Search Results for: rimap

rimap: exam success in Denmark

In cooperation with Danish member association DARIM, nine risk managers went through the rimap® certification process on 25 January 2017. Once it had been confirmed that all of them met the rimap eligibility criteria, they took a two-hour examination, similar to the one delivered during the European Risk Seminar in Malta on October 2016.

 

In order to increase the chances of the candidates passing this exam, DARIM organised a morning training session where they had the opportunity to review and discuss the eight documents that are the basis of the exam. This very interactive session led to excellent results with seven succeeding and becoming rimap certified risk professionals.

 

A rimap examination session is already scheduled during the FERMA Monte Carlo in October 2017. The rimap certification is also expected to become fully online over the course of 2017. It will, therefore, become available to any eligible risk professionals in Europe.

 

 

 

 

 


Next step on the Rimap route

DARIM is the first FERMA member association to take up the challenge and organise a rimap® examination. The paper-based rimap examination will take place in Copenhagen on 25 January 2017.

That morning, DARIM will facilitate a training and rehearsal session on the curriculum for all risk and insurance managers who are candidates. FERMA will supervise the examination after lunch.

Places are limited to a maximum of 30 candidates, and registration is required by Tuesday 17 January.  

More information from Charlotte Hedemark Nielsen at charlotte.hedemark@sap.com or Benedikte Danielsen at beda@di.dk

 

Well underway

Eighteen risk managers from across Europe are already rimap® certified following the first examination and presentation of certificates at the FERMA Seminar in Malta in October. Ian Stafrace, President of the Seminar host association MARM, commented afterwards: “Already the publicity about rimap is helping to raise awareness of the risk manager. As the pool of rimap certified risk professionals grows, employers will be able to add a rimap certificate to job specifications, so that they know the person is both skilled at his or her profession and has a European perspective.”

More than 60 participants in total have already followed the five modules of the training course organised by the Italian association ANRA, the ANRA learning path (ALP), one of the first programmes to receive rimap accreditation. The training sessions started in June and are continuing throughout the rest of the year.

“We had a good representation of both risk and insurance managers and other professionals from the insurance and consulting worlds. They discussed more than 50 topics: nearly a third of these subjects were introduced for the first time in an ANRA’s training course, demonstrating the strong orientation ALP shows toward innovation,” said Maurizio Castelli, former President of FERMA and Scientific Advisor to ANRA who has been in charge of the project since its inception.

The next steps on the rimap route for FERMA will involve working with member associations to achieve full implementation, including the system of credit for continuous professional development.

 

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18 risk managers receive first rimap examination certification

The Federation of European Risk Management Associations (FERMA) this evening presented the first qualifications by examination in its professional programme rimap® to 18 risk managers during a ceremony at the FERMA Seminar now taking place in Malta.rimap_H-logo-certified-RGB

A total of 22 risk managers sat the two-hour examination earlier in the day. They were the first risk managers to qualify by examination.

Michel Dennery

Michel Dennery

Michel Dennery, chairman of the rimap® programme, presented the awards and congratulated the successful candidates. He said: “Delivering a first rimap examination in 2016 has been a key objective for FERMA that is now achieved. The first certified risk managers will be seen in the future as the pioneers in the new standard for the risk manager’s profession.

Rimap provides independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies. Certification rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics.

Julia Graham

Julia Graham

The examination consisted of 100 questions based on the rimap Body of Knowledge. To prepare themselves for the examination, candidates were recommended to read the eight risk management documents that inspired the rimap examination questions, which are available online.

The questions have been written by a team of 7 European risk managers from 5 FERMA member associations. It has been a challenge to find consensus sometimes but it is also what makes rimap different and quite unique. It is a risk management examination designed by risk managers for risk managers, and for their company who want to rely on an effective risk management!” said Julia Graham, member of the rimap® steering committee and Knowledge team.

