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,
In finance, a derivative is a contract that derives its value from the performance of an underlying entity. This underlying entity can be an asset, index, or interest rate, and is often called the underlying. swap is a derivative in which two counterparties exchange cash flows of one party's financial instrument for those of the other party's financial instrument. The benefits in question depend on the type of financial instruments involved.