You have a clear vision of where your career can go. And we have the leadership to help you get there.At CNA we strive to create a culture in which people know they matter and are part of something important ensuring the abilities of all employees are used to their fullest potential.
The mission of CNAs Enterprise Risk Management (ERM) function is to build upon an established risk management framework to support the achievement of the companys strategic order to do this the ERM function collaborates with the business areas to integrate effective risk management practices across all areas of the business. The ERM function establishes an enterprise-wide view of acceptable risk levels and aggregates models and evaluates exposures across all areas of the business.JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
Establish partnerships with the business to serve as a specialized point of contact for enterprise or business unit risk-related matters. Develops effective partnerships with key stakeholders to capture business process requirements and help translate these requirements into technical solutions to drive efficiency for the organization.
Perform timely identification assessment and quantification of insurance risks by owning and executing on related ERM processes.
Coordinate and manage business level risk committees and forums to allow for continuous risk dialogues and enhancement of risk culture.
Partners with the business on ongoing enhancements and develops forward looking key risk indicators used in the management of business risk reporting for committees and forums.
Conduct periodic risk assessments to validate efficacy of controls and levels of residual risk. Implements risk management programs consistent with the organizations strategic plan.
Advise train and coach stakeholders to create greater transparency and understanding of effective controls.
Partner with Corporate Compliance and Internal Audit on the Three Lines of Defense and ensure an effective and efficient feedback loop therein.
Facilitate setting of meaningful risk appetite statements for the business; oversee resulting limits and ensure alignment with enterprise risk tolerances.
Promote the utilization and embedding of economic capital and a risk/return framework within the business bringing quantitative capabilities to the forefront.
Produce advanced quantitative analyses in support of business decisions and scenario analysis partnering closely with Exposure Management and Economic Capital Modeling.
May perform additional duties as assigned.
Reporting Relationship
AVP or above
Skills Knowledge & Abilities
Experienced thought leader with a track record of leading transformational projects and optimizing reporting used in -depth and proven understanding of enterprise risk management practices coupled with a good understanding of the industry including a broad understanding of underwriting claims reserving pricing and product development.
Ability to collaborate with business and functional experts to provide risk assessment guidance recognize risks and design control enhancements.
Excellent analytical and problem solving skills with the ability to effectively plan and direct multiple projects and project work teams. Exhibited sense of urgency to drive effective change across functions in a large organization
Excellent interpersonal presentation verbal and written communication skills with the ability to effectively interact with internal and external business partners.
Ability to exercise professional judgment and assume responsibility for decisions which have an impact on people and quality of service.
Strong knowledge of Microsoft Office Suite accounting systems and applications and other business-related software.
Strong knowledge of data modeling development and reporting in data visualization tools such as Looker Tableau ThoughtSpot is a plus.
Education & Experience
Typically a minimum of ten years related risk and/or insurance experience. Candidates at lower experience levels may be considered position level will be determined based on qualifications.
Progressive experience leading teams and projects.
Applicable certifications e.g. PRM FRM CPCU and/or professional/insurance designation a plus.
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In certain jurisdictions CNA is legally required to include a reasonable estimate of the compensation for this District of Columbia California Colorado Connecticut Illinois Maryland Massachusetts New York and Washington the national base pay range for this job level is $97000 to $189000 determinations are based on various factors including but not limited to relevant work experience skills certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees and their family members achieve their physical financial emotional and social wellbeing goals. For a detailed look at CNAs benefits please visit.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation please contact.
Required Experience:
Director
CNA provides insurance solutions to more than 1 million businesses and professionals worldwide. With more than 100 years of industry experience, CNA has earned a reputation as one of the most trusted commercial insurance companies in the business. We’re a powerful legacy built on expe ... View more