IIA IIA-CFSA-INS : Certified Financial Services Auditor - Insurance

  • Exam Code: IIA-CFSA-INS
  • Exam Name: Certified Financial Services Auditor - Insurance
  • Updated: Jul 15, 2026
  • Q & A: 0 Questions and Answers

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IIA IIA-CFSA-INS Exam Syllabus Topics:

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

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