<p>Description</p> <p>Director, Insurance Optimization Services</p> <p>About Alvarez & Marsal</p> <p>Alvarez & Marsal (A&M) is a global consulting firm with over 10,000 entrepreneurial, action and results-oriented professionals in over 40 countries. We take a hands-on approach to solving our clients' problems and assisting them in reaching their potential. Our culture celebrates independent thinkers and doers who positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are why our people love working at A&M.</p> <p>About A&M Insurance Optimization Services</p> <p>A&M's Insurance Optimization Services (IOS) business unit provides support to a client company's in-house insurance managers (Risk Manager and Benefits Manager) as an independent, deeply experienced insurance Total Cost of Risk (TCOR) strategic advisor. IOS works exclusively for the client, with no influence from external compensation sources. This advisory relationship is achieved by IOS collaborating with the client's insurance broker(s), insurance carrier(s), and third-party providers to optimize the client's insurance programs, thereby generating for the client significant value creation and annual EBITDA improvement.</p> <p>You are:</p> <p>A respected leader and a trusted advisor to clients within the Insurance industry. You are excited to leverage your experience to transform and optimize insurance products for our clients to drive growth and profitability via continuous innovation.</p> <p>Professional Experience Desired</p> <ul> <li>Prior customer and market-facing experience in insurance. Experience as a risk manager, insurance broker, underwriter, coverage specialist or consultant providing similar services is highly preferred. </li><li>Direct responsibility for customer management, sales, and contract negotiations </li><li>Significant experience in large-scale transactions </li><li>Experience should include complex quality of earnings, valuation, collateral, financing, and cash flow analysis </li><li>Hands-on or prior advisory experience with unique elements impacting transactions including captives, loss portfolio transfers, transition services, purchase agreements and day-one readiness assessments </li><li>Demonstrable track-record of experience with a broad spectrum of insurance coverages with emphasis on financial lines (D&O, GPL, E&O, Cyber), specialties coverages, commercial liability, and workers compensation </li><li>Experience managing vendor performance (brokers, third party administrators, actuaries, and other consultants) </li><li>Familiarity with enterprise risk management (ERM) implementation and frameworks (ISO 3100, COSO) </li><li>Experience utilizing risk tools (actuarial and benchmarking) </li></ul> <p>Professional Skills Required</p> <ul> <li>Strong communication skills written, oral, and analytical with ability to listen and develop clear, credible, and concise responses to complex / technical client concerns </li><li>Initiative to lead and drive </li><li>Critical thinking, process, and organizational skills with thorough attention to detail, but discernment between what is critical vs. interesting </li><li>Ability to develop critical insights and make strategic recommendations based upon relevant metrics </li><li>Structured project management (time, team, and work-stream's management) </li><li>Ability to deliver time-pressured projects on-time and with the highest (error-free) quality </li><li>Ability to identify key operational performance drivers and flexibility to support clients with a broad array of issues </li><li>Core accounting knowledge and impacts of risk on financial and operational results </li><li>Flexible and creative thinking </li><li>Advanced Excel and PowerPoint skills </li></ul> <p>Qualifications</p> <ul> <li>Bachelor's degree in insurance / risk management, Business Administration, or other relevant degree with a preference for advanced education including MBA, JD or other </li><li>7+ years of previous related risk management, insurance brokerage, underwriting and coverage </li><li>Prior consulting experience is a plus </li><li>Significant knowledge of the marketplace </li><li>Strong insurance marketplace relationships </li><li>Flexibility with respect to travel </li></ul> <p>Your journey at A&M</p> <p>We recognize that our people are the driving force behind our success, which is why we prioritize an employee experience that fosters each person's unique professional and personal development. Our robust performance development process promotes continuous learning, rewards your contributions, and fosters a culture of meritocracy. With top-notch training and on-the-job learning opportunities, you can acquire new skills and advance your career.</p> <p>We prioritize your well-being, providing benefits and resources to support you on your personal journey. Our people consistently highlight the growth opportunities, our unique, entrepreneurial culture, and the fun we have together as their favorite aspects of working at A&M. The possibilities are endless for high-performing and passionate professionals.</p> <p>Benefits Summary</p> <p>Regular employees working 30 or more hours per week are also entitled to participate in Alvarez & Marsal Holdings' fringe benefits consisting of healthcare plans, flexible spending and savings accounts, life, AD&D, and disability coverages at rates determined periodically as well as a 401(k) retirement savings plan. Provided the eligibility requirements are met, employees will also receive an annual discretionary contribution to their 401(k) retirement savings plan from Alvarez & Marsal. Additionally, employees are eligible for paid time off including vacation, personal days, seventy-two (72) hours of sick time (prorated for part time employees), ten federal holidays, one floating holiday, and parental leave. The amount of vacation and personal days available varies based on tenure and role type. Click here for more information regarding A&M's benefits programs.</p> <p>The salary range for Directors is $150,000 - $210,000 annually, dependent on several variables including but not limited to education, experience, skills, and geography. In addition, A&M offers a discretionary bonus program which is based on a number of factors, including individual and firm performance. Please ask your recruiter for details.</p> <p>Alvarez & Marsal recruits on an ongoing basis. Candidates are considered as they apply, until the opportunity is filled. Candidates are encouraged to apply expeditiously to any role(s) that they are qualified for and that are of interest to them.</p> <p>Inclusive Diversity</p> <p>A&M's entrepreneurial culture celebrates independent thinkers and doers who can positively impact our clients and shape our industry. The collaborative environment and engaging work-guided by A&M's core values of Integrity, Quality, Objectivity, Fun, Personal Reward, and Inclusive Diversity-are the main reasons our people love working at A&M. Inclusive Diversity means we embrace diversity, and we foster inclusiveness, encouraging everyone to bring their whole self to work each day. It runs through how we recruit, develop employees, conduct business, support clients, and partner with vendors. It is the A&M way.</p> <p>Equal Opportunity Employer</p> <p>It is Alvarez & Marsal's practice to provide and promote equal opportunity in employment, compensation, and other terms and conditions of employment without discrimination because of race, color, creed, religion, national origin, ancestry, citizenship status, sex or gender, gender identity or gender expression (including transgender status), sexual orientation, marital status, military service and veteran status, physical or mental disability, family medical history, genetic information or other protected medical condition, political affiliation, or any other characteristic protected by and in accordance with applicable laws. Employees and Applicants can find A&M policy statements and additional information by region here.</p> <p>Unsolicited Resumes from Third-Party Recruiters</p> <p>Please note that as per A&M policy, we do not accept unsolicited resumes from third-party recruiters unless such recruiters are engaged to provide candidates for a specified opening. Any employment agency, person or entity that submits an unsolicited resume does so with the understanding that A&M will have the right to hire that applicant at its discretion without any fee owed to the submitting employment agency, person or entity.</p>