Risk Management Program

Minor in Risk Management
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Mission

The Risk Management Program aims to educate the next generation of risk management leaders for an increasingly complex and interconnected business environment. A curriculum focused on stimulating critical thinking and sharpening analytical skills equips students to meet the risk challenges of tomorrow.

Borne out of a collaboration with the Southern California risk management industry, the Program emphasizes professional development through internships and mentorships.

 

The Importance of Risk Management

To be successful, businesses must be able to manage their risks, that is, identify, analyze, mitigate, and communicate their risks. Risk management enables businesses to protect their balance sheets, income, employees, customers, and society from adverse events, such as natural disasters and product failures.

Faculty

Faculty 2018-2019

Faculty teaching the required Risk Management Minor courses during the 2018-2019 academic year:

Ward Ching (ACCT/BUAD 385x Introduction to Risk Management and Insurance)

Kristen Jaconi (ACCT/BUAD 380x Introduction to Enterprise Risk Management)

 

Faculty teaching the Risk Management Minor elective courses during the 2018-2019 academic year:

Juan Carillo (ECON 404 Games and Economics)

Kevin Fields (FBE 458 Law, Finance and Ethics) 

Benyomin Forer (ITP 479 Cyber Law and Privacy)

Joseph Greenfield (ITP 325 Ethical Hacking and Systems Defense; ITP 375 Digital Forensics)

Hiroshi Ochiumi (BUAD 315x Basics of Project and Operations Management for Non-Majors)

Roman Ranciere (ECON 361 Understanding Financial Crises)

Caesar Sedek (ITP 325 Ethical Hacking and Systems Defense)

Bala Subramanian (DSO 427 Designing Spreadsheet-Based Business Models)

Mick Swartz (FBE 459 Financial Derivatives)

Howard Williamson (ITP 375 Digital Forensics)

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USC Risk Management Program Advisory Council  

The mission of the Advisory Council is to provide sustained financial and intellectual business capital to support the continuous creation and maintenance of the preeminent undergraduate curriculum designed to educate and equip the next generation of emerging risk professionals.

USC Risk Management Program Advisory Board

 

John Barrett
           

President

John P. Barrett

Executive Vice President

Aon Risk Insurance Services West, Inc

 

 

John Barrett is Executive Vice President of Aon Corporation in Southern California. In this role, John provides Executive Client contact, Account Executive, and Production expertise. John also sits on Aon’s Multinational Steering Committee, focusing on driving a consistent service platform for large, global clients. Aon is a full-service organization offering risk management services, consulting, and human capital management consulting for small, mid-sized, and global clients.

John earned a B.S. in Marketing from Santa Clara University and an MBA from Pepperdine University, and holds the Associate in Risk Management (ARM) designation (1988). John is very actively involved in the community and sits on several boards, including the Los Angeles Area Chamber of Commerce (Executive Committee 2017-2020), and is President of The California Club - 2017-19. He was named as Los Angeles Business Journal’s Top 500 Most Influential People in Los Angeles; President, USC Risk Management Program Advisory Board 2017-19, and Santa Clara University, Bronco Bench Foundation Board Member 2016-2019.

 

Steve Wilder
         

Vice President

Steve Wilder

Vice President-Risk Management

The Walt Disney Company

 

Steve Wilder is the Vice President-Risk Management for The Walt Disney Company, a position he has held for over 30 years. His department is responsible for directing Disney's worldwide corporate Risk Management program.

He holds a B.A. in Economics from the University of Pennsylvania and has completed UCLA’s Executive Management Program. In addition, he has an Associate in Risk Management (ARM) designation and a Masters in Risk Management from Florida State University.

He was named Business Insurance's Risk Manager of the Year in 1990 and is a former National President of the Risk and Insurance Management Society (RIMS). He currently sits on the Board of Directors of USC Verdugo Hills Hospital, and is President of the Foundation Board for Glendale Community College. In 2010 Steve was awarded RIMS’ top honor, The Goodell Award, for his lifetime achievements in Risk Management.

 

Betsey L. Brewer
                     

Secretary

Betsey L. Brewer

Principal

Integro Group

 

Betsey L. Brewer, CPCU, is a Principal of Integro Group in Pasadena. A big promoter of insurance & risk management education she has served on numerous local, state, and national Property & Casualty Insurance Boards, including the Board of Directors for Independent Insurance Agents & Brokers of California (IIABCal) and as President & Chair of the CPCU Society.

Outside of the industry Betsey served six years as Chair of the Board of Directors for the Girl Scouts of Greater Los Angeles Council. Betsey, a lifetime Girl Scout, was honored with the Visionary Award and the “Thanks Badge,” Girl Scouting’s highest Volunteer honor.

Betsey attended USC. She and her husband reside in Nevada.

 

Travis Bethune
             

Treasurer

Travis Bethune

Senior Vice President, West Region

Customer and Broker Engagement

Berkshire Hathaway Specialty Insurance

 

Travis Bethune is the Senior Vice President of Customer and Broker Engagement for the West Region at Berkshire Hathaway Specialty Insurance and is responsible for leading and driving profitable growth across all lines within the region. Travis’ career in the insurance industry spans greater than 23 years. He started with Chubb in 1995 as a management liability underwriter in the northeastern United States and later assumed underwriting leadership responsibilities for the Western Pennsylvania and West Virginia markets. He transitioned to the bay area in 2006 as a regional marketing manager for Chubb in Northern California. In 2012, Travis joined Allianz (Fireman’s Fund) and assumed national distribution management responsibilities for nearly three years. Most recently, Travis joined Berkshire Hathaway Specialty Insurance in early 2015 and continues to fulfill his current leadership responsibilities. 

