Risk Management Leader

1 week ago


Oak Brook, Illinois, United States The Chamberlain Group Inc Full time
Job Title: Head of Risk Management

Chamberlain Group is seeking a highly skilled and experienced Head of Risk Management to lead and develop the Risk Management strategy for the organization. The successful candidate will be responsible for protecting the assets of the company using a methodical approach of identification, implementation, management, and control of known and unknown risks.

Key Responsibilities:
  • Develop and Implement Risk Management Strategy: Identify loss exposures, recommend solutions, direct the structure of insurance programs, and implement approved programs and other risk mitigation strategies.
  • Manage Insurance Carrier and Broker Relationships: Evaluate market conditions throughout the renewal cycle, negotiate most favorable terms and conditions at renewal based on appropriate levels of retained liability.
  • Research and Negotiate Insurance Programs: Research insurance program structures based on company risk profile, risk appetite, and market availability.
  • Provide Regular Reporting: Prepare supporting documentation, meet with auditors, and review casualty program audit work annually.
  • Manage End-to-End Claim Process: Manage relationships with all insurance carriers, brokers, third-party administrators, and legal counsels.
  • Implement Business Continuity Plan: Develop and maintain all aspects of the Business Continuity Plan, including administration of company-wide BCP programs.
  • Develop and Maintain Insurance Budget: Create and manage insurance budgets for all lines of coverage.
  • Perform Risk Due Diligence: Conduct risk due diligence and integration for all acquisitions and investment opportunities.
  • Maintain Awareness of Emerging Risks: Stay up-to-date on emerging risks and market responses, including insurance products and risk transfer vehicles.
Qualifications:
  • Education: Bachelor's Degree; ARM required.
  • Experience: 10-15 years of progressive experience in the fields of insurance or risk management.
  • Skills: Strong problem identification and resolution capabilities, professional judgment, and decision-making abilities.
  • Travel: Ability to travel up to 15%, both international and/or domestic travel may be required.

Chamberlain Group is an Equal Opportunity Employer and welcomes applications from diverse candidates. If you are a motivated and experienced professional looking to take on a challenging role, please submit your application.



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