So you wanna be a risk manager? Great. First step: you’re going to need to get a job in the field. As always, that’s the challenging part. Most companies want people with experience.

But how do you get experience if you need experience before you can get experience?

How do you get that first job? A few top-level risk managers shared their philosophies on the matter with Property Casualty 360.

Tim East, director of corporate risk management for Walt Disney, told the site what he looks for when hiring.
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At a minimum [for employees], a bachelor’s degree in a field that’s related to risk management/business, finance, management—the possibilities are many because risk management is broad.

For an entry-level position, that’s sufficient; for a more senior position, I’d like to see experience in the industry, either with an insurer or broker, and some certification such as the ARM, CPCU or other credential.

For schools, we look at Florida State Univ., Georgia Southern and the Katie School, although there are others emerging. For recruiting, we look for individuals who have the education and are the right fit for our unique organization.”

Michael Liebowitz, the top risk manager at New York University and a former president of RIMS (the organization that publishes this blog), had some interesting insight of his own.

The hardest thing today in finding someone is getting an individual who is well rounded.

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Sometimes students are very focused; they jump at the first job that comes along. I understand that, but there is a difference in working at the carriers or the brokers, compared to working inside a corporation with a risk-management department.

I would rather have someone with a blank slate than someone with preconceived notions, or who has obtained a little bit of experience over the last 18 months or year.

The ‘but’ is that this generation moves around, and how much time do you want to invest in someone who is going to be gone in two years?
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All good advice for those trying to break into the discipline.

Or, if all else fails …