What are the responsibilities and job description for the Vice President, Risk Control position at BITCO Insurance Companies?
BITCO Corporation is currently seeking a VP, Risk Control to join our Executive team in Davenport, IA. BITCO provides quality property and casualty insurance services to specialized industries including construction, forest, and oil and gas products.
This position provides leadership and oversight for the Risk Control function within the organization. This involves developing and implementing risk control strategies, operational processes, and workflows to ensure effective management of risk control services to BITCO customers and prospective new business. This role will work closely with other leaders in the organization to align risk control initiatives with the company's overall objectives and enhance risk management capabilities.
Primary Responsibilities :
- Provides leadership and oversight for the Risk Control function; develops and implements the department's strategic vision, long-term goals, and objectives in alignment with the company's overall mission.
- Provides management and direction to Regional Risk Control leaders and team, fostering a culture of high performance, collaboration, and continuous improvement.
- Develops, proposes, implements, and monitors risk control processes and procedures, with a focus on efficiencies and effectiveness
- Develops metrics and performance measures to monitor the effectiveness of risk control initiatives and day to day operations
- Ensures compliance with industry regulations and internal guidelines, including implementing industry best practices and standards
- Collaborates and coordinates with multiple functions including Actuarial, Claims, Distribution, Underwriting, and other departments to integrate risk control practices into overall business operations
- Maintains current company and department procedures. Assigns work, provides training and feedback to team members, and conducts timely and appropriate evaluations of job performance, talent, and compensation in the department
- Participates in varying levels of long-term planning at the functional or organizational level
- Other strategic and leadership duties as assigned
The successful candidate should have the following qualifications & skills :
