AVP, Risk Consulting
Posted 14 Days Ago
Title:
AVP, Risk Consulting
Company:
Everest Insurance Company of Canada
Job Category:
Operations
Job Description:
It’s an exciting time for Everest! As we continue on our journey, we see significant opportunities ahead of us to expand our reach, build diversity, and enhance our capabilities in critical markets.
Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in the Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. But the most critical asset in this organization is our people.
Role Overview
This role is a unique opportunity to join our developing risk engineering team and release your full potential. Far from long time established and set in stone processes, you will proactively participate in building the way our risk engineering works and performs in supporting underwriting processes and loss control. Your imagination will be as important as your experience and communication skills. Successfully collaborating with underwriters and engineers from all offices to create and deliver worldclass risk engineering services will guarantee your international visibility.
Core Responsibilities:
As an Everest Risk Engineer, you will:
- Provide risk engineering services for Property underwriters in all Everest offices, with a main focus on heavy manufacturing industries such as food, automotive, pharma, and light chemicals.
- Support the Everest business by delivering risk assessment and prevention services to facilitate account retention and business growth.
- Be a strong sales asset by supporting prospect client specific sales strategy and activities.
- Conduct risk management services including attendance at client roadshows and meetings, attend and conduct site surveys, develop risk improvement recommendations, loss reviews, account service plans and other work for the Property department.
- Manage external risk Consulting service providers.
- Develop in conjunction with the underwriting team and the risk engineering function a risk management structure including pre-bind assessment reports, a risk grading tool, loss estimate guidelines including use of external modelling tools, and other risk management capabilities.
- Develop and maintain service instructions, reference materials, training guides, service tools and standard recommendations.
- Development and management of publications and website content.
- Assure the timely delivery of quality work cost-effectively, meeting department performance metrics.
- Contribute to Underwriting guidelines, research, manage emerging issues and assess business opportunities and prospective insured submissions.
- Maintain existing value-added services or develop new services to meet customer expectations.
- Provide marketing support including materials and presentations. Deliver technical presentations where required.
- Participate in department initiatives & planning sessions to address emerging issues, business opportunities, and corporate directives.
- Be responsible for developing and maintaining relationships with key brokers and Clients.
- Effectively communicate with management on all issues both within and outside the Unit as needed.
- Interact and coordinate activities with other departments (e.g., Claims, Market Management, and other lines of business).
- Recommend new procedures and programs where warranted.
- Monitor regulatory, science and technology developments and link with risk evolution. Periodic issuance of Everest technical update bulletins.
- Monitor losses to feed underwriters and risk assessment process; update standard recommendations accordingly.
- Work with risk engineering dedicated to other lines of business to align risk engineering processes and tools to implement a global “One Everest” approach.
- Share experience, knowledge and documents with other Everest Engineers and Underwriters to enhance the global team expertise.
Skills & Abilities
- Ability to establish and maintain excellent relationships both internally and externally.
- Maintain and develops market knowledge including competitor profiles and products.
- Excellent negotiation skills.
- Judgment and decision-making skills – ability to use logic rationality and objectivity in decision making.
- Commercial attitude.
- Strong communication skills including participating in online and onsite seminars.
- Fluency (both spoken and written) in English. Fluency in French would be a plus.
Experience & Qualifications
- Considerable experience in a similar role as a Risk Engineer within insurance.
- Degree in civil, electrical, chemical, mechanical engineering or other relevant discipline
- Solid presentation skills and experience.
- Ability to work with large accounts, producers and Underwriting partners.
- Working knowledge of Microsoft products including Word, Excel, Outlook and PowerPoint
- Possess strong writing, verbal, & interpersonal skills.
Our Culture
At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviours. Click here to learn more about our culture.
- Our Values are the guiding principles that inform our decisions, actions and behaviours. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
- Our Colleague Behaviours define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
All colleagues are held accountable to upholding and supporting our values and behaviours across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.
Type:
Regular
Time Type:
Full time
Primary Location:
Toronto - Insurance Canada
Additional Locations:
N/A