AIM study plan
AIM · Give each week a clear focus.
8 weeks · About 7 hours per week
Management and Leadership in Risk Management and Insurance
Map the Domain 1 blueprint into a one-page outline of its major knowledge areas and weight them by exam emphasis
Define the core risk-management vocabulary (risk, hazard, exposure, retention, transfer, avoidance, mitigation) in your own words and flag any term you cannot explain aloud
Identify the distinct roles of risk manager, underwriter, claims professional, and broker, and write a sentence on how each interacts with the others
Build a running glossary document you will update every week
Your checkpoint
A one-page weighted Domain 1 outline plus a glossary with at least 25 defined terms
Management and Leadership in Risk Management and Insurance
Explain the risk-management process end to end (identify, analyze, evaluate, treat, monitor) and give one workplace example per step
Compare retention, transfer, avoidance, and loss control, stating when each is the better choice
Trace how an organization's risk appetite and tolerance shape its treatment decisions
Draft five original scenario prompts that require choosing a treatment strategy
Your checkpoint
A written walkthrough of the risk-management process applied to one realistic organization
Management and Leadership in Risk Management and Insurance
Describe how insurance pricing connects expected loss, expenses, and profit load
Distinguish the functions of underwriting, actuarial, claims, and distribution inside an insurer
Explain the roles of reinsurance and how it affects an insurer's capacity and volatility
Summarize the main insurance regulatory objectives (solvency, market conduct, consumer protection) without notes
Your checkpoint
A two-page summary connecting pricing, underwriting, claims, reinsurance, and regulation into one value chain
Management and Leadership in Risk Management and Insurance
Apply leadership and management concepts (motivation, delegation, feedback, decision-making) to risk and insurance teams
Identify ethical dilemmas a risk professional may face and articulate a defensible decision framework
Explain how enterprise risk management integrates siloed risks into a portfolio view
Complete a 40-question self-written Domain 1 quiz and score it
Your checkpoint
A 40-question self-authored Domain 1 quiz with answer key, scored at 80% or higher
Leading in an Evolving Risk Environment
Map the Domain 2 blueprint into a weighted outline and note where it overlaps Domain 1
Explain how emerging risks (cyber, climate, supply chain, technology, workforce) differ from traditional insurable risks
Describe how scenario analysis and stress testing support strategic risk decisions
List the governance structures (board oversight, risk committees,三道防线-style controls) that support risk leadership
Your checkpoint
A weighted Domain 2 outline plus a one-page comparison of emerging versus traditional risks
Leading in an Evolving Risk Environment
Analyze how an evolving risk environment changes capital, product, and underwriting strategy
Evaluate the opportunities and limits of data, analytics, and automation in risk decision-making
Assess how regulation and public policy respond to emerging risks and what that means for leaders
Draft three original case-style prompts on leading through change
Your checkpoint
A written strategic brief on how one emerging risk reshapes an insurer's or risk department's priorities
Management and Leadership in Risk Management and Insurance & Leading in an Evolving Risk Environment
Synthesize Domains 1 and 2 into a single integrated framework of leadership, risk, and insurance
Practice timed mixed-domain questions and record error patterns by knowledge area
Re-teach your three weakest knowledge areas aloud from memory
Refine the glossary and outline documents to close remaining gaps
Your checkpoint
A timed 60-question mixed-domain practice set completed with an error log categorized by knowledge area
Management and Leadership in Risk Management and Insurance & Leading in an Evolving Risk Environment
Review the full error log and confirm each weak area is resolved
Complete two full-length timed practice sessions under exam conditions
Recite key definitions and frameworks from memory without reference materials
Finalize a one-page pre-exam summary sheet
Your checkpoint
Two full-length timed practice sessions completed with scores of 80% or higher and a finalized one-page summary sheet
Milestones
Week 2: Can explain the full risk-management process and all treatment options aloud without notes
Week 4: Domain 1 self-authored quiz scored at 80% or higher; glossary has 40+ terms
Week 6: Can articulate how an emerging risk changes strategy, governance, and decision-making in one continuous explanation
Week 7: Timed mixed-domain practice set completed with error log; weakest three areas identified and re-taught
Week 8: Two full-length timed practice sessions at 80% or higher and summary sheet finalized