Dean & Draper · 3 weeks ago
Risk Management Specialist - Houston
Greater Houston
Full-time
Onsite
Entry Level
1+ years expDean & Draper is a Houston-based company seeking an experienced Risk Management Specialist to join their team. The role involves evaluating potential risks associated with clients’ businesses and implementing risk mitigation strategies to enhance profitability for the insurance company.
Commercial InsuranceInsuranceRisk Management
Responsibilities
Risk Assessment: Utilize statistical models and industry knowledge to evaluate the likelihood and potential severity of claims based on the collected data
Risk Mitigation Strategies: Identify potential risk factors and suggest preventative measures to clients to reduce their risk profile
Claims Analysis: Review past claims data to identify trends and patterns, informing future risk assessments and underwriting practices. Engage with insurance carriers to investigate and analyze large, open claims activity and provide feedback for clients, production and service teams
Reporting and Documentation: Generate detailed reports outlining risk assessments, rationale for pricing decisions, and recommendations for managing risk
Industry Trend Monitoring: Stay updated on industry trends, regulations, and emerging risks to adapt risk assessment methodologies
Assist in providing benchmarking data utilizing insurance data, i.e., premiums, limits, retentions, limit adequacy, and rates to internal and external partners
Present risk reports to Sales/Marketing and Commercial Lines team
Oversee the D&D Stewardship Program for our key accounts through the completion of stewardship tasks
Qualification
Required
Bachelor's degree in risk management, Insurance, or related field required
Must have all licenses as required by the State Department of Insurance to discuss and/or sell insurance in states where the agency functions
Ability to use a computer & calculator
Advanced knowledge of Microsoft Word and Excel programs
Preferred
Analytical – Must be able to quickly analyze a large collection of data, then create reports and determine results
Decision making – The ability to quickly analyze data and make a decision
Project management – The ability to organize and manage multiple projects
Excellent verbal and written communication skills
Excellent mathematical and critical thinking skills
Excellent organizational skills and attention to detail
Proficient with Microsoft Office Suite or related software to prepare reports and policies
Benefits
Competitive salary
Comprehensive benefits package including health, dental and retirement plans
Opportunities for professional development and career advancement
Company
Dean & Draper
Dean & Draper provides commercial or personal insurance programs, as well as employee benefits.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Kyle Dean
President & CEO
Stephen Smith
Chief Operating Officer
Company data provided by crunchbase