WAEC and JAMB subject Combination for Insurance
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WAEC And JAMB Subject Combination for Insurance For 2024

WAEC And JAMB Subject Combination for Insurance – If you are looking for the perfect subject combination for insurance, then search no further.

This article will give you the importance of insurance as a course of study, the WAEC and JAMB subject combination for insurance, the schools that offer insurance, and the job positions that are available for graduates of insurance.

Lastly, we will be answering questions related to insurance so you have an idea of your course of study

WAEC and JAMB subject Combination for Insurance

Importance of Insurance 

Here are the few important of Insurance for students offering in school

  1. it builds risk management skills
  2. it also helps understand financial security
  3. it leaves students with knowledge about the insurance industry
  4. it provides various career opportunities
  5. insurance as a course of study opens up global industry relevance
  6. education of students on the legal and regulatory parts of the industry
  7. supporting and provision of financial assistance to the individuals and communities affected

WAEC Subject Combination for Insurance

This is a total of eight to nine subjects and they include

  1. English language
  2. Mathematics
  3. Government
  4. Economics
  5. Commerce
  6. financial accounting
  7. Any other two related

O’Level Results for Insurance

  1. Minimum of five and maximum of 8 or 9 credits
  2. These credits should not be obtained in more than two sittings

JAMB Subject Combination for Insurance

The subject combination for insurance is

  1. Mathematics
  2. Economics
  3. Government
  4. Commerce

Schools in Nigeria that offer Insurance 

the following are the schools in Nigeria that offer insurance

  1. University of Lagos (UNILAG)
  2. Obafemi Awolowo University (OAU)
  3. Ahmadu Bello University (ABU)
  4. University of Ibadan (UI)
  5. University of Nigeria, Nsukka (UNN)
  6. Covenant University
  7. Lagos State University (LASU)
  8. University of Benin (UNIBEN)
  9. Federal University of Technology, Akure (FUTA)
  10. University of Ilorin (UNILORIN)
  11. Bayero University Kano (BUK)
  12. Abubakar Tafawa Balewa University (ATBU)
  13. Federal University of Agriculture, Abeokuta (FUNAAB)
  14. Nnamdi Azikiwe University (UNIZIK)
  15. University of Jos (UNIJOS)
  16. Federal University of Petroleum Resources, Effurun (FUPRE)
  17. University of Port Harcourt (UNIPORT)
  18. Federal University of Technology, Minna (FUTMINNA)
  19. Usmanu Danfodiyo University (UDUSOK)
  20. Abia State University (ABSU)
  21. University of Calabar (UNICAL)
  22. Adekunle Ajasin University (AAUA)
  23. Ebonyi State University (EBSU)
  24. Federal University, Oye-Ekiti (FUOYE)
  25. Michael Okpara University of Agriculture, Umudike (MOUAU)
  26. Benue State University (BSU)
  27. Ekiti State University (EKSU)
  28. Federal University, Dutsin-Ma (FUDMA)
  29. Federal University, Lokoja (FUL)
  30. Osun State University (UNIOSUN)

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Positions where graduates of insurance can work

thinking of what next after insurance, here are the places where graduates of this field can work

  1. Insurance Underwriter
  2. Insurance Claims Adjuster
  3. Risk Analyst
  4. Actuary
  5. Insurance Broker
  6. Loss Control Specialist
  7. Claims Examiner
  8. Insurance Sales Agent
  9. Risk Manager
  10. Employee Benefits Specialist
  11. Health Insurance Specialist
  12. Reinsurance Analyst
  13. Insurance Fraud Investigator
  14. Insurance Product Manager
  15. Customer Service Representative (Insurance)
  16. Insurance Compliance Analyst
  17. Financial Analyst (Insurance)
  18. Insurance Risk Consultant
  19. Insurance Marketing Specialist
  20. Loss Prevention Specialist
  21. Pricing Analyst (Insurance)
  22. Insurance Portfolio Manager
  23. Claims Team Leader
  24. Insurance Technology Specialist
  25. Insurance Auditor
  26. Insurance Education Coordinator
  27. Surety Bond Underwriter
  28. Loss Prevention Engineer
  29. Insurance Data Analyst.
  30. Regulatory Affairs Specialist (Insurance)

Frequently Asked Questions 

What is insurance as a course of study?

Insurance is a field of study that focuses on the principles, practices, and management of risk.

It involves understanding how insurance products work, assessing and managing risks, and ensuring financial protection against unforeseen events.

What are the key topics covered in an insurance program?

Insurance programs cover risk management, underwriting, claims processing, actuarial science, insurance law, and business ethics.

What types of degrees are available in insurance?

Degrees in insurance include Bachelor’s, Master’s, and sometimes PhD programs.

Common degree titles include Bachelor of Science in Insurance, Master of Science in Risk Management and Insurance, etc.

What career opportunities are available for insurance graduates?

Graduates can pursue careers as underwriters, claims adjusters, risk analysts, actuaries, insurance brokers, and various managerial roles in insurance companies.

How long does it take to complete an insurance degree?

A bachelor’s degree takes three to four years, while a master’s program takes one to two years.

 Is an internship required during an insurance program?

Many insurance programs encourage or require internships to provide students with practical experience in the industry.

What skills do insurance programs aim to develop in students?

Insurance programs aim to develop analytical skills, risk assessment abilities, communication skills, and a strong understanding of financial principles.

Are there professional certifications for insurance graduates?

Yes, there are certifications such as Chartered Property Casualty Underwriter (CPCU), Associate in Risk Management (ARM), etc

How does insurance contribute to the economy?

By providing financial stability, encouraging investment, and mitigating the impact of unexpected events on businesses and individuals.

 I specialize in a particular type of insurance.

Yes, many insurance programs offer specializations such as health insurance, property and casualty insurance, life insurance, and more.

What is the importance of actuarial science in insurance?

Actuarial science involves assessing financial risks using mathematics and statistics. It’s crucial in pricing insurance products and ensuring the financial stability of insurance companies.

How is technology impacting the insurance industry’s

 Through innovations like InsurTech, which includes the use of artificial intelligence, blockchain, and data analytics for risk assessment and policy management.

 Are there ethical considerations in the insurance industry?

Yes, ethics play a significant role in insurance. Professionals must adhere to ethical standards in underwriting, claims processing, and client interactions.

How does insurance law impact the industry?

Insurance law governs the relationships between insurers and policyholders. It covers issues such as contract interpretation, claim disputes, and regulatory compliance.

Can I work internationally with an insurance degree?

Yes, insurance professionals with a solid education and relevant certifications can find opportunities in the international insurance market.

How does climate change impact the insurance industry?

Climate change introduces new risks, such as extreme weather events, which can impact insurance companies.

It has led to the development of climate-related insurance products.

Can I start my own insurance business after completing a degree?

While possible, starting an insurance business typically requires industry experience and a solid understanding of regulatory requirements.

How does the insurance industry contribute to social and economic development?

Insurance contributes to economic development by providing financial security, promoting investment, and facilitating recovery after unexpected events.

Conclusion

Above is the list of courses offered  by WAEC and JAMB by students who wish to study Insurance at the university

also, it includes the importance of insurance as a course of study, the job positions available to graduates of insurance, and the schools in Nigeria that offer insurance.

For more questions, you can drop a comment in the comment box below

Honour
Honour is a Digital (SEO) Content Developer at LegitSchoolInfo.com. Legit School Info is a team of Resource academicians and Consultants led by John Akpan. However, If you need personal assistance on this topic, kindly contact us.

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