Selective Insurance · 9 hours ago
Vice President, Risk Management & Premium Audit
Charlotte, NC
Full-time
Onsite
Senior Level, Lead/Staff
$188K/yr - $258K/yr
10+ years expSelective Insurance is a midsized U.S. domestic property and casualty insurance company with a strong financial performance history. They are seeking a Vice President of Risk Management & Premium Audit to lead strategy development and execution of Risk Management and Premium Audit programs for commercial insurance clients.
FinanceFinancial ServicesInsurance
Responsibilities
Develop enterprise-wide strategies for the Risk Management, Premium Audit and Telematics departments, setting performance standards, driving continuous improvement, and ensuring adherence to company policies through rigorous audits and quality assurance programs
Drive safety, loss prevention, premium audit and telematics transformation initiatives by leveraging advanced analytics, predictive modeling, and emerging technologies (including Artificial Intelligence) to drive measurable reductions in loss ratios and operational inefficiencies. Manage vendor relationships within each function with external partners that provide offerings including automation systems and value added services
Own departmental budget, including budget development, resource optimization, and workforce and vendor planning; deploy staffing models that maximize productivity and align with strategic priorities
Design and implement tailored service strategies that proactively reduce loss exposure, improve account profitability, and reinforce long-term customer relationships
Oversee field operations for Risk Management and Premium Audit, including work from internal employees and from field vendor partnerships. Integrate operations seamlessly across regions, ensuring accuracy, compliance, and consistency across lines of business; implement controls to safeguard financial integrity
Risk Management - develop Risk Management strategies that align with corporate objectives, regulatory mandates, long-term profitability goals and regional needs; establish governance frameworks to monitor and mitigate emerging risks
Risk Management – establish strategy and standards around the function serving the role as a trusted advisor to clients and internal stakeholders, delivering consultative expertise on risk characteristics, safety program design, and audit requirements to strengthen retention and enhance client value. Collaborate with underwriting leadership to define risk selection guidelines, influence portfolio quality, and support strategic decisions for new and renewal accounts
Risk Management - govern and continuously update the Risk Management Operations Manual, technical guides, and digital resource platforms, ensuring scalability, compliance, and best-in-class practices.Risk Management - govern and continuously update the Risk Management Operations Manual, technical guides, and digital resource platforms, ensuring scalability, compliance, and best-in-class practices
Telematics – lead the telematics (Compass) team to oversee the partnership with agencies and insureds to provide value added services to insureds that have a direct impact on account loss ratio and profitability. Partner with Marketing / Customer Experience, Strategic Business Units, Lines of Business, and Product to target accounts for the Compass offering and to revise and update the product as needed
Qualification
Required
Expert-level knowledge of global industry Risk Management / Loss Control standards and compliance frameworks, including NFPA, OSHA, DOT, and premium audit standards, ensuring adherence to best practices and regulatory requirements
Extensive experience in Risk Management / Loss Control, encompassing strategic account management and hands-on execution of on-site surveys and comprehensive risk assessments. Familiarity with a broad spectrum of business segments and commercial lines of business highly preferred
Excellent analytical, communication, negotiation, and client relationship skills
Proficiency in Microsoft Office and familiarity with risk management and audit technology platforms
Dedicated to continuous learning and innovation, actively applying emerging concepts and technologies to strengthen organizational resilience and competitive advantage
Bachelor's degree in Risk Management, Safety Engineering, Accounting or related field; advanced degree preferred
10+ years of experience in loss prevention engineering, safety management, premium audit, or commercial Risk Management / Loss Control
7+ years of leadership experience managing multi-regional teams and strategic programs
Preferred
Preferred Certifications: CSP, ARM, or equivalent
Benefits
Comprehensive health care plans
Retirement savings plan with company match
Discounted Employee Stock Purchase Program
Tuition assistance and reimbursement programs
20 days of paid time off
Company
Selective Insurance
At Selective, we maintain a commitment to provide unique insurance solutions that help keep the families and businesses of our communities protected.
1001-5000 employees
H1B Sponsorship
Selective Insurance has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (45)
2024 (32)
2023 (43)
2022 (30)
2021 (29)
2020 (25)
Funding
Current Stage
Public CompanyTotal Funding
$400M2025-02-25Post Ipo Debt· $400M
1978-01-13IPO
Leadership Team
John Marchioni
President and CEO
Patrick S. Brennan
Chief Financial Officer
Recent News
Business Wire
2026-02-03
2025-12-09
Company data provided by crunchbase