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ISP TrainingsInnovative Special Projects

Insurance and Risk Transfer Auditing and Assurance

3 days|Delivered on request

This programme is written from the assurance side. Delegates learn to test whether risk assessment methodology and scenario analysis are working as claimed, and how to evidence the conclusion. Assurance work is under scrutiny because boards are being asked to evidence oversight, not merely assert it. Delegates leave able to work confidently with risk identification, risk culture and risk reporting to the board in their own organisation.

What delegates leave able to do

  • Explain risk identification to someone who does not do the work, measured against COSO ERM
  • Put risk culture on a footing they can defend to a reviewer
  • Take ownership of risk reporting to the board rather than escalating it
  • Spot where crisis management is failing before it becomes a finding

What the course covers

  • Risk assessment methodology
  • Scenario analysis
  • Risk identification
  • Risk culture
  • Risk reporting to the board
  • Crisis management
  • Compliance monitoring

Who should attend

  • audit and risk committee members
  • compliance officers
  • internal auditors
  • governance and assurance practitioners
  • business continuity coordinators
A printed performance report being reviewed at a meeting table

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