UWS London campus logo white
Course Search
Course Search
Enquire
Apply
Postgraduate

MSc Insurance and Risk Management

Develop your expertise in insurance and risk management, building the analytical and decision-making skills to identify, assess and manage risk across insurance, financial services and wider business sectors.
Apply Now
Download Prospectus
Postgraduate

MSc Insurance and Risk Management

Develop your expertise in insurance and risk management, building the analytical and decision-making skills to identify, assess and manage risk across insurance, financial services and wider business sectors.
Apply Now
Download Prospectus

Award

MSc

Duration

One year

Study mode

Full-time

Tuition fees

UK Fees: £16,275
International and EU Fees: £16,275

Starting dates

September, January, May

School

Business and Creative Industries

Award

MSc

Duration

One year

Study mode

Full-time

Tuition fees

UK Fees: £16,275
International and EU Fees: £16,275

Starting dates

September, January, May

School

Business and Creative Industries

Course Menu

Introduction

Course overview

MSc Insurance and Risk Management is designed for graduates who want to develop advanced knowledge of insurance, financial risk and enterprise risk management.

The course combines insurance theory with practical approaches to identifying, assessing and managing risk. You’ll explore how insurance markets and financial institutions operate, examine different types of financial and organisational risk, and develop the analytical skills to support informed decision-making.

During the course, you’ll:

  • Build your knowledge of general insurance, including underwriting, claims, pricing and regulation
  • Explore insurance practice, from customer management and contracts to distribution and strategy
  • Develop your understanding of financial and enterprise risk management
  • Analyse the role of financial institutions and intermediaries in managing risk
  • Develop quantitative, analytical and critical thinking skills
  • Build your research skills through qualitative and quantitative methods
  • Complete an independent research project focused on a contemporary issue in insurance or risk management

The course develops the analytical, research and problem-solving skills that may be relevant across a range of careers in insurance, risk management, financial services, compliance and consultancy.

Programme Information

Course structure

To achieve an MSc Insurance and Risk Management, you’ll study 180 credits, including 120 credits of taught modules and a 60-credit Research Project in Insurance and Risk Management.

Core modules

  • General Insurance 20 credits
    Explore the principles of general insurance, including underwriting, claims management, insurance products, pricing and regulatory requirements.
  • Insurance Practice 20 credits
    Develop your understanding of insurance operations, including customer management, insurance contracts, distribution channels and the role of insurance within modern economies.
  • Financial Risk Management 20 credits
    Learn how organisations identify, assess and manage financial risks and explore techniques used to support effective financial decision-making.
  • Financial Intermediation and Risk Analysis 20 credits
    Explore the role of financial institutions and intermediaries within financial markets and develop your understanding of approaches to analysing and managing organisational risk.
  • Research Methods for Accounting and Finance 20 credits
    Develop the research skills needed for independent study, including qualitative and quantitative methods, data analysis and research ethics.
  • Research Project in Insurance and Risk Management 60 credits
    Conduct an independent research project exploring a contemporary issue in insurance or risk management, applying research methods and critical analysis to your chosen topic.

Optional modules

Choose one of the following modules:

  • Audit, Ethics and Corporate Governance 20 credits
    Explore corporate governance frameworks, ethical decision-making, audit processes and accountability within modern organisations.
  • Money, Banking, and the Financial System 20 credits
    Explore financial markets, banking systems and monetary policy, and examine the role of financial institutions in supporting economic development.

Teaching and Assessment

Teaching is delivered through a combination of:

  • Interactive lectures
  • Small-group seminars
  • Practical workshops
  • Industry case studies
  • Research supervision
  • Independent learning

Throughout the course, you’ll explore contemporary issues in insurance and risk management, applying theory to practical business situations. You’ll develop your analytical and critical thinking skills while building your understanding of insurance, financial risk and enterprise risk management.

A range of assessment methods are used across the course, designed around the learning outcomes of each module. These may include:

  • Individual reports
  • Business case analyses
  • Risk management projects
  • Presentations
  • Applied quantitative assignments
  • Research proposals
  • Reflective coursework

The course concludes with a Research Project in Insurance and Risk Management, giving you the opportunity to investigate a contemporary topic in insurance or risk management and apply the research, analytical and subject knowledge developed throughout your studies.

Admissions

Entry requirements

Academic entry requirements

We welcome applications from UK and international students.

You should normally hold one of the following:

  • A 2:2 honours degree in any subject or equivalent qualification from a recognised institution
  • A postgraduate qualification at an appropriate level
  • A relevant professional qualification accepted by the University, such as a qualification from the Chartered Insurance Institute (CII)
  • A recognised pre-master's qualification at a relevant level

Applicants who do not meet the standard entry requirements may also be considered on an individual basis in line with the University's Recognition of Prior Learning requirements.