He has actively supported the Insurance Industry Charitable Foundation (IICF), Big Brothers Big Sisters, Friends of the Children, Junior Achievement, and Inroads organizations throughout his career. Travis, his wife, and son reside in Oakland, California.

 

 

Carl V. Davidson
          

Carl V. Davidson

Senior Vice President

Commercial Insurance – Property & Casualty

Chubb Group of Insurance Companies

 

Carl V. Davidson has lived in Los Angeles since 1974 and has spent his entire professional career here. After graduation from college he began his insurance career in 1983 as a claim trainee with Liberty Mutual Insurance. In 1986 Carl joined Industrial Indemnity in the Claims department. While at Industrial Indemnity, he moved into a Program Underwriting position and in 1992 transitioned into a marketing role. In 1995 Carl moved to the broker side with Sedgwick with a specialty in program development. He joined Chubb in 2000 as an excess casualty underwriter. In 2001 he became Excess Casualty Practice Leader. Since 2007 he has been the Los Angeles CCI Manager.

Carl has an Associate in Risk Management (ARM) designation. Carl holds a B.A. degree in Communications from Loyola Marymount University in Los Angeles, CA.

 

 

Chris Houska
                     

Chris Houska

Managing Director

R-T Specialty, LLC

 

Chris Houska serves as the Managing Director of R-T Specialty, LLC and a Member of the USC Risk Management Program Advisory Board. With over 20 years of experience in the insurance industry, he served as the Chair of the Board of Directors for The Surplus Lines Association of California and President of CRC/Sterling West Insurance Services specializing in Casualty, Property and Professional Lines. Chris began his insurance career as a Commercial Lines Underwriter with the Chubb Insurance Group. In 1989, he joined A.J. Renner & Associates in Chicago, Illinois as a wholesale broker before moving to their California branch in 1990. There, he fostered a small start-up and turned it into a large, independent wholesaler. In 1999, he and his partner bought out the California branch to form Sterling West Insurance Services, Inc. (Sterling West), with offices in Glendale and Orange County.

Joining A.J. Renner in California led him into the construction practice in which he soon became a specialist. As he continued to hire new brokers he formed the largest casualty construction practice on the west coast. Today the largest three individual brokers in the construction business work with Chris at R-T Specialty and write some of the largest projects in the country.

Chris holds a B.A. degree in Business from Michigan State University. He is very involved in his community through his activities with Campbell Hall Episcopal School and Children's Hospital.

 

 

Vincent J. Monastersky
          

Vincent J. Monastersky

Vice President

Risk Management

Fox Entertainment Group, LLC

 

After graduating with a B.S. degree in Business from the State University College at Oneonta, Vincent J. Monastersky started his professional career in New York, working as an insurance broker in the Personal lines business. Relocating to Los Angeles, he broadened his professional experience with GNW-Evergreen Insurance Services, specializing in Personal and Commercial lines insurance. 

 

While attaining his Certified Insurance Counselor (CIC) designation, he discovered his passion for risk management after attending his first Certified Risk Manager (CRM) course. He continued on to earn that designation as well as the Associate in Risk Management (ARM) designation. Vincent applies that knowledge and expands his experience as the Vice President of Risk Management at Fox Entertainment Group where he has been for over 11 years. Vincent is proudly serving as the Past President for the Los Angeles Chapter of the Risk and Insurance Management Society (RIMS).

 

 

Lindsay Moore
        

Lindsay Moore

Worldwide Facilities, LLC

 

Lindsay Moore currently works as a casualty broker at Worldwide Facilities, LLC, a national property and casualty wholesale insurance broker headquartered in downtown, Los Angeles. She graduated from USC in 2013 with a B.S. degree from the Marshall School of Business, majoring in Corporate Finance and minoring in Sports Media Studies. She also achieved a Diploma in Risk and Insurance from St John’s University, School of Risk Management, in New York City as well as the Chartered Property Casualty Underwriter (CPCU) and the Associate in Surplus Lines Insurance (ASLI) insurance industry designations.

In addition to being on the USC Risk Management Program Advisory Board, Lindsay serves on the Wholesale & Specialty Insurance Association’s Career Development Committee, creating interest, enthusiasm, and awareness for college students around the country about careers and opportunities in the wholesale, specialty, and surplus lines industry.

 

 

Karen Silverman
            

Karen Silverman

Corporate Counsel

Keenan & Associates 

 

Karen Silverman is Corporate Counsel for Keenan & Associates, an Assured Partners company, which creates innovative insurance products and services for schools, municipalities, and healthcare organizations. At Keenan, Karen handles contractual, policy, and insurance issues, provides legal advice related to new product development, assists with privacy liability matters, and mitigates legal risks involving the company, among other tasks. Previously, Karen served as Vice President and Policyholder Counsel for a large, privately held broker, where she assisted clients with management liability claim matters. Karen has experience as an insurance broker for wholesalers and a retailer, and as an underwriter for a carrier with a captive alternative risk program. Karen is well-versed in insurance and corporate law, as well as risk analysis, negotiation, and settlement techniques.

Karen enjoys volunteering with non-profits in Los Angeles, including The Midnight Mission, the ACLU SoCal, Human Rights Now, and Neighborhood Legal Services. In her spare time, Karen enjoys traveling, scuba diving, and yoga.

 

Tommy Trojan
        

Diane Kooken

Managing Director

Marsh & McLennan Companies, Inc.

