1 Trainee Officer: $28,007.20 annually. 2  Certified Officer: $30,807.92 - 45,033.82 annually.  Annual salary additive of approximately $1,200 when employed in Indian River, Martin, Okeechobee, or St. Lucie counties. Annual salary additive of approximately $2,500 when employed in Palm Beach, Broward, Dade or Monroe counties.
What Is Risk Transfer? Risk transfer is a risk management and control strategy that involves the contractual shifting of a pure risk from one party to another. One example is the purchase of an insurance policy, by which a specified risk of loss is passed from the policyholder to the insurer. Other examples include hold-harmless clauses,
From the economic point of view, financial derivatives are cash flows, that are conditionally stochastically and discounted to present value. The market risk inherent in the underlying asset is attached to the financial derivative through contractual agreements and hence can be traded separately.The underlying asset does not have to be acquired. Derivatives therefore allow the breakup of ownership and participation in the market value of an asset. Credit derivative products can take many forms, such as credit default swaps, credit linked notes and total return swaps. 2  Derivative: A financial contract whose value is derived from the performance of assets, interest rates, currency exchange rates, or indexes.