WorcesterRecruiter
the smart solution for Worcester jobs

Finance Leadership - Chief Risk Officer

Company: Hanover Insurance Group, Inc.
Location: Worcester
Posted on: November 10, 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, Executive , Worcester, Massachusetts

Click here to apply!

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

I'm looking for
in category
within


Other Executive Jobs


Engineering Manager
Description: Let companies apply to you, not the other way around. Sign up with Hired to get access to thousands of companies currently hiring Engineering Managers. Are you an Engineering Manager You will be responsible (more...)
Company: Hired
Location: Allston
Posted on: 11/15/2018

Engineering Manager
Description: Let companies apply to you, not the other way around. Sign up with Hired to get access to thousands of companies currently hiring Engineering Managers. Are you an Engineering Manager You will be responsible (more...)
Company: Hired
Location: South Walpole
Posted on: 11/15/2018

Restaurant Assistant Manager- Lexington, MA
Description: WHO WE AREPR Management Corp. knows there's only one way to become New England's best restaurant organization: a passion for being the very best. We're the region's leading franchisee of Panera Bread, (more...)
Company: Panera Bread (PR Management Corp)
Location: Lexington
Posted on: 11/15/2018


Director of Instruction and Teacher Development
Description: Job Title: Network Director of Instruction and Teacher Development br br Philosophy br br Phoenix Charter Academy's mission is to challenge young people in our area with an academically rigorous (more...)
Company: Phoenix Charter Academy
Location: Boston
Posted on: 11/15/2018

Engineering Manager
Description: Let companies apply to you, not the other way around. Sign up with Hired to get access to thousands of companies currently hiring Engineering Managers. Are you an Engineering Manager You will be responsible (more...)
Company: Hired
Location: Dedham
Posted on: 11/15/2018

Office Manager - Emergency Department
Description: Job SummaryThe Emergency Services Office Manager provides comprehensive support to the Chair of Emergency Services. The Emergency Services Office Manager plans, organizes, implements, and manages the (more...)
Company: Emerson Hospital
Location: Concord
Posted on: 11/15/2018

HBD-BCS-F FMS Financial Manager Level II with Security Clearance
Description: THE COMPANY -- MCR offers its employees a professional environment with career movement, competitive benefits including medical, vision, dental, vacation, 401K with immediate vesting, tuition reimbursement, (more...)
Company: MCR, LLC
Location: Bedford
Posted on: 11/15/2018

Information Technology Manager - Service Delivery with Security Clearance
Description: Smartronix Inc., a Premier Amazon Web Services Consulting Partner, a Microsoft Gold partner and a Premier Google Cloud Platform partner, is currently seeking a hands-on Cloud Service Delivery Manager (more...)
Company: Smartronix
Location: Boston
Posted on: 11/15/2018

Quality Assurance Manager
Description: Quality Assurance Manager Managerial role in Quality Management within the Medical Device Industry Located near Boston, MA COMPENSATION Base Salary Full Benefits JOB DESCRIPTION The Quality Assurance (more...)
Company: Ajulia Executive Search
Location: Boston
Posted on: 11/15/2018

HBU Financial Management Level II with Security Clearance
Description: THE COMPANY -- MCR offers its employees a professional environment with career movement, competitive benefits including medical, vision, dental, vacation, 401K with immediate vesting, tuition reimbursement, (more...)
Company: MCR, LLC
Location: Bedford
Posted on: 11/15/2018

Log In or Create An Account

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

Worcester RSS job feeds