Emerging titles such as “enterprise risk manager” and “chief risk officer” have received a lot of ink lately in publications such as this, but are they truly the Holy Grail for traditional risk managers?

“These are still relatively rare titles. Maybe 5 percent of risk managers today hold those positions,” according to Bill Perry, president of New York-based Logic Associates Inc., the risk management field's top recruitment service.

Indeed, no one among the 1,475 risk managers surveyed by Logic for the “2006 Risk Management Compensation Survey,” sponsored exclusively by National Underwriter, reported using either of those titles, he noted.

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