Bachelor of Business Administration

Risk Management & Insurance Minor

On first impression the exciting nature of the insurance industry does not come across, but around the world, rock concerts, A-list movie stars, sport playoffs along with construction projects and oil and gas ventures all need a professional to provide a risk assessment and identify and secure an insurance policy. And if there is a crisis or natural disaster, an insurance professional will be called in to assess the situation and problem solve. If you love solving problems, the Insurance minor can set you up with an exhilarating career.

Lend a helping hand

This minor doesn’t just set you on the road to a career that is financially rewarding, but a career full of a variety of rewards. Think of the people you can help by safeguarding their financial positions, restoring order after chaos or providing on-site problem solving in a time of crisis.

Experience wanted

The Risk Management and Insurance minor prepares you with:

  • an understanding of the law, business practices and disciplines related to the insurance industry
  • a skill set that is in high demand and therefore high employability
  • insurance courses that are well-recognized and respected in the insurance industry
  • a fast track to the completion of the Chartered Insurance Professional (CIP) and Fellow Chartered Insurance Professional (FCIP) designations
  • strong interpersonal, team and networking skills

Career choices

Growth in the insurance market has been exponential and you will be in high demand. For nearly 20 years, every Insurance graduate has found a job in the industry within six months.

Your job title could be:

  • Insurance agent or broker — sell insurance policies to individuals and businesses. Agents sell policies for a single company, while brokers work with multiple companies to find the best policy for a client.
  • Claims adjuster — investigate insurance claims and determine the amount of money paid out to the claimant.
  • Underwriter — review applications for insurance coverage and determine whether the insurance company will cover an applicant.

You could also be a risk manager, marketing representative, loss control specialist
or an actuary.

Professional designation

The seven insurance courses in this program are offered in cooperation with the Insurance Institute of Canada (IIC). After completing these courses successfully — including IIC examinations — you are only three courses away from a CIP (Chartered Insurance Professional) designation.

Further education

The Bachelor of Business Administration (BBA) prepares you for Master of Business Administration (MBA) programs as well as other graduate studies.