The ARM™ Certification

The Associate in Risk Management, otherwise known as the ARM™ Certification, is a certification in risk management. This is one of the premier insurance certifications of the property-casualty insurance industry.

This certification is typically held by risk managers, risk officers, risk advisers, insurance agents, brokers, and underwriters.

The ARM™ Certification focuses on all aspects of risk management. This certification covers a wide array of insurance topics including risk management, risk assessment, and risk treatment. Unlike some of the longer insurance certifications, the ARM™ certification is only three exams.

Read more about the benefits of the ARM™ in our ARM™ Designation Overview blog.

How to Earn the ARM™ Certification

The ARM™ certification is achieved after the completion of a series of three exams and an ethics requirement course. The exam topics include:

  • Risk concepts and environment.
  • Holistic risk.
  • Risk treatment

ARM™ Certification Exams

The ARM™ certification is achieved after the completion of a series of three exams:

  • ARM™ 400 – this exam covers risk concepts and the risk environment.
  • ARM™ 401 – this exam covers holistic risk.
  • ARM™ 402 – this exam covers the topics of treating and assessing risk.

ARM™ Exam Passing Grade

Each ARM™ Certification exam is multiple choice with a pass or fail grade of 70%. You must score a 70% or higher on each exam to pass.

The ARM™ exam consists of 50 multiple-choice questions in the virtual exam. The virtual ARM™ exams will be 65-minutes long. Meaning, to answer every question before the time runs out, you should plan on spending about 1 minute and 18 seconds to answer each question (50 questions in 65 minutes).

All questions on the virtual exam will be application-based scenario questions. These are tricky questions that require you to apply your knowledge to a real-life scenario to choose the appropriate answer (you will not be repeating a definition or concept). That means, there is really no way to cheat on your exam, so don’t even try. You can download one of our free practice exams to see what these questions look like.

How Long To Earn ARM™ Certification

The ARM™ exams are TOUGH. It is no easy task to complete this insurance certification, which is why only the best of the best earn their ARM™.

The industry recommends about 2 – 3 months of studying per exam and about 12 – 18 months to complete the coursework and earn the ARM™ certification.

Although that’s the industry-recommended time, I see most people pass each exam with one to two months of studying. If you’re truly dedicated you can crank out the entire ARM™ certification within six months of studying.

I always recommend that people study an hour a day on lunch break or before work. Just an hour a day for 2 – 3 weeks should be plenty of time for you to pass your exam.

Be sure to check with your employer before you get started, as most employers will pay for your study material and exams.

Learn more about why you should pursue this designation in our blog three reasons to pursue the ARM™ Insurance Designation.

ARM™ Study Material

There are a number of great resources across the web that sell ARM™ study material. There is no right or wrong choice; it really depends on your study preference. This is the study material we recommend:

Free Practice Exam

Ready to get started studying? We’re here to help (for free). Download one of our free ARM™ practice exams to get a feel for the type of content you will be studying.

Download: Free Practice Exam (CPCU® | ARM™ | AINS™ | API™)

More Information

For more information about the ARM™ designation checkout some of our other free resources:


ARM™ exams are administered by the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI does not administer the actual exams, we are an independent resource of free content, advice, and study material for professional insurance education. This blog is intended for informational purposes only, to inform prospective students of the benefit of the ARM™ designation.

ARM™, CPCU®, and API are trademarks of the American Institute for Chartered Property Casualty Underwriters (“The Institutes”). AssociatePI LLC is not affiliated with, associated with, endorsed by or otherwise supported or recognized by The Institutes in any way. AssociatePI LLC is not authorized by The Institutes to offer courses, practice examinations, or any other resources related to the Institutes’ designations or other programs.


Download your free CPCU®, ARM™, or API™ practice exam.