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Best risk manager certifications
Risk manager certifications allow job seekers to demonstrate their competency as an risk manager to employers. However, not all risk manager certifications provide the same value for job seekers.
The best certifications for a risk manager are Certified Risk Manager (CRM), Associate in Risk Management (ARM), and Certified Professional in Healthcare Risk Management (CPHRM).
Below is a list of the best risk manager certifications. Obtaining an risk manager certification will give you a leg up when you apply for jobs and increase your potential salary.
14 best certifications for risk managers
14 best risk manager certifications
1. Certified Risk Manager (CRM)
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
2. Associate in Risk Management (ARM)
The Insurance Institute of America's newly revised Associate in Risk Management (ARM) designation program will teach your employees the practical, relevant skills they need to help manage risk at all levels of your company.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
3. Certified Professional in Healthcare Risk Management (CPHRM)
CPHRM status provides both internal and external rewards. CPHRMs enjoy the pride of recognition of being among the elite in a critical field of healthcare. And CPHRM is a premier credential based on a sound assessment that provides distinction in an increasingly competitive marketplace.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
4. Project Management Professional (PMP)
The PMP designation following your name tells current and potential employers that you have demonstrated a solid foundation of knowledge from which you can competently practice project management.To be eligible for a PMP Credential, you must first meet specific educational and project management experience requirements and agree to adhere to a code of professional conduct. The final step to becoming a PMP is passing a rigorous multiple-choice examination designed to objectively assess and measure your ability to apply project management knowledge in the following six domains: initiating the project, planning the project, executing the project, monitoring and controlling the project, closing the project, and professional and social responsibility. This computer-based examination is administered globally with translation aids in 10 languages.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
5. Certified Information Systems Auditor (CISA)
The CISA designation is a globally recognized certification for IS audit control, assurance and security professionals. Being CISA-certified showcases your audit experience, skills and knowledge, and demonstrates you are capable to manage vulnerabilities, ensure compliance and institute controls within the enterprise.
- More than two years of education or training after high school required? No
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
6. Certification in Risk and Information Systems Control (CRISC)
The Certified in Risk and Information Systems Control™ certification (CRISC™) is designed for IT professionals who have hands-on experience with risk identification, assessment, and evaluation; risk response; risk monitoring; IS control design and implementation; and IS control monitoring and maintenance. The CRISC designation will not only certify professionals who have knowledge and experience identifying and evaluating entity-specific risk, but also aid them in helping enterprises accomplish business objectives by designing, implementing, monitoring and maintaining risk-based, efficient and effective IS controls.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
7. OSHA Safety Certificate
This 40-hour program covers both the Construction 1926 and General Industry 1910 Standards, how to effectively interpret the Federal Register, health issues related to a work environment, recognition of physical hazards related to the violation of OSHA standards, and employer implementation of their own pro-active safety and health procedures.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? No
- Renewal required? No
8. Certified Manager Certification (CM)
The Certified Manager Animal Resources (CMAR) certification program is designed to raise competency and professionalism in the field of Animal Resources Management. The CMAR designation involves a series of four examinations: three exams arranged via an organization called the Institute for Certified Professional Managers (ICPM), and the Animal Resources Exam offered by AALAS. Obtaining the CMAR designation is a sign of professionalism in the field of animal resources management.
- More than two years of education or training after high school required? No
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
9. Certified Financial Risk Manager (FRM)
The FRM program is rigorous and is designed to measure a candidate's grasp of the latest technical and industry knowledge; successful completion of the program signifies a candidate's ability to keep pace with a rapidly changing financial landscape.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
10. Certified Information Security Manager (CISM)
The Certified Information Security Manager® (CISM®) certification program is developed specifically for experienced information security managers and those who have information security management responsibilities. The CISM certification is for the individual who manages, designs, oversees and/or assesses an enterprise's information security (IS). The CISM certification promotes international practices and provides executive management with assurance that those earning the designation have the required experience and knowledge to provide effective security management and consulting services. Individuals earning the CISM certification become part of an elite peer network, attaining a one-of-a-kind credential. The CISM job practice also defines a global job description for the information security manager and a method to measure existing staff or compare prospective new hires.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
11. Certified Information Systems Security Professional - Architecture (CISSP)
CISSP-ISSAP requires a candidate to demonstrate 2 years of professional experience in the area of architecture and is an appropriate credential for Chief Security Architects and Analysts who may typically work as independent consultants or in similar capacities. The architect plays a key role within the information security department with responsibilities that functionally fit between the C-suite and upper managerial level and the implementation of the security program. The candidate would generally develop, design, or analyze the overall security plan. Although this role may typically be tied closely to technology, it may be fundamentally closer to the consultative and analytical process of information security.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 3 year(s)
12. Certified Management Accountant (CMA)
The CMA (Certified Management Accountant) is the advanced professional certification specifically designed to measure the accounting and financial management skills that drive business performance.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 1 year(s)
13. Certified Safety and Health Manager (CSHM)
The CSHM program recognizes the safety and health professionals who demonstrate knowledge of health and safety management skills and techniques through examination and experience.
