Assistant Risk Manager

Project Worldwide • Auburn Hills, MI, US • 1d ago

Assistant Risk Manager

Project Worldwide

Employment type: Full-time/Hybrid- Must live in the Auburn Hills, MI Area

Job function: Accounting/Auditing, Finance

Job Description

Manage and oversee the organization's comprehensive insurance and global risk management program, assessing and identifying risks, implementing solutions to eliminate or minimize exposures, and reduce insurance premiums for the success of the organization.

Essential Responsibilities

Manage relationships with brokers, carriers, bankers, and third-party vendors
Coordinate and submit the gathering of insurance policy renewal data
Lead insurance renewals, contract reviews, audits, premium analysis, and payments
Manage GL and WC claims and ensure compliance with risk management policies
Work closely with the Treasury Team on global Risk Management and Treasury projects

Insurance:

Prepare, implement, and oversee insurance policies and procedures
Manage insurance procurement, develop and implement risk management and compliance policies/procedures, and manage claims and litigation Manage and track premium payments and endorsements to policies
Review renewal policies and compare various methods of insurance coverage
Assess proper internal cross-charges for global premiums
Review contractual insurance language
Report exposures, claims and statistics to senior management
Identify and evaluate loss exposures and develop programs to mitigate risk
Monitor all risk management related costs to identify opportunities for cost savings
Assist various internal departments with managing insurance requirements for clients/events
Support existing workplace safety programs and assist with new policies and procedures

Treasury:

Assist with processing of domestic and international wire/ACH payments as needed
Assist with Execute Line of Credit borrowing/investment transactions as needed
Assist with Cash Management of daily and monthly cash reporting and posting as needed
Assist with Treasury tasks, responsibilities, and special projects as needed
Manage bank user security entitlements and mandate audit requirements related to bank accounts and all financial transactions

Education, Experience and Skills

Bachelor's degree in Finance, Accounting, or Risk Management required
5+ years of insurance and risk management experience
Strong financial analysis skills
Ability to multi-task and meet deadlines with minimal supervision
Superior organization, project management skills and mindfulness
Knowledge of insurance laws, loss control management and claims administration procedures
Strong with MS Office applications (Word, Excel, PowerPoint, etc.)