How is a qualified risk manager defined?

A qualified risk manager is defined as a professional who assists businesses in identifying, assessing, and mitigating risks to minimize potential losses. This role is crucial in ensuring that organizations can effectively manage their exposures and make informed decisions about risk management strategies. This definition encompasses various aspects of risk management, such as analyzing loss trends, developing risk control measures, and implementing risk financing options.

The other options describe roles that, while related to insurance and risk management, do not specifically capture the essence of a qualified risk manager's responsibilities. The oversight by government officials pertains more to regulatory aspects rather than active risk management. Selling insurance policies focuses on the transactional side of the insurance industry rather than the comprehensive risk management strategies that qualified risk managers are involved in. Lastly, customer service personnel primarily address client inquiries and support, which is not the same as the proactive role of managing risks within an organization.