If your qualification is not listed, please contact an Admissions adviser for guidance on your eligibility to apply.

English language requirements

If your first language is not English, you must meet the University's minimum English language requirements:

  • IELTS: overall score of 6.0, with no component below 5.5
  • Or an equivalent UKVI-recognised English language qualification

For detailed information on English language entry requirements for international students, including accepted alternative qualifications and possible exemptions, please visit our English language requirements page.

Tuition Fees and Scholarships

Fees and funding

UK Students

£16,275
per year (2026/27)

Student loans and payment plans available

International and EU

£16,275
per year (2026/27)

Payment plans available

International scholarships available

Eligible international students can receive a £3,275 scholarship towards their tuition fees for the September 2026 intake.
  • Option 1: To secure your place at the University, 75% of your tuition fees must be paid before your CAS is issued. The remaining 25% must be paid before the start of your second term.
  • Option 2: Students applying from certain countries may be required to pay 100% of their tuition fees upfront and in full before enrolment.
    No early payment discount will apply. For further information, please contact an Admissions adviser.
What could my future career look like?

Career prospects

Insurance and risk management skills are relevant across the insurance, financial services and wider business sectors, where organisations need to understand, assess and manage different forms of risk.

This course is designed to develop your knowledge of insurance and risk management alongside analytical, research and decision-making skills that may be relevant to a range of professional roles.

Examples of roles where these skills may be applied include:

  • Insurance underwriter
  • Claims manager
  • Insurance broker
  • Risk analyst
  • Enterprise risk manager
  • Financial risk analyst
  • Operational risk manager
  • Compliance officer
  • Risk consultant
  • Insurance product manager
  • Reinsurance analyst
  • Corporate risk adviser
  • Financial services consultant

The knowledge and research skills developed during the course may also provide a foundation for further academic study or research in insurance, risk management and related fields.

Course Leader

Rimon Micheal
MSc Insurance and Risk Management
Support

Frequently asked questions

This course is suitable for graduates and professionals looking to develop advanced knowledge, improve career prospects or specialise in a particular subject area.

Applicants are normally expected to hold an undergraduate degree or equivalent qualification. Some courses may also consider relevant professional experience.

Yes, UWS London welcomes postgraduate students from across the world and provides support with applications, enrolment and settling into student life in London.

Most postgraduate taught courses can be completed in one year when studied full-time, although course lengths may vary depending on the programme.

Students can access academic guidance, careers support, wellbeing services and additional student support throughout their time at UWS London.

Introduction

Course overview

MSc Insurance and Risk Management is designed for graduates who want to develop advanced knowledge of insurance, financial risk and enterprise risk management.

The course combines insurance theory with practical approaches to identifying, assessing and managing risk. You’ll explore how insurance markets and financial institutions operate, examine different types of financial and organisational risk, and develop the analytical skills to support informed decision-making.

During the course, you’ll:

  • Build your knowledge of general insurance, including underwriting, claims, pricing and regulation
  • Explore insurance practice, from customer management and contracts to distribution and strategy
  • Develop your understanding of financial and enterprise risk management
  • Analyse the role of financial institutions and intermediaries in managing risk
  • Develop quantitative, analytical and critical thinking skills
  • Build your research skills through qualitative and quantitative methods
  • Complete an independent research project focused on a contemporary issue in insurance or risk management

The course develops the analytical, research and problem-solving skills that may be relevant across a range of careers in insurance, risk management, financial services, compliance and consultancy.

Programme Information

Course structure

To achieve an MSc Insurance and Risk Management, you’ll study 180 credits, including 120 credits of taught modules and a 60-credit Research Project in Insurance and Risk Management.

Core modules

  • General Insurance 20 credits
    Explore the principles of general insurance, including underwriting, claims management, insurance products, pricing and regulatory requirements.
  • Insurance Practice 20 credits
    Develop your understanding of insurance operations, including customer management, insurance contracts, distribution channels and the role of insurance within modern economies.
  • Financial Risk Management 20 credits
    Learn how organisations identify, assess and manage financial risks and explore techniques used to support effective financial decision-making.
  • Financial Intermediation and Risk Analysis 20 credits
    Explore the role of financial institutions and intermediaries within financial markets and develop your understanding of approaches to analysing and managing organisational risk.
  • Research Methods for Accounting and Finance 20 credits
    Develop the research skills needed for independent study, including qualitative and quantitative methods, data analysis and research ethics.
  • Research Project in Insurance and Risk Management 60 credits
    Conduct an independent research project exploring a contemporary issue in insurance or risk management, applying research methods and critical analysis to your chosen topic.

