To earn the actual title of risk manager, you typically need five or more years of experience, often in related fields, such as insurance or loss control consulting. Risk management is a broad field with a number of possible career paths. Additionally, supplementary certifications help with specializations and job growth. Should I get an advanced degree for an RMI career? Advanced degrees are not required for a career in risk management, but they can be useful for promotions and salary.Īdditional Requirements, Certifications, and Licenses? Some states require a licensing exam. Here’s what it takes to get into a risk management career.ĭo I need an undergraduate degree for a risk management career? Yes, preferably in risk management, business, finance management, business management, economics or accounting. Long story short, risk management skills can land you a job almost anywhere. To give you an idea of where you can work in risk management, here’s a sample list of companies with risk management professionals, from A to Z: Risk management professionals come from insurance backgrounds and work at insurance and all kinds of other companies. Ideally, you do not want a loss to occur in the first place, so risk managers analyze and implement ways to prevent losses from occurring. Risk management is essentially what should be happening to prevent insurance from even being necessary. If you’ve been browsing around our site and wondering why we always refer to “risk management and insurance,” it’s because risk management is both a separate field from insurance, as well as closely linked to it.
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