What is the program?

The iCon University Program is designed to empower students by providing them with practical exposure and valuable connections that can inform their future career decisions within the Risk Management & Insurance (RMI) industry. By participating in conferences and industry events, students gain firsthand experience and insights into their chosen field, which enhances their ability to navigate their professional journey with confidence.

In light of the current talent crisis impacting our industry—with approximately 350,000 open jobs and significant talent acquisition costs—the iCon University Program aims to attract and retain students by offering a realistic perspective on what a career in the industry entails, moving beyond traditional classroom learning to real-world applications.

How does it work?

The program connects donors with students to enhance their conference experiences. Here’s how it works:

• Event Selection: Donors choose which industry event they want students to attend. This could involve bringing students to conferences hosted by the donor or sending them to other events where the donor will be present.

• Donor Funding: Spencer reviews the costs associated with sending students to the event. Most events typically cost around $1,000 per student, which qualifies as a tax-deductible donation to a 501(c)(3) charity. The costs include flights, hotel accommodations, ground transportation, meals, and more for students from across the USA.

• Student Selection: Spencer is responsible for selecting the students who will attend the conferences. We will identify students from across the country who would benefit the most from the experience.

• Travel Logistics: Spencer manages all travel arrangements for the students. This includes coordinating transportation to and from the conference venue, ensuring a smooth experience for all.

• Pre-Event Preparation: Before the conference, Spencer provides hands-on guidance and training to help students prepare. This includes briefing them on what to expect and clarifying their responsibilities during the event.

• Conference Program Support: Spencer assists in integrating students into the conference program. This may involve including them in opening remarks, panel discussions, or creating specific sessions tailored for students.

• On-Site Chaperoning: During the conference, Spencer chaperones the students, facilitating networking opportunities and ensuring they make the most of their experience by connecting with other attendees.

Donor Benefits

This program aims to empower students through meaningful engagement at conferences, making it an enriching opportunity for all students and donors involved!

• Direct Impact and Legacy: 

  • Shaping Future Talent: Donors directly contribute to the development of a skilled and informed future workforce. By supporting students in exploring RMI career paths, they help cultivate individuals who are better prepared to enter and innovate within our industry. 

  • Targeted Investment: Donors can see their contributions directly at work, knowing they are supporting a program that provides practical, real-world experiences, which can be more impactful than general funding. 

  • Leaving a Lasting Legacy: Donors have the opportunity to create a lasting impact on countless students' lives, helping them discover their passions and embark on fulfilling career paths in our industry.   

• Brand Visibility and Reputation: 

  • Enhanced Public Image: Associating with a reputable organization such as Spencer and the iCon University Program demonstrates a commitment to education, workforce development, and community engagement. This strengthens the donor's brand reputation as a socially responsible organization. 

  • Favorable Social Media Coverage: The program's success stories, particularly those highlighting student achievements & professional development made possible by donor support, generate positive media attention for the donors. 

• Strategic Connections and Engagement: 

  • Recruiting Top Talent: Save thousands of dollars in recruiting fees! Donors supporting this program develop future talent, which can enhance their appeal as an employer, attracting skilled and motivated soon-to-be graduates who have personally benefited from their contributions. 

  • Networking Opportunities: Spencer will create opportunities for donors to interact with the students (before, during, and even after the event), fostering valuable professional connections. 

  • Personal & Professional Satisfaction: Beyond the tangible benefits, donors experience the deep personal satisfaction of contributing to the growth and success of the next generation, knowing they are making a meaningful difference in the lives of students. 

Program Reach

Spencer has successfully empowered student engagement nationwide! To date, we have implemented the iCon University Program in the following cities:

Atlanta, GA; Boston, MA; Chicago, IL; Dallas, TX; Indianapolis, IN; Las Vegas, NV; Miami, FL; Naples, FL; New Orleans, LA; New York City, NY; Orlando, FL; Philadelphia, PA; San Diego, CA; Seattle, WA; Scottsdale, AZ; St. Louis, MO; Tampa, FL

Partnerships

Spencer is proud to collaborate with a diverse array of esteemed companies and organizations in this initiative, united in our commitment to empowering students through unforgettable experiences at RMI events:

More Details

If you have any questions or would like additional information about our iCon University Program, please email our Director of External Engagement, Tandeka Nomvete.

Student Testimonials

“Thanks to the Spencer Educational Foundation, I had the incredible opportunity to attend the Lockton 2025 Complex Risk Symposium in St. Louis, MO. This event provided a unique platform to connect with over 275 leaders in the property and casualty industry, spanning risk management, underwriting, broking, consulting, and more.

Attending this symposium not only broadened my knowledge but also transformed my perspective on what it truly means to grow within this dynamic field. I am profoundly grateful to Lockton and Spencer for opening doors for students like me!”

— Jai Shet, Student, University of Houston - Main Campus