Titles & Reporting Structure
“Which of the following best describes your title?”
President/RM
0.6%
Vice
President/RM
12.2%
Other
7.3%
Chief Risk Of;cer
1.8%
Enterprise Risk
Manager 1.8%
Insurance/Risk
Admin 3.0%
Risk
Manager
29.3%
Director/RM
43.9%
“Which of the following titles best describes
the person to whom you report?”
Chairman
1.9%
Assistant
Treasurer
1.2%
Controller
1.2%
Other
18.6%
Legal
Counsel
6.8%
Treasurer
14.3%
President
5.6%
Executive VP
8.1%
CEO
9.9%
CFO
17.4%
Senior VP
10.6%
VP Finance
4.3%
EMPLOYMENT PICTURE:
Job Security, Adding Staff
When asked whether there have
been layoffs in their risk-management
department in the past 12 months:
said no
93.5%
Asked whether their
risk-management departments
expanded in the past 12 months:
a 5.5% increase over 2011.
said yes
20.6%
80%
70%
60%
71.7%
50%
40%
30%
34.9%
20%
10%
3.0%
6.0%
9.0%
Nearly 35 percent of risk managers who responded hold a master’s degree—a number that
is expected to rise as companies become more selective in their risk-management needs.
With the majority of risk managers reporting to the financial executives of their organizations,
an MBA in finance is very much in demand, says Bill Perry, president of Logic Associates,
one of the pre-eminent executive-recruiting firms for risk managers: “Risk management itself
has become more of a finance entity than it is legal and/or HR,” Perry says.
