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Essentials in Risk Pool Management is a one-course certificate program,
developed through a collaboration of the National League of Cities Risk
Information Sharing consortium (NLC-RISC), the Association of Governmental
Risk Pools (AGRiP), California Association of Joint Powers Authorities
(CAJPA) and Insurance Educational Association (IEA).
The program is designed to develop individuals qualified
to be a member of staff, administer or manage risk management pools. The
management and staff of a risk pool must have a multitude of tools available
in order to be effective in the risk pool environment. The Essentials
in Risk Pool Management curriculum provides a risk pool participant with
theoretical and practical knowledge, which provides a solid foundation
to successfully work within or manage the risk pool.
Educational Objectives:
- Overview of insurance pooling
- Understanding the pool manager’s role
- Financial stability of a pool Underwriting and rating considerations
- Understanding financial reporting
- How to use GASB claim schedules
- Claims audits
- Understanding commercial property & casualty insurance
- By-laws and pooling agreements
Additional Course Elements:
- Employee benefit pools
- Pool/board relations, roles and responsibilities, mentoring/shadowing,
succession planning
- Alliance management/performance standards for TPAs
- Governance
- Need for cross-discipline knowledge (impact of a decision in one
functional area affecting other function areas)
- Public sector claims, i.e., how they differ from the private sector
- Options for handling excess surplus
- Understanding and managing the insurance marketplace
- Differences in pool structure/operations among the states (high-level
overview)
- Comparison of pool organizational documents and intergovernmental
agreements, especially among states
- Required soft skills and attributes, i.e., strong character, integrity,
ability to work collegially with people of different cultures, ages,
etc.
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ERPM Literature
Program
Overview
Program
Details
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