Risk Management & Insurance

Risk Management and Insurance Program
rmi student practice

Risk Management & Insurance

Graduating from ULM’s Risk Management & Insurance (RMI) program not only means you will be in one of the most sought-after majors today, it also sets you up for an exciting and lucrative career where you will have opportunities to help people manage the risks they face in business and in their day-to-day lives.

Nearly half of the risk management and insurance workforce is expected to retire by 2030 and more than 2 million people employed in the industry.  But universities aren't graduating students quickly enough to fill those needs. This means that RMI Majors are in high demand!

What do you do with a degree in RMI? The primary areas we focus on at ULM are: Brokerage, Underwriting, Claims Adjusting, Ratemaking (Actuarial).

One of our favorite areas of the insurance business is surplus lines or "specialty insurance". We like to call it "the fun stuff". Specialty insurance is insurance for risks that are too "risky" for standard insurers to assume.  Its things like oil and gas, technology risks, sports and entertainment risks, property coverage for coastal property and liability coverage for many medical providers.  

More than half of our graduates go to work for either a specialty insurer or a specialty broker or underwriter. These professionals work with independent insurance agents to help owners and managers of high risk exposures manage their risks and allow them to continue to grow their businesses and not be stopped by unknowns. 

To read more about the careers most ULM RMI students choose, take a look at our "Impact of RMI" page.

Cost of Attendance & More

Making sure your program is the right financial investment is an important part of the search process.


Risk Management & Insurance in Photos

rmi student
rmi panel
rmi career day

What sets us apart?

Internship opportunities 

Most ULM RMI majors participate in a paid industry internship before graduation.

Unique emphasis on surplus lines and reinsurance

Unique emphasis on a special area of risk management and insurance called “surplus lines and reinsurance” which focuses on managing high risks such as oil and gas, coastal property and sports & entertainment risks. 

High Demand Career

Surplus lines brokers across the country hire more graduates from our program than any program in the nation. 

Face-to-face or online curriculum 

All courses in the RMI curriculum can be taken face to face or online; the entire major can be completed online.

Job security

Most students have full-time positions secured several months before graduation.

Waive up to two CPCU exams 

Students can waive up to two of the CPCU (a premiere designation in the insurance industry) exams after completing coursework in the RMI degree.

Here are a few of the top entry-level careers in this field:

- Surplus Lines Associate Underwriter (or Underwriter Trainee)

- Commercial Lines Producer (Broker) Trainee

- Surplus Lines Associate Broker

- Workers' Compensation Claims Adjuster Trainee

- Associate Underwriter (Standard Market)

- Auto Claims Adjuster

- Personal Lines Insurance Agent Trainee

- P&C or Life Actuary

- Law School or MBA


Below is a link to the major requirements for the RMI Major:



List of programs/Activities:

• The ULM chapter of the national RMI student organization, Gamma Iota Sigma, is the Alpha Sigma chapter 


- Hosts a monthly speaker series throughout the year

- Offers networking opportunities such as industry-related events and socials with fellow students and alumni

- Provides leadership opportunities for students who hold offices and head committees

- Student trips to industry conference such as the GIS Conference, Louisiana Surplus Lines Conference and the Young Insurance Professionals of Louisiana Events

• RMI Night of Excellence held each spring

• ULM RMI Reception before Fall and Spring University Career Fairs

• Coordination with the ULM RMI Club, part of the ULM Alumni Association

- Golf Tournament in the Spring

- ULM RMI Alumni Day in fall and spring


Learn more about financial aid options: https://www.ulm.edu/financialaid/

Learn more about scholarship opportunities: https://www.ulm.edu/scholarships/

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