What is the Certified Risk and Insurance Specialist?

The Certified Risk and Insurance 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 12 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 Risk and Insurance Specialist in Malawi

Executive Summary

Certified Risk and Insurance Specialist

Designed for today’s high-impact professionals, the Certified Risk and Insurance Specialist (CRIS) delivers a rigorous Advanced-level curriculum that equips participants with the knowledge, tools and frameworks needed to excel in financial management, accounting, budgeting and financial analysis.

This 12 Weeks programme is structured around IFRS, GAAP and recognised financial management and reporting standards, ensuring every graduate applies internationally validated methods to real-world challenges.

GLI’s CRIS holders are recognised by leading organisations across Africa, the Gulf, Europe and the Americas as qualified, results-driven professionals. Whether you are advancing your current career or transitioning into new responsibilities, this certification provides the competitive edge you need in 2026 and beyond.

Programme Overview

Certification at a Glance

Certification

Certified Risk and Insurance Specialist

Acronym

CRIS

Who Should Enrol?

Finance Officers and Accountants
Budget and Cost Analysts
Finance Managers and Controllers
Auditors and Financial Analysts

Programme Inclusions

Everything Included in Your Enrolment

All study materials and study guide
Access to GLI online learning portal
Online examination and assessment
Digital certificate and digital badge
Physical certificate (shipped to you)
CPD credits for professional bodies
GLI alumni network membership
Facilitator and tutor support
Resource downloads and reference library
Automatic enrolment confirmation

Certification Benefits

Why This Certification Matters for Your Career

Career Advancement

Accelerate your career towards senior finance, controller and CFO roles

Professional Recognition

Credential aligned with IFRS, GAAP and recognised financial management and reporting standards

Leadership Capability

Develop the strategic and operational skills to lead complex financial management functions

Organisational Impact

Design and implement financial management systems that drive performance and measurable results

Compliance Readiness

Master the standards, compliance and ethical governance central to financial management

Global Employability

Qualify for financial management roles across corporates, banks, NGOs and public-sector organisations worldwide

Competency Framework

Core Competencies You Will Develop

✦Financial Accounting, Reporting and Analysis

✦Budgeting, Planning and Cost Control

✦Corporate Finance, Investment and Valuation

✦Treasury, Working Capital and Cash Management

✦Financial Controls, Audit and Governance

✦Professional Ethics and Governance

Course Curriculum

Programme Modules

The full programme, module by module.

1

Foundations and Strategic Context of Certified Risk and Insurance Specialist

Certified Risk and Insurance 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

2

Financial Crime Prevention

AML, KYC and financial crime prevention · Internal control and the fraud triangle · Financial regulation and prudential supervision · Finance KPIs and the finance scorecard

3

Risk-Based Due Diligence

AML, KYC and financial crime prevention · Credit assessment and the five Cs · Financial inclusion and serving underbanked markets · Regulatory reporting and disclosure

4

Internal Control and Fraud

Internal control and the fraud triangle · Audit evidence, sampling and professional scepticism · AML, KYC and financial crime prevention · Analytical techniques and bias

5

Prudential Supervision

Financial regulation and prudential supervision · Expected credit loss and portfolio quality · Treasury, liquidity and currency exposure · Data visualisation for finance

6

Credit Risk and Provisioning

Expected credit loss and portfolio quality · Credit assessment and the five Cs · Reading financial statements as a manager · Peer support and consultation

7

Evidence, Audit and Reporting

Audit evidence, sampling and professional scepticism · Reading financial statements as a manager · Internal control and the fraud triangle · Governance of controls and reporting

8

Analysis and Decisions

Make-or-buy and outsourcing decisions · Investment and disinvestment decisions · Applying reporting standards and accounting judgement · Client feedback and satisfaction

9

Operations and Process

Process re-engineering and shared services · Reporting quality and earnings management risks · Transaction lifecycle and processing · Lessons learned and development

10

Leadership and Management

SME portfolio management · Driving effective, ethical outcomes · Team leadership within finance · Change management in finance

11

People and Development

Development banking principles · Appraisal of development projects · Managing resistance and upskilling teams · The learning and development profession

12

Communication

Investor relations and market communication · Presenting financial information clearly · Communications strategy and planning · Internal communications

13

Stakeholders and Clients

Negotiation with banks, investors and suppliers · Managing audit and regulator relationships · Stakeholder mapping for the finance function · Business partnering and influencing

14

Markets and Customers

Designing an intervention or programme · Loan structuring and pricing · Market risk and VaR · Fees, pricing and interchange

15

Technology and Systems

Ethical, risk and feasibility considerations · Professional case study and presentation · Reporting automation · Treasury technology and systems

