Associate in Premium Auditing (APA)

Curriculum For The Associate Premium Auditing Designation

Candidates must pass an examination for four of the following courses to earn the designation - three required and one elective.

Required Courses

• APA 91
  
• APA 92
  
• CPCU 520

Elective Courses - (choose 1)

• CPCU 540
  
• CPCU 552

Examination Requirements

• The exams for APA 91 and APA 92 are each a two-hour, 85 question, objective (multiple choice), computer-administered exam
  
• The exams for CPCU 520, CPCU 540 and CPCU 552 are each a three-hour, computer-administered essay exam
  
• Your results will be provided immediately upon the completion of your exam.
  
• National exams are given at local testing centers during the following two-month windows:
  • January 15 - March 15
    
  • April 15 - June 15
    
  • July 15 - September 15
    
  • October 15 - December 15
• Exam fees will apply
  
• Contact Prometric testing centers at 800-266-3232 for more info or to schedule your exam

Ethics Requirement

Those pursuing the APA designation must pass a 50-question exam in the Ethical Guidelines For Insurance Professionals online module. This module is offered by the Institutes at no charge. If you wish to earn CE credits for passing the 50-question, objective, online exam included with it, there is a nominal $5 administrative fee.

Prerequisites

A candidate is not required to meet any minimum experience or education requirement in order to pursue the APA designation.

Continuing Education Requirements

A designee is not required to fulfill any annual continuing education requirements, nor are there any annual fees for a designee to maintain the designation.

Additional Considerations

The National Society of Insurance Premium Auditors (NSIPA) confers the Certified Insurance Premium Auditor (CIPA) designation on people who hold the Associate in Premium Auditing (APA) designation and meet certain experience, education, and ethics requirements:

• Business Qualifications - candidate must have completed three years of field experience conducting regulatory field audits
  
• Education Requirement - candidate must have passed APA 91 and 92, CPCU 552 and 540 exams, plus CPCU 551 or 520
  
• Ethical Requirement - candidate must sign the NSIPA Code of Ethics and provide three professional references