Lexon Surety Analyst Wins NASBP-Sponsored Academic Achievement Award

Earlier this month NASBP congratulated Caroline Murphree Roberson, AFSB, C.P.A., Underwriting Operation Analyst at Lexon Surety Group in Hermitage, TN, for her achievement in receiving the Associate in Fidelity and Surety Bonding (AFSB) Distinguished Graduate Award of which NASBP is a cosponsor.

“The AFSB designation serves as a concrete measure of my competency and knowledge of the surety industry,” Roberson said. “I am honored to have achieved this designation that was developed by our industry’s most experienced professionals, and I know that the knowledge I have obtained throughout the designation process will serve me well in the surety business,” she added.

The Award is given by The Institutes, that provide insurance education and training for property-casualty insurance and risk management professionals, including the AFSB curriculum.

Of the more than 12,000 people who earned an Institutes designation last year, Roberson is one of the more than 30 being recognized for exceptional academic achievement. Roberson obtained the highest cumulative grade average on the AFSB degree’s exams. She will receive a plaque and a monetary award from the cosponsors of the award that include NASBP and The Surety & Fidelity Association of America.

NASBP’s support of the Program has continued over more than two decades. For more information about NASBP’s involvement click here. The Institutes established the National Honors Program over forty years ago to recognize the outstanding academic achievement of students in the designation and certificate programs.

The Institutes’ AFSB Program and Course Update

The Institutes’ Associate in Fidelity and Surety Bonding (AFSB) designation program is available as a self-study program through printed textbooks and course guides. Recently, The Institutes have revised and updated the Course CPCU 540, Finance for Risk Management and Insurance Professionals, which is one of the courses required to receive the AFSB designation.

The material was revised to include updated facts and figures throughout, and content covering the International Financial Reporting Standards (IFRS) and Schedule F of the NAIC Annual Statement was also updated. References to the Statement of Financial Accounting Standards (SFAS) were replaced with Accounting Standard Codification (ASC) topics. Revised study materials are required to prepare for the new CPCU 540 exam. Exams covering both the new and existing content will be available in the July 15, 2013, and October 15, 2013, exam windows.

To learn about recent changes to the other course materials besides that for the AFSB, click here.

To find out about changes to the Chartered Property Casualty Underwriter (CPCU®) Program click here.