RIMS Launches Risk Management Professional Growth Model at RIMS 2008 Annual Conference & Exhibition

Revolutionary career tool to focus on risk manager�s role and career development

April 30, 2008 – SAN DIEGO, CALIF. – The Risk and Insurance Management Society (RIMS) released its Risk Management Professional Growth Model today at RIMS 2008 Annual Conference & Exhibition in San Diego. RIMS Quality Advisory Council developed the model as a way to assess various risk manager experience levels and corresponding skill sets, and to be used as a guide in professional development. The career tool is being distributed to all RIMS members starting in May will be made available as a benefit to new members.

“RIMS Risk Management Professional Growth Model was born from the need to improve quality in the risk management industry�starting with the risk practitioner,� says Janice Ochenkowski, RIMS president and Managing Director of Jones Lang LaSalle Incorporated. �The model focuses on what the risk manager can do to improve personal skills and effectiveness, thereby directly benefiting employers, the overall risk management industry and one�s desire to grow professionally.”

The new career tool provides risk practitioners with a roadmap of the characteristics and skills needed to better define the roles a risk manager and identify what tools can be leveraged in order to improve performance and advance one�s knowledge base and career�from entry through executive. A combination of vital communication, business and strategic risk management skills, along with management and leadership skills are outlined in the grid. The information falls into four categories, including abilities and knowledge; skills and attributes; tools; and distinguishing features.

RIMS Risk Management Professional Growth Model also serves to support employers in writing risk management job descriptions and hiring, as well as evaluating employees and risk departments. Ultimately, the tool offers a set of guidelines that allow risk managers to take control of managing and assessing performance excellence and career planning.

Access RIMS Risk Management Professional Growth Model at www.RIMS.org/Quality.

About the Risk and Insurance Management Society, Inc

The Risk and Insurance Management Society, Inc. (RIMS) is a not-for-profit organization dedicated to advancing the practice of risk management, a professional discipline that protects physical, financial and human resources. Founded in 1950, RIMS represents more than 4,000 industrial, service, nonprofit, charitable, and governmental entities. The Society serves more than 10,700 risk management professionals around the world. For more information, visit www.RIMS.org.

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