Work Comp Adjuster Question on Associate in Risk Management
Is the Associate in Risk Management designation worth the effort? I have my Associate in Claims (AIC) designation. Is the ARM the next step in career advancement?
The above question came in from a California adjuster after the two articles written on the AIC designation last week.
According to the Institutes, the ARM is designed to advance the education of:
- Agency principals
- Line of business managers and executives
- Risk managers
- Municipal managers and executives
- Public entity risk managers
- School board executives
- Chief risk officers
- Executives concerned with risk
- Risk management consultants
- Commercial lines underwriting professionals
- Client executives in brokerage firms
The above list is not exhaustive by any means. However, one can see the ARM is going to cover any job type that interfaces with risk. There are two more levels of specialization that did not exist when I received my ARM.
ARM-P is for public entities. The ARM-ERM is for enterprise risk management.