Determine And Manage Risk Exposure Strategies

Determine And Manage Risk
Exposure Strategies

TABLE OF CONTENTS
INTRODUCTION...........................................................................................................................3
MAIN BODY..................................................................................................................................3
ACTIVITY 1...................................................................................................................................3
1. Develop a risk management strategy.................................................................................3
2. Strategy for portfolio managers.........................................................................................3
3. To consider develop the risk management strategy...........................................................4
4. Collate all up-to-date information in a form that is suitable for analysis...................4
5. The risk acceptability factors..........................................................................................4
6. Develop risk acceptance and rejection criteria..................................................................5
7. The risk acceptance strategy..............................................................................................5
8. Finalised the risk acceptance criteria.................................................................................6
9. Any other requirement for the risk assessment.................................................................6
Research Task and Written/Oral Questions.....................................................................................6
ACTIVITY 2.................................................................................................................................11
Develop an implementation plan...............................................................................................11
Work breakdown structure........................................................................................................12
Identify the resources.................................................................................................................13
Develop procedures for staff members......................................................................................13
Evaluate the implementation if the risk management strategy..................................................15
CONCLUSION..............................................................................................................................15
REFERENCES................................................................................................................................1

INTRODUCTION
Risk exposure management means the day-to-day management of the risk that could
planned. It could be more responsibility for the manager to monitor the exposure and that could
be follow and keep the policies and procedure which should be the probability of loss increases.
This report will examined about the two activity while in one activity this could be about how
the risk management strategy for financial services that could be maintain and how usually this
could work. Along with this various process which could help for keeping the strategy in control
this assessment that aimed for setting goals and objective. Moreover, explain the second activity
about the risk management strategy which could help for implementation plan and keeping out
some of the better growth and development.
MAIN BODY
ACTIVITY 1
1. Develop a risk management strategy
While this could take some of the high risk for financial investment and insurance
products with having the economic slowdown, damage the company reputation, failure to
innovate, failure to attract/retain talent, increasing competition. Many of the risk exposure
management strategies carry paper amount of insurance, diversify investment, maintain the
accounts and existing strategy of every investment that could make the emergency funds
(Shaktawat and Vadhera, 2021). This could be communicate through using the start with having
vision and keeping them for powerful tools about the communication, set clear and measurable
objective, outline more about the clear expectation and milestones for which the manager can
easily communicate. Along with this managing personal risk assessment strategies which could
make them with avoid it, reduce it, accept it and transfer it. This could make the risk
management for reducing and make the business for running with having some proper
management.
2. Strategy for portfolio managers
The portfolio manager that could have their aimed for knowing about how usually this
could work and managing their terms and policies. While this could use some of the investing
approaches as socially investing, diversified assets classes portfolio, conservative income
portfolio (Hubbard, 2020). The strategy for knowing about how usually this could work and

make some of the business activities high and various types of business such as financial services
can be targeted and many of the financial services which cannot be targeted for the business.
This have such kind of things which must be including with their various activities and make
sure for having their high estimation in completion over the portfolio about some business
targeted for the financial management.
3. To consider develop the risk management strategy
For identifying the acts for risk management strategy the company must be required for
applying industry and operation. This could led them corporations act 2001 and insurance
contracts act 1984. Having such kind of acts this must be important for them in working with
laws and regulation towards the industry sector requirement compliance. The main purpose of
the organization policies and procedure for risk management figures, percentage which could be
taken performance about how usually this could work (Ma, Wang and Chan, 2020). Relevant
industry risk that could be taken from the external of financial services, and usually this could be
control while by having the public relation, proper communication, solving about compliance
issues and inability to recoup monies spent. Determining more about risk mitigation process
while by observing, monitoring, transference risk, avoidance risk. This could have the
assessment criteria such as risk treatment, consequences and make the proper risk estimation
about the financial services and product.
4. Collate all up-to-date information in a form that is suitable for analysis
Identification for about the collection data which could keep the opportunities to conduct
the internal and external process. Conduct the review about all the policies, procedures
applicable to employee and another appropriate audience. While having such the data that have
been collected from the qualitative and quantitative methods from the proper estimation and
make sure for having high estimation (Drljevic, Aranda and Stantchev, 2020). Along with this
that could also increasing some high process and keeping their sources for working some high
systematic barriers. This must be also important for knowing about how usually for working with
many new things and keeping some more better performance about the work efficiency.
5. The risk acceptability factors
As there are various methods for keeping some high economic, safety and environmental
damage with respect safety. While having such things this must be important for knowing about
how this could work and managing their high effective concepts while for developing with their