Director Risk Management

Dufry

$124K — $155K *
Hospitality & Recreation
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Minimum 8 years of experience in risk management, with at least 3 years in a leadership role.
  • Experience in the Hospitality, Food & Beverage, or Retail sectors (3-5 years preferred).
  • Bachelor's degree in a relevant field, with additional years of experience preferred over education.
  • Expert knowledge of advanced risk management techniques, including risk prevention and transfer.
  • In-depth understanding of compliance with federal and state worker's compensation regulations.

Responsibilities

  • Manage and oversee business insurance policies for the company.
  • Lead negotiation processes for complex claims, providing direction to Third Party Claims Administrators.
  • Direct annual renewal of insurance policies and oversee related data collection.
  • Develop and revise safety policies in response to emerging risks within the company.
  • Conduct training for staff on safety and compliance programs to ensure adherence.
  • Act as a resource for crisis management during critical incidents.
  • Review RFPs ensuring compliance with current business insurance needs.

Benefits

  • Participation in a Drug Free Workplace program.
  • Access to ongoing training and professional development.
  • Collaborative environment across multiple departments.
  • Opportunities to influence safety initiatives within the company.
Full Job Description
Airport Location: Corporate-Loss Prevention Advertised Compensation: $124,600.00 to $155,700.00 Purpose: The Director, Risk Management is responsible for North America's business insurance program, as well as maintaining and administering the standard Company Safety and Drug Free Work-Place programs throughout the organization. This position serves as a resource on safety, workplace hazards, workers' compensation, customer liability claims, property claims, and any other insurance matter; they also develop and provide field training on all aspects of safety, claims, compliance, and business insurance. Essential Functions: • Manages business insurance policies on behalf of the Company such as Workers' Compensation, Employer' Liability, General Liability, Automobile Liability, Excess Liability, Crime, Directors & Officers Liability, Employment Practices Liability; directs insurance broker activities regarding policy procurement, safety inspections, hazard identification/recommendation, state and regulatory filings, certificates of insurance, and carrier relations • Participates in and provides corporate direction related to settlement negotiations on litigated or complex Workers' Compensation, Property, General Liability, and other claims; manages and provides direction and claim authority to Third Party Claims Administrators regarding claim investigation, reserves, and settlement evaluations • Directs annual renewal activities including payroll data by state and job classification, sales estimates, liquor sales estimates, head count by state/location, Company sponsored transportation, property & business interruption values by location, new/closed location, fleet/vehicle information by location, pending employment related litigation • Develops new and/or revises company safety policies based on emerging risks or deficient operating practices; collaborates with internal and external resources to develop and implement new safety programs and initiatives company-wide • Facilitates regular claim reviews • Provides training to the field on existing company safety program to promote policy compliance; administers the Drug Free Workplace program • Fosters productive relationships and acts as a resource for critical incident crisis management • Reviews RFPs as requested by Development, Legal or Operations for new contract language to ensure required coverage(s) comply with the current business insurance policies • Explores various insurance markets that have the potential to protect Company assets and/or media or financial losses Reporting Relationship:The Director of Risk Management reports to the Vice President of Loss Prevention & Risk Management Major Interdependencies: Legal, People & Culture, Operations, Business Development Minimum Qualifications, Knowledge, Skills, and Work Environment: • Education and Experience:The combination of education and professional experience must exceed 8 years: • In a leadership role: Requires 3 years of experience leading a team of professionals engaged in developing and executing risk management programs • In a technical role: Requires 8 years of experience engaged in developing and delivering risk management programs • A bachelor's degree in a program related to the functional area can count for 2 of the eight-year requirement • In the industry: 3-5 years of Hospitality, F&B and/or Retail experience • Specialized Training: • Training that leads to expert knowledge of the advanced risk management techniques and strategies, including risk prevention, risk reduction, risk retention (self-insurance), and risk transfer (insurance policies, indemnity agreements) • Knowledge of litigation procedures • Knowledge of state and federal Worker's comp regulations and statutes • Specialized Skillset/Competencies/Traits: • Advanced business acumen and also has the strategic mindset required to understand the long-term implications of risk management decisions and to advance the organization's goals • Demonstrated history of anticipating the needs of the business and complex stakeholders, the employee population and individual circumstances • Demonstrated history of creating and maintaining positive work environments through coaching, developing, and leading teams to achieve common goals • Demonstrated experience exhibiting a continuous improvement mindset with the ability to optimize work processes and achieve positive results • Location:This position is based at the North America Support Center in Bethesda, Maryland

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