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IIA IIA-CFSA-INS valid exam - in .pdf Free Demo

  • Exam Code: IIA-CFSA-INS
  • Exam Name: Certified Financial Services Auditor - Insurance
  • Last Updated: Sep 08, 2026
  • Q & A: 0 Questions and Answers
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  • Exam Code: IIA-CFSA-INS
  • Exam Name: Certified Financial Services Auditor - Insurance
  • Last Updated: Sep 08, 2026
  • Q & A: 0 Questions and Answers
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The Certified Financial Services Auditor - Insurance certification program is ideal for professionals working in the insurance industry who want to demonstrate their expertise in financial services audit. It is also suitable for internal auditors who want to specialize in the insurance industry. Candidates who successfully complete the certification program will be awarded the IIA-CFSA-INS certification, which will signify their knowledge and skills in this specialized area.

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IIA-CFSA-INS certification exam is open to individuals who have a minimum of two years of experience working in the insurance industry. Candidates must also have a bachelor's degree or higher in a related field, such as accounting, finance, or business administration. In addition, candidates must be a member of the IIA and must have completed the required training and education courses.

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IIA IIA-CFSA-INS Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Insurance Discipline20%- Insurance Regulatory Environment
  • 1. Insurance laws and regulations
  • 2. Capital adequacy requirements
  • 3. Regulatory reporting
- Insurance Products
  • 1. Life insurance
  • 2. Property and casualty insurance
  • 3. Reinsurance
  • 4. Health insurance
- Insurance Processes
  • 1. Underwriting
  • 2. Actuarial functions
  • 3. Risk management
  • 4. Claims processing
Topic 2: Financial Services Auditing25-35%- IIA International Professional Practices Framework
  • 1. International Standards for the Professional Practice of Internal Auditing
  • 2. Code of Ethics
  • 3. Governance and internal control
  • 4. Risk-based auditing
- Financial Services Risk Framework
  • 1. Audit planning and execution
  • 2. Enterprise risk management
  • 3. Risk assessment methodologies
Topic 3: Auditing Financial Services Processes25-35%- Operational and Financial Processes
  • 1. Financial reporting
  • 2. Information technology controls
  • 3. Fraud prevention and detection
  • 4. Business continuity management
- Core Insurance Processes
  • 1. Actuarial processes
  • 2. Underwriting operations
  • 3. Claims management
  • 4. Policy administration
Topic 4: The Regulatory Environment10-20%- Insurance Regulation
  • 1. Insurance regulatory frameworks
  • 2. Anti-money laundering requirements
  • 3. Consumer protection regulations
  • 4. Solvency and capital requirements
Topic 5: Auditing Financial Services Products25-35%- Product Risks and Controls
  • 1. Pricing and reserving risks
  • 2. Underwriting risks
  • 3. Product compliance requirements
- Insurance Products
  • 1. Reinsurance arrangements
  • 2. Life insurance products
  • 3. Property and casualty insurance
  • 4. Health insurance products

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