In job postings for experienced professionals, 25% of employers require a CIP, while another 45% indicate that it is preferred.
CIP holders earn a wage premium of about $8,000, compared with their colleagues with a similar level of experience and no CIP designation.
71% of employers agree that job candidates with a CIP designation are of more interest when recruiting.
41% of employees suggest that a CIP designation is either very or extremely beneficial for engaging with a community of insurance professionals.
56% of employees suggest that a CIP designation is either very or extremely beneficial in supporting their morale and confidence.
To learn more about the CIP designation and its role in the P&C insurance workplace, please visit the Insurance Institute of Canada at www.insuranceinstitute.ca/CIPvalue