Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: AICP-0142 Organization's ID: AU 67 Organization: American Institute For Chartered Property Casualty Underwriters/The Institutes Location: Classroom-based Length: 8 weeks (32 -- 56 hours) Dates Offered: 2/1/2023 - 1/31/2026 8/1/2017 - 1/31/2021 1/1/2014 - 7/31/2017 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Upper-Division Baccalaureate 4 Risk Management Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to enable students to apply various underwriting strategic techniques and tools to enhance the insurer's overall profitability. Learning Outcomes: How reinsurance can help solve underwriting problems Effectively apply underwriting strategic techniques to their everyday work. This is accomplished through a detailed examination of how to develop competitive underwriting strategies and manage underwriting profitability in a competitive environment How to effectively underwrite large accounts and utilize loss sensitive plans How to manage and re-underwrite a book of business within the overall objective of achieving profitability and other goals of an insurer. The course concludes with an overview of big data, including predictive modeling concepts and analytical techniques General Topics: Developing competitive underwriting strategies Managing underwriting profitability Underwriting large accounts Utilizing loss-sensitive plans for large accounts Using reinsurance in commercial underwriting Managing a book of business Reunderwriting a book of business Exploring big data analytics Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Case Studies Practical Exercises Methods of Assessment: Examinations Minimum Passing Score: 70% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Other offerings from American Institute For Chartered Property Casualty Underwriters/The Institutes Addressing Commercial Liability Risk (AICP-0052) Addressing Commercial Property Risk (AICP-0051) Claims in an Evolving World (AICP-0127) Connecting the Business of Insurance Operations (AICP-0053) Developing Personal Insurance Solutions (AICP-0098) Evaluating Commercial Underwriting Risks (AICP-0139) Exploring Reinsurance Products and Transactions (AICP-0104) Holistically Assessing Risk (AICP-0158) Impacting the Bottom Line of Insurance Financials (AICP-0056) Increasing Your Insurance IQ (AICP-0156) View All Courses Page Content