INSURANCE AND RISK MANAGER

  

Copyright © Philip M. Parker, INSEAD. Terms of Use.

INSURANCE AND RISK MANAGER

Specialty Definition: INSURANCE AND RISK MANAGER

DomainDefinition

Occupations

Plans, directs, and coordinates risk and insurance programs of establishment to control risks and losses: Analyzes and classifies risks as to frequency and potential severity, and measures financial impact of risk on company. Selects appropriate technique to minimize loss, such as avoidance (reducing chance of loss to zero), loss prevention and reduction (reducing frequency and severity of loss), retention (including self-insurance and planned noninsurance), grouping of exposure units (to increase predictability of loss), and transfer (placement of property, activity, or risk with other establishment or insurers). Directs insurance negotiations, selects insurance brokers and carriers, and places insurance. Appoints claims and self-insurance administrators, and allocates program costs. Prepares operational and risk reports for management analysis. Manages insurance programs, such as fidelity, surety, liability, property, group life, medical, pension plans, and workers' compensation. Prepares operational and risk reports for management analysis. May direct loss prevention and safety programs. May select and direct activities of safety, engineering, and loss prevention experts. May negotiate with unions for employee benefits. (references)

Source: compiled by the editor from various references; see credits.

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Alternative Orthography: INSURANCE AND RISK MANAGER


Hexadecimal (or equivalents, 770AD-1900s) (references)

49 4E 53 55 52 41 4E 43 45      41 4E 44      52 49 53 4B      4D 41 4E 41 47 45 52

Leonardo da Vinci (1452-1519; backwards) (references)

            

Binary Code (1918-1938, probably earlier) (references)

01001001 01001110 01010011 01010101 01010010 01000001 01001110 01000011 01000101 00100000 01000001 01001110 01000100 00100000 01010010 01001001 01010011 01001011 00100000 01001101 01000001 01001110 01000001 01000111 01000101 01010010

HTML Code (1990) (references)

&#73 &#78 &#83 &#85 &#82 &#65 &#78 &#67 &#69 &#32 &#65 &#78 &#68 &#32 &#82 &#73 &#83 &#75 &#32 &#77 &#65 &#78 &#65 &#71 &#69 &#82

ISO 10646 (1991-1993) (references)

0049 004E 0053 0055 0052 0041 004E 0043 0045      0041 004E 0044      0052 0049 0053 004B      004D 0041 004E 0041 0047 0045 0052

Encryption (beginner's substitution cypher): (references)

4348535552354837392354838252435345247354835413952

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INDEX

1. Orthography
2. Bibliography


  

Copyright © Philip M. Parker, INSEAD. Terms of Use.