 

 

 

 

 

 

 

 

 

 

 

 

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USC Risk Management Program Advisory Council

 

(In alphabetical order)

Peter Arkley        

Executive Vice President

Senior Managing Director              

Construction Services Group

Brandon Avery

Vice President

Aon Risk Solutions

Aon Risk Insurance Services West, Inc.

Lauren Bailey

Global Head Entertainment

Allianz Global Corporate & Specialty

John P. Barrett

Executive Vice President

Aon Risk Insurance Services West, Inc.

Travis Bethune

Senior Vice President, West Region

Customer and Broker Engagement

Berkshire Hathaway Specialty Insurance

Alan Boring         

Managing Director           

USI Insurance Services LLC

Betsey L. Brewer

Principal               

Integro Group

Howard Bush

Senior Vice President      

Zurich Global Corporate

Ward Ching

Managing Director - Western Region        

Aon Risk Solutions

John G. Chino    

Area Senior Vice President            

Arthur J. Gallagher & Co.

Robert Clemo

Southern California Office Leader               

Integro Group

Stephanie Conner              

Risk Management             

The Walt Disney Company

Brian Davidian 

Executive Vice President - Casualty            

R-T Specialty, LLC

Carl V. Davidson                

Senior Vice President      

Commercial Insurance – Property & Casualty

Chubb Group of Insurance Companies

Bobbi Jo DeNofa               

Corporate Risk & Broking Leaders - Southwest Markets    

Willis Towers Watson

Kevin Dunham 

Regional Sales

Marketing & Distribution               

Everest Re Group, Ltd.

Gregory W. Econn            

Co-President & Managing Director             

Venbrook Insurance Services

Richard Flanagan               

President & Managing Director  

R-T Specialty, LLC

Carole Fleischman            

Chief Executive Officer

Pioneer Programs

John Genovese  

Chairman

Global Risk Management Practice              

Arthur J. Gallagher & Co.

Teena Hostovich

Partner 

Lockton Companies

Chris Houska                        

Managing Director

R-T Specialty, LLC

Christy John

Senior Risk Analyst

Aon Insurance Managers (Bermuda) Limited

Nick Johndrow           

Regional Executive - Southwest

Allied World Insurance Company

Brad Keenan

Account Executive            

Keenan & Associates

Diane E. Kooken                

Managing Director           

Marsh & McLennan Companies, Inc.

Janice Lum

Chief Operation Officer, WSW Region

Aon Risk Insurance Services West, Inc.

Mike MacGillivray            

Broker  

Shaw Moses Mendenhall & Associates

Paula Mannion

Assistant Vice President

C N A

Maureen McDonald         

Senior Vice President      

Aon/Albert G. Ruben Insurance Services, Inc.

Steven McElhiney

Chief Executive Officer

EWI Re, Inc.

Vincent Monastersky

Vice President

Risk Management

Fox Entertainment Group, LLC

Ryan Montes       

Vice President   

Marsh & McLennan Companies, Inc.

Davis Moore        

Chairman & Chief Executive Officer

Worldwide Facilities, LLC

Lindsay Moore   

Worldwide Facilities, LLC

Bill Ortgiesen

Executive Client Director, Southwest         

AIG Property Casualty

Roger Plotkin                       

Vice President, Risk Management

BrightView Landscapes

Drue Rutledge

Director

Benefits & Risk Management       

The Wonderful Company

Karen Silverman

Corporate Counsel

Keenan & Associates

Isaac Stern           

Vice President   

Keenan & Associates

Eric Stuckman

Vice President   

Worldwide Facilities, LLC

Jerry Sullivan

Chairman             

Sullivan Re

Jeffrey C. Terry

Senior Vice President

Managing Director

HUB International

David Thoman

Operations Senior Vice President

FM Global

Doug Turk

Chief Marketing Officer 

JLT Group

Steve Wilder

Vice President

Risk Management

The Walt Disney Company

 

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If you are interested in learning more about the Risk Management Program or becoming a member of the Advisory Council, please contact Kristen Jaconi, Director, Risk Management Program at kjaconi@marshall.usc.edu.

 

Minor in Risk Management

The Minor in Risk Management provides students with fundamental knowledge of risk management - a crucial component of contemporary management, corporate governance, and decision making under uncertain conditions. The required courses provide the foundation of the risk management processes and insurance, the most common form of risk transfer.

The electives provide opportunities to more deeply understanding of risks and the environment in which they arise as well as specific methodologies of mitigation. The minor is available to students in all schools and departments. Industries currently seeking risk management professionals include entertainment, tech, aviation, hospitality, healthcare, manufacturing, insurance, and many others.

Those students declaring a Minor in Risk Management are able to participate in a mentorship program overseen by the Leventhal School of Accounting’s Risk Management Program. The mentorship program pairs students with risk management professionals for the academic year.

To declare this minor, students must have completed a minimum of 32 units of college-level coursework and have a minimum overall GPA of 2.75. Successful completion of the Minor in Risk Management requires 20 units with a minimum G.P.A. of 2.0 in the following courses:

Required Courses

ACCT/BUAD 380x Introduction to Enterprise Risk Management (Units: 4)

Professor Jaconi visiting LAFC with students from ACCT/BUAD 380x Introduction to Enterprise Risk Management
Professor Jaconi visiting LAFC with students from ACCT/BUAD 380x Introduction to Enterprise Risk Management 

This course is an introduction to enterprise risk management for undergraduate students. An organization faces risks in nearly all activities it undertakes, whether to market a new product, expand an existing business line to a new region, build a factory, engage a supplier, or hire personnel. Individuals able to identify risks across an organization’s operations and understand the methods and tools available to analyze and control these risks contribute to an organization’s success. In addition, communicating these risks clearly, accurately, and timely to executive management, the board of directors, and other enterprise stakeholders is critical to strategic performance.

