one course from each subject category to earn the AIRC designation.<br />
1<br />
Students who already have cred<strong>it</strong> for LOMA 310 or LOMA 315, which are no longer offered, automatically receive AIRC cred<strong>it</strong> for the Law course.<br />
Associate, Insurance Regulatory<br />
Compliance (AIRC)<br />
Compliance is one of the most cr<strong>it</strong>ical issues facing life <strong>and</strong><br />
health insurers today. LOMA’s Associate, Insurance Regulatory<br />
Compliance (AIRC) Program will provide you w<strong>it</strong>h a <strong>com</strong>prehensive<br />
knowledge base of the <strong>com</strong>plex issues surrounding state <strong>and</strong><br />
federal regulation of the life <strong>and</strong> health insurance industry <strong>and</strong><br />
products. The AIRC Program will help you underst<strong>and</strong><br />
•Compliance concepts, terms, processes, <strong>and</strong> regulatory<br />
requirements<br />
•How states <strong>and</strong> the federal government regulate insurance<br />
<strong>com</strong>panies<br />
•What to expect during financial examinations <strong>and</strong> market<br />
conduct examinations<br />
•What kinds of filings states need on life insurance products,<br />
health insurance products, <strong>and</strong> annu<strong>it</strong>ies<br />
•When, how, <strong>and</strong> why federal secur<strong>it</strong>ies laws apply to the sale<br />
of financial products<br />
•What specific regulations govern insurance, including life,<br />
health, pensions, annu<strong>it</strong>ies, cred<strong>it</strong> insurance, <strong>and</strong> group<br />
products<br />
Associate, Reinsurance<br />
Administration (ARA)<br />
Reinsurance plays a v<strong>it</strong>al role in the financial services<br />
industry. LOMA’s Associate, Reinsurance Administration<br />
(ARA) Program will help you grasp reinsurance principles,<br />
the importance of the wr<strong>it</strong>ten reinsurance agreement,<br />
<strong>and</strong> the administration <strong>and</strong> aud<strong>it</strong>ing of reinsurance<br />
business.<br />
The ARA Program will help you underst<strong>and</strong><br />
•Key players <strong>and</strong> the reasons for using reinsurance<br />
•Laws <strong>and</strong> regulations affecting reinsurance<br />
transactions<br />
•Provisions of a reinsurance agreement <strong>and</strong> how they<br />
affect the administration of reinsurance transactions<br />
•Processes involved in the administration of new<br />
business, in-force business, <strong>and</strong> terminations of<br />
reinsurance<br />
Associate, Reinsurance Administration (ARA)<br />
Principles<br />
LOMA 280<br />
or<br />
LOMA 281<br />
or<br />
LOMA 286<br />
Insurance<br />
Operations<br />
LOMA 290<br />
or<br />
LOMA 291<br />
Insurance<br />
Administration<br />
Required courses<br />
LOMA 301 LOMA 311<br />
or<br />
LOMA 316<br />
or<br />
AIRC 410<br />
or<br />
AIRC 420<br />
Law/Compliance 1 Accounting 2 Reinsurance<br />
Administration<br />
LOMA 361 ARA 440<br />
Students must <strong>com</strong>plete one course from each category to earn the ARA designation.<br />
1<br />
Students who already have cred<strong>it</strong> for LOMA 310<br />
or LOMA 315, which are no longer offered,<br />
automatically receive ARA cred<strong>it</strong> for the Law/<br />
Compliance course.<br />
2<br />
Students who received cred<strong>it</strong> for FLMI 360 in<br />
1987 or later automatically receive ARA cred<strong>it</strong><br />
for the Accounting course.<br />
16 1-800-ASK-LOMA (Option 1)
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