| The Risk and Insurance Management Society, Inc. (RIMS) serves its members by proactively providing the highest quality products, services and information to manage risk effectively. What does it mean to manage risk? What does it mean to be a risk manager? The profession demands great breadth of duties and as one risk manager says, there are different definitions based on perception and based on expectation, especially in these times of heightened awareness of risks. Essentially the risk manager helps protect his or her organization both internally and externally from things that threaten its integrity. That includes the property, the assets, and the people. Applying the risk management model of risk identification, assessment, measurement, mitigation and monitoring to the satisfaction of management and governance makes risk management a vital corporate function. |
