Insurance Management

The Business School will be offering a variety of delivery modes for new students in all programs.  These can include, asynchronous learning, synchronous learning, hybrid, and on-campus deliveries, including evenings and weekends.

The Insurance Management program is a two-semester graduate certificate program focused on training college or university graduates in claims investigations and adjusting, underwriting and brokering relationships within the property and casualty insurance sector.

This program, offered by The Business School, will provide you with a strong educational base in various aspects of insurance and prepare you to effectively function in the insurance industry, leading to supervisory, management or specialist positions in business, government and service organizations. You'll be able to explain how the business of insurance works as well as define and explain the importance of property and liability insurance. Upon graduation, you'll have acquired sufficient competency to be considered for employment in the property and casualty insurance sectors.

By including seven (7) of the ten (10) insurance industry-specific courses (the maximum the Insurance Institute of Canada, or IIC, allows), Centennial College's Insurance Management program will also provide a pathway to the Chartered Insurance Professional (CIP) designation. You'll be able to take the three remaining courses through the IIC. Please visit the Insurance Institute for all details regarding professional designation.

Please note:

• You must join IIC (at no cost) when starting the Insurance Management graduate certificate program and maintain the free IIC membership for the duration of your full-time studies.
• You'll be required to purchase insurance industry textbooks and resources directly through IIC, and to register and pay fees for the insurance industry exams through the IIC based on registration timelines strictly adhered to by the IIC (normally at the midpoint of the semester). For more, visit www.insuranceinstitute.ca.
• All courses require the purchase of textbooks. The Insurance course textbooks must be purchased through the Insurance Institute of Canada (IIC), before the start of the semester. The approximate cost is $300 per textbook.
• The textbooks and additional learning resources are required for academic success in the Insurance Management Program and Industry Exams, required for the CIP Designation.

Program Highlights

Centennial College's Graduate Certificate in Insurance Management offers a pathway for Financial Services and Community and Health Studies diploma graduates to specialize in a growing economic sector. Insurance Management program graduates will have the option of partially completing the academic requirements for Canadian Insurance Profession (CIP) designation through the Insurance Institute of Canada (IIC).

Career Outlook

• Claims Adjusting
• Underwriting
• Broking
• Investigators
• Sales
• Customer Service
• Examiners

Placement Partners

All State Insurance

Aviva Canada

RSA Canada

Crawford & Company

Desjardins General Insurance

Northbridge

Academic Requirements

• Degree or a college diploma in any discipline from a recognized institution
• We will consider applicants who have a college diploma or a partial university degree (75% complete), and who have a minimum of two years' work experience relevant to the program (transcript and resume review required).

Additional Requirements

• English language proficiency

1. Apply Online

Domestic Students

If you are applying through the Better Jobs Ontario Program, please apply at the Employment Training Centre (Progress Campus). The Better Jobs Ontario Program is a funding initiative for those who have been laid-off and are in need of training. For more information go to Better Jobs Ontario Program.

If you have previously attended a full-time program at Centennial College, you may be eligible for a Program Transfer. Visit Enrolment Services at any Campus for information.

All other applicants must apply online at Ontariocolleges.ca. A non-refundable application fee of $125 must accompany applications. The fee is payable online, by telephone, online banking, by mail, or in-person to Ontariocolleges.ca. For more information go to Ontariocolleges.ca Application Fees.

International Students

 Apply directly to Centennial College here.

2. Submit Documents

Domestic Applicants

Current Ontario high school students and graduates from Ontario high schools: Notify your guidance counsellor that you have applied to college and your school will forward transcripts to Centennial College via Ontariocolleges.ca.

Graduates of college/university, or high school outside Ontario but within Canada: You are responsible for requesting that your educational institute sends any required documents and transcripts to Ontariocolleges.ca.

Domestic applicants who attended school outside of Canada: If you are submitting transcripts to meet admission requirements, you must have the transcripts assessed by an independent credential assessment agency such as World Education Services (WES) or International Credential Assessment Service (ICAS). For more information go to Submitting your Transcripts.

International Applicants

Please refer to the International Education Application Guide.

3. Confirm Your Offer of Admission

Offers of Admission are sent by mail to eligible applicants. When you receive your offer, you must login to your account at Ontariocolleges.ca and confirm before the Deadline to Confirm noted in your offer letter.

You may confirm only one college and one program offer at a time.

You must confirm your offer by the Deadline to Confirm noted in your Offer of Admission letter or your seat may be given to another applicant.

When you confirm your Offer of Admission at Centennial College you are given access to your personal myCentennial account where you can check your email, grades, register for courses, pay tuition fees, and see your class timetable.

4. Pay Fees

Centennial fees statements are sent by email to your personal email account and to your myCentennial email account. Fees statements are not mailed.

You must make a minimum payment by the Fees Deadline noted in your Fees Statement or your seat may be given to another applicant.

5. Build Your Timetable (Register for Courses)

Build your timetable (web-register for courses) at my.centennialcollege.ca.

Fall registration begins mid-July
January registration begins mid-December
May registration begins mid-April

Your web-registration will not open if:

You have not submitted your minimum fee payment by the deadline
You received a Conditional Offer of Admission and you have not met the conditions of your offer.

Once you have paid your fees or have made appropriate arrangements, register for your courses online through myCentennial.

Fees noted below are estimates only. Tuition is based on two semesters, beginning Fall 2024.

All courses require the purchase of textbooks. The Insurance course textbooks must be purchased through the Insurance Institute of Canada (IIC), before the start of the semester. The approximate cost is $300 per textbook.

The textbooks and additional learning resources are required for academic success in the Insurance Management Program and Industry Exams, required for the CIP Designation.

Program Vocational Learning Outcomes

Program Vocational Learning Outcomes describe what graduates of the program have demonstrated they can do with the knowledge and skills they have achieved during their studies. The outcomes are closely tied to the needs of the workplace. Through assessment (e.g., assignments and tests), students verify their ability to reliably perform these outcomes before graduating.

1. Analyze claim data to ensure alignment of claim strategies with Canadian and Global economic principles. 
2. Manage and execute claims investigation and settlement using current management techniques to mitigate various categories of risk. 
3. Assess and apply accounting and economics principles to manage risk within multiple industry sectors. 
4. Evaluate the clauses, terms and conditions of various insurance policy wordings to determine the coverage for claims settlements, including complex claims. 
5. Investigate conflicts, unethical conduct or breaches of an established process to address the adjustment, negotiation and settlement of an insurance claim. 
6. Evaluate claims to determine compliance with corporate and regulatory guidelines and industry specific legislation. 
7. Develop and customize property, casualty, and automobile insurance programs/plans consistent with customer needs. 
8. Develop strategies for personal, career and entrepreneurial growth/development to enhance work performance and maintain currency with the insurance industry.