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? Yes
- Oral or written exam required? Yes
- Renewal required? Every 5 year(s)
14. Certified Insurance Data Manager (CIDA)
- More than two years of education or training after high school required? Yes
- More than two years of work experience required? No
- Oral or written exam required? Yes
- Renewal required?
What is the best certification for a risk manager?
The best risk manager certification is Certified Risk Manager (CRM). The Certified Risk Manager (CRM) is awarded by the The National Alliance for Insurance Education and Research. The advanced certification is for more experienced employees as it often requires some work experience to acquire.
Here's a bit more background on how to obtain this risk manager certification:
- To become a certified Certified Risk Manager (CRM), you need to pass the exam.
- Lucky you - certification doesn't require more than two years of work experience.
- Renew certification every 1 year.
What are some of the most in-demand certifications for risk managers?
The most in-demand risk manager certification is Certified Professional in Healthcare Risk Management based on all active job postings. Having this risk manager certification will give you access to more risk manager jobs with higher salaries.
What certifications can impact a risk manager career and salary?
The Certified Manager Certification certification will help you to secure a vice president position, which will increase your pay and career trajectory. A vice president's average salary is $162,015 whereas risk managers make an average salary of $116,072.
The most common combination of risk manager certifications include: Certified Risk Manager (CRM), Associate in Risk Management (ARM), and Certified Professional in Healthcare Risk Management (CPHRM).
Online courses for risk managers to earn certifications
1. Introduction to Compliance Risk Management CRM
Compliance risk management CRM for Compliance, Risk Management, Internal Audit and IS Security Professionals...
2. ISO 31000. Risk manager training
Understand the framework for managing risk proposed by ISO 31000 and the risk techniques of IEC 31010...
3. Operational Risks Management ORM
Operational Risks Management ORM Case Studies for Risk Management, Compliance, Audit, IS Security, Banking Professionals...
4. Informed Risk Taking: Risk Management Process - Analysis
Risk Management Strategies : Risk Analysis Techniques : Risk Management Principles : Risk Management Process : Methods...
5. The Agile Methodology for Project Risk Managers
The Agile Project Management and Risk Management for Project Professionals Full Course...
6. Project Management Fundamentals: Risk Management
Without risk, there can be no reward. Learn how to your risks it into your allies...
7. OSHA Safety Training: Heat Stress Management
A Workplace Safety Management Course for Current and Future Safety Professionals...
8. Certified Risk Management FMEA ISO 31000 Expert Accredited
Certified Risk Management Expert ISO 31000: 2018 FMEA Enterprise Risk Management Risk Assessment Risk Analysis...
9. Project Risk Management
Practice of identifying , analyzing, prioritizing and mitigating risks...
10. Risk Management: Hazard Identification & Risk Assessment
Risk Management: Hazard Identification & Risk Assessment (HIRA), Hazard Control & Mitigation, Risk Evaluation Techniques...
11. The Risk Management Certification Program (PMI-RMP) (PMBOK7)
Planning Risk Management, Identifying Risk, Analyzing Risk and Responding to Risk by PMBOK6 (PMBOK7 Updated)...
12. Financial Risk Management (FRM): Foundational FRM Principles
Minimize Financial Risks While Maximizing Financial Reward. + Financial Risk Management (FRM) Process Implementation...
13. ISO 45001. Occupational health & safety management system
Upgrate your health and safety career by understanding the requriements for an OH & S management system from ISO 45001...
14. Risk Management: An Introduction
An essential guide to understanding Risk Management...
15. ISO/IEC 27005:2022. Information security risk management
Understand the framework proposed by ISO for managing information security risks in an organization...
16. Risk Management for PMI Certification
Get Ready for PMI Risk Management Professional Certification Exam...
17. Manage Project Risks Impeccably (12 PDUs, RMP - PMP) PMBOK 7
PMI Project Risk Management RMP Certification Program Course. Practical & easy to follow Use Case Project. PMBOK 7...
18. Enterprise Risk Management and ISO 31000
Learn how to make better decisions in the increasingly uncertain business environment...
19. ISO 22000:2018. Food Safety Management System
Understand the requirements for a food safety management system applicable for any organization in the food chain...
20. Enterprise Risk Management
Develop the Risk Based Thinking for your Business Processes Apply ERM in 5 Simple Steps to any Business...