What Does A Risk And Insurance Consultant Do At Allstate
* Establish risk reporting framework for appropriate audiences (for example, to the board of directors so they understand the most significant privacy risks, to senior leadership to ensure they are aware of privacy risks relevant to their area of responsibility within the organization, and to individuals to understand their accountability to privacy)* Prepare risk measurement/identify trends/tracking/score carding/reporting* Prepare metrics on risks identified and closed, as well as track the costs of the program* Operational risk metrics, program metrics, IT and business cost measures are expected* Quantification and qualification of privacy and security risk* Support risk decision making through the use of portfolio models, privacy risk controls, matrix, and predictive modeling* Help establish and quantify the organization’s privacy 'risk appetite' and tolerance levels* Implementation of privacy risk management policies and processes for the organization, including programs to quantify and monetize risk* Participate in efforts to analyze technology and business impact and exposure based on emerging privacy threats, vulnerabilities, and risks* Other responsibilities as assigned; the scope of work can span across the Allstate Family of Companies* Audiences can include all individuals (internal and external) and individual officer interactions
What Does A Risk And Insurance Consultant Do At U.S. Bank
* Works with line of business resources to identify, monitor, measure and report Payments Risk by payment product, payment type, & channel* Serve as 2LoD day-to-day contact for all operational Payments Risk issues in coordination with other 2LoD risk oversight functions (e.g.* Compliance, Fraud, Treasury, and Credit)* Develop policies, guidance, standards, tools, KRIs, etc. to support the framework* Solicit and socialize discussion topics for the Payments Risk Working Group from 1st and 2nd LoD Payments Risk resources* Assist with Payments Risk mitigation; escalates risks where applicable* Facilitate ad-hoc reporting requests* Your Career is Here
What Does A Risk And Insurance Consultant Do At Aon Corporation
* Completing diagnostic loss analyses and qualitative reviews to identify trends and maximum financial improvement impact for our clients.* Conducting risk assessments with a focus on operational improvement and financial exposure mitigation.* Articulating value proposition for initiatives and services to reduce client exposure and loss in the form of written plans and oral presentations* Developing and implementing risk management and injury prevention strategies, and supporting tactical plans to control risk related costs.* Using project management skills to assure goals and objectives are appropriate and aligned with services delivered to exceed client expectations.* Delivering onsite visit and project reports summarizing services delivered and measurable results achieved.* Working collaboratively within teams including; 1.) casualty claims staff to execute initiatives for post loss strategies and 2.) insurance carrier representatives where appropriate.* Supporting business development to Aon offices by rapidly gaining an understanding of client needs, Casualty Risk Control service offerings; and articulating conceptual strategies and Aon resources to appropriately control exposures and costs.* Areas of focus include: Workers’ Compensation, General Liability, and Fleet
What Does A Risk And Insurance Consultant Do At Marsh
* Project Manager or Senior Consultant (as per project’s size and team roles) on client delivery * Lead and/or support of business development initiatives including facilitating discussions with senior business leaders, development of proposals and presentations of capabilities * Contribute to (associate) consultants’ management and training * Contribute to build practice and industries expertise * Consulting Domains: * Enterprise Risk Management: risk assessment, risk modelling, ERM framework audit, development and optimization, risk mitigation action planning, risk finance optimization * Cyber Risk: risk quantification, security program assessment, insurability review, integrated projects with technical partners * Insurable Risk Review: insurable risk quantification for any type of policies, insurability review, insurance optimization
What Does A Risk And Insurance Consultant Do At Northern Trust Corporation
* 1. Responsible for the independent validation of quantitative models across the organization; resolving complex issues in capital estimation, regulatory reporting or external financial statements and other aspects of model risk measurement2.* Responsible for model validation, participation in quantitative analytical processes for risk and regular production of analytical work and reports.* Serves as a point of contact for model risk analytics and internal risk teams3.* Evaluates existing model risk framework in relation to department objectives and industry leading practices.* Assesses validation requirements and actively provides solutions to enhance the model validation framework4.* Supports internal capital allocation methodologies by ensuring that capital modeling and allocation approaches meet both internal corporate needs and regulatory requirements related to prevailing regulatory guidance5.* Provides technical/theoretical expertise to resolve model risk issues and enhance overall model risk framework.* Works with other Risk teams to ensure that model risk management policies/processes and quantitative modeling approaches are consistent6.* Provides communication and supports training efforts to promote understanding of model risk measurement throughout the company7
