VP, Global Risk Management and Loss Control

Allied World Assurance Company • Chicago, IL

9d • $190,000 - $245,000

About The Position

To provide strategic leadership for the Primary Casualty and Defense Base Act (DBA) divisions, aligning the loss control and risk engineering department's strategy with organizational goals. This role involves developing a market-leading, innovative risk engineering proposition to drive profitable growth through proactive loss mitigation initiatives. The Vice President will provide expert-level consultation and services essential for risk identification, selection, and reduction while leveraging data analytics and technology to enhance effectiveness.

Requirements

• College degree, extensive primary casualty and DBA loss control experience, and relevant designations.
• Superior organizational skills and time management.
• Excellent written and verbal communication, negotiation, and presentation skills.
• Proficiency in MS Word, Excel, and PowerPoint, and experience with modern data analytics and safety management software/platforms.
• Strong analytical, problem-solving, and critical thinking abilities.
• Knowledge of insurance terminology and a deep understanding of risk management principles.
• Ability to perform on-site inspections, which may require physical mobility (climbing, confined spaces), as well as conduct remote/virtual assessments.
• Employee may not be involved in any underwriting negotiations or decisions.
• All activities must be approved by the Legal & Compliance department.

Nice To Haves

• Advanced degrees or certifications such as OSHA training are highly valued.

Responsibilities

• Function as a subject matter expert in the Defense Base Act division with interactions to our internal and external clients.
• Collaborate with the brokers and insureds to develop and execute comprehensive loss control service plans, safety tools, and programs to support company efforts and insureds.
• Participate in external communications and marketing activities (excluding negotiation, preparation, pricing or underwriting of specific policies).
• Represent Allied World at industry forums, conferences and panels, including active participation on the board of directors’ seat on the National Floor Safety Institute (NFSI) and the ANSI steering committees.
• Support the analysis and profile of potential exposure by assisting and monitoring employee concentration at job sites and for conveyance within DBA book of business.
• Create customer files, loss control recommendations and introductory materials to be stored in Efiles.
• Identify loss control vendors and firms; oversee vendor relationships.
• Provide monthly loss control status report to DBA SVP and your direct report outlining the services rendered and that are going to be rendered to insureds as well as quantify those services rendered.
• Actively participate in the monthly DBA/FGL team meeting providing updates on your service plans, ongoing service, expected travels and any identified trends noted in industry.
• Complete desktop analysis in a timely manner for DBA/FGL requests from the underwriting team members.
• Maintain continuing professional development and attend appropriate technical courses.
• Lead the development and implementation of risk assessment tools, reports, and resources that will promote a competitive advantage over our competitors.
• Continually conduct research and analysis on emerging risk management issues, liability trends, best practices, and relevant judicial decisions, laws, and regulations.
• Lead a quarterly claims and loss control meeting that reviews trends in both claims and loss control, new initiative plans and record minutes to be distributed to DBA SVPs.
• Lead the 45-60 day renewal review meetings (Claims, Loss Control and Underwriting) for all insureds with premium >$250,000 while recording minutes of the meeting and distribute to DBA SVPs.
• Manage policyholder contact databases, oversee vendor relationships, and lead external communications and marketing activities (excluding policy negotiation or underwriting).

Benefits

• Health, Dental and Disability Insurance, a company match 401k plan, and Group Term Life Insurance.
• Allied World is an Equal Opportunity Employer. All qualified applicants will be considered for employment without consideration of any disability, veteran status or any other characteristic protected by law.

What This Job Offers

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