Enterprise Risk Management Professional

Job Description

This role is responsible for leading the identification, assessment, measurement, and mitigation of company-wide risks.

Risk Identification & Management:

• Leverage expertise to identify potential risk exposures and develop solutions.
• Partner with key stakeholders to establish standards, processes, and best practices related to risk management.
• Manage all phases of the claims process.

Insurance & Risk Transfer:

• Evaluate insurance policies, including Property, Casualty, General Liability, Workers' Compensation, Directors & Officers (D&O), and Cyber-risk.
• Coordinate and submit insurance policy renewal data, ensuring accurate reporting and compliance.
• Negotiate favorable policy terms with brokers, underwriters, and third-party administrators.
• Schedule and organize property and exposure data for insurance purposes.
• Administer CCF's Chavez Insurance Captive, Inc.
• Provide timely notification and management of claims, working closely with insurance carriers.
• Investigate and resolve property and liability claims in collaboration with legal counsel.
• Respond to requests for certificates of insurance and claims history documents from the company's insurance brokers.

Vendor & Third-Party Risk Management:

• Manage relationships with third-party service providers, including insurance brokers, carriers, actuaries, and risk management consultants.
• Evaluate vendor insurance requirements and contract terms to minimize organizational risk.
• Review insurance terms in contracts and collaborate with the legal team to mitigate contractual risks.

Loss Control & Compliance:

• Develop and oversee safety programs for employees, Greenfield staff, and maintenance teams.
• Collaborate with departments regarding incident reports and claims or losses.
• Conduct insurance due diligence for new property acquisitions and developments.
• Establish and implement standards, processes, programs, and best practices related to risk management.
• Oversee workers' compensation programs, ensuring proper reporting and compliance.
• Develop plans to address and communicate loss events effectively across the organization.

Financial Risk & Forecasting:

• Monitor and analyze the cost of risk coverage, differentiating between corporate and property risks and identifying cost-saving opportunities.
• Analyze qualitative loss data, including Maximum Probable Loss (MPL), and align claims data with financial forecasts.
• Track and manage financial impacts of contingent liabilities and guarantees.
• Develop deductible management strategies, ensuring alignment with reserve strategies and financial goals.
• Support Greenfield projects with Builder's Risk and Bonding requirements.