BASIC PURPOSE:
Responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the company’s risk. Evaluate emerging risks and trends that may impact the company’s risk appetite and present mitigation strategies. Prioritize risks within the company’s framework and ensure that risks are managed to minimize negative financial and operational impact. Manage tools, practices, and policies to analyze and report enterprise risks; evaluate new methodologies for continuous improvement. Responsible for creating an organizational awareness of risk management through training and education. Develop, maintain, and administer the Business Continuity Program. Negotiate and implement reinsurance and insurance contracts. Supervisor responsibilities to include staffing, training and development, performance management, and work force planning.
PRIMARY JOB RESPONSIBILITIES:
- Supervisor/Manager responsibilities may include all of the following:
- Staffing needs, to include interviewing and onboarding for new employees.
- Training and development, as well as coaching and motivation, for staff.
- Performance management, goal setting, employee engagement, and salary administration.
- Workforce management to include: unit equipment, software, and space needs; approving time off and overtime usage; and budget recommendations.
- Lead the design, development, and implementation of CM Group’s ERM framework. Responsible for the leadership, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the company’s risks.
- Facilitate the determination of the company’s risk appetite, tolerances, and limits. Identify and report key regulatory changes, external factors, emerging risks, and trends that might impact the company’s risk profile and present mitigation strategies for management’s review.
- Develop, analyze, quantify, and prioritize risks within the company’s risk universe and develop Key Risk Indicators (KRIs) to actively monitor. Ensure that all risks are recognized and managed in a manner that their negative financial and operational impact is minimized, allowing the company to efficiently and cost effectively minimize the impact of losses.
- Ensure the ERM framework is appropriate to the nature, scale, and complexity of the business. Work with cross‑functional business leaders to regularly identify key risks across all types and categories. Assess risks based on likelihood, impact, and level of mitigation.
- Lead the Business Continuity Program. Complete risk analysis, business impact analysis, assessment, and evaluation for all CM Group internal departments and critical outsourced partners. Identify comprehensive strategic solutions to satisfy the various business, regulatory, and technology requirements.
- Manage the development and delivery of training that facilitates corporate ERM and Business Continuity awareness.
- Manage the development and implementation of tools, practices, and policies to analyze and report enterprise risks.
- Negotiate and implement reinsurance and insurance contracts.
- Lead the development and application of appropriate models and tools. Monitor their effectiveness. Actuarial components will follow generally accepted actuarial standards of practice. Responsible for the accuracy and suitability of the data. Resolve unreasonable results or nonoptimal solutions using experience and professional judgment. Communicate results using the appropriate level of technical terms for the given audience.
- Leverage internal and external relationships of the ERM Department to deliver projects on time. Exerts influence appropriately on outside teams to meet project deliverables while creating positive impact within the organization.
- Professionally represent the company’s position with regulators, auditors, and external vendors.
QUALIFICATIONS:
- Bachelor’s degree in business or a related field is required.
- FCAS designation is strongly preferred. May consider ACAS designation.
- 12-15 years’ risk management experience developing and implementing enterprise risk management programs, including writing policies and procedures, producing executive materials, and driving operations for risk committees/meeting and instituting industry best practice risk management principles and practices.
- Demonstrated management experience.
- Proficient in current ERM tools and processes and is able to add to and/or build complex models/tools. Monitors the effectiveness of the models/tools.
- Excellent oral communication and writing skills to produce clear and concise materials.
- High‑level critical thinking skills, including strategic thinking, effective analysis of data, and the ability to aggregate information.
- Strong project management discipline and demonstrated success overseeing multiple projects to completion.
- Proven ability to foster productive relationships with diverse staff, including senior leadership.
- Strong ability to influence and lead a successful team.
- Detail oriented, with hand‑on approach.
- Ability to travel as necessary.
WORK ENVIRONMENT:
Professional office environment.
NOTE: This job description in no way states or implies that these are the only duties performed by this employee. Employees may be requested to perform job‑related tasks other than those specifically presented in this job description. The employer reserves the right to change or assign other duties to this position.
The CM Group is made up of Church Mutual Insurance Company, S.I., CM Regent Insurance Company, CM Vantage Specialty Insurance Company and CM Select Insurance Company.
Compensation: 135,400 to 203,100