Risk Management Associate

1 day ago


Parsippany, New Jersey, United States Factory Mutual Insurance Company Full time
About the Role

Factory Mutual Insurance Company is seeking a skilled Risk Management Associate to join our team. As a key member of our client service process, you will be responsible for building and maintaining excellent relationships with clients and brokers.

Key responsibilities include ensuring profitability by retaining existing customers at equitable terms and conditions, maintaining a high level of understanding of our broad suite of products and services, and providing leadership to the extended client service team.

Additional duties include supporting the development and implementation of formalized risk reduction and mitigation strategies with clients, working closely with Business Development Executives on prospects, and protecting FM's assets through effective use of company underwriting programs.

  1. Bachelor's degree or equivalent experience; CPCU or ARM desired but not required.
  2. 3 - 5+ years industry experience in servicing/underwriting large property accounts of varying occupancies.
  3. A strong understanding of property loss prevention concepts is desired.
  4. Strong familiarity with FM's client service process is helpful.
  5. Working knowledge of property insurance and forms, financial documents, as well as business computer applications.
  6. Demonstrated above-average organizational ability, including problem-solving, sales/negotiation, leadership, and team-building skills.

The position is eligible to participate in FM Global's comprehensive Total Rewards program, which includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work time off allowances, and much more.

FM is an Equal Opportunity Employer committed to attracting, developing, and retaining a diverse workforce.



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