The foundation is creating the Spencer Center for Professional Development in Risk Management and Actuarial Science with a $225,000 grant to the Department of Risk, Insurance and Healthcare Management program

PHILADELPHIA—The Spencer Educational Foundation is awarding a $225,000 grant to fund a career development center within the Department of Risk, Insurance and Healthcare Management (RIHM) at Temple University’s Fox School of Business.

The Spencer Center for Professional Development in Risk Management and Actuarial Science will offer professional development activities specific to students in RIHM. 

“We could not be happier to support this project at Temple University’s Fox School of Business,” says Megan Miller, executive director at Spencer. “Temple’s work in preparing students for careers in Risk Management and Insurance and Actuarial Science is paramount in ensuring a robust talent pipeline for our industry. We are honored to be affiliated with the career center and privileged to place the Spencer name behind these efforts.”

Professional development is a key component in the RIHM’s focus on providing students with the skills that will help them find jobs in their chosen industry after graduation and excel throughout their careers. The center will maximize those efforts with financial support for programs, operations and events.

“We are excited to partner with the Spencer Educational Foundation to further enhance our students’ professional acumen as they seek out successful and rewarding careers,” says Dr. R.B. Drennan, associate professor and chair of the Department of Risk, Insurance and Healthcare Management at the Fox School. “We are grateful for Spencer’s support, which will help us continue to transform our students into highly successful professionals.

The center will offer several different activities: 

  • Career receptions for internship opportunities and pre-graduation career opportunities,
  • Resume, interview, etiquette and writing skills workshops,
  • Industry speakers, and
  • Participation in conferences.

For more information on the center, contact Matthew Coughlin, associate director, Fox School of Business and School of Sport, Tourism and Hospitality Management, at or 215-204-5332.

About the Spencer Educational Foundation

Established in 1979, the Spencer Educational Foundation funds the education of tomorrow’s risk management and insurance leaders by awarding scholarships, facilitating internship opportunities, providing Risk Manager in Residence programs to universities, and awarding grants to help promote the industry to the next generation. For more information, visit

About the Fox School of Business

Temple University’s Fox School of Business is the largest, most comprehensive business school in the Philadelphia region and among the largest in the world, with more than 8,500 students, more than 220 full-time faculty and 70,000 alumni around the globe. The Fox School has a proud tradition of delivering innovative, entrepreneurial programs for the past 100 years. With facilities that provide access to market-leading technologies, the school fosters a collaborative and creative learning environment. Coupled with its leading student services, the Fox School ensures that its graduates are fully prepared to enter the real-world job market.

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