What Can I Do With a Major In Risk Management and Insurance ?
UGA Specific Information for Risk Management and Insurance
The Bachelor's of Business Administration in Risk Management and Insurance (RMI for short) offers a unique program of study designed to give you a broad understanding of the roles and functions of risk-bearing institutions, knowledge of basic principles necessary for adequately managing economic risk, and the opportunity for professional advancement in your field. Risk management and insurance professionals focus on the function of executive leadership in handling risks facing the business enterprise.
The risk management and insurance industry offers careers that help individuals and businesses manage (or anticipate) risk to protect themselves from catastrophic losses. These professionals help clients understand their insurance needs and options. The first thing that comes to mind for most people when they think of jobs in insurance is sales - but that’s only one aspect of the field. Other areas include consulting, underwriting, asset management, human resources, customer service, actuarial and legal services. Some Risk Management majors pursue related Terry College certificate programs, such as the Certificate in Legal Studies or the Actuarial Science certificate. These qualifications require specific coursework and are closely tied to the student’s career interests.
Class of 2023 Career Outcomes for Risk Management and Insurance *
** Includes Self-Employed
Campus Resources
- Career Center free personalized appointments: find your RMI career consultant's contact info through our directory, or select "Schedule an appointment with my major-specific career advisor" on Handshake!
- Academic advising: connect with your RMI academic advisor through SAGE, or find their direct contact information at this link!
- Risk Management and Insurance Homepage
- Risk Management and Insurance Career Resources Page
Clubs & Organizations
To find additional clubs and organizations, go to the Center for Student Organizations.
Additional UGA Career Center Recommendations
POTENTIAL CAREER PATHS
- Actuary - Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.
- Claims - Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.
- Insurance Broker or Agent - Investigate, analyze, and determine the extent of insurance company's liability concerning personal, casualty, or property loss or damages, and attempt to effect settlement with claimants. Correspond with or interview medical specialists, agents, witnesses, or claimants to compile information. Calculate benefit payments and approve payment of claims within a certain monetary limit.
- Risk Analyst - Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
- Insurance Underwriter - Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.
ADDITIONAL RECOMMENDATIONS
Get Connected
The Risk Management and Insurance Department at UGA does an excellent job of connecting students with career opportunities. Take advantage of these resources during your time in school – join one of the professional associations, subscribe to the department’s listserv, and attend campus events such as employer information sessions and the RMI Career Fair held each spring.
COMPANY & SALARY RESEARCH
- Join LinkedIn groups that are relevant to your career interests. To search, select "groups" & type in your keywords.
- Review the groups that professionals in your field of interest have joined & consider joining those as well.
- To login, visit the LinkedIn main page.
Additional Career Research Resources
- O*NET Online – The O*NET database includes information on skills, abilities, knowledge, work activities, and interests associated with over 900 occupations.
- My Next Move – An interactive tool for students and job seekers to learn more about their career options.
- Occupational Outlook Handbook – The OOH is a career resource offering information on the hundreds of occupations that provide most of jobs in the United States.
- Vault – Vault.com provides in-depth intelligence on what it’s really like to work in an industry, company, or profession – and how to position yourself to land that job.
- Candid Career – This resource provides you with access to thousands of informational video interviews with real professionals through an easy-to-use website.
- UGA Mentor Program – Connect with a mentor (alumni, faculty, staff) to research and explore industries and careers. Research industries and careers by connecting with a mentor for a quick chat or formal 16-week mentorship through the UGA Mentor Program.
- Interstride - Interstride is an interactive tool for both international and domestic students to enhance their international experience and employment potential. The platform consists of job-listings, hiring trends, employer information, self-assessments, and up-to-date immigration guidance.
- Glassdoor - Glassdoor is a free jobs and career community that offers an inside look at jobs and companies through "employee generated content" – anonymous salaries, company reviews, interview questions, and more – all posted by employees and job seekers.
