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RIMS President urges risk managers to expand competencies



The COVID-19 pandemic tested the knowledge of many risk managers, but after helping their organizations navigate the crisis, risk managers should strive to expand their reach, says Risk & Insurance Management Society Inc.'s 2021 president. [19659002] "It seems that every risk that the risk management community has ever prepared for came to fruition in 2020," said Ellen Dunkin, who is also Vice President, Advocate General and Chief Risk Officer of Amalgamated Life Insurance Co. and White Plains. , New York. Dunkin began his one-year presidency of RIMS in January.

She spoke during the opening session of the RIMS Annual Conference, which is being held virtually this week and next.

During the pandemic, risk professionals provided insight and direction to help their organizations adapt and remain resilient, Dunkin said.

In the future, risk managers should continue to make their voices heard, she said.

"As individuals and as a society, let's be strategic advisors and key contributors to growth and innovation. We must be indispensable," says Dunkin.

To succeed, risk management must be represented in the boardroom and a new initiative, RIMS ̵

1; Path to the Boardroom, explores strategies to help risk managers become board members, she said.

"We will explore the skills and competencies needed for board work and what we can expect during this professional journey", said Dunkin.

The RIMS conference has sessions related to the initiative and RIMS plans to add other related webinars and podcasts, she said.

In addition, RIMS plans other programs and initiatives to help risk managers, including modernizing RIMS Risk Maturity Model, says Mary Roth, CEO of RIMS The benchmarking tool was launched more than a decade ago to help companies gets risk management initiative.

RIMS will also launch an app that gives members access to curated content such as reports and research, she said. risk management news about the coronavirus crisis here .

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