What have you learned during your time in this industry?
One of the major things I learned is that although the industry spans many different product lines and geographic regions, the insurance sector itself is quite small. It’s not uncommon to hear the same names and see the same faces. The insurance industry is reminiscent of Bermuda, where I was born and raised – everybody knows someone that knows someone.
Why do you think people are confused about the insurance and risk management industry?
I believe the confusion lies in the fact that most people associate aptitude in mathematics with a career in insurance. While one should possess an understanding of mathematical concepts, most lines of insurance require an underwriter to think logically and critically.
Another misconception about the insurance and risk management industry is that underwriting is the only possible job. While underwriters seem to be at the forefront of the industry (as they are the most client-facing employees), an insurance company does not function without claims personnel, accountants, actuaries, etc.
The insurance industry is working hard to dispel the confusion, by educating students before they reach the college/university level. In Bermuda specifically, education is filtering down to the middle school level, while high school students can earn the AINS designation prior to graduation.
What did you study in college?
My major was risk management and insurance. I graduated with my Bachelor of Science degree from St. John’s University in New York in 2014.