sponsor_07

The New Stuff

673 Views

Education and Careers in the Insurance and Risk Assessment Fields


 Undergraduate education in fields such as insurance and risk assessment give the student the chance to also study investment markets, estate planning, and enterprise management. Students earning a degree in this field often begin working as an insurance broker.

4-year degree

Students who enroll in a four-year bachelor’s degree program in insurance and risk assessment will learn the principles and theories that govern health, life and automotive insurance. These degrees also cover accounting, financial product marketing, portfolio management, insurance law, statistics and employee benefits. Those who are applying for such a bachelor’s program need to have a diploma from high school, or the GED equivalent along with their ACT and SAT scores.

Bachelor’s degree

The curriculum in a bachelor’s degree program such as this includes hedging tactics, as well as limiting risk with insurance and other financial products. This program may include classes in taxation, financial regulation, and international economics. Undergraduates in risk assessment and insurance programs may also take the following courses:

  • Sales technology
  • Business information systems
  • Operations management
  • Financial statements
  • Insurance law

Outlook in employment

The total number of jobs as an insurance broker is expected to only increase by almost 9% between now and 2024 – this is according to the United States Bureau of Labour Statistics (BLS). Other information from BLS reveals that insurance brokers earn an annual salary of $65,000 as of May 2015.

Continuing education

After receiving a bachelor’s degree in this field, some students continue with additional graduate or professional education such as a Master of Business Administration, Master’s as well as doctoral degrees in accounting, finance, as well as economics.

Bachelor programs

Bachelor programs in management and risk assessment help prospective brokers to gain industry knowledge as well as technical skills needed to assist their clients in finding the appropriate insurance policies. This with a bachelor’s degree can lead to further educational studies and gain professional experience that could be beneficial inmany various career fields.

Other fields

With education in these fields, a student is left with a wide assortment of career opportunities in the fields of insurance, underwriting, human resource management as well as a host of other career positions.

If you are finishing your public-school studies, it could be wise to learn more about college and thinking about these fields to pursue.

Recently Published

»

John LoPinto: How an Investment Broker Can Help You Buy Stock  

John LoPinto says that buying stock is one way of building ...

»

Here Is Everything That Need to Know About Why Gold Matters

If you are interested in investing, one of the things that you might ...

»

How does machine learning modeling work

Machine learning technology is relatively new and is in great demand. ...

»

Why Should You Buy Bitcoin As A Cryptocurrency This Year?

What is Bitcoin (BTC)? Bitcoin is shared web cash, and that implies ...

»

How Much Charitable Giving Is Tax-deductible

The negative impact of Covid-19 on charitable gifting in San Diego ...

»

Using Investments To Support Retirement

How Investments Help Your Retirement No matter how old or young you ...

»

How-to Guide: Trading Stocks In Hong Kong

When it comes to trading stocks in Hong Kong, there are a few things ...

»

Why Do You Need Attorneys to Claim Compensation for Car Accidents?

Car accidents are often unavoidable. However, the consequences of a ...

»

MT4 Mobile Trading Review

Meta Trader 4 mobile, also known as mt4 mobile trading, allows ...