Senior Risk Management Consultant - Professions

Travelers; Greater London; On-site; GBP 60,000 - 85,000; Full time

Benefits offered by this job

Private Medical Insurance

Pension Plan

Holiday Entitlement

Job summary

Travelers London seeks a Senior Risk Management Consultant to join our Professions team, analyzing claims data and advising clients on how to manage and mitigate exposures while collaborating with underwriters on risk and regulatory issues.

You'll present to insured firms, host client risk seminars, and engage with professional bodies. The hybrid policy enables three days in the office and two at home with potential client visits as needed.

Qualifications

• General knowledge of risk management process.
• Working knowledge of insurance/underwriting.
• Familiarity with regulatory rules and company policies.
• Ability to build productive relationships with clients and underwriters.
• Strong analytical thinking and financial acumen.

Responsibilities

• Supports and develops the Travelers value added risk management proposition across the Professions portfolio.
• Advises customers on risk management issues by responding to requests for information.
• Coordinates visit requests from underwriters and proactively contacts insureds paying > £10,000 premium to promote risk management.
• Visits customers and prepares reports on risk exposure and claims history, advising on future risk perception.
• Researches and prepares materials for internal/external publications and seminars.
• Prepares and presents seminars for clients and professional bodies.
• Develops risk management factsheets and best practice guides.
• Assists underwriters with advice on legal or professional practice issues.
• Performs other duties as assigned.

Skills

Risk management

Client communication

Analytical thinking

Regulatory knowledge

Relationship management

Education

University degree and/or CII Certification

Job description

Who Are We?

Taking care of our customers, our communities and each other. That's the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property casualty insurers in the industry for over 170 years. Join us to discover a culture that is rooted in innovation and thrives on collaboration. Imagine loving what you do and where you do it.

Job Category

Risk Control

Target Openings

1

What Is the Opportunity?

We're looking for an enthusiastic and commercially minded Senior Risk Management Consultant to join our Professions team in London, working across a portfolio that spans solicitors, accountants, surveyors and engineers. In this interesting and varied role, you'll analyse claims data to identify trends and recurring errors, advise clients on how to manage and mitigate their exposures, and work closely with underwriters to provide insight on risk and regulatory issues.

You'll be a confident communicator who thrives in front of an audience - whether that's presenting to insured firms on how to reduce their risk, organising and hosting client risk seminars, or engaging with professional bodies and third-party organisations. If you're passionate about helping professional services firms understand and manage their risks more effectively, and come from a legal, underwriting, claims or risk management background we'd love to hear from you.

Travelers Europe currently offers flexibility to employees who wish to work on a hybrid basis in accordance with our Hybrid Work Arrangements Policy. This entails full time employees working three days a week in the office and two days at home (or pro rata for part-time employees). This policy may be changed at the Company's discretion.

What Will You Do?

• Supports and develops the Travelers value added risk management proposition across the Professions portfolio.
• Advises customers on risk management issues, by responding to requests for information and advice.
• Coordinates visit requests from underwriters and proactively contacts in conjunction with fellow risk managers direct insureds (and non-direct cases via their broker) paying more than £10,000 premium to ensure they have been made aware of our risk management offering.
• Visits customers- firms, either at their request or at the request of the underwriters, and prepares a report dealing with current risk exposure, claims history (if appropriate) and ways in which they could reduce risk. This includes advising the underwriters as to the perception of future risk that the firm may present.
• Researches and prepares written materials, including Gazette columns, items for the solicitor's bulletin, and any other articles that may be requested, either in house or for external publications.
• Researches, prepares and presents seminars, in‑house to customers at their request, or for external bodies such as local Law Societies, or other organisations (e.g. CLT) as requested.
• Researches, develops and prepares relevant materials (such as the Risk Management factsheets, best practice guides).
• Assists the underwriters as requested with advice on legal or professional practice issues.
• Perform other duties as assigned.

What Will Our Ideal Candidate Have?

• University degree and/or Chartered Insurance Institute (CII) Certification.
• Working knowledge of insurance/underwriting.
• Working knowledge of organizational and regulatory rules, policies and procedures and effectively employs that knowledge in day to day work activities.
• Intermediate Relationship Management: Seeks out, builds, fosters and maintains productive relationships or alliances to meet goals and achieve objectives.
• Basic Business Perspective: Uses knowledge of internal and external factors that impact the Lloyd's Market to make decisions.
• Intermediate Analytical Thinking/Financial Acumen: Identifies current or future problems or opportunities, analyzes, synthesizes and compares information to understand issues, identifies cause/effect relationships, and explores alternatives to support sound decision making.
• Intermediate Product/Technical: Demonstrates technical proficiency and application of knowledge commensurate to his/her experience.
• Makes sound risk recommendations that are in the Company's best interests.
• Intermediate Regulatory and Compliance: Understands, adheres to, applies and enforces Corporate policies, procedures and standards, and complies with Travelers' regulatory obligations.

What is a Must Have?

• General knowledge of risk management process.

What Is in It for You?

• Private Medical Insuran ce: On commencement of employment, you are eligible for single cover provided by Travelers, with the option to add cover for your dependents, at your expense through payroll deduction.
• Retirement: Travelers will make a core contribution of a percentage of salary to your Pension Plan. Additionally, if you decide to contribute to the plan, you will receive an increased company contribution.
• Holiday Entitlement: Start your care