Risk & Loss Control Management

Risk management

This section provides an overview of mechanisms for risk-based decision-making and to demonstrate its application in the fields of Health, Safety, and Environment. Organizational risk management is discussed from a Management Systems perspective.

Loss control management

Loss management concepts are introduced as one component of risk management. Conventional approaches are discussed for identifying hazards, investigating incidents, and formulating programs for minimizing loss in the workplace. Finally, theory is combined with case studies to provide actual examples of how risk and loss management can be applied toward the ultimate goal of a safer work environment.

Objectives

This course will provide participants with an introduction to the foundations of risk and loss management from a safe work environment perspective. Participants will also have an appreciation of the value and limitations of the contemporary tools and practices used in this field. Lastly, participants will be challenged to apply their knowledge of risk and loss management in critical reviews of actual case studies of catastrophic industrial loss.

Benefits to participants

This course enables participants to think beyond prescriptive task-oriented safety programs to more critical holistic decision-making geared to the specific priorities at their respective workplaces. This course complements other safety-related knowledge as it allows the participant to recognize the value and limitations of specific safety programs with respect to the overall goal of a safer work environment.

Who should attend

All individuals involved in environmental projects or with environmental responsibilities such as managers, technicians, planners, scientists and engineers, as well as those who possess related experience and OH&S professionals such as Occupational Health & Safety Nurses and Managers, Human Resource Managers, Occupational Therapists, Physiotherapists and Labour Representatives.

You sill receive

Basic Learnings in Industrial Safety & Loss Management, University of Alberta/APEGGA Publication

Format

Day 1 - registration/check-in will start at 8:00 a.m. with sessions to begin at 8:30 a.m. and adjourn at 4:00 p.m. Days 2-4 will commence at 8:30 a.m. and adjourn at 4:00 p.m. There will be 15 minute mid-morning and afternoon breaks. A light lunch is included.

Program outline

  • Risk Management
  • Introduction to Organizational Risk Management
  • An Overview of Various Standards
  • Applications - Occupational Health & Safety
  • Applications - Environmental Impact
  • Applications - Community Health
  • Uncertainty & Variability
  • Case Studies & Class Exercises
  • Loss Control Management
  • Introduction to Loss Management
  • Loss Causation
  • Roles of Management and Legislation
  • Accident Investigation
  • Hazard Identification Techniques
  • Workplace Inspections
  • Practices and Procedures in the Workplace Communications
  • Training
  • Emergency Preparedness
  • Introduction to Loss Control Case Studies and Exercises
  • Application of Basic Concepts
  • Loss Control Management Examples:
    • Natural Gas
    • Westray and Others

Instructors

Karen MacWilliam
 A self-employed consultant specializing in risk management and insurance analysis, Karen has worked in the insurance and risk management fields since 1985 as an underwriter, corporate risk manager and broker and has operated a successful consultancy since 1997. Clients include a wide variety of public and private corporations. She holds a B.A., in Economics from U.B.C., her AIIC, FIIC designations from the Insurance Institute of Canada and the CRM designation. She has been on staff at Simon Fraser University at Harbour Centre in Vancouver since 1992, teaching risk management and advanced insurance curriculum and has been a lecturer in risk management at the University of Northern British Columbia in Prince George since 2003. Karen is a sought-after trainer for private clients and the Insurance Brokers' Associations in B.C. and Alberta. In 2001, Karen authored a 200-page risk management and insurance reference book titled The Risk Management and Insurance Guidebook for Industry, © ABS/Government Institutes of Rockville, MD, which is the basis for an online study program and is used as a text by international colleges. In 2004 she was engaged by the Risk and Insurance Management Society (RIMS) to author the Canadian Supplement to the Risk Financing course in the CRM designation.

Michael O'Reilly, Corporate HSEQ Manager
As Pennecon’s manager of corporate health, safety, environment and quality (HSEQ), Mike works across all divisions to direct, develop and maintain a clear vision of our HSEQ goals and culture. Michael is focused on the growth of Pennecon as a leader in health, safety, environment and quality in Canada’s construction industry. Previously, Michael worked as a Global Escalation Manager with Microsoft Corporation in the United States for over a decade. Michael graduated from Memorial University of Newfoundland in 1998 with a B.A., holds an IT diploma from the Information Technology Institute (ITI) of Halifax, a Masters degree in Occupational Health and Safety from Columbia Southern University, and a Certified Risk Manager Certificate from Dalhousie.