Registration

Every applicant for registration as a student is required to complete a CAREER PROSPECTS

registration form which must be accompanied by certified copies of
any relevant certificates or diplomas gained since leaving school. The • UNDERWRITTER
Institute may accept or reject an application and its decision in this • ASSESOR
matter is final.
• LOSS ADJUSTER
Tuition • BROKER
IIZ is an examining board and does not offer tuition. It must be noted
that it is the responsibility of the students and not the Institute to • FINANCIAL ADVISOR
arrange study programs. • FINANCIAL PLANNER
Assessment Scheme • INSURANCE INVESTIGATOR
For all the IIZ courses, candidates will be assessed by written • INSURANCE SALES AGENT
examinations.
• PENSIONS ADMINISTRATOR
Examination Entries
IIZ examinations are written in April and October each year. Enhancing Exellence in Insurance Practice
Applications to enter for the examinations must be made on the
prescribed forms which are obtainable from the office in Harare or on
VISION
ABOUT IIZ
the Institute’s Website. Students are also encouraged to use the web
portal for registration once the corresponding payment has been To be a world class provider of insurance profes-
made at the bank. Students must beware of closing dates of
examination registrations at normal registration and at late sionals to the Financial Services Markets. The Insurance Institute of Zimbabwe (IIZ) is a
registration for both sittings. The registration forms must be
professional insurance organization and independent
accompanied by the correct examination fee for each subject to be
written. Registration forms with insufficient funds will be rejected. No MISSION examining body whose core function is to promote
entry will be accepted from Certificate of Proficiency to Associateship efficiency and improvement in business practice
if the first level subjects have not been completed. IIZ qualifications
To provide world class insurance professionals
are progressive. through a credible examinations system amongst its members as well as the delegates it trains.
and continuing professional development. It was officially launched in August 1982 as the
Postponement Of Examination Entries
Examinations entries will not be postponed except as stated below:
Insurance Training and Education Board of Zimbabwe
(ITEB). Since then, thousands of students have passed
Refund of examination fees. Examination fees are not normally
refundable, but considerations will be given to applicants for refunds
VALUES
through its doors. The professional qualifications it
on medical grounds only at the discretion of the Institute. In pursuit of our vision and mission, IIZ will be
offers are accredited by the Ministry of Higher
• A certificate from the doctor is required, stating the duration of the guided and uphold the following principles/ core
illness of the student. The covering letter and doctor’s certificate
Education, and certified in conjunction with the
must reach the office not later than one week after the illness.
values. National University of Science and Technology
• Notification of postponement will not be accepted by telephone, • Integrity (NUST), in Bulawayo. Besides being an examining
telegram, or fax. A formal letter must be written.
• In all other cases, the examination fees will be forfeited if the
• Professionalism body, the Institute facilitates short courses,
student does not write the examination. • Teamwork workshops, seminars, and conferences as part of
• Refund of examination fees or postponement of examinations will
be considered if the student withdraws the entry a month prior to • Transparency continuing professional development (CPD) to the
the examination date. A handling fee will be charged and deducted • Relevance industry in general. Members of the IIZ Management
from the amount to be refunded. Board are drawn from the following industry
Exemption Policy associations:
It is the Institute’s policy that exemptions will be granted on
application, generally on a subject for subject basis to holders of
CONTACT US • Insurance Council of Zimbabwe (ICZ)
relevant qualifications from other examining bodies and provided that
the bodies are accredited by the Ministry of Higher and Tertiary The Insurance Institute of Zimbabwe • Life Offices Association of Zimbabwe (LOA)
Education Science and Technology Development. 41 Caithness Road • Zimbabwe Insurance Brokers Association (ZIBA)
Eastlea, Harare • Zimbabwe Association of Reinsurance
Examination Centres
The Institute runs its examinations directly. The current examination Organisations (ZARO)
centres are as follows: Phone: +263 - 4 - 776636/788010/746238 • Zimbabwe Association of Funeral Assurers (ZAFA)
• Harare • Bulawayo Fax: +263 - 4 - 7766365
• Masvingo • Mutare • Insurance Institute of Harare (IIH)
• Gweru • Maputo
E-mail: [email protected]
• Insurance Institute of Bulawayo (IIB)
• Francistown • Gaborone Exam Registration: [email protected]
Website: www.iizim.co.zw • Society of Fellows
 LEVEL III (3) – ASSOCIATESHIP
COURSES COMPULSORY SUBJECTS Is an advanced qualification that demonstrates advanced technical
knowledge across many areas. It is for operational and managerial staff
LEVEL I (ONE): INSURANCE in insurance, broking, reinsurance, funeral, and pension fund
1 PRINCIPLES AND P01 3 HRS
CERTIFICATE OF PROFICIENCY - FOUNDATION COURSES administration companies. It is also for those aspiring to work at a
PRACTICE 1 strategic level. It can be completed in one year. The six examinations
CERTIFICATE OF are set from the Institute modules. Students specialize in either Short
INSURANCE Term/Non-Life or Long Term/Life Insurance.
PROFICIENCY IN
1 COP-SHORT 2 HRS 2 PRINCIPLES AND P02 L 3 HRS
SHORT-TERM
PRACTICE 2 - LIFE
INSURANCE COMPULSORY SUBJECTS
INSURANCE
CERTIFICATE OF 1 RISK & INSURANCE ASS01 3 HRS
PRINCIPLES AND P02 NL 3 HRS
PROFICIENCY IN
2 COP-LONG 2 HRS PRACTICE 2 – NON LIFE
LONG-TERM 2 INSURANCE BROKING ASS02 3 HRS
INSURANCE
LEGAL ASPECTS OF
3 P03 3 HRS 3 REINSURANCE PRACTICE ASS03 3 HRS
INSURANCE
CERTIFICATE OF
PROFICIENCY IN COP- NON LIFE/SHORT TERM
3 2 HRS BRANCH LEVEL
RETIREMENT FUND TRUSTEESHIP ELECTIVES (CHOOSE ANY 3)
TRUSTEESHIP
COMMERCIAL
4 RISK MANAGEMENT ASS04 3 HRS
4 GENERAL P10 3 HRS
ENTRY REQUIREMENTS INSURANCE (NON LIFE)
ENGINEERING &
a) Normal entry
5 CONSTRUCTION ASS05 3 HRS
Five Ordinary level subjects including English Language and LONG TERM
5 P12 3 HRS INSURANCE
Mathematics. BUSINESS (LIFE)

