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.
