Celebrating 10 years! 2007-2017

CPCU Designation

Posted about this last year, but at the time was posting fro jd4hire03/16/17
sounds like a good idea. Bring it up to the partners in you dingbat03/16/17
I don't know if it's worth it. Will your firm pay for the c wutwutwut03/16/17
jd4hire (Mar 16, 2017 - 10:07 am)

Posted about this last year, but at the time was posting from the perspective of a staff counsel attorney for a large carrier.

I am still interested and curious what benefits, if any, obtaining my CPCU designation would bring. I work for an ~ 30 attorney firm with three office locations. Insurance defense is our bread and butter with the vast majority being medical.

My thought was that by obtaining the CPCU designation, I could join the society and start mingling with the adjusters/ claims managers in my area in an effort to obtain business. I really want to start building a book of business to further me towards partner, provide job security, and provide the means to go out on my own if necessary.

Anybody out there with experience obtaining your CPCU, or know others that have done so?

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dingbat (Mar 16, 2017 - 1:09 pm)

sounds like a good idea. Bring it up to the partners in your firm and see if they agree enough to pay for it - and to give you credit for the time it takes to obtain the designation.

I'm not entirely sure if a society for underwriters makes that much sense, though; a society for claims adjusters would seem much more appropriate.

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wutwutwut (Mar 16, 2017 - 11:11 am)

I don't know if it's worth it. Will your firm pay for the courses? If so, what's the harm? If not, you'd be 6K or so out-of-pocket, right?

Most of the CPCU's I know are either actual underwriters or agents. Do the adjusters you run into have their CPCU? And even if they did, are they good leads for business? (I would not think so, but admit I could be completely wrong here.)

Finally, will your firm pay for you to go to the ceremony when your CPCU is conferred? Drag your feet just right as to when you pass the last course, and hit the one in Hawaii or Vegas, though, not the one in Orlando. :-)

Any thoughts on going in-house? If so, just a SWAG, but I'd think it'd be a real feather in your hat.

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