Master'sInsurance, Risk & Actuarial Data Applications open

Master’s in Aviation and Airport Insurance Engineering

Online master's programme of 1,900 hours in Aviation and Airport Insurance Engineering. 12 modules covering aircraft risk, aviation regulation, aviation liability, aviation hull, airport insurance and safety, products and segments, underwriting and rating, claims, emerging risks and aviation risk management, with an assigned technical tutor.

Duration1900 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma

Master’s in Aviation and Airport Insurance Engineering — studying from Ireland

Ireland is an established international hub for insurance, reinsurance and captive insurance, with Dublin hosting a large concentration of insurers, brokers and actuarial functions. The Central Bank of Ireland regulates insurance undertakings and the sector's solvency and conduct requirements. Engineers and analysts in this area work on risk modelling, catastrophe analysis, pricing and data-driven underwriting, often combining technical, statistical and regulatory expertise. Professional qualifications and standards are maintained by the Society of Actuaries in Ireland and related bodies.

Fees for Ireland: €7,920 (Euro), with instalments and employer sponsorship available.

Relevant bodies in Ireland

  • Central Bank of Ireland
  • Society of Actuaries in Ireland
  • Insurance Ireland
  • Insurance Institute of Ireland

Typical roles

  • Actuarial Analyst
  • Risk Modelling Analyst
  • Insurance Data Scientist
  • Underwriting Analyst

Questions from Ireland

Which professional bodies in Ireland relate to this area, and is this qualification recognised by them?

In Ireland, actuarial work is associated with the Society of Actuaries in Ireland, and risk and data professionals may also look to bodies such as the Institute of Banking. SEIUM's qualifications are private and not accredited by any national body, so they do not confer membership or exemptions from these bodies. Confirm any exemption policies directly with the relevant institute before enrolling.

How is training like this typically viewed by employers in Ireland's insurance and risk sector?

Insurers and financial firms in Ireland generally value recognised professional qualifications most highly. A private online qualification is judged on its content and on your demonstrated skills, including your final project. Employers decide whether it is relevant to a given role, so it is best used to support existing experience rather than as a standalone credential.

What is the practical workload and language requirement for studying this online?

Programmes are taught entirely in English and delivered 100% online, so you can study from anywhere in Ireland or abroad. Workload depends on the programme length: specialist courses are 300 hours, postgraduate diplomas 800 hours and master's programmes 1,900 hours. Each student has an assigned technical tutor, and fees can be paid in instalments.

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Learning outcomes

What you will be able to do

01

Assess the technical and operational risks of aircraft.

02

Interpret the regulatory framework for civil aviation and airports.

03

Analyse liability regimes in air transport.

04

Design hull, liability and airport covers.

05

Rate aviation portfolios using exposure data.

06

Manage high-severity aviation claims.

07

Identify emerging risks in aviation and their insurability.

Profile

Who it's for

  • Aviation underwriters covering airlines, general aviation and products.
  • Airport risk managers responsible for operator and concession programmes.
  • Aviation claims managers handling hull and passenger losses.
  • Aviation insurance brokers placing risks in the London and international markets.
  • Safety analysts working with SMS and occurrence data.
  • Aviation loss adjusters assessing aircraft damage.
  • Engineering or science graduates aiming to enter aviation insurance.
Standards & tools

What you'll work with

  • Montreal Convention 1999 (air carrier liability in international carriage)
  • Regulation (EC) 785/2004 (insurance requirements for air carriers and operators)
  • Regulation (EU) 2018/1139 (common rules in civil aviation and EASA)
  • ICAO Annex 14 (aerodrome design and operations)
  • ICAO Annex 19 (safety management)
  • Regulation (EU) 139/2014 (requirements for aerodromes)
  • Regulation (EC) 261/2004 (air passenger rights)
  • Cirium
  • Python
  • Power BI
  • Advanced Excel
  • Tableau
Syllabus

