Insurance Risk Manager - Corporate Insurance - Director

About the role

We're seeking someone to join our team as an Insurance Risk Manager reporting to an Executive Director in the management of various policy lines focusing on professional liability, directors' & officers' liability, surety/ERISA bonds and commodities-related policies (property & liability).

Responsibilities

• Manage and lead the renewal of various insurance policies including but not limited to Business Unit specific professional liability programs (D&O/E&O), ERISA program, and International Fund programs
• Coordinate and manage the preparation of renewal applications for various business units in the firm; assist in the gathering of exposure data for various insurance policies, review submissions for consistency with previous years' applications, review inconsistencies with managers, then submit applications to insurance underwriters
• Create and present PowerPoint presentations to Business Units, Fund Board and Senior Management where required
• Maintain claims database and assist in claims administration and settlement of claims associated with the group's responsible insurance policies
• Manage and maintain the group's insurance policy renewal calendar and set up strategy meetings where necessary
• Assist in due diligence process (mergers & acquisitions)
• Carry out and review/audit of responsible insurance policies to ensure files are fully documented with insurance binders, program schematics, summaries and policies and are accurately reflected as per the renewal
• Responsible for all aspects of policy documentation
• Maintain and assist insurance allocation procedure and processes
• Review various contracts and agreements for adherence to required insurance policies and issuance of Certificate of Insurance to clients and vendors as required
• Input and maintain information in a Risk Management Information System (RMIS), a database and analytical software that captures policy and premium information and tracks claims data information including pending, open, and closed claims

Requirements

At least 4 years of Risk and Insurance Management (RIM) and/or insurance industry experience
4-year college degree (business preferred e.g. business accounting, finance, risk management, etc.)
Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (PowerPoint, excel spreadsheets, etc.)
Associate of Risk Management (ARM) or willingness to obtain
Strong oral and written communication
Proactive, look to change or improve processes

Qualifications

At least 4 years of Risk and Insurance Management (RIM) and/or insurance industry experience
4-year college degree (business preferred e.g. business accounting, finance, risk management, etc.)
Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (PowerPoint, excel spreadsheets, etc.)
Associate of Risk Management (ARM) or willingness to obtain

Skills

Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (PowerPoint, excel spreadsheets, etc.)
Strong oral and written communication
Proactive, look to change or improve processes

Benefits

Morgan Stanley is an equal opportunity employer committed to building and maintaining a workforce that is diverse in experience and background.

Pay

Details on pay are not specified in this posting.

Schedule

Details on schedule are not specified in this posting.