Insights

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

If 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.

Hood College

Location:

Frederick, MD

Institution type:

Private Institution of Higher Education

School Enrollment:

* 1,603

How big is your risk management department:

Less than 1 person (meaning the person who does risk management has other responsibilities, too)

Title of person top risk manager reports to:

VP for Finance

Department/division where risk management is housed:

Finance and Administration

Extra information:

While I have risk management responsibilities (mostly insurance and risk management committee), risk management is decentralized (meaning everyone is a risk manager).

Wheaton College

Location:

Wheaton, IL

Institution type:

Private Institution of Higher Education

School Enrollment:

* 2,750

How big is your risk management department:

2 people devoted to risk management responsibilities (1 at 100%; 1 at 75% time on risk management responsibilities

Title of person top risk manager reports to:

General Counsel

Department/division where risk management is housed:

Office of Legal Affairs and Risk Management within Finance and Operations

Areas risk management is responsible for:

Athletics, Auxiliary Programs, Business Continuity, Casualty Insurance, Claims, Compliance, Contracts, Crisis/Emergency Management, Emerging Risks, Enterprise Risk Management, Environmental Health & Safety, Fine Arts & Special Collections, Insurance, International/Travel Abroad, Law and Legal Affairs, Loss Control, Minors, Safety & Security, Student Affairs, Transportation

*Per IPEDS’ most recent data, 2022-23

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