Risk Finance Manager

LIVING OUR VALUES

All associates are guided by Our Values. Our Values are the unifying foundation of our companies. We strive to ensure that every decision we make and every action we take demonstrates Our Values. We believe that putting Our Values into practice creates lasting benefits for all of our associates, shareholders, and the communities in which we live.

JOB SUMMARY

The Risk Finance Manager under the direction of the Director, Risk Analytics & Business Intelligence, will participate in managing the risk finance program of The Friedkin Group and its operating company affiliates. Risk finance programs may include a combination of self-insurance, captive insurance, commercial insurance, and alternative risk financing. The Risk Finance Manager will apply financial planning and analysis skills specifically in the areas of insurance and claims and will manage part or all of the insurance renewal cycle for multiple lines of coverage.

ESSENTIAL FUNCTIONS

• Manage exposure and claims data and provide analysis that supports marketing our risk and identifying opportunities to improve risk finance and risk mitigation
• Manage certain insurance renewal cycles as assigned
• Participate in the insurance premium budgeting process; provide ongoing data analysis, variance updates, and projections; and ensure appropriate monitoring and controls
• Support the transparent and repeatable rationale for allocation of insurance premiums and fees
• Support monthly and quarterly reporting to leadership & business partners
• Support quarterly loss accrual analysis for business units
• Participate in review of quarterly captive financial statements and coordinate review by Tax & Accounting
• Provide management with ad hoc analyses on financial data to enable strategic decision making
• Manage the Total Cost of Risk (TCoR) measurement and other Key Performance Indicators (KPIs)
• Participate in special projects as needed, taking lead in initiatives to support company goals.
• Identify and provide continuous improvement to processes and procedures around data management, project management, and reporting
• Engage other departments and business units to research and resolve items on a timely basis
• Process improvement, problem-solving, and waste elimination
• Other duties as assigned.
• Responsibly receive, transmit, and handle consumer and customer data per applicable policies and procedures.
• Review and follow data privacy practices, policies, and guidelines.

This position has no supervisory responsibilities

QUALIFICATIONS

• Education and/or Experience: Bachelor's degree from a four-year college or university preferably with a degree in Accounting or Finance, plus 5-7 years related experience and/or training; or equivalent combination of education and experience. Experience related to risk and insurance is a plus.
• Highly organized and motivated with strong analytical and critical thinking abilities and the ability to work without close supervision.
• Strategic thinking and a structured approach to problem solving (Plan-Do-Check-Act, etc.)
• Lead formal and informal meetings with key stakeholders, guiding them in making operational decisions impacting the company.
• Excellent communication and presentation skills, both written and verbal;
• Ability to work independently as well as part of a team.
• Develop business partner relationships to understand their needs and priorities and execute their operational goals.
• Must be able to work under deadline pressure with competing priorities while delivering high quality end product for the team and leadership.
• Self-motivated to learn and grow, proactive in developing and pursing career goals.
• Use business acumen to identify and implement process improvement opportunities.
• Must have advanced computer skills in Excel and PowerPoint along with the ability to learn new applications.

To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed above are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

CERTIFICATES, LICENSES, REGISTRATIONS*

N/A

PHYSICAL REQUIREMENTS

The physical requirements described here are representative of those that must be met by an associate to successfully perform the essential functions of the job. While performing the duties of the job, the associate is required on a daily basis to analyze and interpret data, communicate, and remain in a stationary position for a significant amount of the work day; and frequently access, input, and retrieve information from the computer and other office productivity devices. The associate is regularly required to move about the office and around the corporate campus. The associate is occasionally required to travel to other sites, including out-of-state, where applicable, for business. The associate must frequently move up to 10 pounds and occasionally move up to 25 pounds.

WORK ENVIRONMENT

The work environment characteristics described here are representative of those an associate encounters while performing the essential functions of this job. While the job is generally performed in an office environment, the associate is occasionally exposed to wet and/or humid conditions, areas in which moving mechanical parts, fumes, toxic or caustic chemicals are present, and outside weather conditions. The noise level in the office environment is typically quiet, but the associate may be occasionally exposed to loud noise levels.

TRAVEL REQUIRED

Minimal travel is required for this position (up to 25% of the time and on a domestic basis).

The Friedkin Group and its affiliates are equal opportunity employers and maintain drug-free workplaces by conducting pre-employment drug testing.