Risk Management and Insurance

100%

Employed

100% of our recent graduates got a job in the industry.

100%

Student Satisfaction

100% of our recent graduates report they are satisfied with their Madison College education.

95%

Job Placement

Within six months of graduation.

Data source: Graduate Summary Report

Technical Diploma

Program Number: 311621

Credits: 35

Area of Study: Business

Delivery Method: Some Online

Program completed online and in person

Financial Aid Available

Estimated Program Cost:

Tuition - $4,861.50
Materials/Supplemental Costs
-
$601.30
Other Costs
-
$0.00
----------------
Total Estimated Program Costs*:
$5,462.80
Overview

Overview

The Risk Management & Insurance technical diploma at Madison College will teach you the basics of the insurance industry and its products, including:

  • Differentiating between property, casualty, life and health insurance products
  • Evaluating the different career opportunities available
  • Handling a claim from report to settlement
  • Identifying business hazards and the methods for managing them
  • Minimizing the potential of a loss for a business
  • Protecting a business from employee fraud
  • Understanding the types of insurance a business needs

MATC's Risk Management & Insurance program is a great addition to your professional skill set if you have already earned an associate or bachelor’s degree in Business, IT, Criminal Justice, Construction or Auto Body.

Madison College also offers continuing education in the field of insurance. Some of these courses are approved in Wisconsin for continuing education credits. Other professional-development insurance-related courses are offered through the School of Professional and Continuing Education.

Program Details

Students in the Risk Management & Insurance technical diploma program can attend full or part time.

Risk Management & Insurance classes may be offered at these Madison College campuses:

  • Madison - Truax

Explore financial aid eligibility for this program.

Your advantages at Madison College:

  • Madison College offers scholarships for credit courses. There are additional funds available specifically for the risk management and insurance courses that have been donated by various organizations within these industries. Any MATC student who is enrolled or planning to enroll in an insurance course(s) and is not receiving employer reimbursement is encouraged to apply.
  • Upon completion of Introduction Loss Investigations and Managing Business Risks, you may register for the corresponding national exam towards certification as an Associate in Claims, and/or Associate in Risk Management. These courses use material developed by The Institutes.
  • Register to take the Wisconsin Intermediary Licensing Exams after completing Intro to Property & Casualty Insurance - Pre-Liscensing and Intro to Life & Health Insurance. 
Admission

Admission

To Apply

After Acceptance

Once you are admitted into your program, review the Start of Semester Checklist to prepare for your first day of classes at MATC.

Questions?

Contact Enrollment Services at EnrollmentServices@madisoncollege.edu or (608) 246-6210.

Curriculum

Curriculum

Prospective program students, the information below reflects the basic requirements for students admitted for the 2020-2021 academic year. To learn more about Madison College, visit us.

Current program students (including newly admitted), go directly to your Degree Progress Report (also referred to as an Advising Report or Academic Requirements) to view:

  • Progress toward your specific requirements
  • Alternative (in lieu of) courses to meet specific requirements

If you have questions after reviewing your report, please see Advising Services.

Transfer

Transfer Partnerships

There are currently no Transfer Partnerships for this program. Review our Transfer Opportunities page for information on all Madison College transfer options.

Careers

Careers

The Insurance industry ranks fifth in Wisconsin’s top five industries, and pays wages approximately 69 percent higher than other industries in the state. 

Nationally, the insurance industry anticipates needing to fill 400,000 positions by the year 2020. There is a lack of educational programs in Wisconsin offering a quick and easy method to prepare students for employment in insurance and risk management fields. Madison College is the exception. Upon completion of the Risk Management & Insurance technical diploma, you may qualify for the following positions:

  • Customer Service/Account Management
  • Claims Assistant/Adjuster
  • Underwriting Assistant
  • Insurance Sales

With additional education and/or experience, graduates may find employment as a(n):

  • Underwriter
  • Claims Adjuster
  • Insurance Account Manager

Find open jobs in this industry on Wisconsin TechConnecttm

Wisconsin TechConnect Connecting Skills with Jobs

  • Graduate Summary
    Graduate Report Summary Overview

    		2019
    Number of Program Graduates1
    Number of Surveys Sent1
    Number of Surveys Returned1
    Percent of Surveys Returned100.00%
    Available for Employment1
    Percent Available for Employment100.00%
    Not in Labor Market0
    Percent Not in Labor Market0.00%
    Available for Employment

    		2019
    Graduates Employed1
    Percent of Graduates Employed100.00%
    Employed in Related Occupation1
    Percent Employed in Related Occupation100.00%
    Employed in Unrelated Occupation0
    Percent Employed in Unrelated Occupation0.00%
    Employed - No Response0
    Percent Employed - No Response0.00%
    Seeking Employment0
    Percent Seeking Employment0.00%
    Reaction To Training at Madison College

    		2019
    Student satisfaction Mean (Out of 4)4
    Number of Satisfaction Responses1
    Very Satisfied (4)1
    Percent Very Satisfied100.00%
    Satisfied (3)0
    Percent Satisfied0.00%
    Unsatisfied (2)0
    Percent Unsatisfied0.00%
    Very Unsatisfed (1)0
    Percent Very Unsatisfied0.00%
    Primary Reason for Attending Madison College

    		2019
    Number of Primary Reason Responses1
    Preparation for Getting a Job0
    Percent Preparation for Getting a Job0.00%
    Career Change0
    Percent Career Change0.00%
    Improvement of Existing Skills1
    Percent Improvement of Existing Skills100.00%
    Preparation for Further Education0
    Percent Preparation for Further Education0.00%
    Personal Interest0
    Percent Personal Interest0.00%
    Other0
    Percent Other0.00%
    When Employment was Obtained

    		2019
    Number of When Employment Obtained Responses1
    Before Enrollment0
    Percent Before Enrollment0.00%
    While Attending the College1
    Percent While Attending the College100.00%
    After Training at the College0
    Percent After Training at the College0.00%
    Location of Employment (related and unrelated)

    		2019
    Number of Employment Location Responses1
    In College District1
    Percent In College District100.00%
    In Wisconsin, Not in District0
    Percent of In Wisconsin0.00%
    Outside of Wisconsin0
    Percent Outside Wisconsin0.00%
    Employer Location Unknown0
    Percent Location Unknown0.00%
    Salary Trend
    Salary Trend2019
    Full Time Employment (Related Job)Full Time Salary Count1
    Average Monthly Wage$2,107
    Average Hourly Wage$12.25
    Average Work Hours per Week40
    Part Time Employment (Related Job)Part Time Salary Count
    Average Hourly Wage
    Average Work Hours per Week
  • Graduate Employers
    Graduate Employers for academic year: 2019
    Employer(s) Job Title City* State** Positions
    Gorichs Corporation Shift Manager Sauk City

    * - Only cities outside of Madison will display.

    ** - Only states outside of Wisconsin will display.

    *** - If you have a position to post, please contact Career and Employment Services at techconnect@madisoncollege.edu

Resources

Related Programs