What would I do with a degree in RMI?
Which field of RMI suits you best?
- Brokerage
- Underwriting
- Loss Control
- Claims Adjusting
- Ratemaking (Actuarial)
The list of opportunities is endless, but one thing is for sure, there are an abundance
of them! By 2020, the RMI industry will need to fill 400,000 positions. ÌýNearly half of the workforce is expected to retire by 2030 and there are more than 2 million people employed in the insurance.Ìý But universities
aren't graduating students quickly enough to fill those needs.
At Â̲èÖ±²¥, one of our favorite areas of the insurance business is surplus lines or "specialty
insurance". ÌýWe like to call it "the fun stuff".ÌýSpecialty insurance is insurance for risks that are too "risky" for standard insurers
to assume. ÌýIts things like oil and gas, technology risks, sports and entertainment
risks, property coverage for coastal property and liability coverage for many medical
providers. Ìý
More than half of our graduates go to work for either a specialty insurer or a specialty broker or underwriter. These professionals work with independent insurance agents to help owners and managers
of high risk exposures manage their risks and allow them to continue to grow their businesses and not be stopped by unknowns.Ìý
To read more about the careers most Â̲èÖ±²¥ RMI students choose, take a look at our "Impact of RMI" page.
More great resources on careers and majoring in RMI
If you're still not convinced or just have more questions, there are several great
resources that provide lots of information on the types of jobs.ÌýÌýClick on the icons
to the right to find these great resources:
Risk Management & Insurance