Senior Risk Manager
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Job Location:
Salt Lake, UT - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
The Sr. Risk Manager provides expertise in insurance & risk management; loss prevention; claims management and other key risk management activities for a significant real estate investment portfolio of commercial residential and land properties overseen by a large team of professional investment managers specializing in asset management construction transactions and supporting functions.
Responsibilities
Insurance & Risk Management
Advising:Responsible for advising and assisting senior management in incorporating risk management and insurance principles and practices in business operations and agreements while ensuring the risk management policies and strategies are in compliance with applicable regulations contracts and Federal/State development of tools practices and policies to analyze and report to management regarding the status of enterprise risk.
Insurance Purchase and Management:Manage all aspects of the Companys insurance plans and programs (property casualty builders risk environmental workers compensation etc.). Prepare insurance applications evaluate quotes and recommend coverages premiums and limits. Obtain insurance cost estimates to assist in underwriting potential property acquisitions. Oversee the development of portfolio and property specific insurance renewal budgets and manage the budget for risk management operational needs. Work directly with brokers and underwriters for new and existing insurance coverage within the United States and internationally. Oversee issuance and renewal of certificates of insurance where utilized.
Policies & Best Practices:Develop implement and promote insurance and risk management-related policies procedures and guidelines to create a comprehensive approach to identifying prioritizing and mitigating risks that could impact business objectives.
Loss Prevention
Develop and maintain loss control programs and advise operating units on implementation considering type of property geographical location and claims history. Suggest risk mitigation strategies that are cost-effective. Utilize insurer loss prevention resources.
Claims Management
Claims:Manage all aspects of claims including receipt and review of all accident/incident reports. Report claims/incidents to the appropriate insurance carriers and claims leverage third party administrators in adjusting claims and monitor their performance. File claims with responsible parties and negotiate settlements with insurers of tenants vendors and contractors. Manage and refine the claims reporting process with a focus on efficiency.
Litigation: Coordinate closely with legal counsel for proper determination of liability and resolution of litigated claims in multi-state environment. Manage subrogation efforts and legal costs.
Qualifications
Member of the Church of Jesus Christ of Latter-day Saints and currently temple worthy
Bachelors degree in risk management and insurance law business or related fields; advanced degree(s) and professional designation(s) a plus.
More than fifteen years of experience in one or more of the following areas: risk management insurance legal and/or business management. Experience with risk management of investment properties strongly preferred
Significant understanding of the design and administration of insurance programs to mitigate property casualty builders risk and environmental risk; experience with insurance policy pricing and renewals
Proven history overseeing claims management programs/working effectively with third party claims adjusters and evaluating insurance and indemnification provisions in legal agreements
Experience negotiating insurance liability and indemnification provisions of various agreement types including joint development agreements property management agreements and complex commercial contracts
Experience overseeing litigation matters and coordinating the work of outside litigation legal counsel preferred
Experience with construction insurance performance and payment bonds and subcontractor default insurance
Experience with creation and execution of Enterprise Risk Management programs. Proficiency in use of RMIS a plus
Exceptional analytical skills organizational skills and attention to detail with proven history of taking initiative and driving projects forward
Excellent skills in MS Outlook PowerPoint Excel and Word
PR/IP
Required Experience:
Manager
Key Skills
- Arm
- Risk Management
- Financial Services
- Cybersecurity
- COSO
- PCI
- Root cause Analysis
- COBIT
- NIST Standards
- SOX
- Information Security
- RMF
About Company
Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord’s work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings— giving Church members places ... View more
