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Risk Manager

lpcDallas, TX
On-site Full-time

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Experience Level

Experience

Qualifications

Qualifications:Bachelor's degree in a relevant field; CRMP, ARM, or CPCU designation preferred. Minimum of 5 years of experience in risk management or a related field. Proven expertise in insurance processes and risk assessment methodologies. Strong analytical and problem-solving skills. Excellent communication and interpersonal skills. Ability to work collaboratively with diverse teams and stakeholders.

About the job

The Risk Manager plays a pivotal role in supporting executive leadership by crafting and executing strategic insurance solutions tailored to the organization's unique business model. Successful candidates will demonstrate a profound understanding of risk strategies that enhance business alignment, implementation of comprehensive risk and insurance solutions, and the ability to train risk owners. This position is critical in making informed decisions that cultivate profitability and bolster organizational resilience.

Key Responsibilities:

  • Identify emerging risks and opportunities to strengthen the organization’s competitive edge.
  • Oversee the insurance renewal process, collaborating effectively with internal stakeholders, brokers, and carriers to secure optimal terms and rates.
  • Collect, analyze, and maintain comprehensive data related to construction, occupancy, protection, exposure (COPE), revenue, payroll, and employee metrics for accurate reporting and insurance purposes.
  • Apply advanced loss analysis and rating principles to support self-insured retention plans and establish premium allocation methodologies.
  • Assist in the quoting process for insurance program modifications and perform due diligence for mergers and acquisitions, focusing on risk identification and cost-efficiency.
  • Develop and manage requests for proposals for brokers and vendors; oversee the distribution of certificates of insurance.
  • Prepare and disseminate financial reports, including loss bordereaus and carrier cost allocations, while maintaining precise loss estimates for financial planning.
  • Collaborate with accounting and finance teams to enhance cash flow, validate premium audits, and manage internal billing and accounts receivables related to insurance.
  • Manage claims by reviewing incident reports, coordinating with carriers and third-party administrators, and representing the organization in mediations and litigation.
  • Utilize information management systems to generate timely and credible reports while maintaining the risk and employee database.
  • Review contracts for risk transfer, ensure compliance with contractual insurance stipulations, and address issues within risk management programs or policies.
  • Design and deliver training sessions to enhance organizational risk competency and serve as a knowledgeable resource for risk and insurance processes.
  • Perform additional duties and responsibilities as assigned.

About lpc

lpc is committed to fostering a resilient and secure organizational environment through strategic risk management and innovative insurance solutions. We value integrity, collaboration, and excellence in all aspects of our operations.

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