Insurance Risk Manager
Also referred to as: Insurance Coverage Manager, Organizational Insurance Risk Manager
Requirements and Responsibilities
Manages the analysis of insurance needs of an organization to provide optimum coverage, costs, and claim settlements. Collects, classifies, and analyzes data from multiple sources such as audits, claims, renewals, and financial reporting. Identifies and classifies risk exposures to provide optimum coverage, costs, and claim settlements. Conducts regular policy reviews and research. Implements processes that identify risk exposure and classify, measure, and manage insurable risks. Compiles loss trends and reviews actuarial estimations to make recommendations. Administers systems to collect data and generate meaningful models and reporting to support decisions. Prepares policy renewals and applications. May administer self-insured plans. Requires a bachelor's degree. Typically reports to a director. Manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.
Similar Jobs:  Insurance Risk Senior Manager, Insurance Risk Analyst V, Insurance Risk Analyst III, Insurance Risk Analyst I, Insurance Risk Analyst II, Insurance Risk Analyst IV, Risk Manager, Insurance Risk Director, Insurance Risk Supervisor
Level of Education:  Insurance Risk Manager Salaries with an Associate's Degree, Insurance Risk Manager Salaries with a Bachelor's Degree, Insurance Risk Manager Salaries with a Master's Degree or MBA, Insurance Risk Manager Salaries with a JD, MD, PhD or Equivalent
Industries:  Aerospace & Defense, Biotechnology, Business Services, Chemicals, Construction, Edu., Gov't. & Nonprofit, Energy & Utilities, Financial Services, Healthcare, Hospitality & Leisure, Insurance, Internet, Media, MFG Durable, MFG Nondurable, Pharmaceuticals, Retail & Wholesale, Software & Networking, Telecom, Transportation