Risk Manager - Highline Warren

Risk Manager

Summary

The Risk Manager oversees the Company’s comprehensive insurance and risk management program, assessing and identifying risks that could impede the reputation, safety, security, or financial success of the entire organization. The Risk Manager is responsible for minimizing the negative impact of potential risks by developing and implementing risk management strategies and building a risk intelligent culture.

REPORTING

Reports to General Counsel & Chief Compliance Officer

Essential Functions

To perform this job successfully, an individual must be able to perform each essential function of the job.

• Partners with key stakeholders to develop and implement standards, processes, programs, and best practices related to risk management.
• Leads the Company’s Risk Intelligence Culture Committee.
• Identifies potential risk exposures and analyzes the financial impact of loss to the Company, recommends solutions, implements approved programs, promotes loss prevention, and updates and monitors compliance.
• Assists in the review of major contracts, proposed facilities, and/or new program activities for loss and insurance implications.
• Manages relationships with agents, brokers, insurers, consultants, and adjusters in a manner that maximizes the Company’s premium spend.
• Coordinates with outside risk management consultants and insurances brokers and agents for the purchase of insurance programs including negotiating best terms and conditions.
• Evaluates and provides recommendations regarding selection of policies, including but not limited to: Property, Casualty, General Liability, Workers’ Compensation, Directors and Officers, and Cyber-Risk policies.
• Prepares risk management and insurance budgets and allocates claim costs and premiums.
• Coordinates the gathering of insurance policy renewal data and submits in a timely manner.
• Supports compilation of underwriting information, coverage placement, and loss forecasting.
• Partners across functional areas regarding incident reports and claims or losses.
• Institutes programs for reporting policies and procedures for claims.
• Coordinates with the company’s insurance brokers to respond to requests for certificates of insurance and claims history document.
• Manages claims by line of coverage - properly and efficiently manages claims, claims data, and record keeping for use in loss forecasting and estimating financial value of claims, while assuring that claims are being resolved fairly, consistently, and in the best interest of the Company, including work comp.
• Provides timely notification of claims to the Company’s insurance carriers, brokers, and agents.
• Develops and communicates plans to address loss events.
• Leads corporate wide contingency planning/business continuity efforts. Establishes a framework and methodology for completion of contingency plans by internal business units.
• Identify exposures and formulate, develop, and coordinate, loss control functions.
• Support safety training programs, disposal procedures, etc. to reduce accidents, occupational illnesses, exposure to health hazards.
• Support compliance with various regulatory agencies and their requirements.

Marginal Functions

The individual may be asked to perform other duties.

Required Knowledge, Skills, and Abilities

• Practical knowledge and working understanding of risk insurance and work comp policies and best practices of risk management.
• Thorough understanding of the risk insurance industry, its markets, cycles, evolution, trajectory, and participants.
• Proficient in working with financial information and statistics and using databases to manage data and financial information.
• Meticulous about keeping records and recording risk data.
• Excellent organizational skills and attention to detail and quality in accomplishing work duties and tasks.
• Strong commercial and operational awareness and ability to understand broader business issues.
• Excellent mathematical and critical thinking skills.
• Strong analytical and problem-solving skills.
• Clear and persuasive verbal and written communication skills.
• Effective project management and collaboration skills management, co-workers, stakeholders, consultants, and vendors.
• Ability to prioritize and execute multiple tasks, working effectively and efficiently with cross-functional teams and taking direction from senior team members.
• Positive willingness to roll up your sleeves and work alongside team members and stakeholders across all levels of the organization.
• Proactively looks for and identify opportunities to reduce costs or increase productivity without reducing effectiveness.
• Manage challenges skillfully, thoroughly, and effectively.
• Use equipment, resources, and time in an efficient and effective manner.
• Technologically adept, proficient in use of Microsoft Office (Outlook, Word, Excel, and PowerPoint), including to prepare reports and policies.
• A self-starter and comfortable in working in a team environment, as well as independently.
• *Hybrid/Remote worker must have a reliable high-speed internet connection and a suitable remote workspace.

Education and Experience

• Bachelor’s degree in Risk Management, Finance, Business/Administration, Public Administration, Economics, Engineering, Law, or related field, or equivalent combination of education and experience, required.
• At least three years of related risk management work experience.

Environmental Conditions & PHYSICAL DEMANDS

The below list includes the environmental conditions and physical demands representative of those that an individual performing the essential functions of this job will encounter and be able to perform.

• Work in multiple work environments, including, but not limited to office, manufacturing, distribution, and warehouse settings.
• Travel up to 40% of the time via air and/or ground to site locations across the U.S.
• Move throughout both inside and outside company facilities (e.g., manufacturing, warehouse, and distribution facilities). Must be able to navigate stairs, concrete, paved & graveled surfaces, and uneven surface conditions.
• While at manufacturing, warehouse, and distribution facilities, the individual may be exposed to hazardous physical or chemical conditions, including mechanical parts, electrical currents, vibrations, fumes, odors, dusts, gasses, poor ventilation, extreme temperatures, and intense noise.
• Wear necessary PPE (safety glasses, safety shoes w/protective toe, hearing protection, etc.) and abide by specific site location rules.