Description
The Manager Risk Retention and Insurance will work with Finance Operations Legal and other functional areas to identify and evaluate the companys insurance risks. This role will drive the insurance program including Property and Casualty and Management Liabilities policies (but excluding insured employee benefit plans) to attain maximum protection at the most economical rates. This role will lead the design development marketing placement of the company insurance program market to third party insurance companies negotiate breadth of coverage price terms and conditions.
Responsibilities
- Manage the insurance renewal process which includes but is not limited to gathering and analyzing underwriting data determining appropriate risk assumptions and policy terms collateral requirements evaluating bids and presenting proposals to senior leadership.
- Manage centralized insurance program for international operations.
- Oversee insurance brokers daily activities including issuance of insurance certificates.
- Review various types of corporate agreements for appropriate insurance indemnification and casualty requirements and / or stipulations.
- Oversee reporting and perform analysis to identify trends and challenges.
- Provide training and education on insurance and risk mitigation as needed or requested.
- Seek ways to optimize and communicate risk controls and safety training within the organization as a competitive business advantage.
- Coordinate with the Safety Program Manager and other internal departments.
- Interacts with Executive Team Members specifically the CFO.
- Manage team members.
- Consult with affiliate organizations to coordinate the insurance and risk retention program.
Qualifications
Bachelors degree in Risk Management Business Administration Finance or Accounting (Required)Strong accounting and finance background preferred5-7 years experience in Risk Management Required; insurance background preferred CPCU and ARM preferred.Must display ability to lead and provide training and guidance to others.Strong mathematical skills needed to understand underwriting actuarial work catastrophic modeling cost-benefit analyses cash flows and budgets and expenditures.Strong vendor management skills are required to leverage large quantity and excellent quality work from third parties for most every area of the departments operations.Strong decision making organizational planning and problem solving skills.Strong interpersonal and communication skills.Strong marketing and presentation skills in order to most effectively package risk and business opportunities to third parties.Excellent business writing skills needed to prepare reports and recommendations.Strong working knowledge of insurance coverage including workers compensation errors & omissions directors & officers commercial property general liability umbrella liability commercial automobile liability cyber liability fiduciary liability fidelity and surety bonds.Required Experience :
Manager
Key Skills
Financial Services,Financial Models,Communication skills,General Ledger Accounting,Account Management,ERP,Payroll,External Auditors,Analytical Skills,Credit Card,Financial Statements,Annual Budgets,Business unit,Customer Relationship,Financial Management
Employment Type : Full-Time
Experience : years
Vacancy : 1