Risk Management and Insurance Training

The risk management and insurance program at University of Wisconsin – Madison 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 Wisconsin colleges that offer risk management and insurance training.

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University of Wisconsin – Madison

500 Lincoln Dr, Madison, WI

The University of Wisconsin-Madison is the main campus of the University of Wisconsin (UW) System. Its founding in 1848 was the result of a Wisconsin constitutional provision, mandating the institution of a state university within the state capital.

Situated over 900 acres, the university is home to eight different schools and colleges, offering more than 5,000 courses as well as Honors programs for outstanding students. At least 2,000 faculty members comprise the UW-Madison schools of Education, Human Ecology, Nursing, Pharmacy, the Wisconsin School of Business as well as the colleges of Agricultural and Life Sciences, Letters and Science, and Engineering.

Also distinguished as one of the best universities in the world, UW-Madison is a premier research university; offering various research grants and fellowships to its students. Alongside these is an annual research program called Pathways Scholars, an eight-week long training on research and writing that is funded in full and conducted by UW-Madison each summer for qualified applicants.

Opportunities for attending any of more than a hundred overseas academic programs are also provided. The Study Abroad Resource Center assists students with application processes, finding financial support, and other matters pertinent to studying in foreign countries.

Scholarships, loans, and student employment programs are handled by the Office of Student Financial Aid. Information on available merits and grants as well as current job openings, both in and out of the campus, are provided by this office.

Residential halls at UW-Madison house about 7,000 students each year. A housing listing service is also accessible for students who prefer other housing options such as private residences, apartments or condominiums in nearby areas.

Several museums and theaters are located within campus, providing venues for numerous cultural events and artistic performances. There is tremendous participation in collegiate sports, with the Wisconsin Badgers representing the university in several athletic events such as football, basketball, and ice hockey. Campus security is overseen by the UW Police Department, also located within university grounds.

Students Enrolled in the Risk Management and Insurance Program

Get more details below regarding enrollment, academics, and school demographics. University of Wisconsin – Madison has offered the following program levels for students:

• Bachelor's Degree
• Post-Baccalaureate Certificate
• 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

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

• Madison, WI
  • Total Employment: 170
  • Average Hourly Rate: $46.49
  • Average Annual Salary: $96690

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).