They are identified as the top Risk Officer in the company and may be the CFO or COO if these positions are identified as the person responsible for all activities relating to risk within the organization.ĭirector - Enterprise Risk Management (ERM) This person typically reports to the Executive Director, President or CEO. Key traits for the individual in this position are: highly developed communications, team player, change agent, strategic and creative, excellent project management skills and the ability to drive performance from all areas within their company. Seeks ways to optimize risks in the organization as a competitive business advantage. Adapts well to and initiates change in the organization. Recognized risk leader, who is a dynamic, proactive and decisive person. Exhibits business process knowledge, possesses a broad based operational perspective and provides solutions for non-insurance related business risk issues. Possesses an intimate knowledge of internal business processes and the organization's industry. Sets the strategic risk management vision and is charged with delivering that strategy to the company using exceptional leadership skills, network of internal and external alliances and highly developed business skills.
Responsible for and has the authority to make all decisions on risk management issues that directly impact the strategic direction of the company. Chief Risk Officer/Vice President - Risk Management
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