CRM Designation
Certified Risk Manager (CRM) Designation Program
The Certified Risk Manager Program is an internationally recognized advanced education designation tailored for today’s risk management practitioners across a variety of occupations.
Earners of the CRM designation are recognized for their expertise and commitment to the risk management industry. CRMs possess comprehensive knowledge of the five steps of the risk management process—identification of exposures, analysis of risk, risk control techniques, financing of risk and risk administration. CRMs have the tools to identify and manage emerging and evolving risks in an ever-changing business environment and understand the value of implementing ERM programs to minimize losses and maximize opportunities associated with risk.
Class Schedule:
Click FIND A CRM CLASS for CRM Schedule and Registrations for Instructor-led Online Courses, Self-Paced Courses, and out-of-state In-Person Classroom.
THE CRM INSTITUTES
Principles of Risk Management
Get the skills needed to correctly identify exposures by building a firm foundation in the fundamentals of risk management.
This 16-hr course provides you with the resources to accurately identify exposures—the first and most crucial stage in the risk management process. Insurance professionals interested in earning the CRM designation are advised to enroll in this course first.
Topics Covered:
- Introduction to Risk Management
- Risk Management and the Organization
- Introduction to Risk Identification
- Risk Identification Methods – Self-Administered Tools
- Analytic Risk Identification Methods
- Financial Statement Analysis
- Introduction to Enterprise Risk Management
Analysis of Risk
Analysis is a vital step in the risk management process— using risk data to analyze the frequency and severity of losses, the potential for future losses, and cost-benefits of control solutions.
This course explores the role of analysis within the five-step risk management process, helping you identify meaningful loss trends, assess exposures, and establish risk management priorities. You’ll gain practical experience with qualitative tools such as root cause analysis, loss data evaluation, and exposure assessment, while also developing skills in quantitative methods including statistical measures, loss forecasting, confidence intervals, linear regression, and loss development analysis.
This 16-hour course includes application exercises.
Topics Covered:
- Introduction to Analysis in the Risk Management Process
- Qualitative Analysis
- Quantitative Analysis Tools
- Loss Forecasting
- Time Value of Money Concepts
- Risk Analysis Applications
Control of Risk
Learn to take action by focusing on solutions that will prevent, reduce, avoid, or eliminate risk.
Take this 16-hour course to gain proficiency in the application of risk control techniques—safety, alternative dispute resolution, employment practices liability, and crisis management. It centers on the latest trends in risk control for cyber, fleet, and ergonomic risks and provides crisis management, disaster planning, and claims management concepts. This 16-hour course includes application exercises.
New and Updated! Topics covered:
- Risk Control and Mitigation – Human Resources
- Risk Control and Mitigation – Property & Liability
- Crisis & Disaster Planning
- Claims Management
Financing of Risk
Risk financing options can solve the various needs of an organization based on its risk-taking appetite and ability.
Financing of Risk is often an intricate and complex task. In this course, you will compare various financing options: non-insurance transfer, guaranteed cost plans, retro plans, dividend plans, pools, and various types of captives. You will learn how to deliver the message to management in present value dollars. We recommend that this course be taken after Analysis of Risk.
This 16-hour course includes application exercises.
Topics Covered:
- Risk Financing Fundamentals
- Risk Financing Program Decision Making
- Methods for Risk Financing
- Risk Financing Team
- Alternative Risk Transfer
Practice of Risk Management
This course gives you an understanding of the daily managerial and organizational requirements of risk managers and how an organization utilizes the risk management process.
This updated and revised course consolidates what you have learned in other CRM courses. For this reason, it is suggested that you take this course last. Practice of Risk Management also helps you tackle the daily managerial and organizational requirements of risk managers and consultants. New topics include International and Multinational Risks and Compliance and Governance.
This 16-hour course includes application exercises.
New and Revised! Topics Covered:
- The Risk Manager
- The Risk Management Network
- Information Technology for Risk Managers
- Total Cost Of Risk
- Due Diligence
- Managing the Risk of Intangible Assets
- Executive Risk
- International & Multinational Risks
Update Requirements
Once you attain the CRM designation, you must attend at least one of the following CRM programs annually.
No exams are required to earn update credit
Other update options are available via Risk & Insurance Education Alliance