Understand risks, reap big rewards

To make smart decisions about any project, businesses need to look at what might go wrong and come up with strategies that help them control possible downsides. That's risk management.

Risk management & insurance (RMI) professionals help companies and individuals identify risk exposures, determine how (and how much) it could impact them, and put processes and protections in place— like insurance contracts. With 11% of Iowa’s GDP in the insurance industry, and 212 insurance companies in the state, the demand for RMI graduates continues to grow. And so will your opportunities.

"The job growth in the insurance industry is huge, and they’re constantly looking for new grads. The lifestyle, the work culture—it all just seemed perfect for me."

Top 20

Risk Management and Insurance Programs

A.M. Best’s Reviews


employers have hired RMI graduates

in 14 industries, 36 states, and 4 countries

Make a real-world impact while you earn your degree

Iowa is a hub for the insurance industry and Tippie has been recognized as one of only 25 Global Centers of Insurance Excellence in the country. Your experience here will be grounded in the real world, with real projects that help real clients, like:

  • Partnering with a small business to identify their risk exposures and suggest mitigation strategies
  • Developing a business plan for a captive insurer that covers a car fleet 
  • Consulting for a regional firm to assess their workers compensation claims

If digging into problems and helping others stay out of trouble is your jam, then you've come to the right place.

Career options? Sky’s the limit.

Whether you enjoy analytical work or are a people person, there is a career for everyone. From quantifying hurricane exposures to corporate relationship management, the career opportunities for risk management and insurance majors are nearly unlimited.

Explore careers

Would you like to pair your RMI major with another Tippie major?

Great choices include Finance, BAIS, Marketing, Accounting, and Management. The risk management and insurance industry is diverse and values broad expertise. Insurance companies need asset managers, and analytics experts, accountants, marketing professionals, and corporate risk managers benefit from corporate finance knowledge. There is a home for everybody.

Additional opportunities

Aerial photograph of the Pappajohn Business Building

Vaughan Institute of Risk Management

Access exclusive scholarships, attend networking events, add your resume to our recruiting book, and more in an organization that connects RMI students, alumni, and professionals.

Get the details

Classroom with students

Risk Management Certificate

Not sure about the major? How about keeping your options open with a certificate that gives you the fundamentals of Risk Management and Insurance? If you're not a Tippie student, no worries—the certificate is open to all University of Iowa majors.

See Certificate Requirements

Students in class

Gamma Iota Sigma

Tippie’s only international business fraternity dedicated to students in insurance, risk management, and actuarial science.

Find out more


Contact your advisor to get the details you'll need to start the RMI major.