Risk manager in residence
Applications annually are due on April 1. Click here to access the application.
For nearly 20 years, Spencer’s Risk Manager in Residence program has been praised by both risk managers and universities as a rewarding educational experience and a chance to give back to the profession. The program brings a practicing risk manager to the university to present and engage with students about the risk management profession and insurance industry. The Foundation awards grant of up to $4,000 to college and universities to cover transportation, housing, and incidental costs for a lecturing risk manager.
The Foundation has set the following criteria for participating schools in the Risk-Manager-in-Residence Program:
- The attending risk manager must be selected from the Foundation’s pool of risk managers. A listing will be supplied to the university if it is selected by the RMIR committee to receive a grant.
- Participating faculty must be willing to prepare or coordinate an itinerary with the attending risk manager (i.e., transportation, lodging, preparing a presentation schedule).
- At least three presentations to students should be scheduled.
- The follow-up final reports sent to Spencer should include concise but descriptive details of the risk manager’s visit and the benefits derived, including a full accounting report of expenses incurred. Final reports should be sent to the Foundation immediately following the lecture program.
- Finance faculty and students must be willing to be involved.
- Lecturing risk managers must be compensated for their travel and housing expenses within 30 business days.
The Foundation’s Risk-Manager-in-Residence Committee screens all participating risk managers to ensure that they meet the criteria to lecture at universities.