Operational Risk Manager Position Available In Morris, New Jersey
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Job Description
As a Risk Management Manager you will play a critical role in identifying, assessing, and mitigating risks to ensure the safety and success of our operations. You will report directly to our Senior Director Risk Management and work out of our Northern NJ location on a hybrid work schedule.
KEY RESPONSIBILITIES
Assist Senior Director collecting exposure data for all global insurance program renewals Manage property and casualty claims program including third party administrators and brokers Oversight of all self insured filings in applicable states Assist Senior Director of Risk Management in assessing Total Cost of Risk (TCOR) Work with the risk team, brokers and underwriters to develop and implement premium allocations for the various insurance programs for each business segment Responsible for reviewing contracts to provide risk management guidance (for all coverages) minimizing exposure to Advanced Materials, while assisting growth opportunities within our business segments. Process all invoices (wires) for the risk management programs Assist Senor Director Risk Management in annual departmental budgeting and AOP forecasts Understand SAP and its application to Risk Management Responsible for collecting all SAS 70 information from insurers and 3rd party administrators Monitor monthly Risk Management expenditures for accuracy Serve as the lead contact for Risk Management SOX reporting and audit. Qualifications 5-7 years of experience in risk management or insurance related field preferred Minimum five years accounting experience preferably in the commercial insurance, risk management and/or brokerage environment. Ability to solve problems by considering courses of action within the framework of management’s goals and standards. Experience in insurance related financial reporting and compliance Bachelor’s Degree in Accounting CPA is a plus