Risk and Insurance Management
The impact of globalization has led to the opening of insurance sector. About 30 corporate organizations like TATA, Reliance, ICICI, HDFC, Birla, etc have joined hands with renowned insurance companies of the world dealing with general & life insurance. There is an increasing need of trained and specialised personnel with knowledge of scientific theories and practices being followed in India and world wide. Insurance and risk management professionals analyze and solve problems involving loss of personal and corporate assets.
The risk management industry employs over three million people worldwide. A diploma in Risk and Insurance Management leads to careers as a risk manager, insurance broker, insurance representative, actuary, employee benefits manager, insurance underwriter, insurance claims adjustor, surveyors, claim settlers and insurance regulator. Opportunities in consulting in industries, commercial organizations, insurance companies, consulting firms etc are also open.