2017 Board elections - Call for nominations
Alarm is currently seeking nominations for the Alarm Board of Directors.
This year there are three 3 year posts post available.
The Board of Directors are responsible for the overall management of the company including the setting of its strategic direction and the management of all financial and governance matters of the organisation. Board members are all volunteers and as such do not receive any remuneration for their time and commitment, although reasonable travel expenses are paid to enable them to carry out their Board duties.
What is involved in being a Board member?
Board members will be required to attend, in person, 6 Board meetings a year, strategic planning days and annual Conference. In addition, each Board member may be called upon to lead or assist on initiatives, projects or consultations which may require additional time in attending or facilitating meetings, often by teleconference, or in preparing and developing such projects.
Board members generally have to give their own time, or time with the permission of their employers, to carry out their duties. Nominees should note these requirements and ensure that they have the commitment and capacity to meet this, and also the support of their employing organisation.
What skills are required?
Alarm is an organisation for risk managers, run by risk managers, so the key attributes are enthusiasm, a commitment to the ideals of Alarm and a broad knowledge of the risk and insurance market environment. It’s also helpful if you have project management skills, can start and finish tasks and can also see the bigger picture.
What are the benefits in being a Board member?
Membership of the Board will provide individuals a unique opportunity to gain strategic and governance skills which may not be available to them within their employing organisation. In addition, they will gain from training and development opportunities organised to enhance the effectiveness of the board.
Nominees should ideally have:
- A willingness and capacity to work at a strategic level, including business planning
- Experience in policy and commercial product development
- Financial planning experience and an understanding and knowledge relating to financial accounts
Only full voting members of Alarm are eligible for election to the Board. Retiring Board members who have not completed a nine year term may seek re-election.