Isabel Martinez

Isabel Martinez

The examination is the latest of the milestones passed by rimap since it was launched in October 2015:

-Creation of the Body of Knowledge
-Accreditation of the first six education programmes
-Licensing of the first programmes for rimap CPD points

Isabel Martinez Torre-Enciso, vice-president of FERMA and member of the rimap® steering committee commented: “The next step is to refine the rimap examination on the basis of experience so that it reflects the complexity and diversity of the profession, and then to make the examination available for as many risk managers as possible”.

Note for journalists:  FERMA last year presented rimap certificates to 49 highly experienced risk managers who contributed to the creation of the rimap programme.

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Press contacts

Ms Typhaine Beaupérin, FERMA CEO: typhaine.beauperin@ferma.eu, tel: +32 (2) 761 94 31

Lee Coppack, press contact: lee@coppack.co.uk, tel: +44 208 318 0330/ +44 7843 089904


Get prepared for the rimap Examination – useful readings!

rimap_H-logo-certified-RGBThe rimap examination is a written exam with 100 questions based on the rimap Body of Knowledge using recognised sources such as ISO 31000 and COSO ERM framework.

To better prepare for the rimap examination, you will find below the full list of sources that have been used to build the rimap examination for October 2016:

1- COSO Enterprise Risk Management Integrated Framework – Executive Summary – September 2004 – http://www.coso.org/documents/coso_erm_executivesummary.pdf

2-ISO Guide 73:2009 Risk management vocabulary – Preview – 2009 https://www.iso.org/obp/ui/#iso:std:44651:en

3-ISO 31000:2009 Risk management — Principles and guidelines – https://www.iso.org/obp/ui/#iso:std:iso:31000:ed-1:v1:en

4-A structured approach to Enterprise Risk Management and the requirements of ISO 31000 – airmic/alarm/irm – 2010 http://www.ferma.eu/app/uploads/2011/10/a-structured-approach-to-erm.pdf

5-Audit and Risk Committees – News from EU Legislation and Best Practices – ECIIA and FERMA – 2014 http://www.ferma.eu/app/uploads/2014/10/ECIIA_FERMA_Brochure_v8.pdf

6-The rimap Code of Ethics http://rimap-certified.org/wp-content/uploads/2016/05/Rimap-Code-of-ethics.pdf

7-Lloyd’s of London Glossary of Terms http://www.lloyds.com/Common/Help/Glossary

8-FERMA website ferma.eu

Remember that the application fee for the rimap certification is included in the Seminar fee package of €150. There will be no additional charge.


Discover the exclusive opportunity to take the first rimap examination during the FERMA seminar in Malta

rimap-without-background

 

rimap® is the first professional Certification for European risk managers. Launched in 2015 by FERMA, rimap® provides independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies. rimap® rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics. Visit rimap-certified.org/

 

Rimap Application Procedure

TAKE THE FIRST RIMAP EXAMINATION

The first rimap examination will be organized during the FERMA European Risk Seminar in Malta on Monday 3 October from 10h30 to 12h30.

It is a written exam with 100 questions based on the rimap Body of Knowledge and taken from recognised sources such as ISO 31000 and COSO ERM framework.

Certification benefits

  • Risk Management Professionals, upgrade your credentials and increase your chances for career development globally!
  • Company executives, increase your organisation’s credibility: employ Certified Risk Management professionals!

More reasons to take the Certification at rimap-certified.org/benefits/

Exclusivity

FERMA Seminar 2016 offers risk managers the opportunity to be the first to complete the examination for the new European certification for risk managers rimap©.

Places are limited to a maximum of 30 candidates on a first come first served basis and for registered delegates meeting the application requirements (see below).

Registration deadline: Friday 16 September 2016

Benefits

The application fee for the rimap certification is included in the Seminar fee package of €150. There will be no additional charge.

GAIN FIRST CONTINUOUS PROFESSIONAL DEVELOPMENT POINTS

The Continuous Professional Development (CPD) process will be launched at the FERMA Seminar in Malta on 3-4 October.

Rimap Certification needs to be maintained annually through CPD points. Every year, rimap certified people need to gather 60 CPD points by participating in various activities that contribute to the development of the risk management profession such as conferences, seminars, association activities…

FERMA Seminar 2016 activities will entitle participants to gain a maximum of 30 CPD points.

