Senior Director Risk Management

Purpose: The Senior Director, Risk Management is responsible for North America’s business insurance program, as well as maintaining and administering the standard Company Safety and Drug Free Work-Place programs throughout the organization. This position serves as a resource on safety, workplace hazards, workers’ compensation, customer liability claims, property claims, and any other insurance matter; they also develop and provide field training on all aspects of safety, claims, compliance, and business insurance.

Essential Functions:

•       Manages business insurance policies on behalf of the Company such as Workers’ Compensation, Employer’ Liability, General Liability, Automobile Liability, Excess Liability, Crime, Directors & Officers Liability, Employment Practices Liability; directs insurance broker activities regarding policy procurement, safety inspections, hazard identification/recommendation, state and regulatory filings, certificates of insurance, and carrier relations
•       Participates in and provides corporate direction related to settlement negotiations on litigated or complex Workers’ Compensation, Property, General Liability, and other claims; manages and provides direction and claim authority to Third Party Claims Administrators regarding claim investigation, reserves, and settlement evaluations
•       Directs annual renewal activities including payroll data by state and job classification, sales estimates, liquor sales estimates, head count by state/location, Company sponsored transportation, property & business interruption values by location, new/closed location, fleet/vehicle information by location, pending employment related litigation
•      Develops new and/or revises company Safety Policies based on emerging risks or deficient operating practices; collaborates with internal and external resources to develop and implement new safety programs and initiatives company-wide
•      Facilitates regular claim reviews
•      Provides training to the field on existing Company Safety Program to promote policy compliance; administers the Drug Free Work-place program
•      Fosters productive relationships and acts as a resource for critical incident crisis management.
•      Reviews RFPs as requested by Development, Legal or Operations for new contract language to ensure required coverage(s) comply with the current business insurance policies
•      Explores various insurance markets that have the potential to protect Company assets and/or media or financial losses

Reporting Relationship:The Senior Director Risk Management reports to the SVP Corporate Finance

Major Interdependencies: Legal, People & Culture, Operations, Development

Minimum Qualifications, Knowledge, Skills, and Work Environment: 

Education and Experience: The combination of education and professional experience must exceed 10 years:

•     In a leadership role: Requires 5 years of experience leading a team of professionals engaged in developing and executing risk management programs
•     In a technical role: Requires 10 years of experience engaged in developing and delivering risk management programs

•      A bachelor’s degree in a program related to the functional area can count for 3 of the ten-year requirement
•      An MBA or a master’s level degree in a program related to the functional area can count for an additional 2 years of the ten-year requirement

•      In the industry: 3-5 years of Hospitality, F&B and/or Retail experience

Specialized Training:

•      Training that leads to expert knowledge of the advanced risk management techniques and strategies, including risk prevention, risk reduction, risk retention (self-insurance), and risk transfer (insurance policies, indemnity agreements)
•      Knowledge of litigation procedures
•      Knowledge of state and federal Worker’s comp regulations and statutes

Specialized Skillset/Competencies/Traits

•      Advanced business acumen and also has the strategic mindset required to understand the long-term implications of risk management decisions and to advance the organizations goals
•     Demonstrated history of anticipating the needs of the business and complex stakeholders, the employee population and individual circumstances
•     Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals
•     Demonstrated experience exhibiting a continuous improvement mindset with the ability to optimize work processes and achieve positive results

Location: This position is based at the F&B Center of Excellence in Bethesda, MD or Retail Center of Excellence in East Rutherford, NJ