Insurance Broker Professional Certificate
Program OutlinePrerequisites
- Confirmation of “mature student status” (19 years of age or older on first day of classes and out of school for 1 full year)
- Basic computer skills using Windows
- Beginner level Microsoft Word
- Completion of grade 10 level english or equivalent
- Applicants whose first language is not English must meet Excel’s English Language Proficiency Requirements.
Program Modules
Core Modules
- Advanced Microsoft Word
- Advanced Microsoft Excel
- Business Communications
- Diversity in the Workplace
- Project Management
Insurance Specialty Modules
- Concepts and Characteristics of Insurance
- General Insurance Standard Coverages
- Insurance Regulations and Claims Adjusting
- Provincial Specific Coverage and Forms
- Provincial Specific Regulatory Responsibilities and Act(s)
- Exam Prep Level 1
- Insurance Professional Ethics
- Broker Skills Development
Practicum Placement & Employment Assistance
Instructional Methods
- Virtual delivery of all modules with individual instructor support.
- Online tools & resources
Job Market
According to the 2019 BC Labour Market Outlook from WorkBC, there is expected to be 2,690 new job openings for Insurance Agents and Brokers who sell life, auto, property, travel & other Insurance within 10 yrs. The provincial median salary is $47,969 , and the median hourly rate is $23/hr in BC.
Career Paths
- Workers usually begin their careers as brokers in their chosen field. With experience, brokers can move into management positions.
- With more experience, insurance brokerage managers may advance into senior management positions. Some start their own firms.
Learning Objectives
Upon completion of this program, students will possess the knowledge to enter the Insurance Industry in British Columbia, with advanced computer, Insurance and interpersonal skills, as well as level 1 certification.
Program Duration
22 weeks total:
- Approximately 20-30 hours of instruction per week
Assessment
- Students are assessed on each course module by either a test, project, assignment or demonstration of skills
- Students are assessed on professionalism, conduct and attendance
- An average of all module grades, as well as the grades for professional conduct and attendance is calculated. Successful completion of the program requires a minimum of a 65% on all program modules and a positive practicum evaluation.
Learning Materials
College supplies:
- Digital course materials
- Access to a robust learning management system
- Additional Instructor support
Students Supply:
- Computer or device with access to internet
- Microphone and webcam
- Speakers or headset