ERM Consulting Director

| Chicago, IL
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Job Summary
The mission of CNA's Enterprise Risk Management (ERM) function is to build upon an established risk management framework to support the achievement of the company's strategic goals. In order to do this, the ERM function collaborates with the business areas to integrate effective risk management practices across all areas of the business. The ERM function establishes an enterprise-wide view of acceptable risk levels and aggregates, models, and evaluates exposures across all areas of the business.
The ERM Consulting Director is an individual contributor role that will be responsible for driving the implementation of the best in class ERM practices, and will proactively identify, assess, and quantify risks and impact of controls. He/she will be responsible for building strong partnerships with senior business leaders to be a strategic partner for the enterprise or business unit on risk related matters. This role will also contribute analyses and present to executive leadership on risk mitigation strategies and results of analyses.
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
  1. Establish partnerships with senior business leaders to serve as a specialized point of contact for enterprise or business unit risk-related matters. Influences business leaders to address critical internal and external risk issues.
  2. Ensure timely identification, assessment and quantification of insurance risks by owning and executing on related ERM processes. Maintains and promotes an advanced understanding of risk factors impacting lines of businesses and functional areas and develops appropriate controls and measures to mitigate risk.
  1. Coordinate and manage business level risk committees and forums to allow for continuous risk dialogues and enhancement of the risk culture.
  2. Conduct periodic risk assessments to validate efficacy of controls and levels of residual risk. Implements risk management programs consistent with the organization's strategic plan.
  3. Advise, train and coach business partners to create greater transparency and understanding of effective controls.
  1. Partner with Internal Audit and Compliance on the 'Three Lines of Defense' and ensure an effective and efficient feedback loop therein.
  2. Facilitate setting of meaningful risk appetite statements for the business; oversee resulting limits and ensure alignment with enterprise risk tolerances.
  3. Contributes to the technical strategy and strategic decisions of area of specialty. Partners with the business on ongoing enhancements and management of forward looking key risk indicators used in the management of business risk reporting for committees and forums.
  4. Promote the utilization and embedding of economic capital and a risk/return framework within the business, bringing quantitative capabilities to the forefront.
  5. Produce advanced quantitative analyses in support of business decisions and scenario analysis, partnering closely with Exposure Management and Economic Capital Modeling.

May perform additional duties as assigned.
Reporting Relationship
AVP or above
Skills, Knowledge & Abilities
1. In-depth and proven understanding of enterprise risk management practices coupled with a good understanding of the industry including a broad understanding of underwriting, claims, reserving, pricing, and product development.
2. Ability to collaborate with business and functional experts to provide risk assessment guidance, recognize risks and design control enhancements.
3. Ability to influence and lead change.
4. Strong decision making, analytical and creative thinking skills.
5. Ability to proactively anticipate issues and drive initiatives that achieve results.
6. Ability to operate effectively in a matrix organization and work well under pressure and to tight deadlines.
7. High level of professionalism, self-motivation and sense of urgency.
8. Strong teamwork and communication (written and verbal) skills.
9. Robust organizational, project management and multi-tasking skills with demonstrated ability to manage expectations and deliver results.
Education & Experience
1. Bachelor's degree with Master's preferred in accounting or finance or a related discipline, or equivalent
2. Typically a minimum of ten years of related risk and/or insurance experience
3. Applicable certifications encouraged e.g. CFA, PRM, FRM, CPCU and/or MBA
*LI-MR1
Read Full Job Description
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • .NETLanguages
    • JavaLanguages
    • JavascriptLanguages
    • KotlinLanguages
    • PerlLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • jQueryLibraries
    • jQuery UILibraries
    • ReactLibraries
    • AngularJSFrameworks
    • Node.jsFrameworks
    • SpringFrameworks
    • AccessDatabases
    • DB2Databases
    • Microsoft SQL ServerDatabases
    • MySQLDatabases
    • OracleDatabases
    • PostgreSQLDatabases
    • Google AnalyticsAnalytics
    • ConfluenceManagement
    • JIRAManagement
    • Microsoft ProjectManagement
    • SalesforceCRM
    • SendGridEmail
    • MarketoLead Gen

