Risk management is defined as the identification, assessment, and prioritization of risks and uncertainty on various objectives, whether it is positive or negative and is followed by efficient and economical application of tools to minimize, monitor, and control the probability and impact of undesirable events, also to maximize the realization of opportunities.
Risks may occur from uncertainty in financial markets, threats from project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. Several risk management standards have been developed following such standards to further define goals that vary widely in accordance the risk management method applied.
The Role of Insurance Risk Manager
You can be at the center of a global leader in full-service engineering, consulting, construction and operations. As an insurance risk manager duty, you will have the opportunity to support primarily the insurance risk management group and assist in the identification, analysis, mitigation and transfer of risk for normal company operations and project activities.
You will report to the Director of Risk Management and coordinate with the Corporate Insurance Manager in the desire to continuously support business groups in maintaining project insurance and contract surety bonds. You will also provide assistance in the claims management process by assuring appropriate assignment of adjusters, investigators, counsel, and case managers.
You should be an experienced risk management professional in corporate risk management and have the desire to grow personally and professionally with all the challenges that you may face in the future.
The Concept of Insurance Risk Management
For the longest time, struggling to acquire a well equipped insurance risk management who will play as a global leader in engineering, consulting, design, program management, construction and operations, working on the most challenging and impacting projects in the world. Through these challenging projects, we develop the people — who will transform diverse and creative ideas into reality. Together we can work to build a sustainable world.
The full support is within. Now, you can reach your greatest career goals through continuous professional development, a balance and positive outlook in life.