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Risk Manager

2 months ago

Morristown, United States Compunnel Inc. Full time

Risk Manager

Morristown, NJ

Hybrid


JOB SUMMARY

Analyse and manage risk manage, responsible for day-to-day activities related to and management of specific insurance programs as well as responsibility for financial capabilities.


JOB DESCRIPTION

Looking for a candidate possessing excellent communication and interpersonal skills as well as strong technology skills, including the ability to analyse large quantities of data. This role will require an inquiring mind and strong analytical skills to question processes and promote streamlined ways of handling the client’s various risks.


Duties:

  • Lead and handle all aspects of various insurance programs, analyze exposure data and loss information, prepare presentations that summarize the for-renewal submission.
  • Assess the impact of insurance renewal options and present recommendations with justifications, to leadership and Director of Insurance, Executive Director of Risk Management.
  • Check insurance documentation for completeness accuracy and recommend changes where necessary.
  • Ensure timely payment of premiums.
  • Serve as an Insurance subject matter authority to assist other internal groups with any insurance related issues to define and implement action plans.
  • Work with outside contractors and insurance brokers in accomplishing Risk Management objectives.
  • Serve as a key contact within Risk Management for leases, vendor and supplier contract reviews in order to ensure adequate protection for the company.
  • Review contracts for appropriate insurance language.
  • Coordinate a physical and virtual policy storage.
  • Design, develop and implement methods and strategies to continually improve processes, including processes that extend outside of Risk Management, where appropriate.
  • Coordinate issuance of surety bonds.
  • Lead or assist with projects that may arise.
  • Improve accessibility of policy and loss information.
  • Present and communicate to all levels of the business.