More information on how to obtain CPD points at rimap-certified.org/benefits/maintaining-certification/

All participants in the FERMA seminar can start earning CPD points – i.e.  successful rimap candidates at the exam in Malta and all future rimap certified persons in the course of 2017.

CPD points are recorded electronically upon request made to FERMA.

Find out what activities will help you to maintain your rimap® certification here

 

rimap® contact person: Julien Bedhouche (julien.bedhouche@ferma.eu)

 

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REGISTER TO THE FERMA RISK MANAGEMENT SEMINAR 2016


European risk management certification rimap®

rimap-without-background

 

rimap® is the first professional Certification for European risk managers. Launched in 2015 by FERMA, rimap® provides independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies. rimap® rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics. Visit rimap-certified.org/

 

Rimap Application Procedure

TAKE THE FIRST RIMAP EXAMINATION

The first rimap examination will be organized during the FERMA European Risk Seminar in Malta on Monday 3 October from 10h30 to 12h30.

It is a written exam with 100 questions based on the rimap Body of Knowledge and taken from recognised sources such as ISO 31000 and COSO ERM framework (click here for the full list of rimap exam sources)

Certification benefits

  • Risk Management Professionals, upgrade your credentials and increase your chances for career development globally!
  • Company executives, increase your organisation’s credibility: employ Certified Risk Management professionals!

More reasons to take the Certification at rimap-certified.org/benefits/

Exclusivity

FERMA Seminar 2016 offers risk managers the opportunity to be the first to complete the examination for the new European certification for risk managers rimap©.

Places are limited to a maximum of 30 candidates on a first come first served basis and for registered delegates meeting the application requirements (see below).

Registration deadline: Friday 16 September 2016

Benefits

The application fee for the rimap certification is included in the Seminar fee package of €150. There will be no additional charge.

GAIN FIRST CONTINUOUS PROFESSIONAL DEVELOPMENT POINTS

The Continuous Professional Development (CPD) process will be launched at the FERMA Seminar in Malta on 3-4 October.

Rimap Certification needs to be maintained annually through CPD points. Every year, rimap certified people need to gather 60 CPD points by participating in various activities that contribute to the development of the risk management profession such as conferences, seminars, association activities…

FERMA Seminar 2016 activities will entitle participants to gain a maximum of 30 CPD points.

More information on how to obtain CPD points at rimap-certified.org/benefits/maintaining-certification/

All participants in the FERMA seminar can start earning CPD points – i.e.  successful rimap candidates at the exam in Malta and all future rimap certified persons in the course of 2017.

CPD points are recorded electronically upon request made to FERMA.

Find out what activities will help you to maintain your rimap® certification here

 

rimap® contact person: Julien Bedhouche (julien.bedhouche@ferma.eu)

 

FERMA_banner

REGISTER TO THE FERMA RISK MANAGEMENT SEMINAR 2016


rimap® developments: bridging the gap between education and the profession in Europe

FERMA’s professional certification programme rimap® took an important step forward on 23 June, as FERMA disclosed the names of the first six education programmes in risk management to receive rimap accreditation.

Accreditation is one of the three building blocks of rimap, along with certification and CPD (continuous professional development). It is designed to acknowledge that an education provider’s programme meets the risk management education requirements set by FERMA based on the rimap ‘Body of Knowledge’.

rimap-without-background

Rimap accreditation confirms that the education body is willing to deliver a risk management education programme that is in line with the first European criteria agreed by FERMA associations.

“It is important for the students to know they are following an education programme that is in line with what the profession is expecting. This is best achieved by the professional associations in each country that represent the risk practitioners in Europe,” says Isabel Martinez Torre-Enciso, FERMA Vice President and the person responsible for the accreditation process within the rimap steering committee.


Bridge between academia and profession

Accreditation is also a bridge between the world of risk management education and the professional associations. In 2016, the choice was made to work with a closed list of education bodies that volunteered their interest in the process to FERMA and which were supported by their national risk management associations. For an academic’s view of this process, see the expert view by Marcus Feldt of the Stockholm School of Economics Executive Education here.

