NAMIC's MIP curriculum is designed to provide foundational education on core topics relevant to professionals within mutual insurance companies of all sizes. Enrollment includes access to a learning management software platform for participants to complete the required courses at their own pace. The fully on-demand program is estimated to take 10-11 hours + study time, which can vary based on each individual’s experience and comfort level with the content.

Curriculum Topics

  • Professionalism
  • Leadership Principles
  • Corporate Governance for Mutuals
  • Financial Management for Insurance Professionals
  • Basic Functions of Insurance
    • Underwriting
    • Claims
    • Loss Control
    • Sales/Agency Relations

In-Person Event Attendance

In addition to the self-study curriculum, all MIP participants must attend a NAMIC in-person event before becoming certified. Event attendance can occur before or after taking the final exam. This requirement is intended to further industry knowledge and provide networking opportunities. There are no specific courses that must be completed in person. Rather, students are expected to immerse themselves in the NAMIC event experience by participating in sessions, workshops, and roundtables with their peers.

Participants attending an in-person event for MIP credit are required to complete the Attendee Evaluation emailed to them after the event to confirm their attendance and MIP participation.

Exam

The Mutual Insurance Professional certification exam is administered online and consists of a randomized series of multiple-choice and true/false questions from the program self-study curriculum. Detailed instructions on how to access and complete the exam will be sent via email with the self-study curriculum. Students pass the exam by earning a score of at least 70 percent.

Exam Retake Policy

If an individual does not pass the exam the first time, he/she will be allowed one complimentary retake*. If a third attempt is needed, an exam retake fee will apply. After a third attempt without passing the exam, the individual is no longer eligible to take the exam for certification without re-enrolling in the program.

*Complimentary retake is not available to those who qualify for and enroll using the Exam Only option. Those participants are required to purchase and complete all required courses before attempting the exam again.