Assistant Risk Manager
6 - 10 years
Auburn Hills, MI
Full-time
Hybrid
1 month ago
About the role
Assistant Risk Manager
Project Worldwide
Employment type: Full-time/Hybrid
Job function: Accounting/Auditing, Finance
Job Description
Manage and oversee the organization’s comprehensive insurance and global risk management program, assessing and identifying risks, implementing solutions to eliminate or minimize exposures, and reduce insurance premiums for the success of the organization.
Essential Responsibilities:
Insurance:
Treasury:
Education, Experience and Skills
Project Worldwide
Employment type: Full-time/Hybrid
Job function: Accounting/Auditing, Finance
Job Description
Manage and oversee the organization’s comprehensive insurance and global risk management program, assessing and identifying risks, implementing solutions to eliminate or minimize exposures, and reduce insurance premiums for the success of the organization.
Essential Responsibilities:
- Manage relationships with brokers, carriers, bankers, and third-party vendors
- Coordinate and submit the gathering of insurance policy renewal data
- Lead insurance renewals, contract reviews, audits, premium analysis, and payments
- Manage GL and WC claims and ensure compliance with risk management policies
- Work closely with the Treasury Team on global Risk Management and Treasury projects
Insurance:
- Prepare, implement, and oversee insurance policies and procedures
- Manage insurance procurement, develop and implement risk management and compliance policies/procedures, and manage claims and litigation Manage and track premium payments and endorsements to policies
- Review renewal policies and compare various methods of insurance coverage
- Assess proper internal cross-charges for global premiums
- Review contractual insurance language
- Report exposures, claims and statistics to senior management
- Identify and evaluate loss exposures and develop programs to mitigate risk
- Monitor all risk management related costs to identify opportunities for cost savings
- Assist various internal departments with managing insurance requirements for clients/events
- Support existing workplace safety programs and assist with new policies and procedures
Treasury:
- Assist with processing of domestic and international wire/ACH payments as needed
- Assist with Execute Line of Credit borrowing/investment transactions as needed
- Assist with Cash Management of daily and monthly cash reporting and posting as needed
- Assist with Treasury tasks, responsibilities, and special projects as needed
- Manage bank user security entitlements and mandate audit requirements related to bank accounts and all financial transactions
Education, Experience and Skills
- Bachelor’s degree in Finance, Accounting, or Risk Management required
- 5+ years of insurance and risk management experience
- Strong financial analysis skills
- Ability to multi-task and meet deadlines with minimal supervision
- Superior organization, project management skills and mindfulness
- Knowledge of insurance laws, loss control management and claims administration procedures
- Strong with MS Office applications (Word, Excel, PowerPoint, etc.)
Skills
OtherAccounting