The right education is key to a solid career foundation for students looking to pursue a career in the risk management and insurance (RMI) field and universities with strong RMI programs make great starting points for companies seeking to recruit next-gen talent.

In addition to offering a range of subjects to pursue, insurance careers also offer a stable income as the average salary for risk professionals has increased more than 12% since 2019, according to a survey by RIMS.

The survey also found U.S. executives with the title and responsibilities most closely aligning with "Director of Insurance" and "Risk Management" saw nearly a $19,000 salary increase over the two-year period, which is the largest increase among those surveyed.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]