Location: New York,NY, USA
Risk Management / Broker / VP
Property & Casualty Insurance Industry
NYC
Leading risk management and insurance advisory firm seeking Assistant Vice President that would be supporting the professionals and directly working relationships with all professionals in the firm. Manage the launch of new diligence campaigns by coordinating the collection of risk management data from data sites and assessing the integrity of existing risk finance programs. Work closely with other members of clients finance, legal and human resource working parties to be certain that all data is received and to work with the target or their investment advisor on missing elements or other clarification as needed. Analyze historical insurance policies for coverage deficiencies, adequacy of limits, insurer solvency; provide general comments on specific elements potentially impacting transaction value or post- close cost of risk and create budgetary guidelines to client as to total cost of risk including any collateral requirements. Review historical expenses and loss accruals with other members of the finance and accounting team to identify any earnings issues. Analyze critical flaws potentially impacting the transaction and work closely with client legal team on coverage or contractual risk management issues that need to be contemplated in the purchase agreement. Once a brokerage partner is appointed to assist with the diligence campaign, post-close budget or any transactional risk finance products (D&O run-off, Reps & Warranties, Environmental, Tax Indemnities), the candidate will be ensure that brokers have access to all diligence data and are able to provide confirmation on final post-close budget.
NY P&C License a must. Must be able to use MS Office. No specific agency management system. BS or BA from an accredited university/college; degree in Business, Risk Management/Insurance, Finance, Economics or Accounting preferred; GPA of 3.0 or higher. A minimum of 5 years in a corporate risk management or retail brokerage environment working within a multi-line, global platform. Detail oriented, strong analytical and critical thinking.
Visit www.cwinchellagency.com for more information