Fellowship Regulations & Guidelines 08-09

8/4/2019 Fellowship Regulations & Guidelines 08-09

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Talk to Cass to nd out more. Call: +44 (0)20 7040 8611 or e-mail: [email protected]

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2 > Welcome to the FCII programme

3 > Introducing the Fellowship

4 > Steps to Fellowship

4>

Step 1 Complete the Advanced Diploma/Associateship

5 > Step 2 Enrolment and Fellowship plan

7 > Application form Enrolment for theFellowship programme

8 > Form Fellowship plan

9 > Step 3 Continuing Professional Development (CPD)

10 > Step 4 Business Ethics Programme (BEP)

11 > Step 5 Major achievement options

21 > Application form To use professional or managerialqualication as major achievement

23 > Step 6 Statement of Personal Achievement (SPA)

29 > Application form Statement of Personal Achievement

31 > Step 7 Election to Fellowship

Contents:

The Chartered Insurance Institute (CII)Professionalism in practice

The CII is the premier professional organisation for those working in theinsurance and nancial services industry. It is dedicated to promoting

higher standards of competence and integrity through the provision of

relevant qualications for employees at all levels and across all sectors of

the industry.

Success in CII qualications is universally recognised as a sign of

commitment and professionalism.

With over 90,000 members, the CII is the worlds largest professional body

dedicated to the insurance, savings and nancial services sector. Its broad

portfolio of education and qualication services is continually expanding

to meet the changing requirements of companies and individuals across

the nancial services community.

Further information on the CII and its wide range of products and services

can be found at www.cii.co.uk

The knowledge, and how

THE CHARTERED INSURANCE INSTITUTE

42 - 48 High Road, South Woodford, London E18 2JP

tel: +44 (0)20 8989 8464

fax: +44 (0)20 8530 3052

email: [email protected]

website: www.cii.co.uk


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Welcome to the FCII programmeFellowship of the CII is universally regarded as the premier qualication for those working in our industry. I am delighted

that you are considering acquiring the FCII accreditation, which will further demonstrate your knowledge, experience and

professionalism to the world.

The following pages set out the various routes that can be taken towards Fellowship.

In developing these access routes to the Fellowship, the aim has been to provide holders of the CIIs Advanced Diploma/

Associateship with every opportunity to advance to the higher qualication, regardless of how their career has developed in

the interim.

This document enables each individual to outline his or her career record in the way that best demonstrates their tness for

Fellowship. In so doing, it presents a full picture of the candidates technical knowledge before highlighting their business

skills and achievements. It thus allows individuals to present their own case, taking into account their career choices and the

subsequent requirements of their employment.

Achieving Fellowship of the CII gives nancial services practitioners genuine differentiation. It conrms their commitment and

ability and it adds real weight to their curriculum vitae. It is tangible, objective evidence of ambition and success.

We at the CII wish you every success with all your endeavoursand we look forward to welcoming you as a Fellow in the

near future.

Very best wishes

Dr. Alexander Scott

Chief Executive, CII

Customer ServiceCII, 42-48 High Road, South Woodford, London E18 2JP, tel: +44 (0)20 8989 8464, fax: +44 (0)20 8530 3052

e-mail: [email protected]

Fellowship Advisory Service

CII, 20 Aldermanbury, London EC2V 7HY, tel: +44 (0)20 7417 4412, fax: +44 (0)20 7726 0131

e-mail: [email protected]


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Introducing the FellowshipAs an Associate member of the CII, you have already demonstrated considerable commitment to your own professional

development, succeeding, as you have, in a wide range of subjects examined at the highest level. Fellowship of the CII shows

that you have taken this commitment one stage further, demonstrating Continuing Professional Development (CPD) through

a major achievement and planned acquisition of skills and knowledge. The Fellowship programme has been designed on the

basis that each individual is in the best position to evaluate what development needs they have and how best to address theseneeds.

The programme is designed to give you control of the way you progress your own career while also working towards

Fellowship. It gives you the ability to select a path to Fellowship which ts your own skills, interests and development needs.

Being a Fellow tells employers that you have a major professional qualication and that you are committed to Continuing

Professional Development.

Eligibility to become a Fellow

To become a Fellow you must meet all of the following requirements:

be a current Associate member of the CII (and remain a member throughout your progression to Fellowship);

have completed your Advanced Diploma/Associateship before enrolling on the Fellowship programme;

have held the Advanced Diploma/Associateship of the CII for at least three years before applying for election to Fellowship*;

have been employed (or self-employed) in insurance for at least ve years overall;

be wholly or mainly engaged or employed in work connected with insurance;

full the requirements of the Fellowship programme set out in these guidelines;

meet the requirements of the Fellowship Advisory Board.

If, after reading these guidelines, you are in any doubt about the requirements, please phone the Fellowship Advisory Service

(FAS) on +44 (0)20 7417 4412, e-mail: [email protected].

Fellowship Advisory Service

During your progression to Fellowship you may need help or advice. You may be fortunate in having the services of a mentor

from your employer to call on, or your local institute may offer help. Use these as your rst port of call. You should feel free to

approach others to get useful additional input. For instance, it can be helpful to discuss your plans with your employer or you

might wish to approach colleagues who have passed other qualications in which you are interested.

The FAS can give information about the Fellowship programme and can offer a wide range of help and advice. However, we

cannot provide technical information about a subject you may be studying.

As we have a small team of advisers, assistance is limited in terms of time available to any one member. We will, however, try

to help you in any way we can and, if there is anything you do not understand, please contact us at the earliest opportunity.

This may prevent you from running into problems later.

*Please note:You do not have to be an ACII for three years before enrolling on the Fellowship programme


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Steps to Fellowship

Step 1 Complete the Advanced Diploma/Associateship

If you have gained the Advanced Diploma or Associateship please move to step 2.

Step 2 Enrolment and Fellowship plan

Complete the enrolment form on page 7 and the Fellowship plan on the reverse.

Return both to the CII with the enrolment fee. Please see page 5 opposite for further details.

Step 3 Continuing Professional Development (CPD)

Plan and record three years CPD. Please see page 9 for further details.

Step 4 Business Ethics Programme (BEP)

The BEP, a distance learning based course, is compulsory and must be successfully completed before applying to become a

Fellow. Please see page 10 for further details.

Step 5 Major achievement

Your major achievement must be undertaken after you gained your Advanced Diploma/Associateship.

You should undertake one of the following options:

Option 1: attain another professional or managerial qualication. See page 11

Option 2: write a 3-5,000 word dissertation on an insurance-related subject. See page 13

Option 3: produce a 3-5,000 report on a major project you led or of which you were a leading member.See page 17

Option 4: submit a portfolio of your published work. See page 20

Step 6 Write a Statement of Personal Achievement (SPA)

The SPA represents your justication for being awarded the Fellowship. Please see page 23 for further details.

Step 7 Application for election to Fellowship

You can apply to become a Fellow no earlier than three years after passing your Advanced Diploma/Associateship.

You must have completed steps 1 to 6 before submitting your application and election fee of 200.00. For details on

application, assessment and results please see page 31.


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Step 2 Enrolment on the Fellowship programmeIf you are intending to apply for Fellowship you must complete the Fellowship enrolment form (see page 7) and send it to us,

with the appropriate fee. You must also complete the major achievement application form on page 21 if you are putting forward

a professional or managerial qualication as part of your Fellowship plan.

