On Creating a Vision and Strategy in Risk Management

Welcome to AccelPro Audit, where we provide expert interviews and coaching to accelerate your professional development. Today we’re featuring a conversation with Chris Chung, SVP Business Assessment and Chief Audit Executive at The Doctors Company, the nation's largest physician owned medical malpractice insurer.  Chung, who previously worked at PricewaterhouseCoopers and focused on enhancing governance, risk and compliance activities, has a comprehensive idea of risk assessment. Having worked across sectors, Chung recognizes that risk can’t be boiled down to a single number. Auditors, he says, benefit from implementing a strategic approach to risk management that weighs impact, likelihood and other factors in a systematic way. That, he says, can help business leaders recognize why “risk and opportunity are two sides of the same coin.”---AccelPro’s interviews and products accelerate your professional development. Our mission is to improve your day-to-day job performance and make your career goals achievable.Send your comments and career questions to [email protected]. You can also call us at 614-642-2235.If your colleagues in any sector of the audit field might be interested, please let them know about AccelPro. As our community grows, it grows more useful for its members This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit auditinsights.joinaccelpro.com