Risk Management and Insurance

  • Believe It: Gannon has the only Risk Management degree in the region.

    • Graduates work for Bayer Corporation, Ralston-Purina and Allegheny Technologies as members of their risk management operations.
    • A recent Gannon finance student in risk management courses, was chosen by GEICO for their Executive-in-Training program.
    • Several Gannon graduates hold high-level positions within the Erie Insurance Group.

    You Will Learn

    The Erie area's long history with the insurance industry makes a risk management program a natural offering. Risk management students will achieve basic competency with the principles and mechanics of life insurance, health insurance, financial planning and employee benefits products. Graduates will have the training and knowledge necessary for a career in business and industrial risk management within the property and casualty insurance industry.

    You Will Experience

    Risk management majors can obtain internship positions with property and casualty insurance companies or their representatives in specialties such as:

    • insurance company commercial underwriting
    • insurance company personal lines underwriting
    • insurance company claims center operations
    • insurance agency service representative
    • insurance company enterprise risk management
    • risk manager for public service and non-profit organizations
    • risk managers for major corporations

    You Will Achieve

    Career opportunities include, but are not limited to, the following:

    • commercial premium auditor
    • customer service representative
    • field claims adjustor
    • inside claims adjustor
    • insurance agent or broker
    • insurance fraud investigator
    • specialty claims adjustor
    • underwriting assistant
    • workers compensation claims adjustor
    • worker's compensation payroll auditor

    You will Study

    Students obtaining a degree in business administration are able to choose from ten majors including accounting, entrepreneurship, finance, healthcare management, international management, management, marketing, risk management, sport management and marketing or supply chain management. The collaborative curriculum allows students to take courses in the various majors, including courses such as:

    ENTR 310: Organizational Innovation

    This course examines how individuals and organizations innovate. This is accomplished by studying organizations of all sizes to see what can be learned about the creative process of innovation, specifically around idea generation, evaluation and implementation. By the end of the semester, students will have identified and evaluated several product, service and non-profit ideas of their own.

    FINC 419: International Investments

    This course reviews and presents an analysis of the major investment vehicles, the instruments, the market, as well as the concepts of techniques used to analyze investments in a global context.

    SMGT 370: Principles of Sports Management

    This course covers the business of sport, including ethics in sport management, managing employee diversity in the sports industry, organizational theory and the study of sport, sport governance, international sport governance, basic law applied to sport, economics and sport, accounting and budgeting, financing sport, sponsorship, and group decision making and problem solving.

    Liberal Studies Core

    The Liberal Studies Core Curriculum is one reflection of Gannon University's commitment to its Catholic identity. The Core's design offers students a defined, integrated, shared experience as the foundation for their undergraduate program.

    You Will Earn

    Salaries in the industry vary depending on the location and type of organization.

    • Starting salary: $43,500
    • Mid-year salary: $71,000

    All salary information is compiled from data gathered from the Bureau of Labor Statistics (bls.gov) and/or PayScale (payscale.com).