Risk Management Consultant

Location
Paramus, New Jersey
Salary
$110k to $125k
Posted
Jul 06, 2022
Closes
Sep 04, 2022
Ref
SAD8823
Category
Risk Management
Job Type
Full Time

About the Role

Professional consulting organization experienced in solving the risk management and insurance challenges of its clients and implementing creative and cost effective solutions seeks a Risk Management consultant to join their team.

The Risk Management Consultant will provide risk management and insurance independent consulting services to various clients.

Duties & Responsibilities

  • Collaboration with brokers and other third parties at the ultimate direction of the client
  • Insurance marketing initiatives to include market and broker selection, coverage specifications and the compilation of exposure and loss data
  • Analyze the insurance marketing results and make placement recommendations to the client
  • Complete Policy audits and monitor outstanding policy endorsements
  • Review insurance and indemnity language in leases, loan covenants and other third party contracts
  • Educate clients on new products and new coverage available as they are introduced into the marketplace
  • Allocate annual premiums as required by the client
  • Work with lenders and client on acquisition/ divestiture due diligence
  • Assist clients with developing internal risk management/ loss control best practices, procedures and protocols
  • Report and track claims activity and effectively act as the clients claims advocate

Skills & Experience

  • Bachelor’s Degree and ARM: Associate in Risk Management or CRM: Certified Risk Manager- required
  • 5-10 years in the insurance industry or business experience as an Insurance/Risk Management Consultant or Corporate Risk Manager

Compensation

$110k to $125k