Intermediate Risk Practitioner

Abilities and Knowledge

  • Strong company and industry knowledge
  • Strong business skills (accounting, finance, legal, human resources, information technology
  • Project management
  • Process management experience
  • Basic knowledge of Mergers & Acquisitions and due diligence
  • Developing vendor management skills
  • Business continuity planning
  • Advanced safety, claims and reserving knowledge
  • Knowledge of actuarial processes and uses
  • Knowledge of Risk Management Information Systems functionality and reporting
  • Knowledge of insurance company rating methodologies

Skills and Attributes

  • Inquisitive
  • Influences change
  • Manages up
  • Operations knowledge
  • Teacher
  • Credible
  • Attention to detail
  • Problem solver
  • Strong analyst
  • People development
  • International knowledge
  • Trainer
  • Fine-tuning presentation skills
  • Strong negotiation techniques
  • Strong verbal communication
  • Strong written communication

Tools

  • MBA classes, working towards degree
  • Industry sessions
  • RIMS Annual Conference & Exhibition
  • Regional Conferences and RIMS Chapter meetings
  • Rotational assignments
  • www.RIMS.org
  • Risk tracking tools
  • RIMS professional development workshops
  • Online or campus studies
  • Fellow of the Insurance Institute of Canada (FIIC)
  • Fellow Chartered Insurance Professional (FCIP)

Distinguishing Features

  • Internal recognitions
  • RIMS chapter participation and recognition
  • Other business or insurance recognition
  • Known as up-and-coming Risk Manager by peers or other leaders
  • Integrating risk management with other management practices
  • Working towards or achieved RIMS Fellow® (RF) designation
  • Ability to relate risk management costs to company measures (i.e. earnings per share or dollars per square foot)
  • Communicates non-technically–does not use insurance speak
  • Understands and effectively describes company operations, exposures and culture to underwriters and other outside vendors
  • Varied experience within the company, especially other operations
  • Educates company employees on value of risk management