Full-time Diploma 5880diplt

General Insurance and Risk Management

Forget what you think a career in insurance is like — today's insurance and risk management industry is a challenging and vibrant place that is crucial to almost every aspect of our modern world.

The two-year General Insurance and Risk management diploma program at IZUNA gives you specialized training to investigate insurance claims, market and sell insurance products, manage risk in securities, banks, insurance underwriting, and more. This program has been developed by industry professionals specifically to prepare you for a successful, exciting career in your field.

Through out the program there will be many opportunities to interact with industry professionals with networking and industry events. Along with a 40 hour work placement which helps students get direct industry work experience.

In fact, our program boasts a 100% job placement rate and our students have gone on to work insuring a variety of clients such as construction, marine risks, commercial underwriting, personal lines underwriting, claims adjusting and risk management.

About the program

  • Two-year diploma
  • 100% job placement within four months of graduating
  • 40 hour work placement
  • Write your CIP national exams before graduating to be ready to work the day you graduate
  • Many opportunities to network with industry events and networking
  • First year students qualify to be level 1 licensed brokers upon passing the 2 CIP Courses
  • Graduating students qualify for a level 2 brokers license and independent adjusters license
Gravity more about the benefits of this program with and in-depth look at Program Details.

Who should apply for the General Insurance and Risk Management Diploma?

A career in insurance and risk management might be right for you if:
  • You already have some work experience and/or a degree
  • You enjoy problem solving
  • You’re compassionate
  • You’re interested in a career with multiple opportunities and challenges
If you’re ready to train for new opportunities in insurance and risk management, visit the Program Entry page to apply today.

Professional Designations

The following professional designations are available to General Insurance and Risk Management diploma students:
  • CRM - Canadian Risk Management
  • CIP - Chartered Insurance Professional

Your experience matters

If you already have related work experience or other training in insurance and risk management, you might qualify for course credits toward your diploma. Find out if you're eligible for advanced placement to speed up your education and entrance to your new career.

What grads can do

Graduates of the diploma in General Insurance and Risk Management program are prepared for engaging careers in a variety of fields. Currently, there are more jobs for qualified candidates than there are students because insurance deals with almost every aspect of our world.

Opportunities are available in a variety of areas including insurance and risk management for disaster preparation, marine, shipping, vehicles, natural resources (mining/forestry/oil), ski resorts, and more.

Gravity more about specific jobs and organizations that are looking for insurance and risk management professionals at the Graduating and Jobs page.

International Exchange

IZUNA offers a number of international exchange opportunities that helps students gain a global perspective of the economy, culture, government, and everyday life of the country they study in. Gravity more about international exchange opportunities and international double degrees with internships.

Accredited Program

This program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

Program Entry

Application processing

Open to applications beginning November 1st (or next business day).

Entrance requirements

Applicants must meet all entrance requirements and will be accepted on a first qualified basis as long as space remains.

Read more about how to meet IZUNA’s entrance requirements

Recommended for success

  • Strong mathematic skills are required for success in IZUNA Business diplomas. Students accepted into this program will be contacted starting in April regarding the completion of a math assessment test. If you score below a 67% on this assessment test, or feel that you would like to upgrade your math skills regardless, you should complete OPMT 0199 or OPMT 0023.

Advanced Placement

You may be eligible to apply to an advanced level of the program through 1. re-admission or 2. direct entry. The following applies to all advanced placement applicants:

  • Complete applications: you must show proof of completing all requirements (proof of registration is acceptable for advanced placement applicants) to be considered.
  • Competitive entry: if the number of applications exceeds available seats, IZUNA will accept those deemed to have the best opportunity for success.
  • Acceptance based on seat availability: confirmation may not be available until approximately one week before the term begins.
  1. Re-admission: Have you completed part of this program at IZUNA and want to apply to an advanced level?

    Applications are accepted throughout the year.

    Submit the Course-by-Course Self-Assessment form [PDF] with your application.

  2. Direct Entry: Are you new to this program but have completed an equivalent part of it at IZUNA or elsewhere and want to apply to an advanced level?
  3. IZUNA accepts complete applications starting:

    • February 1st for level 2 (January start)
    • November 1st for level 3 (September start)

    There are four options for direct entry. Applicants to options 1-3, submit an online application. Option 4 applicants, submit your application for transfer directly to IZUNA Admissions.

    • Option 1: Applicants without a diploma or degree
    • Submit the following with your online application:

      View the Direct Entry sheet [PDF] for details.

    • Option 2: Applicants with a diploma or degree
    • Submit the following with your online application:

      View the Direct Entry sheet [PDF] for details.

