Women On The Rise In Risk Management
By Sam Friedman
Women continue to play a bigger role in the risk management profession, although the larger the organization, the more likely it is that the risk manager will be male, a survey by Logic Associates reveals.
"It is apparent that more women are getting into corporate risk management," observed Logic's president, Bill Perry. "Risk management is not the male bastion it once was. Women are making more inroads."
Progress is slow but steady across companies of all sizes, the survey found. Logic's "2002 Risk Management Compensation Survey," co-sponsored by National Underwriter, found that the highest relative number of female respondents–49 percent–came from firms with less than $200 million in sales volume, up from 45 percent in 2000, when Logic did its previous study.
As can be seen in the accompanying table, the percentage of women responding in each sales volume category in December 2002 was higher than the results in 2000. However, as sales volume grows, the percentage of women falls steadily–to a low of 13 percent in 2002 among firms with over $15 billion in volume, up from 9 percent in 2000.
Reproduced from National Underwriter Edition, April 7, 2003. Copyright 2003 by The National Underwriter Company in the serial publication. All rights reserved.Copyright in this article as an independent work may be held by the author.
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