What are the responsibilities and job description for the Risk/Insurance Procurement Manager position at Oliver James?
A leading firm in the Insurance industry is looking for a seasoned professional to join their risk department as a Risk Manager focused on Group Insurance Procurement for their operations in Illinois.
This permanent role is crucial for ensuring the company's procurement processes align with industry risk management standards while optimizing the insurance risk framework.
Role & Responsibilities
- Develop and implement insurance procurement strategies in line with both general insurance and life insurance sectors.
- Perform risk assessment and mitigation activities, focusing on insurance procurement to ensure risk exposure is minimized.
- Liaise with various stakeholders including policy underwriters, claims administrators, and third-party service providers to align procurement strategies with corporate risk policies.
- Lead, mentor, and manage a team dedicated to insurance risk related to group insurance procurement.
- Prepare regular risk analysis reports for senior management facilitating informed decision-making.
- Stay updated with industry regulations and ensure compliance within all operations related to group insurance and risk management.
Key Skills
- Profound knowledge in insurance procurement within the general insurance and life insurance sectors.
- Strong analytical skills to identify risk factors and develop effective mitigation solutions.
- Excellent leadership skills with the ability to manage and motivate a diverse team.
- Effective communication skills, proficient in engaging with stakeholders at all levels.
- Commitment to ongoing professional development in insurance risk management and procurement.
Insurance Procurement, Insurance Risk
Salary : $130,000 - $160,000
