Operational Risk Manager - Palms
Apply now »Date: May 27, 2025
Location(s): North Palm Beach, FL, US, 33408
Company: NextEra Energy
At PALMS Insurance, a NextEra Energy company, we specialize in offering customized insurance solutions that address the unique needs of our clients. Our commitment to excellence, reliability, and customer satisfaction sets us apart as a trusted provider in the insurance industry. Are you ready to make a meaningful difference? Become a part of our team today.
Position Specific Description
We are seeking an experienced Operational Risk Manager with a background in the insurance industry to join our team. The ideal candidate will be responsible for identifying, assessing, monitoring, and mitigating operational risks specific to insurance operations. They will work closely with various departments to implement risk management strategies, policies, and procedures, following industry best practices.
Job Overview
This position will be responsible for identifying, assessing, monitoring, and mitigating operational risks specific to insurance operations. They will work closely with various departments to implement risk management strategies, policies, and procedures, following industry best practices.
Job Duties & Responsibilities
- Develop and implement an effective operational risk management framework specific to the insurance industry in line with regulatory requirements and industry best practices.
- Identify, assess, and prioritize operational risks inherent in insurance operations, including underwriting, claims processing, operations, finance, actuarial, and regulatory compliance
- Conduct risk assessments and scenario analyses to quantify and evaluate potential impacts and likelihood of operational risks, considering industry-specific factors
- Work closely with underwriting, claims, actuarial, and other business units to develop and implement risk mitigation plans and controls
- Monitor key risk indicators (KRIs) relevant to the Company and create performance metrics to track the effectiveness of risk mitigation efforts and escalate issues as necessary
- Provide risk management guidance and support to insurance business units and senior management, including training and awareness programs on industry-specific risks
- Review and assess the adequacy of existing insurance policies, procedures, and controls to mitigate operational risks and recommend enhancements as needed
- Conduct periodic risk reviews and assessments of departments to ensure compliance with internal policies, insurance regulations, and industry standards
- Collaborate with NEE internal audit, compliance, and other relevant functions to coordinate risk management activities specific to the Company and ensure alignment of objectives
- Performs other job-related duties as assigned
Required Qualifications
- Bachelor's Degree
- Experience: 8+ years
Preferred Qualifications
- Master's - Business Administration
NextEra Energy offers a wide range of benefits to support our employees and their eligible family members. Click here to learn more.
Employee Group: Exempt
Employee Type: Full Time
Job Category: Finance, Accounting & Business Analytics
Organization: Palms Management Services, LLC
Relocation Provided: Yes, if applicable
NextEra Energy is an Equal Opportunity Employer. Qualified applicants are considered for employment without regard to race, color, age, national origin, religion, marital status, sex, sexual orientation, gender identity, gender expression, genetics, disability, protected veteran status or any other basis prohibited by law.
NextEra Energy provides reasonable accommodation in its application and selection process for qualified individuals, including accommodations related to compliance with conditional job offer requirements, consistent with federal, state, and local laws. Supporting medical or religious documentation will be required where applicable and permitted by applicable law. To request a reasonable accommodation, please send an e-mail to recruiting-coordinator.sharedmailbox@nexteraenergy.com, providing your name, telephone number and the best time for us to reach you. Alternatively, you may call 1-844-694-4748. Please do not use this line to inquire about your application status.
NextEra Energy will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information.
NextEra Energy does not accept any unsolicited resumes or referrals from any third-party recruiting firms or agencies. Please see our policy for more information.
Nearest Major Market: Palm Beach
Nearest Secondary Market: Miami