Captive Insurance Skill Development Program

Hero

Captive Training Program 1

Mandatory standard training for any new joiner, irrespective of qualification & experience (exception for those who are experienced in Captives)


training table1

Tentative Training Schedule

training Table2

Requirements from Management

The following support is required from management:

  • Overview & brief training to CAPINASIA on Client accounting tool.
  • Access to CAPINASIA for Client accounting tool training environment.
  • Overview & briefing of various domicile specific requirements.
  • Overview & briefing of process, working paper and any standard excel models being followed.

    • Reports to Management

    The following reports will be submitted to management:

  • Skill gap assessment report.
  • Attendance & Behavioral report.
  • Post training evaluation report with recommendations.

    • Captive Training Program 2

    Refresher training for any new joiner who are experienced in Captive management accounting:

    training table3

    Tentative Training Schedule

    training Table2

    Requirements from Management

    The following support is required from management:

  • Overview & brief training to CAPINASIA on Client accounting tool.
  • Access to CAPINASIA for Client accounting tool training environment.
  • Overview & briefing of various domicile specific requirements.
  • Overview & briefing of process, working paper and any standard excel models being followed.

    • Reports to Management

    The following reports will be submitted to management:

  • Skill gap assessment report.
  • Attendance & Behavioral report.
  • Post training evaluation report with recommendations.

    • Captive Training Program 3

    “Domicile specific trainings” in consultation with the respective Domicile lead.

    Every captive insurance domicile is unique in the nature of regulatory affairs, business and reporting requirements. Certain domiciles are more stringent in terms of regulatory procedures and reporting requirements, which may require additional training.

    After due consultation with the respective domicile leads, we can design a customized training program.

    Tentative Training Schedule

    training Table2

    *A detailed training schedule and commercial quotation can be prepared after due discussions.

    Certification programs offered by ICCIE

    International Centre for Captive Insurance Education (USA) offers the following certification programs.

    training table5

    Notes

    The following support is required from management:

  • 1. Programs are offered by ICCIE & not CAPINASIA.
  • 2. Fees is to be paid directly to ICCIE only.
  • 3. CAPINASIA will facilitate administrative matters viz.,
  • Overview & briefing of process, working paper and any standard excel models being followed.
  • Price negotiation
  • Group discounts
  • Administrative support from admission to completion of the programs
  • 4. Programs are offered by ICCIE & not CAPINASIA.
  • Client can project the skilled & certified resource strength to transit more work from various domiciles across the globe.
  • If 20% of Client staff have qualified in “CCI” then they can get the “ICCIE Trained Organization” designation. This will help Clientin projecting/highlighting the knowledge/skill strength it possess.
  • Client can gain competitive advantage over the other CoE in the industry.
  • Client scope of expanding to various domiciles across the globe, will increase.

    • *Client can develop captive insurance consulting practice which can cater to the growing needs of Asia Pacific Captive insurance requirements.