CSRM study guide
CSRM · Work through your exam, one topic at a time.
The Certified School Risk Manager (CSRM) is a specialized designation built around the risk management needs of school districts and educational institutions. It is aimed at school risk managers, employee benefits and safety coordinators, human resources staff and others who oversee the risk management function in schools, and the insurance agents and brokers who place school business. The CSRM study guide has 5 sections and about 2,485 words.
01Fundamentals of Risk Management: Definitions, Categories, and Governance
The Fundamentals domain tests whether you can define risk precisely, classify school exposures correctly, and place risk work inside a governance framework. Questions often ask you to distinguish risk from hazard, identify which category an exposure belongs to, or explain what a board, superintendent, and risk manager each do.
524 words, about 3 min02Measuring School Risks: Exposure, Frequency, Severity, and Data Quality
Measuring School Risks tests how you identify exposures, choose exposure units, calculate frequency and severity, judge data quality, and present results in a risk register or matrix. Expect calculations and questions about which data source or metric is appropriate.
493 words, about 2 min03Handling School Risks: Treatment, Controls, and Contractual Transfer
Handling School Risks tests the treatment options, the hierarchy of controls, school-specific safety programs, and contractual risk transfer. Questions often ask which treatment is being used or what is missing from a facility-use agreement.
486 words, about 2 min04Funding School Risks: Retention, Transfer, and Insurance Program Design
Funding School Risks tests how you pay for losses: retention levels, deductibles versus self-insured retentions, insurance and pool structures, limits and valuation, reserve adequacy, and allocation of cost of risk. Expect questions comparing financing options and spotting coverage gaps.
486 words, about 2 min05Administering School Risks: Governance, Metrics, and Program Discipline
Administering School Risks tests how the program runs day to day: policy and authority, committee structure, register maintenance, metrics and reporting, claims and contract administration, renewal cycles, training, records, and program maturity. Adopt a written risk management policy approved by the board, covering scope, authority levels, roles, reporting, and review cycle.
496 words, about 2 min