Risk management is a central part of any organization’s strategic management. It is the process whereby organizations methodically address the risks to their activities with the goal of achieving sustained benefit. Graduates in risk management and insurance find a variety of career opportunities open to them as risk analysts within the business community and government, as brokers/agents providing professional risk management counseling and market placement services for clients, as consultants and personal financial planners, and in the underwriting, marketing, claims adjusting, planning, governmental relations, and financial management activities of insurers.Possible Job Titles of RMI Graduates: Account Administrator Account Analyst Agent Broker Trainee Claims Adjuster Claims Representative Insurance Coordinator Group Benefit Representative Risk Analyst Sales Representative Technical Assistant Underwriter/Underwriter Trainee Starting Salary Information: Class of 2011 St. John’s undergraduate RMI majors averaged $50,833
Skills Required: Analytical and problem solving Excellent written and oral communication Knowledge of business principles in finance, accounting, marketing Detail oriented Strong math and statistical ability Able to assess risk Strong computer and software knowledgeAdditional Resources: O*NET US Department of Labor Career Guide, 2011 Insurance Careerswww.bls.gov/oco/cg/cgs028.htm Risk and Insurance Managenment Societywww.rims.org Society of Risk Management Consultantswww.srmcsociety.org American Institute of Chartered Property and Casualty Underwriterswww.aicpu.org Independent Insurance Agents & Brokers of Americawww.iiaa.org Property Casualty Insurers Association of Americawww.pciaa.net