Risk Management and Insurance Planning (FPRA)

Summary

This one-module course in Risk Management and Insurance Planning is essential learning for anyone involved in advising clients on techniques for mitigating risk, appropriate insurance cover and overall financial guidance. Students will gain a better insight on how to evaluate the suitability of insurance products, mitigating risks, to include most of the risks that customers will face through their financial lives, including mortality and illness risk, investment risk and longevity risk among others. This course will also cover a small element of business accounts that will add to the credibility of the advice offered to clients.

Benefit to you

The FPRA will provide students with specialist knowledge and the ability to:

• discuss the meaning of risk and the role it plays in financial advice and planning
• prioritise a client’s risk management needs
• deliver the practical application of tools and techniques to construct and manage client portfolios
• evaluate the appropriateness of insurance products in mitigating risk and estimate appropriate levels of insurance cover based on a client’s needs analysis
• provide innovative solutions when advising customers on risk management and insurance planning.

This course is for:

The Financial Planning Risk Adviser (FPRA) designation is a progression route for those who hold the QFA designation and is ideal for those working in advisory, product production or support roles in the areas of Financial Advice / Risk Management / Insurance Planning and who want to drive their knowledge forward, beyond minimum competency requirements.

Delivery and Assessment

This part-time online course consists of a single module, delivered one evening per week over a 12-week period.

Assessment is conducted on a continuous basis through three components: the first and second exams each contribute 25% to the final grade, while the final exam accounts for the remaining 50%.

Fee

€1,100

Award and Designation

Upon completion, participants receive a Certificate from ATU Sligo and will be awarded the Financial Planning Risk Adviser (FPRA) designation by LIA.

*Students must hold an active QFA designation to hold the FPRA designation. 

CPD

8 Hours Continuous Professional Development (CPD) is awarded on successful completion of this course. 

Progression 

Those that successfully complete this course will receive a module credit against the Risk Management and Insurance Planning module on the prestigious Postgraduate Diploma in Financial Planning - LIA's gateway to achieving the internationally recognised financial planning designation, Certified Financial Planner™ professional. 

Find out more

For more information about this course please contact our education team level9@lia.ie or 01 456 3890

Alternatively, you can register your interest here to receive more information.

How to Register

To register click the link below to complete an application form. Please ensure you meet the entry requirements before enrolling. Your application form will be reviewed to ensure you are eligible to complete this course. Payment will not be required until after you have been accepted to the course.