Top Risk Management Executive jobs in Middlesex, NJ

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway Markets and Gourmet Garage® banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best in class procurement practices.

About You

Your contribution:

The Manager of Risk Management will handle the comprehensive insurance and risk management programs of Wakefern, assessing and identifying risks that could impede the reputation, safety, security, and financial success of the organization and ensuring the financial protection of the organization through insurance and self-insurance programs.

Responsibilities include day to day management of the purchase and maintenance of insurance programs through third party insurers and/or captive insurance company and the associated relationships with third party service providers including brokers, insurers and TPAs. Handling responsibilities of the Risk Management Committee (RMC) and captive board meetings. Preparing loss analyses and insurance budgets. Identifying risk exposures and recommending solutions to prevent, mitigate and reduce risk. Implementing approved programs and monitoring effectiveness. Promoting loss prevention & control. Updating and monitoring compliance with insurance policies and procedures.

What you will do:

• Manage insurance and captive insurance programs including day to day oversight and handling.
• Manage Risk Management Committee (RMC) agendas, planning, review, preparation and presentation of materials with internal and external providers.
• Manage captive meeting agendas, planning, review, preparation and presentation of materials with internal and external providers.
• Handle day-to-day captive operations to ensure coordination and compliance.
• Handle property loss control program, initiatives and activities, across the cooperative in partnership with external services providers and internal stakeholders.
• Recommend and help implement risk management, claims and insurance practices, policies, and solutions across the enterprise.
• Collaborate with the team and cross divisional teams to identify day to day challenges and opportunities and look for ways to innovate, improve and implement, working holistically.
• Assist and respond to Member request/inquiries in a timely fashion.
• Educate team on insurance and risk management policies and practices.
• Maximize performance across the division for efficiency and effectiveness.
• Day to day involvement in insurance programs and renewals to protect the organization
• Evaluate team member’s performance and provide ongoing feedback for growth and development.
• Act as coach, mentor, and advisor.

What we’re looking for:

• Bachelor’s degree
• Minimum 5 years of in-depth insurance risk management experience with broad knowledge of risk management concepts, insurance procurement, and claims management
• Minimum 2 years managerial experience
• Captive management experience
• Experience with captive insurance companies, strongly preferred
• Strong people skills and customer service orientation
• Experience handling property loss control programs
• Strong, demonstrated oral and written communication skills, including the ability to communicate clearly and effectively and deliver both informal and formal presentations.
• Ability to work in a fast-paced environment, with exceptional ability to multi-task, attend to detail and resolve problems effectively and efficiently
• Demonstrated ability to analyze data and metrics, evaluate information and develop and present a plan to support operations and business strategy
• Proactivity in day to day responsibilities, proceeding with a sense of urgency
• Strong leadership skills and self awareness
• Ability to engage, inspire and influence others
• Ability to present complex information to associates and stakeholders with varying levels of knowledge
• Ability to maintain strict confidentiality
• Willingness to travel to and within our trading area
• Demonstrated proficiency in Microsoft Office Word, Excel and Powerpoint
• Valid driver’s license

How you will succeed:

Leadership Competencies

• Think Strategically
• Influence Others
• Drive Change
• Talent Planning
• Take Accountability
• Inclusive Leadership

Core Competencies

• Communicate Effectively
• Drive for Results
• Develop You
• Embrace Change
• Build Relationships
• Stay Competitive

Company Perks:

• Vibrant Food Centric Culture
• Comprehensive medical, dental and vision package
• Competitive Salary and Paid Time Off
• Fitness Reimbursement and Well-Being Program
• Corporate Training and Development University
• Collaborative team environment
• Paid Parental Leave
• 401K
• Matching Gifts and Community Volunteer Involvement

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid parental leave
• Paid time off
• Vision insurance
• Wellness program

Experience level:

• 2 years
• 5 years

Schedule:

• Monday to Friday

Education:

• Bachelor's (Required)

Experience:

• Risk management: 5 years (Preferred)
• Leadership: 2 years (Required)

License/Certification:

• Driver's License (Required)

Ability to Relocate:

• Edison, NJ: Relocate before starting work (Required)

Work Location: In person