Director, Risk Management

Job Description

JOB SCOPE:

The Director of Risk Management at TransformCo will manage a small team comprised of two (2) direct reports, focused on property and casualty insurance placement, collateral recovery, and risk mitigation.

Job Summary

The Director of Risk Management at TransformCo will oversee property and casualty insurance placement, collateral recovery, and perform essential financial tasks including forecasting and group P&L review. This role requires expert-level Excel skills and a minimum of seven (7) years of experience in risk management, focusing on insurance and financial analysis. The successful candidate will lead a team, engage with stakeholders, and contribute to the financial stability and risk mitigation efforts of the company.

Supervision

Direct : 2

Reports To

DVP, Internal

Responsibilities/Skills/Experience Requirements

JOB DUTIES/RESPONSIBILITIES:

• Leads the placement and management of property and casualty insurance programs to protect the company's assets and minimize risk exposure
• Performs in-depth risk analysis and assessments to identify potential risks affecting the company. Develop and implement mitigation strategies to manage identified risks effectively
• Develops and implements strategies for the effective recovery of collateral, minimizing losses and enhancing the financial stability of the company
• Conducts financial forecasting related to risk management activities, providing insights and recommendations for strategic decision-making
• Participates in the group's P&L review process, analyzing financial data to identify trends, variances, and areas for improvement
• Liaises with internal and external stakeholders, including insurance brokers, underwriters, and financial institutions, to negotiate terms and optimize coverage
• Develops and maintains risk management policies and procedures to ensure compliance with regulatory requirements and industry best practices
• Leads, mentors, and develops a team of risk management professionals, fostering a culture of continuous improvement and professional development
• Performs supervisory functions, including but not limited to, making employment decisions regarding hiring, promoting, demoting and terminating, conducting performance appraisals and coaching and developing associates
  
  

JOB REQUIREMENTS:

• Bachelors Degree
• Over 10 years of related experience
• 18 years of age or older
  
  

REQUIRED SKILLS:

• Bachelor's degree in Finance, Risk Management, Business Administration, or a related field
• A minimum of seven (7) years of experience in risk management, with a focus on property and casualty insurance and collateral recovery
• Expert-level proficiency in Microsoft Exceland financial modeling, with the ability to analyze complex data sets and provide actionable insights
• Strong understanding of financial forecasting, budgeting, and group P&L review processes
• Excellent negotiation, communication, and stakeholder management skills
• Proven ability to lead and develop a team in a dynamic and fast-paced environment
• Detail-oriented with strong analytical and problem-solving skills
  
  

PREFERRED SKILLS:

• Master s degree or professional certifications (e.g., CRM, FRM) are highly desirable
  
  

Years Experience

5 - 10 Years Experience

Travel Requirements

None

Country

United States

Work-In Address 1

Remote

Work-In Address 2

Remote

Work-In City

Remote

Work-In State

Remote

Work-In Postal Code

Remote

Business

Transformco Corporate

Job Function

Finance/Accounting

Employment Category

Regular, Full-time

Compensation Range

$120K - $150K

Additional Compensation Explanation

N/A

EEO/EOE Footer

Equal Opportunity Employer / Disability / Vet.

Posting Tags

#Corporate, #Remote

Company Brand

Transformco

Location City

HOFFMAN ESTATES

Salary : $120,000 - $150,000