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F.A.Q.
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The rimap® certification is a valuable credential for risk management professionals seeking to validate their expertise and enhance their career prospects. By obtaining the rimap® certification, you gain:
- Professional Recognition: Demonstrates your commitment to the risk management profession and adherence to industry standards.
- Enhanced Knowledge and Skills: Comprehensive training and assessment ensure you possess the latest risk management knowledge and skills.
- Career Advancement: Certification can open doors to new job opportunities, promotions, and increased earning potential.
- Networking Opportunities: Join a global community of certified risk management professionals and connect with industry experts.
- Credibility: Provides assurance to employers and clients of your capability and dedication to managing risks effectively and that you are up to the best standards.
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rimap® certification is designed for a wide range of professionals involved in risk management, including:
- Risk Managers: Professionals responsible for identifying, assessing, and mitigating risks within their organizations.
- Insurance Professionals: Individuals working in underwriting, claims, and other areas of the insurance industry.
- Compliance Officers: Those ensuring their organizations comply with laws, regulations, and internal policies.
- Auditors: Professionals conducting internal and external audits with a focus on risk management practices.
- Consultants: Risk management consultants who advise organizations on risk-related issues and strategies.
- Finance Professionals: Individuals in finance roles who need to understand and manage financial risks.
- Anyone seeking to enter the risk management field: Individuals aspiring to build a career in risk management and looking for a recognized credential to kickstart their journey.
rimap® certification is suitable for professionals at various stages of their careers, from newcomers to seasoned experts looking to validate their experience and knowledge.
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rimap® (Risk Management Professional) was created by the Federation of European Risk Management Associations (FERMA). FERMA represents risk management associations across Europe and aims to advance the practice of risk management through education, certification, and advocacy.
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To obtain rimap® certification, follow these steps:
- Eligibility: Ensure you meet the eligibility criteria, which typically include a combination of education and professional experience in risk management.
- Training (optional): Complete a rimap® -approved training program, which covers key concepts and best practices in risk management.
- Exam: Register for and pass the rimap® certification exam. The exam assesses your knowledge and understanding of risk management principles and practices.
- Continuing Professional Development (CPD): Maintain your certification by participating in ongoing professional development activities and renewing your certification as required.
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The rimap® certification exam is offered multiple times throughout the year. Specific exam dates are scheduled and announced by FERMA. To find the most up-to-date schedule for the rimap® certification exam, click here.
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The rimap® certification exam can only be taken online through the FERMA-LHWC platform. This online platform allows candidates to take the exam remotely from any location, providing flexibility and convenience.
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The rimap® certification is valid for three years. To maintain your certification, you must participate in continuing professional development (CPD) activities and meet the renewal requirements set by FERMA. This ensures that certified professionals stay current with industry practices and advancements in risk management. For detailed information on CPD requirements and the renewal process, refer to this page.
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CPD points, or Continuing Professional Development points, are units of measure used to quantify the time and effort professionals invest in ongoing education and professional development activities. CPD points help ensure that certified professionals remain up to date with the latest knowledge, skills, and best practices in their field.
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You can earn CPD Points through various professional development activities by FERMA and its members associations, including:
- Attending workshops and seminars: Participate in industry-related workshops, seminars, conferences, and webinars.
- Further education: Enroll in relevant courses or training programs.
- Professional activities: Engage in activities such as publishing articles, presenting at conferences, or participating in professional associations.
- Self-directed learning: Engage in structured reading or online learning modules.
For a detailed list of activities and their corresponding CPD Points, FERMA rimap CPD eligible activities or your professional association.
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To register your CPD Points, follow these steps:
- Documentation: Keep records of all CPD activities, including certificates of attendance, transcripts, or other proof of participation.
- Online submission: Log into your account on the FERMA-LHWC platform.
- Entry: Enter the details of each CPD activity, including the date, description, and CPD Points earned.
- Verification: Submit your justifying documentation for verification.
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The time required to prepare for the rimap® Certification varies depending on your prior knowledge and experience in risk management. On average, candidates typically spend between 2 to 6 months studying for the exam. This includes time spent reviewing study materials and attending preparatory courses if desired. Your individual preparation time may vary based on your familiarity with the exam content and your study habits.