Insurance Risk Manager - Corporate Insurance - Director
About The Position
This position is within the Corporate Insurance division, which specializes in the overall administration of insurance programs aimed at minimizing and/or distributing the risk of loss. We are responsible for negotiating and implementing all property and casualty insurance policies, and insurance settlements, as well as Firmwide insurance risk. This role will provide an opportunity to learn the risk and insurance management discipline and be part of a Risk and Insurance Management Department (RIMD) with global responsibilities for a world-class financial services company. In the Corporate Services division, we empower our businesses by creating collaborative workplace solutions and commercial services that enhance the employee and client experience, while optimizing the value of our sourcing and third-party lifecycle to enable the Firm to do-and-win business.
Requirements
- At least 4 years of Risk and Insurance Management (RIM) and/or insurance industry experience
- 4-year college degree (business preferred e.g. business accounting, finance, risk management, etc.)
- Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (PowerPoint, excel spreadsheets, etc.)
- Associate of Risk Management (ARM) or willingness to obtain
- Strong oral and written communication
- Strong organizational skills
- Proactive, look to change or improve processes
Responsibilities
- Manage and lead the renewal of various insurance policies including but not limited to Business Unit specific professional liability programs (D&O/E&O), ERISA program, and International Fund programs
- Coordinate and manage the preparation of renewal applications for various business units in the firm; assist in the gathering of exposure data for various insurance policies, review submissions for consistency with previous years' applications, review inconsistencies with managers, then submit applications to insurance underwriters
- Create and present PowerPoint presentations to Business Units, Fund Board and Senior Management where required
- Maintain claims database and assist in claims administration and settlement of claims associated with the group's responsible insurance policies
- Manage and maintain the group's insurance policy renewal calendar and set up strategy meetings where necessary
- Assist in due diligence process (mergers & acquisitions)
- Carry out and review/audit of responsible insurance policies to ensure files are fully documented with insurance binders, program schematics, summaries and policies and are accurately reflected as per the renewal
- Responsible for all aspects of policy documentation
- Maintain and assist insurance allocation procedure and processes
- Review various contracts and agreements for adherence to required insurance policies and issuance of Certificate of Insurance to clients and vendors as required
- Input and maintain information in a Risk Management Information System (RMIS), a database and analytical software that captures policy and premium information and tracks claims data information including pending, open, and closed claims
Benefits
- Comprehensive employee benefits and perks
Stand Out From the Crowd
Upload your resume and get instant feedback on how well it matches this job.
What This Job Offers
Job Type
Full-time
Career Level
Director
