Enterprise Risk Management Consultant

We know how companies can unlock potential through effective risk management. Our clients rely on us to craft strategies to identify, assess, mitigate, and transfer risk, taking advantage of our specialist industry experience and unparalleled market know-how. The result is a new way of embracing risk that drives superior results.

Our Risk & Analytics business falls under WTW’s Corporate Risk and Broking Segment. The business supports an integrated approach to risk management by advancing “the analytical broker”. Our offerings include deep expertise on specific client needs as well as holistic analysis.

We have an exciting opportunity as an Enterprise Risk Management Consultant within our

North America Enterprise Risk Consulting

practice, helping to scale our offerings and shape a rapidly growing team.

This role provides the candidate with an opportunity to join our Strategic Risk Consulting team as an Enterprise Risk Consultant with significant experience leading projects and managing people to continue developing our ERM value proposition. This is an innovative and engaging consulting practice that has grown rapidly over the last 3 years. The role is highly collaborative working not only with clients and fellow ERM consultants, but also with climate specialists, statisticians, actuaries, workplace safety specialists, engineers, hydrologists, cyber experts and other specialists throughout WTW.

We currently work with some of the world’s largest and complex organizations to assess and manage their strategic risks. We also work with smaller organizations early in their ERM journey’s. We work across many industries including Food & Beverage, Professional Services, Transportation / Logistics, Energy, Construction, Manufacturing and others. The role may involve frequent travel, depending on client preferences as well as conferences.

This position will serve as the strategic partner and trusted advisor to clients in the design and implementation of their enterprise risk strategy and serve as a manager and mentor internally.

Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity.

The Role

• Proactively advise clients at both Board and operational levels in their strategic risk management and ensure the delivery of superior client service. Projects will include:
  
  
  
  • Identification and prioritization of enterprise risks including creation of Risk Registers contemplating impact, likelihood, velocity, current controls, and determination of Key Risk Indicators
  
  
  • Advising on ERM maturity including governance, process and application
  
  
  • Assessment of risk appetite and tolerance
  
  
  • Supporting the implementation of integrated strategic and operational risk management processes in complex decentralized global businesses
  
  
  • Assuring good governance and oversight in reducing risk.
  
  
  • Quantification of risk and ROI of risk controls, working in partnership with cat/climate modelers, actuaries, statisticians, and finance experts and using WTW modelling tools.
  
  


• Conduct final review of deliverables to ensure alignment to client objectives, leverage of optimal WTW recommendations, services and solutions, and adherence to WTW professional excellence standards.


• Support growth of Corporate Risk and Broking revenue by anticipating client needs, preparing proposal, pitching ERM while identifying opportunities for other areas of the business.


• The ability to travel on an “as needed” basis if required

Manager of People:

• Responsible for managing, motivating and developing the skills, competencies and knowledge of team members in line with WTW HR policies and procedures, including overseeing and managing of staff appraisals and objective setting


• Maintain staff competence by ensuring that staff skills or knowledge gaps are met with appropriate training and development so they are able to perform to their maximum capability and fulfil their potential and the requirements of the business


• Promote an environment that promotes respect for the individual employee and adheres to the policies and guidelines of the company


• Manage the performance of direct reports with clear pre-set objectives and regular feedback on their performance, ensure performance appraisals are conducted in line with the firms’ standards


• Provide leadership, direction, advice and guidance to direct reports maintaining high levels of integrity, motivation and morale

The Requirements

• At least 10 years risk management consulting or relevant experience
• At least 5 years of consulting experience
• Intellectual curiosity to deliver insightful analysis on tight deadlines.
• Excellent communications skills and project management skills
• Risk Management experience
• Interest in creating thought leadership preferred.
• Basic understanding about the insurance market and risk financing
• Ability to manage people maintaining high professional standards while supporting a positive team atmosphere.
• Strong PowerPoint and MS Word skills, with extensive experience creating clear, concise, and visually appealing client deliverables.

Compensation and Benefits

Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation

The base salary compensation range being offered for this role is $150,000-$190,000 USD.
This role is also eligible for an annual short-term incentive bonus

Company Benefits

WTW provides a competitive benefit package which includes the following (eligibility requirements apply):
Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
Leave Benefits: Paid Holidays, Annual Paid Time Off (includes paid state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave) Paid Time Off (Washington State only)
Retirement Benefits: Contributory Pension Plan and Savings Plan (401k). Certain senior level roles may also be eligible for non-qualified Deferred Compensation and Deferred Savings Plans.