College of Business Illinois State University
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Goals & Indicators of Student Success

The table below displays goals for insurance program students. The Chief Indicators describe common characteristics that students display who have achieved the goals. The related courses prepare students to achieve those goals.

Goals Chief Indicators Related Courses
A Competent Insurance Practitioner

Comprehend the principal risk exposures to property, liability, life, and health

FIL 250
FIL 350
FIL 351
FIL 352

Understand how risk exposures and theoretical concepts of risk affect insurance policy design, coverages, and contractual provisions

FIL 250 
FIL 350
FIL 351
FIL 352
FIL 354

Be familiar with the structure of the insurance industry, in terms of primary insurance, captives, reinsurance, surplus lines and alternative risk markets

FIL 250
FIL 352

Follow the trends, market cycles, and structural changes in the insurance industry

FIL 355

Possess a significant knowledge of insurance company operations in terms of sales, claims, accounting, underwriting, and reserving

FIL 250
FIL 355

Have a thorough knowledge of insurance terminology

FIL 350
FIL 351
FIL 352
FIL 355

Understand the contents of commonly used insurance contracts

FIL 350
FIL 351
FIL 352
A Critical thinker in risk management

 

Identify and pinpoint a risk exposure as a problem to be solved with a risk management solution

FIL 250 
FIL 350
FIL 351
FIL 352
FIL 354

Collect information to assess the risk exposure and identify the assumptions which must be made in the process of recommending a risk management solution

FIL 250 
FIL 350
FIL 351
FIL 352
FIL 354

Decide if the risk exposure should involve an insurance solution

FIL 250 
FIL 350
FIL 351
FIL 352
FIL 354

Be capable of putting together an insurance coverage package that accurately and creatively addresses the risk exposure that is identified

FIL 350
FIL 352
FIL 354
A Professional with communication and interpersonal skills

 

Write clear, concise and grammatically correct prose when corresponding with clients, regulators, and industry colleagues

FIL 355

Make effective oral presentations when presenting or discussing insurance issues or proposing insurance solutions to clients

FIL 355

Have good listening skills to help in understanding client's needs for insurance solutions

FIL 355

Be able to communicate effectively as a member of a risk management team

FIL 350
FIL 351
FIL 352
FIL 354

Be able to explain insurance concepts/coverages in a clear, persuasive manner

FIL 350
FIL 351
FIL 352
FIL 354

An Ethical Insurance Professional

 

Be familiar with the ethical dimensions that underlay the legal and regulatory environment of the insurance industry

FIL 250

Recognize that ethical dilemmas often emerge in professional situations and understand that there is not always a certain and easy solution

FIL 250

Apply ethical codes of conduct in client and other professional relationships

FIL 250

Have awareness of the economic costs and costs to one's reputation due to bad ethical decisions

FIL 250

Show leadership in ethical conduct

FIL 250

 

2018-06-19T14:34:41.671-05:00 2018