Post-Admission Requirements
Once you have been accepted, and have confirmed your offer, you may need to complete a further set of requirements related to your program (Post-Admission Requirements).
Fees
The 2019-2020 fee for two semesters was:
- domestic: $4,851.02
- international: $16,532.00
Fees are subject to change.
Fees by Semester
| Semester 1 | Domestic Fee | International Fee* |
| Total | $2,483.01 | $8,056.00 |
| Tuition | $1,842.17 | $7,415.16 |
| Compulsory Ancillary Fee | $469.89 | $469.89 |
| Enhanced Student Experience Fee (Optional) | $55.95 | $55.95 |
| Program Ancillary Fee | $115.00 | $115.00 |
| Co-op/Placement | $0.00 | $0.00 |
| Semester 2 | Domestic Fee | International Fee* |
| Total | $2,368.01 | $8,056.00 |
| Tuition | $1,842.17 | $7,530.16 |
| Compulsory Ancillary Fee | $469.89 | $469.89 |
| Enhanced Student Experience Fee (Optional) | $55.95 | $55.95 |
| Program Ancillary Fee | $0.00 | $0.00 |
| Co-op/Placement | $0.00 | $0.00 |
*Plus Mandatory Health Insurance fee once per academic year: Fall start - $420 Winter start - $280 Summer start - $140
Additional Costs
Our program prepares you to write exams for seven of the ten required courses for the Insurance Institute of Canada’s Chartered Insurance Professional (CIP) designation. Costs for such exams are in addition to the fees noted above and are payable to, and at the discretion of, the Insurance Institute of Canada.
Students currently registered and in good standing in this program may be eligible for the following discounted examination fees:
- C11 Principles and Practice of Insurance - $184 (includes a one-time administration fee)
- C12 Insurance on Property; C13 Insurance Against Liability; C14 Automobile Insurance; C110 Essentials of Loss Adjusting; C120 Underwriting Essentials; and C130 Essential Skills for the Insurance Broker and Agent - $140 each
These costs are subject to change.
Additional costs for textbooks and other course materials – $2,500.
Pathways
Pathways are academic routes that students can take to move from one credential to another.
How to Apply
Applications to Humber are made through ontariocolleges.ca. Be sure to submit your application by the equal consideration deadline of February 1. You may apply after February 1, however, post-February 1 applications will be considered on a first-come, first-served basis depending on the availability of the space in the program. To check program availability refer to the Campus/Availability listing on Humber's program pages or ontariocolleges.ca.
INTERNATIONAL STUDENTS
If you’re an international student, you can apply directly to Humber via our International Centre.
Insurance has become an integral part of virtually everything we do in life and business. Roles within the insurance industry are many and varied. Whether you enjoy working with numbers, doing research, solving problems or working with people, you can find your specialty in insurance.
Humber’s Insurance Management – Property and Casualty graduate certificate program prepares you for a variety of entry level management career paths in the large and growing property and casualty insurance industry. Learn the fundamentals of the industry and its three main functional areas – underwriting, loss adjusting and agency/brokerage – and gain transferable skills in business communications, computer applications, insurance accounting and metrics, marketing, sales and customer service, project management and leadership. Employment-focused experiential learning helps you consider a variety of options, as you launch your career.
Courses Learning OutcomesSemester 1
Semester 2
Upon successful completion of the program, a graduate will:
- Differentiate the functions of and the relationships between various elements within the structure of the insurance industry in Canadian and global contexts in order to identify business opportunities, challenges and solutions.
- Use current and relevant insurance industry-specific terminology when communicating with stakeholders.
- Assess and manage the four major categories of risk (hazard, operational, financial and strategic) to determine insurance needs associated with specific cases.
- Apply best practices for risk management to finance the negative consequences of risk events in multifaceted situations.
- Provide evidence-based recommendations for management of hazards and risks faced by an organization.
- Evaluate the clauses, terms and conditions of various insurance policy wordings in order to determine the appropriate coverage according to defined risk tolerance levels.
- Adjust, negotiate and settle insurance claims to satisfy needs of claimants and providers.
- Provide rationale for the acceptance or rejection of an application for insurance to uphold efficacy of decision-making.
- Evaluate the needs of a commercial and/or personal client in order to plan and recommend an insurance program that provides protection from identified exposures.
- Select leadership and communication strategies necessary to manage others and accomplish organizational goals.
- Prepare and deliver effective integrated marketing, customer service and sales plans to further organizational objectives.
- Develop, interpret and present common property and casualty insurance industry metrics and financial statistics and data to support organizational decision-making.
- Apply project management methodologies to identify, plan, and execute various property and casualty insurance managerial projects.
- Develop strategic business plans in order to respond o changing opportunities and challenges within the property and casualty insurance business.
Work Placement
Get hands-on experience in the industry with a 160-hour (minimum) work placement that will give you the opportunity to apply what you have learned in the classroom. Students initiate the placement with the aid of faculty, targeting companies in the Greater Toronto Area. Placements can be completed on a part-time basis throughout the academic year, or full time during the term immediately at the end of the program.
Thank You!
We are grateful to our corporate donors for their generous support of our students by providing scholarships.
Is this Program Right for Me?
Are you someone who
- wants to help people when they need it the most?
- enjoys problem-solving and learning new skills?
- wants to work in a fast-paced, rewarding industry, with countless advancement opportunities?
- has a degree or a college diploma?
- has an educational or professional background in either business, justice studies, kinesiology, marketing, engineering or liberal arts?
If the answer is yes to all of the above, then the industry is looking for candidates exactly like you.
Why Insurance?
It's hard to find a more stable, lucrative and rewarding position than a career in Insurance Management. Why? For starters, the insurance industry is virtually recession proof - in fact, since the recession of 2008, the industry added over 12,000 jobs!
