Principal Risk Specialist

Munich Reinsurance America, Inc; Chicago (IL); Remote; USD 180,000 - 240,000; Full time

Job summary

The Hartford Steam Boiler, a subsidiary of Munich Re, seeks an experienced Principal Specialist to deliver detailed risk evaluations and risk control services for high-risk occupancies. You will work with underwriters and engineers to interpret design, condition, and operations, and to guide loss control initiatives.

15+ years in related fields and 5+ years leading projects are preferred. Remote work options may be available within the USA.

Qualifications

• Bachelor's degree in engineering or related discipline preferred.
• 15+ years in operations, maintenance, inspection, or insurance engineering for high risk occupancies.
• 5+ years leading personnel or major equipment projects preferred.

Responsibilities

• Support underwriting by delivering timely, targeted risk evaluations for high risk occupancies.
• Apply engineering expertise to improve/manage risk through account engineering and loss control initiatives.
• Develop, implement, and maintain engineering guidelines; train other risk control staff.

Skills

Interpersonal skills

Written & verbal communication

Presentation & training

Self-starter (independent)

Education

Bachelor's degree in engineering or related discipline

Job description

All locations Boise, United States; Chicago, United States; Denver, United States; Philadelphia, United States; Phoenix, United States;

Location: Remote, USA

Job Description

Responsible for working with both HSB and Munich Re Underwriters to support profitable underwriting, by delivering timely and targeted account evaluations in high risk occupancies. The Principal Specialist will apply advanced technical knowledge and experience to provide detailed risk evaluations of an account by interpreting factors such as design, condition, operations, maintenance, and human elements. The Principal Specialist will determine how to improve/manage the risk through account engineering, loss control initiatives and consultative risk control engineering services.

Oversees the development, implementation, and maintenance of engineering guidelines on multiple high risk occupanices. Provides training and leadership to other members of the High Risk Group, loss control engineering, and underwriting.

Education and Experience

• Bachelor's degree in engineering or related discipline is preferred, and can be counted for 5 years of experience
• 15+ years of experience in operations, maintenance, inspection, insurance engineering, and/or repairs of process equipment associated with high value/risk occupancies such as power generation, primary metals, mining, pulp & paper, sugar, or glass
• 5+ years experience leading/managing personnel and/or major equipment repair/installation projects as part of the experience noted above is preferred

Knowledge and Skills

• Comprehensive understanding of the machinery, operations, repair timelines, and process flow for multiple high risk occupancies
• Excellent interpersonal skills
• Excellent written and verbal communication
• Self-starter; able to work with limited supervision and manage competing priorities.
• Understanding of insurance industry and underwriting terms
• Strong presentation and training skills

At The Hartford Steam Boiler, a subsidiary of Munich Re, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice.