ARA: Associate, Reinsurance Administration
Reinsurance plays a vital role in insurance and financial services. LOMA's Associate, Reinsurance Administration™ (ARA™) Program will help you grasp reinsurance principles, the financial importance of reinsurance, and the development, administration and auditing of reinsurance products.
By completing this designation you will learn:
- Key players and the reasons for using reinsurance
- Laws and regulations affecting reinsurance transactions
- Provisions of a reinsurance contract and how they affect the administration of reinsurance transactions
- Processes involved in the administration of new business, in-force business, and terminations
The Need 2 Know courses apply toward the ARA. To enroll for a course, contact your Educational Representative or log into LOMANET and click Enroll for Exam. Please consult the Education & Training Catalog or the Designation Progress screen on LOMANET to determine which courses are required for this designation.