Risk Management and Insurance Training

The risk management and insurance program at Robert Morris University prepares students for careers as an insurance manager, agent, underwriter, financial advisor, risk manager, and more. The program focuses on mathematical and statistical analysis of rick and their applications to insurance and other business management problems. Program courses include: forecasting theory, quantitative and non-quantitative risk measurement methodologies, development of risk tables, secondary data analysis, and computer-assisted research methods. Get more details below including other Pennsylvania colleges that offer risk management and insurance training.

Robert Morris University

4207 Walnut St, Philadelphia, PA

RMU provides a variety of educational opportunities for students to assist them in their growth and development. The school is located in Moon Township, PA and operated as a private institution. RMU has a yearly student enrollment of over 5,000.

Students can pick from a few areas of study, including but not limited to:

• Business And Marketing Studies
• Education
• Communications And Journalism
• Health And Clinical Professions
• Recreation And Fitness Studies

To be considered for admissions, you may be required to fill out an application, provide letters of recommendations, and submit any transcripts or test scores, which are then reviewed by admissions staff. The most common standardized test scores among students accepted to RMU are within the range of 20 - 25 for the ACT exam, or 1340 - 1660 on the SAT exam. An estimated 80 percent of all applicant were admitted at this school, with 19 percent of those accepted choosing to attend.

Tuition is approximately $25,000 for the year, though it may change based on any number of circumstances. Students may check the school's price of attendance calculator to find what your personalized cost of attendance would be. Housing may be available for those who wish to live on-campus for around a cost of $5,800 for the year. Some students at RMU may be eligible for financial aid, which is generally offered in the form of loans, grants, scholarships and work study programs.

The Robert Morris University Colonials participate in several intercollegiate athletic programs, within the NCAA. Sports available may include the following:

• Basketball (NCAA Division I-AA)
• Track & Field (NCAA Division I-AA)
• Field Hockey (NCAA Division I-AA)

Contact information, admission forms, programs, and much more can be viewed on school's website at http://www.rmu.edu.

Students Enrolled in the Risk Management and Insurance Program

Get more details below regarding enrollment, academics, and school demographics. Robert Morris University offers a bachelor's degree program in risk management and insurance.

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

Insurance Underwriters

Description

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

Actuaries

Description

Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. May ascertain insurance rates required and cash reserves necessary to ensure payment of future benefits.

Career Outlook & Projections ()

According to the BLS, actuaries employment is expected to grow at a rate of 18.1% from 2014 to 2024

Salary & Wages

• Camden, NJ Metropolitan Division
  • Average Hourly Rate: $56.80
  • Average Annual Salary: $118150
• Philadelphia, PA Metropolitan Division
  • Total Employment: 460
  • Average Hourly Rate: $54.26
  • Average Annual Salary: $112870
• Wilmington, DE-MD-NJ Metropolitan Division
  • Total Employment: 70
  • Average Hourly Rate: $48.51
  • Average Annual Salary: $100900

Business Teachers, Postsecondary

Description

Teach courses in business administration and management, such as accounting, finance, human resources, labor and industrial relations, marketing, and operations research. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

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