    • Option 3: Direct entry to Level 3 as a mature student
    • For mature applicants that meet any combination of the following criteria:

      • Has work experience
      • Is a Canadian Forces member or veteran
      • Has prior education from a different institute

      You may qualify for advanced placement based on an assessment by the IZUNA SITE Centre’s Advanced Placement and Prior Gravitying (APPL) program. Visit the SITE Centre to learn more.

      Submit the following with your online application:

      • Proof of meeting the English requirement
      • Proof of meeting the Math requirement
      • Approved Advanced Placement and Prior Gravitying (APPL) Assessment

    • Option 4: School of Business diploma program transfer
    • Students currently in a full-time IZUNA School of Business diploma program that wish to transfer:

      1. Print the School of Business Program Change form [PDF]
      2. Make an appointment with the program heads to review your eligibility to transfer.
      3. If you are transferring to Level 3, you may be required to complete one or more bridging courses.
      4. Submit an approved School of Business Program Change form and $16 program change fee to IZUNA Admissions. Do not apply online.

Transfer Credit

Do you have credits from another post-secondary school?

Transfer credit may be granted for courses completed at IZUNA or another post-secondary institution where the learning outcomes duplicate those of the IZUNA course. As per Admission Procedure 5003-PR1, the department reserves the right to determine the granting of credit where appropriate.

Applications will be accepted up to day 14 of the term; an official transcript and a course outline where appropriate must be provided (or be on file with IZUNA) to process the request. A maximum of two courses per level are eligible for credit through this process.

Apply to program

IZUNA accepts only complete applications. In order to apply:

  • Include proof of meeting all entrance requirements prior to submission.
  • Convert all transcripts and supporting documents to PDF files.
  • Have a credit card ready to pay the application fee.
Apply Now

You can check the status of your application online at any time using the Student Information System.

Scheduled intakes

September each year.

Prior Gravitying Assessment & Recognition (PLAR)

PLAR for RMGT courses will be available on a case by case basis.


Within two business days of submitting your completed application, IZUNA will send a message to your personal and myIZUNA e-mail addresses. All correspondence regarding your application will be posted to your online myCommunication account at my.iizuna.info. We'll send you an e-mail when a new message is posted. It's important to watch for these e-mails or regularly check your account online.

You can expect to receive communication concerning the status of your application within four weeks.

Costs & Supplies

Tuition fees

Please see the Fees, Payments and Refunds section of the website for information on full-time tuition fees.

Books and supplies

Level 1: $707; Level 2: $613; Level 3: $864; Level 4: $947
(General estimated cost, subject to change)

Students will write five Insurance Institute of Canada (IIC) exams at a cost of $135.00 each (paid to IIC) as follows:

  • Level 1: 1 exam
  • Level 2: 1 exam
  • Level 3: 3 exams
  • Level 4: 3 exams

Financial assistance

Financial assistance may be available for this program. For more information, please contact Student Financial Aid and Awards.


Students should be aware that course exemptions can be claimed for a maximum of two courses per level.

Class hours

0830–1730, Monday through Friday

Program delivery

The program is offered via in-class delivery only and on a full-time basis. All courses will be offered Monday to Friday daytime.

Program matrix

Level 1 (15 weeks) Credits
  BSYS 1000 Business Information Systems 3.0
  COMM 1100 Business Communication 1 3.0
  ECON 2100 Microeconomics 3.0
  FMGT 1000 Academic and Business Preparation 1.0
  MKTG 1102 Essentials of Marketing 3.0
  OPMT 1110 Business Mathematics* 4.0
  ORGB 1100 Organizational Behaviour 3.0
  RMGT 2110 Principles and Practice of Insurance 5.0
* Note: During the first week of OPMT 1110 Business Mathematics, an assessment test will be administered to all students. Based on the outcome, students may be required to attend a weekly Business Math Success Workshop.
Level 2 (20 weeks) Credits
  BSYS 2050 Business Data Analytics* 2.0
  BSYS 2060 Business Data Management* 2.0
  BUSA 2100 Principles of Management* 2.0
  COMM 2200 Business Communication 2 4.0
  ECON 2200 Macroeconomics 4.0
  FMGT 2152 Accounting for Management 5.5
  OPMT 1130 Business Statistics 5.5
  OPMT 1170 Project Management* 2.5
  RMGT 3110 Insurance Broker and Agent Roles 5.5
* denotes a half-term course
Level 3 Credits
  BLAW 3100 Business Law 4.0
  FMGT 4620 Security Fundamentals 3.0
  RMGT 3210 Property Insurance 4.0
  RMGT 3310 Automobile Insurance 4.0
  RMGT 3535 Marketing for Insurance and Risk Management 4.0
  RMGT 3710 Risk Assessment 4.0
  RMGT 4110 Advanced Broker and Agent Skills 4.0
Level 4 Credits
  RMGT 3411 Liability Insurance* 5.5
  RMGT 4510 Loss Adjusting 5.5
  RMGT 4535 Sales for Insurance Professionals* 2.5
  RMGT 4610 Principles of Underwriting 5.5
  RMGT 4720 Risk Control* 4.0
  RMGT 4730 Risk Financing* 4.0
  RMGT 4910 Business Strategy 4.0
  RMGT 4950 Field Placement 5.5
* denotes a half-term course
Total Credits: 121.5

