Senior Risk Manager Role
The primary objective of this position is to contribute to the achievement of departmental, branch, and corporate goals in relation to profit, growth, service delivery, and client relationships.
Responsibilities:
1. Book Management
* Develop and implement effective portfolio analysis, profit, and retention strategies to support the achievement of revenue and profit targets.
* Collaborate with internal stakeholders to develop a unified approach to book management and provide feedback and solutions to colleagues.
* Monitor and report on the status of open claims for assigned accounts and make recommendations to improve outcomes.
* Prepare thorough account reviews with management, demonstrating knowledge of risk, industry trends, and company capabilities.
2. Underwriting Quality and Compliance
* Adhere to underwriting standards and workflows to support revenue and profit goals.
* Evaluate and accept or decline new lines, renewals, and endorsements within delegated authority.
* Evaluate and make recommendations for acceptance or declination on risks exceeding authority.
* Recommend account trade-off decisions.
* Provide input to management on profit analysis, premium planning, market analysis, and environmental factors.
3. Sales and Marketing
* Achieve individual producer targets as specified in business plans.
* Develop an effective business development strategy to prospect for new business across product lines and broker segments, collaborating with internal stakeholders to maximize sales and marketing outcomes.
Requirements:
* Proven ability to identify and implement intelligent solutions to complex underwriting situations.
* Subject matter expertise in pricing techniques, alternative risk transfer, reserve development, and key account management.
* Working knowledge of key accounts and interdepartmental relationships.
* Judgement, experience, and confidence to make recommendations for tailored coverage and policy manuscripting.
* Familiarity with competitor products and services.
* Demonstrated capacity to utilize negotiation strategies to achieve constructive business outcomes.
* Ability to work effectively with people and influence decision-making.
Benefits:
4. Opportunity to work in a dynamic and agile environment with opportunities for career development and advancement.
5. Flexible working arrangements via the