Level: Beginner
Why you need this course:
After completing this course, you’ll have a basic foundation in several of the more widely used risk management techniques, and you’ll understand how insurance works as a component in a risk management program.
Upon successful completion of this course, you should be able to:
- Describe the six steps in the risk management process.
- Describe three primary methods of identifying loss exposures.
- Explain why measuring loss frequency and loss severity is important in analyzing loss exposures.
- Describe the risk management techniques of risk control and risk financing.
- Describe the financial criteria and guidelines for selecting risk management techniques.
- Describe procedures for implementing risk management techniques.
- Describe procedures for monitoring and revising a risk management program.
- Explain the benefits of sound risk management.
- Given a case, recommend risk management techniques appropriate for an individual, a family, or a business.
Cost: $20 per Professional Development Hour (PDH). Information on PDHs provided can be found here.
Risk Management Topics Include:
- The six steps in the risk management process
- Three primary methods of identifying loss exposures
- Why measuring loss frequency and loss severity is important in analyzing loss exposures
- The risk management techniques of risk control and risk financing
- The financial criteria and guidelines for selecting risk management techniques
- Procedures for implementing risk management techniques
- Procedures for monitoring and revising a risk management program
- Benefits of sound risk management
- Risk management techniques appropriate for an individual, a family, or a business
Additional Course Resources
Additional Knowledge Solutions
E-mail: customerservice@TheInstitutes.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: The Institutes
720 Providence Road
Suite 100
Malvern, PA 19355-3433
Customer Service hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
