Filed Under:Markets, Commercial Lines

Multiple Education Programs Fill Needs In A Changing RM Industry

Change and growth in risk management practices and demographics has morphed education programs, ranging from basic to master’s programs, classroom-based and online, according to education experts.

With baby boomers holding high positions in the industry leaving the workforce, those replacing them often need introductory insurance courses, said Daniel Kugler, assistant treasurer, risk management, Snap-On Inc. in Kenosha Wis., and director student involvement for the Risk and Insurance Management Society.

Where previously “you were looking for industry certifications and specialized knowledge” to advance outside of these areas, “you still need that, but they are going to look at whether you have an MBA or the ARMe designation.”

The increasing desire for those in the risk management industry to pursue a master’s program, he said, is “indicative of the influence of ERM on the industry.”

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