Overview

Position Overview

The Director of Risk Management is responsible for leading the strategic development, implementation, and oversight of the Company's enterprise risk management, insurance, claims administration, analytics and RMIS system. This role partners closely with executive leadership, operations, safety, human resources, legal, and third-party administrators to identify, assess, mitigate, and monitor organizational risks across FBM's operations throughout North America.

The Director of Risk Management provides leadership and direction for workers' compensation, auto liability, general liability, property, and other corporate insurance programs while driving initiatives that reduce loss exposure, improve claims outcomes, and support a culture of safety and accountability. This position requires substantial discretion and independent judgment in evaluating risk exposures, developing risk mitigation strategies, negotiating with insurance partners, and recommending solutions that align with organizational objectives.

A critical component of this role is serving as the organizational leader and subject matter expert for Origami Risk, including system administration oversight, data integrity, reporting, analytics, workflow optimization, and strategic utilization of the platform to support claims management, risk analysis, and enterprise decision-making.

Responsibilities and Qualifications

Key Responsibilities

Enterprise Risk Management

• Develop and execute the organization's enterprise risk management strategy to identify, assess, monitor, and mitigate operational, financial, legal, and strategic risks
• Establish risk management policies, procedures, and best practices that align with corporate objectives and regulatory requirements
• Partner with executive leadership to evaluate emerging risks and develop proactive mitigation strategies
• Lead enterprise-wide risk reporting and provide recommendations to senior leadership regarding risk exposure and control measures
• Monitor trends and industry developments that may impact the Company's risk profile

Insurance Program Management

• Direct the administration of all corporate insurance programs, including workers' compensation, auto liability, general liability, property, umbrella, cargo, and other coverages
• Manage relationships with insurance carriers, brokers, third-party administrators, and other risk management service providers
• Project manage annual insurance renewals and ensure accurate and timely data submission to brokers
• Analyze insurance program performance and recommend adjustments to optimize coverage and control costs
• Support contract review processes by evaluating insurance requirements and risk transfer provisions

Claims Management

• Oversee the administration and resolution of workers' compensation, auto liability, general liability, and property claims
• Oversee the third-party administrator program and overall department processes
• Review significant claims exposures and develop strategies to reduce financial impact and operational disruption
• Drive initiatives that improve claim outcomes, reduce frequency and severity, and support alternative return-to-work programs

Origami Risk Administration & Strategy

• Serve as the executive owner and primary business leader for the Origami Risk platform across the organization
• Collaborate with internal stakeholders and external partners to maximize platform functionality and business value
• Identify opportunities for automation, process improvement, and enhanced utilization of Origami Risk capabilities
• Lead system enhancements, upgrades, implementations, and integration initiatives related to claims and risk management operations
• Ensure accurate and timely reporting of risk, claims, and loss data to support strategic decision-making

Risk Analytics & Reporting

• Analyze claims trends, loss experience, insurance costs, and operational risk indicators
• Utilize data analytics to identify root causes of losses and opportunities for continuous improvement
• Establish key performance indicators and benchmarks to measure program effectiveness
• Provide actionable recommendations based on risk and claims data analysis

Compliance & Governance

• Ensure compliance with applicable federal, state, provincial, and local regulations related to risk management, insurance, and claims administration
• Maintain documentation and reporting necessary to support audits, regulatory inquiries, and insurance requirements
• Partner with Legal, Safety, and Human Resources teams on compliance-related initiatives and risk mitigation strategies
• Support litigation management efforts and coordinate with legal counsel as necessary

Leadership & Cross-Functional Partnership

• Provide exceptional, simple process improvements to streamline tasks for the Risk team
• Provide leadership, coaching, and development to risk management personnel and support teams
• Influence organizational decision-making by providing expert guidance on risk-related matters
• Promote a culture of accountability, proactive risk management, and continuous improvement throughout the organization

Qualifications

Required

• Bachelor's degree in Risk Management, Business Administration, Finance, Insurance, Occupational Safety, or a related field
• 8+ years of progressive risk management, insurance, claims administration, or related experience
• 5+ years of leadership experience managing risk management programs and initiatives
• Extensive experience managing workers' compensation, liability, and property insurance programs
• Experience driving process improvements with exceptional organizational skills
• Demonstrated experience utilizing Origami Risk or similar enterprise risk management and claims management platforms
• Strong knowledge of insurance principles, claims administration, risk financing, and loss prevention strategies
• Experience working with third-party administrators, insurance carriers, brokers, and legal counsel
• Strong analytical, problem-solving, and strategic planning skills
• Excellent communication, presentation, and relationship management abilities
• Proficiency with Microsoft Office Suite, reporting tools, and data analytics platforms

Preferred

• Professional certifications such as ARM, CRM, CPCU, RIMS-CRMP, or equivalent
• Experience in distribution, logistics, transportation, manufacturing, construction materials, or related industries
• Experience leading enterprise-level risk management programs across multiple locations
• Advanced knowledge of claims analytics, risk technology platforms, and process automation

Compensation and Benefits

Reports To

Vice President of Risk Management

Compensation

The listed pay range reflects the expected base rate for this position. Within the range, individual pay may vary based on experience, qualifications, and work location within state. This is a full-time position with competitive pay and benefits.

• Base: $140,000 - $160,000 annually
• Bonus: 30% Target Bonus
• Total Compensation (Base + Bonus): The successful candidate could reasonably expect a Total Compensation Package in the range of $182,000 - $208,000
• Equity: This role is eligible for equity opportunities, awards, or grants.

Benefits

At FBM, we're committed to supporting our employees both personally and professionally. We offer a comprehensive and competitive benefits package designed to help you thrive inside and outside of work. Our excellent package includes:

• Medical, Dental and Vision plans with leading national providers
• Health Savings Account (HSA) / Flexible Spending Account (FSA)
• Company Provided Basic Life and Accident Death & Dismemberment (AD&D)
• Voluntary Life and Accidental Death & Dismemberment (AD&D)
• Critical illness, Hospital Indemnity, Accident Coverage
• Legal Insurance Plan
• Paid Time Off (PTO) & Paid Company Holidays
• 401(k) plan with generous company match

Posting Period

This job will be posted for at least 5 days, starting on the initial postdate reflected above.

Salary Range

Min: USD $140,000.00/Yr., Max: USD $160,000.00/Yr.