Risk Management Consultant

Foundation Risk Partners•Ramsey, NJ

About The Position

Foundation Risk Partners is adding a Risk Management Consultant to its Insurance Consulting & Risk Advisory team. This is a high-impact, client-facing role responsible for leading complex assignments, synthesizing technical details into strategic insights, and advising senior stakeholders on enterprise and transactional risk issues. The consultant evaluates client risk exposures and manages enterprise-wide insurance and risk programs, including renewals, broker oversight, coverage optimization, cost reduction, and market negotiations. The role also involves reviewing contracts and agreements, analyzing loss data, supporting claims and settlement decisions, and researching emerging risk-management practices to develop strategic recommendations.

Requirements

At least 5 years of experience in corporate risk management, insurance brokerage, underwriting, or a related advisory role.
Strong technical knowledge across major insurance lines and risk-financing structures.
Excellent analytical, problem-solving, and project-management skills.
Executive-level communication skills and the ability to advise non-technical senior stakeholders.
Commercial mindset and ability to connect risk decisions to business outcomes.
Bachelor’s degree from an accredited university or college.

Nice To Haves

M&A or private equity diligence experience is strongly preferred.
Professional certifications preferred: ARM, CPCU, CRM, FRM, or RF.

Responsibilities

Identify, evaluate, and analyze operational, contractual, and third-party risk exposures arising from client business activities, vendors, service providers, and customers.
Strategically manage enterprise-wide insurance and risk program renewals, including broker oversight, coverage optimization, cost reduction initiatives, and market negotiations.
Collaborate with and direct external advisors, including brokers, underwriters, claims professionals, third-party administrators, legal counsel, and specialty consultants.
Review contracts, leases, vendor agreements, and licensing arrangements for compliance with established insurance and risk-management requirements.
Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording, and service agreements; prepare cost-benefit analyses of program alternatives.
Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk, and safety teams.
Partner with legal, HR, audit, and claims teams to establish settlement strategies and support complex claims decision-making.
Research emerging and best-in-class risk-management trends and provide strategic recommendations related to insurance purchasing, program design, loss control, safety, and claims management.