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Risk Management Consultant
4 months ago
Industry: Consulting
Title: Risk Management Consultant
Location: Basking Ridge, NJ 07920 (4 (day)s in the office, 1 day from home)
Duration: 6 Months Contract with higher extension possibilities
Pay Rate: $58-60/hr without benefits
Job Description:
Physical Location: Need to be in the Basking Ridge New Jersey area hybrid requires 4 (day)s per week in client's offices.
Outsourced to Client located in New Jersey, this is a hybrid position requiring in-office presence for a portion of each week. Located near Morristown and reporting to the Director – Treasury (Risk Management & Insurance) responsible for day-to-day activities related to and management of specific insurance programs as well as responsibility for financial capabilities.
Looking for a candidate possessing excellent communication and interpersonal skills as well as strong technology skills, including the ability to analyze 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, and 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 and 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, and vendor and supplier contract reviews in order to ensure adequate protection for the company.
• Review contracts for appropriate insurance language.
• Coordinate 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.
Requirements:
• Bachelor’s degree in risk management, Finance, Accounting, Economics or four or more years of work experience plus ARM or CPCU certification
• Six or more years of meaningful work experience.
• Experience in a corporate risk management department, commercial insurance brokerage firm, or related position.
• Exceptional computer skills, particularly MS Office strong Excel and PowerPoint skills, and proficiency in G-suite.
• Ability to capture and analyze large quantities of data using various tools.
• Strong written and oral communication skills.
• Strong social interaction skills.
• Ability to work through issues/problems and complete deliverables.
• Willingness to travel.
