Capital One Associate, Corporate Insurance Risk Management in Richmond, Virginia

West Creek 3 (12073), United States of America, Richmond, Virginia

At Capital One, we’re building a leading information-based technology company. Still founder-led by Chairman and Chief Executive Officer Richard Fairbank, Capital One is on a mission to help our customers succeed by bringing ingenuity, simplicity, and humanity to banking. We measure our efforts by the success our customers enjoy and the advocacy they exhibit. We are succeeding because they are succeeding.

Guided by our shared values, we thrive in an environment where collaboration and openness are valued. We believe that innovation is powered by perspective and that teamwork and respect for each other lead to superior results. We elevate each other and obsess about doing the right thing. Our associates serve with humility and a deep respect for their responsibility in helping our customers achieve their goals and realize their dreams. Together, we are on a quest to change banking for good.

Associate, Corporate Insurance Risk Management

Corporate Insurance Risk Management’s 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 develop their career in risk management and insurance.

The Risk Specialist 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 CIRM’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:

  • Support corporate insurance policy procurement activities

  • Support corporate insurance consultation activities

  • Facilitate the enterprise-wide loss prevention and loss control program

  • Assist with monitoring third party insurance requirements

  • Respond to requests from our insurance broker and carrier partners

  • Assist with data collection related to insurance renewals and claims

  • Support corporate insurance risk management department operations

  • Assist with day-to-day claims administration as a backup where needed

Characteristics Desired:

  • Strong written and verbal communication

  • Demonstrate exceptional teamwork and customer-focus skills

  • Strong project management skills with the ability to prioritize and manage multiple tasks

  • Strong analytical and problem-solving skills

Basic Qualifications:

  • High School Diploma/GED OR Military experience

  • At least 1 Year of experience related to commercial lines of insurance

Preferred Qualifications:

  • Bachelor’s Degree in Risk Management, Finance or a related field

  • Two years of experience in corporate insurance risk management or insurance claims management

  • Familiarity with a Risk Management Information System (RMIS)

  • Completion or work towards a Certified Insurance Counselor (CIC) OR Certified Risk Manager (CRM) OR Associate in Risk Management (ARM) OR Chartered Property Casualty Underwriter (CPCU) designation

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