If you have pre-1992/9 subject Associateship it will be necessary for you to submit a summary of ten years relevant workexperience since qualifying as an Associate (a Curriculum Vitae will sufce), along with your enrolment application form and

Fellowship plan.

Please note that enrolment is valid for ve years from the date of its acceptance by the CII. You must remain a member of the

CII while on the Fellowship programme. If you do not successfully complete the Fellowship programme within ve years, you

will have to re-enrol and pay a further enrolment fee unless the FAS grants an extension due to special circumstances.

Fellowship plan

The Fellowship plan should be completed in full and can be found on the back of the enrolment form (see page 8).

The plan should cover the period up to application for election to Fellowship and it enables you to set an agenda for how youplan to become a Fellow. To obtain the maximum benet from planning the next stage of your career, it is important to identify

your major overall objectives and to combine these with practical, tangible and achievable interim goals.

If you require assistance with any aspect of the plan the Fellowship Advisory Service can offer guidance. Your plan should be

realistic and include goals that will stretch you and help you to develop as a professional.

Current position

To be most effective, the plan should be based on an analysis of your current position. Familiarise yourself with the following

sections and decide on your major achievement.

Objectives set to reach Fellowship

This section prompts you to set a timetable for the completion of each step of the Fellowship programme. Please note that

the minimum time that must elapse between completing the Advanced Diploma/Associateship examinations and applying

for election to Fellowship is three years. If you are unsure of the date you completed the Advanced Diploma/Associateship

examinations please contact the Fellowship Advisory Service.

You are also asked to state how you have ensured that the personal objectives you have set to reach Fellowship meet with

those of your employer. The needs of your employers business should be central to your considerations when planning your

route to Fellowship. If your plan ts corporate objectives, you are more likely to receive support from your employer and so

obtain the greatest career benet from your chosen route.


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Major achievement chosen to support election to Fellowship

The plan must include details of your proposals by way of a major achievement.

If you are intending to undertake another professional or managerial qualication as your major achievement you should read

the guidelines on page 11 and then complete the application form on page 21 and send it in with your Fellowship plan. If you

have already completed a professional or managerial qualication which you would like to use as your major achievement,

please also enclose a copy of your certicate and results notication (these must be attested to be a true copy of the originalby a person other than yourself who is a current member of the CII and is an ACII, FCII, APFS or FPFS) with the application

form and documentary evidence.

If you propose to submit a dissertation, project report or portfolio of published work as your major achievement you should

read the relevant guidelines on pages 13 20. Once you are condent that your major achievement will meet the guidelines,

complete the relevant section on your plan with details of your chosen major achievement. Employer agreement is essential

if you are intending to use a work-based dissertation or project report as your major achievement. If this is the case please

ensure that you obtain your employers endorsement of your intended major achievement.

Other considerations

When completing your plan you should also consider the requirements of the CIIs CPD scheme (see page 9).

You need to maintain your CPD records, as these will need to be submitted to the Institute when you submit your nalapplication for election to Fellowship.

The plan can be used as a basis for further analysis of your current position and identication of areas where you can see

opportunities for acquiring or improving skills or knowledge, which will be important for your future.

When completing your plan you are also encouraged to consider:

what current skills/technical knowledge you need to maintain;

what new skills/technical knowledge you need to learn;

what constraints there are on your learning (eg, time, geographic or physical constraints);

what resources are available to you.

We recommend that you identify those areas you feel would enhance your personal development and career. The emphasisshould be on acquisition of experience, skills and knowledge which will extend your interests and will help you realise your

career aspirations and potential.

What if my circumstances change?

During your progression to Fellowship your professional or career situation may change. If so, you may need to review your

plan to reect your new circumstances and goals. If you decide to change your choice of major achievement we recommend

that you notify the Fellowship Advisory Service so that we can advise you, and update your Fellowship records.


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Enrolment for theFellowship Programme

Application Form

Once you have completed the Fellowship progression plan overleaf please either

fax through the forms if paying by credit/debit card on +44 (0)20 7726 0131

send with cheque to the Fellowship Advisory Service,

The Chartered Insurance Institute, 20 Aldermanbury, London EC2V 7HY.

This form is valid until August 2009 only.

Section C Declarations

Please turn over

Section B Fees and Method of Payment

Tick method of payment and, if applicable, complete the card details.

Cash/cheque payable to The Chartered Insurance Institute (please write CII Pin number if known on the back of the cheque).

Credit/debit card: Please debit my/our account with the total cost of the goods and services ordered on this form.

Type of card (please tick) VISA MASTERCARD DELTA SWITCH/MAESTRO SOLO

Valid from* Expiry date* Issue number*

Card number*

*Please complete according to the information on your credit/debit card.

Cardholders name and address if different from above

Signed Date

*The BEP is a compulsory element of the Fellowshipprogramme. Tick here if you have alr eady purchasedBEP and only pay the enrolment fee.

Enrolment fee and BEP 290.00

Enrolment fee only* 200.00

Postage UK only 4.00

Postage if outside the UK 8.00

Section A Personal Details (please complete all elds)Please give your CII/PFS permanent identity number (PIN) if known PIN

Mr/Mrs/Miss/Ms Surname

Forenames Date of Birth

Daytime tel Mobile

e-mail

Home address

Postcode Country

Employers name

Job title

Is this your home or work address Home Work

Application for study materialsI undertake to use them for my own purposes and not to sell, copy, lend or give them to anyone else.

Membership status I do not wish details of my membership status to be passed to my employer (tick if applicable)

I conrm that I am a post 1992 ACII or a pre-1992 ACII and have enclosed a summary of 10 years relevant work experience.

I understand that this enrolment will be valid from the date of its acceptance by the CII. If I do not successfully complete the Fellowship programme within ve years, I will have to complete a new enrolment form and pay afurther enrolment fee.

Data Protection and Privacy The CII is registered under the Data Protection Act 1998 and will ensure that in providing products and services to you, it (and its business associates) will process your personal data fairly. Whereyour employer pays for any of your tuition, the CII will upon the employers request provide your employer with details of your membership status and/or examination record including any attempts unless you tick this box.

We may from time to time wish to draw your attention to other CII products and services which are likely to be of interest to you. We may also share your data with third parties who will use this for similar purposes, but willnever sell your data to third parties. The CII will assume that you consent to us using your data in this way, unless you tick the following box.

Have you ever been made bankrupt or been the subject of an individual voluntary arrangement (or any such analogous procedure) or been convicted of, or charged with (but not yet tried with), any offence other than amonetary xed penalty for a motoring offence? Yes No If yes please give details on a separate sheet of paper.

You are required to let the CII know if you are made bankrupt, become the subject of an individual voluntary arrangement (or any such analogous procedure) or are convicted of any offence (other than a motoring offence witha monetary xed penalty) in the future.

Your right to cancel I recognise that in accordance with The Consumer Protection (Distance Selling) Regulations 2000 I have a right of cancellation in respect of services, listed on this form, which right shall (subject to theRegulations) expire seven working days from the day after the date on which my order for services is accepted by the CII. In the event I wish to cancel I will send notice to Customer Service. I accept that reimbursement for anymonies paid by me which relate to the cancellation will be sent to me within 30 days of the CII receiving the notice of cancellation.

Signed Date


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Section D Fellowship PlanPlease refer to the Fellowship regulations and guidelines when completing your plan.

Please complete this form and keep a copy for your reference.

