Allied World · 14 hours ago
VP, Global Risk Management and Loss Control
Chicago, IL
Full-time
Onsite
Senior LevelAllied World is seeking a Vice President to provide strategic leadership for the Primary Casualty and Defense Base Act divisions. This role involves developing innovative risk engineering propositions and driving profitable growth through proactive loss mitigation initiatives while leveraging data analytics and technology.
FinanceFinancial ServicesInsurance
Responsibilities
Function as a subject matter expert in the Defense Base Act division with interactions to our internal and external clients
Collaborate with the brokers and insureds to develop and execute comprehensive loss control service plans, safety tools, and programs to support company efforts and insureds
Participate in external communications and marketing activities (excluding negotiation, preparation, pricing or underwriting of specific policies)
Represent Allied World at industry forums, conferences and panels, including active participation on the board of directors’ seat on the National Floor Safety Institute (NFSI) and the ANSI steering committees
Support the analysis and profile of potential exposure by assisting and monitoring employee concentration at job sites and for conveyance within DBA book of business
Create customer files, loss control recommendations and introductory materials to be stored in Efiles
Identify loss control vendors and firms; oversee vendor relationships
Provide monthly loss control status report to DBA SVP and your direct report outlining the services rendered and that are going to be rendered to insureds as well as quantify those services rendered
Actively participate in the monthly DBA/FGL team meeting providing updates on your service plans, ongoing service, expected travels and any identified trends noted in industry
Complete desktop analysis in a timely manner for DBA/FGL requests from the underwriting team members
Maintain continuing professional development and attend appropriate technical courses
Lead the development and implementation of risk assessment tools, reports, and resources that will promote a competitive advantage over our competitors
Continually conduct research and analysis on emerging risk management issues, liability trends, best practices, and relevant judicial decisions, laws, and regulations
Lead a quarterly claims and loss control meeting that reviews trends in both claims and loss control, new initiative plans and record minutes to be distributed to DBA SVPs
Lead the 45-60 day renewal review meetings (Claims, Loss Control and Underwriting) for all insureds with premium >$250,000 while recording minutes of the meeting and distribute to DBA SVPs
Manage policyholder contact databases, oversee vendor relationships, and lead external communications and marketing activities (excluding policy negotiation or underwriting)
Qualification
Required
Strategic leadership experience in risk management and loss control
Expert-level consultation and services in risk identification, selection, and reduction
Experience in developing comprehensive loss control service plans and safety tools
Ability to collaborate with brokers and insureds
Experience in external communications and marketing activities
Participation in industry forums, conferences, and panels
Ability to analyze potential exposure and monitor employee concentration at job sites
Experience in creating customer files and loss control recommendations
Ability to identify and oversee vendor relationships
Experience in providing monthly loss control status reports
Participation in team meetings and providing updates on service plans
Ability to complete desktop analysis for underwriting requests
Commitment to continuing professional development and attending technical courses
Experience in developing and implementing risk assessment tools and reports
Research and analysis skills on emerging risk management issues and trends
Experience in leading claims and loss control meetings
Ability to manage policyholder contact databases
Company
Allied World
About Allied World Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions.
Founded in 2001
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown2017-07-07Acquired
2006-07-12IPO
Leadership Team
Denise Choy
VP, Asia Pacific Professional Lines Division at Allied World
Erin Ringbloom
Vice President
Recent News
2025-06-26
2024-02-18
Company data provided by crunchbase