Insurance Risk Manager - AVP

Barclays•New York, NY

3d•$100,000 - $160,000•Onsite

About The Position

Embark on a transformative journey as an Insurance Risk Manager - AVP. At Barclays, our vision is clear – to redefine the future of banking and help craft innovative solutions. Join the Barclays Group Insurance team and build your career while supporting innovative insurance solutions and strategic projects that help advance the Bank’s objectives. The Barclays Group Insurance team is seeking a highly driven, forward-thinking early-career risk professional to support senior insurance risk managers with renewals, exposure and claims analysis, broker and insurer coordination, project planning, presentation development, key programs, including owner-controlled insurance program administration and help creating opportunities to automate processes with the use of technology.

Requirements

Foundational knowledge of commercial insurance or risk management gained through relevant coursework, a graduate program, or early-career experience in insurance, brokerage, claims, or underwriting
Interest in supporting insurance programs, renewals, project activities, and relationships with brokers, insurers, and other service providers
Understanding of commercial insurance lines such as Property, Construction, Casualty, or Management Liability, with an eagerness to develop deeper technical knowledge
Ability to take ownership of assigned responsibilities, ask thoughtful questions, apply feedback, and complete work effectively with appropriate guidance
Well-developed organizational, analytical, and problem-solving skills, with attention to detail and the ability to manage multiple tasks and deadlines in a dynamic environment
Clear written and verbal communication skills, with the ability to work collaboratively and build effective relationships with colleagues and external partners
Curiosity, sound judgment, a practical approach to problem-solving, and a willingness to learn
Adaptability and the ability to work effectively in a fast-paced environment while seeking guidance when needed

Nice To Haves

ARM and/or CPCU would be a plus
Interest in learning insurance systems, data analysis, workflow automation, and responsible use of AI tools

Responsibilities

Development of strategic direction for risk, including the implementation of up-to-date methodologies and processes.
Management of the risk department, including oversight of risk colleagues and their performance, implementation of risk priorities and objectives, oversight of department efficiency and effectiveness.
Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.
Advise and influence decision making, contribute to policy development and take responsibility for operational effectiveness.
Collaborate closely with other functions/ business divisions.
Lead a team performing complex tasks, using well developed professional knowledge and skills to deliver on work that impacts the whole business function.
Set objectives and coach employees in pursuit of those objectives, appraisal of performance relative to objectives and determination of reward outcomes.
Lead collaborative assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments.
Identify new directions for assignments and/ or projects, identifying a combination of cross functional methodologies or practices to meet required outcomes.
Consult on complex issues; providing advice to People Leaders to support the resolution of escalated issues.
Identify ways to mitigate risk and developing new policies/procedures in support of the control and governance agenda.
Take ownership for managing risk and strengthening controls in relation to the work done.
Perform work that is closely related to that of other areas, which requires understanding of how areas coordinate and contribute to the achievement of the objectives of the organisation sub-function.
Collaborate with other areas of work, for business aligned support areas to keep up to speed with business activity and the business strategy.
Engage in complex analysis of data from multiple sources of information, internal and external sources such as procedures and practises (in other areas, teams, companies, etc).to solve problems creatively and effectively.
Communicate complex information.
Influence or convince stakeholders to achieve outcomes.
Support senior insurance risk managers with renewals, exposure and claims analysis, broker and insurer coordination, project planning, presentation development, key programs, including owner-controlled insurance program administration and help creating opportunities to automate processes with the use of technology.