Associate Director – Operational Risk, Corporate Insurance

Group 1001

Associate Director managing operational risk and corporate insurance at Group 1001. Driving risk management practices and enhancing corporate insurance alignment with strategic objectives.

Posted 4/29/2026full-timeIndianapolis • 🇺🇸 United StatesSeniorWebsite

About the role

Key responsibilities & impact

Execute and coordinate risk activities, including risk assessments, issue management, and the monitoring and reporting of Key Risk Indicators (KRIs), risk appetite metrics, and emerging risks.
Collaborate with various operational risk disciplines to provide a comprehensive view of interdependent and correlated risks, using strong influencing and negotiation skills to proactively address potential exposures.
Prepare governance reports and communications to senior leadership on changes to the operational risk profile, recommending risk mitigation strategies and solutions.
Partner with business stakeholders to ensure commercial insurance coverage remains aligned with evolving business needs and regulatory requirements.
Assist in the procurement and renewal of all corporate and subsidiary commercial insurance policies, engaging with brokers and carriers, providing updated company information, and completing renewal applications.
Coordinate and report on commercial insurance claims activity, including placing carriers on notice, updating internal stakeholders, and ensuring timely and accurate resolution.
Respond to Certificate of Insurance requests and provide ongoing risk management advisory support.
Build and maintain strong relationships with key stakeholders across the organization, including business units, risk management teams, and senior leadership.
Collaborate with internal partners to align operational risk initiatives with strategic business objectives and regulatory compliance requirements.
Lead or support risk management projects and initiatives, providing subject matter expertise and promoting a culture of risk awareness and continuous improvement.
Prepare and present operational and enterprise risk management reports, communicating key findings, trends, and recommendations to various business areas and leadership teams.
Utilize advanced data management and analytical tools to identify and assess operational risk exposures and support data-driven decision-making.

Requirements

What you’ll need

Bachelor’s degree or equivalent business experience in Risk Management, Business Administration, or a related field; equivalent business experience may be considered.
Minimum of 5+ years of experience in risk management, operations management, information security, vendor management, or a related discipline.
In-depth understanding of various commercial insurance products, such as property, liability, workers' compensation, cyber, and business interruption insurance.
A confident self-starter who can work with minimal supervision and is willing to learn and grow within the role.
Familiarity with annuity products and insurance company operations is highly valued.
Property or health product experience is a plus.
Excellent analytical, organizational, and decision-making abilities with a strong attention to detail.
Proven ability to operate effectively in both technical and business process environments.
Strong business acumen, initiative, and the capacity to forge and sustain relationships in a complex organizational setting.
Advanced proficiency in Microsoft Office (Excel, Outlook, Word, PowerPoint); experience with AuditBoard or similar systems is a plus.
Relevant professional certifications (e.g., ARM, CRM, CRMP) are highly preferred.

Benefits

Comp & perks

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package.
Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.
Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability.
All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.
Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools

risk managementissue managementrisk assessmentsdata managementanalytical toolscommercial insurance productsvendor managementoperational riskdecision-makingorganizational skills

Soft Skills

influencing skillsnegotiation skillsrelationship buildingself-starterattention to detailbusiness acumeninitiativecommunication skillscollaborationproblem-solving

Certifications

ARMCRMCRMP