Mary Stewert, MS, CPCU, ARM, ARM-P
Session Description:
The new ARM program teaches the in-depth knowledge needed to assess and respond to the numerous hazard
risks your company faces. This course will highlight the purpose of the Association in Risk Management Program
and help participants to prepare for the three national exams:
ARM 54 --Risk Assessment
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 --Risk Control
Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures;
Criminal Loss Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration;
Fleet Operations Loss Exposures; Environmental Loss Exposures; Understanding System Safety; Motivating and
Monitoring Risk Control Activities.
ARM 56 --Risk Financing
Understanding Risk Financing; Insurance as a Risk Financing Technique; Insurance Plan Design; Reinsurance
and Self-Insurance; Retrospective Rating Plans; Captive Insurance Plans; Finite and Integrated Risk Insurance
Plans; Capital Market Risk Financing Plans; Forecasting Accidental Losses; Self-Insurance Plans; and
Purchasing Insurance and Other Risk Financing Services and Risk Financing Needs.
Speaker Bio:
Mary Stewart is the Director of Research and Development for the Public Entity Risk Institute (PERI). She is
responsible for PERI's Data Exchange Program, a web based data warehouse created to offer performance
measurement and benchmarking tools for public entities, and PERI's E-Training that offers educational courses
for nonprofit, governmental, and small business organizations.
Her past experience includes over 25 years as risk manager for a city, county and large airport authority. Ms.
Stewart was on Business Insurance's Risk Manager of the Year, Honor Roll in 1991, received an Award of Merit,
from ITT Hartford Insurance in 1996, and PRIMA's Risk Manager of the Year in 2001.
Ms. Stewart has a Master of Safety Science Management from the University of Southern California and holds
designations from the Insurance Institute of America: a Chartered Property and Casualty Underwriters (CPCU),
Associate in Risk Management, (ARM), and Risk Management for Public Entities (P).
Insurance Institute of America
ARM delivers the skills you need.
The new ARM program teaches the in-depth knowledge needed to assess and respond to the numerous hazard risks your company
faces. ARM helps employees to:
• Build a strong foundation in the science of risk management
• Gain practical skills to avoid, reduce, and manage risk
• Learn to adapt those skills to meet changing needs
ARM 54—Risk Assessment
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—Risk Control
Controlling Property, Personnel, Liability, and Net Income Loss Exposures; Intellectual Property Loss Exposures; Criminal Loss
Exposures; Disaster Recovery for Property Loss Exposures; Understanding Claim Administration; Fleet Operations Loss Exposures;
Environmental Loss Exposures; Understanding System Safety; Motivating and Monitoring Risk Control Activities.
ARM 56—Risk Financing
Understanding Risk Financing; Insurance as a Risk Financing Technique; Insurance Plan Design; Reinsurance and Self-Insurance;
Retrospective Rating Plans; Captive Insurance Plans; Finite and Integrated Risk Insurance Plans; Capital Market Risk Financing Plans;
Forecasting Accidental Losses; Self-Insurance Plans; and Purchasing Insurance and Other Risk Financing Services and Risk Financing
Needs;
ARM also meets one of the requirements for the RIMS Fellow designation. For information, visit www.rims.org.
The following course is required in addition to ARM 54, 55, and 56 to earn the ARM-P designation:
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
Course Sequence: It is best to take ARM 54 first.
Exam Type
ARM 54/55/56: Eighty-five computer-administered, objective (multiple-choice) questions. Time allotted: 2 hours.
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.
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. You can register for your exam when you order study materials, or you can register
closer to your exam date. If you have questions, contact Customer Support at customersupport@cpcuiia.org.
Talk to us!
We are interested in hearing what you think about our Web site, study materials, examinations, or anything else that comes to
mind. We appreciate your suggestions, questions, and comments. Please allow two full business days for a return reply.
To change an exam registration, please call the 800 number listed below.
Here is how you can contact us:
E-mail: customersupport@cpcuiia.org
Phone: (800) 644-2101
Fax: (610) 640-9576
Mail: |
AICPCU/IIA
720 Providence Road
Suite 100
Malvern, PA 19355-3433 |
Customer Support hours are Monday through Friday, 8:00 a.m. to 6:00 p.m. eastern time.
