Risk Associate, Corporate Risk Management

West Creek 3 (12073), United States of America, Richmond, VirginiaRisk Associate, Corporate Risk Management

Associate, Insurance Strategy & Management

Insurance Strategy & Management’s (ISM) objective is to partner with internal clients and an external supplier network to minimize insurance related risks to Capital One by utilizing world-class risk management and insurance marketplace capabilities. This role is an exciting opportunity for those looking to further their career in risk management and insurance.

The Associate in this role will play a performing role in the Corporate Insurance Risk Management function, supporting the team in its work to procure insurance policies for the enterprise, to monitor third party insurance risk transfer, and to support ISM’s insurance consulting across the enterprise. This Associate will also be responsible for supporting a broad range of risk management and insurance initiatives. 

Specific responsibilities include, but are not limited to:

• Monitor and analyze new and renewal certificates of insurance for compliance with Capital One contract requirements 

• Support corporate insurance consultation activities

• Provide evidence of Capital One’s insurance to third party vendors

• Update and maintain job aids and internal team sites 

• Assist in managing insurance broker and carrier relationships

• Respond to requests from our insurance broker and carrier partners

• Support the corporate insurance risk management department operations

• Support day-to-day management activities of capital one’s captive insurance company 

• Claim support for Financial and Professional Lines of coverage

Characteristics Desired:

• Demonstrate exceptional teamwork and customer focus skills   

• Ability to work independently with the ability to prioritize and manage multiple tasks

• Curiosity and diligence in exploring new/possible risk transfer solutions

• Strong written and verbal communication                      

• Strong analytical and problem solving skills

Basic Qualifications:

• Bachelor's Degree or Military Experience

• At least 1 year of experience in commercial lines insurance or commercial insurance risk management or commercial insurance brokerage or commercial insurance underwriting.

Preferred Qualifications:

• Bachelor’s Degree in Risk Management, Communication, or Finance/Accounting

• 2 years of experience in commercial lines insurance, commercial insurance risk management, commercial insurance brokerage, OR commercial insurance underwriting.

• Management Liability Insurance Specialist (MLIS) OR Certified Insurance Counselor (CIC) OR Certified Risk Manager (CRM) OR Associate in Risk Management (ARM) OR Chartered Property Casualty Underwriter (CPCU) OR Associate in General Insurance (AINS)

At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at the Capital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

No agencies please. Capital One is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City’s Fair Chance Act; Philadelphia’s Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at [email protected]. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to [email protected]

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Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).