Current position

Employer

Job title

Main duties

e-mail

Address

Postcode

Objectives set to reach Fellowship:

Date enrolled on Fellowship scheme

Intended date of submission of BEP for assessment

Intended date of completion of major achievement

Intended date of completion of Statement of Personal Achievement

Intended date of application for election to Fellowship*

*This date must be at least three years since the date of completion of the Advanced Diploma/Associateship examinations of the CII.

State how you have tried to ensure that your personal objectives in reaching Fellowship also meet with those of your employer:

Target Actual

Section E Major achievement chosen to support election to FellowshipCredit/debit card: Please debit my/our account with the total cost of the goods and services ordered on this form.

Please indicate which of the following options you intend to put forward as your major achievement.

Dissertation* Project* Published work* Qualication

If you intend to submit an alternative qualication as your major achievement, please attach a completed copy of the form on page 21 of the

Fellowship regulations and guidelines and supporting documentation with this plan.

* If you intend to submit a dissertation, project or portfolio of published workas your major achievement, please complete the following:

Title

Brief descriptionof content

Please note that if your submission contains any company-specic information you should obtain an endorsement of your intended major achievementfrom your employer.

I am submitting this Fellowship plan as part of the CII Fellowship scheme

Signed Date


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Step 3 Continuing Professional Development (CPD)One of the requirements for election to Fellowship is the completion of three years Continuing Professional Development

(CPD). You will be sent CPD guidance notes which contain further information on CPD and details of the CPD online recording

tool www.cpd.cii.co.uk. Regardless of the date you enrol onto the Fellowship programme, you will be able to backdate your

CPD records.

If you are recording CPD under the CII CPD scheme, this will be accepted towards your Fellowship commitment.

If you have recorded CPD activities under another CPD scheme, it is possible that you may be able to use these records towards

your Fellowship commitment. For further advice please contact Customer Service on +44 (0)20 8989 8464.

Your CPD records should be submitted to the Fellowship Advisory Service one month before you are ready to submit your

application for election to Fellowship, or alternatively you can submit them for assessment with your election application.

The CII will conrm in writing if your CPD record meets the requirements of the CII scheme.

Further information on the CPD scheme and the on-line CPD tool can be found at www.cpd.cii.co.uk.


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Step 4 Business Ethics Programme (BEP)The Business Ethics Programme (BEP) recognises that insurance professionals will frequently be called on to make decisions

that involve complex ethical issues. This programme is not designed to tell you what is right or wrong this would be

impossible with such a complex area but to give you a framework to help you decide how best to make the right decision.

Businesses, and the people working within them, have a growing awareness of the possible impact their decisions may haveon others. In this climate of awareness, businesses need to be ready to respond to scrutiny by ensuring that their actions are

ethically acceptable. The BEP provides you with the means to approach this crucial aspect of business life with condence,

enabling you to make a valuable contribution to the industry in which you work.

The BEP is a compulsory element of the Fellowship election process. If you are enrolled onto the Fellowship, but have not

ordered the BEP, please call +44 (0)20 7417 4412 to obtain a BEP order form.

The BEP is built around a framework for evaluating business ethics, contained in a book, Just Business by Dr Elaine Sternberg,

one of the leading authorities in this eld. As well as this core text, the BEP consists of a guide to the business ethics model

and a sample worked case study to give you an insight into the level of response, which will be expected of you. You will also

receive two case studies for you to consider and return to the Fellowship Advisory Service for assessment.

As it is based on distance learning, you can undertake the BEP at any time after enrolment. We recommend that you undertakethe BEP in either the rst or second year of your Fellowship programme. This will help you to avoid any last minute rush and

also, because the BEP is designed to have a practical value to you throughout your professional life, the earlier you do it, the

more value you are likely to gain from it.

When undertaking the BEP, you should read the core text, making use of the model guide to help you focus on the way in which

the issues are considered. You should then attempt to evaluate the two case studies, presenting your answers following the

format identied in the model guide. Once submitted, your analysis of the case studies will be passed to a CII assessor for

evaluation. The case studies will not be returned to you, therefore we advise that you retain a copy. Applicants will be advised

of their results approximately 2-3 weeks later.

You will be advised, in writing, if you have satisfactorily completed the BEP and an application for election to Fellowship will

be sent to you at this time. If you have not completed the BEP to the satisfaction of the CII assessor, you will be given written

feedback outlining the areas that you need to reconsider.*

* Please note:You must successfully complete the BEP before you make your application for election to Fellowship.


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Step 5 Major achievementThere are four types of major achievement. You need only choose one which must be attained after you have passed the

Advanced Diploma/Associateship. If you change your mind about the major achievement that you wish to submit for

Fellowship, please advise the FAS. This is particularly important if you want to study for another professional or managerial

qualication: you must check that it is appropriate.

Condentiality

Many work-related projects and dissertations include information of a sensitive commercial nature. Where this is the case,

you may change names and references (eg, to company x or product y) provided that the actual names and references are

disclosed on a separate sheet of paper which will be made available to the FAS only, not to assessors. We may undertake

investigations, as considered appropriate, to ensure the validity of the information.

Publication

Please bear in mind the fact that, if you are successful, the CII has the right to publish your major achievement, put it in the

CII Knowledge Services for public view or place on its website.

Categories for assessment

The categories for assessment used by the Fellowship Assessment Board to judge each major achievement are set out

below. Please read these very carefully many people fail to be elected to Fellowship because they do not observe the rules.

Remember, you only need one from the four major achievement options listed below.

Option 1 Additional professional or management qualication

The Fellowship programme recognises that, for many people, an additional professional or management qualication may be

the most valuable form of personal development. As long as these qualications are relevant to the work done in the context of

insurance operations, credit can be given.

All professional and managerial qualications will be judged against the following criteria:

it must be gained post Advanced Diploma/Associateship;

it must be obtained by independant/external assessment by the awarding body with a minimum of four assessments or

their equivalent at Advanced Diploma subject level;

it must usually have been awarded after

i) a minimum of two years part-time study or

ii) one years full-time study;

where achievement of the additional qualication is partially dependent on credits awarded for prior learning, additional

assessments equivalent to at least 120 Advanced Diploma credits must be undertaken;

the subject matter of the qualication must be relevant to your occupation in the insurance sector;

it must be a complete qualication, which meets the criteria in its own right.

A qualication which has been used to gain credits for the Advanced Diploma/ACII/APFS cannot be used as amajor achievement. It is advisable to have a qualication assessed by the FAS before you start studying towardsit, please refer to page 21.


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Examples of qualications used as major achievements

The following qualications are just a few which have been used as major achievements:

ACIB Associate of The Chartered Institute of Bankers

ACILA/FCILA Associate/Fellow of The Chartered Institute of Loss Adjusters

AIRM Associate of the Institute of Risk Management

APMI Associate of the Pensions Management Institute

APFS/FPFS Associate/Fellow of the Personal Finance Society

BA(Hons) Financial Services, Insurance Management or Insurance Studies

ACCA Certied Diploma in Accounting and Finance

CIMA Chartered Institute of Management Accountants

CPCU Insurance Institute of America

Diploma in Management

ANZIIF Fellowship of the Australian & New Zealand Institute of Insurance & Finance

FIISA Fellow of the Insurance Institute of South Africa

GradICSA Institute of Chartered Secretaries and Administrators

GradIPD Chartered Institute of Personnel and Development

Graduate Diploma in Law, The Law Society

LLB (Hons)

MBA Master of Business Administration

MSc in Insurance and Risk Management CII/Cass Business School

Post-graduate Certicate in Law

Post-graduate Diploma in Marketing, Chartered Institute of Marketing

Solicitor or Barrister.

