This is an introduction to risk management frameworks,
standards, and processes. Students will study risk identification and control
techniques, and insurable loss exposure. There will be an emphasis on the basic
structure of insurance policies and the benefits of insurance in personal and
commercial risk reduction.
This course is a study of the organization of insurance
entities. It examines how market and regulatory conditions influence
organizational structure, and processes and functions such as underwriting,
actuarial, claim, reinsurance, handling, audit, markets, and distribution.
Students will examine insurers’ goals and strategies.
A study of personal property and casualty insurance
policies and their role in personal risk management and financial planning. It
includes analyses of property and liability exposures for individuals and
families, provisions of personal auto and homeowners policies, and compensation
approaches. Regulation of personal and casualty insurance providers will be
discussed. Prerequisite: IRM 210.
This course is a study of the basic foundation, framework,
and key components of project management. It covers methods for managing
project scope, project cost, project evaluation and review, and project
communication. It emphasizes the role of effective project management in the
overall risk management strategies of various organizations. Prerequisite: IRM
This is a study of the provisions, coverage, and regulation
of life insurance and annuity contracts, and individual and group health
insurance products. It covers Social Security, and the key challenges and
features of disability income and long-term care. Students will examine these
policies as part of an overall plan to manage risk by individuals and
businesses. Prerequisite: IRM 210.
This course is a study of the role of commercial insurance
in risk management. It covers the provisions, coverage conditions and
regulation of commercial property and liability insurance. Students will
examine commercial risk exposure and strategies to manage overall business risk
using various insurance products. Prerequisite: IRM 210.
This is an internship placement with an insurance company
during a student’s junior or senior year. Students must complete 120 clock
hours with the organization. The practicum placement must be approved by the
student’s faculty advisor. Prerequisites: at least nine credits of IRM courses
and junior standing. Prerequisites: At least nine credits of IRM courses;