What is the Certified Insurance Management Specialist?

The Certified Insurance Management Specialist is a globally recognised professional certification by the Global Leadership Institute (GLI), designed to equip professionals with advanced competencies in Finance & Accounting.

How long does this certification take?

The programme is 10 Weeks and can be completed at your own pace through our self-paced online option, or alongside live virtual sessions.

Is this certification globally recognised?

Yes. GLI certifications are internationally recognised and carry CPD credits, making them valuable for career advancement worldwide.

What level is this certification?

This is a Advanced Level certification, suitable for professionals with relevant experience or background in the field.

You can enrol by emailing info@certifications.ac, contacting us via WhatsApp at +254 722 223 084, or filling the enrolment form below.

Certified Insurance Management Specialist in Burundi

Course Curriculum

Programme Modules

Click any module to explore the detailed curriculum topics included in this certification.

Foundations and Strategic Context of Certified Insurance Management Specialist

Certified Insurance Management Specialist: industry context, trends and professional standards
The role of finance in organisations and value creation
Financial, management and cost accounting distinguished
The finance operating model and business partnering
Accounting concepts, principles and the regulatory landscape
Financial statements and the accounting equation
Stakeholders and users of financial information
Ethics and professional standards in finance
Corporate objectives and shareholder value
The finance function and digital transformation
Building a finance career and professional development

Regulatory and Prudential Duty

Financial regulation and prudential supervision
Internal control and the fraud triangle
Audit evidence, sampling and professional scepticism
Analytical techniques and bias
Preparing financial statements
Financial reporting frameworks (IFRS/GAAP)
Interpreting financial statements
Reporting quality and governance
Management accounts and dashboards
Budget vs actual and variance
Cost and profitability analysis
Forecasting and planning
Data visualisation for finance
Decision support and insight
Communicating financial results

Investment of Reserves

Investment appraisal and the cost of capital
Treasury, liquidity and currency exposure
Financial regulation and prudential supervision
Financial strategy and capital allocation
Psychodynamic and psychoanalytic approaches
Financial risk: credit, market, liquidity, operational
Corporate governance and the finance role
Board reporting and investor relations
Business partnering with the enterprise
Mergers, funding and growth strategy
Crisis, resilience and contingency planning
Stakeholder mapping for the finance function
Board and executive financial reporting
Investor relations and market communication
Business partnering and influencing

Control, Fraud and Claims Integrity

Internal control and the fraud triangle
AML, KYC and financial crime prevention
Audit evidence, sampling and professional scepticism
Disclosure, notes and integrated reporting
Reporting quality and earnings management risks
Time value of money and discounting
Attachment and developmental theory
Valuation methods and business valuation
Professional roles, boundaries and settings
Risk, return and portfolio theory
Working capital management and the cash cycle
Cash flow forecasting and liquidity management
Receivables, payables and inventory management
Ethical principles and codes of practice
Short-term financing and money markets

Serving Underserved Markets

Financial inclusion and serving underbanked markets
Credit assessment and the five Cs
Accrual accounting and the profit-cash gap
Peer support and consultation
Sustaining ethical, effective practice
Ethical frameworks and codes of practice
Duty of care and risk management
Record-keeping and data protection
Complaints, accountability and fitness to practise
Legal responsibilities and professional bodies
Assets, liabilities and equity reporting
Evidence-based improvement
Managing risk and difficult cases
Ratio and trend analysis
KPIs and performance reporting

Risk, Pricing and Reserves

Expected credit loss and portfolio quality
Investment appraisal and the cost of capital
Reading financial statements as a manager
Forecasting and planning (FP&A)
Evidence-based financial recommendations
Enterprise resource planning (ERP) and finance systems
Financial data, master data and the chart of accounts
Automation, RPA and the digital close
Business intelligence and finance dashboards
Data analytics and predictive finance
Cloud finance and system integration
Cybersecurity and financial data protection
Lessons learned and development
Driving effective, ethical outcomes
Designing and facilitating groups

Reading Financial Position

Reading financial statements as a manager
Accrual accounting and the profit-cash gap
Financial regulation and prudential supervision
Psychoeducation and workshops
Working with organisations on wellbeing
Back-office processing and controls
Designing an intervention or programme
Ethical, risk and feasibility considerations
Professional case study and presentation
Evidence-based practice
Risk assessment and safety planning
Treatment planning and review
Managing complexity and comorbidity
Digital and internet banking
Workplace and organisational contexts

