Risk Management & Insurance Specialist -Hybrid - Arlington POST NUMBER: 412364
Risk Management & Insurance Manager
Key responsibilities include:
- Work as an integral part of the Company's wider Finance Treasury team
- Develop insurance programs appropriate for our evolving exposures as we grow from start up to future state
- Support funding initiatives, with expertise and ownership of all debt servicing requirements. Manage renewals of all lines of property & casualty coverage
- Prepare underwriting submissions for each insurance placement
- Evaluate risk financing structures
- Develop and scale core Treasury processes and systems supporting:
- Accurate near-term and long-term cash forecasting
- Systematic payment processes and controls
- Cash and liquidity management
- Daily bank account reconciliation of system and bank records
- Manage different transaction types including loan activity, supplier payments, payroll and benefits, and other payments on timely basis
- Continue development of Treasury policies and controls
- Develop and maintain relationships and work cooperatively with all stakeholders. Manage insurance brokers, TPA’s, actuaries, and loss prevention consultants
- Work with internal and external resources to ensure accurate insurance and loss budgeting, reserving, and reporting
- Partner with stakeholders across the enterprise to proactively identify and manage operational risks
- Advise the company on coverage elections, insurance structures, policy language, and overall protection of our people, assets, and brand
- Assist in the development of claims handling and reporting policies
- Review contracts for insurance and indemnity requirements
- Leading transformational change
- Innovation
- Critical thinking
- Resourcefulness
- Confidence, courage and independence
- Strong interpersonal and influencing skills, collaborator
- Drive for results and sense of urgency
- Data-driven
- At least 3 years’ experience in a Treasury, Banking or related Finance role with commercial property & casualty insurance programs
- Bachelor’s degree in accounting or finance, risk management, or related field
- Strong analytical skills including Finance/Treasury business acumen
- Self-driven with an ability to strategically solve problems and thrive in a dynamic environment
- Ability to manage detail while supporting multiple tasks and critical deadlines
- Excellent communication and presentation skills
- Strong excel skills
- General insurance payments knowledge (SWIFT, ACH)
- MBA accounting or finance
- Experience with SAPARM, CRM, CPCU, or other insurance certification
- Experience handling claims with loan transactions, grants or other incentives
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.