EKU Risk Management & Insurance
If you’re searching for a stable rewarding career that offers a variety of interesting paths, the Insurance Studies Program at Eastern Kentucky University can help prepare you for one of the greatest career opportunities you may not have considered. When you explore all of the career options you can pursue with a degree in Insurance Studies, we think you’ll be excited about the possibilities awaiting you.
The recent economic crisis had a devastating impact on many businesses, but the insurance industry, while not completely untouched, emerged from the financial disturbance steady and strong. According to The United States Department of Labor Bureau of Labor Statistics,* the long-term outlook for job growth in the industry is expected to increase significantly.
As people in the baby boom generation age, the need for health insurance, long-term care insurance, annuities, and other types of financial products sold by insurance companies should increase. Additionally, general population growth will contribute toward an increased need for automobile insurance, homeowners insurance, and life insurance products. Accompanying the growth in population will be a growth in businesses, which also will have insurance needs.
Job opportunities include:
- Risk Managers
- Claims adjusters, examiners, and investigators
- Professional sales agents
- First-line supervisors/office managers
- Accountants, auditors, and bookkeepers
- Insurance claims and policy processors
- Customer service representatives
EKU’s Risk Management & Insurance Program prepares students to enter this field through a unique curriculum designed to provide a broad understanding of the roles and functions of risk-bearing institutions, knowledge of basic principles necessary for adequately managing economic risk, and the opportunity for professional advancement in the fields of risk management, insurance, and estate management. The Bachelor of Business Administration in Insurance (B.B.A.) and Bachelor of Science in Insurance (B.S.) are the only undergraduate insurance degrees in Kentucky.
In addition to rigorous coursework taught by professors with more than 50 years of combined experience in the field of insurance, students also have the opportunity for co-ops and internships for hands-on practical experience that has students ready to enter the workforce upon graduation. The Insurance Studies Program is accredited by the Association to Advance Collegiate Schools of Business (AACSB), which means that EKU delivers a first-rate program that adheres to the quality standards required by the AACSB.