Insurance Risk Assessment Manager

2 weeks ago

Chicago, Illinois, United States Argo AI Full time

This role is pivotal within Argo AI, focusing on the evaluation and management of insurance-related risks. The Insurance Risk Manager will play a critical part in overseeing the Insurance Risk and Control Framework, collaborating closely with underwriting and actuarial teams to enhance processes related to underwriting and reserves.

Key Responsibilities:

  • Identify, evaluate, manage, and report on all insurance risks pertinent to Argo AI, both gross and net of reinsurance.
  • Establish and maintain key risk indicators (KRIs) and RAG trigger limits to effectively monitor risk exposure trends.
  • Contribute to the formulation of the Insurance risk appetite and continuously monitor the risk profile to preempt potential breaches.
  • Challenge and provide insights on the management of Insurance risks, including contributions to the annual ORSA and business plan risk reviews.
  • Collaborate with the Economic Capital Modelling team, particularly in calibrating insurance risk and analyzing outputs.
  • Support the development of robust systems and controls to manage exposure to insurance risk aggregations.
  • Engage with Actuarial teams to conduct regular assessments of pricing and reserving processes, identifying key risk drivers and trends.
  • Enhance the visibility of risk management practices and promote understanding across the business.
  • Design and develop risk management information (MI) that provides oversight of current risk issues and anticipates future risks.

Required Skills and Competencies:

  • Proven experience in managing cross-product line risk aggregation or conducting quantitative portfolio analysis.
  • Exceptional communication skills, capable of facilitating discussions at various organizational levels.
  • Strong understanding of the General insurance sector and Insurance Risk management.
  • Strategic mindset with the ability to create a roadmap and secure stakeholder buy-in.
  • Analytical proficiency, utilizing data and analytics for effective risk management.
  • Self-motivated and innovative, willing to challenge the status quo.
  • Collaborative approach, fostering strong relationships and teamwork.
  • Strong organizational skills, ensuring efficient planning and execution of tasks.
  • Results-driven, consistently achieving desired outcomes.
  • Influential communicator, adept at building trust and adapting to diverse cultural environments.
  • Commercially aware, integrating analytical skills with business insights.

Qualifications:

  • Strong academic background, including a university degree.
  • Relevant Insurance/Risk qualifications are advantageous.

Technical Skills & Experience:

  • Experience in underwriting, pricing, or portfolio management.
  • Alternatively, experience in assurance roles with a deep understanding of underwriting risk.
  • Comprehensive knowledge of risk management frameworks.
  • Strong numerical, report writing, and presentation capabilities.
  • Experience in a multinational (re)insurance environment, fulfilling regulatory obligations.
  • Solid understanding of underwriting, ceded reinsurance, actuarial, and risk management functions.
  • Proven ability to collaborate effectively with a diverse range of stakeholders across various levels.

  • Insurance Risk Assessment Manager

    2 weeks ago

    Chicago, Illinois, United States Argo AI Full time

    This role is pivotal within Argo AI, focusing on the assessment and management of insurance-related risks.The **Insurance Risk Manager** will take charge of the **Insurance Risk and Control Framework**, collaborating with underwriting and actuarial teams to enhance processes related to underwriting and reserving. This position serves as a critical second...

  • Risk Assessment Manager

    2 weeks ago

    Chicago, Illinois, United States IronBeam Inc Full time

    Job OverviewPosition Summary: The Risk Assessment Manager will collaborate closely with the executive team, including the CEO and CCO, to enhance, support, and sustain a comprehensive risk management framework, policies, and reporting systems. This role demands exceptional communication abilities, multitasking skills while maintaining a focus on details, and...

  • Risk Assessment Manager

    7 days ago

    Chicago, Illinois, United States IronBeam Inc Full time

    Job OverviewBenefits:401(k) PlanDental CoverageHealth CoveragePaid LeaveVision CoveragePosition Summary:The Risk Assessment Manager will collaborate closely with the executive team, including the CEO and CCO, to enhance, support, and uphold a comprehensive risk management framework, policies, and reporting systems. This role demands exceptional communication...

  • Insurance Risk Manager

    4 weeks ago

    Chicago, Illinois, United States Argo Group Full time

    Argo Group is a leader in specialty insurance with a vibrant culture built on respect, equality, wellness and opportunity. We're an innovative organization that's small enough to be agile and big enough to make a difference in our industry. Our flexible workplace is continuously evolving to ensure all employees feel: Comfortable bringing their whole selves...

  • Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Ironbeam Full time

    Benefits:401(k)Dental insuranceHealth insurancePaid time offVision insuranceGeneral Overview:The Risk Assessment Specialist will collaborate closely with senior management, including theCEO and CCO, to enhance, sustain, and oversee a comprehensive risk management framework, policies, and documentation. This role demands exceptional communication abilities, a...

  • Insurance Risk Management Specialist

    2 weeks ago

    Chicago, Illinois, United States Argo AI Full time

    This role is essential for ensuring the effective management of insurance risks within Argo AI.The **Insurance Risk Manager** will take charge of the Insurance Risk and Control Framework, collaborating with underwriting and actuarial teams to enhance the underwriting and reserving processes. This position serves as a critical second line of defense on...

