Sep 13, 2025  
2025-2026 Academic Catalog 
    
2025-2026 Academic Catalog

Insurance and Risk Management Major

Location(s): Main Campus


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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 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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