12 modules · 1900 h

  1. 1.1Aircraft types and operations
  2. 1.2Main aircraft systems
  3. 1.3Flight phases and risk profile
  4. 1.4Human factors in aviation
  5. 1.5Aviation accident statistics
  6. 1.6Accident investigation and ICAO Annex 13
  7. 1.7Continuing airworthiness
  8. 1.8Maintenance and Part-145 organisations
  9. 1.9Fleet age and residual value
  10. 1.10Case study: analysis of an aviation accident report
  1. 2.1The Chicago Convention and ICAO
  2. 2.2Regulation (EU) 2018/1139 and EASA
  3. 2.3Air operations regulation
  4. 2.4Safety management systems (SMS)
  5. 2.5The Spanish Aviation Safety Agency (AESA)
  6. 2.6EU aerodrome regulations
  7. 2.7Drone regulations
  8. 2.8Civil aviation security
  9. 2.9Occurrence reporting
  10. 2.10Practical exercise: review of an operator's SMS
  1. 3.1The Montreal Convention 1999
  2. 3.2Liability towards passengers
  3. 3.3Baggage and air cargo
  4. 3.4The Rome Convention on damage to third parties on the surface
  5. 3.5Regulation (EC) 785/2004 on insurance requirements
  6. 3.6Regulation (EC) 261/2004 on passenger rights
  7. 3.7Manufacturers' liability
  8. 3.8Liability of air navigation service providers
  9. 3.9Jurisdiction and aviation litigation
  10. 3.10Workshop: calculating insurance minimums under Regulation 785/2004
  1. 4.1Hull cover on the ground and in flight
  2. 4.2Agreed value and market value
  3. 4.3Total loss and partial damage
  4. 4.4Engine hulls and spares
  5. 4.5War and allied perils
  6. 4.6AVN clauses of the London market
  7. 4.7Aircraft leasing and lenders
  8. 4.8Deductibles and excesses
  9. 4.9Valuation of repairs
  10. 4.10Case study: partial damage claim on a jet engine
  1. 5.1Airport operator's liability
  2. 5.2Handling and ground services risks
  3. 5.3Damage to aircraft on the apron
  4. 5.4Premises liability
  5. 5.5Property and business interruption
  6. 5.6Construction risks at airports
  7. 5.7Insurance for concession holders
  8. 5.8Contracts and risk transfer
  9. 5.9Insurance programmes for airport networks
  10. 5.10Practical exercise: insurance programme for a regional airport
  1. 6.1ICAO Annex 14
  2. 6.2Aerodrome certification in the EU
  3. 6.3Runway incursion risk
  4. 6.4Runway excursions and RESA
  5. 6.5Bird strike and wildlife hazards
  6. 6.6FOD and its management
  7. 6.7Apron safety
  8. 6.8Rescue and firefighting
  9. 6.9Airport emergency management
  10. 6.10Case study: wildlife hazard risk assessment
  1. 7.1Commercial airlines
  2. 7.2General and business aviation
  3. 7.3Helicopters and aerial work
  4. 7.4Manufacturers and aeronautical products
  5. 7.5Maintenance providers
  6. 7.6Drones and unmanned aircraft
  7. 7.7Urban air mobility
  8. 7.8Satellites and launch vehicles
  9. 7.9Loss-of-licence insurance
  10. 7.10Practical exercise: comparison of covers by segment
  1. 8.1Operator underwriting information
  2. 8.2Exposure: hours, cycles and passengers
  3. 8.3Operational quality and IOSA audits
  4. 8.4Loss frequency models
  5. 8.5Catastrophic losses and severity
  6. 8.6The aviation market and capacity
  7. 8.7Leaders and followers in the market
  8. 8.8The aviation market cycle
  9. 8.9Accumulation by airport
  10. 8.10Lab: rating a regional fleet
  1. 9.1Initial response after an accident
  2. 9.2Family assistance
  3. 9.3Survey of aircraft damage
  4. 9.4Technical and judicial investigation
  5. 9.5Settlement of passenger claims
  6. 9.6Recoveries against manufacturers
  7. 9.7Communication management
  8. 9.8Major losses and reinsurance
  9. 9.9Lessons learned
  10. 9.10Case study: managing a passenger claim
  1. 10.1Cybersecurity in aviation
  2. 10.2GNSS jamming and spoofing
  3. 10.3Risks in conflict-zone airspace
  4. 10.4Sustainable aviation fuels
  5. 10.5Electric and hydrogen aircraft
  6. 10.6Urban air mobility
  7. 10.7Drones near airports
  8. 10.8Pilot fatigue and health
  9. 10.9Climate change and turbulence
  10. 10.10Workshop: risk analysis of an eVTOL operation
  1. 11.1Risk map of an airline
  2. 11.2Risks of an airport operator
  3. 11.3Business continuity
  4. 11.4Contracts and indemnity clauses
  5. 11.5Captives in aviation
  6. 11.6Aviation reinsurance
  7. 11.7Risk indicators
  8. 11.8Integrating SMS and risk management
  9. 11.9Reporting to senior management
  10. 11.10Practical exercise: risk map of an airport
  1. 12.1Selection of the operator or infrastructure
  2. 12.2Applicable regulatory framework
  3. 12.3Hazard analysis
  4. 12.4Exposure and loss assessment
  5. 12.5Design of the insurance programme
  6. 12.6Mitigation measures
  7. 12.7Economic analysis
  8. 12.8Conclusions
  9. 12.9Master's Thesis report
  10. 12.10Master's Thesis: defence before a panel
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable materials, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so the programme is compatible with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Cirium, Python, Power BI, advanced Excel and Tableau, in free, academic or evaluation versions. Exercises are based on real procedures: rating airline and general aviation fleets, assessing operational risks at airports, and managing hull and passenger claims. Assessment is continuous by module, plus the final Master's Thesis.

Standards covered: Montreal Convention 1999, Regulation (EC) 785/2004, Regulation (EU) 2018/1139 (EASA), ICAO Annex 14 (Aerodromes), ICAO Annex 19 (Safety Management), Regulation (EU) 139/2014 on aerodromes and Regulation (EC) 261/2004 on air passenger rights.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of the Montreal Convention, Regulation (EC) 785/2004, EASA rules and ICAO Annexes 14 and 19 applied to real cases, not as a theoretical annex.
Industry software:Cirium, Python, Power BI, advanced Excel and Tableau, in free, academic or evaluation versions.
Master's Thesis with defence:a complete insurance programme for a real airline, operator or airport, with hazard analysis, loss assessment and mitigation measures, defended before a panel.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Operator risk analysis
Analyse the hazards and SMS of an aviation operator or airport.
Liability assessment
Calculate insurance minimums and liability exposures under applicable regulations.
Fleet rating
Rate a regional fleet using exposure and loss frequency data.
Programme design
Design the insurance programme for a regional airport with mitigation measures.
Master's Thesis
Develop a full insurance and risk programme for an operator or infrastructure, defended before a panel.
Career opportunities

Where this takes you

Aviation underwriterAirport risk managerAviation claims managerAviation insurance brokerSafety analystAviation loss adjuster
Admissions & scholarships

Requirements

  • University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
  • Internet connection and a computer capable of running the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 1,900 hours over 12–14 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Cirium, Python, Power BI, advanced Excel and Tableau, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute diploma, awarded on passing the continuous assessment and the Master's Thesis. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.

A university degree in engineering, science or architecture, or equivalent professional experience, plus a suitable computer and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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