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Thread: Information required - Loma certification

  1. #1
    PolicyWala Newbie
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    Default Information required - Loma certification

    Hi,

    I have already gone thru other threads on Loma certification... still require help from senior members.. Sorry in advance in case of repetitive questions...

    I am currently working as BA in IT company (Exp. 5 yrs. overall n relev. 3 yrs.) n was working in sales (in home loan, insurance etc..) before working as BA. I have done MBA (Marketing) from Mumbai Univ. My current IT Company is non member company (not registered with LOMA).

    I wanted to pursue Loma certification 280 & 290 (FLMI)... n need study material... I would be thankful, if someone can send eBooks’ & other study material on my id i.e. amit.naik1982@gmail.com

    Also would be thankful if someone can guide me on scope for Loma professionals in 2010 (post recession) or next coming years...

    Also suggest if I can work as BA in Insurance domain... what preparation should be required...


    Thanks in advance.

    Regards,
    Amit



  2. #2
    PW Fan tigershark's Avatar
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    I wanted to pursue Loma certification 280 & 290 (FLMI)... n need study material... I would be thankful, if someone can send eBooks’ & other study material on my id i.e. amit.naik1982@gmail.com
    There is no online document which I can email you. If you want more info about course material, please visit loma website - http://www.loma.org/learn/learners/h...textbooks.aspx
    Also would be thankful if someone can guide me on scope for Loma professionals in 2010 (post recession) or next coming years...
    As you have mentioned you wanted to do LOMA. But why an International life insurance certification? Are you working in insurance domain? Again you wanted to know the scope of insurance. Are you wanted to move into insurance domain? If you have decided to do LOMA, why you wanted second opinion? I could not get you here?
    Also suggest if I can work as BA in Insurance domain... what preparation should be required...
    This discussion in the forum might help you - http://www.policywala.com/showthread.php?t=1469

    Note - In English – one can read without multiple full stops.

  3. #3
    PW Stalwart v.r.s.nathan's Avatar
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    Fellow, Life Management Institute®
    The award-winning FLMI Program is a 10-course, professional development program that provides a comprehensive business education in the context of the insurance and financial services industry. Established in 1932, the FLMI Program is the world’s largest university-level education program in insurance and financial services. More than 80,000 students throughout the world have earned the FLMI designation. The FLMI Program has received worldwide recognition.

    About the Program
    The FLMI curriculum provides key knowledge of how this complex industry operates and an individual's role in the industry’s continued strength in the global economy. The 10 courses provide a comprehensive business education in the context of the insurance and financial services industry. To earn the FLMI designation, students must successfully complete 10 self-study courses.
    The FLMI program features a solid introduction to industry terms, functional areas, processes, and area and product-specific knowledge in marketing, administration, and financial reporting.

    Who Should Enroll
    FLMI courses provide a foundation of insurance knowledge to foster your success in the insurance and financial services industry and teach the principles of business in a framework of policies, practices and examples relevant to
    the financial services industry, with a focus on life insurance within that industry.

    By earning the FLMI designation, you will demonstrate significant commitment to the industry and your career, distinguish yourself as an industry expert and excel with the specialized knowledge you possess.
    Other Additional Statistics:
    90% state earning a LOMA designation helped their career
    75% apply knowledge gained through LOMA courses to their jobs
    60% believe their LOMA designation enhances their credibility
    55% were promoted after earning a LOMA designation

    FLMI Courses
    Level I—Fundamentals of Life and Health Insurance
    This introductory level of the program is designed to give you a foundation of knowledge to foster your success in the life and health insurance industry. Two courses comprise FLMI Level I.
    LOMA 280—Principles of Insurance: Life, Health & Annuities
    LOMA 290—Insurance Company Operations

    Level II—Functional Aspects of Life and Health Insurance
    This advanced level is designed to further your career development by providing a detailed understanding of business concepts with the emphasis on life and health insurance, financial services, and related subjects.
    LOMA 301—Insurance Administration
    LOMA 311—Business Law for Financial Services Professionals
    LOMA 316—Business Law for Financial Services Professionals (Canada)
    LOMA 320—Life and Health Insurance Marketing
    LOMA 330—Management Principles and Practices
    LOMA 351—Financial Services Environment
    LOMA 356—Investment Principles and Institutional Investing
    LOMA 361—Accounting and Financial Reporting in Life Insurance Companies
    LOMA 371—Managing for Solvency and Profitability in Life Insurance Companies

    Program Update
    LOMA 310 and LOMA 315 have been replaced in the FLMI Program curriculum with LOMA 311—Business Law for Financial Services Professionals and LOMA 316—Business Law for Financial Services Professionals - Canada. Students who already have credit for LOMA 310 or LOMA 315, which are no longer offered, will automatically receive FLMI credit for the Law course.
    When you successfully complete LOMA 280 and LOMA 290, you will receive a personalized certificate of completion for Level One. Once you have completed all 10 courses, you will earn the prestigious FLMI designation.

    How to Enrol
    Simply log in to LOMANET, LOMA’s internet-based system that allows students and training administrators to access student information, monitor progress, and enrol for exams. Visit LOMANET at www.lomanet.org and create an account today!

    For More Information
    Contact your company’s LOMA Educational Representative or contact LOMA's Office of the Registrar.
    LOMA's Office of the Registrar
    Phone: 800-ASK-LOMA (Option 1) / 770-984-3761
    Fax: 770-984-6415
    E-mail: education@loma.org
    Source - loma.org

  4. #4
    PolicyWala Newbie
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    Thank you very much Mr. Nathan and Tigershark


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