Insights

Institutional Profiles of Risk Management – An Ongoing Series

Discover what the risk management function/structure looks like at other URMIA member institutions

If You’ve Seen Two Institutions’ Risk Management Structure…

Modifying our favorite phrase from Gary Langsdale, an URMIA past president and former assistant vice president & university risk officer at Penn State University, we would complete the header to say “you’ve seen two institutions’ risk management structure.”

We’re sharing the risk management profile of URMIA institutional members to help you see how others are structured and find some fellow URMIAns that you might want to connect with because you have a question about how they operate.

If you’d be willing to share your risk management area/department for a future profile, complete this form for URMIA and watch future issues of URMIA Insights.


Institution name	Virginia Tech	University of Utah
Location	Blacksburg, Virginia	Salt Lake City, Utah
Institution type	Public	Public
School Enrollment*	38,811	31,906
How big is your risk management department	5+ people devoted to risk management responsibilities	3-4 people devoted to risk management responsibilities
Title of person top risk manager reports to	AVP of Finance and University Controller	Associate Vice President of Debt & Asset Management
Department/division where risk management is housed	Finance	CFO
Areas risk management is responsible for	Alternative risk financing, casualty insurance, claims, healthcare, insurance, (student health insurance plan only)	Alternative risk financing, casualty insurance, claims, contracts, enterprise risk management, fine arts & special collections, insurance, loss control, transportation
Extra information	Virginia Tech generally is highly decentralized, so we spend a lot of time building relationships and demonstrating our ability to add value as departments and units manage their risks, including higher risk activities that are often centralized (youth protection, drones, etc.).