Department of Finance and Insurance Risk and Insurance Management

1
Department of Finance and InsuranceRisk and
Insurance Management

• Our Graduates are
• Professional Administrators
• for Banks
• Insurance Companies,
• and more

2
Program Mission

• The Risk and Insurance Management Stream equips
  students with fundamental knowledge in insurance
  and risk management that meets the needs of the
  banking and insurance industries, and the
  challenges of the business environment in Hong
  Kong.

3
Scholarships (2008-09)

• BOCHK Charitable Foundation Scholarship (10,000)
  
• The Insurance Institute of Hong Kong Scholarship
  (5,000)
• Zurich Scholarships (10,000 x 3 awards)
• The Hong Kong Federation of Insurers Scholarships
  (20,000 x 4 awards)
• AIA Scholarship (10,000, likely 1 for RIM)
• Tokio Marine Insurance Scholarship (10,000)

4
Internships (sample for 2005-08)

• The Prudential Assurance Co., Ltd
• AXA General Insurance Hong Kong Limited
• Tanrich Financial Holdings Limited
• The Prudential-Pilot Agency
• AIA (projects financial planning intern)
• Bank of China (projects)
• Hong Kong Federation of Insurer (project)
• Student Helpers for Research in Insurance

5
Sample Employment of Graduates(2006)

• 90 of RIM students work for either Banks,
  Insurance companies, or financial institutions.
• HSBC Insurance Assistant
• HSBC Customer Service Officer
• BOC Policy Administrative Officer
• Liu Chong Hing Bank Executive Trainee
• BEA Personal Banking Representative
• Citibank Customers Service Officer

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Sample Employment of Graduates(2006)

• AIA Administrative Assistant
• AIA (Pension and Trustee) Account Executive
• ING Group Underwriting Assistant
• ING Group Claim Assistant
• Zurich Claim Assistant
• Heath Lambert Group Management Trainee
• Falcon Claim Officer

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Related Professional Qualifications

• Australian and New Zealand Institute of Insurance
  and Finance
• Certified Financial Planner
• Chartered Insurance Institute
• Life Office Management Association (LOMA)
• Office of the Commissioner of Insurance IIQE

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Exemptions

• Institute of Financial Planners of Hong Kong
• Australian and New Zealand Institute of Insurance
  and Finance

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Program Structure in RIM Stream

• Stream Courses
• RIM200 Principles of Risk Management
• RIM201 Principles of Insurance
• RIM202 Fundamentals of Actuarial Science
• Stream Electives Courses (6 credits)
• RIM250 Personal Risk and Financial Planning
• RIM350 Life and Health Insurance
• RIM351 Property and Liability Insurance
• RIM352 Reinsurance
• RIM354 International Insurance Market
• FIN300 Investment Portfolio Management

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RIM Graduates Comments

• Risk and insurance management is a very unique
  subject because Lingnan University is the only
  university in Hong Kong that provides a
  full-fledged insurance management programme.
• KWAN, Ka Keung
• American International Assurance Company
  (Bermuda) Ltd.
• Administrative Assistant

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RIM Graduates Comments

• Once people hear you are working in an
  insurance company, they probably think that you
  are an agent. This is an obvious misconception.
  In fact, Insurance is a professional industry
  which involves many specialties such as
  underwriting and claims officer.
• WONG, Nga Yee
• Falcon Insurance Company (HK) Ltd.
• Claims Officer

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RIM Graduates Comments

• Insurance is a huge and professional industry.
  A fresh graduate majoring in RIM is in extreme
  demand by insurance companies. I strongly believe
  that many nice jobs are waiting for you.
• LEUNG, Shuk Wah
• Bank of China Group Insurance Company Ltd.
• Policy Administrative Officer