Risk Management Services is part of the Finance Division and reports directly to the Associate Vice Chancellor for Finance. We develop and direct a wide array of proactive risk management programs. These programs coordinate the University's assessment and response to all risks that affect the achievement of our strategic and financial objectives, including both upside and downside risks. Successful achievement of these goals requires us to continuously educate all employees in the significance and procedures of our department

Techniques and mechanisms used include examining and mapping risks; financing these risks either internally or with the purchase of insurance; loss prevention or mitigation programs; reviewing contracts; adjusting claims; and negotiating directly with our insurance providers. Any successful risk management program entails four core activities that must be addressed on an ongoing basis:

1. Identify, prioritize, and map the University's portfolio of risks.
2. Analyze the options for handling these risks.
3. Select and implement the most effective option(s).
4. Monitor the results of the selection.