Job Description
JOB DESCRIPTION This position is with the Global Enterprise Risk Management group reporting to the Vice President of Risk Insights under the direction of the Chubb Chief Risk Officer, and is based in Philadelphia, PA. The Enterprise Risk Management team is responsible for establishing and implementing the Enterprise Risk Management Framework, which includes the identification, monitoring, measurement, and assessment of risks and controls. The team assists Product Boards, Risk Committees and the Executive Risk and Underwriting Committee in the review and oversight of Chubb Ltd's insurance, financial, strategic and operational risks.
The candidate will oversee and provide strategic guidance regarding the Chubb enterprise GRC (governance, risk and compliance) processes, reports and presentations to the various Risk Committees, and drive efforts on risk guidance documents including the risk management framework, control guidance and risk tolerance strategies. The candidate will use risk management and insurance knowledge to ensure that Chubb maintains a best-in-class enterprise risk management program, while leveraging new-technologies and capabilities. The candidate will collaborate with other functions within and outside of the Enterprise Risk Management team. The candidate will collaborate with and/or manage onshore/offshore staff.
MAJOR DUTIES & RESPONSIBILITIES: - Develop and maintain ERM documentation such as policy standards, procedures, and guidelines while enhancing processes, tools, and templates.
- Draft, contribute to, edit and deliver presentations that aid in design, development, refinement and usage of risk methods.
- Assess, implement and ensure ongoing compliance with US and international law and regulations working to ensure effective collaborations within the team and across stakeholder groups
- Participate in risk and other management forums and contribute to continuous improvement of risk and project/program management practices
- Execute core processes aligned with governance expectations and alignment with governance expectations.
- Develop and enhance the risk governance and committee frameworks, enhance risk and control library, create a risk tolerance library
- Implement a strategy on risk maturity and journey mapping
- Participate in the Own Risk and Solvency (ORSA) process globally
- Provide guidance and reporting related to issues management and remediation tracking
- Lead the development and implementation of enterprise-wide risk control frameworks
- Leverage technology where applicable to automate and/or drive insights
- International travel may be expected
QUALIFICATIONS - At ABOUT US Chubb is a world leader in insurance. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance to a diverse group of clients. The company is distinguished by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength, underwriting excellence, superior claims handling expertise and local operations globally. At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion, and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin, ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law. Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliation against any individual who reports discrimination or harassment.
Job Tags
Permanent employment, Local area, Offshore,