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Business Insurance


Location(s):  Moose Jaw   

Business Insurance is a diploma program. It combines the knowledge and skills of a business professional with courses that specifically relate to the property and casualty insurance industry.

Students who complete the program will have written seven (7) Insurance Institute of Canada (IIC) exams. This gives graduates advanced standing towards the completion of the Chartered Insurance Professional (CIP) designation. The remaining three (3) courses required for the CIP designation are available through the Insurance Institute.

Students who complete INS 100 (Principles and Practices of Insurance) will have the opportunity to participate in a paid voluntary four-month work term between the end of the first year and the start of the second year of the program.

Length: 64 weeks

Year 1 (Business certificate) - 32 weeks; Year 2 - 32 weeks

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Career Opportunities

Career opportunities exist in all communities in Saskatchewan. As well, the insurance industry provides a variety of options for career advancement.

For more information about career opportunities related to this program, contact Student Employment Services at the campus nearest you.


  • claims examiners
  • insurance adjusters
  • insurance agents
  • insurance brokers
  • insurance sales representatives
  • underwriters

Program Details

Start Date(s): August

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Admission Requirements


  • Minimum of nine courses from the Business Certificate program (Palliser Campus or Woodland Campus) - must include Introductory Financial Accounting 1 (ACCT 122), Business Communications 2 (BCOM 121), and Principles and Practices of Insurance (INS 100)

  • English Language Requirement


Note

You must complete the Business certificate requirements before being awarded the Business Insurance diploma.

Applicants who do not possess the academic qualifications for a program may be admitted if evidence of probable success can be established through a special admission assessment. Interested individuals should still apply. Applicants are automatically considered for special admission. However, some specific admission requirements may still need to be met. Refer to the ACCUPLACER© cut scores and Post Secondary Success Requirements for this program below, and review additional details concerning Special Admission.



ACCUPLACER ©     

ACCUPLACER© Cut Scores
for this program

See Business certificate
Post-Secondary Success

Post-Secondary Success Requirements
for this program

See Business certificate


Admission Method

First Qualified/First Admitted

The First Qualified/First Admitted (FQFA) process is used for the majority of SIAST programs. When we determine that you meet the program's admission requirements, you will be offered admission based on the date you fully qualify for the program. The earlier you provide the appropriate documents and information that qualify you for admission to the next intake, the earlier you might begin your studies. Your application, once qualified, is always considered for the next intake.

Applicants to programs with multiple intakes in an academic year remain in the application pool until the last intake for that academic year has begun. Programs using the FQFA process receive applications year round and maintain an application pool for each academic year. Qualified applicants who are not offered a seat must reapply for the next academic year.

Sponsored programs or programs targeted to specific groups do not accept applications year round or maintain an application pool.

Tuition and Fees

  • For complete details on tuition and fees for this program, click here to access the SIAST campus Tuition and Fee Schedules.

Learning Method(s)

SIAST offers a variety of learning methods for course delivery. The following learning methods are available for some of the courses in this program.
      Classroom
      Home Study
      Online
      Televised/SCN
      Work-based Training

Please refer to the course descriptions for course specific learning methods.

Prior Learning Assessment and Recognition (PLAR) Availability

SIAST recognizes that adults learn in many different ways and through many different means. This includes acquiring knowledge and skills through life and work experience or non-formal training.



Transfer Credit

Many SIAST students benefit from transferring credit. You may be eligible to transfer credit from or to another college or university. To learn more, visit our transfer credit web page.

Transfer credit options vary over time; this information is subject to change. Some transfer credit options for this program include:

  • advanced standing at most Canadian universities and colleges toward courses leading to various degrees, management certificates or professional designations (CIP)


Year 1 - Business Certificate Program
expand/contract all

Year 2

  • ACCT 225  Managerial Accounting

    • Your studies will provide an introduction to the fundamentals of managerial accounting. You will examine cost concepts, pricing strategies, manufacturing accounting, cost allocation and budgeting processes, and you will be able to select appropriate managerial accounting techniques for decision making.

    5.0 Credit Units
    80.0 Lecture hours

    Learning Method(s): Lecture/Theory, Televised/SCN, Independent Study, Prior Learning, Correspondence

    Prerequisites:
    ACCT 122 Minimum Grade of 60

  • ADMN 206  Leadership Development

    • You will obtain a solid understanding of organizations and personal leadership. Your study will focus on blending principles and techniques of leadership, motivation, management, and self-development in an effort to help you develop your own philosophies about managing and being managed. Key topics include: the history and evolution of leadership thought, leadership effectiveness through the application of motivational techniques, facilitating follower empowerment, experiential learning and strategic leadership.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

  • ADMN 207  Essential Career Skills Development

    • You will identify and develop the knowledge, skills and behaviours appropriate for conducting a successful employment search. You will discover your qualifications and how to promote yourself to employers.

