Empowering insurance careers

insuranceinstitute.ca/RiskManagement

Certificate Program
Risk Management

The three-course Risk Management

certificate offers insurance professionals the
opportunity to deepen their understanding
of risk in the context of insurance.

Certificate overview

Class offerings

Risk Management Risk Assessment & Risk Financing

Principles And Practices
An introduction to risk and risk
management, this course defines
four types of risk, compares
enterprise-wide versus traditional
risk management processes and
highlights financial risk.
Treatment The final course in the certificate
introduces monetizing
This course delves into the
uncertainty. This course focuses
identification and resolution of
on financing options that
risk. Students will learn analysis
are used to pay for critical
techniques to identify risk and
resources when needed.
outline alternatives to manage
risks, including transfer of Recommended Prerequisites:
risk to insurance and financial
R110: Risk Management
organizations.
Principles and Practices
Recommended Prerequisites:
R120: Practices, Risk Assessment
R110: Risk Management and Treatment
Principles and Practices

Learn More

Tools and knowledge

you need

Completion of this program will provide you with the tools and knowledge to create
Program benefits comprehensive risk management strategies for clients.

Experience Skills Understanding

Analyze risk exposures. Further your analytical skills Examine the context of risk in an
to assess risk and determine insurance role.
mitigation techniques.

Who should take

Risk Management courses?

Roles in insurance Insurance Distributors Underwriters

9 Brokers in Risk Analysis

9 Agents

9 Managing General Agents

9 Wholesalers

Operational Risk
Loss Prevention / Fraud
Management insurance

Choose either classroom or

online learning

Delivery formats

Classroom Facilitated online learning

Host Local institutes and chapters. The Insurance Institute of Canada.

Location Physical classroom environment. Any location. Course accessed via the Internet.

Learning activities occur on a specified day and time Weekly learning activities provide structure yet leave
Time
(synchronous learning). you free to log in at hours that suit your needs.

Facilitation/Instruction Live instruction/facilitation. Guided instruction/facilitation.

Plan to be online at least twice a week to complete

Learners are involved actively during lessons with
Interactivity Level activities, in addition to your reading and studying
the instructor and classmates.
time (about 6 – 8 hours a week).

Read more J Read more J

Become a CRM

Canadian Risk Management designation

The Risk and Insurance Management Society
(RIMS) recognizes The Canadian Risk
Management (CRM) designation and awarded
by the Global Risk Management Institute
(GRMI). Successful completion of Institute
courses will qualify individuals to challenge
exams leading to the CRM designation.
Students wishing to write CRM exams must
apply to GRMI.
Read about the next steps J

Contact © 2021 The Insurance Institute of Canada

to learn more about the Risk Management program
18 King Street East, 6th Floor
Toronto, ON M5C 1C4

toll free: 1-866-362-8585

Empowering insurance careers direct: 416-362-8586

insuranceinstitute.ca/RiskManagement iicmail@insuranceinstitute.ca