The Katie School supports students pursuing professional designations by:

• Paying a portion of the student's exam fees (Exam Fee details)
  
• Offering a one-day review course, if enough students express interest
  
• Providing students with a $230 award for passing any CPCU exam including CPCU 557.
  
• Providing students with a $150 award for passing any ARM, ARe, or AIC exam.
• Providing students with $100 award for passing any INS exam.
• ALL AWARDS ARE PAID TO THE ISU FINANCIAL AID OFFICE AND CREDITED TO THE STUDENT'S ACCOUNT.
  
• Providing on-site exam center
• Providing independent study credits for successful completion of pre-approved CPCU courses

To be eligible for the CPCU award a student must successfully complete the CPCU course and apply for the award either while enrolled as a student at Illinois State University, or within six months of graduation.

Professional Designations

The Katie School encourages students seeking a career in insurance to pass as many courses as possible leading toward industry designations and certifications.Credits may be obtained for the following:

AIC - Associate in Claims

ARM - Associate in Risk Management

ARe - Associate in Reinsurance

CLU - Chartered Life Underwriter

CPCU - Chartered Property and Casualty Underwriter

INS - Program in General Insurance

Contrary to appearances, these designation programs are not limited to people seeking a job in underwriting.

The courses apply to all functions of the industry. Although it is unlikely that a student would be able to attain a full designation before graduating, it is possible to successfully complete one or more of the required courses. Completion of these courses before graduation would likely enhance the job prospects for a student and give students a head start once they have entered the industry.

 

CPCU/IIA

The new CPCU program is eight parts. The IIA exams include the three-part INS program in general insurance. One part, INS 23 (Commercial and Insurance) uses the same textbook that will be used in the FIL 350 (Commercial Property) and FIL 352 (Commercial Liability). All insurance majors or minors should at least take the INS 23 exam. The INS exam is two-hour multiple choice exam that can be taken at Illinois State.

A bit more ambitious but a highly recommended approach is to take CPCU 557 in lieu of INS 23. Your course work on FIL 350 and 352 will cover more than 75 percent of the material required for the CPCU 557 exam. The Insurance Company Operations course, FIL 355, coincides with the CPCU 520 material and exam. These exam fees will be paid for by the Katie School with the proper paper work. Please come into room 432 of the COB for these forms.

As for the exam itself, the American Institute for CPCU offers CPCU exams during four time windows:

• January 15 – March 15
• April 15 – June 15
• July 15 – September 15
• October 15 – December 15

More information about CPCU and other courses is available.

 

CPCU and CLU Programs

The CLU program has been recently revised. The new CLU program is an eight course program. Payment for the CLU exams from the Katie School is the same as it is for the CPCU exams.