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Insurance Management – Property and Casualty

Credential: Ontario Graduate CertificateProgram Code: IM511Length: 2 semestersProgram Starting Between:  

Admission Requirements

Applicants must meet all the requirements below in order to meet minimum program eligibility. Meeting minimum eligibility requirements does not guarantee an offer of admission. Admission decisions will be available via MyHumber, or by email and mail. Admission decisions will not be released by phone.

Admission selection is based on the following 3 requirements:

  • Academic

    To be eligible for admission, you must possess the following:

    • A bachelor’s degree, advanced diploma or diploma

    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.

  • English Language Proficiency

    All applicants whose first language is not English must meet Humber’s English Language Proficiency Policy.

  • International Credit Evaluation

    Canadian citizens or permanent residents with international education are required to provide a WES or ICAS evaluation.

INTERNATIONAL ACADEMIC EQUIVALENCY

Admission equivalencies for Humber depend on your country of study. Please enter your location or choose detect my location to see the requirements for your country below.

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).

Not available

Fees

The 2019-2020 fee for two semesters is:

  • domestic: $4,966.02
  • international: $16,112.00

Fees are subject to change.

Scholarships

Humber offers a variety of scholarships each year.

Learn more

Fees by Semester 

Fees by Semester

Semester 1Domestic FeeInternational 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 2Domestic FeeInternational 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.

Contact Us

Program Specific Questions

John McNeil, program co-ordinator
416.675.6622 ext. 4619
john.mcneil@humber.ca
business.humber.ca

Admissions Questions

Domestic Students  

Phone: 416-675-5000
Email: enquiry@humber.ca

International Students  

Contact the International Centre

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.

Admissions Road Map

Apply through Ontario Colleges

INTERNATIONAL STUDENTS

If you’re an international student, you can apply directly to Humber via our International Centre.

Apply through the International Centre

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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 Outcomes

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.


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Program Availability

START DATE LOCATION STATUS INTERNATIONAL STATUS
September 2019NorthOpenWaitlisted

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.

What is Insurance Management?

two men talking while sitting at a conference table

Watch this video to learn more.

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.

woman looking out a window

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!

woman giving a presentation

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.

group of people talking

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.

two women looking at documents

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.

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Scholarships & Awards

There are a wide range of scholarships and awards available to Business School students who have demonstrated academic excellence and/or student leadership in their academic programs and in the community.

Applying for a Business Award is a great way to get funds to pay for school and to give you the recognition you deserve for the hard work you have done to get where you are. Visit “Search Awards”, and click the Award Name to find the requirements needed to qualify for the award.

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.  These exams typically take place in May after the program is completed.

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.

Insurance Management Students Exceed Expectations

Every Insurance Management Student Hired before the End of the First Semester

In what has already been a fantastic year for the Insurance Management Program (IMPG) at Humber, all current students were hired in the insurance industry before the end of their first semester.

Humber Insurance Management Students Invited to National Adjusters Conference

The Humber Insurance Management Program was invited to attend the Ontario Independent Adjusters Association (OIAA) Conference that took place on January 23, 2019.

A Great Night for the Insurance Management Program at IIC Convocation

The Insurance Institute of Canada hosted its annual GTA Convocation at the Metro Toronto Convention Centre on January 24, 2019.

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.