This course aims to develop these skills by providing a basic understanding of risk and risk management processes for those entering into the fields of risk management, insurance, engineering, urban planning, accounting, auditing (internal and external), operations, and many others.

 

ACCT/BUAD 385x Introduction to Risk Management and Insurance (Units: 4)

Professor Ching visiting Mattel with students from ACCT/BUAD 385x Introduction to Risk Management and Insurance
Professor Ching visiting Mattel with students
from ACCT/BUAD 385x Introduction to
Risk Management and Insurance
 

 

Professor Ching visiting the Disney studios in Burbank with students from ACCT/BUAD 385x Introduction to Risk Management and Insurance.
Professor Ching visiting the Disney studios in Burbank with students from ACCT/BUAD 385x Introduction to Risk Management and Insurance.
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This course is an introduction to risk management and insurance for undergraduate students. The concept and role of risk management and insurance are rapidly changing in the international market. Globalization, technological advances and the adaption by enterprises and economies have led to rapid changes in how risks are evaluated and mitigated.  The ability to identify/anticipate, measure, financially and operationally manage, mitigate and communicate risk exposures as a portfolio is essential to business success.  Moreover, the ability to communicate the various impacts and consequences of material risk exposures to executive management and other enterprise stakeholders is becoming a mission critical management skill. 

This course provides a basis for further study for those entering into the fields of risk management, insurance, reinsurance, claims management, financial engineering, enterprise risk management, accounting, auditing (internal and external), and operations. 

 

Note: Open to all Marshall students- students don't have to declare the Minor in Risk Management before registering in any of the two required courses.

 

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Electives

Complete at least 12 units from the following: (link to classes.usc.edu)

  • ACCT 499 Special Topics: Risk Management in Entertainment, Sports, and the Arts (Units: 4)
  • BUAD 315x Basics of Project and Operations Management for Non-Majors Units: 2
  • DSO 427 Designing Spreadsheet-Based Business Models Units: 4
  • DSO 455 Project Management Units: 4
  • ECON 340 Economics of Less Developed Countries Units: 4 *
  • ECON 361 Understanding Financial Crises Units: 4 *
  • ECON 404 Games and Economics Units: 4 *
  • ECON 415 Behavioral Economics Units: 4 *
  • ENST 440 Environmental Risk Assessment Units: 4
  • FBE 443 Introduction to Forecasting and Risk Analysis Units: 4 *
  • FBE 458 Law, Finance and Ethics Units: 4
  • FBE 459 Financial Derivatives Units: 4 *
  • ITP 325 Ethical Hacking and Systems Defense Units: 3*
  • ITP 375 Digital Forensics Units: 3 * 
  • ITP 425 Web Application Security Units: 4 *
  • ITP 479 Cyber Law and Privacy Units: 3
  •  *Prerequisite required that is not part of this minor.
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Risk Management Careers, Internships, & Mentorships

 

 

Career Conference February 2, 2018

Career Conference February 2, 2018 Career Conference February 2, 2018

Career Conference February 2, 2018 Career Conference February 2, 2018 Career Conference February 2, 2018 Career Conference February 2, 2018

Career Conference February 2, 2018 Career Conference February 2, 2018

 

 

 

 

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Internship Program

"Whether you are working in or studying risk management, just know it will always be relevant and invaluable to whatever you do in life. It will never be antiquated and always be necessary."

Michel Abud, USC, 2019

The Risk Management Program resulted from a collaboration with local risk management firms to prepare students for a professional career within the risk management industry. The Internship Program strengthens this collaboration and provides students insight to the skills needed to succeed in this field.

Internships provide students with the opportunity to work on challenging assignments, receive training and constructive feedback from industry professionals, build upon their network of professional relationships, and assess their interest in the risk management field.

The USC Risk Management Program Advisory Council, composed of over 30 firms, and a select group of other risk management firms actively recruit students for internships during the fall, spring, and summer terms. For a list of recruiting firms, see below.

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Recruiting Firms

 

AIG

Alliant
Allianz Global Corporate & Specialty

Allied World Insurance Company

Aon

Arthur J. Gallagher

Berkshire Hathaway Specialty Insurance

BrightView Landscapes

C N A

Chubb Group of Insurance Companies

Everest Re Group, Ltd.

EWI Re, Inc.

FM Global

Fox Entertainment Group, LLC

Hub International

Integro Group

JLT - USA

Keenan & Associates

Lockton Companies

Marsh & McLennan Companies, Inc.

Pioneer Programs

Promontory Financial Group, LLC

R-T Specialty, LLC

Shaw Moses Mendenhall & Associates

Sullivan Re

The Walt Disney Company

The Wonderful Company

Tokio Marine

USI Insurance Services LLC

Venbrook Insurance Services

Willis Towers Watson

Worldwide Facilities, LLC

Zurich North America

 

 

 

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Mentorship Program

The Mentorship Program pairs students (mentees) declaring a Minor in Risk Management with risk management professionals (mentors) for the academic year.

