Risk Control Consultant

Marsh McLennan•Highland, CA

About The Position

Creates analytics to identify trends and implement risk mitigating strategies to support the reduction of the Company’s operational risk exposures, promoting risk awareness and loss prevention techniques to address individual OpCo’s business operational risk. Administers the organizations database to enhance the ability to report claims, track property exposures, and aggregation of insurers. Handles the development of RMIS to maintain up to date global property portfolio collaborations. Identifies key operational risk indicators and communicates findings to appropriate stakeholders to facilitate risk mitigating initiatives related to life, data and asset protection. Performs extensive risk assessments and due diligence on M&A transactions and communicates findings to Corporate Development while working with newly acquired entities to develop recommendations which would minimize the risk of acquiring unknown liabilities. Consults on the companies Supplier’s insurance language guidelines for US, UK and EU regions by collaborating with Legal, Global Procurement and other teams to resolve insurance issues. Conducts PowerPoint presentations related to insurance programs and acceptable contract terms for OpCo’s Legal teams. Advises on RM’s annual Insurance Budget for Risk Managers’ sign off and distribution to Finance, providing analysis and forecast of year-end expenditures for multiple lines of coverage. Conducts Opco exposure analysis and renewal surveys, implementing appropriate solutions by facilitating timely completion of each captives annual audit/ regulatory filings. For U.S. colleagues only, click here to review additional responsibilities and our reasonable accommodations standards.

Requirements

Experience in risk management and loss prevention.
Proficiency in database administration.
Experience with RMIS (Risk Management Information System).
Ability to identify key operational risk indicators.
Experience in conducting risk assessments and due diligence on M&A transactions.
Knowledge of insurance language guidelines for US, UK, and EU regions.
Experience in collaborating with Legal, Global Procurement, and other teams.
Proficiency in developing PowerPoint presentations.
Experience in advising on insurance budgets, analysis, and forecasting.
Experience in conducting exposure analysis and renewal surveys.
Ability to facilitate completion of audits and regulatory filings.

Responsibilities

Creates analytics to identify trends and implement risk mitigating strategies to support the reduction of the Company’s operational risk exposures.
Promotes risk awareness and loss prevention techniques to address individual OpCo’s business operational risk.
Administers the organizations database to enhance the ability to report claims, track property exposures, and aggregation of insurers.
Handles the development of RMIS to maintain up to date global property portfolio collaborations.
Identifies key operational risk indicators and communicates findings to appropriate stakeholders to facilitate risk mitigating initiatives related to life, data and asset protection.
Performs extensive risk assessments and due diligence on M&A transactions and communicates findings to Corporate Development.
Works with newly acquired entities to develop recommendations which would minimize the risk of acquiring unknown liabilities.
Consults on the companies Supplier’s insurance language guidelines for US, UK and EU regions by collaborating with Legal, Global Procurement and other teams to resolve insurance issues.
Conducts PowerPoint presentations related to insurance programs and acceptable contract terms for OpCo’s Legal teams.
Advises on RM’s annual Insurance Budget for Risk Managers’ sign off and distribution to Finance, providing analysis and forecast of year-end expenditures for multiple lines of coverage.
Conducts Opco exposure analysis and renewal surveys, implementing appropriate solutions by facilitating timely completion of each captives annual audit/ regulatory filings.