What is the Redbird Risk Management Challenge?
Fun, exciting, challenging and educational...that's what the Redbird Risk Management Challenge is all about! This one week program, generally held late in the summer, is designed for top high school students entering their senior year who have interest in business careers. Throughout the week, students participate in a challenging management competition which includes experiential learning inside and outside of the classroom.
In the challenge, student-teams assume the roles of senior risk management professionals and are asked to guide their corporation through a mine field of potential disasters. Losses may occur without notice - and may cripple their corporation's ability to carry on operations. Student-teams compete against one another, each endeavoring to claim the title of The Challenge Champion while learning about careers and principles of insurance and actuarial sciences. The winning team is determined by which corporation best manages its risk and generates the most profit by the end of the week.
Aaron is majoring in Actuarial Science with the career goal of becoming a Fellow of the Casualty Actuary Society. He has earned the Certificate of Leadership and Business Acumen and is currently the Treasurer for Gamma Iota Sigma.Aaron's Testimonial:
"The Redbird Risk Management Challenge was interactive and gave me a taste of the insurance industry. I became familiar with the campus, and I saw the prestige of the Katie School. I also met the actuarial director at the challenge and learned more about actuarial careers."
Mark is majoring in Actuarial Science. He is currently pursuing the Certificate in Leadership and Business Acumen and has passed one actuarial exam.
"The Redbird Risk Management Challenge was an extremely valuable experience to have before selecting my major and attending a university. I not only learned about the insurance industry (specifically risk management and actuarial science), but also got a firsthand experience of what it is like living at a college on my own for the first time. I discovered that I liked ISU’s 'small-but-big feel' and that the Katie School has a ton of valuable resources to offer. The main purpose of attending university is to prepare yourself for a career post-graduation, and I felt confident in my decision of attending ISU with helping me meet that goal. I previously had no idea what Actuarial Science was before attending the program, but I knew I wanted to do something with math and business before selecting what major I wanted to be in college. Learning about the Katie School, ISU’s top-rated Actuarial Program, lower tuition costs, and abundance of scholarship opportunities solidified my decision in attending ISU."
Justin is majoring in Actuarial Science and has passed one actuarial exam.Justin's Testimonial:
"To describe the Redbird Risk Management Challenge experience, I would say that it was an overwhelmingly positive one! The week was full of thought-provoking lessons, games with a purpose, and fantastic food. I left the camp having made some great new friendships. I also left the week with a better understanding of the insurance industry and what the role of an actuary is in it. I discovered that the industry interested me, which is a major reason I chose to major in actuarial science. After going through the camp, I know that there are endless opportunities in the insurance industry and the actuarial profession, and I am excited to see where I end up!"