Training on Enterprise Risk Management (ERM) for Insurance Professionals
ERM training for insurance professionals covering risk management, compliance, and strategic decision-making.
Next intake
20 Jul 2026 · Nakuru
Duration
5 days
Live instruction
Delivery
Physical + Virtual
Cohort based
Level
Intermediate
Working professionals
Certification
NITA reimbursable
For Kenyan cohorts
Language
English
All materials
About this programme
Enterprise Risk Management (ERM) is essential for insurance organizations to identify, assess, and manage risks in a structured and integrated manner. With increasing regulatory requirements and evolving risk landscapes, insurers must adopt robust ERM frameworks to enhance resilience and ensure sustainable performance.
This course provides a comprehensive understanding of ERM principles tailored for the insurance sector. Participants will learn how to identify key risks, implement risk management frameworks, ensure regulatory compliance, and integrate risk management into strategic decision-making.
Duration
5 Days
Who Should Attend
- Insurance professionals and managers
- Risk and compliance officers
- Underwriters and actuaries
- Internal auditors
- Finance and strategy professionals in insurance
What you'll walk away with
By the end of the course, participants will be able to:
- Understand ERM frameworks and principles
- Identify and assess risks in insurance operations
- Implement risk management strategies
- Ensure regulatory compliance and reporting
- Integrate risk management into business strategy
What we cover, module by module
Module 1: Introduction to ERM in Insurance
- Overview of Enterprise Risk Management
- Importance of ERM in the insurance sector
- Types of risks (underwriting, market, operational, regulatory)
- ERM frameworks and standards
- Case Study: Risk failures in insurance
- Practical: Identifying enterprise risks
Module 2: Risk Identification & Assessment
- Risk identification techniques
- Risk assessment tools and methodologies
- Risk scoring and prioritization
- Risk registers and documentation
- Workshop: Developing a risk register
- Case Study: Risk assessment scenarios
Module 3: Risk Mitigation & Control Strategies
- Risk mitigation techniques
- Internal controls and governance
- Risk transfer mechanisms (reinsurance)
- Business continuity planning
- Practical: Designing risk mitigation plans
- Case Study: Managing operational risks
Module 4: Regulatory Compliance & Risk Reporting
- Regulatory frameworks in insurance
- Compliance requirements and reporting
- Risk monitoring and performance metrics
- Communication with stakeholders
- Workshop: Preparing risk reports
- Case Study: Compliance challenges
Module 5: Integrating ERM into Strategy & Decision-Making
- Embedding ERM in organizational strategy
- Risk culture and leadership
- Strategic risk management
- Continuous improvement in ERM
- Capstone Exercise: ERM implementation plan
Where the change lands
Individual Impact
- Strong understanding of ERM in insurance
- Improved risk assessment and management skills
- Enhanced compliance and reporting capabilities
- Increased confidence in strategic risk decision-making
Organizational Impact
- Improved risk management and resilience
- Enhanced compliance with regulatory requirements
- Better strategic decision-making
- Increased organizational stability and performance
Dates and locations
Upcoming intakes
Every intake is limited to a small cohort. Booking closes when a date fills or three weeks before the start, whichever comes first.
| City | Starts | Ends | Delivery | Book |
|---|---|---|---|---|
NakuruNext | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kigali | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Accra | 20 Jul 2026 | 24 Jul 2026 | In-Person | Book |
Kisumu | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Johannesburg | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
Dakar | 27 Jul 2026 | 31 Jul 2026 | In-Person | Book |
- NakuruNext
20 Jul → 24 Jul·In-Person
Book this intake - Kigali
20 Jul → 24 Jul·In-Person
Book this intake - Accra
20 Jul → 24 Jul·In-Person
Book this intake - Kisumu
27 Jul → 31 Jul·In-Person
Book this intake - Johannesburg
27 Jul → 31 Jul·In-Person
Book this intake - Dakar
27 Jul → 31 Jul·In-Person
Book this intake
Common questions.
Still not sure? Send us a note and a facilitator will get back to you within a business day.
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Course finder
Find the right course for you
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For corporate teams
Training 10+ professionals?
We deliver Training on Enterprise Risk Management (ERM) for Insurance Professionals in-house at your offices, at a venue we arrange, or fully virtual. Customise the curriculum against your KPIs, and get a bespoke price for the cohort size you need.