Marriott International

MVP, Global Risk Management

Marriott International • $210K — $250K *
Bethesda, MD 20817In-Person
Hospitality & Recreation
11 - 15 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 15+ years in Risk Management, with at least 10 years in a senior role.
  • Bachelor's degree in Finance or a related field.
  • Expertise in leading global insurance strategies across various lines.
  • Proven track record in structuring and negotiating insurance and risk transfer solutions.
  • Experience with captive insurance operations, including governance and regulatory compliance.
  • Strong analytical skills to interpret complex data for senior management presentations.
  • Effective negotiation skills in high-stakes situations.

Responsibilities

  • Set strategic direction for Risk Management at Marriott.
  • Drive proactive risk management to enhance asset value and reduce exposure.
  • Oversee operations of the captive insurance company aligned with risk management objectives.
  • Lead and integrate multiple risk management areas including Insurance and Claims.
  • Advise senior leadership on acceptable risk levels and insurance plan structures.
  • Collaborate with senior executives to identify and resolve brand integrity risks.
  • Manage global insurance programs, including policy placements and broker negotiations.

Benefits

  • Comprehensive health and wellness programs.
  • Opportunities for professional development and growth.
  • Employee engagement initiatives fostering a supportive workplace culture.
  • Access to global networking opportunities within Marriott's extensive international framework.
  • Participation in key talent management and development activities.
Full Job Description
Job Description

JOB SUMMARY

The Managing Vice President, Global Risk Management leads Marriott International's global risk management strategy and operations, with responsibility for Insurance, Claims and Occupational Health Services, Fire & Life Safety, and Operational Resilience. The role has oversight and accountability for minimizing risk and reducing financial loss through the effective management and execution of these disciplines as it relates to associate injuries, guest liabilities, property losses, business interruptions, and other insurable exposures worldwide.

This position sets the strategic direction for the Risk Management organization and serves as a trusted advisor to senior leadership on enterprise risk, insurance program design, captive insurance operations, and risk financing strategies. Working closely with corporate and continent leaders, the Managing Vice President drives organizational effectiveness, fosters cross-functional partnerships, and ensures compliance with its legal, regulatory and contractual obligations while supporting Marriott's long-term business objectives, brand integrity, and growth strategy.

CANDIDATE PROFILE

Education and Experience

Required

  • 15+ years' experience as a Risk Management leader, including a minimum of 10+ years of demonstrated success as a senior Risk Management professional.


  • Baccalaureate degree in Finance or related discipline.


  • Experience leading global insurance strategy across multiple lines of coverage, including engagement with global markets and brokers across multiple insurance lines.


  • Proven ability to structure, negotiate and place traditional insurance and alternative risk transfer solutions and other risk financing arrangements, while maintaining strong market relationships.


  • Experience with the structure and operation of captive insurance companies, including governance, capitalization, regulatory requirements, and alignment with broader risk financing strategy.


  • Strong qualitative and quantitative analytical skills; ability to take large volumes of complex information and present it in a clear and concise manner to senior management, owners and franchisees; uses data and a cogent problem- solving methodology in decision making and impact assessment.


  • Skillful negotiator in tough situations; sells ideas persuasively; settles differences and wins concessions without damaging relationships; can be both direct and forceful while remaining diplomatic.


  • Strong leader of people - ability to create compelling vision, demonstrate flexibility in approach, and motivates others (who may, oftentimes, not be direct reports) to achieve desired results; ability to work in a matrix organization and make things happen without having to own all of the resources; leverages shared resources to achieve results.


Preferred

  • MBA or Master of Science/Graduate Degree in Risk Management


  • Senior leadership experience with a global hospitality company


  • ARM and CPCU designation


CORE WORK ACTIVITIES

  • Sets the strategic direction for Marriott's Risk Management organization. Ensures that the teams leverage and analyze data from market research, vendor relations and business performance to develop cost savings strategies to Marriott International in the procure of services from third party providers.


  • Drives strategic, proactive risk management efforts to ensure the appropriate focus and resources are applied to maximize value and reduce exposure for the Company's existing and future assets worldwide.


  • Leads the strategic utilization of the company's captive insurance company, ensuring its long-term financial health and alignment with enterprise risk management objectives.


  • Provides transformational leadership as a change champion, aligning the Risk Management organizational structure with the company's strategic direction while leading and integrating four core areas: Insurance, Claims, Fire Life Safety (FLS), and Operational Resilience.


  • Serves as an advisor to senior leadership on acceptable risk levels, risk transfer, financial structure of insurance plans and cost allocations.


  • In partnership with Continent Presidents and other senior executives, establishes processes and controls to proactively identify brand integrity risks and creatively resolves them.


  • Collaborates with Legal, Human Resources, Global Design, Development, Internal Audit and other key stakeholders on cross functional, large scale projects/initiatives. Serves as a thought leader related to expert knowledge of business risk.


