Who Attends

• Newly recruited professionals who need to learn about the industry
• Emerging leaders who need a broader perspective of the business
• Skilled professionals with roles expanding beyond a single business unit

Highlights

To succeed, new hires and emerging leaders need a solid understanding of the industry and business in which they work. Insurance Immersion can help! This unique, instructor-led program explains and connects key concepts to promote a holistic view of the life insurance business, which improves collaboration and decision-making.

New in 2022

Course Credit Toward LOMA Designation Programs

Starting January 2022, Insurance Immersion participants will receive credit for LOMA’s FLMI Level 1 Certificate in Insurance Fundamentals courses (LOMA 280/281 and LOMA 290/291). This new benefit now provides participants with the FLMI Level 1 Certificate in Insurance Fundamentals and a jump-start to earning a prestigious industry designation.

Insurance Immersion includes nine modules that cover essential topics including:

• The role of risk in life insurance products and company operations
• Unique aspects of the life insurance business, including regulation
• Features of life insurance and wealth products, including sales trends
• Overview and evolution of individual life insurance distribution
• How insurers make money, with a focus on solvency and profitability
• Fundamentals of risk assessment and evolution of the underwriting process
• Steps in and importance of the claim administration process

Session Details

Day 1

9:30 a.m. - 12:30 p.m. (EST):

• Life Insurance Industry Overview
• Individual Life Insurance Products: Term and Whole Life

1:30 p.m. - 4:30 p.m. (EST):

• Individual Life Insurance Products: Universal Life
• Supplemental Benefits
• Living Benefit Products
• Life Insurance Product Pricing and Profitability

Day 2

9:30 a.m. - 12:30 p.m. (EST):

• Insurance Wealth Products
• Insurance Distribution Channels

1:30 p.m. - 4:30 p.m. (EST):

• Sales and Service
• Regulation and Compliance

Day 3

9:30 a.m. - 12:30 p.m. (EST):

• Insurance Company Operations
• Life Insurance Underwriting
• Claims Administration

1:30 p.m. - 4:30 p.m. (EST):

• Finance and Risk Management

Day 4

9:30 a.m. - 12:30 p.m. (EST):

• The Changing Insurance Landscape