I am looking at getting my Associate in Insurance Accounting and Finance (AIAF) designation. I am working at an Insurance startup and they wants me to be well versed with statutory accounting. Does anyone here that holds this designation provide me some insight. Specifically, How long would the AIAF takes to complete and is the material provided by the institutes is enough to complete it. What else would you recommend to the person starting. There isn't a ton of information about it online so hoping someone in this group has some insight.
Associate in Insurance Accounting and Finance (AIAF)
byu/AnshulMantri inInsurance
Posted by AnshulMantri
1 Comment
I completed it after a CPCU and it took about 6 months. I don’t recall what might have carried over/double counted from CPCU so it might take you longer. The Institutes’ literature is sufficient to pass the tests because they test on their own content.
It isnt a very popular designation because accounting is difficult and insurance accounting is especially difficult for a lay person. I don’t know whether or not it would be enough for a person directly in an insurance accounting role.