Risk Management

Smith’s Enterprise Risk Management office focuses on facilitating identification and mitigation of risks that have the potential to impact the mission, strategy and operations of the college. Enterprise Risk Management focuses on institutional risk capabilities and practices for the college with an emphasis on ensuring the interrelationship and cascading effects of risks across the college are managed within the college’s risk appetite. Enterprise Risk Management processes, templates and assessment tools support analysis of risks at the college.  

Smith also has a number of risk mitigation approaches, including various insurance programs that are supported through our relationship with The Five College Office of Risk Management. The Five College Office of Risk Management is a shared administrative program that provides insurance and risk management services to Smith College, as well as guidance and policy analysis to the college on insurance and risk concerns.