What are the responsibilities and job description for the Director of Risk Management position at Kia Softech?
What you will be doing:
- Develop and implement programs to reduce workplace injuries and accidents, including creating safety training materials and conducting workshops.
- Conduct regular risk assessments and audits to identify potential workplace risks, analyze injury trends, and evaluate existing safety protocols.
- Work closely with clients to tailor risk management strategies to their specific needs, providing expert advice on best practices and helping implement effective safety measures.
- Ensure compliance with local, state, and federal regulations regarding workplace safety and workers' compensation for both the insurance carrier and its clients.
- Utilize risk management software tools to track, analyze, and report risk data effectively, implementing new software solutions as needed and training staff.
- Provide leadership and guidance to the risk management team, fostering a culture of accountability, professionalism, and continuous improvement.
- Develop and maintain relationships with insurance carriers, brokers, and other external partners to optimize loss control and minimize workplace injuries.
- Analyze loss trends and patterns to identify opportunities for process improvement and cost reduction.
- Prepare reports and presentations for senior management and stakeholders on risk management and loss control matters.
- Stay informed about emerging trends, best practices, and regulatory changes in the risk management and insurance industries.
- Perform other duties as assigned.
Experience you will need:
- Strong knowledge of risk management principles and insurance products.
- Expert knowledge of Workers' Compensation and Employer's Liability, along with knowledge of other product lines.
- Familiarity with Code Rule 59 and Code Rule 60 preferred.
- Excellent analytical, problem-solving, and decision-making skills.
- Advanced knowledge of insurance principles and regulatory requirements.
- Exceptional communication, negotiation, interpersonal, and leadership skills.
- Ability to effectively manage multiple priorities in a fast-paced environment.
- Attention to detail and accuracy in assessing risk factors.
- Proficiency in risk management software and Microsoft Office Suite.
- Strong organizational and time management skills.
- Ability to interpret financial data and market trends.
- Travel is required.
- Bachelor's degree in risk management, insurance, business administration, or a related field; Master's degree preferred.
- Minimum five to ten years of workers' compensation risk management experience at an insurance carrier required.
- Certified Risk Manager (CRM) preferred.
Salary : $200,000 - $275,000
