Insurance

Universities
14
Programs
25
Major category
Economics

Specialization introduction

Major introduction

Insurance major teaches you to manage risk with data, making it the stable and high-paying 'behind-the-scenes player' in the financial industry.

Program overview

In the graduate stage of insurance major, you will delve into how to use mathematics, statistics, and economics to assess risk, design insurance products, and manage insurance companies. Core courses include Principles of Insurance, Actuarial Models, Risk Management, Insurance Law and Regulation, Property and Liability Insurance, Life and Health Insurance, etc. Many Chinese universities, such as the University of International Business and Economics and Southwestern University of Finance and Economics, collaborate with insurance companies, inviting industry experts to give lectures and even offering internship opportunities. This major is suitable for students with a solid math foundation, a knack for analytical thinking, and an interest in finance and risk management. If you find pure finance too 'abstract,' insurance is more grounded—because every product is backed by real data and probabilities.

Major prospects

中国保险市场是全球增长最快的之一,尤其是健康险、养老险和农业保险。随着人口老龄化,长期护理保险、年金保险需求很大;科技也在改变行业,比如用大数据做精准定价、用区块链处理理赔。国际学生可以关注‘一带一路’相关的海外保险业务,或者跨国保险公司在中国的发展。另外,精算师资格(如中国精算师、北美精算师)在中国认可度很高,考下来后职业道路会很宽。

Career prospects

毕业后主要去保险公司(如中国人寿、平安、太平洋)、再保险公司、保险经纪公司、咨询公司(如麦肯锡、德勤的风险咨询部门)、银行保险部、金融监管机构。岗位包括精算师(起薪20-40万人民币,资深更高)、核保/理赔管理(15-25万)、风险管理(15-30万)、保险产品开发(15-25万)。国际学生如果中文流利,可以进外资保险公司中国分部,或者做跨境保险业务。另外,很多公司有‘精算管培生’项目,对留学生比较友好。

Subordinate programs