- Steppingblocks - Research your future career with real-world stats about your major, your interests, and your dream job title with career and education searches designed to find your best path based on millions of others. It’s data-powered career exploration for doers like you.
Employment Websites
GENERAL:
- Handshake (scroll down to the bottom of the page; login with your UGA MyID and password)
- LinkedIn (this popular networking site also has a job board!)
- Idealist (non-profit jobs)
- USAJobs (federal jobs)
MAJOR/CAREER SPECIFIC JOB BOARDS:
- Actuary.com (Actuary Jobs)
- BankJobs.com (Bank Related Jobs)
- Global Association of Risk Professionals Career Center
- InsuranceJobs.com (Insurance Jobs)
- UltimateInsuranceJobs.com (Insurance Jobs)
- InsuranceJournal.com (Insurance Jobs)
- GreatInsuranceJobs.com (Insurance Jobs)
- InsuranceWorkforce.com (Insurance Jobs)
- GovernmentJobs.com (Risk Management Government Jobs)
- American Society for Health Care Risk Management (Health Care Risk Management Jobs)
- Professional Risk Managers’ Association Career Center
- Risk and Insurance Management Society Career Center
- Public Agency Risk Managers Association Job Listings Page
Professional Associations/Resources
- Be an Actuary
- American Property Casualty Insurance Association
- American Institute for CPCU and Insurance Institute of America
- American Risk and Insurance Association
- Association of Professional Insurance Women
- Council of Insurance Agents and Brokers
- Insurance Information Institute
- The Association of Insurance Professionals
- National Association of Professional Insurance Agents
- NAPSLO Career Center and Internships
- Professional Risk Managers’ Association
- Public Risk Management Association
Tip: Join LinkedIn groups that are related to your career interest. Need help finding groups? Check out the Groups You May Like link under the Interests/Groups tab. Review the groups that professionals in your field of interest have joined and consider joining them as well.
Employers/Position Title Reported by Class of 2023 Risk Management and Insurance majors
The information below represents employers and position titles from the Class of 2023 Career Outcomes Survey. To view historical Career Outcomes for this major, click here and select "Historical Data" from the navigation menu.
Employer | Position Title(s) |
---|---|
Acrisure Re | Graduate Broker | Acuity Insurance | Commercial Underwriter | AIG | Underwriting Analyst | AIG | Analyst | AIG | Risk Analyst | AIG | Claims Adjuster | AIG | Risk Analyst | AIG | Risk Analyst | Allianz | Associate Graduate Underwriter | Allianz | Associate Graduate Underwriter | Allianz | Associate Underwriter | Allianz | Associate Underwriter | Allstate | Service Specialist | Ally Financial | Field Auditor | Amica Mutual Insurance | Associate Casualty Adjuster | Amwins | Associate Underwriter | Amwins | Associate Underwriter | Amwins | Technical Assistant | Amwins | Technical Assistant | Amwins | Associate Broker | Amwins | Associate Broker | Amwins | Technical Analyst | Amwins | Technical Assistant | Amwins | Associate Broker | Amwins | Technical Assistant | Angel Oak Capital Advisors | Associate Vice President | Aon | Account Specialist | Aon | Associate Broker | Ascot Group | Associate Underwriter | Auto-Owners Insurance | Branch Claim Representative | Axa XL | Underwriting Assistant | Bank of America | Analyst | Bass Underwriters | Underwriter | Beazley Group | Underwriter | BKS Partners | Client Service Specialist | BlueSkyRisk | Underwriter | BlueSkyRisk | Underwriter | Braven | Production Assistant | Bridge Specialty Group | Assistant Broker | Brown & Brown | Risk Analyst | Brown & Riding | Production Assistant | Builders Insurance | Underwriter | Cannon Financial Strategies | Associate | Cecil W. Powell & Company | Account Manager | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Chubb | Underwriting Associate | Corporate Realty | Assistant Project Manager | Cox Communications | Risk Analyst | CRC Insurance Services | Account Executive | Deloitte | Business Technology Solutions Analyst | Deloitte | Business Technology Solutions Analyst | Deloitte | Risk and Financial Advisory Technology Analyst | E*TRADE from Morgan Stanley | Financial Services Representative | Everest | Associate Underwriter | EY | Staff Finance Associate | fab'rik | Intern | Federal Deposit Insurance Corporation | Commercial Lines Underwriter | Feld Entertainment | Risk Analyst | Gallagher | Producer | Gallagher | Benefits Consultant | Granite Telecommunications | Network Integration National Account Manager | Grant Thornton LLP | Risk Advisory Associate | Great American Custom | Production Underwriter Trainee | Greenhouse Environmental | Director of Sales | Guy Carpenter | Risk Analyst | Homrich Berg | Risk and Compliance Analyst | HUB International | Account Manager Assistant | Huron | Digital Analyst | IAT Insurance Group | Underwriter Trainee | INSUREtrust | Account Manager | INSUREtrust | Account Manager | Intact | Underwriter | Ironshore Insurance | Management Liability Underwriter | Ironwood | Account Associate | James River Insurance Company | Associate Underwriter | Jencap | Assistant Account Manager | Kimpton Hotel & Restaurant Group, LLC | Server | KPMG | Associate | Liberty Mutual Insurance | Commercial Underwriter | Liberty Mutual Insurance | Commercial Lines Underwriter | Liberty Oriental Rugs | Manager | Lockton | Account Analyst | Lockton | Account Analyst | Lockton | Analyst | Lockton | Analyst | Lockton | Risk Analyst | Lockton | Account Analyst | Lockton | Financial Analyst | Lockton | Account Analyst | Lockton | Account Analyst | Malcolm T. Gilliland Inc. | Risk and Insurance Manager | Markel | Underwriter Trainee | Markel | Underwriter Trainee in Brokerage Property | Marquee Insurance Group (MIG) | Renewal Representative | Marquee Insurance Group (MIG) | Claims Specialist | Marsh | Production Consultant | Marsh | Risk Consulting Analyst | Marsh | TRAC Associate | Marsh | TRAC Associate | Marsh | TRAC Associate | Marsh McLennan | Senior Account Representative | Marsh McLennan | Assistant Account Manager | Marsh Mclennan | Assistant Account Manager | Marsh McLennan | Account Representative | Marsh McLennan | Cyber TRAC Associate | Marsh McLennan | Senior Account Representative | Marsh McLennan | TRAC Associate | Marsh McLennan | Senior Account Representative | Matthews Real Estate Investment Services | Associate | McGriff | Actuarial Analyst | McGriff | Client Service Specialist | McGriff | Market Analyst | McGriff | Marketing Analyst | Merrill Lynch | Advisor Development Program Analyst | MetLife | Group Benefit Sales Trainee | Northside Hospital | Financial Analyst | Northwestern Mutual | Financial Representative | Oliver Wyman | P&C Actuarial Analyst | Oracle | Business Development Representative | Origami Risk | Business Systems Analyst | Origami Risk | Business Systems Analyst | Palmer & Cay | Client Manager | Peachtree Special Risk Brokers | Assistant Broker | Philadelphia Insurance Companies | Specialty Underwriter Trainee | Philadelphia Insurance Companies | Marketing Associate | Philadelphia Insurance Companies | Underwriter Trainee | Philadelphia Insurance Companies | Underwriter Trainee | Protiviti | Junior Consultant | Protiviti | Consumer, Risk, and Compliance Consultant | QuadScore Insurance Services | Underwriting Specialist | Red Oak Inventory Finance | Management Trainee | Renaissance Life & Health Insurance Company of America | Group Sales Executive | Risk Placement Services, Inc. | Producer Associate | Risk Placement Services, Inc. | Underwriter and Broker Associate | risksmith Insurance Services | Associate Underwriter I | RT Specialty | Account Administrator | RT Specialty | Risk Analyst | Sedgwick | Claims