Insurance and Risk Management Director oversees an organization's overall insurance program to manage and minimize risk and costs. Manages strategic objectives and policies to ensure effective insurance coverage for the organization. Being an Insurance and Risk Management Director conducts regular policy reviews and research. Compiles loss trends and reviews actuarial estimations to make recommendations. Additionally, Insurance and Risk Management Director administers systems to collect data and generate meaningful models and reporting to support decisions. Creates processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiates policy pricing and terms with vendors. May review and approve policy renewals and applications. Requires a bachelor's degree. Typically reports to a director. The Insurance and Risk Management Director typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. To be an Insurance and Risk Management Director typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)
Novatae Risk Group is a national wholesale/brokerage for hard to place commercial insurance coverages. We are seeking experienced commercial E&S Producer/Brokers for your area location. We are searching for candidate(s) who have demonstrated success in the wholesale industry or MGA. We are expanding our capabilities for revenue generation and have a very generous compensation package to offer.
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Equal Employment Opportunity
At Novatae Risk Group, we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our products, and our community to flourish. Novatae is honored to be an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, color, ancestry, religion, sex, national orientation, age, citizenship, marital status, disability, gender identity, sexual orientation, or Veteran status. In addition, Novatae makes reasonable accommodations to known physical or mental limitations of an otherwise qualified applicant or employee with a disability, unless the accommodation would impose an undue hardship on the operation of our business.
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