Principal Risk Specialist

Next Insurance, Inc.; Phoenix (AZ); Remote; USD 120,000 - 190,000; Full time

Job summary

Hartford Steam Boiler, a Munich Re subsidiary, seeks a Principal Specialist to evaluate high risk occupancies and advise underwriting with detailed risk analyses. You will apply engineering expertise to assess design, condition, operations, and maintenance, and lead risk control initiatives.

You will oversee development and maintenance of guidelines, provide training to the High Risk Group, and collaborate with underwriters to improve risk selection and profitability.

Qualifications

• Bachelor’s degree in engineering or related discipline is preferred.
• 15+ years of experience in operations, maintenance, inspection, insurance engineering, and/or repairs of process equipment in high risk occupancies.
• 5+ years experience leading/managing personnel and/or major equipment projects preferred.

Responsibilities

• Deliver account evaluations for high risk occupancies to support underwriting.
• Provide risk control engineering services and loss control initiatives.
• Develop, implement, and maintain engineering guidelines across multiple occupancies.
• Train and lead other members of the High Risk Group and underwriting team.

Skills

Machinery knowledge

Interpersonal skills

Written communication

Verbal communication

Self-starter

Underwriting terms understanding

Training/presentation skills

Education

Bachelor's degree in engineering

15+ years operations/maintenance/insurance engineering

5+ years leading projects/personnel

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.