Director of Risk Management

Description : Responsible for developing and implementing comprehensive risk management strategies to minimize potential losses and ensure compliance with regulations. This role plays a crucial role in minimizing the financial and operational risks association with workplace injuries. The ideal candidate will have extensive experience in risk management, strong leadership skills, and a proven track record of success in managing claims effectively. Supervises direct reports. Developing and implementing programs to reduce workplace injuries and accidents. This involves creating safety training materials, conducting workshops and ensuring compliance with safety regulations. Conduct regular risk assessments and audits to identify potential workplace risks, analyze injury trends and evaluate existing safety protocols. Work closely with clients to tailor risk management strategies to their specific needs, offering expert advice on best practices and helping them implement effective safety measures. Ensure that both the insurance carrier and its clients comply with local, state, and federal regulations regarding workplace safety and workers' compensation. Proficiency with risk management software tools, utilizing these tools to track, analyze, and report risk data effectively. This includes implementing new software solutions, as needed, training staff on their use and ensuring integration with existing systems to enhance overall efficiency and accuracy of risk management processes. Provide leadership and guidance to the risk management team, fostering a culture of accountability, professionalism, and continuous improvement. Develop and maintain relationships with insurance carriers, brokers, and other external partners to optimize loss control and minimize workplace injuries. Analyze loss trends and patterns to identify opportunities for process improvement and cost reduction. Requirements : Expert knowledge of Workers' Compensation and Employer's Liability; knowledge and expertise of other product lines. Code Rule 59 and Code Rule 60, preferred. Bachelor's degree in risk management, insurance, business administration, or a related field; Master's degree preferred. Minimum five-ten years of worker's compensation risk management experience at an insurance carrier required. Certified Risk Manager (CRM), preferred.