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Risk Management Office

Mission Statement

The mission of the Risk Management Department at The Pennsylvania State University is to provide excellent service which will enable the University-wide community to protect revenue and assets, and to facilitate good business judgments permitting the efficient use of resources to accomplish the goals of the University.

We continuously strive to minimize the risk of financial, physical and reputational loss through the proper identification and analysis of risk, implementation of techniques such as loss prevention, contractual risk reduction, self-funding, claim management and insurance. Our scope of work includes risks involving physical, personnel and financial resources, privacy, legal and regulatory compliance. We also serve to educate the community about the role and benefits of risk management in today’s academic and business environment.

Within the Risk Management Department is housed the University’s Privacy Office, whose mission is to serve as a central resource for issues of privacy and to provide leadership in the development of programs and practices to meet relevant privacy requirements and standards.

 

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