GBA 1–Principles of Group Benefits

  This is a required course for the GBA and CEBS designations.

This course will be revised for fall 2017. If you have already purchased study materials, you will need to complete your exam in 2017.

This course emphasizes the concepts and principles to be considered in the development, implementation and management of life, health and other group benefits provided by employers and unions. Among the topics covered are group insurance fundamentals, general design issues, mathematics of insurance, the pricing process, underwriting and funding methods, administration, communication and ethics.  

Study Materials

  • Learning Guide, 3rd edition, $185.00 
  • Text: Group Benefits Plan Management  (2015 edition), Advocis, Toronto Ontario, $84.95.  This text is also used in GBA 2.
  • Readings Updates

See Study Materials for details on how to order study materials.

Enrichment Reading - click here
   

Assignment Topics  

This course emphasizes the concepts and principles to be considered in the design, development, delivery and on-going management of life, health and other group benefits provided by employers. Among the topics covered are the basic concepts of risk and risk management, fundamental principles of group insurance, general design considerations and techniques, mathematics of insurance, underwriting and funding methods, marketing and distribution processes, plan administration, communication and ethical business behaviour.

  1. Basic Risk and Insurance Concepts
  2. Employee Benefits Plan Management
  3. Benefits Plan Design
  4. Benefits Plan Design Continued
  5. Plan Funding
  6. Plan Administration
  7. Claims Processing
  8. Mathematics of Insurance: Time Value of Money
  9. Mathematics of Insurance: Probability
  10. Underwriting
  11. Underwriting Continued
  12. Plan Marketing