Insurance Broker Course in St. John’s

Program Details
Program Length: 38 Weeks.

Program Overview

A licensed property and casualty insurance broker deals with home, automobile and business insurance. An insurance broker works for the client and not the insurance company. They offer you a choice among insurance products and will help you find the right coverage for you, your home or your business.**

At Eastern Academy, we offer top-notch insurance broker courses in St. John’s for aspirants who want to begin practicing as an insurance broker in Newfoundland and Labrador.

To practice as a property and casualty insurance broker, graduates must apply for and be granted a Level 1 license once employed with a brokerage firm.

The Insurance Broker program we offer at Eastern Academy will prepare graduates to become eligible to apply for their Level 1 license to become Property and Casualty (P&C) insurance brokers in the province of Newfoundland and Labrador. If you are interested in enrolling in a course at Eastern Academy, then get in touch with us today!

Source**: Insurance Brokers Association of Newfoundland and Labrador (IBAN).

Our Program Courses

Ever since our inception three decades ago, we at Eastern Academy have always strived to train graduates from across the Canadian region to achieve excellent career success. Our institution has enjoyed exceptional growth and transformation. Over the years, we have kept expanding the scope of our programs to a large variety that includes healthcare, information technology and business. All these programs offer various courses streamlined to cater to individual aspirations.

Here are the insurance broker courses in St. John’s that we offer as a part of our business program:

CAIB 1 Module 340 hours
Exam Preparation – Certification Exam 40
Student Success Strategies 20
Software Lab: Computer Fundamentals 40
Software Lab: Word Processing 40
Software Lab: Spreadsheets 40
Software Lab: Database Management 40
Business Law 80
Business Math 40
Writing for Comprehension 40
Career Planning and Preparation Level I 20
Career Planning and Preparation Level II 20
Total Hours: 760

CAREER OPPORTUNITIES

Today, more than ever, people are concerned about their financial safety and well-being. As an insurance broker you can help them achieve this financial security. Get yourself enrolled in a course that gives you the desired skill set and knowledge to do what it takes. This is primarily why the insurance broker courses at Eastern Academy in St. John’s are the most sought-after. Insurance Brokers are employed by Insurance Brokerage firms or may work in partnerships or hold sole proprietorship.

Potential Employers throughout Newfoundland and Labrador

Source: IBAN https://www.iban.ca/brokersmap.html

Labour Market Outlook 2025

The industries that are expected to experience the most prominent employment increases over the forecast period include:

Finance, insurance, real estate and leasing; http://www.gov.nl.ca

Employment Considerations

1. Graduates may be required to get a Certificate of Conduct for licensing.

2. At the time of application through Service NL for licensing, if you have been convicted of a criminal offence within the last five years or have any outstanding charges, you may be denied a license.

GRADUATION REQUIREMENTS

A student must obtain at least a 65% in the CAIB 1 module, including the Exam Preparation module.

Candidates must obtain an overall 70% grade in all other modules to graduate and receive a diploma.

A student must complete all requirements of the Student Success Strategies and Career Planning and Preparation modules.

INSURANCE BROKER CERTIFICATIONS

This program includes the potential for students to obtain their Canadian Accredited Insurance Broker (CAIB) Level 1 certification, which is required for licensing in the province of Newfoundland and Labrador.

ENDORSEMENTS

The Insurance Brokers Association of Newfoundland and Labrador (IBAN) is pleased to partner with Eastern Academy to offer the CAIB 1 module in Eastern Academy’s Insurance Broker Program.

Successful completion of the CAIB 1 module will enable graduates to become licensed brokers (Level 1) when hired by a brokerage firm. Through IBAN, graduates of the CAIB 1 module can then complete CAIB modules 2-4 to obtain the CAIB designation.

The CAIB designation is a Canadian Accredited Insurance Broker program recognized nationally and enhances employment opportunities throughout Canada.

In accordance with the hiring practices of several brokerage firms, IBAN recognizes the completion of Eastern Academy’s Insurance Broker program as an asset for employment opportunities within the industry.

“We need to attract and develop a new generation of brokers to replace those that are retiring” – IBAN.

PROGRAM ADMISSION REQUIREMENTS

Applicants must have specific academic qualifications and certifications to be eligible to enroll in our program. You can have a look at some of them below.

High School Graduates or Equivalent

High School graduates are eligible for admission to the Insurance Broker program. Students must complete an application form and provide a copy of High School, Adult Basic Education, or G. E. D. results

Certificate of Conduct

Students must acquire a Certificate of Conduct for admission into the Insurance Broker program.

NOC Code: 6231

Salary information may be found on: https://www.jobbank.gc.ca/home

Get in touch with us if you have questions about training programs, admissions and student referral programs.

Apply today for our Insurance Broker courses in St. John’s.

Insurance Broker Program Video

Get inspired to enroll in our insurance broker course by viewing the video below. We are excited to welcome new candidates and enable them to pursue fruitful careers as well-qualified insurance brokers in St. John’s.