Senior Director, Global Insurance Services | Forensic and Litigation Consulting

FTI Consulting•Bowie, MD

5d•$119,500 - $329,500•Onsite

About The Position

The Senior Director contributes to FTI’s growing insurance risk management advisory team’s client service delivery. The Senior Director will be an integral part of the team, working directly with clients and their leadership, while engaging with large and complex risk profiles, private equity firms, and cross-functional FTI teams. The Senior Director will leverage his/her risk management contacts, industry expertise and overall network to source new opportunities and expand the Global Insurance Services practice revenue base. The Senior Director will work across all lines of commercial insurance coverage, while assisting on building the practice and identifies new areas to expand RMA’s services. This position reports to a Senior Managing Director based in New York.

Requirements

This role requires travel to clients and FTI offices
10+ years of commercial risk management advisory experience
5+ years of proven leadership

Nice To Haves

Must be personable and able to work in a collaborative manner with practice members
Detail oriented, with strong organizational and time management skills
Bachelor’s degree in insurance, risk management, or actuarial science
Excellent verbal and written communication skills and strong analytical skills
Proficiency in computer applications, especially Microsoft Office Suite of PowerPoint, Excel, Word, and Outlook

Responsibilities

Actively engages in business development opportunities, both internal and external
Manages and oversees RMA projects and support staff to ensure deadlines, client deliverables and budgets are met
Effectively pitch new products or solutions to existing and prospective clients and internal practices
Manages all aspects of client corporate insurance programs by compiling and analyzing the insurance needs of clients to provide optimum coverage, costs, and claim settlements
Collects, classifies, analyzes, benchmarks, and interprets data from multiple sources such as audits, claims, exposures, policies, renewals, and financial reports to identify issues and trends
Compiles, analyzes, and presents data for commercial coverage placement, administering claims, handling loss forecasting, risk management budgeting and allocations, and loss mitigation and reduction efforts
Coordinates ongoing client commercial insurance renewals providing input, renewal options, and binding communication with clients, brokers, and practice team members
Supports client loss prevention, property engineering, and safety initiatives
Contributes to the implementation of new risk policies, practices, appetites, and solutions to ensure holistic understanding and management of risks according to industry best practice.
Provides oversight of risk through documentation review, assessment of performance monitoring, model validation, and use implementation to identify, assess, aggregate, and mitigate risk events
Assists in the preparation of client presentations and reports and communicates the results of the same to client leadership
Interacts with client brokers and vendors to facilitate the delivery of critical data and information
Supports the due diligence and integration activities of merger and acquisition, carveout, and integration of client insurance programs
Collaborates with cross-functional client services teams
Assist in the evaluation, selection, transition, and onboarding of client insurance vendors, such as brokers, third-party administrators, actuarial, captive, RMIS, and loss control providers
Support practice file retention and organization on the share drive and hard copy files
Assists in the development of marketing collateral, pitch materials and thought leadership papers