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Renewing your membership
Membership subscriptions are renewable on 1 July. They cover a 12 month period up to 30 June the following year. Membership renewal invitations for 2022/2023 have been despatched to members.
The subscription rates for 2022/2023 are as follows:
| Membership category | Standard rate | Low GDP rate |
|---|---|---|
| Certified Fellow (CFIRM) | £220 | £187 |
| Fellow (FIRM) | £220 | £187 |
| Certified Member (CMIRM) | £203 | £173 |
| Member (MIRM) | £203 | £173 |
| Graduate Member (GradIRM) | £130 | £110 |
| Technical Specialist (SIRM) | £177 | £151 |
| Certificate Member (CIRM/IRMCert) | £156 | £133 |
| Affiliate | £132 | £112 |
| Student Diploma | £75 | £64 |
Please read this information before renewing your membership.
Concessionary fees
We appreciate that some members may experience financial hardship, making it more difficult to pay your annual subscription. To help, we provide concessionary rates to members who are unemployed, unable to work due to sickness or disability, or taking a career break. Please download the concessionary application form below and send it to us at renewals@theirm.org with documentary evidence to support your application.
Each concessionary rate will be determined by IRM on an individual basis. Approval of a concessionary rate is valid for only one subscription year. If you wish to renew your subscription at a concessionary rate you must re-apply each year. Members may receive a concessionary rate for a period up to a maximum of 3 consecutive years.
Download the concessionary application form
Retired membership
If you have retired from work and are not receiving any income from employment, you can apply for retired membership status with a reduced subscription. Retired status offers all the benefits of membership including the continuous use of your membership designation, except for certified members who cannot be certified if not active. If you are a Certified Member you will switch to Member (MIRM), and if you are a Certified Fellow you will switch to Fellow (FIRM). Please download the concessionary application form below and send it to us at renewals@theirm.org.
Download the retired membership application form
Choosing not to renew your membership
You must pay your membership subscription by 30 September or your membership will lapse and your benefits, including access to the member-only area, online student support area and ability to sit exams will cease.
Three easy ways to renew your subscription (from Mid-May - End of September):
Debit/Credit Card
The easiest and quickest way to pay is by Debit/Credit card. To make a card payment online, simply click here and log in.
To pay by phone, you can call us on +44 (0)20 7709 4125.
BACS
Please quote your full name and membership number as a reference and send a copy of the transfer to finance@theirm.org so we can ensure your payment is allocated correctly and there are no delays in identifying your payment. When you make an international wire transfer, you must select the "OUR" instruction, which means that you pay all transfer charges.
Cheque/Bank Draft
Please make cheques payable to 'Institute of Risk Management' and write your name and membership number on the back. Please send cheques to:
Membership Renewals
Institute of Risk Management
2nd Floor, Sackville House
143-149 Fenchurch Street
London, EC3M 6BN
UK
If you require an invoice please contact:
+44 (0)20 7709 9808
(menu option 2)
Bank Account Details
Account Name: Institute of Risk Management
Bank: Lloyds Bank Plc
Branch: 113-116 Leadenhall Street, London, EC3A 4AX, UK
Sort Code: 30-93-23
Account number: 00748112
BIC: LOYDGB21009
IBAN: GB46 LOYD 3093 2300 7481 12