Global Risk Management Internship Jobs in Toronto, ON

SUMMARY  

The Manager, Global Risk Management leads the global insurance program , supporting all regional entities and is responsible for claims management and loss prevention programs. They will provide Risk Advisory to senior leadership in support of the global operations.
 

KEY DUTIES & RESPONSIBILITIES  

 People Leadership

Demonstrates strong, competent leadership for team members to guide them in reaching their full potential and meeting their objectives, which supports achievement of our corporate goals. Specifically, these responsibilities include but not limited to:

• Full involvement with recruiting talent
• Provides mentoring, coaching and guidance to all team members
• Objectively recommends compensation adjustments
• Manages all aspects of performance

Risk Management 

• Serves as Risk Advisor to senior leadership and the organization
• Provides risk advisory to Legal and Business Development in reviewing of RFPs / contracts on indemnity and insurance language
• Provides risk advisory to the business on Third-party risk management

Insurance

• Manages and sustains the global insurance program, including but not limited to regional insurance underwriting information and application; 
• Maintains business relationships with insurance brokers, insurers and claim adjusters in each region
• Builds and maintains business relationships with all parts of the organization
• Provides advisory to the global business on new business and coverage placements
• Works with regional finance departments to ensure premium financials are communicated and invoice payments are remitted
• Prepares insurance reporting. 
• Prepares insurance market research and analytics
• Oversees placement of project specific wrap up insurance 
• Facilitates insurance certificate preparation and distribution
• Conducts insurance risk assessment

Claims Management            

• Oversees the global Claims Management and Loss Prevention Programs for the organization
• Reviews first and third-party claims for irregularities, accuracy and completeness.
• Ensures claim financial and provisions are reported to Finance
• Ensures Claim Trust Funds are accurate and invoice payments are remitted
• Maintains updated records and prepares required reports.
• Understands and performs domestic and/or international claim programs, policies, and procedures for: reporting, investigation, and analysis; litigation management; resolution/outcome management; and the delivery of claim information.

Incident Management          

• Supports the continued development of the BGIS' incident management program including the development and implementation of control enhancements for significant risk events. 
• Monitors and communicates out on key risk incidents to increase awareness across the organization.

Communication/ training    

• Develops and delivers the insurance training modules to internal stakeholders.
• Develops and delivers communication on the insurance renewal changes.
• Develops communication sessions on regulatory changes.

KNOWLEDGE & SKILLS 

• University degree in business (bachelors or masters) and more than 10 years of relevant working experience
• Sound working knowledge of insurance policies and underwriting process. 
• Sound working knowledge of insurance claims management. 
• Strong project management and co-ordination (ability to plan and co-ordinate multiple activities). 
• Strong critical thinking skills for risk assessment and analysis of risk trends. 
• Sound judgment and problem solving (to support identification of pragmatic solutions to address risk trends).  
• Ability to work effectively in a multi-stakeholder environment. 

Licenses and/or Professional Accreditation

• Risk management designation (CRM, CRMA)
• Insurance designation (CIP, AIC, AU)

This is a regular, full-time position with a salary range of $84,493 - $105,616 per annum. The starting salary will be based on the successful candidate's competencies, including but not limited to experience, education, professional designations and performance related to this role. 
 

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