Strengthen your organization’s resilience with our comprehensive ERM Risk Assessment Training for Insurance Organizations. This 4 CPE credit webinar is tailored to risk managers, compliance officers, and internal auditors, equipping participants with the tools to establish and maintain a successful Enterprise Risk Management (ERM) program. Explore the critical strategies, frameworks, and regulatory requirements needed to thrive in today’s highly regulated insurance landscape.
Why Attend?
1. Build a Robust ERM Program - Gain actionable insights into identifying, assessing, and mitigating risks specific to the insurance industry, ensuring compliance and operational efficiency.
2. Stay Ahead of Regulatory Changes - Understand key requirements, including the Model Audit Rule (MAR), Own Risk and Solvency Assessment (ORSA), and NAIC Enterprise Risk Report (Form F), and learn how to align your ERM program with these regulations.
3. Develop Strategic Risk Mitigation Plans - Learn how to tackle a broad spectrum of risks—financial, operational, strategic, and regulatory—using proven controls, risk transfer methods, and informed decision-making.
4. Earn 4 NASBA-Approved CPE Credits - Enhance your career with professional development that adds value to both you and your organization.
What You’ll Learn
This event provides an in-depth look at regulatory requirements, risk management strategies, and ongoing monitoring to optimize ERM practices.
Course Highlights
1. Foundational Understanding of ERM:
- Discover the purpose and benefits of ERM for insurance organizations.
- Learn how ERM helps drive compliance with MAR, ORSA, and Form F.
2. Risk Assessment and Prioritization:
- Identify and assess key risks, including financial, operational, strategic, and compliance risks.
- Explore real-world examples and case studies to prioritize risks effectively.
3. Risk Mitigation Techniques:
- Implement internal controls and explore risk transfer strategies.
- Develop a structured approach to residual risk acceptance while fostering a culture of risk awareness.
4. Monitoring and Reporting Frameworks:
- Learn best practices for ongoing monitoring, risk reporting, and stakeholder communication.
- Gain insights into the role of boards and senior management in driving ERM success.
Key Topics Covered
- Overview of NAIC ERM guidelines and regulatory requirements.
- Designing a risk management framework for insurance organizations.
- Proactive risk identification and mitigation strategies.
- Key elements of effective ORM (Operational Risk Management) and oversight.
- Developing risk appetite statements and defining internal controls.
- Best practices for board and senior management engagement in ERM.
Benefits of Attending
- Strengthen Compliance Posture: Ensure adherence to ERM regulatory requirements and minimize financial or reputational risks.
- Improve Risk Communication: Build a structured process for reporting risk to boards, regulators, and other stakeholders.
- Enhance Strategic Planning: Mitigate risks while aligning ERM objectives with organizational goals.
Event Details
- Schedule: Held every eight weeks on Tuesdays, 10 a.m.–2:30 p.m. CST.
- Delivery Format: Engaging, dynamic virtual sessions with interactive discussions.
- CPE Credits: 4 NASBA-approved credits in Auditing.
- Cost: $280.
- Private Events Available: Custom scheduling for groups of two or more.
Who Should Attend?
This training is ideal for professionals in the insurance industry looking to enhance their ERM knowledge and capabilities, including:
- Risk Managers: Define frameworks to mitigate operational and regulatory risks.
- Compliance Officers: Ensure consistent adherence to ERM-related guidelines and controls.
- Internal Auditors: Build robust internal risk assessments for seamless risk management.
Why ERM Matters in Insurance
Insurance organizations face a wide array of risks that require proactive identification, mitigation, and management. A strong ERM program ensures:
- Regulatory Compliance: Align risk management practices with frameworks like MAR, ORSA, and NAIC’s Form F.
- Operational Resilience: Identify vulnerabilities before they become critical issues, minimizing operational disruptions.
- Strategic Decision-Making: Enable informed decisions that protect the organization’s future and boost stakeholder confidence.
Register Today
Don’t miss this opportunity to elevate your ERM practices and build a framework for success. Join us for this 4 CPE credit webinar and gain the tools to confidently manage risks and safeguard your organization’s future in an evolving insurance landscape.
Register now to secure your spot in this industry-leading event. Together, we’ll transform your approach to enterprise risk management!
ERM Risk Assessment for Insurance Organizations - In-Person
The sessions will be as follows:
Monday – 9:00 a.m. to 12:30 p.m.
Offered in-person in various cities