Voutique

Finance professionals prepare and interpret financial plans and reports, ensuring accuracy and compliance with applicable financial rules and regulations, including internal financial controls, to mitigate risk for the company. Finance professionals may also shape and execute client deals to maximize the use of our Company's capital and resources, manage cash and/or liaise with the investor community.

Job Description:

• Risk Financing
• Participate in, and support, the global insurance renewals process (includes professional / management liability, property and casualty; excludes workers comp).
• Support insurance renewal strategies and program design/structure that align with the company’s risk tolerance.
• Interact with brokers, insurers, vendors, and other peers in the industry.
• Collect, evaluate, and deliver underwriting information necessary for insurance renewals.
• Assist with risk assessments and mitigation.
• Review and implement appropriate insurance and risk management processes in merger and acquisition activity.
• Utilize and/or establish analytics, metrics, and benchmarking through multiple sources.
• Manage budget, accrual, and finance/accounting for the function.

Risk Modelling

• Conduct business interruption modelling, make recommendations and improvements to methodology.
• Support other types of modelling and analysis, including but not limited to Cyber, Errors & Omissions, Political Risk, and Terrorism.

Contractual Risk Management

• Implement the team’s approach and processes for drafting, revision, and negotiation of global contracts from an insurance and risk management perspective including proactive identification of risks, impacts and provision of mitigation approaches to Global Risk Assessment and Financing leadership.

Risk and Compliance Management

• Support risk identification and assessment arising from practice expansion, new geographies, mergers and acquisitions, and client deals.
• Execute loss prevention/mitigation and alternative financing methods to prevent or offset potentially catastrophic loss to the business.
• Respond to company-wide inquiries regarding insurance and risk.
• Continually assess and review our risk profile and propose recommendations to the leadership on risk mitigation, quantification, control, and transfer.

QUALIFICATIONS

• This position requires at least a BA or BS in Finance, Accounting, Risk Management, Actuarial, Data Analytics, or similar field, with a preference given to strong analytical capability, as evidenced by coursework (and/or work responsibility).
• This position requires 5-7 years of progressively responsible experience in a corporate risk management function, insurance broker, and/or insurer, with a preference given to broad experience with different geographies, types of insurance, and industries / risks. Knowledge of new and emerging risk exposures is particularly helpful.
• The position is based out of the Chicago, IL office; it will initially be 100% work-from-home, and up to 75% work-from-home post-COVID. The ideal candidate is a self-starter who can operate independently with limited guidance, but also functions well in a team environment and a globally distributed workforce.
• The ideal candidate has an insatiable curiosity and desire to learn, is technology-savvy, thrives in a dynamic, ever-evolving environment, and is comfortable interacting with internal and external business partners, colleagues and vendors of various levels from all over the globe
• The position reports to Manager, Global Risk Financing.