Business – Insurance (BIN)

Program overview

Seneca's Business – Insurance program is designed to prepare students for a rewarding career in the property and casualty (general) insurance industry. This program is offered in collaboration with the Insurance Institute of Canada, ensuring that students receive a comprehensive education that is relevant to the current market. The curriculum focuses on essential aspects of both business and insurance, providing students with the necessary skills to excel in various roles within the industry. With a strong emphasis on brokerage, underwriting, and claims, graduates will be well-equipped to meet the demands of this dynamic field.

Program structure

The Business – Insurance program is structured to be completed in 4 semesters, which equates to 2 years of full-time study. Students also have the option to pursue the program part-time, allowing for greater flexibility in managing their studies alongside other commitments.

Key features of the program structure include:

• Hybrid delivery format, combining online and in-person learning.
• Optional co-op work term for hands-on experience in the insurance field.
• Flexibility to transfer between co-op and non-co-op streams at any time.
• In-person learning requirements for certain courses.

This program is designed to provide students with a solid foundation in both theoretical knowledge and practical skills, preparing them for successful careers in the insurance industry.

Featured Experiences

The Business – Insurance program offers several unique experiences that enhance the learning journey:

• Co-op Option: Students can opt for a co-op work term, gaining valuable real-world experience in the insurance sector.
• Career Workshops: In-class workshops and one-on-one coaching are provided to help students prepare for their co-op term and future careers.
• Hybrid Learning: The program utilizes a hybrid delivery format, allowing students to engage in both online and in-person classes.
• Industry Collaboration: The program is developed in cooperation with the Insurance Institute of Canada, ensuring relevance to current industry standards.

Career Options

Graduates of the Business – Insurance program can pursue a variety of career paths in Canada, including:

• Insurance Adviser: Provide clients with advice on insurance policies and coverage options.
• Insurance Broker: Act as an intermediary between clients and insurance companies, helping clients find the best policies.
• Client Adviser: Work directly with clients to assess their insurance needs and recommend appropriate solutions.
• Insurance Co-ordinator: Manage and coordinate insurance policies and claims for organizations or clients.
• Asset Manager: Oversee and manage clients' assets, ensuring they are adequately insured and protected.
• Claims Co-ordinator: Handle and process insurance claims, ensuring timely and accurate resolution.
• Insurance Underwriter: Evaluate insurance applications and determine coverage terms and premiums.

These roles highlight the diverse opportunities available to graduates, equipping them with the skills needed to thrive in the insurance industry.

DISCLAIMER: The information above is subject to change. For the latest updates, please contact LOA Portal's advisors.