Insurance and risk management
4–5 years- You study
- Insurance principles, Risk management
- Jobs
- Insurance specialist, Risk analyst
- Average for the business field · Age 25–29
- 8,200SAR
Average monthly pay in the business field for Saudi bachelor’s holders, GASTAT Labour Force Survey 2024 (1445–1446 AH)3; many earn less. Pay in a first job is usually lower.
Forecasts published in other countries for the occupation Insurance agents and brokers: roughly stable (US Bureau of Labor Statistics, August 2026 (Safar – Rabi' al-Awwal 1448 AH); Employment and Social Development Canada, June 2025 · Dhu al-Hijjah 1446 – Muharram 1447 AH)1,2. They are not a forecast for the Saudi market, nor by DataPulse.
Where is Insurance and risk management taught?
Taught at 6 universities: 5 government and 1 private.
Riyadh
- Imam Mohammad Ibn Saud Islamic UniversityGovernment · men and women
Makkah
- Taif UniversityGovernment
- Umm Al-Qura UniversityGovernment · men and women
- University of Business and TechnologyPrivate
Eastern Province
- Imam Abdulrahman Bin Faisal UniversityGovernment
- King Faisal UniversityGovernment
From university pages, admission guides and the Ministry’s Study in Saudi platform4. Gender is tagged where the university publishes it per programme.
Compare with…
A side-by-side view, not a judgement that one major is better. Figures are for the broad field, so two majors in one field share the same figures. Figures: bachelor’s, both sexes, 2024 (1445–1446 AH)35
| Insurance and risk management | Human resources | Health services and hospital administration |
|---|---|---|
| Field in the survey | ||
| Business, administration and law | Business, administration and law | Business, administration and law |
| Length of study | ||
| 4–5 years | 4–5 years | 4–5 years |
| Taught at | ||
| 6 universities | 24 universities | 7 universities |
| Men | ||
| Offered | Offered | Offered |
| Women | ||
| Offered | Offered | Offered |
| Holders of the field working | ||
| 91.5% | 91.5% | 91.5% |
| Unemployment in the field | ||
| 8.5% | 8.5% | 8.5% |
| Average wage in the field (SAR) | ||
| 11,491 | 11,491 | 11,491 |
| An occupation of its graduates and generative AI | ||
| gradient three of four | — | minimal exposure |
Availability for men and women from university pages and the Ministry’s programmes platform; last checked 24 October 2026 (13 Jumada al-Ula 1448 AH).
What do Insurance and risk management students learn?
How insurance works and how risks are assessed and managed in organisations.
- Insurance principles
- Risk management
- Health insurance
- Statistics
In Arabic: التأمين وإدارة المخاطر
How many years is Insurance and risk management?
4–5 years. The length may differ between universities depending on the foundation year.
What jobs do Insurance and risk management graduates do?
Examples of graduates’ jobs, not a full or ranked list. A job is an occupation; the major is one route to it:
- Insurance specialist
- Risk analyst
- Claims officer
- Insurance broker
Office work in an insurance company, with client visits now and then.
- Some travel
What do Insurance and risk management graduates earn?
GASTAT does not publish pay for each major; this is the average for the “Business, administration and law” field among Saudi bachelor’s holders, 2024 (1445–1446 AH)3.
What is unemployment in the business field?
Unemployment among Saudi graduates of the field (bachelor’s, all ages)3:
For the whole field, not this major alone. Past measurement, not a forecast.
Official decisions and signals
- The job “Insurance broker” is strongly affected by AI (3 of 4). May 2025 (Dhu al-Qa'dah – Dhu al-Hijjah 1446 AH) (occupation, not major)6
References
- US Bureau of Labor Statistics, employment projections for “Insurance sales agents” (BLS 41-3021), 2025–2035 (1446–1457 AH).
- Employment and Social Development Canada, Canadian Occupational Projection System, “Insurance agents and brokers” (COPS 63100), 2024–2033 (1445–1455 AH).
- General Authority for Statistics (GASTAT), Labour Force Survey: Saudi bachelor’s holders in “Business, administration and law”, 2024 (1445–1446 AH).
- Programme pages on university websites, last checked 26 October 2026 (15 Jumada al-Ula 1448 AH).
- International Labour Organization, global index of occupational exposure to generative AI, May 2025 (Dhu al-Qa'dah – Dhu al-Hijjah 1446 AH).
- International Labour Organization · occupation code 3321, May 2025 (Dhu al-Qa'dah – Dhu al-Hijjah 1446 AH).