IFS Online: Insurance & Financial Services News

Thursday, March 13, 2008

What is the Value of a Designation?

What is the value of a designation in the insurance industry? Why do we work to earn those letters after our names? Are they really worth the effort?

In a recent article in Rough Notes Magazine (April 2007), by author Ruth E. Phillips, CISR, CPSR, CPIW, she noted that there are often misconceptions about designations. Some bosses think they are simply a waste of time and money. Designations mean more than being out of the office in class or passing tests. A designation after your name is a signal to the public that you are a professional in your chosen career field. Whether you are a CSR, producer, underwriter or claims adjuster, there is a designation tailored for you.

Pursuing a designation does give you a chance to take a course (whether in a classroom or online), participate in a class, and perhaps even take a test. But it is not just a class. It is continuing education, the key word here is continuing. It is a course that by design will keep you, the professional, current in your chosen field.

Designations offer value to employers as well. Earning a designation or attending a continuing education class may mean free publicity for your employer. Many local newspapers will run a press release with information regarding your achievement. Also, the awarding institute will usually offer a sample press release. Your employer will be recognized for encouraging your professional growth. Agency owners can also be assured their employees are staying up to date on current trends and industry happenings.

Through Learninsurance.com’s online designation preparation courses you can prepare for many different industry designations including:

· ARM
· CCMP
· CPCU
· CPDM
· INS
· WCCA
· WCCP
· IIA
· CLU
· ChFC
· CIC
· CFS
· CAS
· BCE
· RIS
· PPM

Please visit us at http://www.learninsurance.com/designation-courses.cfm for more information and to enroll.

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