Risk Senior Manager Non-Union Position
Treasury; Portland, Oregon (US-OR)
Hybrid schedule available for Oregon & Washington residents.
Regular FT, Exempt
Posting # 5755
NOTE:This hybrid position is based at our headquarters in downtown Portland, Oregon. Candidates must reside within commuting distance of the office or be willing to relocate to the Portland metropolitan area. Employees are required to work onsite Tuesdays through Thursdays each week, with remote work flexibility on Mondays and Fridays, subject to business needs. This schedule supports collaboration, connection, and team engagement while providing flexibility for focused remote work.
Position Summary:We are seeking an experienced and strategic Senior Risk Manager to lead and advance the company's risk management, insurance, claims, and financial risk management programs and teams. This role serves as a key advisor to senior leadership and business partners in identifying, assessing, mitigating, and monitoring risks that could affect the organization's strategic objectives, financial performance, operations, regulatory compliance, or reputation.
The Senior Risk Manager will oversee the company's insurance portfolio, risk management, and utility middle-office risk functions, including credit risk management, contract administration, risk reporting, and compliance monitoring. The ideal candidate brings a combination of insurance expertise, financial acumen, risk management leadership, and strong business partnership skills.
Essential Duties & Responsibilities:Insurance & Risk Financing- Direct the administration of corporate insurance programs, including property, casualty, cyber, environmental, workers' compensation, directors and officers liability, automobile, and specialty coverages.
- Lead annual insurance renewals, underwriting presentations, broker strategy, and carrier negotiations.
- Evaluate insurance requirements related to capital projects, acquisitions, contracts, and new business initiatives.
- Develop recommendations regarding insurance program structure, retentions, deductibles, and alternative risk financing solutions.
- Maintain strong relationships with brokers, insurers, consultants, and external advisors.
- Track insurance market developments and advise leadership on emerging opportunities and risks.
- Collaborate with claims department related to insured and self-insured claims programs.
- Coordinate with internal stakeholders, insurers, third-party administrators, brokers, and legal counsel.
- Monitor and analyze claims and loss trends and identify opportunities to reduce the company's total cost of risk.
- Develop reporting for management and leadership regarding loss trends and risk exposure.
Financial & Commercial Risk Management- Oversee middle-office risk management activities supporting commodity and financial risk management programs.
- Monitor counterparty credit exposure and compliance with approved credit policies and limits.
- Provide oversight of contract administration, transaction confirmation, valuation review, and risk reporting processes.
- Support governance associated with derivative and hedging activities.
- Provide financial derivative guidance and identify risks.
- Partner with treasury, accounting, gas supply, regulatory, and commercial teams to identify and manage financial risks.
- Monitor policy compliance and escalate material risk issues to appropriate management and governance committees.
Governance, Compliance & Controls- Develop and maintain risk management policies, procedures, and internal controls.
- Support internal audit, external audit, and regulatory review activities.
- Promote strong governance practices and risk accountability throughout the organization.
- Ensure accurate documentation and reporting of risk management activities.
- Lead risk awareness and training initiatives across the enterprise.
Leadership & Strategic Partnership- Provide leadership, coaching, and development for risk management team members.
- Establish departmental priorities and performance objectives.
- Lead continuous improvement and risk management technology initiatives.
- Serve as a trusted advisor to executives and business leaders on risk-related matters.
- Proven ability to influence cross-functional stakeholders, build consensus, and drive alignment on strategic and operational objectives.
- Represent the company with insurers, brokers, consultants, industry associations, regulators, and other external stakeholders.
Qualifications:Required Qualifications- Bachelor's degree in Risk Management, Finance, Accounting, Business Administration, Economics, Engineering, or a related discipline.
- Eight or more years of progressively responsible experience in risk management, insurance, finance, treasury, commodity risk management, or related fields.
- Proven ability to build, lead, and develop high-performing teams, including coaching talent, fostering accountability, and driving continuous improvement.
- Demonstrated experience managing commercial insurance programs and enterprise risk initiatives.
- Proven understanding of corporate governance, internal controls, and regulatory compliance.
- Excellent analytical, communication, negotiation, and relationship management skills.
- Ability to communicate effectively with operational teams and executive leadership.
Preferred Qualifications- Experience within the utility, energy, natural gas, infrastructure, or other regulated industries.
- Experience supporting commodity risk management, derivatives governance, credit risk management, or middle-office functions.
- Professional certification such as CPCU, ARM, CRM, FRM, CFA, or an equivalent designation.
- Experience presenting to executive leadership teams and boards of directors.
- Experience implementing or administering risk management systems or technology platforms.
Key Competencies:- Strategic Risk Management
- Insurance Program Management
- Claims Loss Trend Analysis
- Credit Risk Management
- Corporate Governance
- Internal Controls
- Stakeholder Management
- Change Management
- Risk Financing
- Financial Risk Management
- Commodity Risk Management
- Regulatory Compliance
- Executive Communication
- Team Leadership
What we offer:Health & Wellness -
- Rich health insurance benefits with competitive employer contribution
- Free access to an online wellness resources platform
Work Life Balance -
- Up to 23 Vacation Days
- 80 Hours of Sick Time
- 10 paid holidays and 3 floating holidays
- 3 weeks paid parental leave
- Be part of a workplace where your voice matters. Engage with our Diversity, Equity & Inclusion Council, and a variety of Employee Resource Groups that support community and growth.
- 1500 sq foot exercise facility and secure bike room
Financial -
- Meaningful annual incentive bonus opportunity in addition to base salary
- Competitive 401K company contribution and match
- 15% discount on NW Natural stock through Employee Stock Purchase Program
- Up to $5250 a year in tuition reimbursement
- Wellness incentive program
Discounts -
- 20% off natural gas service
- Up to 30% discount at NW Natural Appliance Center
- TriMet Pass for all HQ employees
- Generous discounts with Verizon & AT&T Wireless
Base salary range: $151,850.00 - $224,600.00 per year, depending on qualifications
Annual Target Incentive: Sr. Manager, 15.0% target
Targets are calculated using eligible earnings during plan year participation. Payout, if earned, is based on company and individual performance for each plan year and may range from 0% - 200% of target. Targets are subject to change in subsequent plan years. Must be employed by September 30 in order to receive any prorated payout.
Application Process: To be considered for this position, submit a complete electronic application including cover letter and resume via our website.
https://www.nwnatural.com/about-us/the-company/careers
Deadline:11/10/26 
