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Eastern Kentucky University

College of Business

Business 5 Risk Management and Insurance

Risk Management and Insurance

RMI Career Fair

Number 1 Ranking!

The Risk Management and Insurance program at EKU is ranked #1 by AM Best Magazine in their College Standouts Survey 2022.

A major in risk management and insurance opens a world of opportunities in Kentucky, other locations in the U.S., and abroad.

Managing risk remains essential to success as an individual and in operating a business.

Risk Management and Insurance Concentration

A Bachelor of Business Administration degree in Risk Management and Insurance offers opportunities for graduates to pursue careers with large companies, insurance agencies, or the start-up of their own business. Many challenging career possibilities are available in all parts of the world, including Underwriters, Claims Adjusters, Risk Analysts, Account Executives, Insurance Sales, and Financial Planners.

Students learn how to plan and evaluate insurance coverage for property, life, and death benefits, analyze and manage risks; plan employee benefit programs for small and large companies, and annuity and estate planning for individuals. Students also learn about operating and managing an insurance agency or large insurance company.

Risk Management and Insurance Minor

The minor consists of 18 hours including 3 hours of a required accounting course, 9 hours of required Risk Management and Insurance courses, and 6 hours of approved Risk Management and Insurance electives.

Students must earn at least 9 of the 18 hours required for the minor in residence at EKU and must earn a “C” or better in all courses for the minor.

Gamma Iota Sigma

Why Major in Risk Management and Insurance

Scholarships: Over $200,000 in scholarship money awarded to RMI majors and minors in 2023.

Student Professional Organization: Gamma Iota Sigma. Opportunity to make friends, connect with industry professionals, and feel supported in your university experience.

Travel: Conferences in Atlanta, Chicago, Dallas, Columbus, OH, and Indianapolis, IN. Study abroad to London, England, and Bermuda.

What does a RMI career look like?

  • An ever-evolving industry with countless job opportunities.
  • 100% job placement – starting salaries $55,000 to $70,000.
  • Internship placement beginning in your Sophomore year.
  • More layers to the industry than simply life, health, auto, and home insurance.
  • Helping Industry: Catastrophic events do happen. Insurance professionals help alleviate the burdens when bad things happen.
  • Every day is different. One day, you could be evaluating a multi-million dollar risk, meeting with executives from a Fortune 500 company, and then the owner of a small business the next.
  • It is more than sales. There are underwriting, claims, loss control, risk managers, actuarial, and account management jobs.
  • Recession proof industry. Insurance continues to be in high demand and needed in all industries regardless of the economy.

Robert B. Morgan Chair of Insurance

Robert B. Morgan

Robert B. Morgan

Eastern Kentucky University is a teaching institution offering a Bachelor’s of Business Administration in Insurance. The Robert B. Morgan Chair position is a Visiting Professorship or Executive in Residence. Teaching requirements will be a minimum of two undergraduate courses per semester in both the property-liability and life-health insurance areas. Previous chairs were:

Dr. Lisa Gardner

Burke A. Christensen

John Burkholder

Raymond Lee

Eastern Kentucky University is an Equal Opportunity/Affirmative Action employer. Employment Eligibility Verification required, Immigration Reform and Control Act of 1986. Minorities are encouraged to apply.

Gamma Iota Sigma – Psi Chapter

Gamma Iota Sigma – Psi Chapter at Eastern Kentucky University est. 1983
Shaping the Industry’s Future Through Talent

Through world-class programs, innovative partnerships, critical industry support, expansive campus engagement, and an unrivaled lifelong professional network, Gamma Iota Sigma leads the sustainable growth and diversification of the insurance industry’s student talent pipeline across all functional areas.

Gamma Iota Sigma is an international professional fraternity with 105 Chapters Nationwide and 5,000+ members organized to promote, encourage, and sustain student interest in insurance, risk management, and actuarial science as professions. Gamma aims to promote high moral and academic attainments and to facilitate the interaction and cooperation of educational institutions, industry, and professional organizations by fostering research, scholarship, and improved public relations.

The rationale behind establishing a national student organization, as envisioned by the founders, were:

  • A national fraternity has more prestige than a local society or club
  • It would facilitate communication and participation with chapter members throughout the country
  • By combining with others, the impact of the fraternity’s name as a visible entity would be enhanced
  • By emphasizing scholarship and leadership qualities, ties between the college membership and industry leaders would be developed, and
  • There would be a synergy of academic creativity beyond the boundaries of any given university

Visit our student organization website to learn more.

Contact Us Today!

Mr. Mike Weglarz

Mr. Michael Weglarz, CPCU
Program Director

Office BTC 175

College of Business

521 Lancaster Avenue
BTC 214, Business and Technology Center
Richmond, KY 40475
Phone: 859-622-1409 (For general inquiries)
Fax: 859-622-1413

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