Position: Director, Risk Management
Reports to: General Counsel
Location: Walnut Creek (minimum 3 days a week in office)
Department: Legal / Risk Management
Position Summary
The Director Risk Management is a strategic leader responsible for overseeing the company’s global corporate insurance program. This role manages complex insurance portfolios, leads enterprise-wide risk assessment and mitigation strategies, and serves as President of the company’s wholly owned captive insurance company. The Director partners closely with cross-functional leaders and business units to safeguard the company’s $3.2B in annual revenue and 6,000+ employees worldwide, ensuring protection of assets, operational resilience, and long-term business continuity.
Key Responsibilities
- Lead the global Corporate Insurance, including risk assessment, insurance placement, policy administration, and claims management.
- Develop and execute the Enterprise Risk Management (ERM) program, including risk identification, mitigation strategies, and ongoing monitoring.
- Serve as President of the company’s Hawaii-domiciled captive insurance company, overseeing coverage, premium, accounting, claims, actuarial processes, and service provider relationships.
- Direct the preparation and review of insurance renewals, policy terms, coverage limits, retention levels, and premiums.
- Oversee management of Workers’ Compensation, General Liability, Auto Liability, Property, and miscellaneous lines claims teams; collaborate with legal to drive timely resolutions.
- Manage relationships with Third Party Administrators (TPAs), including contract negotiation, adjuster oversight across 30+ states, and monitoring aggregate claim performance.
- Provide insurance-related diligence and integration support for mergers and acquisitions, including pre-close evaluation and post-close program integration.
- Partner with Safety leadership to reduce OSHA recordables, lower TRIR, and decrease Workers’ Compensation claim costs.
- Identify and implement process improvements, automation opportunities, and reporting enhancements to strengthen efficiency and data-driven decision making.
- Collaborate with Finance, Legal, HR, Health & Safety, and business unit leaders to develop policies, playbooks, and risk management best practices.
- Review and draft insurance provisions in commercial contracts, leases, and supply agreements; establish and maintain insurance negotiation guidelines and contract playbooks.
- Serve as the company’s subject matter expert on all risk-related issues globally.
- Stay current with industry trends and maintain strong relationships with insurers, brokers, and service providers.
- Prepare and present insurance and risk management reports to senior leadership, the Audit Committee, and the Board of Directors as needed.
Qualifications
- Bachelor’s degree in Business, Finance, Risk Management, or related field required; advanced degree (MBA) preferred.
- 12+ years of progressive experience in corporate risk management, insurance, or related fields, with at least 5 years in a senior leadership role.
- Demonstrated expertise in enterprise risk management, captive insurance management, and global insurance programs.
- Strong financial acumen, including experience negotiating coverage, premiums, and claims settlements.
- Proven track record of partnering with cross-functional leaders to drive safety, compliance, and cost containment.
- Exceptional leadership, communication, and presentation skills with the ability to influence at all levels of the organization, including senior leadership.
- Professional certifications such as CPCU, ARM, or CRM strongly preferred.
Leadership Competencies
- Strategic thinker with the ability to balance long-term vision and day-to-day execution.
- Strong collaborator who builds trust and alignment across diverse teams.
- Results-oriented leader who drives accountability and continuous improvement.
- Skilled negotiator with the ability to influence external stakeholders and secure favorable outcomes.
