Insurance & Risk Management

Program Location

Farm Bureau Insurance (Shuttle Available)

Session Offered

AM 

Average Lecture days/week

4-5 days

Average Lab days/week

2-3 days

Homework

Weekly

Required Reading

• College level textbooks
• E-books
• Internet information
• More than 25 pages/week

Success Indicator

This program is highly recommended for students planning to pursue a career in business or finance.

College Credits - 9

• IRM 221 – Principles of Insurance & Risk Management
• IRM 252 
• IRM 253  

Academic Rigor

3 out of 5

Capital Region Technical Early College (CRTEC)

Students enrolled in this program may choose to participate in the Capital Region Technical Early College program. This is a high school-to-college program where students start in grade 11 and end their 13th year with a degree or certification. This program gives students relevant career related experiences.

Student learning outcomes include, but are not limited to:

• Explain the concepts of risk and insurance
• Describe the process of risk management
• Identify alternatives to insurance
• Describe the structure of the insurance market
• Demonstrate understanding of insurance regulation
• Show familiarity with significant operations of an insurance company
• Describe the structure of the insurance contract
• Describe and analyze provisions of commercial property, including business income, and general liability insurance contracts and apply them to loss situations
• Describe the coverages provided under other commercial property and liability insurance contracts
• Demonstrate a knowledge of personal:
  • Insurance fundamentals and principles
  • Property and casualty insurance contracts
  • Financial planning fundamentals
  • Life and health insurance fundamentals
  • Retirement and estate planning fundamentals

Certifications

Associate in Insurance (AINS) 

Student Leadership

Students have the opportunity for leadership, competition and community service through membership in DECA.

Careers

• Accountant & Auditor
• Loan Interviewer/Clerk
• Actuary
• Financial & Investment Analyst
• Tax Preparer

Median Wage

• Accountant & Auditor: $38.41 Hourly, $79,880 Annually
• Loan Interviewer/Clerk: $22.78 Hourly, $47,380 Annually
• Actuary: $57.69 Hourly, $120,00 Annually
• Financial & Investment Analyst: $47.60 Hourly, $99,010 Annually
• Tax Preparer: $23.56 Hourly, $49,010 Annually

Employment Outlook (Average)

• Accountant & Auditor: 2-4%
• Loan Interviewer/Clerk: 1%
• Actuary: 9%
• Financial & Investment Analyst: 5-8%
• Tax Preparer: 2-4%