Risk Management and Insurance Advising

View a complete list of organizations and companies that provide scholarship opportunities to underrepresented minorities within the actuarial profession.

The Society of Actuaries James C. Hickman Scholar program was established to increase the number of academic actuaries who hold a PhD and an actuarial designation, and who intend to pursue academic careers in the United States or Canada. The program is designed to provide stipends to doctoral students who will, through their studies, address research and education needs of the profession, including both the theoretical and practical aspects.

Through the generosity of the Lockton Companies in Kansas City and colleagues of the late John T. Lockton, a $500,000 scholarship fund was established for undergraduate students majoring in risk management or business administration for students with the intention of pursuing risk management and insurance as a career. If selected, a $5,000 scholarship will be awarded. In addition, an opportunity to intern at Lockton Companies will be offered to the student(s) selected for this scholarship.

The Risk Management and Insurance Society offers opportunities to strengthen your skills and knowledge in risk management and develop a competitive advantage in your career. The society awards scholarships to full-time undergraduate and graduate students, pre-dissertation students, and professionals pursuing master’s degrees part-time. Learn more.

Each year the Southeastern Actuaries Conference funds actuarial science scholarships for full-time students at universities and colleges in the Southeast who have demonstrated a commitment to pursuing a career in the actuarial field.

Through the sponsorship of the Southern Loss Association, a $1,000 scholarship will be awarded each year at the Insurance Society / Gamma Iota Sigma Spring Banquet to a student majoring in Risk Management and Insurance. To apply for these scholarships, be sure to fill out the semester scholarship application.

Through generous support from the ACE Charitable Foundation, we are pleased to award three scholarships each year which are designated as the ACE Charitable Foundation Scholarships. RMI students who are interested in being considered for these scholarships should apply through the RMI Program’s normal scholarship application process. Applications are accepted from the first day of the semester until the announced deadline. These scholarships are generally awarded at the spring meeting of the Insurance Society and Gamma Iota Sigma.

The Actuarial Foundation supports the future of the actuarial profession and fosters the best and brightest students through its scholarships.

These scholarships and programs not only offset the cost of education for individuals, but are prestigious honors. Award recipients are selected by representatives of the actuarial profession, who may one day be their peers.

The Association of Insurance Compliance Professionals (AICP) serves the insurance compliance community by promoting relationships, exchanging information, and providing learning opportunities within a dynamic regulatory environment. The AICP is dedicated to promoting regulatory competence and awareness for the improvement of regulatory compliance within the insurance industry. Three (3) $1,000.00 scholarships may be awarded annually for tuition and fees to an accredited educational institution. Scholarships are not renewable; however, a recipient may reapply.

Juniors or first-quarter seniors who are majoring in Risk Management and Insurance or Marketing are encouraged to apply for a $1,000 scholarship from the Georgia 1752 Club. Please complete the application, send a resume, description of education and career goals, and a letter of recommendation to:

Kimberly Shattuck
Scholarship Chairperson
c/o The Georgia 1752 Club
1206 Red Fox Circle
Woodstock, GA 30188

Through sponsorship from the Hobbs Group, three $1,000 scholarships will be awarded each academic year to students who are majoring in Risk Management and Insurance. Hobbs Group President & CEO, Tom Golub, was the 1997 UGA RMI Outstanding Alumnus. To apply for these scholarships, be sure to fill out the semester scholarship application.

Each year, The Institutes offer 100 scholarships for the Chartered Property Casualty Underwriter (CPCU® ) designation program as a way to give back to the industry and encourage the pursuit of professional development. An estimated cost of $4,000 per scholarship is covered for:

• Matriculation and exam fees
• CPCU textbooks
• CPCU course guides
• SMART Study Aids (include Flash Cards and Review Notes)

William Duffy was an early member of the Atlanta Association of Health Underwriters and a strong promoter of continuing education. Duffy served as one of the instructors for the first Registered Health Underwriter class held by the AAHU in 1984.

The William Duffy Scholarship was established to honor students of risk management from the University of Georgia. William Duffy understood the need for advanced education in the insurance field to help improve the quality of health coverage and the care Americans receive, and the $1,000 scholarship established in his name assists with educating a deserving student in the field of insurance.

The student will be selected using the following criteria for the William Duffy Scholarship:

• Career interest- Insurance
• A deserving full-time student
• Attending the Terry College of Business- Risk Management Major