People Administration

Payroll, statutory deductions and employment cost
Communicating risk to the workforce
Workforce and shift management in retail
Workforce management and scheduling
Workforce planning and scheduling
Employee experience and engagement
Customer and employee satisfaction
Talent, succession and workforce learning
Employee engagement models and drivers
Digital HR and the employee experience platform
Data protection and employee privacy
The employee lifecycle and HR value chain
Strategic workforce planning and demand forecasting
Belonging, culture and employee resource groups
Employee and manager self-service

International and Currency

Transfer pricing and international tax
International and cross-border tax
Foreign exchange and currency risk
Goal setting and action planning
Tax planning vs avoidance vs evasion
Tax risk management
Accountability and follow-through
Wellbeing and resilience coaching
Measuring coaching outcomes
Strengths, flow and engagement
Meaning, purpose and values
Outcome and process measures

Change

Change management in finance
Measuring transformation impact
Finance transformation and target operating models
Baseline setting and change control
Sales and marketing transformation
Measuring growth and transformation impact
Data, records and confidentiality tech
Digital and market transformation
Behaviour change and adoption of innovations
Customer experience transformation
Digital and self-service transformation
Variations, claims and delay: managing change on site
Change talk and readiness
Habit change and behaviour design
Change control and configuration

Sustainability and ESG

Sustainability of microfinance
Sustainability and responsible finance
Sustainability and responsible sourcing
Sustainable procurement principles and standards
Environmental, social and governance (ESG)
Sustainability reporting and disclosure
Embedding sustainability in sourcing
Mine water, tailings and environmental management
Integrated and sustainability reporting
The project environment and stakeholders
Sustainability and social impact in projects
Carbon markets and climate finance
Practice management systems
Psychometric and screening tools
Monitoring sustainability outcomes

Learning and Research

Learning transfer and capability building
Monitoring, evaluation and learning for accountability
Evidence-based practice and research literacy
Lessons learned and knowledge management
Market research design and methods
Qualitative and quantitative research
Facilitation, training and public presentation skills
Ethics of technology in practice
Complaint data and learning
Training and capability building
Training needs analysis
Training needs analysis and learning strategy
Knowledge management and capability building
Cognitive load and learning science
The learning and development profession

Financial Practice

Audit evidence, sampling and testing
Corporate income tax and computations
Tax planning, avoidance and evasion distinguished
Managing tax risk and audits
Ethics and transparency in tax
Budgeting, forecasting and variance analysis
Costing methods and relevant cost for decisions
Financial modelling and forecasting discipline
Tax compliance and the tax risk agenda
Applying reporting standards and accounting judgement
Digital finance, mobile money and payment operations
Tax provisioning and reporting
Keeping current with tax change
Types of banks and financial institutions
Financial inclusion and the evolving customer

Banking and Financial Services

Loan structuring and pricing
Consumer, SME and corporate credit
Credit risk measurement
Stress testing credit portfolios
Credit bureaus and data
Regulatory capital for credit
Credit risk governance
Treasury technology and systems
Investment strategy and allocation
Credit and counterparty risk
Development banking principles
Digital and alternative-data credit
Negotiation with banks, investors and suppliers
Investment of surplus funds
Investment and disinvestment decisions

Risk and Control

Governance of operations
Market risk and VaR
Emerging tools and innovation
Regulatory compliance and professional duty
Risk assessment and sensitivity analysis
Interest-rate risk and hedging
Financial risk management and derivatives
Fraud risk, prevention and detection
Governance of controls and reporting
Statutory compliance and filings
Payables, procurement controls and supplier fraud
Tax compliance and returns
Operational risk management
Regulatory compliance in operations
Regulatory and compliance requirements

Legal and Regulatory

Managing audit and regulator relationships
Regulatory reporting and disclosure
Recovery and legal remedies
Regulatory capital and ratios
Goal setting and contracting
Working with referrers and multidisciplinary teams
Compliance and regulatory projects
Procurement and contract value
Procurement and contract management
Advocacy and policy engagement
Regulatory compliance and biosafety
Regulatory and fair-treatment obligations
The regulatory landscape and central banking
Regulatory duty and accountability
Regulatory compliance and central-bank rules

