Walton Enterprises is seeking a skilled, highly motivated, experienced, and entrepreneurial individual to join the team as a Risk Manager. The ideal teammate will possess excellent communication skills, collaborative in nature, as well as the demonstrated ability to analyze complex situations and policies, centered on a best-in-class Client Service philosophy.
Our Commitment to Diversity, Equity, Inclusion and Belonging
We are committed to embedding diversity, equity, and inclusion throughout the organization to foster an environment where all associates THRIVE and belong. We do this by creating:
- a culture committed to continuous learning that recognizes and values differences
- an environment of respect and connection to learning from the richness of identities, experiences, and perspectives
- fair access for all to opportunities for growth and advancement
About the Position
The Risk Manager will work closely with and support the Director-Insurance and Risk Management with the management of diverse Private Client Personal Lines and Commercial Lines insurance programs, with various levels of complexities for both Property and Casualty lines of business, including Valuable Articles, Yacht, Aviation, Construction, Farm and Ranch, Management Liability products and perform due diligence with all new business opportunities.
You will be responsible for the management and day-to-day service of complex personal lines, commercial, and personal/commercial hybrid accounts, reporting directly to the Director of Insurance and Risk Management. You will develop and retain consultative relationships with clients and internal business partners, Brokers and Carrier business partners. You must also be able to evaluate and educate clients on coverage gaps and newly available coverage options, the industry state of the market, and emerging trends.
Responsibilities
- Assist with the development, implementation, and management of comprehensive and competitive insurance programs for the firm’s geographically diverse real estate and asset portfolios and corporate operations, including the negotiation of policy terms and conditions
- Assist with the research, evaluation, and make recommendations regarding current and state-of-the-art trends in risk management, safety, and loss control strategies.
- Assist with budgets, forecasts, financial reports, premium allocations, premium audits, and retro calculations.
- Coordinate claim coverage issues; participate in claim review meetings and analysis of claim reserves
- Provide consultation and technical advice on insurance and risk management issues to business units; laisse with internal and external stakeholders, including partners, lenders, asset and property managers
- Assist with performing asset acquisition due diligence, identifying and analyzing significant risk management and insurance issues, compiling required underwriting data, and assisting with making appropriate recommendations
- Assist with establishing contract standards for insurance and indemnification wording; review contracts and other legal documents to evaluate risk-related provisions, assuring competitiveness and compliance with insurance and risk management policies
- Assist with internal communication and strategies related to program recommendations and risk management initiatives
- Develop detailed policy summaries for dissemination to lenders, tenants, and other third parties
- Assist with the maintenance of annual records and implementation of our Agency Management System
- Analyze the insurance provided by joint venture partners for compliance with applicable agreements
- Assist with the development of standard processes and procedures for risk management functions
- Assist with the development and implementation of relevant risk management policies, training, and communication to ensure the efficient operation of individual operating units
- Other risk management duties as assigned
