Leader of the Enterprise Risk Management (ERM) team focused on risk management effectiveness for North America Liability Lines, which include North America Primary Casualty, Excess Casualty, Financial Lines, and Cyber businesses. The role reports into the Chief Risk Officer for General Insurance within the Global ERM organization and will serve as the ERM function's business partner for the GI Liability Lines leaders.
- Oversee the effectiveness of risk management within North America Liability Lines businesses, across all risk types, including but not limited to insurance, operational, market, credit, model and technology risks.
- Provide a risk perspective and effective challenge to the strategies and budgets for North America Liability Lines businesses.
- Strengthen risk management culture within the lines of business, ensuring proper balance between growth, profitability and risk, including contemplation of our performance incentive structure.
- Partner with ERM and business colleagues on the design and methodology for man-made catastrophe realistic disaster scenarios, exposure concentration analyses, and cyber catastrophe modeling.
- Steer aggregate and allocated economic capital calculation methodology and enhancement of uses in pricing and portfolio management, in partnership with ERM Risk Analytics and business teams.
- Facilitate effective challenge to technical pricing and reserving approaches in partnership with ERM's Actuarial Challenge team.
- Review the design and implementation by the Chief Underwriting Officer of risk limits and tolerances in accordance with the Statement of Risk Appetite.
- Produce risk reporting and other management information for increasing transparency and proactive management of key risks within North America Liability Lines businesses.
- Partner with Operational Risk and Technology Risk staff to facilitate the maintenance of business-unit risk registers and related risk identification, assessment and action Prioritize and oversee risk reviews of North America Liability lines business activities and formally monitor resulting action items.