Risk Management Executive
7 days ago
The Risk Management Executive plays a pivotal role in ensuring the success of our organization's underwriting and claims departments. This leader is responsible for overseeing the entire underwriting process, from application intake to policy issuance, with a focus on delivering exceptional results while minimizing risk.
This position requires a strong technical background in underwriting and claims management, as well as excellent leadership and communication skills. The ideal candidate will have a proven track record of driving business growth, improving operational efficiency, and fostering a culture of excellence within their team.
- Key Responsibilities:
- Oversee the underwriting process, including data entry, follow-up on pending applications, and release of underwriting decisions
- Provide technical leadership on product development, medical underwriting, and new business initiatives
- Manage all claims activity across internal and external partnerships, providing final claim decisions and ensuring timely and accurate processing
- Lead and coach risk staff in their service delivery and development, providing second-level review and approval of work as needed
- Liaise with Finance team and provide key audit documents to support the annual fiscal audit
Required Skills and Qualifications:
- Minimum 10 years of life and disability or critical illness underwriting experience, with 2 or more years of proven leadership experience; direct experience in managing risk mitigation activities
- Completion or pursuit of underwriting education or a professional underwriting background (FLMI, CLU, CRM), preferred
- Strong user of Microsoft Office programs (Excel, Word, PowerPoint)
- Able to interpret, assimilate, and apply numerous guidelines, reports, and data to set and manage priorities
- Bachelor's Degree or post-graduate diploma in business management, finance, or related discipline
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