Cox Career Management Center

Risk Management and Insurance

Curriculum

The Risk Management and Insurance major provides students with a foundation in the theory of insurance economics and specialized technical information in insurance company operations, reinsurance, insurance law and contracts, employee benefits and enterprise risk management. A collaborative curriculum, supported by industry puts RMI majors on a fast track to success.

Risk Management and Insurance Core:

Two required courses

  1. Principles of Risk and Insurance (RMI 3360)
  2. Insurance and Corporate Risk Management (RMI 4360)

Two courses from the following RMI electives

  • Insurance Company Operations (RMI 4335)
  • Employee Benefits (RMI 4340)
  • Investments (FINA 4326)
  • Speculative Markets (FINA 4327)
  • Negotiations (MNO 3373)
  • Sales (MKTG 3345)

Two elective courses from the following, if not taken to satisfy RMI Electives above

  • Insurance Company Operations (RMI 4335)
  • Employee Benefits (RMI 4340)
  • Investments (FINA 4326)
  • Speculative Markets (FINA 4327)
  • Negotiations (MNO 3373)
  • Human Resources (MNO 3371)
  • Sales (MKTG 3345)
  • Real Estate Fundamentals (RE 3381)
  • Business Process Management (ITOM 4306 or ACCT 4306)
  • Business Modeling (ITOM 4307 or ACCT 4307)
  • Internship with Instructor's Approval (RMI 5325)

Career Paths

Possible career paths include underwriter, risk manager, actuary, loss control specialist, agent and broker, claims adjuster, and service representative.  For more information, visit Insurance Job Options (http://www.careers-in-finance.com/inoptions.htm ).

Explore the insurance careers site hosted by the Texas Department of Insurance (http://www.tdi.state.tx.us/business/careers.html).

Employment Outlook

Demand for insurance will increase, but employment in the insurance industry will increase more slowly than employment growth across all industries.  For more information, refer to the Bureau of Labor Statistics Occupational Outlook Handbook online at www.bls.gov/oco/cg/cgs028.htm#outlook.

Resume-Building Activities

  • Participate in an internship.
  • Get mentored by a professional in the field.  Participate in the Business Associates Program.

Resources