“We are pleased to see that the accredited education bodies reflect the diversity of FERMA membership with universities, business schools and professional institutes operated by national associations themselves. The geographical spread also shows that risk management education is developing across Europe, from Finland to Malta.” adds Isabel.

The criteria for accreditation are based on a certain number of hours of teaching, and an 80% match between the rimap Body of Knowledge and the programme. These elements, including the list of teachers and a description of the selection process, were documented by an online submission process through the rimap website.


Continuous Professional Development (CPD)

Finally, we are building the CPD element. We have received a number of requests for licensing for events, and we have so far confirmed to Lloyd’s a CPD license for the FERMA/Lloyd’s Professional Development Programme.

The CPD process is also about to be tested full scale at the FERMA Seminar in Malta on 3-4 October. The details are still to be confirmed, but various Seminar activities should entitle all participants to at least 25 CPD points. These points will be stored electronically on individual rimap accounts for further use when Seminar participants register for the rimap examination: http://rimap-certified.org/


First rimap accredited risk management education programmes

  • Belgium: ICHEC Formation Continue – Diplôme en Risk Management (BELRIM)
  • Finland: University of Tampere – “Master’s Degree Programme in Business Studies – Specialization in Insurance and Risk Management” (FINNRIMA)
  • Italy: ANRA – ALP (ANRA Learning Path)
  • Malta: University of Malta – “Bachelor of Commerce (Honours) in Insurance and Risk Management” (MARM)
  • Poland: POLRISK – “Certyfikowany zawodowy menedżer ryzyka”
  • Sweden: Stockholm School of Economics Executive Education – “Risk Management Diploma” (SWERMA)

FERMA announces first accreditations for its certification programme, rimap®

The Federation of European Risk Management Associations (FERMA) has announced the first six education bodies to receive accreditation for its professional certification rimap®. Accredited education programmes in risk management, certification examination and continuing professional development are the corner stones of this new rimap® professional recognition programme for risk managers in Europe developed by FERMA.

rimap_H-logo-accredited-RGB

FERMA President Jo Willaert commented: “Education is one of the three priorities of my term as president. Having rimap® accredited education programmes is a building block in our long term initiative to place risk management firmly among the professions. I am delighted with the support we have received from the member associations who have worked closely with FERMA and the education bodies to achieve this first set of accreditations. Others will follow.”

The Chairman of the rimap® steering committee, FERMA board member Michel Dennery, added: “We believe we are at the beginning of a European network in risk management education. Beyond the need for increasing the skills and competences of risk managers, the FERMA rimap® initiative is now supported by the world of education.”

The six risk management programmes “rimap® accredited” are:

  • Belgium : ICHEC Formation Continue – Diplôme en Risk Management, supported by BELRIM

ICHEC_FC_4CBELRIM – Belgian Risk Management Association

 

 

 

 

  • Finland : University of Tampere – “Master’s Degree Programme in Business Studies – Specialization in Insurance and Risk Management”, supported by FINNRIMA

TY_logo_RGBFINNRIMA

 

 

 

 

  • Italy : ANRA – ALP (ANRA Learning Path), developed by ANRA

LOGO ALP OK-03

 

 

 

 

 

 

  • Malta : University of Malta – “Bachelor of Commerce (Honours) in Insurance and Risk Management (B.Com. (Hons)”, supported by MARM

UOM 2MARM Logo

 

 

  • Poland : POLRISK – “Certyfikowany Zawodowy Menedżer Ryzyka – Certified Professional Risk Manager”, developed by POLRISK

Akademia-Polrisk-logo

 

 

 

 

 

 

  • Sweden : Stockholm School of Economics Executive Education – “Risk Management Diploma”, supported by SWERMA

SSE Executive EducationSwerma_text_rgb

 

 

 

 

 

 

 

 

DEFINITIONS
Education Body: a provider of a risk management education programme. This is not limited to universities, business schools or higher schools. Any Education Body who offers specific risk management education can apply for a rimap© accreditation if it meets the requirements set by FERMA based on the “rimap© Body of Knowledge”.