What are CNA Perks + Benefits

CNA Benefits Overview

One of the many advantages of working at CNA is the benefits program we offer you and your eligible dependents,
beginning on the first day of your employment. The program features a variety of plans that provide health care
benefits, well-being, disability and survivor protection, and 401(k) savings, among others. Below are highlights
of the offerings.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Open door policy
Team owned deliverables
Group brainstorming sessions
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Someone's primary function is managing the company’s diversity and inclusion initiatives
Diversity Employee Resource Groups
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Wellness Programs
Onsite Gym
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Adoption Assistance
Vacation & Time Off Benefits
Generous PTO
Paid Holidays
Paid Sick Days
Perks & Discounts
Relocation Assistance
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Online course subscriptions available
More Jobs at CNA180 open jobs
All Jobs
Finance
Data + Analytics
Dev + Engineer
HR + Recruiting
Internships
Legal
Marketing
Operations
Product
Project Mgmt
Sales
Content
Finance
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Developer
new
Chicago, IL
Finance
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Sales
new
Philadelphia, PA
HR + Recruiting
new
Chicago, IL
Developer
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Content
new
Chicago, IL
Operations
new
Lake Mary
Operations
new
Lisle
Operations
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Operations
new
Lake Mary
Operations
new
Lisle
Operations
new
Sioux Falls
Operations
new
Wyomissing
Operations
new
Lake Mary
Data + Analytics
new
Chicago, IL
Operations
new
Dallas-Fort Worth, TX
Product
new
Chicago, IL
Sales
new
Lake Mary
Data + Analytics
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Operations
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Operations
new
Chicago, IL
Finance
new
Chicago, IL
Finance
new
Chicago, IL
Finance
new
Chicago, IL
Operations
new
Lisle
Finance
new
Chicago, IL
Project Mgmt
new
Chicago, IL
Developer
new
Chicago, IL
Operations
new
Chicago, IL
Operations
new
Chicago, IL
Operations
new
Sioux Falls
Data + Analytics
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Sales
new
Melville
Sales
new
Philadelphia, PA
Sales
new
Chicago, IL
Operations
new
Chicago, IL
HR + Recruiting
new
Chicago, IL
Developer
new
Wyomissing
Data + Analytics
new
Chicago, IL
Content
new
Dallas-Fort Worth, TX
Operations
new
Chicago, IL
Developer
new
Chicago, IL
Operations
new
Chicago, IL
Finance
new
Chicago, IL
Sales
new
Minneapolis–Saint Paul, MN
Finance
new
Dallas-Fort Worth, TX
Marketing
new
Chicago, IL
Operations
new
Wyomissing
Finance
new
Kansas City, MO
Operations
new
Phoenix – Mesa – Scottsdale, AZ
Data + Analytics
new
Detroit, MI
Operations
new
Minneapolis–Saint Paul, MN
HR + Recruiting
new
Chicago, IL
HR + Recruiting
new
Chicago, IL
Finance
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Operations
new
Chicago, IL
Operations
new
Chicago, IL
Operations
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Developer
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Finance
new
Houston, TX
Finance
new
Dallas-Fort Worth, TX
Finance
new
Minneapolis–Saint Paul, MN
Project Mgmt
new
Chicago, IL
Developer
new
Chicago, IL
Finance
new
Chicago, IL
Operations
new
Miami, FL
Data + Analytics
new
Chicago, IL
Internships
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Finance
new
Lake Mary
HR + Recruiting
new
Chicago, IL
Data + Analytics
new
Chicago, IL
Finance
new
Philadelphia, PA
Finance
new
Dallas-Fort Worth, TX
Apply now
By clicking continue you agree to Built In’s Privacy Policy and Terms of Use.
Save jobView CNA's full profileSee more CNA jobs