Insurance and Sustainable Risk Management

Insurance and Sustainable Risk Management is leading the way in shaping the future of the insurance industry. The Masters in Insurance and Sustainable Risk Management from GCU London gives students the skills that insurance professionals of the future will need.

The insurance industry is constantly changing. With advances in technology, an evolving risk landscape and a growing need for new insurance solutions in emerging markets, future insurance graduates will be required to have different skill sets to be able to respond to these challenges.

How will we insure driverless cars? Smart houses or drones? Cyber insurance? How can micro-insurance help to close the insurance gap in emerging markets? The insurance and risk management masters degree provide you with the knowledge and skills needed to adapt to a changing risk landscape as well as current social, economic and political issues, within the context of insurance and risk management.

You will gain in-depth knowledge and understanding in underwriting and claims management, the core functions of the insurance profession. Choose the Masters in Insurance and Sustainable Risk Management and take the next step in developing your technical and soft skills; identifying, forecasting and managing risk and discovering the importance and the thought-provoking nature of the insurance industry.

As a masters student at GCU London, you gain knowledge and develop skills on quantitative modelling and pricing insurance as well as developing leadership skills in managing insurance businesses. Our graduates will become managers in insurance businesses and leaders in their field of expertise.

Glasgow Caledonian University has over 30 years experience in teaching Risk Management and this new masters degree programme expands that knowledge to further specialise in Insurance Management. You will learn from teaching staff who are industry experts with extensive insurance and risk management industry experience.

Based in London, where Lloyds of London started ensuring risks more than 325 years ago from a coffee house, study with GCU London and access industry-led teaching and visits to leading insurance organisations.

Graduate opportunities

Upon successful completion of this masters degree, graduates will go on to a range of different insurance and risk management careers in a wide variety of fields including claims, underwriting, reinsurance, risk analysis and modelling.

There is currently a talent shortage both in the UK and the international insurance industry. With insurance professionals retiring and disruptive technologies and emerging markets changing the industry further, this talent shortage is expected to increase. Consequently, there is an urgent need for technically skilled insurance graduates to fill this gap worldwide.

All entry requirements listed here should be used as a guide and represent the minimum required to be considered for entry. Applicants who are made a conditional offer of a place may be asked to achieve more than is stated.

Minimum academic requirement

UK honours degree 2:2 (or equivalent) in a relevant subject, for example, risk management, insurance, banking, financial services, actuarial studies, business management, business administration, computing, natural disaster management, marketing, economics, finance, accounting, mathematics, health science, engineering, law or any other insurance and risk management-related subject.

English Language

Academic IELTS score of 6.0 (or equivalent) with no element below 5.5.

If a student does not meet the English language requirements, they may be eligible for GCU London pre-sessional English programme which is taught at London campus.

Please note: if you are from a majority English speaking country, you may not be required to provide further proof of your English Language proficiency.

Flexible entry - credit transfer and RPL

Candidates with degrees in other areas should demonstrate involvement in or familiarity with insurance and risk management practice such as employment in a relevant role or interest in transferring to this field usually established in personal statement and/or referee recommendations. However, the overriding consideration will be the Programme Leader’s assessment of the student’s ability to undertake the Programme successfully.

Professional qualifications and advanced entry

Chartered Insurance Institute’s, London (CII) Advanced Diploma in Insurance and Institute of Risk Management’s, London (IRM) International Diploma in Risk Management can be accepted in lieu of a degree.

CII, IRM and IoFA (Institute of Faculty of Actuaries) Associates and Fellows with or without work experience may enter into the programme with eligible accreditations or through accelerated route (such as Fast Track).

Candidates entering this validated programme with advanced standing through recognition of prior learning can only claim up to 50% of credits (90 credits).

Other academic and vocational qualifications

Each application to GCU is considered on an individual basis. If you do not have the typical academic entry qualifications, but can demonstrate relevant work experience and/or credits from recognised professional bodies, you may be eligible to enter this course via the University's Recognition of Prior Learning scheme.