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AAii Level 2 (previously known as AMII Level 2) is an intermediate insurance qualification programme that is available in two routes: life or general insurance. It builds upon the foundational knowledge acquired in Level 1 and covers more specialized and complex topics such as insurance law, insurance business and economics, insurance marketing, insurance claims management, insurance underwriting management and life assurance.
Upon completion of AAii Level 2, individuals will be accorded the Senior Associate designation and digital badge.
Recommend For
- Individuals pursuing specialization
- Insurance professionals seeking professional qualifications in Insurance studies
Enrolment Requirements
- Associateship of Malaysian Insurance Institute (AMII) Level 1 or
- Associateship of Asian Institute of Insurance (AAii) Level 1
Learning Format
- Instructor-Led Online Class
- Self-Paced Learning with textbooks
Programme Modules
The AAii Level 1 is designed to equip students with technical knowledge and practical skills at an operational level, as well as to train those who are looking to build a career in technical, supervisory and managerial roles.
Please read the attached Important Dates & Exam schedule for both AAii Levels 1 & 2:
Compulsory Subjects:
- 401 Insurance Law
- 402 Insurance Business and Economics
Elective Modules (Choose only 6 Modules):
- 403 Insurance Marketing
- 404 Insurance Claims Management
- 405 Insurance Underwriting Management
- 406 Insurance Risk Management
- 407 Life Assurance
- 408 Life and Disability Insurance Underwriting
- 409 Medical & Health Insurance
- 410 Reinsurance
- 411 Takaful
- 412 Life Insurance Companies Accounting and Financial Reporting
- 413 Administration of The Life Policy Lifecycle
Programme Structure
Course level : Professional program
Course Duration : 56 hours
Exemption for AMII : 32 Credits
Assessment Structure : Coursework (40%) & Examination (60%)
Exam Format : Essay
Exam Duration : 3 hours
Passing Mark : Minimum 55%
Dates
Please click here to view the class schedule and exam dates: guidebook.mii.org.my
Fees
Instructor-Led Online Class
Course Fee
Textbooks
2,120.00 MYR (inclusive of SST)
Self-Paced Learning
Course Fee
Textbooks
868.00 MYR (inclusive of SST)
Student Registration Fee: 100.00 MYR *includes MII Membership (only applicable to individual enrolment)
For resit students
- AAii Level 2 per subject (without text materials. Exam only) = RM250
- AAii Level 2 per subject (with text materials & re do coursework) = RM500
Scholarships are available for this programme through the MNRB Scholarship Programme. Please refer to the Scholarships page for further information.
Exemptions
MII Recognition of Prior Learning (RPL):
The Asian Institute of Insurance allows application of exemption for AAii Level 1 as follows:
- Students with a recognised qualification in the relevant field will be given credit exemptions based on past results and portfolio review (where applicable).
- Please note that MII only processes exemption requests of students registered for AMII Level 1, AMII Level 2, AAii Level 1 & AAii Level 2.
- You are responsible to verify your learning and to submit the required information verifying your learning.
- Your non-MII or non-Aii examination or qualification must match the learning outcomes of a current AAii Level 1 subject syllabus.
- The assessment method of the non-MII or Non-Aii examination or qualification must be of a similar standard and scope to the MII examination unit / subject.
- Aii accepts applications only for fully completed and awarded qualifications. If you have partially completed qualifications, you will not be eligible for exemptions. However, if you who have passed some ‘relevant’ CII examination units/subjects, you can be considered for credit transfer. Refer MII-CII RPL below.
- Any other qualifications will be considered on a case-to-case basis.
- Aii’s Academic Committee reserves the right to accept or reject any application.
Forms and Guidelines
MII-CII Recognition of Prior Learning (RPL):
The Chartered Insurance Institute (CII) UK has extended their Recognition of Prior Learning (RPL) for applications dated between 1 January 2021 – 31 December 2023 in the CII Insurance qualification framework for The Malaysian Insurance Institute (MII) professional qualification programmes.
For AMII Level 1 holders,
- Please refer to CII’s website for details on credit transfer fee.
- The award of credits in the CII’s qualification framework is a privilege and not a right, and awards can change over time as qualification frameworks evolve.
- Click here for more information on MII-CII RPL accreditation and credit transfer.
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