The application form for a major achievement is on page 21. When making your application,you must enclose documentaryevidence of non-CII qualications demonstrating that the qualication meets the relevant criteria. Such evidence can be:

details of the method of assessment;

course outline;

syllabus summary of the topics covered;

examination papers undertaken as part of the qualication.

Please note that the Institute is not able to obtain this information on your behalf and failing to supply all the relevant

information may delay your application. All information submitted must be in English.

If at the date of application you have already completed the qualication, you should additionally submit either the original

results notication and certicate or a photocopy (a person other than yourself who is a current member of the CII and is anACII, FCII, APFS or FPFS must attest the copy to conrm that it is a true copy of the original and sign it to that effect).

If your qualication is unacceptable for the CII Fellowship scheme, you will need to choose a different major achievement.

Examples of acceptable qualications are shown above.


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Option 2 Dissertation

A dissertation, for CII purposes, is a discussion paper covering an insurance-related subject. If your dissertation is employer

based, you must seek their written approval before submitting it. If you choose this route, your dissertation should:

be typewritten in English;

be 3-5,000 words long; be on an insurance-related subject;

have been researched and written by you. You may get someone to type it from your own instructions but it is a

disciplinary offence to submit someone elses work as your own.

Examples of acceptable practices

Quoting small sections from the works of others, typically a sentence or paragraph, provided that the authors work is

fully acknowledged.

Writing a dissertation based on previous work which you have written. The dissertation must not be identical to

the previous work and must be updated where appropriate. The nature and existence of the previous work must be

acknowledged, eg, based on my MBA dissertation completed in May 2003.

Information quoted should be the most up-to-date available.

Your work may be typed, proof-read and critiqued by another. Their input and the extent of it must be acknowledged in

the dissertation, eg, typewritten by my secretary James Jones and proof-read by Felicity Brown. You may ask someone

else to comment on any shortcomings in your draft dissertation but any changes must be your own work.

Examples of unacceptable practices

Plagiarism that is, using the words of another author as your own.

Submitting a previous work without authorisation or acknowledgement. For example, a dissertation you used as part of

another qualication.

Using information and data knowing them to be out of date.

Getting a researcher to write any part of your dissertation.

Getting a secretary, adviser, consultant, lecturer, writer or any other person to write any part of your dissertation.

Choosing the right subject

Keep to subjects you know well and are condent about. The Fellowship assessors look for an in-depth understanding and

developed argument. This is more difcult to do if you decide to investigate a completely new eld. If you decide to write a

dissertation on an area new to you, please ensure you explain in the introduction your reason for the choice of subject. As you

would be learning about the subject during the time you are writing, the requirements to review the whole dissertation once

completed is even more important to ensure consistency.

Keep the subject focused. The assessors like to see a detailed discussion on a specic topic, rather than a shallow treatment of

a broad subject.

Put a question in the title. This strategy can help to keep both author and reader focussed. If you are considering a number

of alternative subjects, discuss your ideas with colleagues. Bear in mind that it can be difcult to write something new and

interesting on some of the most popular topics.

You must state in the introduction to your dissertation why you have chosen this particular subject to research. The subject

should generally be linked either to your current or future work, or to an area of special interest to you or to your employer, or to

a subject of signicance to the insurance industry as a whole. CII Knowledge Services holds copies of successful dissertations

and on the CII website www.cii.co.uk/generalinsurance/qualications/fellowship.aspx. Applicants can review these for suitable

ideas for research.


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Unsuitable topics

Purely historical, non-analytical narratives, ie, The history of motor insurance.

How to. or textbook guides, ie, How to obtain new business.

Lecture notes.

Extended job descriptions.

Getting the structure right

Compile a contents page. This will help you to see at a glance how your paper will develop. If you struggle to identify the main

themes at this stage, now is the time to choose a different subject.

Get the balance right. Remember that the assessors will want to see a balanced consideration of the topic. Be clear on not only

how you will incorporate supporting material, but also how you will explain any contradictory evidence.

Keep to the word limit. 3-5,000 words may sound like a lot but it is all too easy to overrun. Check your paper for padding.

Make every word count. Your dissertation must include all of the following:

a title;

a contents list; an introduction of no less than 200 words;

a conclusion of no less than 300 words;

a cross-referenced bibliography. This must set out the publications you have used for authoritative input to your work.

Using text verbatim from other sources (except where clearly shown as such) is not acceptable the dissertation must be

your original work only;

appendices where these add to the text these are not counted in the word count;

a word count.

Your dissertation should set out what the subject matter is or what the key ndings are. It should then develop this theme,

taking account of others views on the subject as well as your own, supported by the evidence given in the paper.

Presentation

Subdivide the text. It is far easier to read text when it is labelled with sub-headings.

Make sure that there are no mistakes in the text or in any gures. Spend time proof reading spelling, grammatical errors and

use of language.

Ask a friend or colleague to check it over. If English is not your rst language, invite a native English speaker to proof read the

nal draft.

Create a contents page and use page numbers this will help the reader navigate the paper.


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Research

Read widely on the subject before starting. CII Knowledge Services can help access materials (visit it online at

www.cii.co.uk/knowledge). The internet provides access to information. Use the most up-to-date information available, but an

allowance will be made, if your location makes that difcult. Consider how much research material is available. If there isnt

much material for you to base your paper on, you will need to be prepared to carry out the initial research yourself. Keep good

records on the information you may use later; this will help you with your cross-referenced bibliography. You must

include citations.

Do not plagiarise. Fellowship assessors are widely read and have access to subject experts if they suspect plagiarism.

Someone else can type the paper for you so long as they do not otherwise contribute and their role is acknowledged. On the

other hand, you can include short sections of others work provided that the author is fully identied.

We strongly recommend that you read other successful dissertations, which are available on the CII website www.cii.co.uk/

generalinsurance/qualications/fellowship.aspx and through CII Knowledge Services website www.cii.co.uk/knowledge.

You should also ask a colleague or academic contact to give you an unbiased critique of your paper before submitting it.

Suggestions for reading material which may help with the preparation of your dissertation are given on page 16.

Appendices should be included where you feel that these would be helpful to the reader but they are not a requirement.

Those who assess your dissertation wish to see evidence of your own views being expressed, it is not sufcient just to repeatwhat others may have already said or written.

The categories for assessment

Introduction and rationale for choice of subject

This section should be at least 200 words long; it should introduce the subject and set out how the paper will develop its

theme. It should also explain why you have chosen that subject it may be a major industry issue on which you hold strong

views, a subject about which you or your employer want to know more or a subject that will benet your career development.

Main text

Over a third of the marks go to this section. Consideration is given as to how you have developed the theme: how you haveintroduced, analysed and incorporated contradictory and supporting evidence into your case and how the paper has been

broken up into clearly developed sections. You should include your interpretation and explained argument prior to reaching a

conclusion or making recommendations. Information in the dissertation should be up-to-date and relevant.

Quality of research

The assessors look to see that you have taken appropriate steps to ascertain what information is available on the subject and

its relevance. You should make clear within the text the relevance of research included and use such research to demonstrate

specic points. Quality of research is more important than the length of the bibliography and allowance is made if you have

only very limited access to research material. You should mention in the introduction to your major achievement if there have

been any difculties or restrictions on your research. The CII, however, expects you to make every effort to research your subject

adequately. The bibliography must be fully cross referenced to the text.