Through the Mentorship Program:

Mentors:

  • Serve as role models of the upmost character and integrity for the mentees
  • Encourage the professional and personal growth of mentees
  • Share their knowledge and experience with mentees
  • Guide mentees in setting and attaining professional and personal goals

Mentees:

  • Strive to grow professionally and personally by listening to mentors’ advice
  • Work to attain professional and personal goals with mentors’ guidance
  • Accept and incorporate constructive feedback from mentors
  • Demonstrate personal and professional respect of others in accordance with SCampus, The USC Student Handbook (https://policy.usc.edu/files/2018/07/SCampus-2018-19.pdf)

 

Mentors and Mentees participating in the Mentorship Program must comply with the Mentorship Program Standards, available here (https://www.marshall.usc.edu/sites/default/files/2018-11/mentorship_standards_10.31.2018_0.pdf)

The Mentorship Program is subject to the USC Career Center’s Recruiting Guidelines and Policies (https://careers.usc.edu/employers/guidelines-and-policies/), including, but not limited to, the Non-Discrimination Policy, USC’s Commitment to a Safe, Harassment-Free Environment, and the Alcohol and Marijuana Policy.

The use of alcohol or marijuana at any point during on- or off-campus Mentorship Program-related events, including sports events, is prohibited. Any organization violating this policy will no longer be eligible to participate in any Risk Management Program, USC Career Center, and USC Marshall Career Services events or programs.

For questions or inquiries regarding the Mentorship Program, please contact Kristen Jaconi, Director, Risk Management Program, kjaconi@marshall.usc.edu.

 

 

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Events

Upcoming Events

Risk Management Internship Peer Panel

November 14, 2018 7:00 pm – 8:30 pm

Location: Von KleinSmid Center (VKC) 260

Looking for an internship and want free pizza? There is still time! Come to the Risk Management Internship Peer Panel to learn directly from students who interned in the risk management and insurance industries this past summer. This event is tailored for students interested in risk management consulting, actuarial science, data analytics, finance, crisis management consulting, and insurance. No prior experience in these industries is necessary. All years are welcome to come and learn more!

Register here:  https://goo.gl/forms/iqPqw3CtIzTczd0a2

 

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Past Events

Shaved Ice on the Parkway

August 16 12:00 pm – 2:00 pm

Leventhal School of Accounting, 3660 Trousdale Parkway

Come learn about the Risk Management Program, the Risk Management Minor, and the risk management courses being offered this fall and have some shaved ice. Learn also about job and internship opportunities and the mentorship program.
 

 

First Day of Introduction to Enterprise Risk Management Class: Syllabus Review and Networking with Industry Professionals over Italian Food 

August 21, 2018 12:00 pm – 1:50 pm

University Club, Scriptorium Room

Join us over Italian food for the first day of Introduction to Enterprise Risk Management (ACCT/BUAD 380x) to review the syllabus, learn about the Risk Management Program and minoring in risk management, and network with risk management professionals from Aon, Disney, Marsh, and others supporting our internship program and mentorship program.

 

First Day of Introduction to Risk Management and Insurance Class: Syllabus Review and Networking with Industry Professionals over Pizza 

August 23, 2018 6:00 pm – 9:30 pm

Leventhal School of Accounting (ACC) 312

Join us over pizza for the first day of Introduction to Risk Management and Insurance (ACCT/BUAD 385x) to review the syllabus, learn about the Risk Management Program and minoring in risk management, and network with risk management professionals supporting our internship program and mentorship program.

 

Minor Information Sessions for Prospective Students

September 12, 2018 6:00 pm – 7:00 pm

Fertitta Hall (JFF) 327

Attend an information session to learn about the 18 different minor programs in the Marshall School of Business, including the Minor in Risk Management.

 

Meet the Risk Management Professionals

October 3, 2018 6:00 pm – 8:00 pm

Radisson Hotel

Meet over 20 firms, including Aon, Chubb, Disney, FM Global, and R-T Specialty, actively recruiting freshmen, sophomores, juniors, and seniors for internships and full-time job opportunities. Light refreshments served.

 

Risk Management Symposium: Emerging Issues in Cyber Security, Insurance, Tax, Trade and Crisis Management

October 11, 2018 7:30 am – 5:00 pm

Town & Gown, University of Southern California

Join risk management professionals, senior executives, policymakers, faculty, and students for the day-long Risk Management Symposium sponsored by the USC Leventhal School of Accounting, the USC Marshall School of Business, and CBIZ MHM. The Symposium brings together experts, current and former officials, multi-disciplinary service providers and USC to share their knowledge on emerging issues in risk management. For a full agenda and to register, see https://www.marshall.usc.edu/departments/leventhal-school-accounting/leventhal-conferences/risk-management-symposium.

 

Minor Information Sessions for Prospective Students

October 16, 2018 5:00 pm – 6:00 pm

Leventhal School of Accounting (ACC) 310

Attend an information session to learn about the 18 different minor programs in the Marshall School of Business, including the Minor in Risk Management.

 

 
November 5, 2018 6:00 pm - 8:00 pm
 
Location: Moreton Fig
 
Interested students minoring in Risk Management will meet their mentors from the risk management profession at this Mentorship Program Launch Dinner.
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Student  Profiles

Student Profile

 

Michel Abud

Abud Photo
                           

You participated in the Risk Management Program’s internship program and interned at an insurance company this summer. What was that like? What did you do there?

It was a magnificent experience; I worked with the financial lines underwriting team at AIG. There are only a few industries that invest in their interns like the insurance industry, and it really shows in how they train and take care of you.

What was the most surprising thing you learned at your job this summer?

I never thought I would be exposed to so many different businesses and industries through insurance.

If you had one piece of advice for students looking for internships, what would that be?

My advice would be to take out any negative preconceived notions when considering different industries and to approach every opportunity with an open mind.

You were one of the “Pioneer” students, taking the first risk management course offered in USC’s Risk Management Program, Introduction to Enterprise Risk Management, in spring 2018. How did that course help you with your internship?

It gave me a solid foundation and starting knowledge of the industry, which really put me ahead of the curve in the interviews as well as when I started the job.

