Jun 08, 2025  
2024-2025 Academic Catalog 
  
2024-2025 Academic Catalog

Insurance and Risk Management Major

Location(s): Main Campus


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Thomas R. Humphreys, CPCU Program Director

The insurance and risk management major prepares students for rewarding careers as underwriters, claim adjusters, agents or brokers in an insurance organization. The curriculum and the co-curricular activities provide the student with the knowledge and experience to be able to be a strong part of an insurance organization immediately upon graduation.

Insurance and Risk Management Learning Outcomes

With the completion of this degree program, the following learning outcomes can be expected:

  • Students can demonstrate knowledge of property and liability insurance, including policy coverage language.
  • Students are technically competent and can read and understand coverage forms providing consistent and sound underwriting decisions.
  • Students can analyze business needs and translate these into clearly defined requirement documentation.
  • Students can analyze and validate data for various purposes such as: underwriting, pricing, risk management loss control, and risk financing.
  • Students can present information effectively and respond to questions from groups of managers, clients, customers, and the general public.
  • Students can work in a collaborative environment, demonstrating negotiating skills and actively challenging others when necessary.

Program Requirements (57 semester hours)


A Bachelor of Arts degree in insurance and risk management requires 120 semester hours with a minimum overall grade point average of 3.0, and a minimum major grade point average of 3.0. The insurance and risk management major requires successful completion of the following courses.

Complete one of the following (3 semester hours)


Complete 6 semester hours from the following special interest tracks:


Note:


  1. Membership in the Gamma Iota Sigma insurance and risk management fraternity is strongly recommended. The co-curricular activities of this student organization are a very significant and an integral part of our educational process, providing a wide variety of learning opportunities outside of the classroom. Gamma Iota Sigma also contributes to the department seminar.
  2. IRM 330 - Ethics and Presentations  meets the Service Learning requirement, and is recommended for insurance and risk management students.
  3. If students are planning to attend graduate school, ECO 301 - Intermediate Microeconomics , MTH 151 - Calculus I  and MTH 152 - Calculus II  are recommended.
  4. A foreign language is highly recommended for all business students.
  5. A Certificate in Insurance and Risk Management is offered through The University of Olivet to provide participants with the necessary skills to pursue or enhance a career in the field of insurance and risk management. See Non-Degree Programs/Insurance and Risk Management Certificate for more information.

Note:


Course numbers followed by an asterisk (*) have prerequisites. Course numbers followed by a dagger (†) have corequisites. See Course Descriptions  for details.

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