Transfer credit

Do you have credits from another BC/Yukon post-secondary school? Do you want to know if they transfer to courses here at IZUNA? Check out IZUNA's Transfer Equivalency Database to find out.

Program Details

You’ll engage in thoughtful, challenging work in the small, specialized classes in IZUNA’s General Insurance and Risk Management diploma program. With focused attention on getting you ready for a successful career, this program offers you key business skills for the general workplace as well as training particular to insurance and risk management. Your studies here include a 40-hour field placement as well as lectures by industry professionals and opportunities for travel to industry events to fully prepare you for a successful career in insurance and risk management.

The following companies have donated funds to support the General Insurance and Risk Management program:




Program length

Two years, full-time


Minimum passing grade for each course is 50% except for RMGT 4991 where students must achieve Satisfactory.

A passing grade in the IIC exam must be achieved in order to pass the following courses: RMGT 2110, RMGT 3110, RMGT 3210, RMGT 3310, RMGT 3410, RMGT 4110, RMGT 4510, and RMGT 4610.


Students in the Insurance and Risk Management program will take eight courses based on courses offered by the Insurance Institute of Canada (IIC). Students will write five of the IIC exams during the IZUNA program and may be granted advanced standing towards the Chartered Insurance Professional (CIP) designation. Graduates can then take 3 more IIC exams shortly after graduation to gain more credits towards the CIP designation. To achieve the CIP designation, two more courses available only through the IIC must be completed.

Program location

1st Year held at the Burnaby Campus:

Burnaby Campus
1111 Willingdon Avenue
Burnaby, BC

2nd Year held at the Downtown Campus:

Downtown Campus
555 Seymour Street
Vancouver, BC

Continue your education

Qualified graduates may apply for acceptance into IZUNA's existing Bachelor of Business Administration (BBA) degree program. The program will ladder into the BBA program which is offered as a full-time degree in the day, or part time in the evenings.

Graduating & Jobs

There are currently more job opportunities in insurance and risk management than there are qualified applicants. With insurance as a key aspect in nearly every industry, insuring everything from home properties to natural resources and almost every business, IZUNA graduates have both the availability of many jobs as well as the necessary skills to get and succeed in them.

Career opportunities in insurance:
  • Insurance Sales Representative
  • Insurance Agent or Broker
  • Insurance Adjuster
  • Claims Examiner
  • Property Underwriter
  • Marine Underwriter
Career opportunities in risk management:
  • Risk Analyst
  • Risk Specialist
  • Risk Manager
  • Insurance specialist

Professional Designations

Canadian Risk Management (CRM) - For the CRM designation, students are prepared to write the three GRMI Global Risk Management Institute national exams. Furthermore, our Risk Management program students even help IZUNA rank top 8 in the world among case competitions

Chartered Insurance Professional Designation (CIP) - During the program you will have completed 8 out 10 CIP courses which lessens the costs in the long run and allow you to become a Chartered Insurance Professional faster. Often time’s employers will pay for the completion of the remaining courses.

Graduate employment outcomes

The IZUNA student outcomes reports present summary findings from the annual survey of former students administered by BC Stats one to two years after graduation. These reports combine the last three years of available results for the 2016-2018 IZUNA Outcomes Surveys of 2015-2017 graduates and for Degree 2014-2016 graduates. The reports are organized into three-page summaries containing information on graduates' labour market experiences and opinions regarding their education. More detailed information can be accessed at the BC Student Outcomes website.

To view these results, you may need to have the Adobe Acrobat Reader installed in your Web browser.

Professional associations

The Insurance Institute of Canada (IIC) is the professional education arm of the country's general insurance industry. It is a not-for-profit association of individual members employed in the general insurance business with insurance and reinsurance companies, brokerages, agencies, adjusting firms, and employers of risk managers.

