Insurance Immersion

Connect With Success

Insurance Immersion Flyer

Insurance Immersion includes:

Updated content with a focus on the forces driving change within insurance companies
Modular program design provides flexibility to meet a variety of training needs
LOMA course credit awarded to participants

Since 2008, the Insurance Immersion program has helped over 5,000 industry professionals quickly learn about key foundational concepts of life insurance products and company operations. While many of these basic concepts remain the same, significant changes in recent years have affected the way life insurers conduct business.

The revised Insurance Immersion program explains these factors and integrates them throughout the content, helping participants connect core business concepts with new and evolving influences, including:

The role of analytics, artificial intelligence, and digitization
The effects of low-interest rates and surplus strain on profitability
The changing regulatory environment and its impact on operations
New approaches to underwriting life insurance
How the distribution of life and annuity products is evolving
Focus on customer experience

Topics Covered

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 annuity 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

Delivery Options

Insurance Immersion is delivered live, either in person or virtually via LOMA’s Adobe Connect virtual classroom.

This dynamic learning experience provides participants with opportunities to discuss, ask questions, and participate in exercises to apply what they’ve learned. Expert instructors also share their unique knowledge and experiences to help clarify understanding.

Open-enrollment or public Immersion sessions are offered 2-4 times per year.
Company-specific or private company sessions are available upon request. For more information, please reach out to insuranceimmersion@loma.org.

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 281 — Meeting Customer Needs With Insurance and Annuities) and (LOMA 291 — Improving the Bottom Line: Insurance Company Operations). 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. Participants must attend all seven modules of the Insurance Immersion program to receive course credit.

Who Should Attend

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

Pricing

Open-Enrollment Insurance Immersion

LOMA Member Pricing

Early-bird registration (about 4 weeks before session start date): $2,345
Registration: $2,695

Non-member Pricing

Early-bird registration (about 4 weeks before session start date): $4,690
Registration: $5,390

Insurance Immersion for Your Company

LOMA Member Pricing

$23,750 for up to 18 participants
$725 per person over 18 participants, with a maximum of 30

Non-member Pricing

$47,500 for up to 18 participants
$1,450 per person over 18 participants, with a maximum of 30

For more information or to schedule a session, please email insuranceimmersion@loma.org.

Also Available for Other Audiences

Video

See Insurance Immersion in Action!

Hear from participants and get a feel for this engaging program.

Testimonials

I really enjoyed this training. It’s comprehensive, informative, and provides a great foundation for anyone working at an insurance company. Everyone should take it!

Our employees always have great things to say about this program. It gives them an understanding of where everything fits within our company and the industry as a whole.

Video

Hear From an L&D Leader

Roz Tsai, VP, Talent, Learning & Organizational Effectiveness at Thrivent outlines how Insurance Immersion is utilized for employee development within the organization.

Program Facilitators/Instructors

Meet our Team

Upcoming Sessions

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