Top Risk Management Executive jobs in Ohio

Description

POSITION SUMMARY:

The Associate, Risk Management contributes to the risk management teams objective to optimize our clients total cost of risk by compiling, scrubbing, and analyzing client information for annual risk management processes, assisting in the coordination of broker and third party agreements, conducting premium audits, drafting risk management budgets, leading activities to obtain engineering services, assisting in the preparation of submissions and acquisition of coverage, and creating client reports. The Associate, Risk Management develops a broad exposure to the risk management industry by onboarding new clients, conducting due diligence for mergers and acquisitions, and client management.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Compile and ensure accuracy of client data for annual risk management process
• Conduct Total Cost of Risk (TCOR) analyses and develop TCOR benchmark analyses
• Communicate with brokers and clients throughout the renewal process to provide timely and accurate information
• Communicate with third parties and assist in the vendor selection process
• Assist in establishing broker agreements by communicating with brokers, analyzing broker selection data, compiling information for presentations to clients, and communicating information to clients
• Lead the engineering coordination process under the direction of a Risk Manager or Senior Associate, Risk Management by organizing site visits and communicating with engineers and project managers
• Present information and facilitate discussions with clients, brokers, underwriters, engineers, and other partners to fully inform all partners of the risk management annual process and to understand client needs and use the information to complete the clients risk management processes
• Assist in the preparation of submissions; validates and scrubs client data to confirm accuracy
• Assist in compiling client information for underwriters
• Assist in analyses to identify optimal coverage options for clients
• Assist in the renewal process to procure quote(s), present options to client, obtain final binding order and secure financing, as needed
• Provide timely and accurate data to actuaries for completion of actuarial studies
• Assist in creating insurance budgets and obtaining client approval of the same
• Assist in creating client reports
• Assist in conducting client intake and onboarding activities
• Conduct premium allocations
• Coordinate insurance invoices
• Assist in writing presentations, reports, and manuals for use by clients and other partners
• Maintain client files according to Risk International standards
• Participate in special projects to develop broad risk management capabilities
• Support a team-based environment that reinforces Risk Internationals values of intelligence, integrity, consistency, energy, advocacy, service, and respect
• Assist in conducting due diligence and integration activities for mergers and acquisitions
• Assist in writing client proposals
• Assist in leading client intake and onboarding activities
• Work cooperatively with other Risk International departments to ensure work is completed according to timelines and quality standards
• Verify necessity of certificates of insurance and assist in their distribution to clients and third parties
• Assist in third-party administrator (TPA) selection and transition process
• Communicate with third parties and assist in the vendor selection process

Qualifications:

• Must have a Bachelor's Degree in Risk Management, actuarial science, or a closely related field.
• Experience in risk management through a formal internship or work experienceis desirable.
• Preference will be given to individuals who are in the process of, or have achieved,the Associate in Risk Management (ARM) designation or an equivalent designation.
• Knowledge of Risk Management and associated activities
• Knowledge of Property & Casualty Insurance

Skills and Competencies

• Analyzing data and information
• Deductive reasoning
• Communication with internal and external partners, written and spoken
• Critical thinking
• Client and Personal Service
• Mathematical aptitude
• Ability to manage and meet deadlines

Qualifications