Accreditation: process used to acknowledge that an education provider’s programme meets the risk management education requirements set by FERMA based on the “rimap© Body of Knowledge”. Who can apply for Accreditation: universities, higher schools and those who offer specific risk management education.


Certification launch with rimap

FERMA launches first professional Certification for European risk managers with award ceremony

Today (5 October) the Federation of European Risk Management Associations (FERMA) formally launched its programme of European Certification for professional risk managers.  It is the first such designation and is designed to reinforce the standing of the profession in Europe.

FERMA’s Certification, called rimap®, will provide independent confirmation of the professional competences, experience and standards of individual risk managers, and accreditation for the risk management programmes of educational bodies. rimap® rests on four pillars: knowledge, experience, continuous professional development (CPD) and a code of ethics.

FERMA has marked the occasion at the opening of its 2015 Risk Management Forum in Venice today with the award of Founder Certification to individuals in the risk management community who have been responsible for the creation, development and initial testing of the essential elements of Certification. They will be ambassadors for rimap®. FERMA intends to open applications for Certification in early 2016, with the first awards expected in the spring.

At the launch, FERMA board member Michel Dennery, Chair of the FERMA Certification Steering Committee, said: “Today, there is a strong expectation from stakeholders about risk management; that is why we have created the first high level pan-European recognition of the profession of risk management that will respond to these expectations.”

Prof. Karel Van Hulle, Chairman of the Insurance and Reinsurance Stakeholder Group of EIOPA, welcomed the launch of rimap®. He said: “The financial crisis showed clearly the need for good risk management. It is in the interest of all stakeholders that firms attach great importance to the timely identification, evaluation and management of their risks and to the mitigation of those risks. Risk management should have a higher status in our educational institutions. I welcome the fact that FERMA has taken up this challenge and I hope that the initiative will be successful.”

FERMA also unveiled the Certification programme brand and logos.

Print Print rimap_H-logo-licensed-CMYK

As well as the first rimap leaflet, rimap Body of Knowledge, rimap Continuous Professional Development and rimap Code of Ethics:

Members of the FERMA Certification Steering Committee

Chair:

Michel Dennery, FERMA board member, member of AMRAE (France)

Julia Graham, President of FERMA, member of Airmic (UK)

Jo Willaert, Deputy President, FERMA, member of BELRIM (Belgium)

Isabel Martínez Torre-Enciso, Vice President of FERMA, board member of AGERS (Spain)

Florence Bindelle, Executive Director, FERMA

Advisers:

Marie-Gemma Dequae, FERMA technical adviser

Pierre Sonigo, project mentor

Julien Bedhouche, FERMA European affairs, project manager

Full press kit also includes:

Certification Note for Forum
rimap Advert

And visit http://rimap-certified.org/ for a full tour of the rimap programme

Press contacts:

Lee Coppack, FERMA Media Coordinator lee@coppack.co.uk

+44 7843 089904 (4-11 October) /+44 208 318 0330

For photographs: email administration@ferma.eu  for an invitation to the Dropbox folder.

Julien Bedhouche, FERMA European affairs, julien.bedhouche@ferma.eu   +32478286620 (4-7 October)/ +3227619433


rimap code of Ethics

This Code of ethics was developed by a team of four people, representing different national associations. Their experience and expertise enabled a wide variety of opinions and perspectives to be captured. The goal has been to ensure that the code of ethics is as representative and relevant as possible.

This is the first Code of ethics that FERMA has produced. The aim is to provide a sound basis for a code that can be expanded and updated over the coming years. The ethics team showed a clear consensus. They agreed that the FERMA Code of ethics should be brief, easy to read, and easy to understand.

FERMA believes that working ethically means respecting certain criteria which impact on the professional behaviour of all workers. The following four principles should shape and inform the professional behaviour and attitude of a risk manager, and should govern the way they perform their work.

See http://rimap-certified.org/ for more information.