Corporate Criminal Liability in Insurance Course
Online 300-hour course in corporate criminal liability in insurance. 6 modules covering the Criminal Code, Article 31 bis (criminal liability of legal persons), UNE 19601 (criminal compliance management systems) and NAVEX One. Assigned tutor and open enrolment.
Corporate Criminal Liability in Insurance Course — studying from South Africa
South Africa has one of the more developed insurance and financial services sectors on the continent, with major insurers and reinsurers headquartered in Johannesburg and Cape Town. Actuarial and risk analysis skills are in demand for pricing, reserving and risk management. The Financial Sector Conduct Authority and the Prudential Authority regulate the sector, and insurers rely on data-driven models to meet capital and solvency requirements. Engineers with statistics and data skills are increasingly recruited into these roles.
Fees for South Africa: R 10 200 (South African rand), with instalments and employer sponsorship available.
Relevant bodies in South Africa
Typical roles
Questions from South Africa
Will a SEIUM qualification be recognised by the professional bodies in South Africa for this area?
SEIUM qualifications are private qualifications, not official state degrees, and they are not accredited by any South African body. Actuarial work in South Africa is overseen by the Actuarial Society of South Africa (ASSA), whose professional credentials follow their own examination and regulatory routes. Recognition of a SEIUM qualification is decided by employers or the relevant body, so verify this directly with them before enrolling.
How might this qualification be used by employers in South Africa in insurance and risk roles?
Insurers, banks and risk consultancies look for strong data, modelling and risk skills. A private qualification may support your profile, particularly alongside relevant experience, but it will not replace formal professional credentials where these are required. Whether a particular employer values it is up to them, so it is worth asking hiring managers in your target field how they would view it.
Can I study this programme alongside full-time work from South Africa, and is there a time zone or language issue?
Yes, the programme is delivered fully online and in English, so no student visa is needed to study from home. Master's programmes require 1,900 hours, postgraduate diplomas 800 hours and specialist courses 300 hours. Each student is assigned a technical tutor, fees can be paid in instalments, and employer sponsorship is possible. Ask SEIUM about the time-zone and weekly workload expectations before committing.
Take the controls.
Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.
What you will be able to do
Explain the criminal liability regime of legal persons under Article 31 bis of the Criminal Code.
Identify the offences with the greatest exposure in insurance activity, such as fraud, bribery or money laundering.
Design an organisation and management model for crime prevention in accordance with UNE 19601.
Implement a whistleblowing channel in line with Law 2/2023.
Plan and document an internal investigation while respecting the rights of the persons affected.
Evaluate the effectiveness of the prevention model through indicators and audits.
Prepare the entity's defence documentation for criminal proceedings.
Who it's for
- Compliance officer at an insurance company who wants to specialise in corporate criminal liability in insurance.
- Company criminal lawyer who wants to specialise in corporate criminal liability in insurance.
- Head of the internal information system who wants to specialise in corporate criminal liability in insurance.
- Auditor of crime prevention models who wants to specialise in corporate criminal liability in insurance.
- Anti-money laundering analyst who wants to specialise in corporate criminal liability in insurance.
- Internal fraud investigator who wants to specialise in corporate criminal liability in insurance.
- Graduates in engineering or science seeking to enter insurers and reinsurers.
What you'll work with
- Criminal Code, Article 31 bis (criminal liability of legal persons)
- UNE 19601 (criminal compliance management systems)
- ISO 37301 (compliance management systems)
- ISO 37001 (anti-bribery management systems)
- Law 2/2023 (protection of whistleblowers)
- Law 10/2010 (prevention of money laundering and terrorist financing)
- Circular 1/2016 of the Spanish Public Prosecutor's Office
6 modules · 300 h
1.1Basis and evolution of the model1.2Offences that can be attributed to the entity1.3Persons whose conduct implicates the company1.4Penalties applicable to the legal person1.5Mitigating and exempting factors1.6Relationship with individual liability1.7Sector vocabulary and acronyms1.8Reputational and regulatory consequences1.9Known cases in the financial sector1.10Exercise: identifying the criminal risks of an entity
2.1Fraud and deception in contracting2.2Money laundering2.3Corruption in business2.4Offences against privacy and data2.5Cybercrime2.6Offences against the public purse2.7Offences against workers2.8Misleading advertising and unfair practices2.9Offences relating to competition2.10Practice: criminal risk map
3.1Elements required of an effective model3.2Risk identification and assessment3.3Decision protocols and controls3.4Management of financial resources3.5Whistleblowing channel and its protection3.6Disciplinary system3.7Compliance body and its independence3.8Model documentation3.9Periodic verification and updating3.10Practice: designing a control for a criminal risk
4.1Initiating the investigation4.2Protection of the rights of the person under investigation4.3Gathering digital evidence4.4Interviews and their documentation4.5Protection of the whistleblower4.6Involvement of external advisers4.7Conclusions and measures4.8Communication with authorities4.9Preservation of evidence4.10Practice: internal investigation protocol
5.1Responsibility of the board and management5.2Staff training and accreditation5.3Ethical culture and tone from the top5.4Certification of compliance systems5.5Audit of the model and its effectiveness5.6Documentation as proof of due diligence5.7Cooperation with the justice system and mitigation5.8Reputational crisis management5.9Programme indicators5.10Practice: model improvement plan
6.1Choice of entity and scope6.2Prioritised criminal risk map6.3Design of the prevention model6.4Specific controls by risk6.5Whistleblowing channel and investigation protocol6.6Training and culture plan6.7Verification and audit plan6.8Monitoring indicators6.9Model report6.10Defence of the work
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and a assigned technical tutor. No fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is NAVEX One, OneTrust GRC, SAP GRC, advanced Excel, in free, academic or evaluation versions. The practicals are based on real procedures for drawing up an insurer's criminal risk map and a simulated internal investigation based on a complaint. Assessment is continuous per module plus the final integrating project.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Explain the criminal liability regime of legal persons under Article 31 bis of the Criminal Code.
Identify the offences with the greatest exposure in insurance activity, such as fraud, bribery or money laundering.
Design an organisation and management model for crime prevention in accordance with UNE 19601.
Implement a whistleblowing channel in line with Law 2/2023.
Plan and document an internal investigation while respecting the rights of the persons affected.
Where this takes you
Requirements
- No prior degree is required.
- Internet connection and a computer capable of running the programme's software.
- Sufficient Spanish to follow technical regulatory reading.
Ready to start?
Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.
Frequently asked questions
The programme comprises 300 hours in total, spread over 3 to 5 months. That is between 10 and 15 hours a week on average, compatible with a full-time job.
You will work with NAVEX One, OneTrust GRC, SAP GRC and advanced Excel. Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.
A SEIUM own diploma upon passing the continuous assessment and the integrating project. It is in-house training, not an official Ministry qualification.
Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the advanced programme. Check the recognition policy when you enrol.
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