Overview: Grow your career with Adecco Group North America, the world's leading provider of recruiting and career services.
The Director of Risk Management
provides administrative direction and oversight to the management of enterprise-wide underwriting and risk management operations. Manages risk exposures (operational and strategic) within established appetite, tolerances and limits of the organization, as well as in compliance with applicable regulations, rating agency standards, and strategic organizational imperatives.
Responsibilities: GENERAL RESPONSIBILITIES:
- Directs the support of underwriting and risk management objectives through the definition, development and execution of related strategies, processes and best practices in accordance with organizational priorities.
- Responsible for Insurance placements for all lines of insurance including: Property, Casualty, Directors & Officers, Crime, Fiduciary and Property.
- Responsible for working with Sr. Risk Analyst to develop, gather, review and provide exposures, statements of values and underwriting data.
- Manages Actuarial study process and reporting.
- Manages Captive and all reporting in conjunction with the VP of Risk.
- Provides reporting and analysis to the field to ensure continuous improvement.
- Leads reporting and data analytics for Risk department
- Provides balance sheet and P&L reporting in conjunction with finance department
- Acts as Administrator for RIMS system used by department.
- Manages the acquisition, development and design of accurate and effective insurance coverage, alternative risk transfer (ART), or other risk financing strategies, including participating in pricing negotiations and determining state-specific costs.
- Monitors interactions with all service providers to ensure quality of service, implementing solutions to enhance service levels as necessary; fields and resolves any escalated issues.
- Maintains knowledge of current laws, rules and regulations related to risk management and their impact on the organization.
- Interfaces with internal and external business partners to ensure a unified approach to risk management is maintained.
- Implements process improvement strategies, as well as identifies, develops and implements policies, procedures and best practices.
- Manages and monitors departmental operating budget, including performing forecasting and developing analytical reports.
- Directly and/or indirectly coaches, trains and supervises employees, including fostering an environment that promotes personal and professional development.
- Participates in special projects and performs other duties as assigned.
Qualifications: EDUCATION & JOB REQUIREMENTS:
Bachelor's degree in risk management, business, or a related field with a minimum of ten (10) years of related analytical claims and/or risk management, negotiation and settlement experience, three (3) of which include supervisory responsibilities; or equivalent combination of post high school education and experience.
Designation of Associate in Claims (AIC), Associate in Risk Management (ARM) and/or Chartered Property Casualty Underwriter (CPCU) preferred. COMPETENCIES:
- Skilled in communicating effectively verbally and in writing with all levels of management and employees.
- Skilled in working with carriers, third-party administrators, managed care organizations and medical providers.
- Skilled in working with a Captive.
- Ability to establish and maintain effective working relationships.
- Ability to effectively manage projects that vary in nature and scope.
- Ability to maintain confidentiality of all information.
- Ability to identify complex problems, review related information and develop and implement solutions.
- Ability to evaluate, enhance, and/or enhance existing and new processes.
- Ability to negotiate terms of third-party service arrangements with carriers, third-party administrators, and other service providers.
- Knowledge of and the ability to understand the concepts, best practices and standards for handling and resolving a variety of workers' compensation, liability, and property claims.
- Knowledge of and ability to understand the standard concepts, practices, and procedures related to risk management and insurance administration (excluding insured employee benefit plans).
- Knowledge of and ability to understand managed care programs and related loss mitigation techniques.
- Knowledge of and the ability to interpret and understand related federal, local and state laws, rules and regulations.
- Advanced knowledge of commercial insurance coverage types, products and uses.
- Proficient with Microsoft Office products including Word, Excel, PowerPoint and Outlook.
Adecco Group North America through an impressive portfolio of staffing industry leading brands, including Accounting Principals , Adecco Staffing, Ajilon, Beeline, Entegee, Lee Hecht Harrison, Modis, Paladin, Parker+Lynch, Pontoon, Special Council and Soliant is the world's leading provider of Human Resources solutions.
We are the workforce experts delivering staffing and career service solutions to organizations and individuals across all industries. Collectively we harness the power of some of the greatest talent in the world. That talent and expertise allows us to do business globally and act locally with deep knowledge in niche areas.
Every day, we have more than 100,000 associates on assignment, 30,000 colleagues working internally to support more than 10,000 clients in the United States and Canada. Ensuring our business units are prepared to deliver outstanding service to our associates and clients, the Adecco Group North America team provides a strong infrastructure through our corporate and shared services team.
Equal Opportunity Employer Minorities/Women/Veterans/Disabled
We partner with people to improve skills, teams and lives every day, and we help them achieve more than they ever thought possible.