The Director of Risk Management is responsible for designing, implementing, and leading a comprehensive risk management framework across the company, with emphasis on insurance, claims management, risk programs, product liability, and enterprise risk coordination. This role works cross-functionally with leadership and operational teams to identify, assess, prioritize, and mitigate risks that could impact strategic objectives, financial performance, operational resilience, regulatory compliance, and organizational reputation.

 

The Director will ensure that project-level risks are consistently integrated into enterprise-level reporting, creating a holistic view of company-wide risk exposure that will result in a comprehensive insurance coverage structure that maximizes coverage at the most efficient cost of risk. They will serve as the central internal owner of Novolex’s risk and insurance programs, coordinating closely with external brokers, carriers, claims partners, and internal stakeholders.

 

The ideal candidate brings strong analytical capabilities, executive presence, and the ability to translate complex risk concepts into clear, actionable insights that guide strategic decision-making in a scaled, manufacturing-intensive environment.  

 

KEY RESPONSIBILITIES:

 

Insurance and Risk Transfer

• Oversee the company’s global insurance program, including property, casualty, workers’ compensation, product liability, and related lines.
• Lead renewals, coverage strategy, and claims oversight and loss trend analysis.
• Manage the relationship with insurance carriers, brokers, claims adjusters, counsel, and internal stakeholders.
• Anticipate and address increasing product liability exposure associated with high-profile customers and large-scale consumer-facing products.
• Manage and facilitate an efficient and effective claims management process across the insurance policy spectrum to include workers compensation, property and product liability claims.

Risk Assessment & Management

• Lead quarterly and annual enterprise risk assessments across all business functions.
• Identify, evaluate, and prioritize risks using qualitative and quantitative methodologies.
• Prepare clear and concise risk reports for executives and Board committees.
• Design and monitor property conservation programs and ensure funding is property allocated and deployed in the company’s annual plan.

Cross-Functional Partnership

• Facilitate risk workshops, scenario planning, and emerging risk discussions with leaders.
• Partner with Finance, Legal, Operations, Engineering, Safety, HR, and Compliance teams to align risk mitigation strategies.
• Ensure project-level risks appropriately roll up into enterprise risk categories.

Mitigation & Monitoring

• Track risk response plans and monitor mitigation progress.
• Evaluate control effectiveness and recommend enhancements in partnership with internal teams and external providers.
• Support business continuity, crisis management, and resilience initiatives.

Culture & Continuous Improvement

• Promote a risk-aware culture through training and communication.
• Stay current with best practices, regulatory expectations, and industry trends.
• Support the continued professionalization of enterprise risk management as the Company scales and evolves.

 

REQUIREMENTS:

 

Education

• Bachelor’s degree required; advanced degree (MBA, JD, or MS in Risk Management) preferred.

Required

• 10+ years of experience in risk, insurance, legal risk, or related fields.
• Experience operating in complex, multi-site manufacturing or industrial environments.
• Proven ability to build, scale, and manage enterprise risk and insurance programs with an emphasis on property and casualty insurance programs, preferably in manufacturing or industrial environments.
• Strong executive communication, relationship management, and cross-functional leadership skills.

Preferred

• Private equity company experience.
• Exposure to ESG, environmental, or regulatory risk.
• M&A and integration risk experience.
• Professional certifications such as ARM, CRM, CRISC, CPCU, or similar.

Success Indicators

• Clear enterprise risk ownership and mitigation execution.
• Improved alignment across Legal, Finance, Operations, and ESG.
• Strong credibility with senior leadership and private equity sponsor.

#LI-TM1

 

Company Benefits What You'll Get From Us Benefits

With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.

Community Engagement

At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.

Training and Development

We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.

 

Formerly Pactiv Evergreen