Accounting for Insurance Professionals

MQF Level 7

6 ECTS

Accounting for Insurance Professionals

Start
TBA 2023
Module Type
Compulsory
Price
€695
ECTS Credits
6 ECTS
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Module Description

The Accounting for Insurance Professionals module is intended to provide students with detailed knowledge of accounting concepts which impact general and life re/insurance companies, captives, and others in the industry (e.g., cell companies, brokers, and intermediaries). Starting with the basic principles of accounting as relevant to insurance operations, the intention of this module is to give students a good understanding of what is required in terms of financial reporting and, more importantly, the interpretation and practical application of such knowledge. 

Furthermore, students will gain knowledge on the relevant frameworks which impact technical reserves, investments, reporting, etc and will be able to analyse and understand financials and formulate strategic decisions on their basis.

 

 

Target Audience

  • People seeking for academic advancement within this area of study.
  • Individuals who have been working professionally in the industry for a number of years and would like to substantiate their knowledge through a recognised qualification and/or are looking to move ahead in their careers.

Career Paths

The potential positions for which this programme aims to prepare could be and are not limited to:

  • Claims: Claims Handler, Surveyor, Claims Senior Executives
  • Insurance Compliance Officer
  • Insurance Advisor
  • Insurance Business Analyst / Consultant.
  • Insurance Operations Senior Executives.
  • Insurance Product and Business Development Senior Executives.
  • Risk Management Senior Executives.
  • Underwriting Senior Executives.
  • Anti-Money Laundering Managers.
  • Money Laundering Reporting Officer and their deputies and managers with responsibilities for internal AML controls.

How you’ll be assessed

The method of assessment is assignment-based.

The course comprises:
• 6 lectures per module;
• 3-hour lectures (evening);
• 12 hours of online content per module, comprising synchronous online discussions, tutorials and/or videos.

Assignment
Discussions

Module Intake Dates

TBA 2023
Malta
Price
€695
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