Why should students take the risk management courses?

It is something every student of business should learn as it could make or break a company they may manage in the future.

What was the most surprising thing you learned in Introduction to Enterprise Risk Management last semester?

How recession proof the insurance industry is and how it will always be around.

How was the Introduction to Enterprise Risk Management different than your other classes at USC?

My teacher is what made the difference, his real-life examples gave validation to what we were learning.

Who makes the best coffee on campus?

Dulce, way better than Starbucks.

Where is your favorite place to eat on campus?

Lemonade.

What is your favorite spot to study on campus?

I don’t really study on campus, but when I do I love Doheny.

If you had one piece of advice for freshmen and transfer students, what would that be (besides enrolling in Introduction to Enterprise Risk Management and Introduction to Risk Management and Insurance)?

Work during the school year at least for one semester. Shows future employers how you can manage time well.

Where in Los Angeles do you bring your USC friends not from the area?

Hollywood for hiking and Santa Monica for dinner.

If you had to take one book to a deserted island, what would that be?

Barbarians at the Gate.

If you were stranded on a deserted island with a cineplex that could play one movie on a continuous loop, what movie would you show?

The Departed.

If you were stranded on a deserted island with the ability to listen to one audio podcast, what would you listen to?

Pardon my take.

If you were stranded on a deserted island with a gaming console and the ability to play your favorite game, what would you play?

My xbox one, fortnite.

 

 

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Jasmine Klein

Jasmine Klein Photo

You recently declared a Minor in Risk Management. How does the Minor complement your Economics/Psychology Major?

I believe my Risk Management Minor provides a perfect balance to my Economics and Psychology Majors. Risk Management has a lot to do with working with people and reading situations, incorporating Psychology. In contrast, my Economics background is useful for the analytical and mathematical aspect of the subject. Additionally, my Economics and Psychology majors are both in Dornsife, and they tend to consist of large lecture style classes. My Minor provides me with a more individualized style of learning. I appreciate the differences in each of my majors and minor, and am grateful to have found a minor that adds a new layer to my path at USC.

You interned at an insurance company this summer. What was that like? What did you do there?

This summer, I interned at Navigators Insurance Group in their San Francisco office. I absolutely loved my experience and learned a tremendous amount. I was placed with underwriters in the Wholesale Excess Casualty division. I assisted the underwriters by writing preparatory summaries for both new and renewal business, updating rating notes for recently bound accounts, and compiling data to analyze in the future. It was great to feel like I was learning just as much as I was contributing.

You were one of the “Pioneer” students, taking the first risk management course offered in USC’s Risk Management Program, Introduction to Enterprise Risk Management, in spring 2018. How did that course help you with your internship?

Before taking the Introduction to Enterprise Risk Management course last Spring, I had never considered a career in Risk Management or Insurance simply because I knew nothing about it. I found the course fascinating and relevant. ERM was the first class I took that I truly felt would directly help me in the workplace. This course gave me my foundation at my internship. While I ended up interning on the Insurance side, having a background in risk management helped me learn quickly and understand the terms used in day to day work life. I am very grateful that I took a chance and took ERM as an elective; it has acted as a stepping stone to a new career path I never would have discovered otherwise.

You are enrolled in Introduction to Risk Management and Insurance with Aon executive Ward Ching. What are you hoping to learn from this class?

While I recently interned at an Insurance company and learned throughout my internship by sitting in on meetings and assisting the underwriters, I was never taught the foundations of Insurance, so I am excited to learn. I want to understand the language of Insurance. While I loved interning with underwriters, I am curious if there is another part of Insurance that I may be interested in career-wise. Additionally, I am excited to learn from Professor Ching, as he has personal experience in the industry.

Why should students take the risk management courses?

Students should take the risk management courses to gain insight on risk management or insurance as a potential career. This industry is often overlooked as a course of study; however, I found my experience in ERM to be both informative and practical. I believe that students will gain skills and knowledge from these courses whether they choose to minor in Risk Management or not.

You have expressed interest in founding a student risk management group at USC this fall. What is your vision for that group?

I envision a student risk management group at USC being a way to both educate peers as well as sell risk management or insurance as a potential career path. Risk management is a way of thinking that can help every individual in his or her own respective careers. I believe this group would give students the tools to think more critically in the workplace, as well as allow students to share their own personal experiences working in risk management or insurance. Like any club on campus, this group would unite those with a common interest and create a space to both network and potentially make new friends.

What was the most surprising thing you learned at your job this summer?

The most surprising thing I learned at my job this summer is how fun the insurance industry is. While sitting in a cubicle and getting work done is important, a large part of the industry is also entertaining clients and establishing connections. An underwriter’s job has two sides, just like my two majors—Economics and Psychology. Economics correlates more to the intellectual work side, sitting at a desk binding accounts; on the other hand, psychology is parallel to the importance of people skills and making those vastly important connections. I was surprised by the work life balance in the industry, and found myself excited for work each morning.

How was the Introduction to Enterprise Risk Management different than your other classes at USC?

As an Economics and Psychology double major, most of my classes have been on the larger side. In ERM, I appreciated the intimacy of the class. The Introduction to Enterprise Risk Management course was different because it was formed to be practical and to guide students if need be. Due to these goals, I established great connections with both my professor and my classmates, and felt like I learned skills that I could take with me in my personal and professional life.

Where is your favorite place to eat on campus?

My favorite place to eat on campus is BBCM, which is a new restaurant in the village that stands for The Butcher, The Baker, and The Cappuccino Maker. During finals last Spring, one day I spent 8 hours at BBCM and ate two consecutive meals there. Highly recommend.

