16.02.2015 Views

DRIVING PROFESSIONAL STANDARDS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

<strong>DRIVING</strong> <strong>PROFESSIONAL</strong> <strong>STANDARDS</strong><br />

2015 MII PROGRAMME DIRECTORY<br />

ASSOCIATESHIP -<br />

INSURANCE<br />

The Associateship of The Malaysian Insurance Institute (AMII)<br />

is an exclusive professional qualification programme tailored to<br />

the needs of the business and industry. This qualification is seen<br />

as a requirement for leadership positions within the insurance<br />

industry in many countries. Graduates will gain a comprehensive<br />

understanding of insurance and reinsurance management<br />

principles that are an important part of every senior executive’s<br />

responsibilities.<br />

The AMII designation is valued as a national standard in<br />

insurance professional benchmark, appropriate for the<br />

insurance industry’s most advanced qualification, which gives its<br />

holder the credibility as a competent, skilled and experienced,<br />

and receives adequate education to provide outstanding and<br />

reliable insurance services and advice.<br />

On completion of this programme students automatically<br />

become fully qualified members and are able to use an AMII<br />

post-nominal designation to be recognised for their elevated<br />

knowledge and skills.<br />

Key Learning<br />

Outcomes<br />

Rewards of<br />

Programme<br />

Who Should<br />

Attend<br />

Minimum Entry<br />

Requirements<br />

Awarded<br />

Certificate<br />

Further<br />

Education<br />

AMII International Class<br />

The AMII International Class is an intensive study programme<br />

offered to international participants in Kuala Lumpur, Malaysia<br />

on full - time basis with study duration of about 20 months. This<br />

programme has attracted participants from Japan, Vietnam,<br />

Thailand, Indonesia, Brunei, Cambodia, Oman, India, Maldives,<br />

Iran, Bangladesh and many others.<br />

This programme is aimed to develop graduates’ advanced knowledge in;<br />

• The practical concept of risk and insurance<br />

• The insurance market place<br />

• The principles of conventional insurance and reinsurance<br />

• The regulatory requirements on the insurance industry<br />

• The types of insurances available in the market place<br />

• The underwriting and claims procedures and be able to apply them to given situation<br />

• Promotes a strong understanding of both practical and theoretical insurance knowledge<br />

• Holistic approach and learning that covers insurance management, legal and regulatory requirements, risk<br />

management, current and emerging work-based issues and challenges, all from the insurance perspective<br />

• Provides the graduate with a comprehensive understanding of strategic leadership and advanced<br />

management principles in preparation for a leadership and management role<br />

• A comprehensive programme with a focus on applied career-specific knowledge<br />

• Provides advanced standing to attain the FMII<br />

• AMII certificate awarded upon completion<br />

• AMII post-nominal designation awarded upon election<br />

• Ambitious insurance professionals whose career aspirations include a leadership and management role<br />

• Individuals who wish to obtain the industry’s most advanced qualification<br />

• Senior Executives, Managers<br />

• HSC/STPM /GCE A/Diploma /Degree or higher<br />

• or, DMII/GDMII<br />

Certification will be awarded by The Malaysian Insurance Institute (MII) upon satisfactory completion of the<br />

programme and passing the DMII examination.<br />

The AMII qualification is the first step towards the Associateship of the Chartered Insurance Institute (ACII).<br />

Title<br />

Venue<br />

Programme<br />

Schedule<br />

Programme<br />

Outline<br />

Subject and<br />

Credit Points<br />

Requirements/<br />

Accreditation<br />

of Prior<br />

Learning<br />

Assessment<br />

(Examination)<br />

7.03 Associateship of MII (AMII)<br />

7.04 Associateship of MII (AMII) - International<br />

Duration<br />

Time<br />

2 - 3 months, (42 hrs) per subject 6.00 pm to 9.00 pm<br />

The Malaysian Insurance Institute City Centre<br />

Suite 6.0W, 6th Floor, Wisma Sime Darby, Jalan Raja Laut, 50350 Kuala Lumpur, Malaysia.<br />

One subject would require up of three (3) months of preparation that comprises of 42 to 48 lecture hours,<br />

tests, final examination and study break.<br />

*Please see updated course schedule in MII 2015 Programme Calendar or visit www.insurance.com.my<br />

Students are advised to register ONE month before the commencement of the respective intakes.<br />

Credit<br />

• 109 Insurance Business & Finance (compulsory)<br />

• 105 Insurance Law (compulsory)<br />

• AL34 Life & Disability Underwriting<br />

• AL88 Life Insurance<br />

• AMM100 Underwriting Management<br />

• AMM68 Marketing<br />

• AG52 Risk Management<br />

• AM101 Claims Management<br />

• AL103 Private Medical Insurance<br />

• AC32 The Business Environment<br />

• 112 Reinsurance* (optional – for DMII holder)<br />

Total Credits: 290<br />

DMII Proceeding to AMII<br />

Diploma/<br />

Associateship<br />

Credits<br />

Required Credits No of MII Papers Earned Credits MII<br />

Qualification/<br />

Designation<br />

120 170 6 290 DMII<br />

A DMII graduate proceeding to the AMII needs to achieve a minimum of 170 credits to be awarded the AMII.<br />

Inclusive Compulsory Subjects 105 and 109.<br />

Entry at Associate level<br />

Diploma Credits No of MII Papers Earned Credits MII Qualification/<br />

Designation<br />

290 11 290 AMII<br />

A student who enters at the Associate level has to achieve the minimum 290 credits threshold to be awarded<br />

the AMII. Inclusive Compulsory Subjects 105 and 109.<br />

Accreditation of Prior Learning<br />

*Credits of subject exemptions may be awarded for prior learning by submitting the exemption form with the<br />

necessary supporting documents.<br />

Assessment Structure<br />

Class Based<br />

• Course work (eg. attendance, assignments, project paper and tests) = 50%<br />

• Final examination (short answer questions, case study and essay) = 50%<br />

Duration for each paper: 3 hours<br />

Pass mark = 55/100<br />

Subject Course Work Final Examination<br />

30 credits 50% 50%<br />

Below 30 credits 40% 60%<br />

*Except for subject 112 Reinsurance – falls under category of below 30 credits<br />

Self-Study<br />

• Final examination (short answer questions, case study and essay) = 100%<br />

Duration for each paper: 3 hours<br />

Pass mark = 55/100<br />

Marks Letter Grade Status<br />

Less than 55 X, Y, Z Fail<br />

55-69 P Pass<br />

70-100 D Distinction<br />

25<br />

25<br />

30<br />

30<br />

30<br />

30<br />

30<br />

30<br />

30<br />

30<br />

30<br />

140 141

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!