Regional Director, Risk Management

Division: Stratus Risk Management
Project Location(s): Chicago, IL 60601 USA
Minimum Years Experience: 10
Travel Involved: 50-60%
Job Type: Regular
Job Classification: Experienced
Education: Bachelors Degree
Job Family: Insurance and Claims
Compensation: Salaried Exempt
Position Description:
Oversee risk services and provide guidance and advocacy for implementation of clients’ preferred insurance programs and settlements of insurable claims within assigned region. Manage regional team of insurance and claim professionals.
Essential Duties & Key Responsibilities:

• Act as subject matter expert and collaborate with in-house business partners and marketing to develop and deliver material to support implementation of company and/or client’s preferred insurance programs.
• Engage clients and brokers to manage requirements for non-standard insurance placements.
• Oversee regional insurance and claims staff and serve as escalation point for high profile and unique risk matters.
• Organize, review, and analyze regional claims data in support of business unit and client requests, and annual insurance program renewals.
• Lead development of Premium Plan targets for assigned region; accountable to manage and achieve established targets.
• Participate in industry events, represent company and set standards as industry leader.
• Deliver timely performance feedback for team and execute and contribute to performance appraisals during annual performance cycle.
• Participate in company-wide projects related to risk management, safety, and crisis management.
• Monitor and identify improvement opportunities of insurance placement and claim settlement for clients in line with established accountability model.
• Oversee periodic claim review meetings with clients, insurance carriers and brokers.
• Contribute and implement crisis protocols within assigned region, supporting people, clients, and projects.
• Manage projects within assigned region to adhere to claims and reporting protocols.
• Research risk management trends and provide clients with suitable risk transfer options, as appropriate.
• Collaborate with clients’ legal department in relation to contract review, business risk advice, benchmarking advice against identified industry standards.
• Oversee business development proposals for client pursuits across assigned region to support insurance placement.
• Develop, implement, and monitor Claim Administration program for clients within assigned region. Interface with clients’ legal, finance, and operations management, and insurance carriers and brokers to provide guidance and advocacy for implementing preferred insurance programs and settlement of insurable claims.
• Manage regional team and risk management budget.
• Review and approve carrier reserve and settlement authority; resolve claims up to settlement authority.
• Other activities, duties, and responsibilities as assigned.

The salary range for this position is estimated to be $150,000.00 - 195,000.00 annualized.
Physical Demands:

• Build engaging partnerships with team and organizational stakeholders through trust, teamwork, and direct communication
• Qualifications:
• Regular travel required: travel modes include air, train, vehicle, and international travel as needed.
• Risk management CPCU, ARM or similar insurance designation, preferred
• Highly analytical problem-solving skills, adept at processing and breaking down data into actionable information
• Demonstrate executive level negotiation and influencing skills
• Bachelor’s degree in Insurance, Risk Management, Finance, Business Administration, or similar program, with minimum of 10 years of experience in insurance or risk management or claims, with emphasis on construction; or equivalent combination of education, training and/or experience.
• Proficient computer skills, Microsoft suite of applications, MS Outlook, and insurance-based risk management information systems
• Align complex business needs with insurance market trends
• Firm understanding of contracts and insurance documents
• Executive level presentation skills, anticipate needs of technical and non-technical audiences, and tailor communications appropriately
• Leader with organizational management skills, capable of directing, managing, and developing regional teams
• Construction industry risk management experience, desired
• Advanced project leadership skills, able to manage concurrent complex projects and tasks successfully to completion
• Broker, Insurance Consultant, or Public Adjuster license required, valid JD with law license desired

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is frequently required to sit, use hands to finger, handle, or feel objects, tools, or controls; and reach with hands, talk, and hear. The employee frequently views a computer monitor and frequently uses a computer keyboard. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. The employee is regularly required to be mobile, and the employee regularly travels both short and long distances via a variety of conveyances. The employee occasionally performs work on-site at construction work sites, office locations, and/or off-site venues. The employee must regularly lift and/or move up to 10 pounds and occasionally lift and/or move up to 25.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee regularly works in an office or remote setting. The noise in the work environment is usually quiet to moderate in an office setting. While performing the duties of this job, the employee may occasionally work at construction work sites where the employee is exposed to moving mechanical parts, high precarious places, fumes or airborne particles, outside weather conditions, and risk of electrical shock. The noise in the construction work environment is usually moderate to loud. The employee is required to work in compliance with company safety policies, procedures, and applicable laws.
Stratus Risk Associates is an Equal Opportunity Employer
Minorities/Females/Veterans/Individuals with Disabilities/Sexual Orientation/Gender Identity
VEVRAA Federal Contractor
Turner is an Equal Opportunity Employer —minorities/females/veterans/individuals with disabilities/sexual orientation/gender identity.
VEVRAA Federal Contractor