Professional Diploma in Insurance (PDI)

This programme is recognised under the Qualifications Framework.

QF Level: 4

QR Registration No.: 14/002698/L4

Validity Period: 01/04/2014 to 30/04/2027

 

Programme Aims:

The Professional Diploma in Insurance (PDI) is designed for learners who wish to excel in their career through education programmes in the field of life insurance, general insurance and financial planning. This Programme has been developed in conjunction with practicing industry specialists and provides specialist education and professional accreditation for the insurance industry.

 

Programme Objectives:

• Provide students with an understanding of specialist knowledge and skills in the insurance and financial services sector through reflective and innovative approaches;

• Develop students’ ability of performing various job duties in a professional manner at both the functional and cross-functional levels; and

• Prepare students for further education and professional development in the insurance and financial services sector.

 

Programme Intended Learning Outcomes

On completion of the programme, students will be able to:

• Apply a systematic body of knowledge appropriate to manage independent insurance work applications;

• Identify, gather and evaluate information as well as communicate effectively and appropriately in a broad range of professional work activities relating to insurance and financial services;

• Define, analyze and solve structured and unstructured problems in insurance and financial services sector by selecting and using relevant information; and 

• Perform duties in compliance with relevant requirements and professional codes of conduct in the insurance and financial services sector. 

 

Programme Features:

• Further Education for working adults in the field of life insurance, general insurance and financial planning

• Graduates are eligible to apply for Australian and New Zealand Institute of Insurance and Finance (ANZIIF) Senior Associate Membership and be awarded up to a maximum 120 Chartered Insurance Institute(CII) credits. 

• Students completing 4 PDI modules including one ANZIIF legal module are eligible for ANZIIF Associate Membership

• PDI “Insurance Principle and Practice” can obtain exemption of Society of Registered Financial Planners (HKRFP)  “Insurance Planning”; PDI “Financial Planning” can obtain exemption of HKRFP “Financial Planning”, “Tax Planning”; PDI “Personal Investment and Financial Services can obtain exemption of HKRFP “Investment Planning”

• PDI can be recognized as Type 3 or Type 5 Qualified CPD Activity with details as per Guideline on Continuing Professional Development for Licensed Insurance Intermediaries (“GL24”) issued by the Insurance Authority

• Flexible modular structure with choices to complete within 4 years

• 8 modules of 30 lecture hours each ($4,120 per module until further adjustment). There are normally 3 trimesters each year commencing in March, July and November

 

Learners must take 8 modules including 2 core modules.

Core Modules

Compulsory:

791I2 Insurance Principle and Practice

Plus at least one legal module from:

793I2 Legal Aspect of General Insurance#

798I2 Legal Aspect of Life Insurance#

799I2 Legal Framework for Insurance Contract#

 

Remaining 4-6 modules selected from any range of interdisciplinary specializations as listed below for reference:

Generic:

780I2 Insurance Organization Operations

792I2Insurance Underwriting and Claims

799I2 Legal Framework for Insurance Contract #

 

Life & Health insurance stream:

796I2 Life and Health Insurance

797I2 Life Insurance Underwriting and Claims # *

798I2 Legal Aspect of Life Insurance #

*Pre-requisite requirement for students taking the module of 797I2 Life Insurance Underwriting and Claims: at least a passing grade of module 796I2 Life and Health Insurance or equivalent; OR students can demonstrate sufficient knowledge and skills to complete the module successfully, say preferably possessing a minimum of 2 years’ relevant work experience in life and health Claims or Underwriting, etc., with approval of the Programmer Leader.

 

Financial planning stream:

783I2 Personal Investment and Financial Services

784I2 Financial Planning

785I2 Business Financial Planning

Students should have some basic related technical knowledge before studying the specialized modules, especially for those Financial Planning stream which would require some related mathematical concepts.

 

General insurance stream:

793I2 Legal Aspect of General Insurance #

794I2 Property Insurance

795I2 Motor Insurance

781I2 Liability Insurance

782I2 Marine and Aviation Insurance

 

Professional Recognition

• Students who complete 4 PDI modules including one ANZIIF legal module# are eligible to ANZIIF Associate Membership

• Students graduated in 2012 and thereafter are eligible to ANZIIF Senior Associate Membership

• Graduates is awarded maximum up to 120 Credits at CII Diploma Level  and Certificate Level in insurance qualifications of CII recognition of prior learning (by selecting the appropriate PDI modules awarded under different corresponding CII credits with details as per Student's notes)