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Clarity of argument

The basic premise of your dissertation and your overall objective must be clear and well developed throughout the paper.

Arguments should be logical and based on hard evidence where this is available. The arguments contained within the

dissertation should be fully developed and then further strengthened by your personal interpretation.

Presentation

Remember the importance of accurate spelling and grammar. You should take care to ensure that your paper is well presented,

and free of spelling mistakes, poor grammatical construction and poor syntax. Pages should be numbered and simply stapled

together papers will have to be photocopied so do not use professional bindings or colour (especially if using graphs). A

contents page and clearly dened sections within the dissertation are worthy inclusions.

Conclusion

A fth of the marks go to this section. The conclusion should be no less than 300 words and must draw together the main

themes of the paper and put forward rm recommendations or solutions. However, it should not include fresh research or views

which have not been included and discussed within the text. The paper must relate back to its title and resolve any issues

identied in its introduction. If it is not possible to resolve an issue, then a possible solution or route around an issue should be

proposed. Your paper must contain your own thoughts and show where you stand in the debate. Your recommendations need

not necessarily be ones that your employer would suggest. You can hold whatever views you like. All you need to do is backthem up with evidence. A good conclusion should almost stand alone as a summary of the paper.

Each section of your dissertation will be assessed separately.

You must supply four copies of your dissertation, which will be sent to assessors, so make sure each copy contains all the pages.

Further reading

Below is a list of some books that provide advice to dissertation and project writers. These books are for information only and

all submissions must follow the guidance given in this booklet. Prices are correct at the time of publication.

How to write essays, dissertations and theses in literary studies

N. Fabb and A. Durant, Longmans.ISBN 0 582 08977 8. November 1993. 15.99

The students guide to preparing dissertations

and theses - 2nd edition

B. Allison. P. Race.

ISBN 0 7494 2193 2. January 1997. 12.00

How to write essays (Learning Skills)

R. Lewis. National Extension College.

ISBN 1853 568155. August 1999. 12.99

Writing an assignment, Proven Techniques from a Chief Examiner that really gets results.

P. Smith. How to Books.ISBN 18570 38304. July 2002. 7.99


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Option 3 Projects

These entail a report in English on a major insurance-related project which you have either led or in which you have been a key

member of the project team. If your project is employer-based, you must seek their written approval before submitting your

project report.

Choice of project

Make sure that you choose a project which will enable you to answer the questions required. However important a project

may have been to you or your employer, you are being assessed on your evaluation of the project, rather than the success (or

otherwise) of the project itself. It is the conduct of the project that will be of particular interest to the assessors. Ideally, pick

a project from which you learnt a lot about the way in which you work and from which your skills have developed. These are

important issues in the marking scheme.

The project must be led by you or you must play a signicant role in it. Signicant means that you must represent your

company, or a large group, on the project team, must contribute or be responsible for a signicant proportion (generally at

least 20% of the key inputs to or outcomes from the project group) and be seen by others on the project team as being a

signicant player in the project.

A project may be your own idea, or an existing one. Although projects must be insurance related, they need not necessarilyinvolve a work-related project for your employer. In keeping with the status of being a major achievement, projects should be

signicant for your employer and in the context of your own professional development. As a guide, it is likely to involve at least

60 working days input from you.

If the project does not meet all of these criteria, you may submit a further project. Up to three projects in total may make up a

Fellowship major achievement. NB: It its perfectly acceptable to submit a one-person project, but the particular circumstances

leading to the absence of a project team must be fully explained.

Examples of acceptable projects

Development of a new product or service.

Acquisition of, or merger with, another insurance-related organisation.

Business development idea with a core insurance-related organisation.

Research project.

Examples of unacceptable projects

Non-strategic, routine issues.

Acquisition of, or merger with, a non-insurance-related business.

Development of a non-related product, service or business.

If you choose this route, your project report(s) should:


be 3-5,000 words long each, regardless of how many projects are covered;

take the form of a written report;

be clearly set outusing the categories for assessment headings on page 18;

not contain any spelling mistakes or grammatical errors;

include a word count.


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The project report(s) should include the following sections:

denition of the project: what the project was;

rationale: reason for the project;

background to the project;

methodology: how the project was run, including budgets;

project team members: names and/or responsibilities;

project timescales;

measured outcomes and an overview of the projects successes and failures;

your personal inputs and outputs and your project responsibilities;

key learning points from the project for you personally;

any skills and knowledge gained or enhanced as a result of the project.

Please include a statement of how much time you spent on the project, counter-signed by the project manager or, if you are the

project manager, by an authorised signatory of your employer.

StructureMake sure that the categories for assessment are clearly covered in your submission. To gain maximum points establish a

structure, using a contents page and suitable headings and sections (such as those mentioned above), which make it clear

where points are being addressed. It is easy to become so close to your project report(s) that an assessor may not identify what

you perceive to be obvious.


Introduction and rationale of the project

This includes assessment of the clarity of the objectives, parameters set by, or for, the project group and the methodology used

to achieve the desired outcomes.

Your input to the project

Over a third of the marks go to this section. It includes how decisions are arrived at by the project team and evidence of the use

of innovation to achieve desired outcomes. There should be evidence to demonstrate the quality of your input to the project,

and a detailed post-project analysis of your input to the project.

Methodology

The assessors look to see how you have gone about your tasks, how you have conducted or commissioned research, how you

have used available resources (within your organisation and outside) and how you have organised your workload, making

allowance for any other responsibilities you and the rest of the project team had outside the project group. An explanation of

how the project has affected your other work areas should be included.

Your input into team objectives

This rewards candidates who think and contribute outside of their own areas of responsibility. Effective teamwork is a

prerequisite of a good project and these factors are evidence that you played your part in developing the team ethos of the

project group and explain how decisions were reached.


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Presentation

Remember the importance of accurate spelling and grammar. You should proof read your report to ensure it is well presented

and free of spelling mistakes, poor grammatical construction and poor syntax. Pages should be numbered and simply stapled

together papers will have to be photocopied so do not use professional bindings or colour (especially if using graphs). A

contents page and clearly dened sections within the report are worthy inclusions.

Outcomes of the project

About a fth of the marks go to this section. You should draw together the measured outcomes, budgetary and time compliance

of the project. The information should be presented in a balanced and logical order. The solutions should be appropriate to the

needs and requirements of the project sponsor. The project outcome should be related back to the original objective and you

should demonstrate that efforts have been made to resolve all issues.

Each section of the project will be assessed separately.

Assessors look at your input rather than that of any others involved in the project. You are not marked down if other members

of the project group performed poorly unless you were responsible for their input. Assessors do not expect every project to be

exceptionally successful not every project can succeed in meeting its objectives but they do look to see that the projects

outcomes were in line with what could reasonably have been expected and that lessons have been learnt.

Evidence

Although the project analysis is restricted to a maximum of 5,000 words, you can include documents in an appendix which clarify

or prove points that you make in the main text. Appendices are not included in the word count. However, you should not include

excessive information within an appendix unless it is directly relevant to the project report.

Revise, revisit, refer

Compiling your project report will take some time. It is important that you keep referring back to these guidelines and checking

that you are still making the points you initially intended to. Some applications include references to sections which have been

deleted, or the introduction identies different points to those which are eventually found in the conclusion. This happens

because a candidate has become so immersed in their paper that their view of the issues changes over time. Try to pass a

nal draft to someone who has the time to read it carefully. Ask them to consider it against these guidelines and listen to theirfeedback carefully, the assessors will not have the luxury of asking you what you meant to say. But remember, this is your

application, so if a colleague asks you to make changes, you must be happy with them. More than one candidate has failed

because they were advised by a friend to remove signicant detail which the assessors felt should have been included.