  • Head of Insurance and Risk Management

    7 days ago

    Chicago, Illinois, United States Archer-Daniels-Midland Company - ADM Full time

    Position OverviewThe Head of Insurance and Risk Management will report directly to the Deputy General Counsel of ADM and collaborate closely with the Treasury team. This role is pivotal in overseeing ADM's comprehensive corporate insurance strategy.Key ResponsibilitiesManage and administer all corporate insurance policies.Lead the annual risk assessment...

  • Insurance Risk Management Specialist

    6 days ago

    Chicago, Illinois, United States Argo Group Full time

    Position OverviewArgo Group stands at the forefront of specialty insurance, fostering a dynamic environment grounded in respect, equality, wellness, and opportunity. We pride ourselves on being an innovative organization that is both nimble and impactful within our sector.Our adaptable workplace is consistently evolving to ensure all employees experience:A...

  • Insurance Risk Management Specialist

    2 weeks ago

    Chicago, Illinois, United States Aon Full time

    Risk AnalystAre you ready to make a significant impact in the realm of risk management? Aon is seeking a detail-oriented and analytical Risk Analyst to enhance our operations. This role will focus on supporting our client, Hyatt, while collaborating with various teams and insurance partners to safeguard our workforce, guests, and assets through effective...

  • Head of Risk Management

    1 week ago

    Chicago, Illinois, United States Educational and Institutional Insurance Administrators (EIIA) Full time

    Company OverviewEducational & Institutional Insurance Administrators, Inc. (EIIA) is a consortium dedicated to serving private, faith-based colleges, universities, and seminaries with innovative insurance and risk management solutions. Established over fifty years ago, EIIA emerged to provide essential coverage to historically black colleges and universities...

  • Insurance Risk Management Specialist

    2 weeks ago

    Chicago, Illinois, United States Aon Hewitt Full time

    Position Overview:As a pivotal member of our Risk Management team, you will play a crucial role in delivering exceptional results. Aon Hewitt is seeking a meticulous and analytical Risk Analyst to support our client, Hyatt. This position involves collaboration with various teams and our insurance brokerage partners to safeguard our employees, guests, and...

  • Insurance Risk Management Specialist

    2 weeks ago

    Chicago, Illinois, United States Aon Hewitt Full time

    Position Overview:The Risk Assessment Analyst plays a pivotal role in delivering robust outcomes within the organization. This position is dedicated to supporting the client and collaborating with various teams and insurance brokerage partners to safeguard employees, guests, and properties through effective insurance program management. Key...

  • Insurance Risk Management Specialist

    2 weeks ago

    Chicago, Illinois, United States Aon Hewitt Full time

    Position Overview:As a Risk Assessment Analyst, you will play a pivotal role in driving effective outcomes within our organization. This position is essential in supporting our client and collaborating with various teams and insurance partners to safeguard our workforce, clientele, and assets through strategic insurance program management. Key...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Bank of Montreal Full time

    Application Overview:As a key player in the Audit, Risk & Compliance division, the Credit Risk Assessment Specialist conducts thorough evaluations of credit portfolios to ensure the accuracy of risk ratings and the overall quality of assets. This role is essential for effective risk management, providing critical insights to senior leadership regarding the...

  • Risk Identification and Assessment Director

    3 months ago

    Chicago, Illinois, United States Northern Trust Full time

    About Northern Trust:Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring...

  • Head of Risk Management

    1 week ago

    Chicago, Illinois, United States Educational and Institutional Insurance Administrators (EIIA) Full time

    Company OverviewEducational & Institutional Insurance Administrators, Inc. (EIIA) operates as a member-focused consortium dedicated to providing innovative insurance and risk management solutions tailored for private, faith-based colleges, universities, and seminaries. Established over fifty years ago, EIIA was created to address the insurance needs of...

  • Executive Director, Risk Management and Insurance

    1 day ago

    Chicago, Illinois, United States The University of Chicago Full time

    About the RoleThe University of Chicago is seeking a highly skilled and experienced Executive Director, Risk Management and Insurance to join our team. This is a key leadership position that will play a critical role in identifying, evaluating, and planning strategies for the University's insurance programs to maximize protection of assets at the most...

  • Nuclear Risk Assessment Engineer

    2 days ago

    Chicago, Illinois, United States Jensen Hughes Company Full time

    About Jensen Hughes CompanyJensen Hughes is a global leader in fire protection engineering, risk management, and related fields. Our company is built on a strong foundation of Purpose and Principles, which guide our actions and decisions.We value our people and strive to create a culture of trust, integrity, and professional growth. Our commitment to...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States CME Group Full time

    The Credit Risk Assessment Specialist will play a crucial role in pinpointing, analyzing, measuring, overseeing, and documenting significant risks associated with CME Clearing's counterparties and exposures. The main duty of the Specialist is to evaluate and track the credit risk posed by counterparties while assigning internal credit ratings based on...

  • Credit Risk Assessment Specialist

    2 weeks ago

    Chicago, Illinois, United States Alliant Credit Union Full time

    Position Overview:As a Credit Risk Assessment Specialist, you will be responsible for developing and evaluating credit policies and strategies, along with analytical frameworks for loan origination and loss forecasting.Key Responsibilities:- Analyze relevant data to identify both quantitative and qualitative factors influencing credit risk for consumer and...