Data and Reporting

Communicating with families and carers
Reporting automation
Data security and confidentiality
Working papers and evidence
Findings, rating and reporting
Substantive and analytical procedures
Portfolio management and reporting
Financial storytelling and data visualisation
Data ethics and privacy in finance
Data gathering and financial analysis
Financial reporting standards (IFRS/GAAP)
Card and data security (PCI DSS)
Professional writing and reports
Psychoeducation and public communication
Data visualisation and financial storytelling

Analysis and Decisions

Valuation and security analysis
Cost-to-serve and value-for-money analysis
Capstone scoping: a real financial problem or decision
Recommendations and decision support
Trend, common-size and comparative analysis
Pricing, contribution and product decisions
Make-or-buy and outsourcing decisions
Backlogs, user stories and prioritisation
Escalation and decision-making
Portfolio management and prioritisation
Decision-making and problem solving
Churn analysis and prevention
Risk, compliance and feasibility analysis
Credit analysis and the 5 Cs of credit
Financial statement and cash-flow analysis

Operations and Process

Service levels and quality
Approval processes and delegation
Advisory and non-financial services
Digital financial services
Portfolio quality and risk
Process re-engineering and shared services
Process efficiency and cycle-time metrics
Quality, accuracy and error reduction
Transaction lifecycle and processing
Cheque clearing and processing
Process improvement and automation
Service analytics and dashboards
Customer service technology stack
Emerging service technologies
Growing value through service

Leadership and Management

SME portfolio management
Team leadership within finance
Managing difficult conversations
Cash and liquidity management
Omnichannel and channel management
Queue management and service flow
Front-office and reception management
Relationship management and retention
Handling escalations as a leader
Teller operations, cash handling and vault management
Operational efficiency and channel management
Servant leadership and self-organising teams
Communication planning and management
Negotiation and conflict management
Team leadership and motivation

People and Development

Appraisal of development projects
Managing resistance and upskilling teams
Managing team performance and dynamics
Cross-functional and matrix teams
Leading remote and hybrid teams
Team diversity and inclusion
High-performance team rituals and cadence
Creating a coaching culture
Delegating for development
Managing resistance and capability building
Category management and strategy development
Managing virtual and cross-cultural teams
Building high-performing project teams
Sales enablement and coaching
Team leadership in sales and marketing

Communication

Presenting financial information clearly
Professional documentation and presentation
Integrated marketing communications
Professional presentation and pitching
Media and public communication
Communicating technical information to diverse audiences
Professional report writing and presentation
Communication and interpersonal skills
Influencing and presenting insights
Professional and persuasive communication
Crisis communications
Toolbox talks and safety communication
Communicating vision and telling stories
Executive communication and presence
Cross-cultural communication

Stakeholders and Clients

Negotiation and conflict resolution
Categories of spend and stakeholders
Negotiation strategy and planning
Negotiation tactics and behaviours
Strategic customer relationships
Property viewings, offers and negotiation to close
Building trust and engagement
Managing boundaries and dual relationships
Client feedback and satisfaction
Leading groups and workshops
Stakeholder and sponsor management
Managing expectations and influence
Building project relationships
Conflict resolution and negotiation
Commercial negotiation and value capture

Markets and Customers

Transfer pricing basics
Transfer pricing documentation
Fees, pricing and interchange
Policy administration and customer service in insurance
Destination, venue and experience products
Pricing tours, events and sponsorships
Event planning timelines, run sheets and production schedules
The automotive market: segments, brands and buyers
Vehicle specifications, trims and options in customer language
Customer retention in the vehicle ownership cycle
Maintenance in production: preventive, predictive and breakdown
Customer experience and journey mapping
Competitive and market intelligence
Cross-functional collaboration with product and service
Yield, productivity and profitability metrics

Technology and Systems

Digital currencies and CBDCs
Digital tax administration
Digital finance and automation roadmaps
Innovation and fintech partnerships
Vendor management and system governance
Safety management systems overview (ISO 45001)
Collaboration and teamwork
Environmental management systems (ISO 14001)
Writing advisory reports that drive decisions
Digital permits and inspections
Automation and safety technology
Business case and strategic alignment
Digital transformation and IT strategy
Digital procurement and the future of the profession
Bancassurance and digital insurance models

Strategic Context

Collections strategy
Hedging strategies and instruments
Brand strategy, identity and equity
Pricing strategy
Digital marketing strategy
Data-driven growth
Key account management strategy
Translating insight into strategy
Scaling technologies and business models
Project governance frameworks
Managing growth, risk and resilience
Financial inclusion strategy
Strategic analysis: PESTLE, SWOT and Porter’s Five Forces
Real options and strategic investment
Sustainability strategy and materiality

