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."
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.
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.
Contact your advisor to get the details you'll need to start the RMI major in the Fall 2023 semester.