Risk Manager's Role More Specialized As Number Of Policy Placements Grows Even in this troubled economy, with companies looking to cut non-core functions to save money, good risk managers should not be in danger of seeing their function outsourced or absorbed by the CFO, the industry's leading headhunter contends.

“Even at smaller companies, that's only a risk if the risk manager has failed to demonstrate his value,” said Bill Perry, president of Logic Associates in New York.

“But even in large firms, the risk manager can't get away with sitting in some ivory tower and talking in 'Insuranceeze.' They have to be out there communicating and politicking on what risk management is all about,” he added.

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