Vice President Risk Management

Salary depends on experience
Posted on 10/31/17
Cherry Hill, NJ
11 - 15 years experience
Managed Care & Health Insurance
Salary depends on experience
Posted on 10/31/17


The Vice President of Risk Management provides leadership to ensure the optimal design and alignment of all risk management functions in support of NFI’s mission, vision and values. Serves as a key executive leader and strategic advisor on risk management across the enterprise. Leads the development and implementation of a risk management vision that delivers strategic thought and partnership to Operations, Corporate, HR, Legal, IT and Finance leadership. Develops and maintains risk management programs that are designed to identify, eliminate or reduce, and insure against potential risks to NFI and its related entities and customers. This involves a combination of risk management functions including risk management education and support to the field, claims oversight and management/support of the property, casualty and captive insurance programs. 

Essential Duties & Responsibilities: 

  • Stay abreast of current issues in loss prevention, safety and security in order tobetter support the field with resources. This includes travel to business unit locations for meetings, provision of educational offering and to perform loss prevention site surveys.
  • Provide risk/loss prevention education/training programs for facilities in OSHA and NFTA standards. Monitor and revise programs based on actual results.
  • Identification of loss events requiring establishment of Claim file, Critical Event Analysis, or Root Cause Analysis.
  • Identification of incident/event trends with direction/guidance in implementation of improvement actions to prevent recurrence. This includes management and control of the incident reporting process and systems.
  • Oversight of worker’s compensation director/manager and the worker’s compensation program.
  • Claims administration oversight for worker’s compensation, auto, property, crime, aviation, environmental, etc. claims with TPA’s and internal claims staff.
  • Assist in the underwriting of insurance coverages in order to obtain the broadest coverage for the most cost effective price; assist in establishment reportingprocesses to carriers and provide education/oversight to field regarding compliance with reporting.
  • Maintain day to day responsibilities relating to the upkeep of various insurance programs including reporting changes, coordinating audits, etc.
  • Assist in risk management due diligence on potential acquisitions and customer contacts.
  • Identification of new opportunities for departmental impact towards lowering thetotal cost of risk. Creates projects designed to assist others within the organization to effect such cost reductions.
  • Maximize use of captive insurance programs.



  • Bachelor’s degree required (Accounting/Finance/Risk Management preferred).
  • Master’s degree preferred.
  • ARM or CPCU certification preferred. 


  • Minimum of ten (10) years of progressive experience in risk management with five (5) plus years of enterprise wide risk management experience required.
  • Minimum of ten (10) years management experience required.
  • Minimum of three (3) years Alternative Risk/Captive Program management.
  • Corporate leadership experience required. 


  • Ability to think strategically and implement locally across various levels ofmanagement.
  • Extensive knowledge and experience in insurance, risk management and claims management.
  • Exceptional relationship, team and people development skills.
  • Ability to manage and develop team effectively.
  • Strong financial acumen understanding the financial impact of decision and impact on overall organization.
  • Ability to facilitate and ensure integration of initiatives, projects and partnerships.
  • Transformational change leader and systems thinker with a demonstrated track record of leading change in a complex environment.
  • Executive presence in written and verbal communications and presentations.
  • Excellent interpersonal skills with the ability to work collaboratively with all levels of the organization.
  • Ability to facilitate resolution of conflicts, handling highly charged problems and situations in a calm and objective manner.
  • Ability to travel up to 25%.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employeesor applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access tothe compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants toindividuals who do not otherwise have access to compensation information, unless thedisclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by theemployer, or (c) consistent with the contractor’s legal duty to furnish information.

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