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Bristol Business School
MSc Risk Management and Insurance
MSc Risk Management and Insurance

MSc Risk Management and Insurance

  • ID:UWE440566
  • Level:Master's Degree
  • Duration:
  • Intake:

Fees (GBP)

Estimated Total/program:
Apply
60
Accept letter
100
Visa
20
Fly
1

Admission Requirements

Entry Requirements

English requirements

  • (IELTS) overall score of 6.5 with 5.5 in each component.

Course Information

Please note this course is closed to new International and EU applications for September 2022 entry.

This course has earlier application acceptance and deposit( for International and EU students) deadlines due to high interest in the programme. For more information please visit Early application deadlines.

Why study this course

  • With the UK insurance market worth over £200 billion, and more than 320,000 people working within it, there are huge opportunities for graduates looking to enter the industry, particularly those with specialist knowledge and skills.
  • The MSc Risk Management and Insurance has been developed with employers, industry experts and the Chartered Insurance Institute (CII), to give you the tools to progress rapidly in this varied and fast-paced sector.
  • You'll explore how risk is managed in insurance, and how insurance companies need to work with businesses to mitigate risk and prepare for the unknown and unexpected in today's global marketplace.
  • What are the big risk challenges for businesses in the future? How are technological advances impacting our understanding of capacity to manage risk, and how are insurance companies embracing change to protect businesses in a complex global environment?
  • The course includes opportunities to visit companies and Lloyds of London to see the market in action, work on consultancy projects and attend networking events.

Why UWE Bristol

  • Drawing on our long-standing links with employers, the CII and wider industry, you'll learn from industry practitioners and apply your learning in authentic industry contexts.
  • You'll have regular access to the Bloomberg trading room on our Frenchay Campus, and work with our experienced team of academics and practitioners.
  • The course content covers a significant amount of material in the industry standard qualification (ACII), giving you a head start on further professional training.

Where can it take me

  • With huge demand for qualified insurance professionals, your skills will be highly sought after in areas such as underwriting, broking or claims management, strategic risk management, governance and insure-tec.
  • You could work in an insurance company, brokerage, at Lloyds of London, or for a global company with major risk challenges.
  • With significant scope for international work, you could also take your skills into SMEs, new ventures, broader intermediation or commercial risk.

More info: Click here

Content

The optional modules listed are those that are most likely to be available, but they may be subject to change. 

You will study:

  • Insurance Practice - This module introduces you to the three main business functions that make up the insurance market: underwriting, broking, and claims. It covers aspects such as regulatory frameworks, underwriting risk evaluation and pricing, agency and risk transfer, client relationships, settlement negotiation and identifying fraudulent claims.
  • Insurance Business Environment - This module aims to provide you with the essential underpinnings in economics, law and finance to understand and operate in the insurance marketplace. This includes the role and impact of the industry in the national and global economy, the legal structures underpinning insurance contractual liabilities and the regulatory, financial and ethical requirements within which insurance businesses operate.
  • Insurance Risk Management - This module provides a fundamental understanding of risk and risk management processes in the operational context of insurance business. This understanding is underpinned with the key theoretical models of risk management and applied in operational examples to understand and evaluate the effectiveness of decision making in practice. Real examples drawn from industry will be used to illustrate and challenge risk decisions and encourage critical evaluation of risk management applications in insurance business contexts.
  • Strategic Leadership in Insurance - This module provides a fundamental understanding of strategic leadership, planning and development, strategic business relationship management and leadership behaviours in the operational context of insurance businesses. Real examples drawn from industry will be used to illustrate and challenge leaders' decisions and encourage critical evaluation of leadership in insurance business contexts.
  • Applied Project in Insurance - The project is designed to allow you to focus on a particular aspect of insurance risk management theory or practice to carry out an in-depth study with practical relevance to the contemporary insurance industry. You will be given opportunities to interact with industry to help generate your research question and will present your project proposal to a mixed academic and industry panel.

Plus, one optional module from:

  • Environmental Risk Management 
  • Technological Innovation in Insurance
  • International Financial Crime.

This structure is for full-time students only. Part-time students study the same modules but the delivery pattern will be different. 

The University continually enhances our offer by responding to feedback from our students and other stakeholders, ensuring the curriculum is kept up to date and our graduates are equipped with the knowledge and skills they need for the real world. This may result in changes to the course. If changes to your course are approved, we will inform you. 

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Career Opportunity

Career Opportunity

With huge demand for qualified insurance professionals, your skills will be highly sought after.

You could go into careers in underwriting, broking or claims management, strategic risk management, governance or insure-tec.

You could work in an insurance company, brokerage, at Lloyds of London, or for a global company with significant risk challenges.

With significant scope for international work, you could also take your skills into SMEs, new ventures or broader intermediation and commercial risk roles.

Ability to settle

Overseas Student Health Cover

Insurance-Single: 300 GBP/year

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