Risk Specialist

Munich Reinsurance America, Inc; Chicago (IL); Remote; USD 120,000 - 170,000; Full time

Job summary

The Hartford Steam Boiler, a Munich Re subsidiary, seeks a Senior Specialist to support underwriters by delivering detailed risk evaluations of high risk occupancies. You will interpret design, condition, operations, maintenance, and human factors to advise on risk improvements through account engineering and loss control.

Regular site visits and a consultative approach with insureds will be used to implement recommendations and reduce underwriting exposures.

Qualifications

• Bachelor's degree in engineering can count for 5 years of experience.
• 10+ years experience in high value/risk occupancy industries, boiler inspection, or insurance engineering.

Responsibilities

• Deliver detailed risk evaluations and improve/manage risk through account engineering and loss control.
• Regular site visits to evaluate risk and oversee loss control activities.
• Work with underwriters to reduce underwriting exposures for high risk accounts.

Skills

High risk occupancies

Interpersonal skills

Written and verbal communication

Self-starter

Underwriting knowledge

Interviewing and training

Education

Bachelor's degree in engineering or related discipline

Job description

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 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 Specialist will determine how to improve/manage the risk through account engineering, loss control initiatives and consultative risk control engineering services.

Regularly performs site visits to evaluate risk. Plans and oversees loss control activities to reduce underwriting exposures for assigned high risk accounts. Uses a consultative approach with the insured to implement recommendations and reduce risk.

Education and Experience

• Bachelor's degree in engineering or related discipline can be counted for 5 years of experience
• 10+ years experience in high value/risk occupancy industries, boiler inspection, or insurance engineering. High value/risk occupancies include: power generation, primary metals, mining, pulp & paper, sugar, or glass

Knowledge and Skills

• Comprehensive understanding of at least one 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 term
• Strong interviewing, 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.