Risk Management and Insurance

Technical Diploma

Program number: 311621

Credits: 35

Area of Study: Business

Financial Aid Available

Estimated Program Cost:

Tuition - $4,777.50
Materials/Supplemental Costs
Other Costs
Total Estimated Program Costs*:

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. 

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.


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


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.


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


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


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