Insurance Management – Property and Casualty
Credential: Ontario Graduate Certificate Program Code: IM511 Length: 2 semesters
To be eligible for admission, you must possess the following:
- A bachelor’s degree, advanced diploma or diploma
All applicants whose first language is not English must meet Humber’s English Language Proficiency Policy.
Canadian citizens or permanent residents with international education are required to provide a WES or ICAS evaluation.
For further information, see Admission Requirements.
Mature Applicants
Diplomas and Certificates
An applicant is considered a mature applicant if they have not completed secondary school or other postsecondary school, and will be 19 or older as of the first day of classes. Humber will invite you for testing to demonstrate that you meet program eligibility.
Degrees
An applicant is considered a mature applicant if they have not completed secondary school or attended postsecondary studies, and will be 21 or older as of the first day of classes. Mature applicants for degree programs will be required to meet course requirements at the U/M level or equivalent.
College Transfer Applicants
Diplomas and Certificates
An applicant is considered a college transfer applicant if they have completed some or all of a college-level credential. Humber may use a combination of secondary school and/or college courses and grades to determine program eligibility.
Degrees
An applicant is considered a college transfer applicant if they have completed some or all of a college-level credential. Humber may use a combination of secondary school and/or college courses and grades to determine program eligibility. Applicants must have an overall minimum grade point average (GPA) of 65 per cent in the program. Applicants are required to disclose and provide academic transcripts for all course work completed at the postsecondary level.
University Transfer Applicants
Diplomas and Certificates
An applicant is considered a university transfer applicant if they have completed some or all of a university-level credential. Humber may use a combination of secondary school and/or university courses and grades to determine program eligibility.
Degrees
An applicant is considered a university transfer applicant if they have completed some or all of a university-level credential. Humber may use a combination of secondary school and/or university courses and grades to determine program eligibility. Applicants are required to disclose and provide academic transcripts for all course work completed at the postsecondary level.
Selection: Admission selection is based on the academic criteria indicated. Meeting minimum eligibility requirements does not guarantee admission.
| Date | Location | Availability | International Student Availability |
|---|---|---|---|
| September 2018 | North | Open | Waitlisted |
The 2018-2019 fee for 2 semesters is:
- domestic: $5,128.28
- international: $16,051.00
Fees are subject to change.
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
Additional costs for textbooks and other program course materials – $2,500. These costs are subject to change.
Fees by SemesterProgram Contact(s)
Peter Madott, associate dean
416-675-6622 ext. 3207
peter.madott@humber.ca
Admissions
416-675-5000
enquiry@humber.ca
International Students
Phone 1-416-675-5067
international@humber.ca
Have questions about Humber?
Book a TourApply to Humber
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.
Fees by Semester
| Semester 1 | Domestic Fee | International Fee* |
| Total | $2,621.64 | $7,815.50 |
| Tuition | $2,046.86 | $7,240.72 |
| Mandatory Non-Tuition | $459.78 | $459.78 |
| Lab/Materials | $115.00 | $115.00 |
| Co-op/Placement | $0.00 | $0.00 |
| Semester 2 | Domestic Fee | International Fee* |
| Total | $2,506.64 | $7,815.50 |
| Tuition | $2,046.86 | $7,355.72 |
| Mandatory Non-Tuition | $459.78 | $459.78 |
| Lab/Materials | $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
Our Program
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 ensures that you can keep all of your options open 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.
Your Career
Career opportunities may be found at many property and casualty insurance companies in the GTA and 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. Property and Casualty 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
This program is recognized by The Insurance Institute of Canada (www.insuranceinstitute.ca) as providing seven of the ten required courses toward the Chartered Insurance Professional designation.
This information is current as of December 2016.
Additional requirements and/or costs may apply.
Note: The requirements for the additional credential(s) are determined by the granting body, which is independent from the College. Students are encouraged to obtain the specific requirements directly from the granting body before enrolling.
Scholarships & Awards
Students may be eligible for a number of scholarships and awards.
Professor Promotes Insurance Management Program in Industry Trade Magazine
John McNeil, a part-time Professor and Program advisor of the Insurance Management - Property and Casualty program, spoke with Canadian Underwriter about the advantages and benefits of the new Insurance Management - P&C program.
Insurance Management Students Score Highest Marks on CIP Exam
Scott Wright and Zhiquan (Harold) Pan, two Insurance Management postgrad certificate students, both went above and beyond to achieve the highest mark of Honors on their Chartered Insurance Professional (CIP) exams.
Every attempt is made to ensure that information contained in 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.