What are the responsibilities and job description for the Director of Risk Management position at RaceTrac?
RaceTrac Company Overview
Job Description:
The Director of Risk Management is responsible for identifying risks to the enterprise to ultimately minimize adverse effects in the field and at the Store Support Center. The Director oversees the organization’s marketing, negotiation, and purchase of all types of insurance, purchasing bonds, claims, and litigation matters. Up to 25% travel required.
Responsibilities
Job Description:
The Director of Risk Management is responsible for identifying risks to the enterprise to ultimately minimize adverse effects in the field and at the Store Support Center. The Director oversees the organization’s marketing, negotiation, and purchase of all types of insurance, purchasing bonds, claims, and litigation matters. Up to 25% travel required.
Responsibilities
- Oversees the entire lifecycle of all workers’ compensation, automobile liability, and general liability claims for the organization; ensures a timely resolution of individual matters.
- Obtains all insurance for the company and reviews all external vendor agreements to ensure they are meeting the company’s standards and expectations.
- Handles the purchasing of bonds for newly constructed or renovated stores to comply with local and federal law.
- Prioritizes, guides, and reviews the work for a team of Risk Management Specialists.
- Serves as the main point of contact for high impact issues as well as escalated employee and guest conflicts.
- Acts as the organization’s knowledge expert and internal consultant for all risk management matters relating to workers’ compensation, general liability, automobile liability, bonds, and insurance.
- Identifies potential risks and provides solutions to decrease or eliminate areas of risk for the enterprise.
- Researches and maintains knowledge of developments in relevant codes, statues, and regulations with a particular emphasis on risk management and safety.
- Bachelor’s degree from an accredited university or college in Risk Management or related field required; Paralegal degree or legal background is a plus
- 5 years’ experience in risk management and/or insurance practices required
- 2 years’ experience managing a corporate risk management department preferred
- Proficient in Microsoft Office required
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