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The Risk & Insurance Management Society Inc. on Friday launched its risk management professional certification program.
RIMS plans to administer its first in-person RIMS-CRMP (Certified Risk Management Professional) exam on April 10, 2016 in San Diego for RIMS members with either a bachelor's degree (or global equivalent) in risk management and one year working full-time in risk management or a bachelor's (or global equivalent) in a non-risk management related field and three years of full-time employment in risk management, a statement said.
For members without a bachelor's degree, seven years of risk management is required. Possessing an associate's degree in Risk Management (ARM) and/or a Canadian Risk Management (CRM) designation counts as two years of risk management experience.
“The RIMS-CRMP is intended to boost practitioners' professional standing and confirm their value to leadership,” Rick Roberts, RIMS president said in the statement.
There is limited availability for the exam. Additional online exams will be offered at an increased registration fee after the San Diego exam.
In October of this year, the Federation of European Risk Management Associations launched its professional certification program for risk managers in Europe, known as rimap.
U.S. risk professionals received slightly higher wage increases in 2015 than Canadian risk professionals did, according to the 2015 RIMS Compensation Survey, published Monday by the Risk & Insurance Management Society Inc.