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SIU Professional Designations. Panel Discussion: What acronym after my name is the right choice for me?. professional recognition s upports expert court testimony c omparatively easy designation to attain Lack of this designation may deter movement beyond line investigator
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SIU Professional Designations Panel Discussion: What acronym after my name is the right choice for me?
professional recognition • supports expert court testimony • comparatively easy designation to attain • Lack of this designation may deter movement beyond line investigator • A good professional development item Why get my CIFI?
Very specific designation, not a lot of use outside of SIU • You may not meet pre-requisite for some time • Unlikely to see any increase in pay due to this designation • Must maintain via CEUs Cons of the CIFI
CFEs earn more* • transferrable to other occupations • A more rigorous exam with higher recognition • Opens network to other fraud professionals Why get my CFE
If you are staying in insurance, may want to go with CIFI and FCLS • Heavy of financial and accounting • Harder course to prepare for and take • Must maintain via CEUs Cons of CFE
A more rigorous exam with higher recognition • professional recognition • supports expert court testimony • You will probably be able to negotiate better raise • No CEU requirement Why get my FCLS?
Very specific designation, not a lot of use outside of insurance • Harder course to prepare for and take • Study time is specific frame Cons of FCLS
CPCUsearn 29 percent more than their peer group (same functional area and time in the industry). • 91 percent of CPCU designees saw an increase in job opportunities. • 85 percent of program completers said earning the designation fast-tracked their career progression. • 74 percent believed earning the designation helped them gain a promotion. • 75 percent felt it helped them gain a salary increase. Why get my CPCU?
Again, highly specific to insurance • Not only specific to insurance, but over-qualifies line SIU • Difficult exams, many try and fail repeatedly Cons of CPCU