To be an effective risk manager, you need to develop the skills that are vital to effectively controlling, assessing, and financing risk. The Associate in Risk Management (ARM) program helps you enhance your risk management skills by teaching you how to build and implement a balanced risk financing strategy using retention, transfer, and hybrids.
- Enhance contribution to organization's value by acquiring skills needed to develop effective and thorough risk assessments.
- Increase participation in risk control programs through better understanding of staff motivation.
- Support the organization's overall financial goals by learning to build and implement a balanced risk financing strategy using retention, transfer, and hybrids.
The Associate in Risk Management program consists of the three courses listed below:
ARM 54 - Risk Management Principles and Practices
ARM 55 - Risk Asessment and Treatment
ARM 56 - Risk Financing
It is best to take ARM 54 prior to taking ARM 55 or ARM 56.
We recommend ARM for: Agents/brokers, agency principals, line of business managers and executives, risk managers, and operational risk staff for banks and insurers.
Associate in Risk Management - ERM (ARM-E) Designation:
By completing ERM 57 - Enterprise-Wide Risk Management: Developing and Implementing in addition to the ARM courses listed above, you can earn the Associate in Risk Management-ERM designation. Trust us, if you haven't had the Enterprise-Wide Risk Management discussion yet, you will. And you'll need to speak the language!
Associate in Risk Management for Public Entities (ARM-P) Designation:
By completing RMPE 352 - Risk Management for Public Entities in addition to the three ARM courses listed above, you can earn the ARM-P designation.