Vice President of Enterprise Risk

Job Summary

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

Risk Assessment:

• Utilize industry expertise to assess potential risk exposures.
• Develop and recommend effective mitigation strategies.
• Partner with stakeholders to establish standards, processes, and best practices related to risk management.

Insurance Policy Management:

• Evaluate and negotiate insurance policies to ensure optimal coverage and pricing.
• Ensure accurate and timely submission of insurance renewal data.
• Collaborate with the legal team to review insurance terms in contracts.

Vendor Contract Review:

• Review vendor insurance requirements and contract terms to minimize organizational risk.
• Work closely with the legal team to review insurance terms in contracts.
• Identify areas for improvement in vendor contracts.

Financial Analysis:

• Develop and maintain comprehensive financial models to inform risk management decisions.
• Analyze qualitative loss data, including Maximum Probable Loss (MPL).
• Track and manage financial impacts of contingent liabilities and guarantees.