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FLMI INDIA
Overview
FLMI INDIA Course Requirements and Descriptions
For more information
Overview
LOMA's Fellow, Life Management
Institute (FLMI) Program offers real-world insight into the operations and
management of the insurance industry. The FLMI program will expand your
knowledge, increase your confidence and improve your overall performance.
Now, LOMA has customized the program content for
Indian insurance professionals pursuing the FLMI designation. In addition to the
award-winning FLMI textbooks, LOMA now offers supplemental booklets that guide
the student's study of both the primary text and specially developed material on
Indian regulations, case studies, best practices and more. FLMI India
examinations cover the core textbooks and the customized curriculum.
FLMI
INDIA Course Requirements
and Descriptions
LOMA 280 INDIA: Principles of Insurance: Life,
Health and Annuities (India)
Review and fundamentals of the business, providing an up-to-date overview of:
*How insurance works
*Policy elements, provisions, and pricing
*Types of life, health, and retirement plan coverages
LOMA 290 INDIA: Insurance Company Operations
(India)
Overviews company formation, structure, function and how various departments:
*Develop, price and
distribute products
*Handle
underwriting, customer service and claims
*Perform accounting, investment management and
compliance duties
LOMA 301 INDIA: Insurance Administration (India)
Presents a broad overview of administration practices, drilling down into
critical functions such as:
*Underwriting individual
life and health coverage, group coverage and supplemental coverage
*Reinsurance forms, treaties and administration
*Claims administration for life, long-term care,
disability income, and critical illness
LOMA 311 INDIA: Business Law for Financial Services Professionals (India)
Teaches critical skills to understand the legal environment in which
international insurance and financial services companies operate including:
*General business law
principles including contract law, agency law, and property law
*Legal rights and obligations of financial services
companies
*Ways to protect your property
LOMA 320 INDIA: Life and Health Insurance Marketing (India)
Reviews the various elements involved in selling insurance products, offering a
unique perspective on:
*Strategic and marketing
planning
*Consumer and organizational buyer behavior
*Distribution channel concepts and systems
LOMA 336 INDIA: Management and Administration of Insurance Agencies
(India)**
Explains the technical and interpersonal skills and knowledge needed by
non-sales field office and home office employees who interact with financial
services sales agents. Explains in depth:
*Agency operations and
agency law
*Personal selling distribution systems and support
*Compliance and ethics
*Managing, motivating, and leading people
LOMA 351 INDIA: Financial Services Environment
(India)
Provides an understanding of the financial system, financial markets, and
financial institutions. Learn the role of:
*Finance companies and
financial conglomerates
*Securities markets and firms
*Central banks and monetary policy
LOMA 356 INDIA: Investment Principles and Institutional Investing (India)
Provides an orientation to investing in an institutional setting. Learn about
the:
*Investment Environment
*Principles of investing in both individual securities
and portfolios
*Roles and processes of risk management of
institutional investing
LOMA 361 INDIA: Accounting and Financial Reporting in Life Insurance
Companies (India)
Shows how your company structures and reports its earnings, giving you a crucial
understanding of:
*Internal control
and auditing
*Accounting for
assets, liabilities, capital, surplus, revenues, and expenses
*Regulatory supervision of financial condition
LOMA 371 INDIA: Managing for Solvency and Profitability in Life Insurance
Companies (India)
Shows how companies handle:
*Product design,
modeling and testing
*Premium calculations and benefit costs
*Reserves and cash values for life insurance annuities
**In India, LOMA 330: Management Principles and
Practices and LOMA 336 India: Management and Administration of Insurance
Agencies (India) satisfy the same course credit.
For
more information:
For more information about how to get started with the FLMI India program, contact:
LOMA's International Division
Phone: 770.984.3760
E-mail:
intl@loma.org
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