What Is a Risk and Insurance Manager?
You need the ability to predict the future, at least to a certain extent, to succeed as a risk and insurance manager. Your job involves taking steps to identify any possible risks and potential losses that could occur as a result of a company's financial transactions. And to protect against those risks and reduce the impact of losses, you also oversee the company's insurance budget.

Basically, you study situations and try to imagine the worst case scenario, figure out how to prevent that scenario from coming to pass, and also determine how you would cope with it should the worst happen.

It's an important job, since the protection of the company's resources, income, image, and people are in your hands. You need to help keep the company stable, as safe as possible from legal liability and financial ruin. Creating a plan to avoid and handle risks also proves to insurers that your company is a safe investment.

What Education Can Help Me Become a Risk and Insurance Manager?
Your best bet is to start with a bachelor's degree in accounting, business administration, or economics. This may get you an entry level position, however to advance to a risk and insurance manager you typically need a master's degree. Whatever degree you choose to earn, it's particularly important to develop analytical and problem-solving skills, an extensive understanding of business, and to study the most recent financial analysis methods and technology. It may also help to study a foreign language and develop an understanding of international finance, since most corporations are affected by the global economy.