Assistant Vice President, Risk Manager, Global Markets Risk Management

ZipRecruiter; London; On-site; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a skilled Risk Engineer to join their dynamic team. This role involves conducting in-depth risk assessments, both on-site and through desktop reviews, to enhance client risk profiles and support underwriting efforts. You will collaborate with a global team, advising on technical matters and promoting innovative risk solutions. If you are passionate about engineering and risk management, and thrive in a collaborative environment, this opportunity offers a chance to make a significant impact in the insurance sector.

Qualifications

• Experience in engineering and/or the construction industry.
• Solid understanding of construction/property engineering risk.

Responsibilities

• Conduct detailed risk surveys and assessments for clients.
• Develop recommendations to improve client risk profiles.
• Collaborate with underwriters and clients to enhance risk management.

Skills

Analytical Skills

Communication Skills

Relationship Management

Decision-Making Skills

Customer Orientation

Education

Formal Engineering Qualification

Job description

At Allied World, we have over 1,400 talented and loyal employees working in 20 offices globally, servicing clients worldwide. We focus on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented, committed people to join our team.

Job Summary:

Reporting directly to the Global Head of Risk Management, you will work with a global team of highly skilled in-house Risk Engineers. Your role involves conducting detailed risk surveys in the field and via desktop reviews. Responsibilities include making risk quality assessments, calculating Loss Estimations (in line with guidelines), recommending risk improvements, advising underwriters on technical matters, and more.

Your time will be divided between performing on-site surveys and desktop reviews, assessing risks based on available information, documenting findings, making recommendations to underwriting colleagues, and advising customers directly.

Job Duties:

1. Perform Surveys and Desktop Reviews for designated risks:

• Complete survey programs by conducting on-site surveys.
• Develop recommendations to improve client risk profiles and reduce loss frequency/severity.
• Consult with clients to facilitate risk improvements.
• Provide quality, timely, and accurate reports.
• Conduct desktop reviews to assess risk management standards for prospects and other cases.
• Perform desktop risk profiling tasks as required.

Support the underwriting framework:

• Partner with underwriters to develop and maintain risk selection filters.
• Enhance understanding of inherent risks.
• Conduct training workshops for the underwriting team.

Support business development opportunities:

• Promote Allied World’s risk engineering capabilities.
• Engage risk engineering services in proposition development.

Communication & Relationships:

• Represent AW to clients and brokers during surveys and meetings.
• Develop relationships with external and internal stakeholders.
• Improve customer and broker perceptions through service enhancements.
• Collaborate with internal stakeholders to achieve business results.

Requirements:

• Formal engineering qualification (Chemical, Civil, Mechanical, or similar).
• Experience in engineering and/or the construction industry.
• Experience with large and complex projects.
• Solid understanding of construction/property engineering risk, insurance, and claims.
• Excellent communication, analytical, relationship management, and decision-making skills.
• Resilient to change, collaborative, and committed team player.
• Continuous pursuit of innovation and improvement.
• Customer-oriented, valuing the human aspect of insurance.
• Proven track record in large and complex risk assessments.
• Experience in insurance risk engineering is advantageous.
• Additional skills are a plus.