Certification Industry: Insurance
Certificate Name: Chartered Property Casualty Underwriter
Certificate Issuing Authority: TheInstitutes.org
The domain of Insurance today requires a broad understanding of emerging concepts in terms of risk management and therefore, the Chartered Property Casualty Underwriter (CPCU) credential comes into the picture. It ensures enhancement of credibility through exceptional knowledge of coverage applications, various risk transfer rules, data analysis, and more.
Average Salary Range
USA : $79,000
India: 6,50,000 INR
Who Should Apply for Chartered Property Casualty Underwriter?
The Chartered Property Casualty Underwriter (CPCU) credential is the most relevant and trusted credential in risk and insurance. Agency, Brokers, Agency Principals, Claims Representatives, Line of Business Managers and Executives, Insurance Litigators, Risk Managers, and Underwriters should apply for the CPCU credential.
Unmatched Acknowledgement -
The Chartered Property Casualty Underwriter (CPCU) credential is considered to be a highly prestigious and recognized certification as it involves rigorous knowledge and skills. It receives the respect and acknowledgment of everyone in the workplace.
Professional Goals -
All the certification holders having exemplified an extraordinary skill and understanding in the domain of Insurance and Risk Management, believe that this designation not only gives them immense recognition but also helps them achieve their career goals.
Step I. CORE
Building a solid knowledge base.
CPCU 500: Managing Evolving Risks
CPCU 520: Connecting the Business of Insurance Operations
CPCU 530: Navigating the Legal Landscape of Insurance
‘CPCU 540: Impacting the Bottom Line of Insurance Financials
Step II. CONCENTRATION
Selecting an area of specialty:.
CPCU 551: Commercial Property Risk Management and Insurance
CPCU 552: Commercial Liability Risk Management and Insurance
CPCU 553: Survey of Personal Insurance and Financial Planning
CPCU 555: Personal Risk Management and Property Casualty Insurance
CPCU 556: Personal Financial Planning
CPCU 557: Survey of Commercial Insurance
Step III. ELECTIVES
Focus based on your career.
*Completion of one elective course is required.
AAI 83: Agency Operations and Sales Management
AAI 87: Agency Leadership and Strategic Alignment
AIC 31: Property Claims Practices
AIC 32: Liability Claim Practices
AIC 39: Auto Claim Practices
AIC 44: Workers Compensation Claim Practices
AIC 47: Claims Leadership and Organisational Alignment
ARe 144: Reinsurance Principles and Practices
AU 67: Strategic Underwriting Techniques
Step IV. EXPERIENCE
Proving experience in risk and insurance.
This Matriculation form highlights professional experience and officially registers a candidate as a CPCU designee.
Step V. ETHICS
Understanding ethical decision making.
Ethical Decision Making in Risk and Insurance
Ethical Guidelines for CPCUs
The average completion time for Chartered Property Casualty Underwriter (CPCU) credential is 2-3 years which spreads across the following courses:
CPCU 500 (4-6 weeks)
CPCU 520 (5-7 weeks)
CPCU 530 (5-7 weeks)
CPCU 540 (5-7 weeks)
CPCU 551 (6-8 weeks)
CPCU 552 (6-8 weeks)
CPCU 553 (5-7 weeks)
CPCU 555 (6-8 weeks)
CPCU 556 (5-7 weeks)
CPCU 557 (5-7 weeks)
For more details, log on to CPCU.