What is the CSSC® and MSSC®?

http://www.nssta.com/sites/default/files/2017-01/busyoffice_3.jpg

Certified Structured Settlement Consultant® (CSSC®) Professional Certification Program

The NSSTA Certified Structured Settlement Consultant® (CSSC®) is the industry’s oldest and most respected designation, establishing educational standards for structured settlement professionals throughout the nation.

Nearly 550 structured settlement consultants have earned the distinguished CSSC® designation. The program, developed in conjunction with the University of Notre Dame, consists of more than 80 hours of classroom and study culminating in a comprehensive examination.

The NSSTA CSSC® Program includes an intensive pre-program study and classroom sessions covering a variety of topics and issues that directly relate to daily structured settlements business.

The NSSTA CSSC® Program, which is updated annually, provides a comprehensive understanding of structured settlements, combining academic rigor and perspective with the latest developments impacting the industry, including:

  • Settlement Planning and Needs Based Negotiation
  • Business ethics
  • Federal tax law overview and industry applications
  • Fixed income 
  • Trusts- Special needs and Medical reversionary trusts
  • Medicare set aside accounts
  • Negotiation strategy
  • Settlement documentation
  • Claim valuation
  • Actual industry case studies
  • Tort law, guardianship fundamentals, state and federal jurisdiction issues from a litigant’s perspective, laws which impact NSSTA members
  • Insurance claims practice
  • Loss reserving

“The CSSC® program provides an exceptional value . . . the content is thoroughly prepared and very well presented. The opportunity to develop relationships with other program participants is valuable on an ongoing basis.”

 – William Wright, CSSC®. Ringler Associates

Master's Certificate in Structured Settlement Consulting® (MSSC®)

An MSSC® Certification is another layer of professional education and qualification. The MSSC® program provides a comprehensive understanding of structured settlements, combining academic rigor and perspective with the latest developments impacting the industry. Curriculums include the following:

  • Business Ethics
  • Settlement Planning and Needs Based Negotiation
  • Federal tax law overview and industry applications
  • The Economic Environment
  • Trusts- Special Needs and Medical Reversionary Trusts
  • Medicare and ACA Issues Affecting our Industry
  • Negotiation Strategy
  • Industry Case Studies and Tort law
  • State and Federal Jurisdictional Issues
  • The Behavioral Psychology of Settlement
  • Laws Impacting NSSTA Members
  • Insurance Claims Practices & Loss reserving

Pre-Qualifications

  • CSSC Designation
  • Seven years of structured settlement industry experience

Or for the MSSC® Legacy Program:

  • Ten years of structured settlement industry experience
  • Active participation in NSSTA® at the Board or Committee level
  • Demonstrated significant contributions and dedication to our industry
     

“The advanced curriculum of the MSSC® program drills into the core issues and guiding principles of our industry and allows enrollees the opportunity to share their expertise, experiences and ideas in a collaborative and professional environment. The capstone of the program is the enrollee’s delivery of a research paper that may be added to the NSSTA® reference library. This is a challenging opportunity that all structured settlement professionals should embrace.”

Trish Fairhurst, CSSC®, MSSC®, Liberty Life Assurance Company of Boston

“The MSSC® program was a wonderful learning experience. The presentation of information was expertly done and the Notre Dame experience was exceptional.  Having been in the business for 30 plus years, I felt enriched by attending.  It was a career highlight for me.”

Mal Deener, CSSC®, MSSC®, Berkshire Hathaway Group

If you are not a NSSTA® member, and are interested in applying, please email info@nssta.com.

NSSTA® members interested in applying can login and apply on the member CSSC®/MSSC® pages.