WorcesterRecruiter
the smart solution for Worcester jobs

Finance Leadership - Chief Risk Officer

Company: Hanover Insurance Group, Inc.
Location: Worcester
Posted on: October 9, 2018

Job Description:

Our Finance department is seeking a Chief Risk Officer to join our growing team in our Worcester, MA office.Reporting directly to the Chief Financial Officer, this executive leadership position will be responsible for providing company-wide strategic and tactical leadership in establishing the organization's risk appetite and in overall identification, assessment, communication, measurement and management of enterprise risk, including regulatory compliance. The Chief Risk Officer works in close cooperation with executive team peers across the organization to help drive business growth, achievement of strategic goals and maintenance of a balanced risk/reward framework.This individual will be responsible for effective management of all key insurance, market, credit, operational, investment, cyber and strategic risks for the organization.This is a Full-time, Exempt role. Responsibilities: * Risk Vision & Appetite: * Evolving a risk strategy that supports and is aligned with the business' strategy and objectives * Defining a risk appetite that enables the business to monitor and take risks based upon defined criteria (i.e., acceptable risk levels) and reinforcing the critical role that managers play in owning and managing risk * Establishing and monitoring metrics to proactively identify, monitor and respond to risks that impact business objectives * Providing thought leadership on the control framework; establish, maintain and evolve the framework for monitoring and analyzing risk, including the supporting data, tools and technology * Interacting and partnering with selected external constituents, i.e. Rating Agencies, regulators and other external constituents as appropriate * Continue to enhance and develop the risk management functionRisk Governance: * Facilitating risk reporting, including providing leadership visibility to the organization's risk profile in order to effectuate decision-making * Maintaining policies and procedures outlining expected risk management practices * Developing a robust and fully embedded risk management culture aligned with the company's philosophies and goals * Reviewing and recommending action on significant risk issues, trends, practices and loss events * Reviewing and approving the criteria and processes by which the risks associated with new offerings, new ventures, etc. are assessed and managed * Leading the industry in effectiveness and foresight and building this discipline into an area of competitive differentiation * Identifying risk management "best practices" from within the company, or from external sources and sharing these practices with the business unit heads * Advising on risk relating to new initiatives, strategic decision making and major changes in strategyRisk Processes: * Facilitating risk management processes such as risk assessments, control assessments, risk reporting and issue management * Maintaining an enterprise-wide risk register, including policies, controls and issues * Facilitating and supporting risk mitigation and management strategies * Evaluating risk categories and business units' risks at an aggregated level and report risk information to the CFO/CEO, and where appropriate the board, linking risk management with business performance and ensuring compliance with risk management policy requirementsTechnology Enablement: * Leveraging available tools and technologies to automate risk management activities, including risk assessments, risk reporting, issue management, monitoring/testing and policy administration. Requirements: * 15+ years of experience owning a risk function (e.g., enterprise risk management, cybersecurity, internal controls) in a property & casualty company * Strong leadership of the risk function, attracting, developing and retaining highly talented professionals to ensure the company has a reputation for excellence in the provision of Risk Management * Strong decision-making, communication, and collaboration skills, including the ability to work effectively with others at all levels and business functions (e.g., finance, IT, HR, audit) across the organization and to convey risk management concepts in a manner that can be understood by non-risk professionals. * Capacity for providing strategic thought and intellectual leadership both internally and externally while simultaneously effectuating change on a granular basis * Ability to multi-task, manage multiple priorities and work projects, assess relevant regulatory information, identify potential exposures/gaps, summarize conclusions, construct and present recommendations, collaborate on the design,/testing/implementation of controls, and evaluate control results. * Demonstrates strong project and issues management capabilities, including assigning clear accountability and ownership for completing tasks or resolving issues * Proven ability to work collaboratively and persuasively across the organization to leverage available resources and talent to drive remediation activities to completion * Leverages multi-disciplinary resources to efficient and effectively solve problems * Well-developed analytical and problem-solving skills, as well as flexibility and adaptability are of key importance; able to analyze and present complex data or information in a clear, concise and effective manner * Mentors and develops team and provides resources with opportunities that enable career development EEO Statement: "The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law. Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law." As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. If you require a reasonable accommodation, as a candidate for employment, please inform The Hanover Talent Acquisition office.SDL2017

Keywords: Hanover Insurance Group, Inc., Worcester , Finance Leadership - Chief Risk Officer, Accounting, Auditing , Worcester, Massachusetts

Click here to apply!

Didn't find what you're looking for? Search again!

I'm looking for
in category
within


Other Accounting, Auditing Jobs


Representative Payee Administrator
Description: Job ID 2018-3750Job Location Worcester, Massachusetts, United StatesCategory Accounting/FinanceType Regular Full-TimeResponsibilities br br ul li Maintain Central Accounts for Representative Payee (more...)
Company: The Bridge of Central Mass
Location: Worcester
Posted on: 10/15/2018

financial advisor
Description: Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with nearly 14,000 Financial Advisors in the United (more...)
Company: Edward Jones
Location: Providence
Posted on: 10/15/2018

Inpatient and Outpatient Coding Compliance Auditor
Description: The Inpatient and Outpatient Coding Compliance Auditor will provide expert auditing services across various hospitals for Inpatient and all Outpatient services. Review documentation and related coding (more...)
Company: mommy jobs online
Location: Chicopee
Posted on: 10/15/2018


Staff Accountant
Description: Description The Staff Accountant assists the Accounting Manager in ensuring the accuracy and integrity of the data in the general ledger. The Staff Accountant will play a key role in assisting the Accounting (more...)
Company: Franciscan Children's
Location: Brighton
Posted on: 10/15/2018

Earn cash this summer. Deliver with Uber!
Description: Delivering with Uber is an easy way to earn money in your spare time. You sign up, deliver whenever it works for you, and get paid every week. br Why deliver with Uber ul li Flexibility: With Uber, (more...)
Company: Uber Eats
Location: Pawtucket
Posted on: 10/15/2018

financial advisor
Description: Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with nearly 14,000 Financial Advisors in the United (more...)
Company: Edward Jones
Location: Chelsea
Posted on: 10/15/2018

financial advisor
Description: Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with nearly 14,000 Financial Advisors in the United (more...)
Company: Edward Jones
Location: Somerville
Posted on: 10/15/2018

Tax Accounting Co-Op
Description: Tax Accounting Co-Op ID 2Job Location s US-MA-LexingtonPosition Type Temporary - Full TimeMore information about this job:Overview Mimecast's Accounting, Tax and Treasury group located in Lexington, (more...)
Company: Mimecast Services Limited
Location: Lexington
Posted on: 10/15/2018

Financial Services Representative
Description: Begin a career that allows you to leverage your personal drive, your people skills, and your commitment to helping others. As a Financial Services Representative with Barnum Financial Group, you'll develop (more...)
Company: Barnum Financial Group
Location: Warwick
Posted on: 10/15/2018

financial advisor
Description: Prepare yourself for a brand new career - one where your success is completely in your hands. Edward Jones is a privately owned financial-services leader with nearly 14,000 Financial Advisors in the United (more...)
Company: Edward Jones
Location: Boston
Posted on: 10/15/2018

Log In or Create An Account

Get the latest Massachusetts jobs by following @recnetMA on Twitter!

Worcester RSS job feeds