Associate in Risk Management Designation (ARM)
ARM delivers the skills you need.
The new ARM program teaches the in-depth knowledge needed to assess and respond to the numerous hazard risks your company faces. ARM helps employees to:
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Build a strong foundation in the science of risk management
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Gain practical skills to avoid, reduce, and manage risk
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Learn to adapt those skills to meet changing needs
ARM 54-Risk Assessment
Risk Management Programs; The Risk Management Process; Legal Foundations of Liability Loss Exposures; Assessing Property, Liability, Personnel, and Net Income Loss Exposures; Management Liability and Corporate Governance; Forecasting; Cash Flow Analysis.
ARM 55-Risk Control: Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures; Criminal Loss Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration; Fleet Operations Loss Exposures; Environmental Loss Exposures; Understanding System Safety; Motivating and Monitoring Risk Control Activities.
ARM 56-Risk Financing: Understanding Risk Financing; Insurance as a Risk Financing Technique; Insurance Plan Design; Reinsurance and Self-Insurance; Retrospective Rating Plans; Captive Insurance Plans; Finite and Integrated Risk Insurance Plans; Capital Market Risk Financing Plans; Forecasting Accidental Losses; Self-Insurance Plans; and Purchasing Insurance and Other Risk Financing Services and Risk Financing Needs.
Required texts - the Course Guide and text book for each ARM course (optional SMART study materials are also available). To obtain the study materials and register for the exams and for more information, please contact IIA at 800.644.2101 or visit their website at www.aicpcu.org.
ARM Exams are given during four 2-month-long testing windows:
January 15 - March 15
April 15 - June 15
July 15 - September 15
October 15 - December 15
