Insurance and Risk Management

Courses in the Program

The University of Olivet’s insurance and risk management program equips you with the knowledge and skills needed to build a successful career in the field, while also preparing you for industry certification exams. Key courses include:

• IRM 253 – Commercial Insurance: Learn the basics of commercial property and casualty insurance policies while preparing for the AINS 23 exam.
• IRM 350 – Negotiation and Persuasive Presentations: Practice negotiation, argument-building, and professional communication tools to present insurance-related proposals.
• IRM 454 – Risk Management: Explore how businesses manage risk using forecasting, analysis, and simulations, with prep for the ARM 54 exam.
• IRM 483 – Agency Operations: Understand how to run an insurance agency, including managing staff, marketing, and ethical operations, with prep for the AAI 83 exam.

The insurance industry is highly competitive and constantly evolving. Insurance and risk management coursework trains students to handle changes in regulations, risk management strategies, and customer expectations so they are better positioned for long-term success.

Clubs and Organizations

Get involved and enhance your career opportunities by joining student organizations that focus on leadership, networking, and career exploration in the insurance and risk management fields:

Alpha Alpha Chapter of Gamma Iota Sigma

A national award-winning student organization established to bring together people interested in the fields of insurance, risk management and financial planning.

Association for Women in Mathematics

The Association for Women in Mathematics (AWM) is an organization founded to encourage women to study and pursue careers in the mathematical sciences and to promote equal opportunity and treatment of women in the mathematical sciences.

Society of Hosford Scholars

Established to encourage its members in academic matters and to focus on the goal of personal fulfillment and excellence in the classroom, studio, laboratory and library.

Student Government Association (SGA)

The representative voice for the student body, SGA promotes the welfare, protects the rights and represents the opinions of Olivet students. SGA also seeks to establish relationships between students, staff, faculty and administrators.

Why Choose Our Insurance and Risk Management Degree Program

Choosing The University of Olivet means selecting an insurance and risk management program with a proven track record, a tight-knit campus community, and direct access to industry opportunities in Michigan and beyond. Here, you’ll develop strong analytical, communication, and decision-making skills while being mentored by faculty with deep industry experience.

A Personalized Experience

Small class sizes and individualized support ensure you’re more than just a number. You’ll work closely with your professors, benefit from hands-on learning, and build lasting connections with peers and professionals across the industry.

Career-Ready Risk Management Degree with Internship Experience

Because the University of Olivet is located in the heart of Michigan, you’ll have access to insurance firms, financial services companies, and internship sites across the region. Whether you’re interested in underwriting, claims, risk management, or client services, we’ll help you take the next step with confidence.

Proven Excellence

Insurance and risk management is a high-demand field that offers a wide range of career opportunities for graduates of The University of Olivet. Every student in the program completes an internship before graduation, gaining real-world experience and professional connections. The program is also consistently ranked among

Career Outlook for Those With Insurance and Risk Management Degrees

The insurance and risk management industry offers strong job security, competitive salaries and clear paths for advancement. As risks evolve and markets expand, skilled professionals are in demand across sectors ranging from healthcare and finance to cybersecurity and environmental planning.

According to the U.S. Bureau of Labor Statistics:

• Insurance underwriters earn a median salary of $76,230, with demand expected to remain relatively steady through 2032
• Claims adjusters, appraisers, and investigators earn a median of $72,230. Demand remains steady in regions prone to weather-related events and property loss.
• Risk management specialists earn an average salary of $81,790, and under the broader category of financial analysts, are projected to grow 8% through 2032.
• Personal financial advisors earn a median salary of $95,390 and are projected to grow 13% through 2032.

With Michigan home to major insurance providers and growing financial services hubs, graduates of The University of Olivet are well-positioned to launch successful careers close to home or across the country.

Jobs for Insurance and Risk Management Graduates

A degree in insurance and risk management prepares you for a variety of professional roles in business, finance and public service. Career options include:

• Insurance Underwriter: Reviews applications and decides which policies to issue and at what cost.
• Claims Adjuster: Investigates insurance claims and helps determine how much a provider should pay.
• Risk Analyst: Identifies and evaluates potential risks to organizations and helps design strategies to minimize them.
• Insurance Agent or Broker: Works with individuals or businesses to find and sell the right insurance products.
• Loss Control Consultant: Advises businesses on how to reduce the likelihood of losses and improve safety.
• Customer Service Representative (Insurance): Supports clients with policy updates, questions and problem resolution.
• Financial Services Associate: Offers clients information on insurance and financial products as part of broader financial planning.
• Graduate Student in Business, Law, or Financial Planning: Continues education for roles in leadership, compliance or specialized advisory services.

These insurance and risk management careers offer strong earning potential, flexibility and the opportunity to make a meaningful impact by helping others protect what matters most.