16

Strategic Context

Evidence-based practice · Collections strategy · Investment strategy and allocation · Hedging strategies and instruments

17

Projects and Delivery

Crisis, resilience and contingency planning · Leading finance projects and change · Forecasting and planning (FP&A) · Tax planning vs avoidance vs evasion

18

Performance Measurement

Goal setting and contracting · Treatment planning and review · KPIs and performance reporting · Performance measurement and attribution

19

Procurement and Suppliers

Managing complexity and comorbidity · Value-chain and supply-chain finance · Supply markets and the enabling environment · Digital procurement and the future of the profession

20

Ethics and Conduct

Roles, conduct and professional standards in banking · Ethics and suitability · Professional ethics and codes (IFAC, ACCA, CIMA) · Ethics in tax practice

21

People Administration

Employee experience and engagement · Customer and employee satisfaction · Employee engagement models and drivers · The employee lifecycle and HR value chain

22

International and Currency

International and cross-border tax · Agribusiness marketing, branding and export readiness · Credit risk measurement · Credit risk governance

23

Change

Measuring transformation impact · Communication strategy in change programmes · Measuring coaching outcomes · Strengths, flow and engagement

24

Sustainability and ESG

Sustainability of microfinance · Market analysis and environmental scanning · Sustainability and responsible marketing · Carbon markets and climate finance

25

Learning and Research

Instructional design and blended learning · Knowledge management and capability building · Learning transfer and capability building · Monitoring, evaluation and learning for accountability

26

Financial Practice

Infrastructure and PPP finance · Sector-focused SME finance · Microfinance models and methodologies · Financial risk: credit, market, liquidity, operational

27

Banking and Financial Services

Regulatory capital for credit · Credit and counterparty risk · Payment regulation and oversight · Types of banks and financial institutions

28

Risk and Control

Regulatory compliance in operations · Fraud risk, prevention and detection · Regulatory and compliance requirements · Compliance monitoring and testing

29

Legal and Regulatory

Recovery and legal remedies · Regulatory capital and ratios · Compliance and regulatory projects · Procurement and contract management

30

Data and Reporting

Ethics of technology in practice · Emerging tools and innovation · Working with referrers and multidisciplinary teams · Communicating with families and carers

Every module opens in the learning portal with its full lesson set, worked examples, further reading and video masterclasses. 30 modules · 150 lessons.

Learning Outcomes

What You Will Achieve

Financial Crime Prevention — applied to your own work
Risk-Based Due Diligence — applied to your own work
Internal Control and Fraud — applied to your own work
Prudential Supervision — applied to your own work
Credit Risk and Provisioning — applied to your own work
Evidence, Audit and Reporting — applied to your own work

Enrolment Process

How to Get Certified

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Step 1: Choose Your Certification

You are viewing Certified Risk and Insurance Specialist — one of GLI's 1,990+ globally recognised professional certifications.

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Step 2: Enrol & Pay Online — Instantly

Click Enrol & Study Online to register and pay securely via Paystack, Visa, Mastercard, M-Pesa or bank transfer. Access is granted the moment payment is confirmed.

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Step 3: Study in the GLI Learning Portal

Work through 30 structured modules and 150 lessons at your own pace, with downloadable resources and expert-designed content — all inside the LMS.

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Step 4: Pass, Get Certified & Verified

Sit your final examination online, earn your certificate instantly, and receive a globally verifiable Certificate ID — plus GLI Alumni Network access.

🎓 Enrol & Study Online — Instant Access

Secure checkout · Instant LMS access · Globally verifiable certificate

Frequently Asked Questions

Common Questions

What is the CRIS 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 CRIS?

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 CRIS certification take to complete?

The programme is structured over 12 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 CRIS internationally recognised?

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.

What is the cost of the CRIS certification?

The Certified Risk and Insurance 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 CRIS 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 CRIS?

The Certified Risk and Insurance 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 CRIS?

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

Can I study the CRIS 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 CRIS?

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

Graduate Voices

What Our Alumni Say

“

The curriculum was directly applicable to my daily work. I immediately applied what I learned and saw results within weeks of completing the programme.

Finance Director

Private Sector

“

GLI's certification is the most practical professional programme I have attended. The international frameworks gave me credibility with my employer and clients.

Financial Controller

NGO Sector

“

I earned my CRIS while working full-time. The self-paced format made it possible, and the quality of the content is genuinely world-class.

Senior Accountant

Government

Certified Risk and Insurance Specialist

Certified Risk and Insurance Specialist

Certification at a Glance

Who Should Enrol?

Everything Included in Your Enrolment

Why This Certification Matters for Your Career

Core Competencies You Will Develop

Programme Modules

What You Will Achieve

How to Get Certified

Common Questions

What Our Alumni Say

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