Live chat
CNA.

Submission for the position: Director - Enterprise Risk - (Job Number: FIN0001CH)

CNA. - Chicago, IL

177244','true','177244','false','Submission for the position: Director - Enterprise Risk - (Job Number: FIN0001CH)','false','177244','false','true','https://cna.taleo.net/careersection/jobdetail.ftl?job=FIN0001CH&lang=en','Director - Enterprise Risk','true','Director - Enterprise Risk','FIN0001CH','','','!*!

Job Summary

Director level, reporting to the VP Risk & Economic Capital, responsible for the delivery of the enterprise risk management framework, providing risk management expertise and consultancy to senior management, boards and committees to ensure risk owners manage and mitigate their risks effectively. Key responsibilities include risk reporting and supporting analytics, ensuring adherence to stated risk tolerances, coordinating stress & scenario testing analyses, driving adoption of other risk-related activities such as a Group Emerging Risk Framework and Model Risk Management, and other risk reporting work as needed for CNA’s quarterly Corporate Risk Committee meetings. This role is also responsible for coordination of ‘Own Risk & Solvency Assessment’ (ORSA) regulatory-related work such as the annual update of the

U.S. ORSA Report and rating agency presentations. Position works closely with Risk teams in the U.K. and Canada to ensure enterprise consistency and leads a team of 2-3 professionals.

Essential Duties and Responsibilities

Performs a combination of duties in accordance with divisional guidelines:

Supports development of and implements strategic objectives with substantial impact on the Enterprise Risk function in alignment with the overall group business plan and strategy.

Ensures Risk processes and procedures are aligned with group operating model, including the risk and governance framework.

Optimizes business performance management by providing accurate and timely management information

Partners with Actuarial, Finance, Underwriting and other internal departments to establish a cycle of feedback and collaboration.

Develops presentations for senior management

Fosters innovation and empowers others to take calculated risks and continuously improve skill, efficiency and quality of work

Remains current on issues and regulations, industry activity and trends. May represent the company in industry trade groups.

Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent development and succession planning in accordance with corporate strategic direction.

Other duties as assigned.

Reporting Relationship

Typically AVP and above

Skills, Knowledge & Competencies

Advanced communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships internally and externally.

Solid track record of sound judgment and business acumen

Ability to proactively anticipate issues and drive initiatives that achieve results

Change agent that can identify opportunities for process improvement and execute on them

Ability to operate effectively in a matrix organization and work well under pressure and to tight deadlines

Strong project management discipline and approach

High Energy level and strong sense of urgency

Education, Experience, and Certifications

Bachelor’s degree with Master’s preferred in accounting or finance or a related discipline, or equivalent.

Typically a minimum of ten years of related insurance and/or risk experience, with three to five years of management experience.

Experience with project management is required.

Applicable certifications encouraged e.g. CPCU, CFA, PRM, FRM and/or MBA.

Job Summary

Director level, reporting to the VP Risk & Economic Capital, responsible for the delivery of the enterprise risk management framework, providing risk management expertise and consultancy to senior management, boards and committees to ensure risk owners manage and mitigate their risks effectively. Key responsibilities include risk reporting and supporting analytics, ensuring adherence to stated risk tolerances, coordinating stress & scenario testing analyses, driving adoption of other risk-related activities such as a Group Emerging Risk Framework and Model Risk Management, and other risk reporting work as needed for CNA’s quarterly Corporate Risk Committee meetings. This role is also responsible for coordination of ‘Own Risk & Solvency Assessment’ (ORSA) regulatory-related work such as the annual update of the

U.S. ORSA Report and rating agency presentations. Position works closely with Risk teams in the U.K. and Canada to ensure enterprise consistency and leads a team of 2-3 professionals.

Essential Duties and Responsibilities

Performs a combination of duties in accordance with divisional guidelines:

Supports development of and implements strategic objectives with substantial impact on the Enterprise Risk function in alignment with the overall group business plan and strategy.

Ensures Risk processes and procedures are aligned with group operating model, including the risk and governance framework.

Optimizes business performance management by providing accurate and timely management information

Partners with Actuarial, Finance, Underwriting and other internal departments to establish a cycle of feedback and collaboration.

Develops presentations for senior management

Fosters innovation and empowers others to take calculated risks and continuously improve skill, efficiency and quality of work

Remains current on issues and regulations, industry activity and trends. May represent the company in industry trade groups.

Leads, directs and has full management accountability for staff in area of responsibility with an emphasis on talent development and succession planning in accordance with corporate strategic direction.

Other duties as assigned.

Reporting Relationship

Typically AVP and above

Skills, Knowledge & Competencies

Advanced communication, influencing and negotiation skills with the ability to develop and maintain collaborative relationships internally and externally.

Solid track record of sound judgment and business acumen

Ability to proactively anticipate issues and drive initiatives that achieve results

Change agent that can identify opportunities for process improvement and execute on them

Ability to operate effectively in a matrix organization and work well under pressure and to tight deadlines

Strong project management discipline and approach

High Energy level and strong sense of urgency

Education, Experience, and Certifications

Bachelor’s degree with Master’s preferred in accounting or finance or a related discipline, or equivalent.

Typically a minimum of ten years of related insurance and/or risk experience, with three to five years of management experience.

Experience with project management is required.

Applicable certifications encouraged e.g. CPCU, CFA, PRM, FRM and/or MBA.

 ','CNA is an Equal Opportunity Employer committed to a diverse work culture. M/F/D/V.','CNA is an Equal Opportunity Employer committed to a diverse work culture. M/F/D/V.','Finance and Accounting','Finance and Accounting','United States-Illinois-Chicago','United States-Illinois-Chicago','','','FIN-ERM-Capital Modeling','FIN-ERM-Capital Modeling','Dec 5, 2017','Dec 5, 2017','Ongoing','Ongoing','','','false','false','177244','177244','true','177244','false','Submission for the position: Director - Enterprise Risk - (Job Number: FIN0001CH)','false','177244','false','true','https://cna.taleo.net/careersection/jobdetail.ftl?job=FIN0001CH&lang=en','Director - Enterprise Risk','true

9 days 9 hours ago

CNA.

apply

Submission for the position: Director - Enterprise Risk - (Job Number: FIN0001CH) CNA. - Chicago, IL, United States

   

Location: Chicago, IL

Company Profile:
Since 1897, CNA has been providing outstanding service and an ongoing commitment to building long-term relationships, earning us a reputation for being a carrier that inspires trust. At CNA, we take pride in our ability to offer innovative products and services that meet the evolving needs of our customers and business partners alike. As the 7th largest U.S. commercial insurer and the 13th largest U.S. property & casualty insurer, we provide insurance protection to more than one million businesses and professionals in the U.S. and internationally. We understand the importance of being where our customers are. Headquartered in Chicago, CNA has offices throughout the U.S., Canada and Europe. In these locations, we work with highly professional independent agents and brokers to ensure our customers receive the personal service and attention they look for in a carrier.