What are the disadvantages of training to become an insurance specialist with a Federal Diploma of Higher Education?

Graduates of the Federal Diploma of Higher Education in Insurance are able to design workflows and insurance processes in companies. They perform demanding advisory tasks. They work in claims and benefits processing, in underwriting including product management, in sales and support or in brokerage.

The main disadvantages of training to become an insurance specialist with a Federal Diploma of Higher Education are:

1. As training to become an insurance specialist with a Federal Diploma of Higher Education usually takes place over four semesters alongside work, it requires good time management alongside your job.
2. Anyone who wants to work in the insurance industry needs not only specialist knowledge and reliability, but also a careful approach to work, an understanding of figures and communication skills. Not all of these skills can be acquired as part of the training to become an insurance specialist with a Federal Diploma of Higher Education.
3. The Federal PET Diploma is not recognized abroad. Anyone wishing to work abroad must therefore request official proof of this professional qualification from the State Secretariat for Education, Research, and Innovation SERI in order to prove their eligibility.
4. The examination pressure for the annual federal final examinations is high, but is taken into account when training to become an insurance specialist with a Federal Diploma of Higher Education. However, there are preliminary mock examinations and learning checks.
5. Depending on the assignment, the job can involve a lot of work and irregular working hours. In addition to a lot of pressure, the salary can fluctuate greatly due to commissions. Appropriate flexibility in terms of working hours and earnings is therefore required.

There are good job opportunities for insurance specialists with a Federal Diploma of Higher Education in middle management in the following areas: Risk consulting, claims processing, underwriting, sales support for general agencies, field service, pension and financial consulting, management consulting and analysis of company portfolios. In addition to the insurance industry, they can also find employment in public administration or with various associations and organizations.

Provider of training as an insurance specialist with Federal Diploma of Higher Education