[1][2][3] LOMA offers an employee training and development program used by the majority of American life insurance companies, and by life insurance companies in over 70 other countries worldwide.
The Fellow, Life Management Institute (FLMI) designation program, awards the FLMI designation to individuals who pass a series of 10 examinations; these insurance-focused examinations cover insurance, accounting, marketing, information systems, finance, law, management, and computers.
[6] Brokers also use the LOMA educational courses to count towards the continuing professional education (CPE) requirement needed to maintain their license in good standing with regulators.
[8][9] The National Life Office Management Association "in the early nineteen thirties was one of the first management societies or trade associations to assign an increasingly prominent role to some kind of selective records preservation in the programs of their annual meetings and in the work projects of their research groups.
"[10] LOMA developed a series of merit rating scales for clerical employees based on traits and behavioral elements, published in 1950.