- Underwriting Basics
- Underwriting Policy
- The Underwriting Process
- Sources of Underwriting Information
- Classes of Business
- Product Design
- Underwriting of Life Insurance
- Underwriting of General Insurance
- Mortgage Underwriting
- Life Insurance Underwriting
Online
₹ 3,499
Quick facts
particular | details | |
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Medium of instructions
English
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Mode of learning
Self study
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Mode of Delivery
Video and Text Based
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Course overview
The Certified Underwriter programme will teach candidates all about the fundamental principles of Underwriting. The curriculum covers a wide variety of topics related to Underwriting and Underwriting management. Candidates can access the learning material online or get the hard copies delivered at home.
Moreover, the online certification exam will test candidates in areas, including basic product design, product pricing, underwriting practices in India, SEBI laws related to Underwriting, and the latest claim management trends. After passing the online exam for the Certified Underwriter online course, they will be tagged as ‘Vskills Certified’ underwriters on job-search sites like Shine.com and Monsterindia.com. The underwriter certification will be valid for life, and they will also have lifelong access to the e-learning material.
As a Certified Underwriter course, candidates will find lucrative job opportunities with companies that are in the business of Underwriting or Insurance. These companies could be public or private. Some of these organizations include Accenture, Genpact, Bajaj Allianz, AIG Analytics, and Bharti AXA, among others.
The highlights
- Government certification
- Certification with lifetime validity
- Practice tests for free
- Lifelong access to e-learning material
- ‘Vskills Certified’ underwriter tag on Monsterindia.com
- Certification tag on Shine.com
Program offerings
- Online exam
- Free practice tests
- Sample chapters
- Lifelong e-learning access
- Lifetime certification
- Government certification
- Call-back facility
Course and certificate fees
Fees information
Candidates can pay the fee for the Vskills Certified Underwriter programme using a debit card, credit card, or net banking.
- All Visa, Master, and Amex cards are accepted. Debit cards from all Indian banks are also accepted.
- Candidates can also avail variable discount on the course fee from time to time.
The Certified Underwriter course fee structure
Course | Fee |
Certified Underwriter | Rs. 3,499 (+GST) |
certificate availability
certificate providing authority
Eligibility criteria
Certificate Qualifying Details
To get certified as an Underwriter, candidates must pass the online Certified Underwriter certification exam. Out of 50 questions, they must get at least 25 right. There will be no negative marking. The duration of the exam is 60 minutes.
What you will learn
After completing the Vskills Certified Underwriter online course, candidates should have a thorough understanding of:
- Fundamentals of Underwriting
- Types of Underwriting
- Underwriting Policies
- Underwriting Process
- Underwriting Cycle
- Product Design
- Product Pricing
- General Insurance Underwriting
- Life Insurance Underwriting
- Mortgage Underwriting
Who it is for
Admission details
Step I: Visit the Course page.
Step II: Click on the ‘Buy now’ tab to purchase the certification course. You will be directed to the ‘checkout’ page.
Step III: Next, register with Vskills by creating an account. You need to provide contact details and create a password for the same.
Step IV: Once you have registered, choose a convenient payment method.
Step V: Finally, confirm the order and pay the programme fee to complete the enrolment procedure.
Filling the form
For candidates buying the Vskills Certified Underwriter online course, Candidates must not fill any separate application form. You only need to register with Vskills. To do that, enter your contact details in the ‘Account details’ section on the ‘Checkout’ page. Provide information such as first name, last name, phone number, email ID, and country. Finally, create a password and complete the registration.
The syllabus
Meaning and Fundamentals of Underwriting
Underwriting & Product Pricing
- Types of Underwriting
- Other forms of Underwriting
- General Underwriting Considerations
- Assessment & Management of Exposure
- Perils & Clause of Insurance Policies
- Rules and Regulations Under Tariff
- Operational Control
- Nature of Claim for Various Classes of Insurance
- The Underlying Reason for Classification
- The Separation of Life and Non-life
- Claim settlement & its Significance
- Dispute, Litigation & Arbitration
- The Role of Insurance Intermediaries
- Underwriting Cycle
- The COPE Model
- Underwriting Results
Underwriting in India
- Underwriting Types
- Types of underwriters
- SEBI (UNDERWRITERS) REGULATIONS 1993
- SEBI (Underwriters) (Amendment) Regulations, 1999
- SEBI (UNDERWRITERS) (AMENDMENT) REGULATIONS, 2002
- SEBI (UNDERWRITERS) (AMENDMENT) REGULATIONS, 2006
- SEBI (UNDERWRITERS) (AMENDMEN T) REGULATIONS, 2011
Trends in Claim
- Introduction
- Role of IT in Claim Adjustment
- Customer Service
- Insurance Business & Claim Management in other Countries
- Automated Underwriting
Evaluation process
Candidates must score at least 50% in their online certification exam, that is, at least 25 questions out of 50 must be answered correctly. Candidates will have 60 minutes to answer all questions, and there is no negative marking.
How it helps
After completing the Vskills Certified Underwriter certification course, candidates will become Government-certified underwriters. Their certifications will be valid for life, and they will also have lifetime access to the e-learning material. They will be tagged as ‘Vskills Certified’ Underwriters on popular job search sites like Shine.com and Monster.com.
The Certified Underwriter course will equip candidates with the skills and knowledge necessary to work as an underwriter in top Insurance and Underwriting companies, in both the private and the public sector. Some of these companies include Accenture, Genpact, Bajaj Allianz, AIG Analytics, and Bharti AXA, among others.
FAQs
Yes, you must pay to access the learning material and take the certification exam. However, you can access sample questions, practise tests, and mock tests for free.
Once you pay the course fee, you will get lifetime access to the e-learning material.
You can use a credit card, debit card, or net banking to pay for the course. Vskills also accepts all Visa, Master, debit cards, and Amex cards from Indian banks.
No, you can have offline access as well. If you wish, you can have a hard-copy of the study material delivered once you pay the course fee.
The passing marks are 50%. Out of 50 questions, you must answer at least 25 correctly in 60 minutes. There is no negative marking in the online exam.