PRMIA Intelligent Risk - October, 2021

Page 41

PRM™ Spotlight - Ken Radigan Ken Radigan was working at AIG during the 2008 financial crisis as Director of Catastrophe Modeling. AIG was the beneficiary of a bailout package from the US government, but they needed to prove that they were taking appropriate steps to enhance their risk management oversight. Ken was asked to be the Chief Risk Officer of the Casualty Business. As Ken recalls, “I took this position very seriously. We had made some very big mistakes in the past, and we couldn’t afford to make any more. I needed to learn everything I could about risk management to ensure that we were following best practices. I looked at the risk management certification programs that were currently available, and I thought the PRM™ program was the best program to meet my needs. I thought it was more technical than other programs, and I also liked the fact that it included a study of real-life case examples.” Upon completion of the PRM program, Ken also became very involved with the PRMIA community. He joined the New York steering committee and was ultimately elected as Regional Director. He was chair of the ethics committee and chair of the finance committee for PRMIA. He also served as a member of the Board of Directors and is currently serving as PRMIA’s CEO. “The PRM program and the broader PRMIA community have been instrumental in my career development. The PRM program is a challenging one. It requires you to be an expert in several areas of risk management. However, upon completing the PRM program you will have the confidence of knowing that you have distinguished yourself as being a leader in the field. The PRMIA community will also provide you with the resources you need to enhance your risk management career. You will have access to new and evolving practices, as well as the ability to network with other risk practitioners.”

Ken Radigan

Intelligent Risk - October 2021

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