Business And Insurance

Program overview

The Business and Insurance diploma is designed to prepare students for careers in the insurance sector through a focused two-year program. This unique offering, developed with input from industry professionals and the Insurance Institute of Canada, provides specialized training in various aspects of insurance, including risk management, property and liability insurance, loss adjusting, underwriting, and claims management. The program emphasizes applied learning, ensuring that graduates are job-ready and equipped with the necessary skills to succeed in the financial services sector.

Program structure

The Business and Insurance diploma program spans a total of 64 weeks, divided into four semesters over two years. The program is offered at multiple locations, including Moose Jaw, Prince Albert, and Saskatoon, with online and distance options available. Key features of the program structure include:

• Two-year diploma program with four semesters (32 weeks per year).
• Applied curriculum that combines core business fundamentals with specialized insurance knowledge.
• Industry-aligned courses designed to prepare students for professional insurance licensing and industry exams.
• Opportunity to earn up to five credits toward the Chartered Insurance Professional (CIP) designation.
• Incorporation of a paid co-operative education work term to gain real-world experience.
• Focus on realistic case studies, client scenarios, and industry-focused projects.

This comprehensive structure ensures that students not only learn theoretical concepts but also apply them in practical settings, preparing them for a successful career in the insurance industry.

Featured Experiences

The Business and Insurance diploma program offers several unique experiences that enhance learning and professional development:

• Co-operative Education Work Term: Students participate in a paid work term, applying classroom knowledge in a real insurance environment.
• Industry Engagement: Opportunities to connect with industry professionals and community partners throughout the program.
• Applied Learning: Students work on realistic case studies and projects that reflect the day-to-day realities of the insurance profession.
• Professional Certification Preparation: The program prepares students for professional licensing and industry exams, giving them a competitive edge.

These experiences are designed to build a strong foundation in both business essentials and industry-specific expertise, ensuring graduates are well-prepared for their careers.

Career Options

Graduates of the Business and Insurance diploma program can pursue a variety of career opportunities in the insurance sector. Potential job roles include:

• Insurance Underwriter: Evaluates insurance applications and determines coverage terms and premiums.
• Claims Adjuster: Investigates insurance claims to determine the extent of the insurer's liability.
• Insurance Broker: Acts as an intermediary between clients and insurance companies, helping clients find suitable coverage.
• Risk Manager: Identifies and analyzes potential risks that could impact the organization and develops strategies to mitigate them.
• Loss Control Specialist: Works to minimize the risk of loss for insurance companies by assessing and improving clients' safety practices.

These roles highlight the diverse career paths available to graduates, who are equipped with the skills and knowledge recognized by the Insurance Institute of Canada, making them highly sought after in the job market.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.