What is Continuing Professional Development (CPD)?
Continuing Professional Development (CPD) is the ongoing process of developing, maintaining and documenting your professional skills. In ALUCA’s case, CPD ensures a member’s skills and knowledge are kept up to date with changing regulatory, legislative and community expectations.
The ALUCA CPD program
ALUCA’s refreshed CPD program has five core competency areas, linked to ALUCA’s Life Insurance Competency Framework. It has been designed to help members identify competency gaps, and to demonstrate compliance with these competencies (thus helping to satisfy regulatory requirements).
ALUCA’s accreditation scheme – Certified Professional Life Insurance (CPLI) – works in tandem with the ALUCA CPD program. It is a mandatory requirement that all ALUCA accredited members meet the minimum required CPD hours against each of these areas annually to keep their skills up to date. This ensures all accredited CPLI members maintain current, relevant professional skills and knowledge.
All ALUCA accredited CPLI members must achieve a minimum of 40 CPD points annually from 2020. If CPLI membership is achieved part way through a calendar year, a proportionate requirement will apply.
How should members use the ALUCA CPD program?
Members should refer to the ALUCA CPD program, note the minimum requirements required to maintain their ALUCA CPLI, and agree upon their CPD goals in conjunction with their employer. Employers will be able to decide or advise what is relevant for an employee’s role and personal circumstances.
We encourage all members to develop their own training plans and adopt ALUCA’s CPD program to keep their skills and knowledge updated.
Members can also access the ALUCA Life Insurance Competency Framework for guidance, which is related to ALUCA’s professional accreditation levels. This framework articulates the minimum level of competencies required to perform professionally in life insurance Underwriting, Claims and Rehabilitation roles.