Risk Modeling Manager jobs in Somerset, NJ

Risk Modeling Manager oversees the strategic business analysis modeling activities involved in an organization's credit risk management function. Develops and evaluates systems associated with controlling credit risk. Being a Risk Modeling Manager determines strategies and policies that maximize profits and asset growth, and minimize credit and operating losses and other risk exposure. Requires a bachelor's degree. Additionally, Risk Modeling Manager typically reports to top management. The Risk Modeling Manager manages a departmental sub-function within a broader departmental function. Creates functional strategies and specific objectives for the sub-function and develops budgets/policies/procedures to support the functional infrastructure. To be a Risk Modeling Manager typically requires 5+ years of managerial experience. Deep knowledge of the managed sub-function and solid knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Manager, Risk & Insurance Americas
  • United States Careers
  • Bridgewater, NJ FULL_TIME
  •  

    Principal Responsibilities 

    • Manage Americas annual insurance program renewals by working internally with cross-functional teams and with insurance broker
    • Perform underwriting data validation to verify accuracy and completeness of data and data sources  
    • Employ analytics in the benchmarking of retentions, deductibles, and limits of liability 
    • Proactively manage risk exposures and help mitigate loss frequency and severity 
    • Advise business on insurance-related matters based on data analysis
    • Provide/maintain annual insurance budget
    • Develop and maintain relationships with insurance brokerand periodically monitor performance
    • Collaborate and work effectively with internal teams and with global group insurance
    • Develop/provide periodical reporting and metrics and assist with risk valuation
    • Perform ad-hoc projects as necessary and draft/implement policies and procedures 
    • Help department in implementing risk management/RMIS tool and utilize the tool effectively

     

    Qualifications

    • BA/BS degree, preferably in Insurance & Risk Management, Finance, or other quantitative field 
    • Insurance or Risk management certification (CPCU or IRM) a plus 
    • 7 to 10 years of progressive experience in insurance
    • Demonstrated knowledge of casualty, property, workers’ compensation, auto, cargo, rolling stock, D&O, EPL and other insurance coverages 
    • Knowledge of captive insurance programs a plus
    • Analytical, with ability to use data to drive desired results and support intelligent risk taking 
    • Strong business acumen as well as understanding of risk assessment methodologies 
    • Hands-on, results driven with strong project management skills 
    • Ability to challenge status quo, drive change where appropriate, and adjust to changing priorities 
    • Detail-oriented with excellent planning, organizational, and communication skills 
    • Goal-oriented, demonstrates the ability to manage workload when conflicting priorities exist 
    • Proficient in Microsoft Office (Word, Excel, PowerPoint) and knowledge of ERP and RMIS systems
    • Bilingual skills in Portuguese and/or Spanish a plus

     

    Join us and you will be part of a company that values and supports your career. We offer competitive pay and benefits, with set schedules, steady work and opportunities for ongoing training and career progression.  

    Together we value innovation, efficiency and flexibility. Putting safety first, working with integrity and respect, we encourage everyone to find solutions for success. That means for our customers and for our colleagues. This makes us a great place to build a career where your skills are valued and developed.

    Apply today at Messer Careers

  • 2 Days Ago

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Manager, Risk & Insurance Americas
  • Messer Americas
  • Bridgewater, NJ FULL_TIME
  • Description Principal Responsibilities Manage Americas annual insurance program renewals by working internally with cross-functional teams and with insurance broker Perform underwriting data validatio...
  • 11 Days Ago

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Data Modeling ,
  • Sonsoft Inc
  • Warren, NJ FULL_TIME
  • Company DescriptionSonsoft , Inc. is a USA based corporation duly organized under the laws of the Commonwealth of Georgia. Sonsoft Inc. is growing at a steady pace specializing in the fields of Softwa...
  • 1 Month Ago

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Patient Care Advocate
  • Oakland Manager LLC
  • Somerset, NJ FULL_TIME
  • Summary The Patient Care Associate (PCA) is responsible for delivering an exceptional customer experience. This role ensures all sales are compliant with state regulations and that customer needs are ...
  • 1 Month Ago

