Insurance and Risk Management Director jobs in Rhode Island

Insurance and Risk Management Director directs the development and optimization of an organization's overall insurance program to manage and minimize risk and costs. Defines strategic objectives and policies to ensure effective insurance coverage for the organization and to develop risk financing budgeting. Being an Insurance and Risk Management Director implements processes that identify risk exposure and classify, measure, and manage insurable risks. Develops the appropriate mix of insurance coverage for the organization and negotiate policy pricing and terms with vendors. Additionally, Insurance and Risk Management Director requires a bachelor's degree. Typically reports to senior management. The Insurance and Risk Management Director manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be an Insurance and Risk Management Director typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Risk Management Analyst
  • Falvey Insurance Group
  • North, RI FULL_TIME
  • Summary of Position

    Falvey Insurance Group is one of the largest Marine Insurance MGAs in the country and was founded on the pillars of Technology and Operational Excellence. The Risk Management Analyst role is critical to the expanding strategy of the Loss Prevention department. The candidate will be responsible for collecting and reading data, determining trends, forecast, and putting together predictive analytics to mitigate risks associated with our international transportation and logistics operations.


    Position Functions
    The role will have the following primary responsibilities:
    1. Claim Trend Analysis:
      • Research, evaluate, and prioritize risks related to transportation and logistics processes
      • Natural Catastrophes and Weather event analysis (predicative and impact assessment)
      • Global Hazard mapping analysis (trends and statistics)
      • Global incident mapping
    2. Qualitative & Quantitative Analysis: Analyze historical and real-time data to determine patterns and trends; and develop predictive models to anticipate and prevent potential risks.
    3. Aiding in the construction and maintenance of internal data reports and presentations outlining risk assessments, mitigation strategies, and KPIs. As well as maintain reports with real – time activities and outcomes.
      • Underwriting book & account portfolio performance assessment and composite scoring
    4. Development of proprietary internal Risk Platform:
      • Play a pivotal role in handling project management, development, design, and building of internal platform
      • Collaborating with our internal IT and Business Intelligence team
      • Develop training materials and conduct sessions for internal stakeholders.
      • Solicit feedback from users for on-going improvements
    5. Vendor vetting and performance assessment
    6. Assisting with other Special projects (client and internal)

    Knowledge, Skills, & Abilities

    Exceptional written and verbal communication skills with the ability to contextually switch between technical and plain language, share knowledge, and work effectively in a team environment. Excellent comprehension skills to efficiently develop a connected understanding of business processes and goals. Excellent time management skills, being able to prioritize multiple tasks at once.

    Ability to work independently and execute a variety of critical thinking and problem-solving skills. Applicant must be familiar with relational data models.
    Demonstrated ability to derive meaningful insights from unfamiliar datasets.

    Other Requirements

    • 1 – 3 years of previous professional experience in data flow and analysis
    • A working knowledge of Microsoft Office products, Adobe, spreadsheet software, and general computer skills is required.
    • Experience with BI Platforms preferred (Power BI, Tableau, or DOMO)
    • Working knowledge of the Transportation, Shipping, and Logistics industries is a plus

    Physical Requirements

    Must be able to sit for long periods of times, communicate via telephone, and operate a computer, and copy machine

    Supervisory Responsibilities

    None

    Equipment Used

    Computer, telephone, & copy machine.

    Hours of Operation and Working Conditions

    This position supports our marketing efforts internationally. This position's work hours are Monday through Friday 9am - 5pm, in a hybrid work environment. Our hybrid environment is 3 days within our business-casual office environment. Of these 3 days in the office, Wednesday and Thursday are required, and employees may work from home the other 2 days. Our employees choose their schedule. This position requires occasional flexibility for working additional hours to accomplish project objectives.



  • 24 Days Ago

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Broker/Producer for Wholesale Insurance
  • Novatae Risk Group
  • Providence, RI FULL_TIME
  • 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 searchi...
  • 8 Days Ago

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Producer/Broker for Surplus and Wholesale Insurance
  • Novatae Risk Group
  • East Providence, RI FULL_TIME
  • 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 searchi...
  • Just Posted

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Construction Risk Engineer
  • Factory Mutual Insurance Company
  • Johnston, RI FULL_TIME
  • Overview FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property ins...
  • 1 Month Ago

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Risk Intelligence Analyst
  • Falvey Insurance Group
  • North, RI FULL_TIME
  • Summary of PositionFalvey Insurance Group is one of the largest Marine Insurance MGAs in the country and was founded on the pillars of Technology and Operational Excellence. The Risk Intelligence Anal...
  • 1 Month Ago

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Risk Management Intern
  • Ocean State
  • North, RI INTERN
  • POSITION SUMMARY: The Intern role at Ocean State Job Lot (“OSJL” and “Company”) is a paid, full-time, temporary role responsible for developing a broad knowledge of the company in order to further bui...
  • 7 Days Ago

Rhode Island (/ˌroʊd -/ (listen)), officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States. It is the smallest state in area, the seventh least populous, the second most densely populated, and it has the longest official name of any state. Rhode Island is bordered by Connecticut to the west, Massachusetts to the north and east, and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York. Providence is the state capital and most populous city in Rhode Is...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Insurance and Risk Management Director jobs
$177,682 to $251,549

Insurance and Risk Management Director in Bismarck, ND
Risk Management administers University risk programs and services in the following areas.
January 02, 2020
Insurance and Risk Management Director in Rock Island, IL
As Risk Management Monitor noted, there are a lot of obvious risks for any new enterprise and business owners may be savvy enough to mitigate them.
February 05, 2020
Insurance and Risk Management Director in Lake Charles, LA
Risk Management uses a combination of commercial insurance, self-insurance, risk avoidance, risk transfers and effective claim management.
February 18, 2020