Recap: Spencer-RIMS 2023 Student Risk Management Challenge
Congratulations to the University of Wisconsin-Madison for achieving first place in the 2023 RM Challenge!
The Student Risk Management Challenge is a 7-month-long competition for students, where university teams compete to develop and present the most comprehensive risk management program based on a company’s case study. In 2023, 24 university teams from across USA, Canada, China, and India entered the competition. Eight of the teams were first-time applicants and five of the universities were Minority Serving Institutions (MSIs). The teams comprised 3-4 undergraduate students and based on the solutions they developed for the case study, the top eight teams were invited to present their strategies at the RIMS 2023 Annual Conference (RISKWORLD) in Atlanta, GA, USA.
1st Place University: University of Wisconsin-Madison
Team Name: Riskconsin Appetite
Student Team Members:
Rebecca Cox
Lauren Kelly
Jing Kai Ong
Michael Reeser
University Representative: Carl Barlett
2023 Judging Committee:
Cameron Alford - Manager, Insurance at CSL Behring
Victoria Dinh - Director of Risk Management at Anschutz Entertainment Group, Inc. (AEG)
Richard Graham - Chief Risk Officer at Southeastern Pennsylvania Transportation Authority (SEPTA)
Esequiel Nathal - Senior Risk Management & Insurance Advisor at Compass Risk Services, LLC
Petyah Pierre - Assistant Manager, Workers' Compensation at Broward County Sheriff's Office (BSO)
Jami Willingham - Risk Manager at Southern Company
2023 RM Challenge Statistics
92 Student Participants
24 University Teams
8 First-Time University Applicants
5 Minority-Serving Institutions (USA)
4 Countries
2023 RM Challenge Top 8 Teams
Appalachian State University | Boone, NC, USA
British Columbia Institute of Technology | Burnaby, Canada
California State University, Fullerton | Fullerton, CA, USA
Peking University | Beijing, China
Saint Joseph’s University | Philadelphia, PA, USA
St. Mary's University | San Antonio, TX, USA
The University of Georgia | Athens, GA, USA
University of Wisconsin-Madison | Madison, WI, USA
2023 RM Challenge News Articles
Click here to read the RIMS Press Release announcing the 2023 Top 8 University teams.
Click here to read the RIMS Press Release announcing the 2023 winning team.
2023 RM Challenge Photo Gallery
Photos of the final rounds of the student competition held at RISKWORLD 2023 in Atlanta, GA, USA.































































































































2023 RM Challenge University Participants
Appalachian State University | USA
Bowling Green State University | USA
British Columbia Institute of Technology | Canada
California State University, Fullerton | USA
Gannon University | USA
Georgia State University | USA
Illinois State University | USA
Institute of Insurance and Risk Management (IIRM) Hyderabad | India
Missouri State University | USA
National Insurance Academy, Pune | India
Peking University | China
Saint Joseph’s University | USA
Samford University | USA
St. Mary's University | USA
Temple University | USA
University of Calgary | Canada
University of Cincinnati | USA
University of Colorado, Denver | USA
University of Georgia | USA
University of Illinois at Urbana-Champaign | USA
University of North Texas | USA
University of Southern California | USA
University of Wisconsin-Madison | USA
York University | Canada
QUESTIONS?
Email our Director of External Engagement, Tandeka Nomvete, with any questions.