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Option 4 Portfolio of published works

This option is likely to be of interest only if you have already made your mark on the industry or profession through your

published works. Normally these works will take the form of books, although in certain cases an article or series of articles in an

approved journal will be accepted as long as the criteria set out below are observed:

Examples would include approved textbooks and articles in publications such as Post Magazine, CII Journal,Insurance Professional, subject to the minimum word count.

If you choose this route, your published work(s) should:

be printed in English (or with an English translation provided by you at your expense);

have direct relevance to insurance or to an aspect of insurance or a related market;

take the form of a critical analysis or be used for reference;

be put in circulation to experts in that eld;

be regarded as of value to specialists in the eld covered.

Fourcopies of each published work (including where appropriate English translation copies) to be assessed must be submitted

and will be retained by the CII.

Each published work must be accompanied by a written summary of around 100 words setting out:

the purpose of publication;

where and when the work was published, including ISBN number and name of publisher;

the intended audience with an indication of the number of copies sold or the estimated readership;

any follow-up that resulted from publishing the work.

Your portfolio of published work must include at least one, but no more than three (exceptions may be made if the portfolio

takes the form of a series of articles) separate works, usually a minimum of 10,000 words in total. Books will certainly not be

disqualied if they are substantially in excess of 10,000 words but there is no advantage to greater length the assessors look

to quality not quantity.

You must conrm how much of each published work submitted is entirely your own and what external help and advice you had(if any) in producing it. A degree of editing, external research and guidance is acceptable. We reserve the right to make enquires

as to the accuracy of all statements.


Adequate research

Clear evidence of research must be available, either from the text or supplementary information provided by you.

Where information is derived from other sources, these must be clearly identied and acknowledged. Plagiarism that is using

the words of another author as your own is an unacceptable practice.

Clarity of thought and expression

The works must show evidence of logical thought processes and be well structured. Views should be clearly expressed and

consistent with the needs of the audience.

Value to the industry and profession

It should be clear how the works add value to some aspect of the industry and/or your employer or sponsor of the work.

Overall quality of the work

Assessors look for evidence that you have taken an effective approach and that the end results come up to a standard to be

expected for the work and identies, addresses and satises the needs of its audience.

It is permissible to provide supplementary evidence to demonstrate how your work meets with these categories for assessment.

Each category will be assessed separately and marks available will be divided equally between the four categories.


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To use professionalor managerial qualicationas major achievement

Application form

Please send this form, together with documentary evidence to:

The Fellowship Advisory Service at The Chartered Insurance Institute

20 Aldermanbury, London EC2V 7HY

Please continue on a separate sheet if necessary

Section B Qualication RegistrationFor a qualication to be acceptable, it must meet the criteria detailed on page 11.

Qualication title

Awarding body

How long did it/will it take you to complete? years Full-time or part-time

Date of completion/intended date of completion

How many subjects did you/will you pass by formal assessment to gain this qualication?

Please indicate the method(s) of assessment by ticking the appropriate box(es)

Written exam(s) (3 hours or longer) Written exam(s) (less than 3 hours) Multiple-choice exam(s)

Work-based assessment(s) Project(s) Dissertation(s)

Documentary evidence must be provided for all qualications, other than those examined by the CII. See page 12.

Subjects passed/to be passed

Title Method of assessment Grade Date




Daytime tel Mobile

e-mail

Home address

Postcode Country

Employers name

Job title


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Step 6 Statement of Personal Achievement (SPA)

Drafting your Statement of Personal Achievement (SPA)

The Fellowship assessors will consider your SPA in detail and you should not underestimate the time that it will take to complete.

Your Statement of Personal Achievement should:


be clearly set out using the categories for assessment headings below;

not contain any spelling mistakes or grammatical errors (it helps to have someone else proof read your SPA);

comprise approximately 1000 words;

include a word count;

represent you in a professional, formal manner;

review what you have achieved by effectively providing an executive summary of your achievements;

be submitted with your application for election to Fellowship.

Listed below are six categories the assessors will be looking at when they consider your SPA. Please use these headings in

your SPA to ensure that you demonstrate coverage ofall six areas. Under each heading ensure you give enough detail to

demonstrate your personal achievements.

Candidates can be, and are, rejected on their SPA. Usually the Assessors feel that unsuccessful candidates do not address

adequately each of the sections below especially the last three. By using the headings and following the guidance carefully

you will greatly enhance your chances of success. It is recommended that you read the examples on pages 25-28 and on the CII

website www.cii.co.uk/generalinsurance/qualications/fellowship/spa/aspx before composing your SPA.


Overview

This sets out, in two or three paragraphs, how you have set about your programme and any key changes during it.

Plan

You should restate the key points of the plan you drafted on enrolment onto the Fellowship programme and also show how

you achieved the objectives set. You should also indicate how you acquired or sought out new knowledge and what skills you

employed in doing so. You should be able to see some of the effects of this process on your career.

Changes to plan

If your Fellowship plan changed, you should set out what you changed and why you changed it. It may have been for external

reasons (eg, a change of job or other circumstance) or for internal reasons (eg, you were unhappy with your progress on

your major achievement or identied a new opportunity which you wanted to exploit). The effect of circumstances beyondyour control should not be ignored and events, which have caused delay, should be identied. You should also highlight

how you were affected by, or made use of, unplanned opportunities that arose. It would be particularly helpful to indicate

whether these opportunities were based on situations which you initiated, or unexpected ones which you were able to exploit.

Remember, some situations that involve a great deal of pressure and require innovative approaches often provide insights and

development benets not readily apparent at the time. If you have been involved in any activity which did not feature in your

plan but from which you have learned something, describe how it arose, what it involved, how it contributed to achievement of

the objectives you originally identied and how it might have contributed to a new aspect of your development. When reecting

on your activities you should consider to what extent you have experienced personal or business benets through the practical

application of what you have learned and exactly how these benets arose.


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Key learning points

What were the key things you learned during your progression to Fellowship? How did you learn them? These should

include soft facts (eg, things you learned about yourself or how your views have changed) as well as hard facts (eg, major

achievements). This should include the negative experiences as well as the positive ones.

Key skills and knowledge acquired

During your time on the Fellowship programme you will have learned a number of new skills and increased your knowledge

base. List the main items. This evaluation stage deserves special attention as it produces a summary of achievements, which

demonstrates how you met your original objectives. For any area where you achieved less than you originally planned,

reconsider whether the target originally set remains valid or whether you simply require more time to achieve it.

Intentions for the future

What will you do differently in the future? Fellowship is about making a commitment to professionalism as well as achieving a

qualication. In this section, set out how you plan to put the lessons of your Fellowship programme to practical use in the future.

Before writing your SPA you may nd it helpful to ask yourself the following questions:

What were the most important things I learned and why were they the most important?

How have I applied new skills and knowledge in my work?

In analysing the application of these new skills and knowledge, can I produce evidence of the circumstances in which they

were applied?

What other reading and development have I done outside my Fellowship plan to improve myself further and what do I now

need to do for the future to continue my development as my career progresses?

