Prospective Life Insurance Manager
Life Insurance Manager / Prospective Life Insurance Manager
The path to becoming a LOMA Fellow in the insurance profession
With China’s accession to the WTO, the domestic financial system has become internationalized, and the market is gradually opening up. Insurance companies worldwide have all entered the China Planning Board. China recruits a large number of talents, with life insurance managers and academicians and academicians in the United States holding world-class (life insurance major) academic qualifications. It is a required course for internal staff in insurance companies.
As the financial industry continues to evolve, the ability to keep learning and adapt to an international perspective becomes especially important. The LOMA Life Insurance Manager program is the ideal choice to meet this need. Founded by the Life Insurance Management Society of America, those who choose to study the LOMA (FLMI) course will receive comprehensive professional knowledge, practical skills, and professional ethics education—key factors for success in today’s highly competitive financial industry.
Course content
Foundation
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- 280 – Insurance principle
- 281 – Meet household needs through insurance and pensions
- 290 – Operation of insurance companies
- 291 – Improving Company Management: Advanced Operations of Insurance Companies:
- 301 – Insurance administrative business management
- 302 – Policy Life Cycle: Administrative operations of life insurance companies
Management
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- 307 – Insurance professionals’ business and financial philosophies
- 308 – Insurance Business: Application of Financial Concepts
- 320 – Insurance marketing
- 321 – Marketing and Customer Reach: Insurance marketing
- ALMI (Must complete Level 1 (2 subjects) + Level 2 (3 subjects)
Major:
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- 311 – Business Law in the Financial Services Sector
- 335 – Excellence in financial service management
- 357 – Institutional Investment: Principles and Practice
- 361 – Accounting and Financial Reporting for Life Insurance Companies
- 371 – Management of solvency and profitability of life insurance companies
- FLMI (requires completion of ALMI (5 subjects) + Level 3 (5 subjects in total)
- There are a total of 10 subjects
Admission Requirements and Duration of Study
- Employees with secondary school education and those working in related industries
- Self-study format and 20-hour written exam assessment
- Each subject must be completed within 6 months after enrollment
Language of instruction
- Materials in Chinese or English are available
Advantages
- Insurance intermediaries are exempt from the required educational qualifications for entry
(Passed 5 subjects in the HKCEE. Including Mathematics and Chinese)
and insurance practice IIQE123
(Insurance Practice and Principles / General Insurance / Long-term Insurance Eligibility) - LOMA Centennial Society International Professional Qualification Certification
- FLMI fellowship can be printed on business cards to enhance self-image
- You can join the LOMA Life Insurance Management Hong Kong Student Association
- Participated in LOMA Society seminars to broaden the pool of insurance professionals
Target Audience
- Professionals engaged in banking, securities, insurance, and financial management
- Individuals interested in learning investment finance
- Designed for those interested in pursuing success
- *Obtaining FLMI exempts you from the Hong Kong insurance intermediary qualification and IIQE1, 2, and III practice requirements
Course objectives
After completing this course, participants can:
- Gain knowledge of investment and wealth management
- Enhance participants’ knowledge and skills in life insurance management
Course objectives
- Professionals engaged in banking, securities, insurance, and financial management
- Individuals interested in learning investment finance
- Designed for those interested in pursuing success
- *Obtaining FLMI exempts you from the Hong Kong insurance intermediary qualification and IIQE1, 2, and III practice requirements
Certificate issuance
The American Life Insurance Management Association (LOMA).
- Life Insurance Manager (FLMI)
- Prospective Life Insurance Manager (ALMI)