Registered Risk Practitioner

 

What is the Registered Risk Practitioner Scheme?

The Registered Risk Practitioner (RRP) Scheme is designed to recognize the experience and qualifications of risk management practitioners, from a range of professional backgrounds, and to record their continuing professional development in the field.

Developed by Alarm, in conjunction with AIRMIC and the Institute of Risk Management, the RRP scheme is open to risk practitioners from the private, public and not-for-profit sectors.

RRPThe RRP scheme acknowledges the fact that many risk practitioners have developed into corporate risk management roles, often from a professional background, and holding qualifications, in related areas such as insurance, occupational health and safety, environmental or project management, accounting or auditing, security or fire safety, or as company secretaries and administrators.

The scheme therefore builds on the qualifications and designations awarded by a number of professional institutes and academic bodies, including the Institute of Risk Management, the Chartered Insurance Institute, the Institution of Occupational Safety and Health, and many others.

 

The Registered Risk Practitioner scheme offers a means by which professional standing and CPD in risk management can be recognised and rewarded.  The scheme is a register that awards RRP status to corporate risk practitioners who can demonstrate that they have:

  • A risk management or related qualification
  • A minimum level of professional experience
  • Continuing professional development

What are the benefits of achieving RRP status?

As the profession of corporate risk management has developed, so too has the demand for increased professionalism in the development and delivery of risk management solutions.  With rapid changes in the nature and types of risk, the legislative environment and the expectations of stakeholders, there is a need for the risk practitioner to be able to demonstrate his/her professional standing and provide evidence of continuing professional development (CPD).

Achieving the designation of Registered Risk Practitioner helps meet these requirements by providing a recognised competency level for risk practitioners, which:

  • Demonstrates competency levels for the purposes of internal / external audit
  • Enhances candidate’s profiles with employers, prospective employers, clients and other stakeholders
  • Improves status and recognition amongst your professional peers
  • Encourages individual professional development

Who is eligible to apply?

Risk practitioners holding any of the listed RRP eligible qualifications, and who can demonstrate an appropriate level of professional experience and continuing professional development in the field of risk management, are eligible to apply for Registered Risk Practitioner status.