Jobs in risk management involve investigating the levels of risk associated with the clients, and help consider how those risks might be minimized. The position is quite important, as it provides the policy writers with the information that they need to write an effective policy and determine an accurate premium. They are rewarded for their hard work by the ability to work from home, and often the provision of a company car for their frequent local business travel.

The education for the job usually involves a graduate degree, however few companies will accept graduate straight out of university. Instead, many companies prefer to hear that an applicant has previous experience in the industry, and previous experience with the company in question is even better as long as the experience was mutually positive. Communication skills are extremely important, and confidence plays a key role in allowing you to talk with ease and awareness to people ranging from site workers to CEO’s.

Most of the risk management work is done in the field, involving visits to potential clients (as well as current clients) and the conduction of detailed surveys for sites that are to be insured. You will have to write reports for the underwriters, and so must be very thorough and detail oriented. You may need to make recommendations to reduce the risks that are evident, including suggestions for smoke detectors, fire exits, security cameras, and more.

The training for risk management jobs includes the achievement Association of the Chartered Insurance Institute membership (CII), which many seasoned insurance professionals will have already achieved. Many surveyors also choose to qualify for the National Examination Board for Occupational Safety and Health (NEBOSH), which is a requirement for most health and safety professionals. In addition to the professional certifications, however, come in house training and mentoring. These programs are designed to help take applicants to the expected level for risk management.

Over time, you may have the chance to move from “field” positions to more regular desk jobs as management or as a trainer for the newest batch of risk managers. You can also choose to become specialized, in which case you would be concentrating on a specific field, sector, or industry.

A job in risk management can be difficult at times, but it can also be highly rewarding, especially for the more independent souls in the industry. If you are interested in the field, it is a great idea to build up a healthy resume of industry experience before you apply to a programme, or you will likely be wasting your application time. If, however, you are a graduate student who has taken classes that specifically prepare you for risk management, then there is a chance that a company will be glad to snap you up. However you get into the field, be prepared for an adventurous career.

Hugo Reyes is a writer for Insurance Jobs, a leading recrutiment website specialising in underwriting, compliance, reinsurance and insurancejobs.co.uk/JobsByCategory/liJobTypeID/8/jobsByRiskManagement/RiskManagement.html Risk Management Jobs. Insurance Jobs is the premier resource for those seeking a career in the Insurance sector.

Visit insurancejobs.co.uk Insurance Jobs for more vacancies in the insurance industry.

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