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Certified Life Underwriter

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Certified Life Underwriter

Certified Life Underwriter

Why Choose ICM For Careers?

Becoming a Certified Life Underwriter in California

When you are seeking to become a certified life underwriter, there are several avenues that one can take. Many employers prefer people with bachelor’s degrees, particularly those which include coursework in mathematics, finance, business, and economics. Interning or working part-time with an insurance company can be a great way of making contacts and gaining practical experience in the industry while getting the qualifications you need to become a life underwriter. Alternatively for those who have already been through college, seeking entry-level jobs with said companies such as procurement clerk or insurance policy processing clerk can be an excellent way of beginning a transition to a new career while going to night school or taking online classes to get certified. This is also the likeliest way of entering the industry for those without bachelor’s degrees. Regardless of which way you approach the industry, you will need a professional designation to be a life underwriter.

Why Choose ICM For Careers?

Becoming a Certified Life Underwriter in California

When you are seeking to become a certified life underwriter, there are several avenues that one can take. Many employers prefer people with bachelor’s degrees, particularly those which include coursework in mathematics, finance, business, and economics. Interning or working part-time with an insurance company can be a great way of making contacts and gaining practical experience in the industry while getting the qualifications you need to become a life underwriter. Alternatively for those who have already been through college, seeking entry-level jobs with said companies such as procurement clerk or insurance policy processing clerk can be an excellent way of beginning a transition to a new career while going to night school or taking online classes to get certified. This is also the likeliest way of entering the industry for those without bachelor’s degrees. Regardless of which way you approach the industry, you will need a professional designation to be a life underwriter.

Life Underwriter

CLU Certification

The CLU, Chartered Life Underwriter designation, is the benchmark by which other certifications are measured, as the industry’s oldest qualification (it recently celebrated its 90th year). Its emphasis is on equipping underwriters with the ethics and commitment to clients that will serve them well throughout their careers, and it takes that orientation seriously. It requires 30 hours of continued education every year in order to maintain the certification, and if the certification committee of the The American College’s Board of Trustees deems it necessary, you can be stripped of your designation for unethical conduct. However, according to schools CLU holders have a 51% higher income than other financial professionals because of the skills they acquire to help clients set and reach financial goals, achieve financial security, and manage successful businesses. The CLU is widely available from numerous training programs.

FLMI Certification

IThe Fellow, Life Management Institute program, or FLMI, teaches advanced insurance and financial concepts to help students develop an in-depth understanding of the insurance industry. It’s the world’s largest university-level education program in insurance and financial services, comprising 10 courses, and has been around since 1934. However, it is only available through LOMA, the Life Office Management Association.

Life Underwriter Advice

CLU Certification

The CLU, Chartered Life Underwriter designation, is the benchmark by which other certifications are measured, as the industry’s oldest qualification (it recently celebrated its 90th year). Its emphasis is on equipping underwriters with the ethics and commitment to clients that will serve them well throughout their careers, and it takes that orientation seriously. It requires 30 hours of continued education every year in order to maintain the certification, and if the certification committee of the The American College’s Board of Trustees deems it necessary, you can be stripped of your designation for unethical conduct. However, according to schools CLU holders have a 51% higher income than other financial professionals because of the skills they acquire to help clients set and reach financial goals, achieve financial security, and manage successful businesses. The CLU is widely available from numerous training programs.

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LUTFC and FSCP Certifications

The National Association of Insurance and Financial Advisors (NAIFA) has a program called LUTFC, the Life Underwriter Training Council Fellow, which has been used by more than 70,000 professionals in the years since 1984 when it was introduced and focuses on boosting sales production of its students. It competes with the newer designation, the Financial Services Certified Professional, offered by American College as a direct competitor. The FSCP positions itself as offering a holistic program that empowers its students to serve the long-term needs of clients, as opposed to what it calls the ‘narrow, product selling’ focus of other professional certifications.

Do you want to know about…

LUTFC and FSCP Certifications

The National Association of Insurance and Financial Advisors (NAIFA) has a program called LUTFC, the Life Underwriter Training Council Fellow, which has been used by more than 70,000 professionals in the years since 1984 when it was introduced and focuses on boosting sales production of its students. It competes with the newer designation, the Financial Services Certified Professional, offered by American College as a direct competitor. The FSCP positions itself as offering a holistic program that empowers its students to serve the long-term needs of clients, as opposed to what it calls the ‘narrow, product selling’ focus of other professional certifications.

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Your
Future

Independent Capital Management, Inc. has life underwriters with a variety of designations, and can advise on how to improve your chances of entering the industry on the right footing. If you’d like to know more, or are interested in joining the ICM family, get in touch on 949-453-7660, or follow this link.