Bachelor in Risk Management and Insurance Top-up or Second Degree

The Bachelor of Risk Management & Insurance programme is designed for individuals who wish to build a career in areas such as organizational risk management, insurance product consulting and design, underwriting, claims assessment and inspection, enterprise risk management, regulatory compliance, life and non-life insurance, and financial safety operations. This is a field that demands high specialization, yet many graduates from traditional programmes still lack practical competencies, are unfamiliar with international risk management standards, and do not have a clearly defined career pathway after graduation.

SIMI Swiss developed this programme to address these challenges. By combining the excellence of Swiss private higher education with the UK’s Ofqual (UK.Gov) Regulated Qualifications Framework (RQF), our programme not only provides an academic qualification but also develops international professional competencies aligned with the Chartered Manager role — with an average salary of £72,623 per year in the United Kingdom.

The dual qualification from Switzerland and the United Kingdom is directly recognized by employers in both countries and globally, helping learners confidently begin their professional careers.

The SwissUK™ Bachelor’s programme integrates a Swiss Private Degree with a UK Government-recognized qualification regulated under the Regulated Qualifications Framework (RQF Level 6 – Ofqual, UK.Gov).

Bachelor in Risk Management and Insurance Top-up or Second Degree

What do you get?

Dual Awards

Earn two independent awards from SIMI Swiss and OTHM (Ofqual UK.Gov).

Accredited

Accredited by SIMI Swiss and by awarding bodies regulated under Ofqual (UK.Gov).

Recognised

Swiss Private Higher Education & UK Nationally Recognised (Ofqual RQF).

Scholarship

Up to 90% scholarship for eligible countries and disadvantaged students.

Bachelor in Risk Management and Insurance Top-up or Second Degree

Program Details

Dual Qualification with OTHM Level 6 Diploma in Business Management

The Bachelor in Risk Management and Insurance Top-up or Second Degree programme includes 7 compulsory modules +  1 Capstone Project in Risk Management and Insurance major.

Compulsory Modules:

Capstone Project in Risk Management and Insurance major (40 UK Credits)

Students apply the knowledge and skills they have acquired to develop an analytical project that assesses and proposes solutions to real issues in risk management and insurance, demonstrating full competence in (1) analysing business context, risk portfolios, financial–insurance datasets, and customer behaviour; (2) designing and evaluating enterprise risk management (ERM) models, financial risk, and strategic risk frameworks; (3) developing and implementing risk response plans and operational risk models across sectors such as insurance, finance–banking, logistics, and commerce; (4) assessing the effectiveness of insurance programs, insurance premium structures, portfolio optimisation and reinsurance; (5) ensuring regulatory compliance and adherence to legal standards in insurance, finance, and corporate governance; (6) applying technology in risk and insurance management to enhance operational efficiency and organisational competitiveness. This is also the content integrated into the 8 modules of the programme.

Upon graduation, students will receive:

  • Level 6 Diploma in Business Management from OTHM (UK government-recognized, equivalent to a Bachelor’s degree in the UK ENIC/NARIC Band 9).
  • Bachelor in Risk Management and Insurance from SIMI Swiss. 
  • Applicants who have completed two years of a university bachelor’s programme or hold a Level 4/5 Diploma in economics, management, insurance, business, logistics, risk management, or related fields, seeking to complete a Top-up Bachelor’s degree.
  • Graduates of a Bachelor’s degree in a different discipline who wish to obtain a second degree to strengthen their knowledge and career prospects in risk management and insurance.
  • Applicants without a College or Higher Education qualification, but with at least 5 years of professional experience in risk assessment, insurance operations or a related field, may apply through the APEL (Accreditation of Prior Experiential Learning) process.
  • English proficiency must be at least CEFR (Common European Framework of Reference) level B2 or IELTS 5.5

The programme is delivered through a real-time online learning model (Live Class), where learners can study and interact directly with SIMI Swiss instructors via a live broadcast learning system.

The programme follows the SIMI Swiss Direct™ model — meaning learners study directly with SIMI Swiss; it is not a joint programme, franchise, or partnership model. This ensures that learners access the original, unaltered curriculum, free from third-party risks or issues arising from unlicensed local training providers.

Bachelor in Risk Management and Insurance

Accredited & Recognised

The strength of Swiss Private Higher Education, combined with UK Nationally Recognised Qualifications.

  • Strong dual recognition: Swiss Private Degree + UK National Qualification
  • Enhanced employability in Switzerland and the UK in the field of risk management and insurance
  • Eligible for the UK Skilled Worker Visa, based on the RQF Level 6 qualification officially recognized by the UK government
  • Global recognition through compatibility between RQF/EQF frameworks and other national qualification systems(*). See more HERE
  • UK Chartered Manager Competency Standard: Easily demonstrate professional competence and meet job requirements with an average salary of £72,623 per year. See more HERE
  • Expanded opportunities for Master’s-level study internationally
(*)All qualification recognitions, top-ups, or transfers under the Swiss and UK education systems are subject to the specific policies of the receiving institution or relevant authority — verification should be conducted in advance where applicable.

About the Swiss Information and Management Institute (SIMI Swiss)

SIMI Swiss is a SwissUK™ Higher Education Institute that unites the excellence of Swiss Private Higher Education with the nationally recognised qualification framework of the United Kingdom Government, regulated by Ofqual (UK.Gov). SIMI Swiss holds full international accreditation and awards dual qualifications, combining a Swiss Private Degree with a nationally recognised qualification from the United Kingdom, upholding globally recognised academic standards. 

  • Sample degree for the Bachelor in Risk Management and Insurance from SIMI Swiss HERE.
  • Watch this video to learn how to verify SIMI Swiss’s accreditations and recognitions HERE.
  • View the complete accreditation system of SIMI Swiss HERE.

