CIP membership The passport to a successful career in insurance The Institute’s CIP (Certified Insurance Professional) program sets the standard of professionalism for the insurance and financial services industry. CIPs are insurance professionals who distinguish themselves through an Institute qualification or recognised equivalent, maintain up-to-date technical skills and knowledge through a program of professional development and abide by the ANZIIF Code of Ethics, ensuring best standards of professional practice and integrity. Being a CIP is vital to your financial services career. CIP is very often a requirement for employment and career progression in many insurance companies as it demonstrates a high level of specialisation and expertise attained through completion of the Institute’s internationally recognised education programs. CIP status also provides an invaluable tool for Australian financial services professionals to demonstrate that they are maintaining compliance with ASIC RG 146 and for professionals in Hong Kong and Singapore to demonstrate that they are meeting their continuing professional development requirements in their country. The Institute actively promotes CIP throughout the financial services industry and broader community as the symbol of insurance professionalism. Membership benefits As a CIP you will receive a range of benefits to assist you in your career, to promote your professionalism and support you in your professional development. These include: - Internationally recognised post-nominals to indicate the level of industry qualification you have achieved:
Membership Level | Post Nominals | Fellow | ANZIIF Fellow CIP | Senior Associate | ANZIIF (Snr Assoc) CIP | Associate | ANZIIF (Assoc) CIP | Affiliate | ANZIIF (Aff) CIP |
- A new Membership Certificate and Membership Card to proudly display your qualified membership level and CIP status
- Access to “My Institute”, the Institute’s website portal which includes a personal professional development tracking and reporting tool and notifications on important events and news relevant to your career
- Access to the Institute Journal which focuses on current issues in the insurance and financial services markets
- Exclusive and/or discounted access to a comprehensive range of professional development programs including a significant discount on all branch events and ANZIIF InSITE PD online learning activities
- Selected complimentary online learning activities and education resources
- Exclusive access to graduate and post graduate university programs
- Exclusive and/or discounted access to specialist discussion groups and networking and social activities
- Eligibility for scholarships established by the Institute in partnership with leading industry organisations.
Membership Levels CIP membership levels There are several levels of CIP membership, which reflect the different levels of qualifications and experience of Institute members. CIPs enjoy all the benefits of membership and the support of an international community of over 10,000 like-minded professionals. The following table explains the levels of CIP membership and the eligibility requirements for each. CIP Membership Levels | CIP Level | Eligibility | Post Nominal | Election Fee | Membership Fees |
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| Australia | New Zealand | | Int. | Fellow | Fellowship is the most prestigious level of membership, representing insurance professionals who have completed post-graduate qualifications in financial services and have strong technical knowledge of, and experience in, the industry. | ANZIIF (Fellow) CIP | A$130 NZ$145
| A$285 | NZ$255 | | A$195 | Senior Associate | Senior Associate membership represents financial services professionals who have completed a specific insurance/finance qualification equivalent to the ANZIIF Diploma level. | ANZIIF (Snr Assoc) CIP | A$130 NZ$145
| A$235 | NZ$220 | | A$175 | Associate | Associate Membership represents financial services professionals who have completed a specific insurance/finance qualification equivalent to the ANZIIF Certificate IV level. | ANZIIF (Assoc) CIP | A$130 NZ$145
| A$210 | NZ$190 | | A$155 | Affiliate | Affiliate members have undertaken the Institute’s Affiliate Program in General/Life Insurance, prior to the implementation of the new AQF courses. Please note: This membership level is no longer offered. | ANZIIF (Aff) CIP | A$130 NZ$145 | A$170 | NZ$160 | | A$120 |
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