Schaumburg, Illinois, USA
44 days ago
Associate Risk Manager

Marsh McLennan Agency’s Midwest Region is a full-service brokerage providing business insurance, employee benefits, private client insurance, and retirement services to businesses and individuals across the country. MMA Midwest  is consistently recognized as a top workplace, attracting and retaining its insurance talent by rewarding expertise and investing in career development. Colleagues enjoy an award-winning culture that fosters a highly productive and results-driven working environment.

As an insurance expert, the Associate Risk Manager will manage Adventurous Journeys Capital Partners (“AJCP”) property, liability, and construction insurance strategy. This role collaborates with cross-functional teams, including Investments, Development, and Asset Management, to support AJCP’s rapid growth.

Broker Relationship

Communicates with broker regarding insurance, claims, or administrative issues, acting as a liaison to resolve escalated mattersManages relationships with third-party service providers including brokers, insurers, and consultantsManages the claims process on behalf of AJCP and work directly with brokers and carriers to ensure optimal outcomes when losses occurWorks with AJCP department leaders and outside brokers to identify value-add opportunities, including cost efficiencies and ways to realize scale benefits as AJCP growsPerforms any additional responsibilities that may be required to support AJCP’s rapid growth

Client Advocacy

Prepares insurance applications and renewal market submission documentation for all of AJCP’s insurance lines of coverageReviews policy terms and conditions, coverage, insurance limits and retention levels with the Head of Risk Management to make recommendations in support of AJCP’s risk management strategyDevelops, implements, and maintains tools to track COIs and key metrics, including insurable values, replacement cost estimates, annual premiums, key policy terms, etcMaintains a database of insurance policies and calendar of policy renewal dates and work across departments to understand timing of projects moving through the various phases of construction to completionReviews contractual insurance requirements and make recommendations on appropriate insurance language to various business unitsEnsures premium invoices are properly coded and submitted for timely payment Assists with compliance processes, including annual audits and construction audits Responds to lender, JV, or other stakeholder regarding insurance-related reporting requests

Peer Relationships

Participates in ongoing scheduled meetings with AJCP’s service team to discuss accounts, renewals, service needs, service platform, etc.Develops successful and effective working relationships with AJCP, Producers, Account Executives, Account Managers, Client Service Representatives, Claim team members, managers, carriers, and members of other departments

Required

Upon hire, Insurance Producers License for Property/Casualty5+ years of relevant experience in a risk or insurance position such as an insurance brokerage firm, insurance carrier, property underwriter or in-house risk manager for a REIT, real estate developer, or other company with significant real estate holdings.Experience with strategic planning and implementation of complex accounts

Preferred

BS/BA in Business, Insurance or related fieldARM, CRM, CRIS, or other professional insurance designation related to disciplineExperience working with agency management systemsAdvanced skill level in Microsoft Office suite

A Great Place to Work. A Great Place to Perk.

Recognized for workplace culture by the likes of Fortune Magazine, The Chicago Tribune and more, our colleagues enjoy an environment that fosters creativity as well as individual and organizational growth. A small sampling of the benefits our colleagues enjoy include:

Medical, dental, vision, 401K benefits and more

The flexibility to work at home or an office

A paid day off to volunteer and company-organized volunteer events

Up to $1,000 per year in matching charitable donations

Up to $750 per year in wellness rewards

A company-wide mentality that you can never appreciate your co-workers too much
 

Who You Are is Who We Are

MMA Midwest has created an award-winning culture largely due to meeting our colleagues where they are, celebrating their differences and building an inclusive environment. We challenge ourselves to create a workplace where our colleagues feel not only welcomed, but feel they belong; where we not only embrace diverse perspectives and opinions but seek them out; and where we ask not how a colleague fits our culture, but what they add to it.

#MMAMW

#MMABI







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