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Associate, Insurance Accounting and Finance (AIAF)

Jointly sponsored by LOMA and the American Institute for Chartered Property Casualty Underwriters / Insurance Institute of America (AICPCU/IIA), the Associate, Insurance Accounting and Finance (AIAF) program will provide you with a broad view of the accounting and financial operations of life and health insurers.

 

AIAF is the ideal program for you if you work in accounting or other financial areas, or if you work in Information Services and use financial data to evaluate insurer performance.

 

Why You Should Enroll

When you complete the five AIAF Program courses, you will

  • Be familiar with accounting procedures used in the life and health insurance industry

  • Know the statutory accounting requirements that insurance companies must follow
  • Distinguish between statutory accounting, GAAP, and tax-basis accounting
  • Understand the insurance accountant's role in planning, budgeting, and management reporting
  • Be familiar with cost allocation, treasury management, and asset/liability matching operations within insurance companies

 

AIAF Program Courses

Beginning January 1, 2007, the AIAF life/health track consists of the following courses:

  • LOMA 290—Insurance Company Operations (LOMA)
  • LOMA 356—Investment Principles and Institutional Investing (LOMA)
    or AIAF 113—Insurance Company Finance (AICPCU/IIA, discontinued in 2007)
  • LOMA 371—Managing for Solvency and Profitability in Life Insurance Companies (LOMA)
  • AIAF 112—Insurance Information Systems (AICPCU/IIA)
  • AIAF 400—Statutory Accounting for Life and Health Insurers (LOMA)

How to Enroll

Log in to LOMANET, LOMA’s internet-based system that allows students and training administrators to access student information, monitor progress, and enroll for exams. New student? Visit LOMANET at www.lomanet.org and create an account today!

 

The course and exam for AIAF 112 are offered by the AICPCU/IIA. For details on this exam, contact AICPCU/IIA at www.aicpcu.org, 800-644-2101 or 610-640-9576 (fax).

 

For More Information

Contact your company’s LOMA Educational Representative or contact LOMA's Office of the Registrar.

LOMA's Office of the Registrar
Phone: 800-ASK-LOMA (Option 1) / 770-984-3761
Fax: 770-984-6415
E-mail: education@loma.org


Download the LOMA Education and Training Catalog

Student Services Center (for enrollment forms and resources)

 

 

 

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