Senior Director - Energy Risk - Alvarez & Marsal - Houston

Job description
Senior Director, Energy Risk
Alvarez & Marsal, a leading independent global professional services firm, specializing in providing turnaround management, performance improvement and corporate advisory services, is seeking to expand its Insurance Advisory Services team. With more than 2,400 professionals based in 40 locations across North America, Europe, Asia, and Latin America, our firm excels in problem solving and value creation. Drawing on a strong operational heritage and hands-on-approach, our professionals work closely with organizations and stakeholders to help tackle complex business issues and maximize value.

A&M’s Insurance & Risk Advisory Services (IRAS) practice, with offices throughout the US, provides a full range of consulting services to companies and investors throughout the insurance sector, focusing on alleviating pressure points within healthy, underperforming and/or troubled organizations. We operate with efficient, highly experienced teams who are accustomed to solving complex problems and delivering rapid results. Unlike other advisors, A&M brings the proven capability and experience to develop and implement solutions in support of business transformations and restructurings.

Our professionals are aligned with a IRAS service line to promote the development of deep functional skills and experiences and to maximize our ability to tailor solutions to solve our clients' business issues.

Our Insurance & Risk Advisory Services include:
Risk Management Solutions
Pension and Benefit Solutions
Regulatory Support
Data and Analytics
Insurance Performance Improvement
Further, A&M’s Insurance Advisory Services professionals continue A&M’s legacy of operational leadership, problem solving, value creation and credibility:

Experienced-Operational Oriented Leadership: A&M focuses senior resources at every stage of an engagement. Proven risk management processes combined with over 20 years of operational experience provides the foundation for A&M’s unique approach.

Focus on Value, Risk and Process: A keen focus on value creation opportunities, risk identification and mitigation, coupled with an experienced understanding of acquisition and divestiture strategies, result in a competitive advantage for our clients.

Credibility, Independence and Objectivity: We pride ourselves on providing non-conflicted, independent and fact based analysis. As A&M does not sell insurance or accept commissions from any broker or carrier. Our clients can be confident that the advice they receive is only in their best interest, and there are no other conflicts or incentives at play.

RISK MANAGEMENT ADVISORY SERVICES

M&A and Restructuring Due Diligence
From any side of the table, having a thorough understanding of the insurance and risk transfer landscape minimizes costly surprises that can often jeopardize an otherwise successful transaction. In conjunction with Alvarez & Marsal’s Transaction Advisory Group, we:

Analyze adequacy of existing coverage
Analyze historical loss data and legacy claims issues
Identify unfunded liabilities or past claims
Advise on unique insurance or risk management issues specific to new operations, locations, or services
Recommend comprehensive and cost effective risk transfer techniques and products based on our in-depth review
Assist in recapturing outstanding legacy risk transfer dollars, including retrospective programs and secured retentions

Risk and Insurance Management Audits

Determine optimum risk retention levels and adequacy of limits provided
Analyze carrier quality, broker services, claims handling, captive management including commission levels and expenses
Review of current coverage forms and terms
Identify opportunities to customize or expand coverage and expose gaps due to conflicted or inconsistent terms
Evaluate all rates and premiums in relation to current market conditions to determine potential cost savings
Review of all related contractual exposures, including leases and indemnification language
Provide a comprehensive report with findings, conclusions and recommendations

Outsourced Risk Management Services

Assist with broker selection, market assignments and prepare comprehensive bid specifications
Review of broker proposals, quoted policy terms and rates for accuracy, consistency and completeness
Provide recommendations for comprehensive and cost effective programs
Conduct expert and independent review of costs and benefits of proposed programs
Establish a knowledge base for effective negotiations of coverage terms and premiums
Consistent and independent review of risk transfer programs as part of the annual renewal process

Captive consulting and management

Captive feasibility consulting and planning
Risk transfer assessment and premium charge establishment
Tax impact coordination and planning
Annual review and strategic planning for captive assets

Desired Skills and Experience
Responsibilities:
Responsible for the day-day management of the Energy Risk Management focus within A&M IRAS and development of the Southwest US Territory for IRAS.
Regular contact and cooperation with CEO, CFO, and Treasurer level client executives, Risk Managers, brokers, underwriters, and A&M client partners
Research coverage products, competitive pricing, market conditions, and market leading brokerage partners to recommend best solutions
Present recommendations to clients, and build implementation plans for execution of program to achieve results
Work with brokers to effectively market client program, build coverage requirements, review quotes, and identify coverage gaps or issues
The candidate will participate in meetings with target company management and with client personnel, and the will serve as the primary point of contact for client personnel with respect to day-to-day execution matters. Between transactions, the candidate will assist with building / maintaining client relationships.
Generation of business leads and opportunities through personal and business contacts. Ability to present our value proposition and obtain engagements for services.

Requirements:
Bachelor's degree with MBA, JD, or advanced education preferred
CPCU, CIC, ARM, or other professional insurance designations desirable
Experience in professional consultative environment working with C-level clients
The ideal candidate will have 10+ years of experience in the energy risk management and consulting arena. Will have significant experience in risk mitigation and transfer common to energy businesses. Will have contacts and knowledge of the energy insurance marketplace and key players.
The successful candidate will be driven to success, a self-starter, and have strong interpersonal and communication skills. The individual will be insightful, decisive, a critical thinker. Further, the individual will be able to work well on teams however will possess the knowledge and maturity to work with our clients independently. Specific characteristics include:
Excellent verbal and written communication skills
Must have strong project management and technical insurance skills
Ability to support verbal presentations to "C" level executives
Highly analytical mind-set
Team oriented personality
Professional in style and demeanor / exercises good judgment
Motivated, effective in a fast paced culture

Enter your email address:

Refer This Job To Your Friends And Help Them To Find Jobs!