Eligibility

Anyone involved in risk management for a corporation, financial institution, not-for-profit institution or government entity can be nominated. The person need not practice risk management full time, but the candidate must be a full-time employee of the corporation, institution or government entity for which he or she practices risk management. Administrators and executive directors of self-insurance funds or self-insurance pools are eligible for nomination. The candidate may be nominated by anyone familiar with his or her work, like a superior, the risk management staff, a colleague with another company or a broker, insurer or other service supplier. Previous candidates selected for the Risk Management Honor Roll^® are eligible to be re-nominated for the Risk Manager of the Year Award^® five years after being named to the Honor Roll.

The 10 Judging Criteria for Part II

Criterion 1: Established and implements an effective risk management program within the organization.

Criterion 2: Tackled and solved one or more major problems for his or her organization.

Criterion 3: Innovatively applies the diverse tools of risk management and insurance.

Criterion 4: Creatively and effectively uses risk financing/insurance to structure a risk financing and risk transfer program that serves the needs of the organization.

Criterion 5: Established a workable intelligence system inside and outside the organization that culminates in a flow of information about events and activities that affect the organization’s risk management and exposures. This can include an enterprise risk management process, as well as how the risk manager secures information on risks from other departments and use or risk management information systems.

Criterion 6: Skillfully performs the functions of management in the overall organization and within the risk management/insurance department. The functions include planning, organizing, directing and controlling.

Criterion 7: Achieves the most effective program at the optimum cost over the long term.

Criterion 8: Developed technical expertise in any or all of the broad categories included within risk management, leading to a better managerial grasp of the operations aspects of the job.

Criterion 9: Exhibits an attitude and performs activities fostering the advancement of the risk management profession, such as professional activities, speaking engagements, teaching and related activities.

Criterion 10: Is developing his or her career, as exhibited by job history, including current job description, education, honors and memberships.