Entry Level Insurance Risk Consultant

3M HEALTHCARE; Orlando (FL); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Health insurance

401(k) with company match

PTO + holidays

Job summary

Foundation Risk Partners is seeking a Risk Management Consultant to join its Insurance Consulting & Risk Advisory team in a client‑facing capacity. You will lead complex assignments, synthesize technical risk data into strategic insight, and advise senior stakeholders on enterprise and transactional risk issues.

The role focuses on identifying exposures, managing renewals, collaborating with brokers and legal teams, reviewing contracts, negotiating pricing, analyzing loss data, and guiding

Qualifications

• Bachelor's degree in Risk Management, Insurance, or related field.
• Strong analytical and problem‑solving skills.
• Internship or coursework related to insurance, risk management, or consulting.
• Professional certifications preferred: ARM, CPCU, CRM, FRM, RF.

Responsibilities

• Identify, evaluate, and analyze operational, contractual, and third‑party risk exposures arising from client business activities, vendors, service providers, and customers.
• Strategically manage enterprise‑wide insurance and risk program renewals, including broker oversight, coverage optimization, cost reduction initiatives, and market negotiations.
• Collaborate with and direct external advisors including brokers, underwriters, claims professionals, TPAs, legal counsel, and specialty consultants.
• Review contracts, leases, vendor agreements, and licensing arrangements to ensure compliance with established insurance and risk management requirements.
• Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording, and service agreements; prepare cost‑benefit analyses of program alternatives.
• Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk, and safety teams.
• Partner with legal, HR, audit, and claims teams to establish settlement strategies and support complex claims decision‑making.
• Research emerging and best‑in‑class risk management trends, providing strategic recommendations related to insurance purchasing, program design, loss control, safety, and claims management.

Skills

Analytical thinking

Problem solving

Client facing

Education

Bachelor's degree in Risk Management, Insurance, or related field

Job description

Foundation Risk Partners, one of the fastest growing insurance brokerage and consulting firms in the US, is adding to their team a Risk Management Consultant to their Insurance Consulting & Risk Advisory team. This role requires a high‑impact, client‑facing professional capable of leading complex assignments, synthesizing technical detail into strategic insight, and advising senior stakeholders on enterprise and transactional risk issues.

Key Responsibilities

• Identify, evaluate, and analyze operational, contractual, and third‑party risk exposures arising from client business activities, vendors, service providers, and customers.
• Strategically manage enterprise‑wide insurance and risk program renewals, including broker oversight, coverage optimization, cost reduction initiatives, and market negotiations.
• Collaborate with and direct external advisors including brokers, underwriters, claims professionals, TPAs, legal counsel, and specialty consultants.
• Review contracts, leases, vendor agreements, and licensing arrangements to ensure compliance with established insurance and risk management requirements.
• Evaluate and negotiate insurance pricing, program structures, deductibles, limits, policy wording, and service agreements; prepare cost‑benefit analyses of program alternatives.
• Analyze loss data and prepare monthly reserve accruals and reporting for finance, risk, and safety teams.
• Partner with legal, HR, audit, and claims teams to establish settlement strategies and support complex claims decision‑making.
• Research emerging and best‑in‑class risk management trends, providing strategic recommendations related to insurance purchasing, program design, loss control, safety, and claims management.

Qualifications & Experience

• Bachelor's degree in Risk Management, Insurance, or related field
• Strong analytical and problem‑solving skills
• Internship or coursework related to insurance, risk management, or consulting
• Professional certifications preferred: ARM, CPCU, CRM, FRM, RF.

Benefits

FRP offers a comprehensive range of health‑related benefit options including medical, vision, and dental. We offer a 401(k) with company match, company paid life insurance, STD, LTD and a generous PTO policy starting at 18 days per year plus 10 paid holidays & 2 floating holidays!

Equal Employment Opportunity (EEO)

FRP provides equal employment opportunity to qualified persons regardless of race, color, sex, religion, national origin, age, sexual orientation, gender identity, disability, veteran status, or any other classifications protected by law.