OverviewThe Risk Manager is responsible for the analysis, structuring, administration, and coordination of the various property/casualty/executive-risk risk management and insurance programs for the company. Reporting to the company's Chief Legal Officer, the Risk Manager will work with internal company functions and external risk management services providers, such as brokers, TPAs, consultants, and actuaries, to ensure that risks are identified, quantified, managed, and financed or insured, as appropriate. You will be responsible for developing succinct and meaningful risk management reports to company leadership, and to providing regular updates and “early warning” on the company's risk management efforts and status. The role will also include coordinating with the company's safety and the TPA's claims management functions to maintain maximum protection of assets and to ensure risk controls in safety and claims management are in place to reduce the company's total cost of risk. Qualifications Bachelor's degree Minimum 5 years of strong property/casualty/executive-risk insurance experience at either a brokerage firm, insurance carrier, or risk management function of a large company ARM, CPCU, CRM, CIC, AIC or similar professional designation a plus Proficiency in Microsoft Office suite; knowledge of Origami Risk Management software a plus Strong knowledge of claim management practices and design of claim management programs Strong knowledge of principles pertaining to large national account property risks, loss-sensitive programs, and Workers Comp qualified self-insured and non-subscriber programs Flexibility and willingness to travel (less than 5% of time) to execute position responsibilities Responsibilities Ensure that the company's property/casualty/executive-risk insurance programs and third-party providers are analyzed, structured, understood, and secured on terms that properly address the company's needs and optimize cost/benefit Obtain and maintain information necessary for completing insurance applications and market-facing presentations for all lines of coverage in a timely manner Ensure that all insurance purchases are presented to the Chief Legal Officer and Chief Financial Officer with appropriate time to consider recommendations and with accompanying in-depth analysis in order to facilitate decisions on coverage, retention/deductible, terms, and other variables Evaluates and provides recommendations regarding selection of policies, including but not limited to: Property, Casualty, Executive Risk, Product Recall/Contamination, Environmental and Cyber-risk policies Maintain primary responsibility for building relationships in the insurance marketplace (including brokers, wholesalers, carriers, TPAs, actuaries, and other service providers) to champion the company's interests and to ensure a stellar reputation for the company, meaning one that is unquestionably ethical and which excites interest among these providers to work with the company Be the internal “go to” person for all questions related to insurance coverage for the company Partners with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management Partners with the Director of Safety to identify potential risk exposures, recommend solutions, implement approved programs, promote loss prevention, and update and monitor compliance Manages all phases of the claims process from intake and investigation through litigation, settlement, and/or trial, and consults and/or participates in negotiations, conferences and mediations with adjusting companies, outside legal counsel, staff, claimants, and other involved parties Developing claim handling strategy, including claim settlement authority on company claims Developing strategies to identify and address high severity or high frequency risks to business or brand in coordination with company's Legal Department Understand claims reporting requirements for each policy (including, but not limited to, actual or threatened litigation); and develop, coordinate, maintain, and monitor internal and external claims reporting procedures to ensure compliance Develops and communicates plans to address loss events Manages the workers' compensation and incident reporting program and processes, assesses, and reports claims to carriers as appropriate Analyze, monitor, and track general liability claim trends to identify specific areas of concern and to identify specific controls to improve outcomes Review corporate insurance policies and surety bonds to ensure that they contain the coverage, terms, conditions, endorsements, pricing, and rates that were negotiated with the carriers Create and maintain a database/archive, and ensure ready access via electronic or hard copy, the company's insurance policies and surety bonds both historical and current Work with Finance Department to analyze, structure, understand, and develop recommendations for alternative risk financing techniques and tools, such loss forecasting, retention analysis, and cost-optimization Hold insurance brokers accountable for rigorous, high standards of both service delivery to the company and marketplace performance of insurance renewals Work with brokers to issue required Certificates of Insurance, vehicle insurance ID cards, worker's compensation posting notices, and any other required documents, and work with Legal Records Coordinator to maintain electronic records/copies of all Certificates that have been issued on behalf of the company Maintain primary responsibility for the company's Origami risk management software and prepare forecasts, budgets, and allocations of premiums, losses, and other program cost components; provide vision and strategic direction relative to enhanced usage of Origami, coordinating with colleagues in other departments or functions, such as Safety, HR, Legal, Finance, Fleet Management, ERM/Compliance, and Operations Process invoices as received to ensure their accuracy and timely payment Coordinate insurance carrier audits of exposure data, as required Interact with appropriate functions within the company (such as Legal) to ensure the company's interests are protected in contracts and agreements, especially in Insurance and Indemnification/Hold Harmless provisions Assist the Treasurer in tracking outstanding collateral posted to secure obligations under certain insurance contracts Conduct regular “open items” meetings with internal and external colleagues associated with the risk management and insurance program to ensure that performance deadlines are being achieved and that initiatives are moving forward as desired Keep current on external and internal risk management issues that can impact the company's total cost of risk, being proactive in managing these risks and in effectively communicating concerns or opportunities to appropriate parties, inside and outside the company Provide timely information and counsel to the company's leadership team regarding total cost of risk, cost trends, emerging risk, cost drivers, marketplace changes, and other pertinent information that can impact company strategy

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