Where is your favorite spot to study on campus?

My favorite building to study in on campus is Verna and Peter Dauterive Hall, Fertitta’s neighbor, and I argue the most underrated building on campus. Marshall kids all say Fertitta is the best, but as a Dornsife student I never go there, so my vote is for VPD.

When you have parents or relatives visit you at USC, what do you show them on campus?

When I have parents or relatives visit USC, I show them how I live my daily life. I walk the route to my classes, show them my apartment, and take them to my favorite places to eat.

Where is your favorite place to visit in the Los Angeles area?

My favorite place to visit in the greater Los Angeles area is Disneyland! The happiest place on Earth never fails to put a smile on my face. I still collect Chip and Dale pins.

If you had to take one book to a deserted island, what would that be?

A Fine Balance by Rohinton Mistry.

If you were stranded on a deserted island with a cineplex that could play one movie on a continuous loop, what movie would you show?

Mamma Mia.

If you were stranded on a deserted island with a gaming console and the ability to play your favorite game, what would you play?

Super Mario Bros on the Wii—still a fantastic game!

 

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Megan Moore

Megan Moore Photo
                        

You interned at an insurance company this summer. What was that like? What did you do there?

For the past eight months I have been working at a wholesale insurance brokerage firm in the property department. I assist brokers with servicing their accounts. I am actually in the process of earning my brokerage license and should have it done by the end of September. With the license, I will be able to market and quote accounts on my own. I have enjoyed my experience very much and am excited to continue to work there this upcoming semester.

You were one of the “Pioneer” students, taking the first risk management course offered in USC’s Risk Management Program, Introduction to Enterprise Risk Management, in spring 2018. How did that course help you with your internship?

It was kind of funny actually because what I was learning in class coincided with what I was working on at work. It was really interesting to learn from a class and then literally be able to utilize the information in the workforce.

You are enrolled in Introduction to Risk Management and Insurance with Aon executive Ward Ching. What are you hoping to learn from this class?

I am really excited to learn more about his personal career. He seems to have vast experience in the industry and I think that his knowledge will help make the course more interesting and help the students learn more from it.

Why should students take the risk management courses?

I would recommend taking the risk management courses because it is something in the Business industry that is really applicable and it draws from every class I have taken so far. It uses what I learned from theory standpoints in different classes and applies them to real life examples.

You have expressed interest in founding a student risk management group at USC this fall. What is your vision for that group?

I think that a Risk Management Society on campus will help draw more attention to the minor and also help give students an opportunity to network with industry professionals and learn first-hand knowledge from them.

What was the most surprising thing you learned in Introduction to Enterprise Risk Management last semester?

We learned how to play craps.

What was the most surprising thing you learned at your job this summer?

I learned that I like working in a social environment.

How was the Introduction to Enterprise Risk Management different than your other classes at USC?

It was the first business class that I felt was applicable to the real world.

Who makes the best coffee on campus?

Starbucks.

Where is your favorite place to eat on campus?

Seeds.

What is your favorite spot to study on campus?

Doheny Library 1st floor.

If you had one piece of advice for freshmen and transfer students, what would that be (besides enrolling in Introduction to Enterprise Risk Management and Introduction to Risk Management and Insurance)?

Get involved as much as you can. You meet your closest friends in clubs and groups on campus because you share the common interest in things.

You are a Los Angeles native. Where is your favorite place to visit in the Los Angeles area?

I love the Southbay, but I am biased because I am from there.

Where in Los Angeles do you bring your USC friends not from the area?

Hiking in Malibu.

If you were stranded on a deserted island with a cineplex that could play one movie on a continuous loop, what movie would you show?

Slumdog Millionaire.

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Jim Wang

Wang Photo
              

You interned at a risk management consulting firm this summer. What was that like? What did you do there?

I interned at Promontory Financial Group, an IBM company, in their San Francisco Office. It was a great experience as I worked on a diverse range of projects ranging from litigation support for a cold-storage cryptocurrency client to a complex financial model for a large de novo bank. I also worked with the best and most experienced people that spent years in regulation, many of whom were high level OCC regulators. I would also like to point out that the risk management class that I took last semester not only guided me to this internship, but also equipped me with the risk analytical skills that I needed as a summer analyst.

Why should students take the Introduction to Enterprise Risk Management course?

Understanding the basics of enterprise risk management is like learning accounting. It is one of the most crucial subjects for anyone that wants to work in business and why not learn it during our business educations? Besides the specific knowledge regarding risk management, the course also develops our analytical reasoning capabilities that will be useful anywhere we go.

What was the most surprising thing you learned at your job this summer?

The biggest surprise was the San Francisco Bay Area Rapid Transit that I took every day to work, as it can really improve on cleanliness.

Besides that, the range and scope of a risk management project also surprised me; a comprehensive project can encompass analysis, strategy, planning, frameworks, policies, controls, models, and much more. A successfully executed engagement requires a balanced team, niche expertise, and years of experience.  

How was the Introduction to Enterprise Risk Management different than your other classes at USC?

It offers more guest speaker and career networking opportunities than any other class. It is really tailored to those that want to break into careers related to risk, whether that's risk advisory, insurance underwriting, or enterprise risk management.

Where is your favorite spot to study on campus?

Marshall break-out rooms where I can play a few games in between my studying without worrying that the intense mouse clicking will bother others.

You were born in Taiwan and then moved to Canada when you were ten so Los Angeles is new to you. What has surprised you most about Los Angeles?

I like the diversity of Los Angeles, but the congestion on Los Angeles freeways was and still is the biggest shocker.

