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Lockton · 13 hours ago

Risk Manager

Denver, CO

Full-time

Hybrid

Senior Level

$150K/yr - $180K/yr

7+ years exp

Lockton, Inc. is the largest privately held independent insurance brokerage in the world, dedicated to empowering its associates and serving clients with excellence. The Risk Manager will oversee comprehensive insurance and risk management programs, assessing and identifying risks to ensure the financial success and safety of the organization.

Auto InsuranceInsuranceRisk Management

Responsibilities

Own, drive, and manage client’s risk program

Serve as the key consultant to our internal partners, operating as a strategic consultant to all U.S offices

Reviews and analyzes the effectiveness of loss management programs, including coverages and ways to reduce costs and losses

Partners with Lockton’s brokerage services to assess various risk finance and purchasing opportunities to improve total cost of risk; leverages quantitative analyses to present findings and recommendations

Architect reporting protocol for all Risk Mitigation programs and cost analysis. Establishes policies and procedures to identify and address risks in the organizations services and departments, conducts risk assessments, collecting and analyzing documentation. statistics, reports, and market trends

Reviews and assesses risk management policies and protocols; makes recommendations and implements modifications and improvements

Reviews and analyzes metrics and data such as cash flow, inventory, breakage, and employee activity that could uncover fraudulent behavior

Drafts and presents risk reports and proposals to executive leadership and senior staff

Recommends and implements risk management solutions such as insurance, safety and security policies, business continuity plans, or recovery measures

Provides oversight and strategic direction for our internal loss prevention programs

Acts as a liaison to attorneys, insurance companies and individuals, investigating and incidence that may result in asset loss

Review and negotiate insurance provisions in contracts (with assistance/input from Legal)

Respond to and ensure completions of Certificate-of-Insurance requests

Respond to general insurance inquiries

Coordinate the general administration of insurance – including, but not limited to exposure collection, insurer presentations and submission materials, preparation of an insurance budget, summaries of insurance to key internal personnel, account handler communication and coordination of activities/services, liaison with all necessary Lockton internal departments

Manage claims and loss control activities

Represent client in the insurance market – meet with insurers on behalf of the client and manager other third-party vendor relationships

Qualification

Risk managementInsurance expertiseClaims managementSafety certificationsMicrosoft Office SuiteAnalytical skillsCommunication skillsInterpersonal skillsOrganizational skillsProblem-solving skills

Required

Bachelor of Arts or Sciences degree in business field, related field, or equivalent practical insurance claim management experience

7+ years of experience and expertise to manage large and complex claim programs

Certified in Safety Professional, ASP, and ARM or CRIS

Substantial knowledge of the practices and procedures of Third-Party Administrators, and the skill to effectively develop long term partnerships that meet client expectations and needs

Proven experience in the evaluation of the accuracy of property and casualty claims reserving practices

Demonstrates the skills and confidence to be effective in communicating with senior level management within the client's organization

Strong knowledge the evaluation, interpretation and communication of insurance claims and coverage

Strong knowledge of Microsoft Office Suite (Word, Outlook, Excel, and PowerPoint)

Strong verbal and interpersonal communication skills required

Understands industry trends and governmental regulations

Ability to complete continuing education requirements as needed

Ability to attend company, department, and team meetings as required, including industry training sessions

Ability to comply with all company policies and procedures, proactively protecting confidentiality of client and company information

Ability to efficiently organize work and manage time to meet deadlines

Ability to travel by automobile and aircraft

Ability to work outside of normal business hours as needed