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Security I
  • Oakland Manager LLC
  • Somerset, NJ FULL_TIME
  • Security Guards wanted to work for a professional industry leading company. Applicants may be assigned to a single or multiple site assignment. Applicants will need to be flexible with their schedule ...
  • 1 Month Ago

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Process Modeling Data Scientist
  • Ingredion Incorporated (Corporate)
  • Bridgewater, NJ FULL_TIME
  • Ingredion is hiring a Data Scientist who will be part of a multidisciplinary team focused on establishing In Silico experimentation capabilities and Artificial Intelligence technologies for product in...
  • 20 Days Ago

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0 Risk Modeling Manager jobs found in Somerset, NJ area

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Associate, Investment Banking - Consumer & Retail
  • Moelis & Company
  • New York, NY
  • We are passionate about our business and our culture, and are seeking individuals with that same drive. We are currently...
  • 4/26/2024 12:00:00 AM

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Associate, Investment Banking - Technology
  • Moelis & Company
  • New York, NY
  • We are passionate about our business and our culture, and are seeking individuals with that same drive. We are currently...
  • 4/26/2024 12:00:00 AM

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Associate, Investment Banking - M&A
  • Moelis & Company
  • New York, NY
  • We are passionate about our business and our culture, and are seeking individuals with that same drive. Moelis Associate...
  • 4/26/2024 12:00:00 AM

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Associate, Investment Banking - Power, Utilities & Infrastructure
  • Moelis & Company
  • New York, NY
  • We are passionate about our business and our culture, and are seeking individuals with that same drive. We are currently...
  • 4/26/2024 12:00:00 AM

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Valuation Vice President
  • Dynamics Associates
  • New York, NY
  • Dynamics Associates is currently working with one of the top American Investment Banks in the world. This institution is...
  • 4/25/2024 12:00:00 AM

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Valuation Vice President
  • Dynamics Associates
  • New York, NY
  • Dynamics Associates is currently working with one of the top American Investment Banks in the world. This institution is...
  • 4/25/2024 12:00:00 AM

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Quantitative Trader
  • Jane Street
  • New York, NY
  • About the Position We are looking for Quantitative Traders to help us find and trade on price inefficiencies, develop mo...
  • 4/23/2024 12:00:00 AM

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Wildfire Modeler (Experienced Hire)
  • First Street
  • New York, NY
  • Company & Mission Overview: First Street is a research and technology company working to connect climate change to finan...
  • 4/23/2024 12:00:00 AM

Somerset is an unincorporated community and census-designated place (CDP) located within Franklin Township, in Somerset County, New Jersey, United States. As of the 2010 United States Census, the CDP's population was 22,083. Somerset housed one of the first Marconi Wireless Stations in the United States. According to the United States Census Bureau, the CDP had a total area of 6.444 square miles (16.692 km2), including 6.327 square miles (16.388 km2) of land and 0.117 square miles (0.304 km2) of water (1.82%)....
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Risk Modeling Manager jobs
$240,605 to $353,271
Somerset, New Jersey area prices
were up 1.5% from a year ago

Risk Modeling Manager in Las Cruces, NM
This regulation laid the foundation for assessing model risk for financial institutions around the world, but was initially targeted towards Systemically Important Financial Institutions (a.k.a., SIFIs), which were deemed by the government to be "too big to fail" during the Great Recession.
February 03, 2020
Risk Modeling Manager in New Haven, CT
Arguably the place where data and analytics have generated the most interest among cyber insurers is around questions of aggregation management, systemic risk, and catastrophe loads on policies, according to Jonathan Laux, managing director and cyber analytics practice head at Aon's Reinsurance Solutions business.
January 26, 2020
Risk Modeling Manager in Winston Salem, NC
Because the industry is changing so rapidly, financial institutions are compelled to ask whether their financial risk leaders are keeping up, or more importantly, keeping ahead of the change.
January 23, 2020