Insurance Degree

Simply put, insurance is a arena of study emphasizing the protection from loss or risk. Insurance is a discipline of risk management and can be used to curb uncertainty or mitigate loss, albeit personal, financial, or corporate. Get more details below including other Michigan colleges that offer insurance degrees.

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Olivet College (OC Comets)

2200 North Squirrel Road, Rochester Hills, MI

Olivet College is a liberal arts college that offers an undergraduate education and helps students in developing important skills useful in pursuit of graduate education or employment. A liberal arts curriculum exposes students to a variety of topics and subjects. The school is located in Olivet, MI, which is a predominantly rural area. The school maintains a United Church of Christ affiliation, which is evident in the role it plays in program curriculums and daily life at the school. OC Comets has an annual student enrollment of nearly a thousand.

Here is a list of some of the popular programs OC Comets offers:

• Education
• Biological And Biomedical Sciences
• Recreation And Fitness Studies
• Business And Marketing Studies

To be considered for admissions, you may be required to fill out an application, provide letters of recommendations, and submit test scores or other school records, which are then reviewed by admissions officials. Students may provide either the ACT or SAT exam scores to be considered for admissions to OC Comets. A score within the range of 430 to 510 on the SAT, or 18 to 23 for the ACT is usually submitted among accepted students. This school has an acceptance rate of around 74% of which only 37% decided to attend. More information regarding admissions can be found at olivetcollege.edu.

The cost of undergraduate tuition is approximately $23,000 annually. Tuition prices may change for any number of reasons, and therefore students should use the school's net price calculator to identify their cost of attendance. Housing is available for students, and generally costs about $3,900 each year. Students at OC Comets may be eligible for aid which is typically scholarships, grants, and loans.

The mascot for OC Comets is the "Comets", and they participate in intercollegiate athletics through the NCAA. Athletic programs available include:

• Baseball (NCAA Division III)
• Basketball (NCAA Division III)
• Football (NCAA Division III)
• Golf (NCAA Division III)

To see a full list of areas of study, enrollment information, financial aid details, and more, please take a look at the school's website at http://www.olivetcollege.edu.

Students Enrolled in the Insurance Program

Get more details below regarding enrollment, academics, and school demographics. Olivet College has offered the following academic levels for students:

• Bachelor's Degree
• Master's Degree

Students by Academic Level (2019)

Students by Gender (2019)

Students by Race (2019)

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Claims Examiners, Property and Casualty Insurance

Description

Review settled insurance claims to determine that payments and settlements have been made in accordance with company practices and procedures. Report overpayments, underpayments, and other irregularities. Confer with legal counsel on claims requiring litigation.

Career Outlook & Projections ()

According to the BLS, claims examiners, property and casualty insurance employment is expected to grow at a rate of 3.3% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 970
  • Average Hourly Rate: $32.33
  • Average Annual Salary: $67240

Insurance Appraisers, Auto Damage

Description

Appraise automobile or other vehicle damage to determine repair costs for insurance claim settlement. Prepare insurance forms to indicate repair cost or cost estimates and recommendations. May seek agreement with automotive repair shop on repair costs.

Career Outlook & Projections ()

According to the BLS, insurance appraisers, auto damage employment is expected to shrink at a rate of -1.2% from 2014 to 2024

Insurance Underwriters

Description

Review individual applications for insurance to evaluate degree of risk involved and determine acceptance of applications.

Career Outlook & Projections ()

According to the BLS, insurance underwriters employment is expected to shrink at a rate of -11.4% from 2014 to 2024

Salary & Wages

• Detroit-Dearborn-Livonia, MI Metropolitan Division
  • Total Employment: 240
  • Average Hourly Rate: $30.13
  • Average Annual Salary: $62670

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).