Insurance Fraud Risk Management
Insurance Fraud Risk Management (IFRM) is a 1-month certificate course in Risk and Fraud Management, studied online, examined by Finstock Evarsity College. The full fee is KES 15,000.
Overview
Certificate in Insurance Fraud Risk Management
Course Overview
A certificate in Insurance Fraud Risk Management is offered at Finstock Evarsity College. It is a 1-month online program examined by Finstock Evarsity College. A certificate is issued upon completion of the course.
This course explains what insurance fraud is and discusses various methods by which insurance fraud is perpetrated. It also covers the various weapons provided by statutory law, legal precedent and professional claims handling that enable companies to reduce the amount stolen by fraud perpetrators. Furthermore, it explains the use of red flags or indicators of insurance fraud and the use of an insurance company's special investigation unit to gather the evidence necessary to assist in the defeat of insurance fraud.
What is the minimum grade required to do a Certificate in Insurance Fraud Risk Management?
To enroll and study for a Certificate in Insurance Fraud Risk Management, one must attain Basic computer literacy
Mode of Delivery
Home and/or office-based media employing a variety of self-instructional electronic and online self-study materials, such as; written self-instructional study modules, online interactive devices, and self-tests, cloud-based content, videos of lectures mediated technical learning materials e.g., audiovisual and e-learning materials
Program Goals
Upon successful completion of the Insurance Fraud Risk Management Certificate, students will be able to:
- Recognize what insurance fraud is.
- Explore the methods needed to investigate and defeat insurance fraud attempts.
- Identify legal bases available to defeat insurance fraud.
- Explore the reason why it is in the best interest of insurance companies to actively work to defeat attempts at insurance fraud.
Career opportunities
- Insurance fraud investigator.
- Fraud team manager.
- Insurance adviser.
- Fraud analyst.
- Insurance claims specialist.
- Policy fraud representative.
Reasons you should study this course
- Understand and be aware of fraud and risks that could cause great harm and losses to financial organizations.
- Be capable of handling advanced technological systems to track and record information and predict fraud in an organization.
- To devise, document, and implement organization-wide protocols and guidelines for operations to mitigate any chances of fraudulent activities.
- To spread awareness through training other professionals on fraud and risk management.
- To be in a position to take timely and appropriate decisions in case a fraudulent activity takes place in the organization.
What we offer
Now that you have a better idea of where the Insurance Fraud Risk Management certificate can take you, it is time to start your success journey. These careers only represent the baseline of the kind of work you can do.
If left unchecked, fraud loss can become embedded into an organization's culture. If there is no insurance fraud risk management strategy in place, fraud has the potential to grow like a virus, destroying the health of businesses and causing greater losses. Insurance fraud is a challenge facing almost all insurance firms whether in the developing or developed world. With the huge demand for qualified insurance professionals, your skills will be highly demandable to the job market, to get equipped with these skills enroll at Finstock Evarsity College and get your career journey started.
Tags
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What you will study
- IFRM001 Insurance Fraud Risk Management
Fees
| Item | Amount |
|---|---|
| Registration | KES 1,000 |
| Tuition | KES 14,000 |
| Total | KES 15,000 |
Paying in instalments
All fees are payable in a lump sum or in instalments. The course runs over one trimester, and each trimester's fee can be paid in 3 instalments.
| Trimester | Total per trimester |
|---|---|
| Trimester 1 | KES 15,000 ($ 150) |
| Total | KES 15,000 ($ 150) |
The trimester fee of KES 15,000 ($ 150) is payable in 3 instalments of KES 5,000 ($ 50).
Requirements
Entry requirements
Basic Computer Literacy
Practical requirements
The cost of practicals, internships or industrial requirements is KES 30,000 ($ 300) and only applies to courses that require practicals.
Good to know
- All Fees are payable in installements, for details check FAQs.
- Digital (downloadable) certificates are available. Printing and shipping of hardcopy certificate can be done at a cost of KES 2,000 ($ 20).
Instructors
- JAMES MBURU KIMANI
- STEPHEN MAKOKHA WERE
Frequently asked questions
Reviews
-
DONALD MAKUNDE
Botswana ·Rated 5 out of 5
I really appreciated how this course balances theory and real-world applications. The lessons are easy to follow, and I feel much more confident handling fraud risk scenarios at work now. The online format worked perfectly for me as a busy professional, and I didn’t have to worry about missing anything. Definitely great value for money.
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ROSEMARY WAIRIMU MBURU
Kenya ·Rated 5 out of 5
This course was worth every shilling! The content is really practical, and I could immediately see how it applies to real insurance cases. I loved that the tutors were always quick to respond to questions, making learning so much smoother. Even with my full-time job, the flexible schedule allowed me to study at my own pace without feeling overwhelmed.
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ANTONY NJONGE
Kenya ·Rated 5 out of 5
I am delighted to have completed the IFRM course. I found it to be both highly informative and practically relevant to my role in the insurance sector. The course has offered a comprehensive overview of the key principles, techniques, and frameworks used to detect, prevent, and manage fraud risks within the insurance industry.
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CALEB KIPKIRUI BII
Kenya ·Rated 5 out of 5
I am very pleased to give this course a 5-star rating! The content was highly informative and fully met my expectations. I gained valuable knowledge on how to identify and effectively manage fraud in health claims and pre-authorizations. The course was well-structured, practical, and provided clear insights into risk management strategies specific to insurance fraud.
I would also like to extend my sincere appreciation to my tutor, who was incredibly helpful throughout the training. Their guidance, support, and expertise made the learning experience even more enriching and enjoyable. Thanks to their dedication, I was able to grasp complex concepts with ease.
I highly recommend this unit to anyone looking to deepen their understanding of fraud prevention in the healthcare insurance sector. -
DICKSON GITONGA NJIRU
Kenya ·Rated 5 out of 5
Greetings,
This is to express my gratitude for completion of this short certificate course in Insurance Fraud Risk Managament at Finstock Evarsity College. The course was very informative and delivered in a way that was very enganging, memorable due to the video clips shared, clear and consise. I enjoyed the course and learned a lot from it. The 8 learing lessons are well organized and focused on pratical situation in fraud risk management. The exams and assingment also provided me with opportunity to evealuate myself on what I had learned.
I look forward doing other courses at Finstock Evarsity college and I have recommend others to take up courses already at the college.
Allow me to commend the course administrators (Teresia & Esther) for the support they give me on all the technical challenges I encountered and prompt feeback on my equiries, without forgetting director(s) of the college for my admission, the trainers and examiners.
Once again Thankyou all.
Yours sincerely,
DICKSON GITONGA NJIRU
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