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Goldman Sachs Group, Inc

Risk, Insurance, Property and Casualty Insurance, Associate, Dallas

Goldman Sachs Group, Inc - Dallas, TX

MORE ABOUT THIS JOB

The Insurance team within ORMA, an independent risk management function, manages insurance purchasing for Goldman Sachs globally. The Insurance team procures property, casualty and liability insurance on behalf of the firm and its various businesses globally. Its mission is to support active risk management across the firm with the goal of procuring risk transfer insurance products to mitigate the firm’s operational risk exposures. The Associate will work with the global operational risk team and engage with stakeholders across the firm to negotiate and purchase insurance programs.

RESPONSIBILITIES AND QUALIFICATIONS

Primary Responsibilities

Manage the firm’s property and casualty insurance programs including property, terrorism, environmental, general liability and workers compensation

Manage insurance programs for the firm’s real estate investment portfolio

Engage deal teams to perform insurance program due diligence for new activities and transactions

Collaborate with the ORMA Supervision team to evaluate the firm’s operational risks and new activities to identify potential opportunities for insurance mitigation

Interpret NAT CAT model outputs and actuarial studies to review risk exposure and modify insurance coverage

Support property and casualty insurance claims process

Monitor regulatory expectations and industry best practices; identify, design and implement insurance program enhancements

Interact with insurance brokers and insurers to communicate the firm’s insurance purchasing strategy and needs

Educate key stakeholders on insurance coverage and claims reporting responsibilities

Support internal requirements for vendor reviews, budgeting and committee presentations

Qualifications

3 to 7 years of experience in risk management

Global financial institution / asset management firm experience preferred

Ability to identify and synthesize operational risk issues and insurance mitigation

Interest in financial markets and risk management

Strong organizational skills with experience working to deadlines in a highly dynamic environment

Excellent verbal and written communication skills, including ability to present to senior stakeholders with impact and influence

Proven track record in stakeholder management including exposure to senior stakeholders

Enthusiastic, intellectually curious and desire to understand the different areas of the firm

Ability to work in a fast-paced environment, with a strong delivery focus

Possess a Bachelor's Degree

ABOUT GOLDMAN SACHS

The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.© The Goldman Sachs Group, Inc., 2018. All rights reserved Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Vet.

19 days 23 hours ago

Goldman Sachs Group, Inc

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Risk, Insurance, Property and Casualty Insurance, Associate, Dallas Goldman Sachs Group, Inc - Dallas, TX, United States

   

Location: Dallas, TX

Company Profile:
The Goldman Sachs Group, Inc. is a leading global investment banking, securities and investment management firm that provides a wide range of financial services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals.