AcademicsFinance, Insurance and Real EstateRisk Management and Insurance Program

The VCU Risk Management and Insurance Program is home to a nationally recognized program that prepares students for high-demand careers in risk management, financial services and other areas of the insurance industry.

Our programs include:

Our students have access to:

  • Networking — Attending VCU RMI events and career-enhancing meetings and conferences exposes students to networking opportunities with industry leaders and professionals.
  • Scholarships — Through ongoing industry support, the RMI Program is able to offer significant scholarship funding each academic year.
  • Internships — Paid and for-credit internships with industry employers are available to students to provide real world experience AND bolster resumes.
  • Employment — Risk management insurance is a high-demand industry with 500,000 new jobs projected in the next five years.

Get Involved

The VCU Risk Management and Insurance (RMI) Lester Fellowship Program is a catalytic experience through which students explore different areas of the RMI industry during a three-month paid rotational internship program. Lester Fellows spend one month each at three RMI companies. The Fellowship connects academics to the real world, and begins to develop specific career interests and talents. Students gain exposure to different areas and job functions such as: claims processing, claims resolution, claims operations, underwriting, account management, sales and delivery process, risk services, operations, and others.
 
In summer 2022, students are working at FCCI InsuranceMarkel, and Marsh McLennan.
 

 


Gamma Iota Sigma is the international business fraternity for students pursuing careers in insurance, risk management and actuarial science. Student leaders and faculty advisors work to provide career-focused events and trainings, exposing students to industry leaders. Active GIS students who are successful academically often graduate with multiple job offers in the industry. 

Current students, please check out our GIS RamsConnect page here. Questions, email graingerl@vcu.edu.


The VCU RMI Program hosts numerous events throughout the year for both students and regional RMI industry professionals. 

  • The RMI Trends Talks are virtual, quarterly events designed to keep the RMI community engaged in regular dialogue about trends, issues, and current events impacting the industry.

  • The Psychology of Money with Tom Gayner, Markel CEO and Morgan Housel, author, The Psychology of Money: February 16, 2023
  • Spencer Foundation Risk Manager on Campus: March 20 - 21, 2023
    Tracy Hwang, Director, Risk Management, Instacart



    The VCU RMI Program has received a grant from the Spencer Foundation to participate in their Risk Manager on Campus Program. During her visit in March, Ms. Hwang will attend RMI classes, speak to Gamma Iota Sigma students, and speak to students, alumni, and industry partners at a premier luncheon event.

    Drawn by the innovation that certain technology companies drive, Tracy Hwang moved to Silicon Valley to work in corporate risk and insurance at a variety of technology companies, including eBay, Uber, Postmates, and Instacart. Tracy is currently the Director, Risk Management at Instacart and leads the negotiation/ placement of the insurance program, M&A insurance, insurance policy and regulation, and certain strategic initiatives such as the evaluation of a captive. Tracy serves on the North America Client Advisory Council for a leading global insurer, and has been volunteering as a “Risk Manager on Campus” on behalf of the Spencer Foundation for several years.
     

We are thankful for industry partners who choose to participate in our Annual Program Sponsorship program. These sponsorships provide enriched experiences and valuable programming for students. Through these opportunities, valuable connections are created between our students and RMI-focused companies and organizations


The RMI Program offers retirement planning seminars taught by outside industry professionals. Learn how to manage investment risks, use new tax laws to your advantage, make informed decisions about your company retirement plan and adjust your estate plan based on new laws. This course blends financial education with life planning to help you build wealth, align your money with your values and achieve your retirement lifestyle goals.


The RMI Advisory Council partners with the RMI Program to advance the quality and relevance of its educational efforts and bring practical real world experience to the program.

This outstanding group of risk management and insurance executives benefits RMI majors by providing advice on the quality and relevance of VCU educational and research programs, offering student internships and providing counsel for our webinars and other events. Members also lecture to classes and speak at student events. Please reach out to rmi@vcu.edu if you are interested in serving on our Advisory Council.


The Around The Region newsletter is emailed every three weeks about events and career opportunities in the area. You may click the link to view it or click this link to subscribe to the newsletter.

Quote icon
  • Becoming a part of the RMI program was one of the best decisions I have made.
    Alan Castillo
    Associate Underwriter with James River Insurance Company, Class of 2016
  • Insurance is the backbone of the American economy. It is the key tool of risk management that helps to facilitate commerce.
    Kyle Samuel, CIC
    Managing Director at USI Insurance Services