Full-time Diploma 5880diplt

BCIT General Insurance and Risk Management

Note: Effective September 2016 - 2nd year classes of the General Insurance and Risk Management program will be located at the Downtown Campus.

New admission procedures. View summary of changes

The BCIT General Insurance and Risk Management diploma program works closely with the insurance industry to prepare a new generation of insurance professionals. You will manage a virtual stock portfolio, create mock insurance policies, and become familiar with automobile, property, personal, and general liability insurance coverage issues. Graduates can work in various roles at financial institutions, investment banks, and insurance corporations.

BCIT General Insurance and Risk Management students learn to:

  • Identify potential risks and create mitigation strategies
  • Investigate, evaluate, and settle insurance claims
  • Market and sell a variety of insurance products
  • Manage risk in securities, bank, and insurance underwriting
  • Interpret and explain insurance terms, conditions, and clauses

Professional Designations

Graduates of the General Insurance and Risk Management diploma program can pursue additional career building opportunities. Graduates are eligible to enter the following professional designation programs:

Level 1 Broker License

The program has been upgraded to offer our first year students who pass all courses, Broker 1 license qualifications for summer employment. This allows our first year student far greater opportunities to learn the broker side of the business between first and second year and exponentially increases the job opportunities in the local insurance marketplace.

Insurance Jobs & Careers

Graduates of the General Insurance and Risk Management diploma program have specialized insurance training to meet the high demands of the insurance industry.

Entry-Level Positions:
  • Insurance Broker
  • Risk Management Analyst
  • Junior Underwriter
  • Insurance Claims Examiner
Mid-Level Positions:
  • Manager, Risk Management
  • Insurance Product Manager
  • Commercial Underwriter
  • Insurance Claims Manager

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 BCIT’s entrance requirements

Recommended for success

  • It is strongly recommended that you assess your fundamental mathematical skills. The Mathematics Self-Diagnostic Test [PDF] is voluntary. If you find these problems difficult, we strongly recommend that you attend OPMT 0199. You should be able to do this exercise in about an hour, after which you should compare your answers with the correct ones supplied. If you scored less than 20 out of 26 correct, you should seriously consider upgrading your mathematical skills.

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, BCIT 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 BCIT and want to apply to an advanced level?

    Applications are accepted throughout the year. You must 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 BCIT or elsewhere and want to apply to an advanced level?

    BCIT accepts complete applications starting:

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

    You must submit the Course-by-Course Self-Assessment form [PDF] and proof of meeting the entrance requirements with your online application. View the Direct Entry sheet [PDF] for details.

Transfer Credit

Do you have credits from another post-secondary school?

Transfer credit may be granted for courses completed at BCIT or another post-secondary institution where the learning outcomes duplicate those of the BCIT 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 BCIT) to process the request. A maximum of two courses per level are eligible for credit through this process.

Apply to program

BCIT 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 Learning Assessment & Recognition (PLAR)

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


Within 2 business days of submitting your completed application, BCIT will send a message to your personal e-mail and your myBCIT e-mail address. All correspondence about your application will be posted to your online myCommunication account at my.bcit.ca. We'll send you an email when a new message is posted. It's important to watch for these emails, or regularly check your account online.

You can expect to receive communication concerning the status of your application within 4 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.


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
  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: 120.5

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 BCIT? Check out BCIT's Transfer Equivalency Database to find out.

Program Details

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 BCIT 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
3700 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 BCIT'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

Professional Designation

Many graduates from the General Insurance and Risk Management program go on to receive a professional designation. In the past year we had:

  • 14 grads receive a CIP (2 with honours)

Job Opportunities

The General Insurance and Risk Management program will prepare candidates for a variety of careers in the general insurance industry including:

  • insurance sales representatives
  • insurance agents
  • insurance brokers
  • insurance adjusters
  • claims examiners
  • underwriting service representatives
  • property underwriters
  • marine underwriters
  • insurance underwriters
  • commercial underwriters

Graduate employment outcomes

The BCIT 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 2012-2014 BCIT Outcomes Surveys of 2011-2013 graduates and for Degree 2009-2011 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 [PDF] 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].

Graduate Certificate in Business Administration

The BCIT 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

Shaun Sinclair
Program Head, General Insurance and Risk Management
604-451-6761 | Shaun_Sinclair@bcit.ca

Debbie Flynn
Administrative Assistant
604-432-8571 | Debbie_Flynn@bcit.ca

Questions or comments?

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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). BCIT will use this information to communicate with you regarding relevant BCIT programs, courses and services. This information is only used by authorized BCIT staff. Email communication sent to and from BCIT is routed through the United States of America. If you have any questions about BCIT's collection and use of this information, please contact BCIT’s manager of Freedom of Information and Protection of 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 BCIT 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