Description

Job Description

Position: Director of Insurance / Risk Management
This role is responsible for leading a global portfolio of insurance and ensuring the protection and sustainability of operations worldwide. The position plays a critical role in developing and executing risk management strategies across multiple subsidiaries and markets.

Key Responsibilities
Lead and manage the global subsidiary portfolio of insurance, including property, excess liability, Directors & Officers (D&O), and cyber insurance.
Develop and implement comprehensive risk management strategies to support business operations.
Leverage and manage a captive insurance entity to optimize the overall insurance portfolio.
Coordinate and manage relationships with insurance brokers and underwriters to ensure effective placements.
Collaborate with internal teams to support seamless insurance operations and placements.
Monitor and analyze the insurance market to identify trends, opportunities, and risks.
Ensure compliance with relevant regulations and standards.
Provide expert advice and guidance to senior management on insurance and risk management matters.
Prepare and present reports on insurance and risk management activities to the executive team.
Deliver efficient and responsive insurance coverage that meets the diverse needs of international operations.
Ensure strong builder's risk insurance coverage to protect construction and development projects.
Advise on U.S. market-based risks and insurance considerations for global operations.
Manage contractor and vendor insurance requirements directly and through third-party vendors.
Collaborate with internal resources to manage insurance claims.

Requirements

Qualifications
Bachelors degree in Business, Finance, Risk Management, or a related field; Masters degree or professional certification (e.g., JD, CPCU, ARM) preferred.
Minimum of 10 years of experience in insurance and risk management, with a focus on industrials and operations.
Proven experience managing a diverse portfolio of insurance lines, including property, excess liability, D&O, and cyber insurance.
Strong knowledge of global insurance underwriting markets across the USA, London, Bermuda, and Asia.
Expertise in captive insurance entities, particularly Vermont-registered captives.
Excellent relationship management skills with the ability to coordinate with brokers, underwriters, and internal stakeholders.
Strong analytical, problem-solving, and strategic thinking skills.
Excellent communication and presentation abilities.
Ability to work independently and collaboratively as part of a team.
Capable of balancing strategic insurance placements with day-to-day claims management responsibilities.