FLMI Course Descriptions

	FLMI Program Course Descriptions
The LOMA Education and Training Catalog offers a detailed description of these courses and their assigned texts. To see the learning outcomes for each course, click here or click on the course name below. If you would like to order course materials from our book distributor, click here for contact information.

LOMA 280: Principles of Insurance: Life, Health, and Annuities reviews the fundamentals of the business, giving an up-to-date overview of:
How insurance works Policy elements, provisions, and pricing Types of life, health, and retirement plan coverages
LOMA 290: Insurance Company Operations overviews company formation, structure, and function, demonstrating how various departments work together to:
Identify customers’ needs Develop, price, and distribute products Handle underwriting, customer service, and claims Perform accounting, investment management, and compliance duties
LOMA 301: Insurance Administration presents a broad overview of insurance administration practices, drilling down into critical business functions such as:
Underwriting individual life and health coverage, group coverage, and supplemental coverage Reinsurance forms, treaties, and administration Claims administration for life, long-term care, disability income, and critical illness
LOMA 311/316: Business Law for Financial Services Professionals (U.S./Canada) presents the basic features and principles of the legal environment in which financial services companies around the world operate, including:
Regulation of business, civil disputes Contract, agency and property law Ownership of financial services products, rights of third parties contests and remedies Program Update: LOMA 310 has been replaced in the FLMI Program by LOMA 311: Business Law for Financial Services Professionals effective May 1, 2004. (Students who have already completed LOMA 310 may apply it towards this designation). Program Update: LOMA 315 was replaced by LOMA 316, Business Law for Financial Services Professionals. (Students who have already completed LOMA 315 may apply it towards this designation).
LOMA 320: Life and Health Insurance Marketing reviews the critical elements involved in selling insurance products, offering critical perspective on:
Strategic planning and marketing planning Marketing research and activities, both domestic and international Consumer and organizational buyer behavior Distribution channel concepts and systems
LOMA 330: Management Principles and Practices offers strategic insight into the practices of good managers, helping you develop skills in:
Planning, decision making, and problem solving Organization, managing human resources, and communication Motivating, leading, and team building Control and operations management
LOMA 351: Financial Services Environment gives you valuable perspective on the non-insurance aspects of the emerging financial services marketplace. Learn the role of:
Money, capital, and mortgage markets Commercial banks, savings and loans, and credit unions Finance companies and financial conglomerates Securities markets and firms Central banks and monetary policy
LOMA 356: Investments and Institutional Investing provides an understanding of the investment environment and the general principles of investing in both individual securities and portfolios of securities. In this course, you will:
Understand the investment environment and general principles of investing Learn the principals of investing in both individual securities and portfolios of securities Explain roles, administrative systems and processes, goal setting, performance review, and risk management of institutional investing
Program Update: LOMA 340 has been replaced in the FLMI Program by LOMA 356: Investments and Institutional Investing effective December 31, 2004. (Students who have already completed LOMA 340 may apply it towards this designation).
LOMA 361: Accounting and Financial Reporting in Life and Health Insurance Companies shows how your company structures and reports its earnings, giving you crucial understanding of:
Internal control and auditing Financial statements and reports Accounting for assets, liabilities, capital, surplus, revenues, and expenses Regulatory supervision of financial condition
LOMA 371: Managing for Solvency and Profitability in Life and Health Insurance Companies presents tools you need to be a leader in a successful, profitable company, showing you how companies handle:
Product design, modeling, and testing Premium calculations and benefit costs Asset-share models for annuity and life products Reserves and cash values for life insurance and annuities Capital management and planning Reinsurance, expense management, and mergers
Credit for FLMI courses may also be granted toward the FFSI Program for a limited time. Visit www.loma.org/ffsi.asp and check the LOMA Education and Training Catalog for specific details.

To order FLMI and other LOMA Education and Training Program textbooks and study materials, download a textbook order form here. You may order course materials online directly through LOMA's book distributor—PBD Worldwide Fulfillment Services— www.pbd.com. You may also contact PBD via mail, phone, fax, or e-mail: PBD Worldwide Fulfillment Services P.O. Box 930108 Atlanta, Georgia 31193-0108 In the U.S. and Canada, call 1-800-887-3723 From elsewhere, call 770-442-8631, ext. 253 Fax: 770-442-9742 E-mail: LNH@pbd.com
For more information, e-mail education@loma.org