Director, Risk Management Jobs

Director, Risk Management

POSITION OVERVIEW

Reporting to the Treasurer, the Director is responsible for providing the strategic vision, direction, and oversight of the Risk Management function. The Director leads efforts to develop and direct a comprehensive enterprise risk management strategy that identifies, measures, and mitigates sources of strategic, operational, reporting, and regulatory compliance risks to Darden.

RESPONSIBILITIES:

-Risk Program Design and Leadership

-Create Darden’s vision, mission and goals for the risk management function and provide leadership and direction to the risk team and a cross-functional team of internal stakeholders and external partners for the identification, mitigation, and management of operational risks.

-Build relationships with internal leadership, including those in operations, legal, compliance, accounting, and finance, to deliver on Darden risk management objectives.

-Select and manage relationships with third party service providers, including insurance brokers, insurers, and third-party claims administrators.

-Ensure that risk management policies and strategies comply with governmental regulations, rating agency standards, and Darden’s strategic objectives.

-Maintain appropriate internal controls to maximize the accuracy of financial projections, including the timely and accurate reserving of workers compensation claims, public liability claims, and other such liabilities.

-Insurance Program

-In coordination with senior leadership, determine Darden’s overall tolerance for risk retention and determine Darden’s risk financing strategy.

-Lead Darden’s annual insurance renewal program, in partnership with internal and external teams, by identifying loss exposures, developing a risk budget, and developing go to market strategies.

-Maintain and build constructive relationships with insurance carriers, third-party claims administrators and other key risk management partners.

-Develop and manage the annual business plan for insurance related expenses.

-Claims Management Program

-Provide leadership and direction to a team of professionals that manage Darden’s workers compensation, public liability, property, and auto claims handling strategies.

-Partner with Darden legal and third-party claims administrator to manage Darden’s book of claims efficiently and effectively.

-Build analytical strategies to identify sources of claim frequency and severity and, in conjunction with legal, risk, and operations, build strategies to reduce claim volume and severity.

-Restaurant Safety Program

-Provide leadership and direction to Darden’s loss prevention efforts by identifying and implementing safety programs to protect our 180K+ employees and 400 million annual guests at approximately 1,900 restaurants.

-Provide leadership, direction, and support to a team of restaurant safety professionals responsible for measuring, monitoring, and mitigating risks at the restaurant level.

-Establishes corporate goals, standards, and metrics to track progress and performance of safety controls and programs.

REQUIRED TECHNICAL SKILLS:

-Broad experience in all aspects of risk management including insurance, loss prevention, claims adjustment practices and program administration.

-Experience in the evaluation, design, and purchase of insurance solutions for a complex organization.

-Excellent financial / analytical skills.

-Strong collaboration skills and the ability to gain consensus, working in cross-functional teams.

-Must possess a strong background in the administration of all safety related practices.

-Strong consulting, negotiation, and collaboration skills with the ability to gain consensus through personal influence.

REQUIRED EDUCATION:

-Bachelor’s Degree in Business Administration, Finance, Accounting, Real Estate, Insurance, Safety Management, or related fields.

OTHER KEY QUALIFICATIONS:

-10+ years of leading teams and increasingly responsible related experience

-Ability to develop and communicate concise and compelling business cases with senior leaders

-Strong vision and strategic planning skills

-Demonstrated ability to lead, coach and develop direct reports

-Expert negotiation skills

-Demonstrated ability to lead and influence others

-Excellent written and verbal communication skills

-Demonstrated ability to work effectively with all levels in the organization

-Strong customer/client service orientation

-Adapts well to and proactively initiates change in the organization

PREFERRED SKILLS AND EXPERIENCE

-Experience controlling workers' compensation and public liability exposure through aggressive claims management and safety programs

-Possess a broad-based restaurant or retail operations perspective

-Strong Project Management skills

-Background in Claims Management, Occupational Safety and Health, Industrial Safety, Safety Management or related fields

-MBA preferred