ACTEX eLearning Presents:
ACTEX eLearning Webinar: Enterprise Risk Management with Sim Segal
How to Quantify Strategic and Operational Risk
1.2 SOA/EA CPD, CAS CE Credits/Training Hours
How to Quantify Strategic and Operational Risk: The Holy Grail of ERM
We often hear ERM panelists state that “some risks just can’t be quantified” and they are typically referring to strategic and operational risks. Yet we also know that if something cannot be measured then it cannot be managed. In fact, research reveals that the failure to quantify strategic and operational risks is a key obstacle to a successful ERM program. In this webinar, we discuss the reasons driving the persistence of the myth that some risks can’t be quantified; we discuss research indicating the dangers of failing to quantify these critical risks; and we present a practical yet advanced step-by-step approach that finally delivers on the promise of ERM: to quantify all risk sources on a consistent basis.
- Understand the reasons behind the persistent myth “some risks can’t be quantified”
- Become aware of research studies that reveal the dangers of failing to quantify strategic and operational risks
- Learn a practical yet advanced approach for quantifying all sources of risk on a consistent basis
Instructor Sim Segal, FSA, CERA is a globally-recognized ERM thought leader renowned for his engaging presentation style. Segal is president of SimErgy, which provides a full range of ERM consulting services; director of ERM programs at Columbia University; author of Corporate Value of Enterprise Risk Management, well received by the business community and required reading on syllabi of the SOA and leading universities; and host of Risk Radio, a weekly radio show. Segal has given over 160 presentations on ERM and risk-related topics. He is frequently quoted by media, such as Wall Street Journal, Treasury & Risk, and CFO Magazine. Segal authored numerous articles in leading publications, such as Forbes, American Banker, and Corporate Finance Review. Segal is former VP on the board of directors of the Society of Actuaries, where he served as inaugural chairman of its Risk Committee, leading the design and implementation the SOA’s ERM program. He is a Fellow of the Society of Actuaries and a Chartered Enterprise Risk Analyst.
Who Should Attend?
Anyone interested in enterprise risk management (ERM). This is accessible to those without any prior ERM background and also provides practical helpful lessons to advanced ERM professionals on how to deal with some of the most challenging risks in the organization.
EA Credit Information:
The Joint Board for the Enrollment of Actuaries (JBEA) has approved ACTEX as a qualifying sponsor of continuing professional education (CPE) programs for enrolled actuaries.
ACTEX believes in good faith that you may earn continuing professional education (CPE) non-core non-ethics credits under the Joint Board for the Enrollment of Actuaries (JBEA) rules for attending this webinar. The JBEA makes the final determination about what constitutes core, non-core, ethics, or non-ethics CPE and the number of CPE credit hours allocated.
The registration fee includes access to the webcast recording and supplemental materials for up to 180 days.
All prices are in USD.
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