The Risk Management and Insurance sequence provides an in-depth study of insurance and financial services combined with the general business core curriculum.
The financial aspects of insurance involve the accumulation and management of premium dollars to promptly and fairly settle claims and to profitably operate the company. Because this function is quite broad, individuals are needed to locate buyers of policies, screen potential buyers, pay claims, and manage company funds. Individuals with insurance expertise may choose careers advising businesses how to effectively handle insurance risks rather than working for insurance companies.?
Though insurance is a financial field, insurance companies need the technical and extensive data processing support which is carried by computer scientist and actuaries.