Tiara Wallace Champions Diversity and Innovation in Risk Management (Triple-I Blog)

Tiara Wallace Champions Diversity and Innovation in Risk Management

Thursday, February 29th, 2024 Education & Training Insurance Industry Risk Management

Tiara Wallace, the newly appointed Director of Risk for Invesco US, exemplifies passion and innovation in the field of risk management. Her journey from a claims adjuster to a leading role in a major financial services firm underscores the dynamic and evolving nature of the profession. Wallace’s personal story of guiding her son towards a major in risk management highlights the familial influence on career paths and the practical application of risk management principles in various job roles.

Wallace’s career reflects a commitment to education and mentorship, having served as an adjunct professor and advocating for the profession to young people from diverse backgrounds. Her approach is inclusive, recognizing the value of both academic credentials and industry experience. Wallace’s transition into risk management was inspired by a friend’s suggestion, leading her to explore and eventually embrace the field despite its absence from her undergraduate options.

The importance of diversity in risk management is a central theme of Wallace’s narrative. She observes a gradual shift towards inclusivity in the industry, though challenges remain. Her efforts to promote diversity extend beyond race and gender to include neurodiversity and varied professional backgrounds. Wallace’s leadership and active involvement in industry organizations reflect her commitment to being a part of the change towards a more diverse and dynamic profession.

Wallace’s story is also a testament to the transformative power of mentorship and the importance of being proactive in one’s career. Her advice to professionals, especially women, to be bold and assertive, underscores the need for self-advocacy and the pursuit of equitable opportunities in the workplace.


External References & Further Reading
https://insuranceindustryblog.iii.org/advancing-diversity-requires-insurers-and-prospects-to-adopt-a-proactive-mindset/

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