VOICES Klas Iloson managing director group risk management for SKF Reinsurance AB cites knowledge and risk awareness as keys to SKF s successful worldwide risk management program are not only involved in the identification of risk at their facilities but also in the devel opment of risk management strategies to address them head on Tell us a bit about SKF s relation ship with FM Global We really have a fantastic relationship We both share the same goal to improve SKF s resilience FM Global s client service team and engineers help us understand our risk and work with us on solutions to improve it Understanding our risk is very important to us At the end of the day it is our risk and we must put our company in the best possible position to succeed FM Global s practical proven solutions help us to do just that Does SKF face any risk manage ment challenges that are unique to its business We are a global company The products we make and the markets we supply are found everywhere in the world This makes us somewhat unique and our risk manage ment approach mirrors that Our strategic approach enables us to focus on dedicated tasks and challenges while at the same time lets us reach as many areas within SKF as possible Much of my day is spent bridging cultural divides in order to facilitate change and risk awareness at our facilities world wide Knowledge and risk awareness are where everything starts What risks keep you awake at night Even though we are well prepared in our loss prevention work I of course worry about having a large loss that could poten tially affect SKF s people and business but at the same time I have to accept it as a part of my job Do you have any words of advice for someone who wants to be a risk manager First and foremost you must fully under stand all aspects of your job and learn how to articulate your goals and objectives to people at all levels of the organization Com munication skills are very important in this role If you can clearly explain the risk and the consequences of not addressing it you will get a much better response from senior management What do you foresee as SKF s great est risk improvement challenges in the next five years Improving resilience at our strategic sites worldwide so they can all be designated as highly protected We always strive to be a preferred partner to our customers and deliver without any interruption in order to maximize our cash flow and operation margin Watch the video VOICES Klas Iloson of SKF Reinsurance AB on fmglobal com riskessentials ISSUE 1 2017 REASON 29

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