  • Oversees global insurance programs, including policy placement, broker management, premium negotiations, and alternative risk transfer strategies, delivering significant cost savings for the Company.


  • Provide strategic oversight of claims operations, including high-exposure and reputational risk cases.


  • Partners closely with the Global Safety & Security (GS&S) organization to ensure Risk Management considerations-including Insurance, Claims, Fire & Life Safety, and Operational Resilience-are reflected in organizational priorities and that key data, insights, and information are shared across all Risk Management disciplines.


  • Ensures competitiveness of risk management programs and services through appropriate measurements and benchmarking. Responsible for all aspects of performance, including planning, developing, and measuring the performance of the discipline and evaluating its quality and making changes where appropriate


  • Represents Risk Management in a wide range of internal and external forums and selected insurer advisory boards to ensure Marriott International keeps pace with industry changes.


  • Fosters excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement.


  • Provides strategic counsel on decisions involving significant enterprise risk, leveraging data, industry trends and lessons learned to influence decisions that support long-term enterprise objectives.


  • Participates in key talent management activities such as interviewing and hiring, performance management, human capital reviews; ensures talent development occurs throughout the entire department.


  • Identifies talents of direct reports and their teams and assists with their growth and development to ensure a steady talent pipeline for key positions.


  • Champions excellence in business ethics and integrity, social responsibility, cross-cultural effectiveness, and associate engagement.

About Marriott International

Marriott International is a hospitality company with more than 3,900 properties around the world. Marriot International opened its first hotel in 1957 and operates franchises worldwide. The company’s headquarters is based in Maryland and employees nearly 200,000 people worldwide.   The company was founded by J. Willard and Alice Marriott in 1927 by opening a root beer stand in Washington D.C.

Marriott International Careers

Join the vibrant team at Marriott International, the global leader in hospitality, where career opportunities abound and the potential for growth is limitless. As part of our commitment to innovation and leadership in the industry, we are continuously seeking passionate, creative, and driven individuals to join our diverse team. Work You’ll Do At Marriott International, you will be part of a culture that values diversity, leadership, and professional development. Engage in meaningful work that enhances the travel experience of each guest while fostering a positive environment where all team members can thrive. Our team at Marriott International leads the way in delivering exceptional service and innovative hospitality solutions. With a variety of job opportunities ranging from front-line roles to executive positions, you can find the perfect match for your skills and career ambitions. Marriott International’s commitment to growth and innovation means we are always on the lookout for dynamic professionals to join our team. Whether you are seeking your first job, looking for a challenging leadership role, or aiming to specialize in hospitality management, Marriott offers unparalleled employment opportunities. Internship and Training Programs Kickstart your career with Marriott International’s internship programs. These opportunities provide invaluable industry experience and a chance to develop essential skills in a real-world setting. Interns at Marriott are treated as integral members of the team and are involved in projects that make a tangible impact on the company. In addition to internships, we offer comprehensive diversity training and professional development programs that prepare you for future leadership roles within the company. Our training programs are designed to enhance your capabilities and ensure you are equipped to meet the challenges of the evolving hospitality landscape. Benefits and Career Growth Marriott International believes in rewarding our employees for their dedication and hard work. We offer a competitive benefits package that includes health, vision, and dental insurance, employee discounts, and more. Moreover, we are committed to the professional growth of our employees. Career advancement at Marriott is not just a possibility—it is a priority. Join Our Team Explore the wide range of job opportunities at Marriott International. We are hiring across various departments, including management, customer service, culinary arts, and more. Bring your unique skills and perspective to our team, and help us continue to innovate and lead in the hospitality industry. Networking and Professional Development Stay connected and advance your career through Marriott’s extensive networking opportunities. Our professional community is designed to foster connections that can lead to career advancement and personal growth. Engage with leaders, gain industry insights, and build relationships that will support your career aspirations. Apply Now Ready to take the next step in your career? Search open positions that match your skills and interests on the Marriott Careers page. We look for individuals who are curious, team-oriented, and committed to excellence. Prepare your resume, sharpen your interview skills, and join one of the most respected names in the global hospitality industry. Stay Up to Date Keep informed with the latest career tips, company news, and industry insights from Marriott International. Join our community and discover how you can contribute to the world of hospitality and beyond. Explore job opportunities, embrace professional growth, and become part of a company that values innovation and leadership. At Marriott International, your career journey is just beginning.
Learn more about Marriott International
Size
120,000 employees
Market Cap
$46.5 billion
Industry
Hospitality & Recreation
Net Income
-$267 million
Founded
1927
5 Year Trend
-2.1%
Revenue
$10.5 billion
NASDAQ
MAR
* Ladders Estimates

Similar Jobs

Ad banner background

Get Ready For Your
Next Interview

More Jobs at Marriott International

More Hospitality & Recreation Jobs

Find similar MVP, Global Risk Management jobs:

NationwideBethesda, MD