Projects and Delivery

Planning and understanding the entity
Leading finance projects and change
Programme governance and assurance
Measuring programme success
Leading project teams
Marketing planning and budgeting
Campaign planning and execution
Account planning and whitespace analysis
Leading campaigns and sales projects
Implementation planning and risk management
HACCP principles and prerequisite programmes
Projects, programmes and portfolios
Project management standards (PMI, PRINCE2)
Project roles and the project manager
Project governance and assurance

Performance Measurement

Performance and SLAs
Reporting to boards and executives
Performance measurement and attribution
Finance KPIs and the finance scorecard
Interpreting financial performance
Service KPIs: CSAT, NPS, CES, SLAs
Net Promoter Score and satisfaction metrics
Banking KPIs and branch scorecards
Service quality and turnaround metrics
Sales performance and pipeline management
Social performance and outreach
Funnel, pipeline and conversion metrics
Customer and brand health metrics
Dashboards and performance reporting
Capacity and performance management

Procurement and Suppliers

Value-chain and supply-chain finance
Supply market analysis
Vendor and faculty management
Supply analysis, gaps and scenario planning
Procurement and supply chain: scope and value
The procurement cycle and operating models
Procurement’s contribution to organisational strategy
Public versus private procurement
Supply markets and the enabling environment
Fair trade and responsible supply
Procurement and asset management under donor rules
Managing organisational politics
Procurement and stock management for health commodities
Conflicts of interest and procurement ethics
Vendor selection and management

Ethics and Conduct

Ethics in tax practice
Ethics, transparency and reputation
Ethics and suitability
Professional ethics and codes (IFAC, ACCA, CIMA)
Ethics and integrity in banking
Professional ethics and banking conduct
Treating customers fairly and market conduct
Integrity, confidentiality and conflicts
Anti-corruption and financial-crime ethics
Data ethics and customer privacy
Bribery, corruption and conduct risk
Ethics in communications
Ethics, confidentiality and professional conduct in HR
Data ethics, privacy and responsible analytics
Ethics and duty of care

Frequently Asked Questions

Common Questions

What is the CIMS3 certification?

Yes. GLI certifications are recognised across 100+ countries and are aligned with IFRS, GAAP and recognised financial management and reporting standards. Graduates receive a digital certificate, a physical certificate and CPD credits recognised by employers worldwide.

Who should enrol in the CIMS3?

This certification is ideal for Finance Officers and Accountants, Budget and Cost Analysts, Finance Managers and Controllers and Auditors and Financial Analysts, and other professionals seeking to formalise their expertise in financial management, accounting, budgeting and financial analysis with a globally recognised credential.

How long does the CIMS3 certification take to complete?

The programme is structured over 10 Weeks and offers flexible learning modes. Self-paced learners can progress at their own schedule, while live virtual participants follow a structured cohort schedule with facilitator-led sessions.

Is the CIMS3 internationally recognised?

What is the cost of the CIMS3 certification?

The Certified Insurance Management Specialist is offered in two formats: Self-Paced at USD 449 and Live Virtual at USD 649. Corporate group rates are available for organisations enrolling 5 or more participants. Contact GLI for a bespoke corporate training quotation.

What does the CIMS3 certification include?

Enrolment includes all study materials and study guides, access to GLI's online learning portal, online examination, digital certificate and badge, physical certificate (posted), CPD credits, GLI alumni network membership, and ongoing facilitator support.

What is the assessment format for the CIMS3?

The Certified Insurance Management Specialist is assessed through an online examination consisting of multiple-choice questions, case study analysis, and practical application assignments. The assessment is designed to evaluate real-world competency, not just theoretical recall.

What CPD credits do I earn from the CIMS3?

The Certified Insurance Management Specialist carries Continuing Professional Development (CPD) credits, which can be applied towards professional body requirements including recognised international professional associations.

Can I study the CIMS3 while working full-time?

Absolutely. The self-paced option is designed for busy working professionals and allows you to study when and where it suits you. Live virtual sessions are typically scheduled in the evenings or on weekends to accommodate professional commitments.

What career outcomes can I expect from the CIMS3?

Graduates progress towards senior finance, controller and CFO roles. The CIMS3 strengthens your expertise in financial management, accounting, budgeting and financial analysis and positions you for advancement across corporates, banks, NGOs and public-sector organisations.

Certified Insurance Management Specialist