MCAST Advanced Diploma in Insurance

MCAST Advanced Diploma in Insurance

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MCAST Advanced Diploma in Insurance
Course Code BC4-A2-16
MQF Level Level 4
Duration 2 years on apprenticeship
Awarding Body MCAST
Fees CII fees (in GBP) for the Cert CII examinations. An overview of costs involved will be communicated to all those who will be registering for the course.
Entry Requirements MCAST Diploma in Business

or

4 SEC/O-Level/SSC&P (Level 3) passes Compulsory: English Language and Mathematics

Other Entry Requirements
Course Description This course is a core qualification for all those wishing to embark on a career in insurance across its different sectors. Throughout the two-year programme, various aspects of insurance will be explored by the students in as much a hands-on and practical way as possible. Areas include basic insurance principles including the regulatory environment; the key insurance disciplines of underwriting and claims; as well as popular products including: motor, household, healthcare and packaged commercial insurance. Market legislation, regulation, market practice and distribution for those starting work in or having dealings with this market are also placed under focus. Students taking up this programme of studies may wish to register and sit for the relevant Chartered Insurance Institute (UK) examinations. On successful achievement of the CII (UK) examinations, CII members will be able to make use of the designation Cert CII. Through the review of the programme delivered by MCAST (now a two-year Level 4 programme), a more holistic preparation is awaiting those who take up this course of studies. This qualification is the first step towards becoming professionally qualified and, as such, its value is widely recognised by employers throughout the insurance industry.
Study/Course Delivery Class based lessons
Assessment Take Home Assignments and Time Constrained Assignments
Programme Learning Outcomes 1. Understand the nature of the insurance market, its structure and its main features

2. Demonstrate a knowledge of basic insurance practice and products and of the main methods of handling and resolving customer complaints

3. Apply basic insurance principles including the regulatory environment and the main principles governing contracts

4. Understand the nature and main features of risk and insurance.

Core Study Units
  • The Local Insurance Market
  • Insurance, Legal and Regulatory
  • General Insurance Business
  • Insurance Underwriting Process
  • Insurance Business and Finance
  • Customer Care in Insurance
  • Specialist Insurance Markets
  • Marketing in Insurance
  • Business Decision Areas
  • English for Insurance
  • Office Skills & Practice
  • Personal Effectiveness within the Office Environment
  • Insurance Work Based Experience

 

Specialist Units The Local Insurance Market Insurance, Legal and Regulatory General Insurance Business Insurance Underwriting Process Insurance Business and Finance Customer Care in Insurance Specialist Insurance Markets Marketing in Insurance Business Decision Areas English for Insurance Office Skills & Practice Personal Effectiveness within the Office Environment Insurance Work Based Experience
Supplementary Units
Supporting Units
Optional Units
Progress After Completion
  • Bachelor of Arts (Honours) in Business Enterprise
Career Opportunities
  • Account handler
  • Claims handler
  • Insurance claims surveyor
  • Insurance clerk

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