Please enter the email address for the person you are registering.
Attention: This course is not approved for State reported continuing education credits.
Do you want to add yourself in waitlist for this event?
Already registered
You can not register same event with in 30 days.
Designated participants are only allowed to register for this course.
This Online MEGA is allowed only for CIC, CRM and CPRM Dues Paid designees.
To earn designation update credit in this course, you MUST have paid your annual dues. Please click the link to Pay your Dues
Letter of Good Standing Request
Please enter details below to verify the request.
First Name on License*
Last Name on License*
LIC/NPN*
Please enter details below to verify CE Request.
Do you need state reported CE credits?
Yes
No
In the case of multiple licenses, please enter your resident state license information as CE credit will only be processed for one state. Modifications to your CE request may be made up until the last day of the course through the My Courses tab in your PROfile. Certain states have rules regarding repetition of courses, please review those requirements prior to requesting CE credits.
The State of Nevada has only approved this course for 3 credits of Property & Casualty and 3 credits of Ethics.
License State*
First Name on License*
Last Name on License*
LIC/NPN*
Resident License*
Type of License*
Line of Authority*
Decline CE Request
CE Declination Reason
Request saved successfully!
Please wait...
4
What Time Does This Start For Me?
Pacific
Mountain
Central
Eastern
OVERVIEW AND TOPICS
Types of Risk Analysis
Qualitative and quantitative analysis and tools used by risk managers.
Quantitative Analysis: Tools
Calculating three measures of statistical central tendency, differences between normal and skewed distribution, and forecasting future loss frequency.
Quantitative Analysis: Forecasting
Forecast losses using incident rates, how to use confidence intervals and linear regression to determine the accuracy of loss projections, how triangulation aids in understanding loss development factors and calculating payout patterns.
Time Value of Money Concepts
Time value of money concepts and how they are used in analysis of risks, evaluate risk control initiatives by comparing inflows/outflows using present and future values, making determinations on capital improvement projects with time value of money calculations.
Risk Management Decisions
Net Present Value Cost-Benefit Analysis to determine if Present Value of expected inflows exceeds expected outflows, use of depreciation and the effect of taxes on cash inflows/outflows and decision-making.
Risk Modeling
Uses of risk modeling, challenges presented, types of beneficial risk models, modeling data sources, how big data and thick data are collected and used, tools available for risk modeling and when to incorporate them into risk analysis.
Risk Analysis - Practical Application
Using a scenario, perform a specific remake risk management decisions, and defend your position.