Canadian Underwriter

RIMS CRMP exam now available online

September 9, 2016   by Canadian Underwriter

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Risk and Insurance Management Society (RIMS) Inc. announced Friday that members interested in attaining the Certified Risk Management Professional (RIMS-CRMP) designation will soon be able to take the exam online.

Hi-tech and internet era makes everything become more convenient“Eligible practitioners will be able to take the online exam at their convenience from October 15 through December 15,” New York City-based RIMS stated in a release. “Additional test-taking windows will be available in 2017.”

RIMS has more than 11,000 members and represents more than 3,500 organizations in more than 60 countries. RIMS Canada’s annual conference starts this Sunday in Calgary.

RIMS administered the first in-person exam in April, 2016. The society noted that 90 people now have the certification.

“The RIMS-CRMP is awarded for a period of two years,” RIMS stated on its website. To qualify for recertification, an applicant must achieve certain continuing education requirements and agree to uphold a code of ethics.

RIMS publishes the names of all individuals with the CRMP certification. Those who fail the exams do not have their names published.

“Those eligible for the RIMS-CRMP must either have a bachelor’s degree or a global equivalent in risk management and one year of full-time work experience in risk management, or a bachelor’s degree or global equivalent in a non-risk management related field and three years of full-time risk management employment,” RIMS noted. “If the individual does not hold a bachelor’s degree or a global equivalent, they must have seven years of risk management experience. Possessing an Associate in Risk Management (ARM) and/or a Canadian Risk Management (CRM) designation accounts for two years of risk management experience.”

Risk managers who pass the CRMP exam can add the RIMS-CRMP initials following their name. They are also recognized in the RIMS Annual Conference Guide that is distributed to all attendees. Certified individuals are not required to attend any RIMS event, but doing so will let them earn points towards recertification.

RIMS’ mission statement is to educate, engage and advocate for the global risk community.

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