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.
Please enter details below to verify CE Request.
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.
Request saved successfully!
Please wait...
OVERVIEW AND TOPICS
Introduction to Analysis
In this section, you will become familiar with the definition of Risk Analysis, and how it fits into the five step Risk Management process.
Qualitative Analysis
Gain an understanding of the types and uses of qualitative analysis tools to help the organization set risk management priorities. Those tools include the assessment of broad loss exposures, the characteristics of Quality Loss Data and Root Cause Analysis.
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 Analysis – Practical Application
Using a scenario, perform a specific remake risk management decisions, and defend your position.
