Principle Risk Specialist

Munich Re • Chicago, IL

4d • Remote

About The Position

Responsible for working with both HSB and Munich Re Underwriters to support profitable underwriting, by delivering timely and targeted account evaluations in high risk occupancies. The Principal Specialist will apply advanced technical knowledge and experience to provide detailed risk evaluations of an account by interpreting factors such as design, condition, operations, maintenance, and human elements. The Principal Specialist will determine how to improve/manage the risk through account engineering, loss control initiatives and consultative risk control engineering services. Oversees the development, implementation, and maintenance of engineering guidelines on multiple high risk occupanices. Provides training and leadership to other members of the High Risk Group, loss control engineering, and underwriting.

Requirements

• Bachelor’s degree in engineering or related discipline is preferred, and can be counted for 5 years of experience
• 15+ years of experience in operations, maintenance, inspection, insurance engineering, and/or repairs of process equipment associated with high value/risk occupancies such as power generation, primary metals, mining, pulp & paper, sugar, or glass
• Comprehensive understanding of the machinery, operations, repair timelines, and process flow for multiple high risk occupancies
• Excellent interpersonal skills
• Excellent written and verbal communication
• Self-starter; able to work with limited supervision and manage competing priorities.
• Understanding of insurance industry and underwriting terms
• Strong presentation and training skills

Nice To Haves

• 5+ years experience leading/managing personnel and/or major equipment repair/installation projects as part of the experience noted above is preferred

Responsibilities

• Deliver timely and targeted account evaluations in high risk occupancies.
• Apply advanced technical knowledge and experience to provide detailed risk evaluations of an account by interpreting factors such as design, condition, operations, maintenance, and human elements.
• Determine how to improve/manage the risk through account engineering, loss control initiatives and consultative risk control engineering services.
• Oversee the development, implementation, and maintenance of engineering guidelines on multiple high risk occupanices.
• Provide training and leadership to other members of the High Risk Group, loss control engineering, and underwriting.

Benefits

• Diversity and Inclusion as a solution to the challenges and opportunities all around us.
• Inclusive culture and a workforce that reflects the customers we serve and the communities in which we live and work.
• A workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day.
• Recruit and develop talent with a focus on providing our customers the most innovative products and services.
• Equal opportunity employer.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal