Risk Insurance Manager- Director - Morgan Stanley
Alpharetta, GA
About the Job
We’re seeking someone to join our team as a Insurance Risk Manager reporting to Executive Director in the management of various policy lines focusing on professional liability, Directors & Officers Liability, Surety/ERISA bonds and commodities related policies (property & liability). This position will be working with various business units which includes asset management, fund boards and commodities.
In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanley’s workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients.
This is a Director position within Corporate Insurance, which specializes in the overall administration of insurance programs aimed at minimizing and/or distributing the risk of loss. We are responsible for negotiating and implementing all property and casualty insurance policies, and insurance settlements, as well as Firmwide insurance risk.
This role supports professionals in managing the Firm's exposures and the placement of various insurance policies. Provide direct support for the department in documenting policies and procedures and ensuring that all policies comply with documentation standards. Responsible for the management of a database of information critical to the placement of insurance policies and reports generated to senior management.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
At Morgan Stanley Alpharetta, we support the breadth of the Firm’s global business and functions from Wealth Management and Institutional Securities to Technology and Operations, Finance and Human Resources divisions. With the 2020 acquisition of E-TRADE, which has its largest footprint in Alpharetta, Morgan Stanley super-charged its Wealth Management business to deliver a first-class experience for the digitally inclined investor and trader. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move about the business for those who show passion and grit in their work.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
Responsibilities
-Manage and lead the renewal of various insurance policies including but not limited to Business Unit specific professional liability programs (D&O/E&O), ERISA program, and International Fund programs
-Coordinate and manage the preparation of renewal applications for various business units in the firm; assist in the gathering of exposure data for various insurance policies, review submissions for consistency with previous years' applications, review inconsistencies with managers, then submit applications to insurance underwriters
-Create and present PowerPoint presentations to Business Units, Fund Board and Senior Management where required
-Maintain claims database and assist in claims administration and settlement of claims associated with the group's responsible insurance policies
-Manage and maintain the group's renewal calendar and set up meetings where necessary
-Assist in due diligence process (mergers & acquisitions)
-Carry out and review/audit of responsible insurance policies to ensure files are fully documented with insurance binders, program schematics, summaries and policies and are accurately reflected as per the renewal
-Responsible for all aspects of policy documentation
-Maintain and assist insurance allocation procedure and processes
-Review various contracts and agreements for adherence to required insurance policies and issuance of Certificate of Insurance to clients and vendors as required
-Input and maintain information in a Risk Management Information System (RMIS), a database and analytical software that captures policy and premium information and tracks claims data information including pending, open, and closed claims
Qualifications
-6-7 years of Risk and Insurance Management (RIM) and/or insurance industry experience
-Four-year college degree
o (business preferred e.g. business accounting, finance, risk management, etc.)
-Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (powerpoint, excel spreadsheets, etc.)
-Associate of Risk Management (ARM) or willingness to obtain
Skills Required
-Strong oral and written communication
-Strong organizational skills
-Strong technical skills
-Ability to raise issues/exceptions to more senior level when appropriate
-Shows a willingness to learn and grow and is not afraid to ask questions
-Can work under tight time constraints to expedite projects
-Proactive, looks to change or improve processes
-Knowledge of corporate insurance programs, a plus
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.
At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity
We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Expected base pay rates for the role will be between $75,000 and $120,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Job: Other*
Title: * Risk Insurance Manager- Director*
Location: *Georgia-Alpharetta*
Requisition ID:** *3260466*
In the Corporate & Enterprise Services division, we provide solutions that enable Morgan Stanley’s workforce, across our global workplace locations, to effectively and efficiently work in the service of our clients.
This is a Director position within Corporate Insurance, which specializes in the overall administration of insurance programs aimed at minimizing and/or distributing the risk of loss. We are responsible for negotiating and implementing all property and casualty insurance policies, and insurance settlements, as well as Firmwide insurance risk.
This role supports professionals in managing the Firm's exposures and the placement of various insurance policies. Provide direct support for the department in documenting policies and procedures and ensuring that all policies comply with documentation standards. Responsible for the management of a database of information critical to the placement of insurance policies and reports generated to senior management.
Morgan Stanley is an industry leader in financial services, known for mobilizing capital to help governments, corporations, institutions, and individuals around the world achieve their financial goals.
At Morgan Stanley Alpharetta, we support the breadth of the Firm’s global business and functions from Wealth Management and Institutional Securities to Technology and Operations, Finance and Human Resources divisions. With the 2020 acquisition of E-TRADE, which has its largest footprint in Alpharetta, Morgan Stanley super-charged its Wealth Management business to deliver a first-class experience for the digitally inclined investor and trader. Our teams are relentless collaborators and creative thinkers, fueled by their diverse backgrounds and experiences. There’s ample opportunity to move about the business for those who show passion and grit in their work.
Interested in joining a team that’s eager to create, innovate and make an impact on the world? Read on…
Responsibilities
-Manage and lead the renewal of various insurance policies including but not limited to Business Unit specific professional liability programs (D&O/E&O), ERISA program, and International Fund programs
-Coordinate and manage the preparation of renewal applications for various business units in the firm; assist in the gathering of exposure data for various insurance policies, review submissions for consistency with previous years' applications, review inconsistencies with managers, then submit applications to insurance underwriters
-Create and present PowerPoint presentations to Business Units, Fund Board and Senior Management where required
-Maintain claims database and assist in claims administration and settlement of claims associated with the group's responsible insurance policies
-Manage and maintain the group's renewal calendar and set up meetings where necessary
-Assist in due diligence process (mergers & acquisitions)
-Carry out and review/audit of responsible insurance policies to ensure files are fully documented with insurance binders, program schematics, summaries and policies and are accurately reflected as per the renewal
-Responsible for all aspects of policy documentation
-Maintain and assist insurance allocation procedure and processes
-Review various contracts and agreements for adherence to required insurance policies and issuance of Certificate of Insurance to clients and vendors as required
-Input and maintain information in a Risk Management Information System (RMIS), a database and analytical software that captures policy and premium information and tracks claims data information including pending, open, and closed claims
Qualifications
-6-7 years of Risk and Insurance Management (RIM) and/or insurance industry experience
-Four-year college degree
o (business preferred e.g. business accounting, finance, risk management, etc.)
-Strong knowledge and application of software and appropriate technology, e.g., Microsoft office (powerpoint, excel spreadsheets, etc.)
-Associate of Risk Management (ARM) or willingness to obtain
Skills Required
-Strong oral and written communication
-Strong organizational skills
-Strong technical skills
-Ability to raise issues/exceptions to more senior level when appropriate
-Shows a willingness to learn and grow and is not afraid to ask questions
-Can work under tight time constraints to expedite projects
-Proactive, looks to change or improve processes
-Knowledge of corporate insurance programs, a plus
We are committed to maintaining the first-class service and high standard of excellence that have defined Morgan Stanley for over 85 years. At our foundation are five core values — putting clients first, doing the right thing, leading with exceptional ideas, committing to diversity and inclusion, and giving back — that guide our more than 80,000 employees in 1,200 offices across 42 countries.
At Morgan Stanley, you’ll find trusted colleagues, committed mentors and a culture that values diverse perspectives, individual intellect and cross-collaboration. We Firm is differentiated by the caliber of our diverse team. While our company culture and commitment to inclusion define our legacy and shape our future, helping to strengthen our business and bring value to clients around the world. Learn more about how we put this commitment to action: morganstanley.com/diversity
We are proud to support our employees and their families at every point along their work-life journey, offering some of the most attractive and comprehensive employee benefits and perks in the industry.
Morgan Stanley's goal is to build and maintain a workforce that is diverse in experience and background but uniform in reflecting our standards of integrity and excellence. Consequently, our recruiting efforts reflect our desire to attract and retain the best and brightest from all talent pools. We want to be the first choice for prospective employees.
It is the policy of the Firm to ensure equal employment opportunity without discrimination or harassment on the basis of race, color, religion, creed, age, sex, sex stereotype, gender, gender identity or expression, transgender, sexual orientation, national origin, citizenship, disability, marital and civil partnership/union status, pregnancy, veteran or military service status, genetic information, or any other characteristic protected by law.
Morgan Stanley is an equal opportunity employer committed to diversifying its workforce (M/F/Disability/Vet).
Expected base pay rates for the role will be between $75,000 and $120,000 per year at the commencement of employment. However, base pay if hired will be determined on an individualized basis and is only part of the total compensation package, which, depending on the position, may also include commission earnings, incentive compensation, discretionary bonuses, other short and long-term incentive packages, and other Morgan Stanley sponsored benefit programs.
Job: Other*
Title: * Risk Insurance Manager- Director*
Location: *Georgia-Alpharetta*
Requisition ID:** *3260466*
Source : Morgan Stanley
