I'm looking into the CPCU program and I'm curious as to the steps involved. I recognize that I will have eight courses to complete, but I'm not sure about the test or tests. Will I have to take eight separate tests at $286 per test? Please provide any additional steps that you know of. Thanks!
2007-09-25 10:50:45 · 4 answers · asked by Jeremy S 3 in Business & Finance ➔ Insurance
I am currently working on my CPCU and have 2 more to go.
If you have your Associate in Claims, this can exempt you out of one of the cpcu classes (the law one I think). Also, if you have done INS (general certificate) that will also exempt you out of one of the cpcu.
My employer pays for me to take the exams -so I can't help you on cost of those but 200+ sounds about right.
The exams are given at the local Prometric center. They are taken on computer - essay. There is one exam that is multiple choice (I think that is the one INS exempts you out of).
There are 5 core ones you take - this includes the dreaded 540 (accounting). Then you take 3 in a concentration.
You really have to study for the tests. Know the vocabulary words. You can purchase flash cards or make your own. I study a lot with the review notes book. (I get the Smart aids). The textbook tends to be too complicated - so I study the review notes and read the section in the textbook if I need clarification. Again, my employer buys the study aids so I can't tell you much on cost there either. But the materials don't change that much from year to year. It's usually ok to borrow someone's materials from a year or two earlier. You don't have to have the most current stuff.
Sometimes the local chapter of the CPCU Society may offer classes that you can take for a fee - about 100, I think. You may be able to get your hands on some used study materials there too. It can't hurt to ask. You should be able to do an Internet search and find the CPCU Society near you. Most of the time - they have a web page.
You can also call the Insurance Institute. They have folks there who can help explain the program and the costs to you.
I believe the institute offers some on line study aids as well.
I have been doing self-study. You just have to buckle down and make yourself focus. It's really dry stuff.
It take a lot of hard work to complete CPCU, bit I can tell you know - I'll really be proud of myself once I do.
Good Luck
2007-09-25 11:15:18 · answer #1 · answered by Boots 7 · 0⤊ 0⤋
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There are online "classes" to take for the CPCU, but the exams are ALL in person, essay type. I've a bachelor's degree and some work on my master's, and the CPCU is EASILY harder than anything I've ever done before. BUT, because of that, because so few insurance people actually COMPLETE it, it DOES open a lot of doors for you. So it's not going to get you any more MONEY, but it WILL get you a job over just about anyone who doesn't have one - which is most people. Now. For some unsolicited advice - move from your Nationwide agency, to an independent agency. You'll do better there, too. Move to a LARGER agency. The thing is not to get in a rut. The smaller agencies can train you up, but the larger the agency, the more opportunities there are. You'll need to move to an independent agency so you can get the opportunity to work on medium and large size accounts - where the real money is. If you stay with an agency that thinks $50,000 in premium is a large account - there REALLY isn't any place to go.
2016-04-04 21:12:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Cpcu Designation
2016-10-04 00:10:52 · answer #3 · answered by glassburn 4 · 0⤊ 0⤋
This Site Might Help You.
RE:
What are the steps to earning a CPCU designation?
I'm looking into the CPCU program and I'm curious as to the steps involved. I recognize that I will have eight courses to complete, but I'm not sure about the test or tests. Will I have to take eight separate tests at $286 per test? Please provide any additional steps that you know...
2015-08-19 13:45:48 · answer #4 · answered by ? 1 · 0⤊ 0⤋
Yes, separate tests. Many employers pay tuition and or books.
The course guides are extremely well written and will guide you through the study process. Exams are then similar to the course guide problems. They want you to pass.
Visit www.aicpcu.org
Feel free to call the American Institute. They are some of the friendliest, most service-oriented people you will ever meet.
2007-09-25 12:16:53 · answer #5 · answered by fcas80 7 · 0⤊ 0⤋
Cpcu Certification
2016-12-16 08:17:58 · answer #6 · answered by ? 4 · 0⤊ 0⤋
Yes, you take eight seperate tests. They are HARD. Most people who start doing the designation never finish it. Most people do one or two courses a year. Once, though, I knew an underwriter straight out of college who did it in one year (single guy, no social life, LOL).
2007-09-25 14:14:43 · answer #7 · answered by Anonymous 7 · 0⤊ 0⤋