Spring 2027

Management of Insurance Enterprise

Functional analysis of insurance organization operations covering legal structure, marketing, management, underwriting, rating, financial analysis, rate making, and regulation.

offering recorded3 credits
Recorded instructors · Spring 2027 Benjamin Collier

Summary

1 / 6

Past student reviews · Carl Barlett

Past students noted that the class was not easy and that attendance at lectures was almost certainly required to perform well in the course.

What you’ll be able to do

  • Explain the economic role of insurance in society through various coverages.

  • Explain the major technical functions that exist within an insurance company.

  • Demonstrate how insurers utilize risk aggregation as the centerpiece of their operations.

  • Utilize insurer data and extract information from insurer financial statements.

  • Present an analysis in a confident, organized, and coherent manner.

Source: UW Guide

Grade history

↗
average GPA
letter grades
A
AB
B
BC
C
D
F

All recorded terms · compare terms & instructors

Prerequisites

Course map

(R M I 300 or 700) or declared in the Business Exchange program

RMI 640

This is a best-effort interpretation; check the catalog requirements above.

Prerequisite text tree

Professors

Spring 2027
Historical instructors & teaching patterns

CARL BARLETT is recorded teaching in Fall 2016, Spring 2017, Fall 2017, Spring 2018, Fall 2018, Spring 2019, Fall 2019, Spring 2020, Fall 2020, Fall 2022, Fall 2023. Recorded history may be incomplete and does not establish a future schedule.

DANIEL KAISER is recorded teaching in Fall 2008, Fall 2009, Spring 2011, Spring 2012, Spring 2013, Spring 2014, Fall 2021. Recorded history may be incomplete and does not establish a future schedule.

KRISTINA TALKOWSKI is recorded teaching in Spring 2022, Spring 2023, Spring 2024, Spring 2025, Spring 2026. Recorded history may be incomplete and does not establish a future schedule.

Recorded history may be incomplete and does not establish a future schedule.

Calendar & sections

Spring 2027

Schedule loads here as you scroll.

SectionModeEnrolled / capacityWaitlist
LEC 002Classroom Instruction0 / 540

Times are Central. Select a meeting for details; export includes recorded dates for the selected sections. Enrollment reflects scan time.

Meeting source records
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Student experience

the class

Past student reviews · Carl Barlett

Students described the course as engaging, featuring lectures that provide real-world value and a semester-end simulation where you run an insurance company and compete against classmates.

Recent recorded grades — Spring 2025: 3.39 GPA, 61.4% A/AB (n=44 letter grades); Fall 2025: 3.40 GPA, 70.2% A/AB (n=47 letter grades); Spring 2026: 3.38 GPA, 55.4% A/AB (n=56 letter grades).

difficulty & workload

Past student reviews · Carl Barlett

Past students noted that the class was not easy and that attendance at lectures was almost certainly required to perform well in the course.

Past student reviews · Carl Barlett

A past student found the instructor helpful for succeeding in difficult problems and appreciated the encouragement of peer collaboration and a comfortable environment for asking questions.

Topics

  • Legal organization, marketing systems, and management controls
  • Underwriting, rating, financial analysis, rate making, and regulation
  • Risk aggregation in insurance operations

Skills

  • Analyze insurance operations including underwriting, rating, and financial analysis
  • Apply risk aggregation concepts to insurance operations
  • Extract and interpret information from insurer financial statements

Grades

Latest available · Spring 2026— not enough history to project Spring 2027.

average GPA
A / AB grades
letter grades
Instructor

Grade distribution · % of letter grades

A
AB
B
BC
C
D
F

Grades over time

Through Spring 2026

More grade details Grade mix, volume & source data

Where this course fits relative to

Latest available grades · Spring 2026 · all course levels

GPA

Higher than % of other courses in this group.

Course GPAs · red marks this course’s range

letter grades

More recorded grades than % of other courses in this group.

Typical course in this group: letter grades.

About this comparison

1280 courses over the same term, each with at least 30 recorded letter grades. Cross-listed courses count once. GPA is not a measure of difficulty or teaching quality. The typical course is the median by recorded grade count; tied values are not counted as lower. Grade counts describe course scale, not unique students or typical section size.

Descriptions compare GPA with this group’s average: at least 0.20 higher or lower; otherwise close to average. Section size uses median recorded enrollment: small up to 30, mid-sized 31–99, large 100+. Lectures and discussion/lab sections are described separately.

Sources & history

UW–Madison

Catalog & offerings

Descriptions, prerequisites, and recorded course offerings.

Catalog observation history

Observations at scan time; dates do not imply when a catalog change took effect.

Download part 1
Selected offering source records
RMI 640 · Spring 2027

Management of Insurance Enterprise

Recorded 2026-10-14
Raw records 
[
  {
    "run_id": "20261014T203208-0851c9a1",
    "semester": "1274",
    "observed_at": "2026-10-14 17:50:09.728220+00:00",
    "offering_id": "1274:241:003669",
    "course_id": "RMI 640",
    "course_uid": "course_d7c87b3d681edb5ba0a727c5",
    "term_id": "1274",
    "source_course_id": "003669",
    "source_subject_id": "241",
    "title": "Management of Insurance Enterprise",
    "credits_min": 3,
    "credits_max": 3,
    "typically_offered": "Fall"
  }
]
Rate My Professors

Student reviews

Original comments behind the course and instructor summaries.

Read original reviews
Download part 1
Madgrades

Grade history

Recorded grade distributions by term, section, and instructor.

Explore recorded grades
Dataset & model

Recorded 2026-10-14

View the dataset on Hugging Face
Model outputs & technical records
Qwen/Qwen3.8-27B
LLM outputs across runs
Download part 1
Full model traces

Recorded model configuration, reasoning, and tool conversations.

Download part 1Download part 2
Model & dataset provenance 
{
  "model": "Qwen/Qwen3.8-27B",
  "model_revision": "1d4bf0f2ff6012fd82039f2fa52739d0dd7c60c0",
  "task_version": "17",
  "output_id": "c2ca060b923eff2db477734d30beccf779b5c9d70586023a8af1211ef430d5bd",
  "requirements_status": "needs_review",
  "dataset_revision": "fc1811fa52e581ea57a35c0cf3343f8740a8ffbf",
  "observed_at": "2026-10-14 17:50:09.728220+00:00"
}