Insurance clauses of the five most valuable certificates
North American actuary qualification (FSA qualification)
The occupation of actuaries is called "the golden collar in the golden collar". Because in developed countries, actuaries are not only the core elites in the commercial insurance industry, but also hold important positions in financial investment, consulting and other fields.
The so-called actuarial is to evaluate the uncertain risk factors in the future. Actuaries are the core talents in the core departments of insurance companies, and have extremely high status, power and responsibility. The work of actuaries includes developing and designing new insurance products, product management and financial management. Its position is very important, and even the general manager of some companies is an actuary. So actuaries represent wealth, power and professionalism.
There are four actuarial examination systems in China: Chinese actuaries, Japanese actuaries, British actuaries and North American actuaries. Among them, Chinese actuaries are the only actuaries recognized by the state who are qualified to sign actuarial reports of life insurance companies in China. North American Actuary Qualification (FSA) is the most authoritative actuary certification system.
The road from ordinary actuaries to actuaries is long and arduous. In the United States, it takes an average of 5-7 years to pass the actuarial qualification examination. There was no actuary trained by ourselves before 1998 in China. 1998, AIA Shanghai Company gave birth to the first Chinese actuary. By 2002, there were 10 actuaries and nearly 50 quasi-actuaries in China.
The chief actuary qualification examination is divided into two parts: quasi-actuary examination and actuary examination. According to reports, the North American Actuarial Association currently has nine qualification examination subjects, and the examination time ranges from 3 to 4 hours to 6 hours. The minimum examination subjects for taking the qualification examination also need $65,438+000, totaling about $3,000.
An exam lasts six hours, which sounds cruel, but the exam is only part of the qualification. Candidates must also attend enough training organized by associations and write a report. Among them, professional ethics training is a very strict and important part.
Obtaining the qualification of actuaries requires long-term unremitting efforts. Once they obtain the qualification of actuaries, they are often appointed to important positions. The reporter learned from the insurance industry that the annual salary of local actuaries in China is generally between 200,000 yuan and 400,000 yuan, and the overseas actuaries or overseas actuaries are generally worth more than one million yuan, or even higher. In Hong Kong, the annual salary of actuaries is at least $654.38 million.
The first FSA trained by China insurance industry is Zhou Weidong of China Ping An Insurance Company. After six years' efforts, in 2002, it obtained the formal membership of the Actuarial Association of North America and became the 10 FSA in China.
Due to the shortage of actuaries, the chief actuaries and deputy actuaries of major life insurance companies are mostly international actuaries who have returned from overseas. According to experts' prediction, China needs 5,000 actuaries urgently in the next decade.
Financial articles with five most valuable certificates.
Chartered financial analyst qualification (CFA qualification)
Chartered Financial Analysts (CFA) are all financial talents with good education and professional training and excellent financial theory literacy. Commercial banks, insurance companies, securities companies, fund management companies, asset management companies and other financial institutions are eager for talents with this certification. This kind of financial talent is very popular in the financial field.
It is understood that CFA is a chartered financial analyst qualification examination established by American Investment Management and Research Association (AIMR) on 1963. This kind of examination is held once a year, and it is one of the biggest vocational examinations in the world. The financial analyst qualification examination is called "the first examination of global finance". It is understood that chartered financial analyst is a professional title generally recognized by the securities investment and management circles in the world today. In developed countries and regions such as Europe and America, obtaining CFA qualification is almost a necessary condition for entering the investment field. Due to the extremely high quality requirements, in the past 40 years, less than 40,000 people around the world have passed the examination to become financial analysts. At present, less than 65,438+00 people in Chinese mainland have CFA qualifications.
To become a CFA, you must pass the global unified examination proposed and organized by the American Investment Management and Research Association. There are three grades: beginning, middle and high. Each person can only apply for one grade each year. The exam focuses on ability, including case analysis, papers and applications. For China candidates, the examination scope covering more than ten subject areas is prohibitive; In addition, papers and applied examination questions based on practical work experience will shut out a considerable number of candidates with China characteristics. Only those who have passed all the three-level examinations and have 3 years of financial experience can finally obtain the qualification certificate.
A candidate who works in a bank told reporters that the investment in CFA exam is very large, and the registration fee will range from 400 to 900 dollars. Plus the original teaching materials and training fees, the average cost is 20,000 to 30,000 yuan. But the return is also extremely high, and those who have obtained CFA qualification are obviously superior to their peers in income. At present, the average annual salary of global chartered financial analysts is $6.5438+$0.78 million. The annual income of American chartered financial analysts is $654.38 +0.9 million, which is nearly 50% higher than that of Harvard MBA. In Hongkong, China, the average annual income of CFA also reached $6,543,800+0,360.
At present, there is a shortage of senior financial talents in China, and there is a huge gap between supply and demand of financial analysts. Take Shanghai as an example. In the next two years, the demand for CFA in Shanghai is 3,000, while there are only 30 CFA in Shanghai at present. 200 1, of the 409 candidates in Shanghai, only two obtained qualification certificates. Once it becomes CFA, it will become hot, contested by many financial institutions, and its annual salary is also very high. It is under the stimulation of this high salary that the registration fever of domestic chartered financial analysts is heating up, and the number of applicants is increasing year by year.
