Fundamental Advisors is seeking a risk and insurance manager to join its NYC based team. Candidates must have a minimum of 5 – 10 years’ experience in a relatable field. Ideal candidate will have the ability to work nimbly and independently, with a strong proficiency in Microsoft Suite (Office, Excel, Powerpoint) and an ability to collaboratively assist multiple business functions within the organization. 

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

Responsibilities will include, but are not limited to, supporting the following functions:

Finance, Accounting, FP&A Determine appropriate annual insurance and risk management budget across all insurance categories and advisory services  Report modifications to any loss sensitive insurance programs requiring change in capital commitments Collaborate with broker partner to create master insurance premium allocation representing a fair, market premium to be allocated among individual investments Manage lender negotiations and compliance with regard to insurance and indemnification provisions  Legal and Compliance Provide guidance on applicable types and amounts of insurance appropriate for existing and future governing fund commitments Periodically review investor fund agreements to confirm compliance Opine on contractual language within boilerplate template and bespoke agreements used in daily operations. Negotiate language representative of current market standards Investments Proactively consult with investments team on pending acquisitions and divestiture activity, collecting pertinent diligence details required for internal and external stakeholders Develop evaluation process for new investments and determine whether any modifications, or supplemental coverage, is required on current insurance placements  Operations Support daily operations at individual investments which may include but not be limited to onboarding new property management staff, providing educational training, and managing incident reporting  Submit insurance premium billings internally to ensure premiums are paid in a timely manner Track and review insurance claims with designated claims administrator Broker Relations & Insurance Strategy Collate necessary data and metrics to support broker submission to insurers Evaluate and recommend insurance options based on inherent vulnerabilities and exposures Represent organization on broker and carrier engagements which may include annual renewal meetings, client advisory boards, and claims closure projects Monitor reported incidents and determine threshold level for reporting to broker and insurance carriers Manage losses and claims internally  Stakeholder Communication Submit regular updates to internal insurance committee  Explore benefits of technology adoption into risk and insurance function Disperse certificates of insurance to external parties as required  Monitor partner insurance programs and opine on adequacy of the same  Keep leadership team apprised of emerging risks which may have a severe impact to the organization’s operations or profitability

The Requirements

Minimum of 5-10 year's experience in a related fieldAbility to work nimbly and independentlyStrong proficiency in Microsoft Suite (Office, Excel, Powerpoint) Ability to collaboratively assist multiple business functions within the organization

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that base salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $130,000-$150USD per year.

This role is also eligible for an annual short-term incentive bonus.

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (Washington State only)Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). All Level 38 and more senior roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans. If Level 38 or more senior role is in Washington State, you must add the retirement benefits paragraph to the job description. Please note: Producer Sales roles are not currently eligible for the WTW Pension Plan.

EOE, including disability/vets

This position will remain posted for a minimum of three business days from the date posted or until sufficient/appropriate candidate slate has been identified.