    2.0 Credit Units
    32.0 Other hours

    Learning Method(s): Lecture/Lab, Prior Learning

  • ADMN 220  Organizational Behaviour

    • You will study human behaviour in organizations and develop the skills needed to deal with people at work. The course content includes individual behaviour, values, interpersonal relationships and communications, group and team dynamics, organizational culture, leadership and change. All topics are dealt with in the context of diverse formal organizations.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory, Televised/SCN, Prior Learning

  • ADMN 255  Managing Conflict in the Workplace

    • Your studies will focus on an introduction to conflict resolution, designed to provide you with interest-based conflict resolution models and primary interpersonal skills to handle workplace conflicts. The course is designed not only as an introduction to developing skills in managing conflict, but as well as providing organizational leaders with skills to manage conflict. You will obtain insights and be educated in conflict theory, negotiation strategy, needs grounding related to basic interpersonal communication and management skills, such as rapport building, empathetic listening, behaviour modelling, reframing, problem solving, and decision making. You will develop conflict resolution skills through a combination of lecture material, in-class assignments, role-plays and demonstrations, reading assignments, and problem-solving challenges.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory, Televised/SCN, Prior Learning

    Equivalent Course(s):   DRCP 221   

  • INS_ 200  Insurance on Property

    • You will study the basics of insurance on commercial and personal property. The course content lays a foundation for references to discussions of property insurance in other courses in the Chartered Insurance Professional (CIP) program. Your studies will include discussion of current issues and legislation pertaining to insurance on property.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • INS_ 201  Automobile Insurance

    • You will study the principles of automobile insurance in Canada with an emphasis on insurance practices in Saskatchewan. Your studies will include a review of the legislation, policies, and regulations related to personal automobile insurance. You will study the concept of underwriting, rate-making, and driver’s coverage.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • INS_ 202  Essential Skills for the Insurance Broker and Agent

    • You will study the insurance business from a broker’s and agent’s perspective. Your studies will focus on the needs of personal lines clients and small commercial risks. The course introduces the concepts of the broker as an insurance intermediary, follows the progress of risk from initial broker-client contract, continues through the evaluation and application, and ends with the binding and issuing of a policy. Your studies also include major insurance product lines and common policy transaction.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • INS_ 203  Insurance Against Liability

    • You will develop a basic understanding of the Canadian legal systems and their relationship to liability insurance. Your studies will include how different types of liability arise, how legal concepts apply to liability insurance, and how policies and coverages are available for liability exposure. The course content will outline basic underwriting consideration for various types of liability exposure.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • INS_ 204  Essentials of Loss Adjusting

    • You will review concepts addressed in other insurance courses from a claims viewpoint. Your studies will include a review of the Canadian legal systems, contract law, and other areas pertinent to insurance claims. The course content includes the standards of conduct that apply to independent adjusters.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • INS_ 205  Underwriting Essentials

    • You will explore the role of an underwriter as an investor of shareholder capital on behalf of the insurer. Your studies will include the evolution of the role of underwriter, and you will also explore the process and factors that determine the acceptance or rejection of risk. You will develop the knowledge and skills required to perform as an underwriter as well as the interpersonal skills required in your interactions with the public and your colleagues.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory

    Prerequisites:
    INS 100 Minimum Grade of 60 and BCOM 121 Minimum Grade of 60

  • LAW_ 220  Commercial Law

    • Your studies will focus on the field of commercial law. You will examine in detail the concepts of contract law and how these concepts are influenced by various legislative acts and common law. Particular attention will be focused on: tort law, negotiable instruments, secured transactions, insurance, bailments, agency, real property law, employment, sale of goods, and the various forms of business organizations.

    4.0 Credit Units
    64.0 Lecture hours

    Learning Method(s): Lecture/Theory, Televised/SCN, Online/Blackboard

    Equivalent Course(s):   ACP 170    LAW 240   

  • MKTG 221  Professional Selling

    • Your studies will focus on a comprehensive study and practice of all aspects of selling in today's dynamic market including the essential traits of a salesperson, psychological factors, product knowledge, selling aids, making the contact, closing the sale, sales management, and selling ethics.

    5.0 Credit Units
    80.0 Other hours

    Learning Method(s): Lecture/Lab, Work Based Delivery, Prior Learning

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