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Foundation Risk Partners
Entry Level-Insurance Risk Management Consultant
Career Insights for Business / Management Consultant
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Based on Florida data
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What they do
A Business or Management Consultant provides strategic management consulting to companies and businesses. Advises on ways to improve operations, increase efficiency, reduce costs and increase revenues; may recommend systems or organizational change. Works with business management analysts; frames problems for business clients, and develops plans to address inefficiencies.
$111,822 / year median in Florida
+4% projected growth
Job Description
Foundation Risk Partners , one of the fastest growing insurance brokerage and consulting firms in the US, is adding to their team a Risk Management Consultant to their Insurance Consulting & Risk Advisory team. This role requires a high‑impact, client‑facing professional capable of leading complex assignments, synthesizing technical detail into strategic insight, and advising senior stakeholders on enterprise and transactional risk issues. Key Responsibilities Identify, evaluate, and analyze operational, contractual, and third‑party risk exposures arising from client business activities, vendors, service providers, and customers. Strategically manage enterprise‑wide insurance and risk program renewals, including broker oversight, coverage optimization, cost reduction initiatives, and market negotiations. Collaborate with and direct external advisors including brokers, underwriters, claims professionals, TPAs, legal counsel, and specialty consultants. Review contracts, leases, vendor agreements, and licensing arrangements to ensure compliance with established insurance and risk management requirements. Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording, and service agreements; prepare cost‑benefit analyses of program alternatives. Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk, and safety teams. Partner with legal, HR, audit, and claims teams to establish settlement strategies and support complex claims decision‑making. Research emerging and best‑in‑class risk management trends, providing strategic recommendations related to insurance purchasing, program design, loss control, safety, and claims management. Qualifications & Experience Bachelor's degree in Risk Management, Insurance, or related field Strong analytical and problem-solving skills Internship or coursework related to insurance, risk management, or consulting Florida 2-20 license, or ability to obtain Professional certifications preferred: