Head of Insurance Operational Risk Management

Chicago, Illinois Permanent USD190,000 - USD230,000 per year Hybrid working View Job Description
Serve as the main point of contact for risk management and insurance on a daily basis, addressing complex issues as needed. Collaborate closely with internal stakeholders to continuously identify and analyze exposures, manage insurance programs, and concentrate on strategic analysis and emerging risks.
  • Client will move quickly qualified candidates
  • Client offers a hybrid work model

About Our Client

Join a fast growing risk management department within an Insurance firm.

Job Description

  • Lead the 2nd Line of Defense Operational Risk oversight for various First Line Functions across the firm.
  • Act as an independent challenge function to the business by providing feedback and escalation.
  • Conduct deep-dives and targeted risk assessments of areas and processes of concern.
  • Record and analyze Operational Risk Events, suggesting and monitoring remediation actions to mitigate control weaknesses.
  • Lead regular risk meetings with senior stakeholders and review Business Unit RCSAs, KRIs, and Events.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

The Successful Applicant

  • Bachelor's degree in insurance, risk management, finance, law, business administration, or a related field required.
  • 10-15+ years of experience in Risk Management or Insurance departments within a corporation or insurance brokerage.
  • Strong organizational skills with the ability to manage multiple tasks and projects independently, with attention to detail and deadlines.
  • Responsible for claims management and reporting.
  • Excellent interpersonal, written, and oral communication skills.
  • Ability to adapt to rapidly changing responsibilities in a fast-paced environment.



What's on Offer

My client is offering a competitive compensation package, salary + bonus. My client is offering a hybrid work schedule as well. Must be authorized to work in the United States.

Contact
Thomas Falus
Quote job ref
JN-092024-6548696

Job summary

Sector
Banking & Financial Services
Sub Sector
Risk Management
Industry
Financial Services
Location
Chicago
Contract Type
Permanent
Consultant name
Thomas Falus
Job Reference
JN-092024-6548696
Job Nature
Hybrid working