Risk Management Consultant

The role

You will advise clients on operational, contractual and third-party risk, and lead insurance and risk program renewals. You will also work with brokers, underwriters, claims teams and legal counsel.

What you will do

• Identify, evaluate and analyze operational, contractual and third-party risk exposures from client activities, vendors and customers.
• Manage enterprise-wide insurance and risk program renewals, including broker oversight, coverage optimization and market negotiations.
• Collaborate with and direct external advisors such as brokers, underwriters, claims professionals, TPAs, legal counsel and specialty consultants.
• Review contracts, leases, vendor agreements and licensing arrangements for insurance and risk management compliance.
• Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording and service agreements.
• Prepare cost-benefit analyses of program alternatives.
• Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk and safety teams.
• Partner with legal, HR, audit and claims teams on settlement strategies and complex claims decisions.
• Research risk management trends and give recommendations on insurance purchasing, program design, loss control, safety and claims management.

Required qualifications

• Minimum of 5 years of experience in corporate risk management, insurance brokerage, underwriting or a related advisory role.
• Strong technical knowledge across major insurance lines and risk financing structures.
• Excellent analytical, problem-solving and project-management skills.
• Executive-level communication skills with the ability to advise non-technical senior stakeholders.
• Commercial mindset with the ability to connect risk decisions to business outcomes.
• Bachelor's degree from an accredited university or college.

Nice to have

• M&A or private equity diligence experience.
• Professional certifications: ARM, CPCU, CRM, FRM, RF.

Benefits

• Medical, vision and dental benefit options.
• 401(k) with company match.
• Company paid life insurance.
• STD and LTD coverage.
• Generous PTO policy starting at 18 days per year.
• 10 paid holidays and 2 floating holidays.

Before you apply

• Professional certifications are preferred but not required.

About the company

Foundation Risk Partners is an insurance brokerage and consulting firm in the US. It is adding a Risk Management Consultant to its Insurance Consulting & Risk Advisory team.