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Associate in Risk Management Foundation Courses - The Institute (USA)

Course Information

Associate in Risk Management certification programs are valuable resource for individuals looking to grow in their profession, increase their credibility and help them to start differentiating from others in competitive market.

Units Requirements

To achieve ARM designation following modules should be completed

  • ARM 54 Risk Management Principles and Practices
  • ARM 55 Risk Assessment and Treatment
  • ARM 56 Risk Financing

ARM 54 Risk Management Principles and Practices

Understand risk management principles and practices.
ARM 54 Segment A Topics:

  • Introduction to risk management
  • Risk management standards and guidelines
  • Hazard risk
  • Operational, financial, and strategic risk

ARM 54 Segment B Topics:

  • Risk management framework and process
  • Risk identification
  • Risk analysis
  • Risk treatment

ARM 54 Segment C Topics:

  • Financial statement risk analysis
  • Capital investment and financial risk
  • Monitoring and reporting on risk

ARM 55 Risk Assessment and Treatment

Learn how to effectively assess and treat risks.
ARM 55 Segment A Topics:

  • Introduction to risk assessment and treatment
  • Root cause analysis
  • Business continuity management
  • Physical property risk

ARM 55 Segment B Topics:

  • Intellectual property and reputation risk
  • Legal and regulatory risk
  • Management liability
  • Human resource risk

ARM 55 Segment C Topics:

  • Environmental risk
  • Crime and cyber risk
  • Fleet risk

ARM 56 Risk Financing

Understand the various types of risk financing techniques
ARM 56 Segment A Topics:

  • Introduction to risk financing
  • Estimating hazard risk
  • Transferring hazard risk through insurance
  • Self-insurance plans

ARM 56 Segment B Topics:

  • Retrospective rating plans
  • Reinsurance
  • Captive insurance
  • Contractual risk transfer

ARM 56 Segment C Topics:

  • Transferring financial risk
  • Transferring hazard risk to the capital markets
  • Allocating costs of managing hazard risk

Class Timings:

Course duration:
15 Classes per module spread over 8 weeks. All classes will be held in the evening from 6 - 9PM

Classes will be conducted by industry experienced qualified professionals.

  • Course Fee (Each Module) PKR. 20,000/-.
  • Early Bird PKR. 16,000/-.
  • Group Discount (3 or More) Each Participant PKR. 15,000/-.

Recommended for:

  • Insurance Agents
  • Brokers.
  • Line of business managers and executives.
  • Insurance / Risk Managers.
  • Underwriters
  • Public entity risk managers
  • Chief risk officers
  • Executives concerned with risk
  • Risk management consultants
  • Commercial lines underwriting professionals
  • Client executives in brokerage firms
  • Finance Executive

Course Benefits

  • Course exemptions in CPCU Exam offered by The Institute - USA
  • Pre-requisite for SIRM designation from Institute of Risk Management - UK

Apply strategic concepts to your everyday work.
Set yourself apart with the technical knowledge needed to design a risk management program for hazard, operational, financial and strategic risks.

Confidently handle complex risk management issues. Develop your ability to identify, analyze, and treat risks by utilizing proven risk management and statistical analysis techniques.

Demonstrate your value to your organization. Solidify your reputation as a key contributor to your organization’s success by making smarter financial decisions through the application of cash flow analysis to hazard and financial risks.

Effectively apply RMI principles to your everyday work. Develop your ability to accurately assess and treat organizational risks, including supply chain, cyber, social media, climate change, reputation, and regulatory risks.

Enhance your professional image. Be more productive with an enhanced ability to apply root cause analysis to your organization’s production and process risks.

Demonstrate your commitment to your career. Boost your career opportunities with a technical knowledge of business continuity management, and accident and system safety analysis techniques.

Effectively apply best practices to your everyday work. Make smarter business decisions by learning to design and implement retention, transfer and hybrid risk financing techniques.

Confidently handle complex risk financing programs. Expand your ability to handle complex needs with technical knowledge of loss forecasting techniques and alternative risk transfer (ART) programs.

Enhance your earning potential. Show you are committed to your organization’s success by developing its financial flexibility through an advanced knowledge of how to transfer risk to the capital markets.