The members of the Fellowship Assessment Board evaluate every SPA very carefully. The most common reason why a SPA fails

to meet the required standard is because it does not demonstrate the candidates self-awareness. It is vital that your application

illustrates what you have learned and in particular what you have learned about yourself as a result of negative experiences. You

should not be afraid of admitting that you have learned from your mistakes as well as your achievements. In fact, such candid

self-awareness is extremely valuable.

It is important that you include sufcient information in your SPA to enable the Fellowship assessors to evaluate your

application. Any other correspondence between you and the CII will be kept separate from your application and so the SPA must

cover any issue which you feel is relevant to your application. You must include sufcient detail to demonstrate that you have

completed all the steps to Fellowship and you should identify how the elements of the application have been useful to you in

your work. The Fellowship assessors will also wish to see you demonstrate your ability to reect on what you have achieved and

how you will move your career forward.


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Examples of SPAs

The following examples have both been presented to the Fellowship Assessment Board. Both have been accepted and the

candidates are now Fellows of the CII. All names and company details have been changed.

Example 1

Francis Franks, Pin No: 0010110100ZStatement of Personal Achievement

Overview

Having worked in the Insurance industry for some time and on completion of my ACII, I was offered a managerial position at

EST Insurance Brokers. As I had come from CBS Insurance, I was used to handling vast corporate accounts with all of their

subsidiary companies. It proved to be an enormous challenge to grow a brokerage with a tiny client base and no corporate

clients. Fortunately, having handled corporate clients my professional approach was very successful and a high growth

percentage per annum was achieved. Prior to my departure from the company, the gross premium income was 4 million

per annum and as the company had begun with a gross premium income of under 175,000, this was a sizeable growth. My

responsibilities increased with the expansion of the business and my managerial skills were really put to the test and honed in

this period.

Fellowship Plan

In order to further and strengthen my managerial knowledge, I needed to complete my FIISA as soon as possible. As we were

required to specialise back then, I elected to take the Liability route as I felt that this was where I needed the most education.

All except one subject were completed under the auspices of the CII. The CII learning programme in South Africa was then taken

over by the IISA. I obtained a number of distinctions during my FCII and FIISA studies.

There were no changes to my Fellowship plan as I was fascinated by the Liability eld and still remain intrigued by the facets of

Liability Insurance. I completed my FIISA by means of this route.

Key Learning Points

Business Ethics which was written to convert my FIISA to a FCII cemented that which I had always believed and allowed meto make good judgemental calls. The company I had worked for was sold in 2000. In a small brokerage there are no peers

and only education assists. I was offered a directorship of the new company which had numerous other brokerages, which I

declined as I did not feel comfortable with their philosophies.

In 2001 I resigned to start my own brokerage with a colleague, we had worked together since 1994.

The completion of all aspects of my Fellowship and in particular Business Ethics stood me in excellent stead in the foundation

of my own company and we have striven at all times to uphold a very high standard of ethics and business practice. In the

maintenance of this approach, I am continually drawing on the knowledge gleaned in my FIISA/FCII.

Another of the key philosophies of my company is ongoing training and I continually run training workshops, thus ensuring that

not only are our staff trained to a high standard, but I am obliged to ensure that my own insurance knowledge is kept updated

at all times.


With the advent of FAIS, the Financial Services Act in 2004, pure skills without the relevant qualications are no longer

recognised or accepted. The requirements of FAIS are stringent and even the smallest insurance brokerage must be compliant.

The t and proper standard with regard to qualications has now been implemented. As a result of my FIISA training, our

brokerage was immediately declared t and proper by the Financial Services Board.

As a result of many smaller brokerages not complying with the new FAIS regulations, we have been approached to take

over several smaller brokerages and have taken over the running of those with the same business ethics and philosophies

as ourselves.


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I am condent in the knowledge and skills I have obtained with my FIISA and lecture regularly at the local insurance institute.

I have also recently acted as an Expert Witness for a broker who was accused of not having acted professionally. I have

received a copy of the judgement handed down in this matter, it was favourable towards the abovementioned broker and the

judge offered the plaintiff to pay all costs incurred.

I am called upon, on a regular basis, by insurers to check changes made to policy wordings and to provide critiques on

these wordings.


Our brokerage has grown from strength to strength and we have managed to increase our turnover by 25% per annum since our

inception. My FIISA status has been key to professional status and the management skills learned in the FIISA/FCII courses have

been invaluable in the founding of my own brokerage and I continue to draw on these skills constantly.

The key elements of our brokerage and our business philosophy remain the constant training and encouragement of education

in all our staff, and the implementation and maintenance of professional business ethics at all times.

As I believe in the basic tenets of the sharing of knowledge, I will continue to be involved with lecturing at our local

insurance institute.

It is essential to guard against complacency with regards to ones achievements and to this end, I intend to continue honing my

skills by working in the industry and remaining involved in it, both for my personal and business development.

As insurance is such a vast and ever-changing eld, there is always scope for acquiring additional knowledge. It is this market

which I view as a personal challenge and shall continue to remain a part of this very exciting industry in the future.

Afrmative Action is a key aspect of International business at present and we strive to ensure that we maintain the correct

demographics within our company in order to remain compliant at all times.

I perceive the time spent on lecturing, both to my own staff and the insurance institutes, my critiques on new policy wordings

and the opinions which I am called on to give by my peers as part of my continuing professional development. The diversity of

requests for assistance also ensures the maintenance of a diversity of insurance knowledge.


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Example 2Brian Bond, Pin No: 111111GStatement of Personal Achievement

Overview

Near to the completion of my ACII studies my career as an underwriter took a change of direction. I moved from an underwriting

agency specialising in household property insurance to join an international commercial property team at a major Lloydssyndicate, XYZ Ltd. The opportunities to expand my knowledge and participation in the international commercial property

business was a fantastic opportunity from a career point of view but also presented a great challenge to me in terms of my own

personal development. My Fellowship plan was therefore based on my personal development as an international commercial

property underwriter and the pursuit of my stated objective to realise the opportunities presented by making the most of the

resources available to me at XYZ Ltd.

Not long after formulating my Fellowship plan I began to realise that I might not be able to achieve all of my stated objectives

at XYZ Ltd because of factors beyond my control which are discussed later in this SPA. For these reasons I eventually decided

to look elsewhere to achieve my goals and was fortunate to be offered a position as an international commercial property

underwriter at another Lloyds syndicate, LMN Ltd, in May 2001.

Fellowship plan

Formulating my Fellowship plan caused me to reect on my career so far and to articulate in words a plan that I had already

embarked on, albeit with a less structured consideration of how I would achieve my objectives and the potential problems

I could encounter. I started at XYZ Ltd approximately 10 months before submitting my Fellowship plan. The Fellowship plan

SWOT analysis established my strengths as expertise in household property business, a niche area of property insurance and

the value of contacts I already had around the world relative to that niche industry. My weaknesses were my lack of experience

outside of my niche area, a weakness which I later had to work hard to address at XYZ Ltd. The opportunities were signicant

offering me a chance to get into the mainstream of international commercial property business in Lloyds and it appeared that

a senior management position might also be possible at XYZ Ltd. The threats were identied as being the limited time available

to harness resources and to take advantage of the opportunities before market conditions changed.

My major achievement is my BA (Hons) degree in Insurance studies which I completed in 1999 with a 2.1 grading. The rst

quarter of this course overlapped with the completion of my ACII in April 1998. My degree was a modular course consisting ofeight units taken over four semesters. Some of the units were compulsory and included macro-economics, modern insurance

law and strategic management. Three units could be selected from a list of agreed subjects and the eighth unit was a

dissertation.

