Risk Management for Public Entities
Understand the unique nature of the public sector. Risk management is an increasingly important aspect of public administration. Completing the Risk Management for Public Entities course will help you understand the differences between public and private sector risk management. It can also help you broaden your career opportunities by increasing your understanding of public entity risk management. Upon completing the course and the ARM designation, you will earn the Associate in Risk Management for Public Entities (ARM-P) designation.
Required Courses
Certificate or Designation: The choice is yours. You will earn a Certificate of Completion when you pass the RMPE 352. Or you may choose to earn the ARM-P designation by passing the three ARM exams in addition to the RMPE 352 exam.
The following course is required to earn a Certificate of Completion:
RMPE 352-Risk Management for Public Entities: Public Sector Risk Management Administration, Risk Control, Exposure Identification & Analysis, Pooling for Risk Financing, Managing Distinctive Liability Exposures, Claims & Litigation, Risk Financing, Establishing Risk Management Programs, Disaster Planning & Emergency Response
The following courses are required in addition to RMPE 352 to earn the ARM-P designation:
ARM 54-Essentials of Risk Management: Establishing Risk Management Programs; The Risk Management Process; Legal Foundations of Liability Loss Exposures; Assessing Property, Liability, Personnel, and Net Income Loss Exposures; Management Liability and Corporate Governance; Forecasting Losses; and Cash Flow Analysis.
ARM 55-Essentials of Risk Control: Framework of Risk Control, Crisis Management Planning, Controlling Fire Losses, Protecting Health Potential of Personnel, Safer & More Productive Workplaces, Rehabilitation Management, Controlling Losses, Motivating & Monitoring Risk Control Activities, System Safety
ARM 56-Risk Financing: Insurance as a Risk Financing Technique, Excess & Umbrella Liability, Reinsurance & Risk Financing, Captives, Self-Insurance, Retrospectively Rated Plans, Finite & Integrated Risk Insurance Plans, Capital Market Products
Course Sequence: If pursuing the ARM-P designation, it is best to take ARM 54 first.
Exam Type
The Risk Management for Public Entities exam is an Exam-on-Request (EOR) and can be taken in two ways. Take the multiple-choice exam (1) by computer at an Institutes Approved On-Site Testing Center or Prometric Testing Center during our testing windows or (2) on paper in your workplace at any time. Read more about EOR exams.
ARM 54/55/56: Eighty-five computer-administered, objective (multiple-choice) questions. Time allotted: 2 hours.
This Program Right for You?
If you are new to the industry or are uncertain whether this program is right for you, try our online advising or fill out our a self-inventory form and mail it to the Institutes.
Get Started Now!
Get started now by ordering study materials. Save by ordering a package, which includes all study materials and the exam fee.
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