RMs Must Expand Skills To Keep Jobs
Risk managers, whether still employed orvictims of the recession, need to beef up their financial skills,and perhaps even get a masters degree to improve their chances ofkeeping their position or landing a new post in this tough jobmarket, according to risk management experts.

“The hard [insurance] market is a blessing and a curse for riskmanagers with average skills,” said William Perry, president ofLogic Associates Inc., a risk management placement firm in NewYork. “It's a blessing in that it's keeping risk managers on thejob because they're needed more than ever. At the same time, therisk manager is under the microscope and his skill set might not beexactly what his company wants.”

Ultimately, Mr. Perry said, a risk manager who lacks the desiredfinancial skills or know-how could be pushed out of a job.

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