6 LIABILITY INSURANCE ASS06 3 HRS

TECHNICAL LEVEL (TAKE
b) Special entry
ONE IN AREA OF
The Institute may, at its own discretion, approve an application from a 7 BUSINESS INTERRUPTION ASS07 3 HRS
SPECIALISATION)
prospective student who has not fully satisfied the normal educational
requirements provided the prospective student has had at least two MARINE & AVIATION
MOTOR INSURANCE 8 ASS08 3 HRS
years insurance business experience. An applicant should submit a 6 765 3 HRS INSURANCE
(NON LIFE)
letter from an employer as proof of relevant working experience for
LIFE/LONG TERM ELECTIVES
consideration together with the application. PRINCIPLES OF
(CHOOSE ANY 3)
PROPERTY AND
7 745 3 HRS
PECUNIARY
9 ESTATE PLANNING ASS09 3 HRS
INSURANCE (NON LIFE)

10 LIFE INSURANCE PRACTICE ASS10 3 HRS

PENSION LAW,
8 TAXATION AND 740 3 HRS
11 LIFE INSURANCE CLAIMS ASS11 3 HRS
ADMINISTRATION (LIFE)

12 RETIREMENT PLANNING ASS12 3 HRS

9 LIFE ASSURANCE (LIFE) 735 3 HRS

13 HEALTH INSURANCE ASS13 3 HRS

ENTRY REQUIREMENTS
LEVEL II (2) – DIPLOMA Normal entry
It’s the next level qualification which is intended for all levels of staff ENTRY REQUIREMENTS
• A Certificate of Proficiency will be accepted for registration Normal entry
across all sectors of insurance. It equips students with high technical
purposes.
knowledge and skills. It is also for those who have an eye on • A Diploma in Insurance will be accepted for registration purposes.
• Five Ordinary level subjects including English Language and
• Five Ordinary level subjects including English Language and
management positions. The course can be completed in one year and Mathematics.
Mathematics.
is open to holders of the COP. The five examinations are based on the • Any other Insurance qualification accredited by the Ministry of
• Any other Insurance qualification accredited by the Ministry of
Institute modules. At this level students will choose to specialize in Higher and Tertiary Education Science and Technology
Higher and Tertiary Education Science and Technology
either Short Term/Non-Life Insurance or Long Term/Life Insurance. The Development judged to be equivalent to the normal entry
Development judged to be equivalent to the normal entry
subject combinations are: qualifications.
qualifications.