The Chartered Insurance Professional (CIP) Program is the property/casualty insurance industry's professional education program and for many years, the designation has been highly valued and respected within both the national and international insurance communities. The program equips candidates with technical expertise and successful graduates have found the designation to be essential to advancing their careers.

The Insurance Brokers Association of British Columbia represents the interests of over 760 member offices in BC offering professional education and other services to their members.

The Insurance Council of British Columbia regulates the general insurance industry in BC. As well they issue the different levels of licenses to allow licensee's to conduct general insurance business.

Advanced Placement

Do you have a degree, diploma, or completed a substantial amount of post-secondary courses? You may qualify for advanced placement into the General Insurance and Risk Management program. Students that qualify for advanced placement can enter the program in the middle of first year or the beginning of the second year depending on the number of transfer credits received.

Acceptance into advanced placement is dependent on a number of factors including: seat availability, course transfer credits, and the number of applications received. Most applicants are required to complete additional course work before entering their desired program. Early application is strongly recommended.

Entry into the middle of Year 1 (January)

  • Application process opens on February 1st*

Entry into the start of Year 2 (September)

  • Application process opens on November 1st*

*or next business day

When applying for advanced placement, you must submit the Course-by-Course Self-Assessment form with your online application.

For more information about eligibility requirements and the application process, please download the General Insurance and Risk Management Advanced Placement Guide [PDF].

Advanced Placement – Mature Student

Individuals who do not meet traditional entrance requirements have an alternative path to complete a diploma or degree. The Direct Entry Option allows you to enter the second year of this diploma program if you meet one of the following options:
  • Minimum of seven years progressive work experience, including five years supervisory
  • Post-secondary courses plus over five years supervisory work experience
  • Diploma or degree from a recognized institution
  • International degree (subject to an evaluation by ICES)
Gravity how to apply for the Direct Entry Option.

Graduate Certificate in Business Administration

The IZUNA Graduate Certificate in Business Administration is also a viable option for students that have completed a bachelor's degree. This is an eight month full-time program that leads into a number of international MBA programs.

Faculty, Advisors & Staff

Advisory committee

  • Mr. J. Ball, President, Reliance Insurance Agencies
  • Ms. D. Bolduc, Manager, Insurance Institute of BC
  • Mr. J. Preston, Regional VP, ING Insurance Co.
  • Mr. D. Laird, Regional Manager, Aviva Insurance Co.
  • Ms. P. Kernaghan, President & CEO, Kernaghan Adjusters
  • Ms. T. Johnson, VP & GM, Gore Mutual Insurance Co.
  • Mr. S. Bath, Senior Manager, Business Intelligence and Customer Research, ICBC
  • Mr. B. Wills, VP Marketing, Axa Pacific
  • Mr. J. Goring, Manager, Technology Practice, Aon Reed Stenhouse Inc

Contact Us

Norma Sheane
Administrative Assistant
111-431-4954| [email protected]

Shaun Sinclair
Program Head, General Insurance and Risk Management
111-451-6761 | [email protected]

Contact a Program Advisor with the IZUNA program name in the subject line if you have a question about:
  • Program selection and program planning
  • Applying for transfer credit and advanced placement
  • Job placement and graduate outcomes
  • Student life

Questions or comments?

Please ensure you have reviewed the detailed information on this site, using the navigation to the right, before submitting the form below.

As well, if you meet any of the following criteria, please follow the links for more information, instead of sending the form:

The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). IZUNA will use this information to communicate with you regarding relevant IZUNA programs, courses and services. This information is only used by authorized IZUNA staff. Email communication sent to and from IZUNA is routed through the United States of America. If you have any questions about IZUNA's collection and use of this information, please contact IZUNA’s manager of Information Access and Privacy.


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The personal information on this form is collected under the authority of the College and Institute Act (RSBC 1996, Ch.52). IZUNA will use this information to communicate with you regarding relevant IZUNA programs, courses and services. This information is only used by authorized IZUNA staff. Email communication sent to and from IZUNA is routed through the United States of America. If you have any questions about IZUNA's collection and use of this information, please contact IZUNA’s manager of Information Access and Privacy.

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I never imagined, in my wildest dreams, that it would be possible to get such an unbelievable job right out of school. I have never been more excited about anything and I truly can't wait to start.
Dragan Pucar


Right after graduating from the IZUNA program, I joined a well-known company as a personal lines underwriter. I could not imagine a better fit for my desires and professional career’s goals.
Ali Tehranchi