Manager, Risk Management & Insurance - Orlando, Florida, United States
Person, Face, Female, Smile, Woman, Girl, Photo, Portrait, Photography

Manager, Risk Management & Insurance

Alert me about jobs like this

Not You?

Thank you for your interest please submit your application on the next page.

Manager, Risk Management & Insurance

  • Central Location, Orlando, Florida, United States, 32821
  • Full Time

Go Put the World on Vacation

 

At Wyndham Destinations our goal is simple: to put the world on vacation. Our award-winning team of nearly 25,000 associates is diverse and dedicated, caring and creative. Together we’re shaping the future of the timeshare industry by doing things never done before. That’s part of what makes our work fun and interesting. Every day is a chance to learn something new and influence the global business.

Job Summary

This position is responsible for the management and administration of all casualty and property claims, risk identification, risk annals, and the on boarding of new properties. This role would consist of pro-active claim management, as well as reviewing and approving resolution strategies that have a positive impact on claim closure. On a secondary level, this position will lead the executive risk renewal process including providing the legal department with executive risk claim support. Along with the Vice President, Risk Management, provides subject matter expertise to all parts of the Company, establishes and maintains an excellent understanding of Company business and develops partnerships with business leadership and others to ensure a cooperative focus on the identification and management of risk exposures throughout the organization, and manages special projects.

Job Functions & Responsibilities

Risk Identification and Mitigation

  • Identify, develop, recommend, and implement appropriate strategies, policies, procedures, and systems to control and minimize risk Company wide. 

  • Evaluate the effectiveness of existing risk management practices, control systems, policies, processes and procedures from both corporate and field perspectives.

  • Create strategic assessments of the probability and magnitude of potential losses.

  • Partner with management (financial, operational, legal, enterprise risk management, human resources and field leadership) to evaluate existing risk management practices and develop creative and cost effective new risk reduction and management approaches (including effective cost of risk allocation system and procedures) to reduce overall cost of risk.

  • Provide formal training to corporate and field teams on relevant risk management issues and proactively ensure an on-going understanding of the cost of risk and application of appropriate risk management practices.

  • Establish and maintain an excellent understanding of Company businesses and develop partnerships with business leadership and others to ensure a cooperative focus on the identification and management of the risk exposures throughout the organization. 

  • Maintain knowledge of current and state-of-the-art risk management best practices.

Loss Control and Claim Management

  • Responsible for directing the Company’s insured and self-insured claims process including all property, liability, and workers’ compensation claims.

  • Establish standards and coordinate the activities of the Company’s third-party claim administrators.

  • Manage and supervise the day to day activities of the Claims Analyst.

  • Coordinate property insurance project plan reviews with insurance company representatives, engineers, and internal construction department.

  • Review engineering reports on existing properties and provide recommendations to operating management on loss control improvements.  

  • Manage the Risk Management Information System (RMIS)

Insurance Procurement

  • Along with the Vice President, Risk Management, review and select insurance carriers, brokers, and program providers.

  • Oversee and manage the administration of all non-benefit related insurance programs inclusive of, but not limited to, property, casualty, and management liability. 

  • Organize and evaluate overall corporate exposures, approve broker submissions, and review and recommend proposals presented for insurance programs.

  • Prepare insurance specifications to market insurance programs and consult with insurance brokers to negotiate optimal insurance coverage and the various risk transfer options for the Company.

  • Monitor and optimize the Company’s insurance coverage through comprehensive analyses of historical claim data to determine the appropriate risk financing techniques. 

  • Oversee the gathering of underwriting information, complete applications, and work with brokers to negotiate terms, conditions, and pricing.

  • Negotiate the terms and conditions of insurance coverage ensuring that the Company has proper, adequate, and reasonably priced coverage for its assets and insurable exposures. 

  • Review policy wording to ensure that it appropriately and accurately meets Company expectations and negotiate new wording as required.

Contractual Risk Transfer

  • Work with the Vice President, Risk Management to establish appropriate Company standards for contractual risk transfer.

  • Review terms and conditions in contracts and leases to identify risk exposures, recommend risk mitigation steps, and modify insurance terms and conditions consistent with the Company’s risk transfer philosophy and insurance programs.

  • Evaluate and negotiate insurance language in contracts, leases and/or operating agreements and, if necessary develop and recommend insurance language.

  • Develop internal guidelines, toolkits, and packaged knowledge on various insurance and risk management issues. 

  • Provide formal training to various individuals and groups on risk management and insurance issues.

                                                                                   

Non-Essential Responsibilities Include;                                                                              

  • Provide recommendations on indemnification language and insurance requirements for contracts and lease agreements

  • Manage claim updates into the RMIS system including the approval process for reserve increases and settlements

  • Support department with exposure gathering during insurance program renewals

  • Manage the SOX compliance function for risk management

  • Respond to various insurance inquiries from internal customers and 3rd parties

  • Provide training and development to direct report

Travel Requirements

  • Up to 20%

Requirements and Qualifications

  • Bachelor’s Degree required and advance degree preferred

  • 5 years of progressively responsible corporate risk management, insurance company, or insurance brokerage experience in a global organization.

  • ARM, CRM, CPCU, or other Risk Management professional designations preferred

  • Ability to work under pressure; must possess good written and oral communication skills

  • Must have excellent leadership skills and organization skills.

  • Knowledge of Insurance claim process, preferably Workers Compensation claims preferred, but not required

Unless there is a legal requirement, experience will be accepted for the education requirement.

A World of Inclusion

 

Hospitality is at the heart of all we do at Wyndham Destinations, including how we treat each member of our growing community. Here, you’ll find a team that’s inclusive, values diversity, and is built on a foundational respect for people from all over the world.

 

We are an equal opportunity employer, and all applicants will be considered for employment without attention to their membership in any protected class. If you require any reasonable accommodation to complete your application or any part of the recruiting process, please email your request to mycareer@wyn.com, including the title and the location of the position for which you are applying.

Job Requisition: R-11297

Other People Viewed

CMP CMA 1-17-2020

WD_US_WVO R-12017 Las Vegas Nevada United States Central Location, Las Vegas, Nevada, United States, 89169 Community Marketing Program Entry Level
Go Put the World on Vacation At Wyndham Destinations our goal is simple: to put the world on vacation. Our award-winning team of nearly 25,000 associates is diverse and dedicated, caring and creative. Together we’re shaping the future of the times...

Sales Representative

WD_US_WVO R-12288 Indio California United States 42-151 Worldmark Way, Indio, California, United States, 92203 Sales Representative Entry Level
Go Put the World on Vacation At Wyndham Destinations our goal is simple: to put the world on vacation. Our award-winning team of nearly 25,000 associates is diverse and dedicated, caring and creative. Together we’re shaping the future of the times...

Front Desk Agent - WorldMark Anaheim Resort

R-10555 Anaheim area California United States Central Location, Anaheim Resort, Anaheim area, California, United States, 92802 Guest Services Entry Level
Go Put the World on Vacation At Wyndham Destinations our goal is simple: to put the world on vacation. Our award-winning team of nearly 25,000 associates is diverse and dedicated, caring and creative. Together we’re shaping the future of the times...
Alert me about jobs like this

Not You?

Thank you for your interest please submit your application on the next page.