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ALMI

Associate, Life Management Institute

Available in: Chinese (simplified), Chinese (traditional), English, French, Korean, Portuguese, Spanish


Overview

The Associate, Life Management Institute™ (ALMI®) designation is widely recognized as more than a stop on the journey to the FLMI—it is a milestone in and of itself. The ALMI delivers must-have knowledge for every employee—and a valuable credential. The designation is a globally recognized educational standard that indicates that those who have earned it understand the core products and operations of life insurance companies and comprehend the financial concepts that all insurance professionals frequently encounter. This designation is replacing LOMA’s Level I Certificate in many companies as the education and training “must-have.”

With your ALMI designation, you’ll have

  • Improved knowledge of core insurance functions
  • Better business/financial acumen
  • A developing sense of field/home office partnership through knowledge of insurance marketing/distribution

Topics

  • Finance and Accounting
  • Life Insurance
  • Marketing and Business Acquisition
  • Onboarding
  • Operations and Administration

Courses

Learners must complete five required courses to earn the ALMI designation.

LOMA 280 — Principles of Insurance

LOMA 280 introduces the principles of insurance, the process of becoming insured, and the policyowner’s contractual rights. The course includes information on the features of individual and group life insurance, health insurance, and annuity products.

LOMA 281 — Meeting Customer Needs with Insurance and Annuities

LOMA 281 is an online course that uses a variety of media to teach principles of insurance, insurance products, and the policyowner’s contractual rights. The course describes the features of individual and group life insurance and annuity products, and emphasizes how insurance companies serve customers and meet customer needs through the products they provide.

LOMA 290 — Insurance Company Operations

LOMA 290 describes how life insurance companies operate in today’s global environment: how they are organized, how they are managed, and the roles of functional and support units in developing, distributing, issuing, and administering life insurance and annuity products.

LOMA 291 — Improving the Bottom Line: Insurance Company Operations

LOMA 291 is an online course that uses a variety of media to teach operations, functions, and product development basics unique to the insurance organization. In addition, the course will teach that (1) a company’s success depends on its operational efficiency and effectiveness and (2) every employee has a role in ensuring the company’s financial success.

LOMA 301 — Insurance Administration

LOMA 301 provides a detailed discussion of the activities of insurance administration for individual and group life coverages, focusing on underwriting, reinsurance, claims, and customer service.

LOMA 307 — Business and Financial Concepts for Insurance Professionals

LOMA 307 introduces industry employees to basic financial concepts and terminology and relates these concepts to the business of insurance and company operations and profitability.

LOMA 320 — Insurance Marketing

LOMA 320 covers marketing principles and the functions of marketing as an integral aspect of the life and health insurance industry.

LOMA 321 — Marketing in Financial Services

LOMA 321 is an online interactive course that uses a variety of media to present basic marketing principles and to show how these principles are used in the financial services industry to satisfy customers’ financial needs and to create profitable customer relationships.

Curriculum

Level I: CertificateLevel II: ALMI
Required ALMI courses
Learners must complete all required courses to earn the ALMI designation.
Insurance PrinciplesInsurance OperationsInsurance AdministrationBusiness & Financial ConceptsMarketing
LOMA 280
or
LOMA 281
LOMA 290
or
LOMA 291
LOMA 301LOMA 307LOMA 320
or
LOMA 321
Level I: LOMA awards a personalized certificate to learners upon successful completion of LOMA 280/281 and LOMA 290/291.

Try the interactive demo
for LOMA 281!

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