Job
Description
The Insurance Risk Advisory practice assists clients in identifying, measuring, prioritizing, managing, and monitoring exposures to insurable loss. The focus areas include sustainable energy (e.g., solar, wind, battery storage, hydrogen, etc.) and real estate. BDO serves as the independent insurance advisor and outsourced risk manager in these sectors. As a Director of Insurance Risk Advisory, you will be instrumental in guiding clients through risk identification and management processes. Your role involves understanding the US, European, and Bermuda insurance markets thoroughly. You will advise clients on risk retention and transfer strategies, such as captives, self-insurance, and insurance policies, primarily in sustainable energy and real estate sectors. Key Responsibilities: - Act as an Independent Insurance Advisor for sustainable energy and real estate sectors. - Conduct thorough insurance program diagnostics with gap assessments. - Provide services related to captive feasibility and utilization. - Perform third-party risk assessments. - Manage insurance risk management through outsourcing and co-sourcing. - Supervise casualty claims program management. - Handle insurance vendor management. - Lead technical engagements and collaborate with BDO USA and RISE teams. - Analyze insurance risk scenarios and offer recommendations for appropriate risk mitigation through insurance. Skills and Competencies: - Strong leadership and team collaboration abilities. - Strategic thinking to provide innovative solutions. - Detail-oriented with exceptional organizational skills. - Proficiency in risk management tools and software. Qualifications, Knowledge, Skills, and Abilities: Education: - Bachelor's degree Experience: - Over ten (10) years of experience in Risk Management, Insurance Company, Insurance Brokerage, Claims Administration, or professional client services role. - In-depth knowledge of the US, European, and Bermuda insurance markets. - Strong analytical skills to solve complex problems. - Excellent written and verbal communication skills. - Ability to work under pressure and manage multiple projects simultaneously. - Preferred experience in sustainable energy and real estate sectors. License/Certifications: - Progress towards completion of CPCU certification is preferred. - Progress towards completion of ARM certification is preferred. Software: - Proficient in Microsoft Office Suite, specifically Excel and PowerPoint. - Proficient in Chat GPT and Microsoft Co-Pilot. Other Knowledge, Skills, and Abilities: - Excellent verbal and written communication skills. - Strong organizational skills, especially meeting project deadlines with attention to detail. - Contributes to the development of engagement strategy. - Builds and maintains strong relationships with internal and client personnel. - Supports a collaborative work environment while striving for quality results. - Acts as the primary client contact on assigned engagements. - Manages firm and practice administrative matters effectively.,