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National College Credit Recommendation Service
LOMA | Evaluated Learning Experience
Annuity Systems and Administration (AAPA 303)
Independent study and proficiency examination program administered from the central offices of LOMA.
July 2001 - December 2015.
Instructional delivery format:
Upon successful completion of the course, students will be able to: explain the tasks involved in annuity administration; describe the company and environmental factors that determine the nature of annuity administration; and explain the role of information technology in facilitating and improving annuity administration.
Major topics include: new business procedures; in-force administration; disbursements, including surrenders, withdrawals, death benefits, loans, and free-look cancellations; customer contact center; payout administration; information technology for annuity administration; electronic commerce.
In the upper division baccalaureate degree category, 1 semester hour as an elective in Insurance or Business Administration (6/02) (1/08 revalidation). NOTE: When a student completes more than one course with an AAPA course number and the credit recommendations for these courses total 3 semester hours, the combined credit recommendation is equivalent to a semester-length course in Annuities. Further, when a student completes more than one course with an AAPA course number and the credit recommendations for these courses total 6 semester hours, the combined credit recommendation is equivalent to two semester-length courses in Annuities.