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May 11, 2021

Welcome to RIMScast. Your host is Justin Smulison, Business Content Manager at RIMS, the Risk and Insurance Management Society.


Joining RIMScast today is the 2021 Risk Management Honor Roll recipient, Cheryl Lloyd!


Cheryl Lloyd is the Associate Vice President, Chief Risk Officer, and Interim Vice President Systemwide Human Resources for the University of California. Cheryl oversees a massive risk portfolio for the University of California made up of ten campuses! She has successfully inculcated a corporate culture where everyone is a risk manager who plays a role in identifying and reducing risk across UC’s entire system.


Cheryl shares about her wild last year at UC, the various roles she has held within UC and her insights and predictions on what the next 20 years (and beyond) will hold for risk professionals.


Key Takeaways:

[:01] About RIMS’s Global Membership.

[:25] About today’s episode!

[:38] How to access RIMS LIVE 2021 sessions and keynotes online!

[1:00] About upcoming RIMS webinars.

[1:26] About today’s guest, Cheryl Lloyd.

[1:55] Justin welcomes Cheryl Lloyd to RIMScast!

[2:08] Justin congratulates Cheryl for making it on the Risk Management Honor Roll.

[3:03] How Cheryl began in risk management and what originally drew her into it.

[5:46] When did Cheryl get into risk management?

[6:09] Cheryl shares how she first came to work for the University of California, what her journey over the last 12 years has been like, and the various roles she has held.

[11:29] What it has been like in Cheryl’s position in the last year with COVID-19.

[19:30] Upcoming RIMS webinars.

[20:46] Risk management is not just about insurance; it’s also about addressing ERM issues, operational issues, and more. Has wearing multiple hats always come naturally to Cheryl?

[24:46] Does Cheryl ever reach out to other risk professionals or people in her network to share ideas?

[26:55] What are Cheryl’s hopes for the risk profession generally? What would she like to see happen in the next 20 years and beyond?

[28:41] Justin thanks Cheryl for joining the podcast and highlights some of the links to check out in this episode’s show notes!


Mentioned in this Episode:

Risk Management magazine’s 2021 Awards Issue

RIMS Webinars and Services:

Did you attend RIMS Live 2021? Sessions are accessible through June 30th, 2021. Log in with your badge number: RIMS LIVE 2021

Spencer’s Risk Manager on Campus Program — Volunteer Today!

May 13, 2021 | The Risks and Rewards of Virtual Services” | Sponsored by Beazley

May 20, 2021 | “Demystifying How Your Property Data Drives Insurance Outcomes” | Sponsored by Archipelago

May 27, 2021 | “The Dark Side of Human Nature: Preparing for Impact After a Year of Growing Tensions” | Sponsored by Beazley

June 3, 2021 | Building a Framework for Managing Climate-Related Damage Potential” — Sponsored by Beazley

Virtual Workshop: Risk Appetite Management | May 24-25 | Registration closes May 17

Virtual Workshop: Contractual Risk Transfer | June 3-4 | Registration closes May 27

Upcoming RIMS Webinars

On-Demand Webinars

RIMS Advisory Services — Ask a Peer

RIMS Virtual Workshops

Related RIMScast Episodes:

“RIMS 2021 Risk Manager of the Year: Michael Harrington”

“RIMS 2021 Award Winners: Elliott Long and Sue Mepham”

“Career Notes: RIMS Live 2021 Speaker Jade Simmons Talks Risk and Music”

“Risk Management in Higher Education with RIMS 2019 Risk Manager of the Year, Luke Figora”

“Transformative ERM Programs with 2018 Risk Manager of the Year, Rebecca Cady”  

“RIMS 2020 Award Winners: Mark Humphreys and Katherine Dawal”

“RIMS 2020 Award Winners: Audrey Rampinelli and Larry Glasser”

Download any episode of RIMScast.

RIMS Publications, Content, and Links: 

Risk Management Magazine’s 2021 Awards Issue

Risk Management Magazine

Risk Management Monitor

RIMS Coronavirus Information Center

RIMS Risk Leaders Series

RIMS-Certified Risk Management Professional (RIMS-CRMP)


RIMS Membership — Whether you are a new member or need to transition, be a part of the global risk management community!

Spencer Educational Foundational

RIMS Awards Press Release: “RIMS Risk Manager of the Year Awarded to Lockheed Martin Corporation’s Michael Harrington”


Want to Learn More?

Keep up with the podcast on and listen on iTunes.

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Join the Conversation!

Follow @RIMSorg on Facebook and Twitter, and LinkedIn.


Follow up with Our Guest:

Cheryl Lloyd’s LinkedIn