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 Partnering for Effective Risk Management

Chapter Event
1/23/2014 4:00 PM
1/23/2014 8:00 PM
Boston | Massachusetts
Event Summary:
Whether through formal or informal processes, the management of risks on an enterprise-wide basis is vital for every organization. Both Internal Audit and Risk Management departments have important roles in this regard. Join us for a discussion about how the two departments can create collaborative partnerships to effectively identify and manage risk, while also meeting their individual corporate responsibilities.
Beyond enterprise-wide risk management, Internal Audit is frequently tasked with providing assurance that the organization’s commercial insurance programs and claims management processes are sound. Our speakers will share some important tips that will assist with your next audit of the Risk Management department.
After the program, the Greater Boston IIA Chapter will honor members that have received an IIA sponsored certification in 2013, as well as those that reach milestone dates in 2013 – those that have been certified for 5, 10, 15, 25, 30, 35, 40 years!  Please join us in celebrating this amazing accomplishment!
Event Details:
When: Thursday January 23,2014
            4:00-4:30pm - Registration
            4:30-6:10pm - Program
            6:10-8:00pm - Certification awards and networking event
Where: Maggiano’s Little Italy; 4 Columbus Ave, Boston, 02116
Cost: Member fee is $10; Non-member fee is $25
CPE credits: 2
Cancellations must be received by January 16, 2014 – substitutions are welcomed after this.
Speaker Bios:   
Joe Underwood is a Principal at Albert Risk Management Consultants, an independent risk and insurance advisory firm based in Needham, MA.  As the firm’s ERM Practice Leader, Joe has over fifteen years of experience assisting clients with development of risk management processes and assisting clients as they implement various facets of their risk response plans, including auditing and optimizing their insurance programs. Joe received a BBA in Risk Management and Insurance from the University of Georgia and an MBA with Finance concentration from Babson College. He holds the Associate in Risk Management (ARM), Associate in Enterprise-wide Risk Management (ARM-E), Chartered Property Casualty Underwriter (CPCU) and Associate in Captive Insurance (ACI) designations.
Edward Downey is Senior Director, Risk Management at Cubist Pharmaceuticals, a $1B biopharmaceutical company located in Lexington, MA.  With his more than thirty years of risk management, loss control and business continuity experience, Ed oversees both Risk Management and Internal Audit functions at Cubist. Prior to joining Cubist, Ed was AVP of Risk Management at CIGNA where he oversaw risk management, business continuity and disaster planning functions. Ed received a BA in Sociology from Holy Cross and a Masters in Health Care Administration from George Washington University.  He is a Certified Business Continuity Planner and a Certified Internal Organization Coach.