The next generation of risk managers is poised to build on the breakthroughs of their predecessors to “take risk management to the next level” in terms of greater responsibilities, visibility and pay, the profession's top placement expert contends.
Indeed, those just now cutting their teeth in the business–coming up through the ranks as assistant directors of risk management, risk analysts and other subordinate titles–are better prepared and positioned to make an even bigger mark on the profession, following the trail blazed by their superiors, according to Bill Perry, president of New York-based Logic Associates Inc.
“The difference today is the younger generation is more apt to go for an MBA, and are ambitious about the potential for career growth within this field,” said Mr. Perry–whose “2006 Risk Management Compensation Survey” was co-sponsored exclusively for the fifth-straight year by National Underwriter.
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