Netflix

Head of Risk Management

Netflix$442K — $500K+*
Finance & Insurance
11 - 15 years of experience
Job Overview by Ladders

Qualifications

  • 15+ years in risk management or insurance brokerage/underwriting
  • Bachelor’s degree in risk management, finance, or related field
  • Proven success in leading high-performing teams
  • Knowledge of insurance economics and underwriting
  • Experience managing complex claims processes
  • Familiarity with alternative risk finance techniques
  • Strong analytical skills and comfort with data interpretation

Responsibilities

  • Own and refine Netflix's risk philosophy aligned with innovation and speed
  • Manage the Total Cost of Risk, focusing on risk transfer and operational controls
  • Lead global Risk and Claims Management for all business units
  • Design and implement innovative risk management solutions
  • Oversee strategic external partnerships and market relations
  • Develop KPIs and utilize data for performance improvement
  • Collaborate with cross-functional teams to advise on risk and insurance

Benefits

  • Comprehensive Health Plans
  • Mental Health support
  • 401(k) Retirement Plan with employer match
  • Stock Option Program
  • Flexible time off for salaried employees
  • 35 days paid time off for full-time hourly employees
  • Family-forming benefits and paid leave of absence programs
Full Job Description
In this role, you will shape and steward Netflix’s risk philosophy, designing and executing both traditional and innovative solutions to complex and evolving risk challenges. You will lead a team that supports Netflix’s corporate, production, and emerging businesses and oversees end‑to‑end risk and claims activities, while partnering closely with cross‑functional leaders around the world. The successful candidate will be a strategic risk executive and thought leader with a proven track record of building and leading high‑performing teams and managing a diverse portfolio of global risks. This is a highly visible, hands‑on leadership role that combines long‑term strategic thinking with day‑to‑day operational excellence to support Netflix’s continued growth and innovation. Strategic Leadership & Risk Philosophy • Own and continuously refine Netflix’s overall risk philosophy and framework in alignment with our culture of innovation, speed, and responsible risk‑taking. • Manage the company’s Total Cost of Risk, optimizing the balance between risk transfer, retention, and operational controls to support growth and profitability. • Serve as a senior advisor to executive and functional leaders on risk implications of strategic decisions, new initiatives, and market expansion. Enterprise Risk & Claims Management • Lead end‑to‑end Risk and Claims Management across Netflix’s corporate, production, advertising, gaming, LIVE, and consumer experience businesses. • Oversee a high‑performing global team responsible for program design, placement, pricing, coverage terms, and claims resolution across a broad range of insurance lines, including Auto & General Liability, Aviation, Business Interruption, Errors & Omissions, Fiduciary, Property, Workers’ Compensation, and others. • Direct claims strategies and outcomes, including management of TPAs, major and complex claims, and an effective return‑to‑work program. Program Design, Innovation & Alternative Risk Financing • Develop and evolve insurance products and risk management solutions that balance Netflix’s risk philosophy with business and operational needs, including new and emerging business models. • Drive the evaluation and implementation of alternative risk financing solutions (e.g., captives, self‑insured structures) to enable cost‑effective self‑funding of risk. • Challenge the status quo and explore innovative ways to structure risk, coverage, and data to support Netflix’s unique content and product portfolio. External Partnerships & Market Engagement • Oversee strategic relationships with external partners, including actuaries, brokers, carriers, and TPAs, ensuring best‑in‑class service, innovative solutions, and competitive pricing. • Represent Netflix’s interests in market negotiations and industry forums, leveraging market intelligence to anticipate trends and proactively adjust strategies. Data, Technology & Performance Management • Develop and own Key Performance Indicators (KPIs) and reporting frameworks that measure and drive the performance of Risk and Claims Management activities. • Leverage existing and emerging technologies, data platforms, and analytics tools to drive operational excellence, data visibility, and actionable insights for decision‑makers. • Continuously improve processes and systems to enhance scalability, automation, and transparency. Cross‑Functional Partnership & Governance • Partner closely with Physical Production, Production Finance, Safety & Security, Finance, Legal, and other cross‑functional teams to support projects, budgeting, accounting, and reporting related to risk and insurance. • Advise internal teams on potential risks, coverage requirements, and mitigation strategies for new initiatives, business lines, and markets. • Understand, interpret, and apply relevant laws, regulations, and industry standards relating to insurance coverage and risk management, ensuring appropriate governance and compliance. People Leadership • Lead, coach, and develop a diverse, high‑performing team, creating an environment that encourages ownership, innovation, and continuous learning. • Scale the function to match Netflix’s growth and complexity, ensuring the team is structured, staffed, and equipped to deliver at a global, enterprise level. Minimum Qualifications: • 15+ years experience in risk management and/or insurance brokerage or underwriting • Bachelor’s degree in risk management, finance or related discipline • Demonstrated track record leading and managing high performing teams • Knowledge and experience with insurance economics and underwriting business model • Experience overseeing/managing claims processes including complex claims • Experience working with Actuaries and actuarial methodologies • Experience with alternative risk finance techniques • Deep analytical experience and ability to distill data into intuitive and actionable reports • Experience with accounting principals (GAAP and Statutory) in risk and insurance • Strong project management skills with proven ability to deliver results • Comfortable challenging the status-quo and driving change • Hands-on experience with various risk and claims management systems and tools • A continual focus on process improvement and automation Generally, our compensation structure consists solely of an annual salary; we do not have bonuses. You choose each year how much of your compensation you want in salary versus stock options. To determine your personal top of market compensation, we rely on market indicators and consider your specific job family, background, skills, and experience to determine your compensation in the market range. The range for this role is $442,000.00 - $780,000.00. Netflix provides comprehensive benefits including Health Plans, Mental Health support, a 401(k) Retirement Plan with employer match, Stock Option Program, Disability Programs, Health Savings and Flexible Spending Accounts, Family-forming benefits, and Life and Serious Injury Benefits. We also offer paid leave of absence programs. Full-time hourly employees accrue 35 days annually for paid time off to be used for vacation, holidays, and sick paid time off. Full-time salaried employees are immediately entitled to flexible time off. See more details about our Benefits here.

About Netflix

Netflix, Inc. is an American media company founded on August 29, 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California, and currently based in Los Gatos, California, with production offices and stages at the Los Angeles-based Hollywood studios (formerly old Warner Brothers studios) and the Albuquerque Studios (formerly ABQ studios). It operates an eponymous over-the-top subscription video on-demand service, which showcases acquired and original programming as well as third-party content licensed from other production companies and distributors. Netflix is also the first streaming media company to be a member of the Motion Picture Association.
Learn more about Netflix
Size
11,300 employees
Market Cap
$127.6 billion
Industry
Net Income
$2.7 billion
Founded
1997
5 Year Trend
+27.5%
Revenue
$24.9 billion
NASDAQ

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