Fundamentals in Group Benefits

Learn the relationships among the parties of a group insurance contract. Differentiate between the plan sponsor's and insurer's roles and responsibilities regarding the management of a group benefits plan, including plan design, funding, pricing, claims and premium administration, participant communication and the renewal rating process.

Benefits of Earning Your Certificate

After successfully earning your Fundamentals in Group Benefits certificate you will be able to:

• Speak to a range of common benefits provided under group benefits plans
• Understand the relationships between the plan sponsor, insurer, plan advisors and plan members
• Describe group benefit plan design and administration from the plan sponsor perspective
• Describe the methods of funding the plan and how group insurance is priced
• Explain the role of the insurer in the group benefits plan life cycle.

Who Should Enroll

This certificate is well-suited for anyone who administers, manages or sells group benefits. It explores group benefits from a variety of perspectives, allowing the student to understand the process as a whole and to use that knowledge in the role he or she plays.

Following the successful completion of an online certificate in employee benefits fundamentals, students will be able to apply their knowledge in the field and gain valuable experience. Students will also be well-prepared to further apply their learning by attending face-to-face International Foundation programs and earning their Certified Employee Benefit Specialist (CEBS) designation.