The WCIRB is excited to announce the newest WCIRB CompEssentials® course, Experience Rating Fundamentals. This new online course is essential for California insurance professionals who want to better understand the basic components of experience rating. Students who successfully complete this course will be able to:
• Explain the purpose of experience rating
• Determine how claims impact an X-Mod
• Use the experience rating formula to calculate an X-Mod
• Analyze a policyholder’s experience rating worksheet and use it to answer questions about their X-Mod
WCIRB CompEssentials: Experience Rating Fundamentals consists of 9 self-paced modules, 20-30 minutes long, offering 5 hours of comprehensive instruction that includes compelling narration and interactive exercises. For licensed Property-Casualty professionals, Experience Rating Fundamentals is approved for 5 continuing education units by the California Department of Insurance.
Existing CompEssentials users can login using their user ID and passcode to purchase the course from the CompEssentials Catalog. The cost starts at $55 for non-members and $25 for members. New CompEssentials users can sign up for an account on WCIRB.com or via the landing page of WCIRB Connect. Discounts are available for group enrollment.
Discounts are available for purchasing bulk enrollments of CompEssentials courses. This pricing applies to purchasing 30 or more enrollments of Experience Rating Fundamentals, Classification Basics, or a combination of both courses. The bulk pricing is as follows*:
To qualify for the discounted pricing, bulk course transactions (30 or more enrollments) must be purchased at the same time by contacting [email protected].
The WCIRB CompEssentials development team is hosting free webinars to demo modules from Experience Rating Fundamentals. Sign up to get a preview of the highlights from Module 1 and ask CompEssentials questions directly to the subject matter experts. Register Now>
To learn more about WCIRB CompEssentials, visit wcirb.com/compessentials.
*Prior individual course purchases cannot be applied toward a bulk discount.