If you own a company or work in the risk management industry, you would do well to partner with risk management associations to strengthen your business expertise and credibility. Industry organizations bring together professionals with similar goals and challenges. Members of industry organizations come from across company divisions, but all share the same objective of expanding their knowledge.

Becoming a member of the right organization opens the door to a wealth of expertise. You will be exposed to many networking opportunities, information and resources. Additionally, professional risk management associations may also provide invaluable services that include new products, education opportunities and industry support. When looking for membership with a risk management association, remember the following:

1. Make sure the risk management groups you're interested in is credible. Check BBB or other industry accreditations.

2. Most organizations charge fees for memberships, so make sure you’re getting your money’s worth before you pay.

3. Many organizations don’t stipulate membership for certification.

Action Steps
The best contacts and resources to help you get it done

Become a member of an accredited risk management association

Although many organizations offer information, tools and resources to non-members, you can benefit substantially from becoming a member. Membership opens the door to additional services, products and representation. Register as a business rather than as just an individual, if possible, so your employees can benefit from the membership.

I recommend: The Risk Management Association provides several membership options to choose from. The Fiduciary & Investment Risk Management Association, Inc. offers a wide variety of membership benefits, including networking opportunities and a discussion forum.

Join risk management councils that offer a full schedule of events and conferences

Events and conferences are a boon to any business. They give you an opportunity to network and share issues with industry peers. More importantly, they give your company exposure within the industry, and provide you an opportunity to further your relationships with other businesses. Try and pick organizations with nationally-recognized events.

I recommend: The Public Risk Management Association and the Global Association of Risk Professionals both offer a calendar of industry events for educational and networking opportunities.

Take advantage of training opportunities provided by risk manager organiz

Progress stops for no one, and you need to advance as a professional by keeping your industry skills sharp and current. Take advantage of educational programs and tools to assist you and your employees in knowledge development and career advancement. Many organizations offer information on upcoming seminars, conferences, business development courses and other industry-related programs, in addition to industry certifications.

I recommend: The American Risk and Insurance Association offers educational opportunities such as RMI scholarships, grant opportunities, and teaching resources. The Risk and Insurance Management Society, Inc. provides a wide selection of courses, including online classes and webinars.

Tips & Tactics

Helpful advice for making the most of this Guide

• •  If you're considering professional risk management organizations for their online resoucres, look for one with an active forum where you can discuss issues with industry experts in real time.