Associate | Sequel Data Systems | Head of High School Growth | Skyward Specialty Insurance | Claims Associate | Snellings Walters Insurance Agency | Emerging Market Commercial Insurance Advisor | Sompo International | Excess Casualty Trainee | Starr Insurance Companies | Underwriting Associate | Starr Insurance Companies | Associate | Starr Insurance Companies | General Aviation Underwriter | Starr Insurance Companies | Associate Underwriter | Starr Insurance Companies | Underwriting Associate | State Farm | Account Representative | State Farm | Position Not Specified | State Farm | Account Representative | StempleCrites LLC | Consultant | Sterling Seacrest Pritchard | Client Service Assistant | Sterling Seacrest Pritchard | Client Service Assistant | Sterling Seacrest Pritchard | Client Service Assistant | Sterling Seacrest Pritchard | Client Service Assistant | Stryker | Associate Sales Representative | Swiss Re | Junior Underwriter | Swiss Re | Associate Underwriter | TBM | Commercial Risk Advisor | The Cason Group, Inc. | Position Not Specified | The Cigna Group | Underwriter | The Cigna Group | Risk and Underwriting Analyst | The Hanover Insurance Group | Personal Lines Underwriter Trainee | The Hanover Insurance Group | Specialty Underwriter Trainee | The Hartford | Associate Underwriter | The Hartford | Associate Underwriter | The Piedmont Group | Financial Services Representative | TIAA | Risk, Compliance, and Internal Audit Rotational Analyst | TIAA | Risk, Compliance, and Internal Audit Rotational Analyst | Tokio Marine HCC | FLP Associate | Tokio Marine HCC | Operations Support Lead | Tokio Marine HCC | Underwriting Assistant | Tokio Marine HCC | Underwriting Assistant | Truist | LDP Analyst | UnitedHealth Group | Actuarial Analyst | UnitedHealth Group | Actuarial Analyst | University of Georgia | Complex Carbohydrate Research Center Assistant System Administrator | USI Insurance Services | Commercial Lines Associate Account Representative | USI Insurance Services | Commercial Lines Associate Account Representative | USI Insurance Services | Account Executive | USI Insurance Services | Commercial Lines Associate Account Representative | W.R. Berkley Corporation | Underwriter Trainee | Warren Hanks Construction Company | Accounting Assistant Manager | WTW | Corporate Risk and Broking Agent | WTW | Graduate Development Program Analyst | Zhao Business Solution (ZBS) | Position Not Specified | Zurich Insurance Group | Underwriting Trainee | Zurich Insurance Group | Underwriter Trainee |
Graduate/Professional Schools attended by Class of 2023 Risk Management and Insurance majors
The information below represents graduate/professional schools and programs reported through the Class of 2023 Career Outcomes Survey. To view historical Career Outcomes for this major, click here and select "Historical Data" from the navigation menu.
Graduate School | Program(s) |
---|---|
Brandeis International Business School | Business Analytics, MSBA | Case Western Reserve University | Unspecified Master's Program, MA | Duke University | Quantitative Management, MS | Duke University | Analytics, MS | Georgia State University | Business Administration, MBA | Georgia State University | Law, JD | Kennesaw State University | Business Administration, MBA | Kennesaw State University | Public Administration, MPA | Mercer University | Law, PhD | The University of Maryland, Baltimore | Law, JD | The University of Texas at Austin | Law, Professional | University of Arkansas, Fayetteville | Law, JD | University of Colorado Boulder | Law, JD | University of Georgia | Business Administration, MBA | University of Georgia | Business Administration, MBA | University of Georgia | Business Analytics, MSBA | University of Georgia | Marketing Research, MMR | University of San Diego | Leadership Studies, MS | University of South Carolina | Unspecified Master's Program, MA |