The California Joint Powers Insurance Authority (California JPIA) was asked by the California Society of Municipal Finance Officers (CSMFO) to provide training to its members. This training will serve as continuing education, focusing on an overview of public sector risk management and its practice in the local government setting.
CSMFO is California’s premier statewide association for finance professionals. This includes employees and elected or appointed officials who are involved in government finance for cities, special districts, and counties in California.
Expected to occur over two sessions, the goal of this training is to guide attendees through a general understanding of risk management, with specific concepts and practical guidance that will help an organization be smarter in managing risk.
Areas covered in the training include walking through the basic framework of public sector risk management; defining risk management as a process; understanding risk financing, risk retention, and risk transfer; exploring what risk management looks like in different sized organizations; identifying exposures that create significant costs, and explaining the factors that contribute to those costs; breaking down the life of a liability, workers’ compensation, and property claim; discussing reserves and claim tails; identifying loss control efforts that can be used pre claim; responding to incidents and accidents; utilizing root cause analysis; formalizing safety management; and creating a risk management culture.
Questions regarding this training can be directed to Norm Lefmann, Assistant Executive Officer.
Providing innovative risk management solutions for its public agency partners for more than 40 years, the California Joint Powers Insurance Authority (California JPIA) is one of the largest municipal self-insurance pools in the state, with more than 120 member cities and other governmental agencies. Members actively participate in shaping the organization to provide important coverage for their operations. The California JPIA provides innovative risk management solutions through a comprehensive portfolio of programs and services, including liability, workers’ compensation, pollution, property, and earthquake coverage, as well as extensive training and loss control services. For more information, please visit the California JPIA’s website at cjpia.org.