The College of Insurance and Professional Studies, formerly known as the Insurance College of Jamaica (ICOJ), started operations in April 1980 as a private tertiary institution and is registered by the University Council of Jamaica.
The College was registered as a non-profit educational institution limited by guarantee under the Companies Act of Jamaica on November 11, 1981 and is now the official educational arm of the Insurance Institute of Jamaica.
Established to provide training for the General Insurance Industry, the College has expanded its scope and mission to offer similar services to the wider business community – hence the change of name to the College of Insurance and Professional Studies (CIPS).
CIPS is the premier educational institution servicing the insurance industry and has constantly reviewed its operations, not only to adequately satisfy the needs of its primary market, but also offering its service to the wider community.
he College is supported through income from courses and seminars conducted. This is supplemented by an annual organizational membership fee structure determined by the Board of Directors.
The Mission of the College of Insurance and Professional Studies is to implement training programmes of the highest standard related to the professional and personal development of individuals involved in the insurance industry and other areas of commerce.
Its Vision is to be the training Institution of choice for the insurance industry
The College is offering some exciting study programmes that have been developed to meet the needs of a broad cross section of individuals, both within and outside the Insurance Industry. The new programmes target; current students, insurance personnel in need of retraining, persons wishing to enhance their prospects of promotions, persons who are considering making a career change, young professionals, as well as high school leavers looking for a career opportunity/choice.
The programmes are:
- Associate Degree in Business Administration
- Associate Degree in Insurance Management
- Certificate in Supervisory Management
- Certificate in Insurance Studies
- Jamaica Insurance Diploma
The industry offers a number of stimulating and rewarding job opportunities and provides employment for many occupational groups. Some jobs are common to other commercial enterprises, but some are unique to the industry and require specialized training.
Some career opportunities that await you in this exciting world of insurance are:
- Insurance Agent
- Claims Administrator/Manager
- Insurance Broker
- Customer Service Representative
- Sales Representative
- Loss Adjuster
- Risk Manager
Other career opportunities in the insurance industry include :
- Finance and Investments
- Human Resource Development
- Information Technology
The College of Insurance & Professional Studies hosts regular seminars/workshops on topics related to the Insurance industry, as well as topics of interest to the wider business community.