About the Ofqual UK.Gov awarding body OTHM:

  • Recognized as an organization by the educational authority of the United Kingdom, Ofqual (UK.Gov). Recognition Number: RN5284. Refer to the recognition information CLICK HERE
  • OTHM Level 6 Diploma in Business Management is accredited with the Ofqual UK.Gov code 603/2179/9. Refer to the accreditation information CLICK HERE

Reference:

  • Reference with sample diploma and transcript of OTHM Level 6 Diploma in Business Management HERE
  • Guide to checking OTHM accreditations: HERE

The Bachelor’s programme at SIMI Undergraduate SwissUK™ is an integrated programme aligned with the UK National Occupational Standards for the Chartered Manager role (see more HERE), officially recognized by the UK Government. This integration not only allows learners to earn a government-recognized Level 6 qualification, but also equips them with practical and career-ready skills.

  • Learn the competencies employers value: Beyond theory, students develop comprehensive KSBs (Knowledge, Skills, and Behaviors) based on UK professional standards.
  • Easily demonstrate competence in the workplace: Each learning outcome (L.O.) is aligned with professional criteria, allowing employers to assess and trust a candidate’s ability from the very first interview.
  • Gain early opportunities for management positions: The qualification is standardized to bachelor’s-level competencies in risk management and insurance, enabling learners to step confidently into entry-level management and supervisory roles.
  • Competitive global earnings: The Chartered Manager competency standard has an average salary of £72,623 per year in the United Kingdom.
  • Internationally recognized professional profile: The competency framework is applied by multinational corporations, facilitating cross-border career mobility.
  • Reduced risk of unemployment or career mismatch: Learners can enter the workforce immediately through an early national qualification pathway.
Key advantage over traditional Bachelor programs: While many graduates struggle to find direction after completing their studies, SwissUK™ students graduate with clearly defined professional competencies and the ability to demonstrate them confidently to employers.

Average
annual salary: £72,623

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Special
Tuition Fee Support

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Bachelor in Risk Management and Insurance

Frequently Asked Questions

Bachelor SwissUK™

The programme awards two qualifications:

  • Bachelor in Risk Management and Insurance – awarded by SIMI Swiss (Switzerland)
  • Level 6 Diploma in Business Management – awarded by OTHM (United Kingdom)

These two qualifications are fully integrated, creating maximum strength and value for graduates upon completion.

Yes.

  • The OTHM qualification is regulated by Ofqual (UK Government), ensuring national standards of quality, transparency, and compliance in the United Kingdom.
  • SIMI Swiss is an international higher education institute operating under the Swiss Private HEI model, registered and governed in the Canton of Zug. It is responsible for the academic value of its Private Degree programmes in accordance with Swiss law.
  • Check the programme on SVEB HERE.

The OTHM qualification is part of the RQF and regulated by Ofqual, and it is recognized at the Bachelor’s Degree Level within the UK education system.

References:

  • Official UK Government recognition assessment: HERE
  • Recognition of equivalency to a Bachelor’s degree in the UK and across Europe: HERE

Yes.

The SwissUK degree awarded by SIMI is recognized for employment in Switzerland without any additional procedures, as positions within the Management Group (Manager/Management) belong to the category of occupations that do not require a professional license.

UK ENIC benchmarks RQF Level 6 at Band 9, which is equivalent to a Bachelor’s degree. See more details HERE

Yes.

According to the European Qualifications Framework (EQF), RQF Level 6 is aligned with EQF Level 6. See more details HERE

Yes. It may be evaluated as equivalent to a Bachelor’s degree or Bachelor-level studies, depending on the individual application, through:

  • CICIC (Canada)
  • WES (USA/Canada)

The final outcome depends on the purpose of the evaluation and the independent assessment conducted by these agencies. See more details HERE

Yes.

The qualification integrates the competency standards for the Chartered Manager role – Occupational Code LAR402 under the UK occupational framework. See more details HERE

According to labor market data from the United Kingdom, the average annual salary for the Management and Administration group (which includes manager roles aligned with this programme) is £72,623 per year. See more details HERE

Yes.

According to the Statement of Changes to the UK Immigration Rules (effective 2025), the minimum qualification level for the Skilled Worker Visa has been raised to RQF Level 6.

A qualification at RQF Level 6 meets the mandatory academic requirement.

See more details HERE

Yes. Learners are eligible to apply for postgraduate programmes such as:

  • MBA (Master of Business Administration)
  • MSc in Risk Management / Insurance / Financial Risk / Compliance & Governance
  • MSc in Management / Leadership & People Development

Reference: Recognition of RQF/EQF Level 6 as a Bachelor’s degree under international education standards. See more details: HERE

Yes.

  • SIMI Swiss provides consular legalization services for its qualifications. See more HERE.
  • OTHM offers an online qualification verification system via QR Code. See more HERE.

Information regarding the programme, qualifications, accreditation, and recognition is sourced from official publications of the UK Government, regulatory authorities, and other relevant competent organizations. The content is accurate at the time of publication but may change without prior notice based on updates to policies and regulations issued by these authorities.

Although frameworks for recognition, cross-recognition, and equivalency are established on transparent and verifiable criteria, each country, ministry, department, or receiving institution may apply its own regulations during the evaluation and recognition process. Therefore, learners are strongly advised to verify recognition requirements directly with the relevant authority or institution before using the qualification for any specific purpose.

In accordance with principles of transparency and jurisdictional compliance, SIMI Swiss, OTHM, and all related parties do not make any commitment or representation regarding qualification recognition, equivalency, immigration status, or professional licensing in any country, ministry, department, or regulatory body.

This information is provided to ensure accuracy and transparency in public communication, consistent with international standards and best practices in academic disclosure.

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