Risk Management and Insurance

One Year Technical Diploma

Program number: 311621

• Overview
• Admission
• Curriculum
• Careers

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.

Some of the courses for this program may be available online.

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

View the admission requirements for application deadlines, materials and requirements.

• Review the admission checklist to learn how to apply to a program or certificate at Madison College.
• Attend an Academic Information Session to get started in the admission process.
• Visit MATC to learn more about the Madison College experience, including campus tours and program open houses.

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 the Enrollment Center 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 2017-2018 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.

First Semester

10-102-134

Business Organization, Management, and Ethics

3 credits

10-104-102

Marketing Principles

3 credits

10-162-125

Intro to Property & Casualty Insurance - PreLicensing

3 credits

10-162-133

Managing Business Risks

3 credits

10-162-135

Detecting Employee Fraud

3 credits

10-804-144

Math of Finance

3 credits

Second Semester

10-104-114

Social Media Principles

3 credits

10-114-140

Investments

3 credits

10-162-126

Introduction to Loss Investigaton (AIC 33)

3 credits

10-162-131

Intro to Life & Health Insurance

3 credits

10-162-140

Risk Management and Insurance Internship

2 credits

10-801-195

Written Communication

3 credits

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