As stated above, my Fellowship plan expressed a programme I had already embarked on. It made me focus upon a two-fold

objective: 1) to develop as a leading underwriter in international commercial property insurance and 2) to progress in the

management hierarchy at XYZ Ltd. I considered that my knowledge of household property insurance could be valuable in the

development of service-based products and would help my personal development.

Changes to Fellowship plan

In April 2000, however, I began to realise that I would probably not be able to attain my objectives at XYZ Ltd. for reasons

largely beyond my control. A number of syndicates including XYZ Ltd. had begun to forecast poor underwriting results for theproperty business generally. A loss of condence in the international property business generally led XYZ Ltd. to examine its

business and to re-focus on its core UK property and nonmarine liability business. As a result of this I felt that I was unlikely, as

an international commercial property underwriter, to progress in the management hierarchy of XYZ Ltd.

The realisation that I would not be able to develop as I had planned at XYZ Ltd was a great disappointment. I had learned a lot

there and felt that it was an extremely well managed company. It opened my eyes to how an underwriting business should be

run and it made me realise quickly that I still had much to learn about insurance business generally. The approach to business,

reporting functions and controls identied the key areas that are critical to underwriting successfully whatever the class of

business. There was also an absolute focus on protability.


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Key learning points

At times I found it difcult to make the adjustments needed to become a successful international commercial property

underwriter. With guidance from my managers and peers at XYZ Ltd I completed the transformation and this enabled me to

market my skills in this business area and eventually to take the position as international commercial property underwriter

at LMN Ltd. Managing change has been a recurring theme in my development and I feel that in achieving my Fellowship plan

objectives I have learned to use changing circumstances to work to my advantage.


Completing my degree has also been very valuable. I covered a broad range of subjects and developed skills some of which I

had previously considered to be unimportant for an underwriter. For example, I completed a public relations module which gave

me a great insight into how to manage PR and how to handle negative as well as positive situations. Most of the modules, but

the dissertation in particular, taught me how to research subjects effectively. This skill is not just useful as an academic tool.

Undoubtedly it enabled me to develop a technical publication which I edited and launched successfully as XYZ commercial

property news. In addition, from a commercial point of view, I now nd that I can access sources of information very quickly and

this reinforces the underwriting decision-making process.

The past eleven months have been a very testing time for me at LMN Ltd. The exposure as line underwriter has enabled me to

develop very rapidly into the management position to which I had aspired three years ago. Overall the experience impacted

positively on my personal as well as commercial development.


Although I now occupy the position I set my sights on three years ago, I still consider that learning and development are an

on-going part of my commercial life. I reect frequently on my underwriting decisions to try to identify mistakes early and to

see if there are better ways of doing things. My development over the last three years has given me a very strong grounding

as an international commercial property underwriter but I will continue to develop my personal skills and to test objectives for

personal as well as management development. Current market conditions remain very unstable and no one can afford to be

complacent over their skills and knowledge. I intend to use all that I have learned and to build on this to anticipate and react

to a changing environment.


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Statement ofPersonal Achievement

Application form

Please attach this form to your Statement

of Personal Achievement and return FOUR copies to:

The Fellowship Advisory Service at The Chartered Insurance Institute

20 Aldermanbury, London EC2V 7HY




Daytime tel Mobile

e-mail

Home address

Postcode Country

Employers name

Job title

I am submitting this Statement of Personal Achievement as part of my application for Fellowship

Signed Date


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Step 7 Application for election to Fellowship

Applying for election to Fellowship

You can apply as soon as you have completed all of the steps to Fellowship and have been an Associate for three years.

You do not have to be on the Fellowship programme for three years before making your application.

Once we receive your election to Fellowship application form and payment of your election fee (200) we will send you

an acknowledgement.

Applying for Chartered Status

When you apply for Fellowship you are encouraged to hold a Chartered title and to abide by the regulations applying to

Chartered titleholders. If you do not already hold a Chartered title you should consider whether to apply for one when you apply

for Fellowship. A Chartered title with the FCII designation shows the world that you have attained and maintained the highest

and most prestigious level of professional achievement.

There are four Chartered titles: Chartered Insurer, Chartered Insurance Practitioner, Chartered Insurance Broker and Chartered

Financial Planner. For further details contact Customer Service on +44 (0)20 8989 8464.

The requirements of the Chartered titleholder CPD scheme are the same as the CPD requirements for progression to Fellowship.

Fellowship assessment dates

Fellowship election applications are assessed on a quarterly basis. You should ensure that your completed application is

received by the CII by one of the following dates each year:

1 February

1 May

1 August

1 Oct

If there is sufcient demand, the CII may hold additional assessment boards; for further information contact FAS

on +44 (0)20 7417 4412.

Applicants will be advised of their result approximately 10 weeks after the closing date.

Assessment

All Fellowship applications will be assessed by specially trained Fellows. Three assessors (Fellows) will be appointed to review

and evaluate your application. Each assessor receives a copy of your major achievement and your statement of personal

achievement. Your application will be assessed against the xed assessment categories set by the Fellowship Assessment

Board, described in these guidelines.

The assessors will produce reports for the Fellowship Assessment Board which ensures consistency and standards.

From time to time we may ask a candidate to come for an interview before a recommendation is made. If you are called for an

interview we pay all reasonable expenses incurred, which are agreed with you beforehand.

We regret that we cannot give your result by telephone.


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If you succeed

Provided that you have carefully followed these guidelines you are likely to be successful.

You will receive a letter conrming that you have been elected as a Fellow and are entitled to use the designatory letters, FCII,

a right that belongs only to members who maintain this status by annual subscription and Continuing Professional Development.

You may not use the letters FCII or describe yourself as a Fellow until you have received this written conrmation.

Depending on any local arrangements, your Fellowship Diploma is sent either to you or to your local institute approximately six

weeks later.

Each year, the applicant judged to have submitted the best Fellowship application will be awarded the CIIs Rutter medal and a

cash prize. For previous winners please visit the CII website www.cii.co.uk/cii/about/prizes_awards/rutter.aspx.

If you do not succeed

If you do not succeed you will receive a letter, which includes assessors comments on why your application has been

unsuccessful and advice on what further action you need to take.

Your application might not be accepted because of something that you could easily remedy. In this case, you may re-submit

your application once this has been put right.

However, more major remedial work might be required. For example:

the content of your dissertation does not meet the required standard. You may either revise the dissertation, submit a

new one or select a different major achievement option;

the content of your project report does not meet the required standard. This may be because the project report is judged

not to have included sufcient detail, because your part in it is not sufciently great or because of shortfalls in your report

on the project. We will write to advise on what you need to do. In some cases, you may have to submit a report on an

additional project or start afresh with a different major achievement;

your published works do not meet the required standard. You may either submit an alternative work or works or choose a

different major achievement.

Please note that it is not possible to top-up a decient major achievement with part of another type of major achievement.

For example, if your dissertation is at fault, you cannot submit a published work to raise it to the required standard.

Please note: All re-submissions must be accompanied by an additional election fee (200).


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THE CHARTERED INSURANCE INSTITUTE

42 - 48 High Road, South Woodford, London E18 2JP

tel: +44 (0)20 8989 8464

fax: +44 (0)20 8530 3052

email: [email protected]

website: www.cii.co.uk

The Chartered Insurance Institute 2008

Documents

Fellowship Regulations & Guidelines 08-09