Optional modules

Choose one of the following modules:

  • Audit, Ethics and Corporate Governance 20 credits
    Explore corporate governance frameworks, ethical decision-making, audit processes and accountability within modern organisations.
  • Money, Banking, and the Financial System 20 credits
    Explore financial markets, banking systems and monetary policy, and examine the role of financial institutions in supporting economic development.

Teaching and Assessment

Teaching is delivered through a combination of:

  • Interactive lectures
  • Small-group seminars
  • Practical workshops
  • Industry case studies
  • Research supervision
  • Independent learning

Throughout the course, you’ll explore contemporary issues in insurance and risk management, applying theory to practical business situations. You’ll develop your analytical and critical thinking skills while building your understanding of insurance, financial risk and enterprise risk management.

A range of assessment methods are used across the course, designed around the learning outcomes of each module. These may include:

  • Individual reports
  • Business case analyses
  • Risk management projects
  • Presentations
  • Applied quantitative assignments
  • Research proposals
  • Reflective coursework

The course concludes with a Research Project in Insurance and Risk Management, giving you the opportunity to investigate a contemporary topic in insurance or risk management and apply the research, analytical and subject knowledge developed throughout your studies.

Admissions

Entry requirements

Academic entry requirements

We welcome applications from UK and international students.

You should normally hold one of the following:

  • A 2:2 honours degree in any subject or equivalent qualification from a recognised institution
  • A postgraduate qualification at an appropriate level
  • A relevant professional qualification accepted by the University, such as a qualification from the Chartered Insurance Institute (CII)
  • A recognised pre-master's qualification at a relevant level

Applicants who do not meet the standard entry requirements may also be considered on an individual basis in line with the University's Recognition of Prior Learning requirements.

If your qualification is not listed, please contact an Admissions adviser for guidance on your eligibility to apply.

English language requirements

If your first language is not English, you must meet the University's minimum English language requirements:

  • IELTS: overall score of 6.0, with no component below 5.5
  • Or an equivalent UKVI-recognised English language qualification

For detailed information on English language entry requirements for international students, including accepted alternative qualifications and possible exemptions, please visit our English language requirements page.

Tuition Fees and Scholarships

Fees and funding

UK Students

£16,275
per year (2026/27)

Student loans and payment plans available

International and EU

£16,275
per year (2026/27)

Payment plans available

International scholarships available

Eligible international students can receive a £3,275 scholarship towards their tuition fees for the September 2026 intake.
  • Option 1: To secure your place at the University, 75% of your tuition fees must be paid before your CAS is issued. The remaining 25% must be paid before the start of your second term.
  • Option 2: Students applying from certain countries may be required to pay 100% of their tuition fees upfront and in full before enrolment.
    No early payment discount will apply. For further information, please contact an Admissions adviser.
What could my future career look like?

Career prospects

Insurance and risk management skills are relevant across the insurance, financial services and wider business sectors, where organisations need to understand, assess and manage different forms of risk.

This course is designed to develop your knowledge of insurance and risk management alongside analytical, research and decision-making skills that may be relevant to a range of professional roles.

Examples of roles where these skills may be applied include:

  • Insurance underwriter
  • Claims manager
  • Insurance broker
  • Risk analyst
  • Enterprise risk manager
  • Financial risk analyst
  • Operational risk manager
  • Compliance officer
  • Risk consultant
  • Insurance product manager
  • Reinsurance analyst
  • Corporate risk adviser
  • Financial services consultant

The knowledge and research skills developed during the course may also provide a foundation for further academic study or research in insurance, risk management and related fields.

Ready to apply?

Start your application today and take the first step towards an exciting career.

Apply Now
Book a Call
Key dates
Final enquiry deadline

Tuesday 30 June

Course start date

Monday 7 September

Need help?

Our admissions team is here to answer any questions you may have.

Enquire
Download
Prospectus
full course specification
Related Programs

You might also like

Explore related programmes

MSc Finance with Data Analytics

  • One year
  • Postgraduate
View course details →

MSc Information Technology with Cloud Computing

  • One year
  • Postgraduate
View course details →

MSc Information Technology with Financial Technologies

  • One year
  • Postgraduate
View course details →

MSc Cyber Security

  • 1.5 year
  • Postgraduate
View course details →

MSc Finance with Data Analytics

  • One year
  • Postgraduate
View course details →

MSc Information Technology with Cloud Computing

  • One year
  • Postgraduate
View course details →

MSc Information Technology with Financial Technologies

  • One year
  • Postgraduate
View course details →