Introduction to ERM
2022 Introduction to ERM for Actuaries
February – Risk Capital / Economic Capital
2021 Introduction to ERM for Actuaries (Virtual – December)
| Topic | Hours | Start | Finish | Blog Post | |
| 1 | Introduction – Three Levels of ERM | 0.5 | 12:00 | 12:30 | THREE |
| 2 | Risk Identification & Prioritization | 0.5 | 12:30 | 1:00 | ID |
| 3 | Control Cycles | 0.5 | 1:00 | 1:30 | CC |
| Break | 0.25 | 1:30 | 1:45 | ||
| 4 | Risk Mitigations | 0.75 | 1:45 | 2:30 | MIT |
| 5 | Risk Measurement | 0.75 | 2:30 | 3:15 | MES |
| Break | 0.25 | 3:15 | 3:30 | ||
| 6 | Risk Reporting | 0.5 | 3:30 | 4:00 | MES |
| 7 | Risk Management Roles | 0.5 | 4:00 | 4:30 | ROL |
| 8 | ERM Framework | 0.5 | 4:30 | 5:00 | FRA |
Additional Reading and Reference Materials
ERM_ Practice_Note_July_2013_0
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Versions of this course have been presented in:
- Chicago (2001) – Sponsor SOA
- Orlando (2001) – Sponsor SOA
- New York (2002) – Sponsor SOA
- Denver (2003) – Sponsor SOA
- Seoul (2005) – Sponsor Samsung Fire & Marine / Milliman
- Nairobi (2010) – Sponsor IAA
- Riyahd (2010) – Sponsor Saudi Re
- Almaty (2012) – Sponsor IAA
- Mexico City (2012) – Sponsor IMF
- Laussane (2013) – Sponsor SAA
- Philadelphia (2014) – Sponsor CAS
- New York (2014) – Sponsor CAS
- Bogota (2014) – Sponsor ACA
- San Francisco (2015) – Sponsor CAS
- Virtual (2107) – Sponsor Willis Re
- Virtual (2018) – Sponsor Willis Re
- Virtual (2021-2022) – Sponsor IABA
This page provides handouts and readings for students to these courses. The author does not grant permission for anyone to sell this material.
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2015 Intro to ERM (SF February)
PDFs of Seminar Slides
Rational adaptation for ERM in a changing environment
2014 Practical Overview of ERM
Reference Materials
ERM_ Practice_Note_July_2013_0
Reading Materials
Investment Strategy Development
Trifurcation_Divide_to_Conquer
SAA 26th Summer School – Lausanne – 2013
Session P_Ingram_seven_principles_insurer_erm
ERM Seminar – Mexico City 2012
Spanish Versions
Materials for the 3rd Actuarial School in Almaty, October 2010.
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Posts on 8 ERM Fundamentals
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Materials for the November 2009 ERM Course in Nairobi Kenya
Course
Slides
Readings
IAISGuidance_paper__2_2_5_on_ERM
5 ERM_Criteria_Refined_June_2006
2008 Hedging Results in the Crisis
PRUDENTIAL SUPERVISION OF INSURANCE UNDERTAKINGS
Managing Risk: Practical lessons from recent “failures” of EU insurers
Insurance Industry Background
CORE ERM PRACTUCES
Risk Reporting
Riskviews 
February 4, 2014 at 6:47 am
[…] Korea; Nairobi, Kenya; Almaty, Kazakhstan; Mexico City, Mexico and Lausane, Switzerland. See Introduction to ERM where slide decks and suggested readings are […]
October 22, 2010 at 11:24 am
[…] This post is the first in a series to discuss the 8 ERM Fundamental Practices. There is more material for starting ERM programs at Introduction to ERM. […]
May 4, 2010 at 3:58 pm
Videos of Max Rudolph presenting “Making Better Decisions using ERM” at https://riskviews.wordpress.com/2010/04/21/making-better-decisions-using-erm/
October 30, 2009 at 1:21 pm
Other resources are identified at ERMBOOKS http://wp.me/gZQh