When you have high school friends visit you at USC, what do you show them on campus?

The USC village is usually a good place to go to. It captures the essence of the school pretty well.

If you had to take one book to a deserted island, what would that be?

Treasure Island.

Any hobbies that you started young and continued to follow through?

I started playing piano when I was 6, and currently I am taking piano lessons for non-majors at the Thorton School of Music. Besides gaming, the piano is my go-to for any stress/problem.

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Luke Zuvich

Zuvich Photo
                             

Where did you intern this summer?

I spent this summer interning for Five Point Holdings, the largest owner/developer of mixed-use, master-planned communities in coastal California.

What was the most surprising thing you learned at your job this summer?

As a Real Estate Development major, I have spent a fair amount of time studying the many aspects on the planning side of the real estate industry. But during my internship this summer, I was able to work in the Capital Markets department at Five Point, which gave me more exposure to the deal side of the industry and the role that capital markets and investors play in each development.

You were one of the “Pioneer” students, taking the first risk management course offered in USC’s Risk Management Program, Introduction to Enterprise Risk Management, in spring 2018. Why should students take the risk management courses?

The skills and practices supported by the Risk Management Program through its curriculum are pertinent, in my opinion, for any future business professional to be aware of. You truly have no idea what this world is ever going to throw at you, and understanding Risk Management will help you be prepared as an executive when it’s time to make those decisions. In addition to the excellent curriculum that the Program offers, it also has some of the most established and prestigious professors available at the University of Southern California, so I can guarantee that taking any of the courses will be worthwhile.

Did you learn anything in Introduction to Enterprise Risk Management that you applied in your job this summer?

Since Five Point is a public company, they are required to disclose any potential risks to the company’s operations in their reports to investors and filings with the SEC. After taking Introduction to Enterprise Risk Management, I went through the company’s 10-K Report to see what those risks were and then I regularly met with the Executive Vice President of Capital Markets, whom I spent my internship working under, to discuss those risks and their corresponding probability so that I could understand each of them better.

What was the most surprising thing you learned in Introduction to Enterprise Risk Management last semester?

Professor Jim Leonetti had some incredible stories about crises that he ran into throughout his own career and I think my class would agree with me that none of us would have ever expected those things to happen in the professional world. It just goes to show that you will never know what to expect and the most that we can do right now is prepare for those situations in the future, because they can and do happen every day.

How was Introduction to Enterprise Risk Management different than your other classes at USC?

Introduction to Enterprise Risk Management had some of the most important information I believe I have ever learned in a class. The material we covered in the class has the ability to make or break your career if you are faced with an unexpected crisis in the future, and Professor Leonetti made a clear effort to teach us things that you do not typically learn in school so that we could get the most out of the course as possible. Overall, Introduction to Enterprise Risk Management is unique because the course is applicable across a broad range of industries and taking the course could potentially change your career in many ways.

Who makes the best coffee on campus?

If you have ever been to Urth Café, I would highly recommend their Spanish Latte, which is basically a shaved ice coffee that tastes more like coffee ice cream than actual coffee. They do not have a location on campus at the moment, since Starbucks has not missed an opportunity to buy more space in the area, but it is worth the ride to the Arts District if you have the time. It might get you more Instagram followers too if you take a picture of it.

Where is your favorite place to eat on campus?

Nowhere on campus can compete with Panda Express. Fried rice and double orange chicken. Avoid EVK at all costs.

What is your favorite spot to study on campus?

The USC Catholic Caruso Center has a beautiful library on the second floor, which I have found to be my favorite and most relaxing place to study over the past three years. It even has a fireplace so you feel exactly as if you were at home and it has conference rooms if you need to find a place to meet with a group.

Your brother is a freshman on the USC football team. You played on the USC baseball team as a sophomore. What advice are you giving him to be a successful student-athlete at USC (besides enrolling in Introduction to Enterprise Risk Management and Introduction to Risk Management and Insurance)?

I would give the simple advice of going to class. As a former student-athlete, I often witnessed teammates who felt like they did not have the energy to go to class because of the level of intensity they were expected to compete at each day. But I can tell you with all certainty that if you go to class, school will not be as hard as it can be and you will thank yourself when midterms and finals come around. You also owe your professors the respect and professionalism of showing up to class, given the time commitment they are making to help you learn and grow as a student.

Where in Los Angeles do you bring your USC friends not from the area?

I love going to the Los Angeles Kings games. I am a huge sports fan and there is no better place in the country to see a sporting event than the Staples Center.

Your parents met at USC as college students. Where do you take them on campus when they come to visit you?

My parents love coming back for football games and tailgates. As a student, I would say that Game Days are the best part about going to USC and Saturdays in the fall have practically become weekly holidays for us. The tailgates have as much energy as a tent at Coachella and then we all walk to the Coliseum together to cheer on our friends and classmates playing on the big stage. I usually meet my parents at the game, unless my dad makes a guest appearance at the tailgate, and we sit together and catch up on everything that’s going on. I have been going to USC games since I was a baby so it has been surreal to go there as a student now and be able to spend time with my parents watching the games, which we have done so many times together.

If you had to take one book to a deserted island, what would that be?

The best book I ever read was The Mental Edge by Kenneth Baum. I read it during the summer before my sophomore year of college, when I walked on to the USC Baseball team. The book describes a program that helps athletes across the world maximize their psychological performance in their sport and, because baseball requires so much precision and mental focus, reading the book helped me tremendously when I walked on a few months after. Even now if I go to the golfing range or bowling with some friends, I apply the concepts and practices I learned in The Mental Edge.

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