Director of Risk Management

Job Overview
We are seeking a highly skilled and experienced Director of Risk Management to lead our risk management initiatives. As a dynamic parent company with a diverse portfolio in construction and logistics, we are evolving our insurance subsidiary towards a self-insured model and expanding our services. Known for our innovative approach and commitment to financial integrity, we seek leaders who can drive growth and maintain operational excellence in the insurance industry.

We are looking for an experienced Insurance Management Professional/Director of Insurance Operations to lead our insurance underwriting, claims, and workers' compensation departments. This crucial role involves managing the financial and operational aspects of our insurance processes, playing a pivotal role in transitioning to a self-insured model, and enhancing our insurance offerings in the market.

Key Responsibilities:

• Oversee underwriting, service, and claims departments, ensuring operational excellence, financial stability, and compliance with industry regulations.
• Manage financial aspects of insurance operations, focusing on accurate premium tracking and allocation.
• Implement and refine claims processing procedures for efficiency and accuracy.
• Negotiate terms with brokers and representatives for Business Insurance Coverage, achieving optimal conditions.
• Develop, modify, and execute insurance policies and contracts, utilizing in-depth underwriting expertise.
• Collaborate with various departments to ensure a holistic approach to risk management and compliance.
• Conduct educational sessions for internal stakeholders on insurance operations, compliance requirements, and contract obligations.
• Prepare detailed risk management reports for the executive leadership team.
• Lead claims resolution, manage open claim reserves, and maintain effective communication with all parties involved.

Qualifications:

• Proven experience in insurance management, with a focus on business insurance, underwriting, and financial aspects.
• Strong financial acumen, experienced in managing income statements and balance sheets.
• Excellent negotiation, leadership, and communication skills.
• Demonstrated ability in educating and training diverse stakeholders, and leading teams towards strategic objectives.
• Familiarity with industry trends, regulatory changes, and skilled in risk management and claims resolution.

Job Type: Full-time

Pay: From $100,000.00 per year

Benefits:

• 401(k)
• Dental insurance
• Health insurance
• Paid time off
• Vision insurance

Work Location: In person

Salary : $100,000