Job Description

Director, Risk Management

The Director, Risk Management develops, recommends and administers a risk management program that will effectively protect Company assets at the most economical rates and is keeping with in the objectives established by the Company.

Major Responsibilities:

• Develops, implements, administers and maintains the Company’s insurance programs including the negotiation of premiums; deductibles/retentions; and terms and conditions
• Manages insurance broker and underwriter relationships and serves as primary day-to-day point of contact with service providers
• Supervises third party claims administrator in handling all Auto and General Liability claims; provides authority to adjusters; directs funding for claims payments for all claims including payments for Workers’ Compensation claims
• Coordinates loss prevention activities at operating facilities
• Leads the annual Corporate Risk Assessment process to compile senior leadership’s risk identification, scoring and mitigation plans
• Provides risk management and insurance expertise to operations and staff departments throughout the Company
• Determines contractual insurance requirements and supervises required periodic reporting
• Reviews allocation and analysis of insurance charges among operating units and departments
• Prepares data and provides analysis for insurance program submissions, audits and internal studies

Supervisory Relationships:

• Position Reports To: VP, Treasury and Investor Relations
• Subordinate Positions: Risk Analyst, Sr. Risk Analyst

Incumbent Attributes:

• BS/BA in a related field (Engineering, Finance or Risk Management preferred)
• Advanced degree and professional accreditations (Associate in Risk Management - ARM, Chartered Property and Casualty Underwriter - CPCU, etc) desirable
• At least 10 years of professional experience in complex property/casualty claims and policy administration, or commensurate experience in a related field
• Must be able to interact effectively with management at both corporate and operating unit levels

Position Scope/Contribution:

The Director, Risk Management will be responsible for annual premiums in excess of $40,000,000 a team of 3 risk professionals, and a department budget of $2 million. The incumbent’s management of risk and claims can have a direct impact on the Company operations and costs. This position deals with all levels of management within the Company and serves as the Company’s representative and intermediary to the risk management and insurance industry (.e.g. brokers, insurers, legal counsel). The role establishes and implements processes and procedures to meet departmental internal controls requirements while ensuring that established processes/procedures are followed as designed. Works with Internal Audit Department to identify deficiencies in existing processes/procedures, the need for new ones, and the extent to which such processes/procedures are being followed. The Director, Risk Management develops and implements corrective actions with regard to department internal controls as necessary.

What We Offer:

You’ll enjoy competitive compensation, consisting of base pay plus an incentive program available to all full-time employees, and a comprehensive benefits package including high-quality healthcare options, a well-being incentive program, 401k, life and disability insurance, generous time off (with time off to volunteer) and much more! Additionally, we offer several Flexible Work Arrangements to support a healthy work-life balance.

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