Career Trifecta: Stable, Rewarding, Limitless

In today’s global economy, organizations and individuals must respond to numerous uncertainties: property-liability loss exposures, retirement planning, employee benefit programs, cost of litigation or judgment, and various other financial risks. The practice of managing risk against significant loss and coordinating responses to the full spectrum of risks are the responsibilities of professionals in the interrelated fields of Risk Management, Insurance, & Financial Services, and Actuarial Science.

Four reasons to consider a career in insurance:

  1. Insurance is a sustainable industry. In an unstable and uncertain economy, insurance offers job security for Millennials who may be concerned about the fluctuating job market. As long as people continue to drive cars, buy homes, and have families, there will always be a need for insurance.
  2. Insurance has a strong hiring climate. The U.S. Bureau of Labor Statistics estimates that 2.6 million people in the United States work in the insurance field. With an older than average workforce, the insurance industry will need to fill at least 430,000 positions by 2020.
  3. Insurance is diverse. There is a wide range of career opportunities available to RMI/AS graduates. In addition to opportunities in underwriting and claims, insurance companies also offer careers for those interested in human resources, investment management, marketing, corporate finance, health care, big data and predictive analytics, real estate, enterprise risk management, and the public sector. RMI/AS graduates can also find a demand for their knowledge in fields such as commercial and investment banking or general business management.
  4. Insurance is a service industry. Insurance is the fastest-growing of all service industries. Working in the industry means you help individuals or businesses manage risk to protect themselves from significant losses and to anticipate potential risk problems. Often, these professionals help people understand insurance needs and policy options. This work is personally rewarding and can be financially rewarding as well.

You can find more information about career options in the RMI/AS Brochure or in the U.S. Department of Labor’s Occupational Outlook Handbook.

Industry Opportunity Newsletter

Each month, the RMI/AS program puts out an Industry Opportunity Newsletter (ION). This publication is a resource to assist students looking for available scholarships, internships, and careers. If you are an industry professional and would like to showcase some of your company’s open positions, please email Jenni Miesse.

The Most Recent IONS

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