Financial articles with five most valuable certificates.
Certified financial planner qualification (CFP qualification)
CFP (International Financial Planner) is the most authoritative personal financial professional qualification certificate in the field of global financial services. Financial planners who manage customers' money mainly pay attention to customers' needs and goals according to their asset status and risk preference, take "helping customers" as the core concept, adopt a set of standardized models, provide comprehensive financial advice covering all aspects of customers' lives, and find the most suitable financial management methods, including insurance, savings, stocks, bonds and funds, so as to ensure the preservation and appreciation of customers' assets.
The assessment content of CFP qualification covers 106 subjects. Candidate CFP needs to pass the tests of education, examination, experience and professional ethics before it can become a real CFP. Obtaining this qualification will be widely recognized and respected in the financial planning industry.
To a certain extent, the number of CFP in a country or region represents the developed degree of the financial planning industry in that country. Worldwide, the United States and Canada have the largest number of people with CFP qualifications, accounting for 60% and 20% of the total population of CFP respectively. The annual income of foreign CFP is above $654.38 million.
Mainland China is not a member of the American Association of Financial Planners at present, so CFP examination and registration procedures cannot be held; CFP is actually not available in mainland China. However, Ping An Insurance Company introduced foreign ideas about financial planning last year and launched 50 personal financial planners in Beijing. Although these financial planners are far from CFP standards, once they appear, they will highlight broad market prospects.
A survey of a financial website shows that 78% of the respondents are willing to accept financial advice from expert consultants, 25% are willing to entrust financial management, and more than 50% are willing to pay consulting fees. It can be seen that with the improvement of people's income and investment awareness, people's demand for financial planning is growing, and financial planners will also make great achievements.
All that glitters is not gold.
The "five most valuable certificates" mentioned above are all solid international standards, and the employment prospects are absolutely unlimited. But at present, there are many kinds of qualifications in China, all of which are internationally certified brands. However, after candidates spent a lot of registration fees and training fees, the certificate was not recognized by the employer and the salary did not increase. There are many reasons, but one thing must be clear. Certificates are important, but in the eyes of current bosses, the ability of employees is the foundation of everything. Otherwise, no amount of certificates can find the ideal job.
Mr Wen, who is engaged in project management, is such a candidate. Last year, he saw an advertisement for the qualification examination of project management talents. It said that PMP, the qualification examination for project management professionals, was initiated by the American Institute of Project Management, which strictly evaluates whether the knowledge and skills of project managers have a high-quality qualification examination. It is also mentioned that the project management profession has become a "golden profession" in the United States. The average annual salary of people with PMP education in the United States is $ 5.5- 1.25 million. So far, only more than 30,000 people in the world have won the PMP award.
At that time, the registration fee of PMP was 3,900 yuan, and the training fee and information fee were about 6,543,800 yuan. Mr. Wen thought it was an international certificate, but he paid the money happily. To his delight, the content of the exam was not difficult. At the request of project management institute, the Bureau of Foreign Experts Affairs, which organized the examination, translated the examination questions into Chinese and used Chinese and English in the examination. Moreover, the question types of 200 standardized questions also reassured him that he was good at doing multiple-choice questions. It took him only three months to prepare and successfully passed the exam.
But then he was unhappy: at that time, 300 people in China passed the qualification certification of PMP at once, and this year it has rapidly increased to 600 people. This growth rate makes Mr. Wen feel very depressed. He thinks that PMP is likely to depreciate rapidly in a short time, because everyone is scrambling to follow up. This is a standardized test. That's often the case. It's too easy to be worthless. Just like the almost stinking Microsoft certification now.
At the same time, the certificate did not raise Mr. Wen's salary. Because the quality of project management is a hidden interest for enterprises and cannot be directly reflected in the statements, it is normal that there is no obvious salary change.
The greatest charm of foreign certificates lies in their authority and universality, and some foreign certificates are "red schools" for studying and working abroad. In China, foreign managers of foreign-funded enterprises know little about some domestic examinations and certifications, and often use foreign certificates to identify talents' abilities and professional qualifications, which increases the gold content of foreign certificates. Some foreign certification bodies are playing "employment cards" to attract students. However, people concerned reminded that there are also many foreign certification bodies that aim to "circle money". If some exaggerate at will and say it is "internationally recognized", it is actually only recognized by the country or region where the institution is located; Some say that their exams are "degree exams" and "diploma exams", but they are actually only professional certificates; Some training is decoupled from employment guidance, and students hold "foreign certificates" in their hands, but they don't know what is the use. Therefore, in addition to paying attention to Mr. Wen's experience, when choosing the research project, everyone should also carefully examine the authority and legitimacy of the examination organizer, so as not to fall into the money-circling scam like "WBSA enterprise planner qualification certification" at the beginning of this year.