What's more, a career in insurance is both stable and challenging, offers great compensation, advancement opportunities and training. There is a tremendous variety of insurance roles, from risk management, underwriting, claims, sales and more! No matter what your passion, you are sure to find the right career path for you in this hidden gem of an industry.
Learn from Insurance Industry Professionals
In this program, you'll learn from the best in the industry. Our faculty and instructors are top-of-their field experts with long, successful careers in insurance, and consist of award-winning instructors (recognized by the Insurance Institute of Canada), thought leaders, former CEOs and directors, and more. Most importantly, they are all energized and passionate about training the next generation of insurance professionals.
The Industry Needs Talent Like You
Companies are currently looking for graduates and young professionals with ambition, innovation, critical-thinking skills and who are engaged and ready to make their mark on this industry. Currently, the industry is in a talent crisis, with 30 percent of the current workforce preparing to retire in the next five years. Companies are looking to significantly grow their workforce over the next ten years - there's never been a better time to get into an Insurance Career!
Expand Your Professional Network
Throughout the school year, you'll have multiple opportunities to speak one-on-one with insurance industry professionals and expand your network. Students get invited to conferences, field trips and job/placement fairs. Companies also come on campus to guest speak and conduct interviews with students. In addition to these events, we host an Insurance Career Day where students get to meet and network with industry professionals, and the Career Summer Placement Fair that is attended by over twenty insurance companies looking to hire graduates.
Students Testimonials
Humber’s Insurance Management – Property and Casualty program prepares students for success in the workplace. But don't take our word for it, see what some of our alumni have to say about their experience in this program:
"Within a few months of graduating, I have received my Brokers license and received several job offers from top employers. The IMPC program was instrumental in starting my career in the insurance industry."
- Amanda
"The professors shared their experiences and provided us with advice on how to succeed in this industry. Their enthusiasm and passion encouraged me to not only pursue the IMPC certificate but also to take the Chartered Insurance Professional exams. Employers are impressed by the fact that most of Humber students come out with 7 out of 10 CIP exams. In my case, my employer is very happy to support me with the 3 remaining exams, but having the 7 previous CIP exams was a huge asset when they were considering me for the position."
- Eduardo
"The IMPC program curriculum focuses on the core principles of insurance, as well as beneficial classes such as accounting, career planning, and computer programming. This program maintains a good mix of everything that will help you be successful in entering the industry."
- Erica
Your Career
Career opportunities may be found at many property and casualty (P&C) insurance companies of which many are positioned in the GTA, as well as across Canada. Choose your area of specialization – underwriting, loss adjusting or agency/brokerage – to complete your final three Chartered Insurance Professional courses. Then lean in and go far. P&C insurance is among the largest and most lucrative industries in the country with expanding employment demand due to industry growth and an aging workforce. Jobs here require specialized higher education levels and often pay above average.
Professional Accreditations & Recognition
Chartered Insurance Professional (CIP)
This program is recognized by The Insurance Institute of Canada (IIC) as providing seven of the ten required courses toward the Chartered Insurance Professional designation (CIP).
Registered Insurance Brokers of Ontario (RIBO)
The Insurance Management Program is recognized by RIBO. Graduates of the program have been approved to write a modified Level One licensing exam towards becoming a Registered Insurance Broker in Ontario.
Humber College is proud to partner with the Insurance Brokers Association of Ontario (IBAO). The IBAO has generously offered to support Humber students’ professional development by waiving the fees associated with the equivalency prep course, the prep course textbook and the Level One RIBO Licensing Examination.
Additional requirements and/or costs may apply.
Note: The requirements for licensure are determined by the granting body, which is independent from Humber College. Students are encouraged to obtain the specific requirements directly from the granting body before enrolling.
Program Availability
| START DATE | LOCATION | STATUS | INTERNATIONAL STATUS |
|---|---|---|---|
| September 2020 | North | Open | Open |
Insurance Management Program Promo!
Watch the video to see how this program prepares you for a variety of great, exciting careers with lots of advancement opportunities and a great reputation for good pay and benefits.
Business, Accounting & Management Success Stories
Wawanesa Donates Another $20,000 to the Insurance Management Program
Fri, September 27, 2019
After donating a gift of $30,000 to the Insurance Management Program, Wawanesa Insurance donated another $20,000 gift to support the program's growth.
Insurance Management Program Partners with the Insurance Brokers Association of Ontario
Fri, September 27, 2019
Colin Simpson, CEO of the Insurance Brokers Association of Ontario (IBAO) was on-site to speak to students about IBAO.
The Canadian Society of Club Managers Forms Second Student Branch with Humber College
Tue, September 24, 2019
The Canadian Society of Club Managers (CSCM) has formed its second official Canadian student branch in the Professional Golf Management Program.
No news at this time.
Faculty of Business Events
Faculty of Business - Fall Career Fair
Humber
Tue, October 29, 2019 | 11:00 AM - 03:00 PM
Off Campus
We are excited to invite you to our Faculty of Business Career Fair
Faculty of Business News
The DBSA Organizes Another Successful TechWeek
Mon, September 30, 2019
A big shout-out to our DBSA team and our presenters for making this Fall’s TechWeek series a huge success!
No news at this time.
Every attempt is made to ensure that information contained on this website is current and accurate. Humber reserves the right to correct any error or omission, modify or cancel any course, program, fee, timetable or campus location at any time without prior notice or liability to users or any other Person.
On June 29, 2018, the Provincial Government of Ontario announced the renaming of the Ministry of Advanced Education and Skills Development (MAESD) to the Ministry of Training, Colleges and Universities (MTCU). Both names may appear on this website.