What are the responsibilities and job description for the Director of Risk Management position at Cabot Risk Strategies Llc?
Director of Risk Management
Cabot Risk Strategies, LLC is a dynamic and highly experienced team of insurance professionals dedicated to delivering quality services to our clients. Our goal is to help our clients effectively manage risk through insured solutions; self-funded solutions or a combination of both. As a full-service insurance brokerage and consulting firm, we provide our clients a leading property, liability and employee benefits practice delivering best-in-class solutions and services. Based in Woburn, MA, Cabot Risk Strategies is easily accessed off of 93 and 128, and employs 100 people. Please visit our web site at: https://www.cabotrisk.com.
Purpose and Description:
The Director of Risk Management provides strategic leadership, oversight, and direction for the organization’s enterprise and operational risk management programs. This role is responsible for developing, implementing, and continuously improving risk management strategies that reduce loss exposure, promote a culture of safety, and support the organization’s financial and operational objectives.
The Director leads a team of risk management professionals, partners closely with claims, legal, finance, IT, and external vendors, and serves as a trusted advisor to senior leadership. This position blends strategic planning, data‑driven decision‑making, and hands‑on leadership to proactively identify, assess, and mitigate current and emerging risks.
Essential Job Functions:
- Management oversight, training, support, and performance evaluation of field-based risk management team
- Detailed analysis of current and emerging program losses to establish focused risk management strategies at the program and individual client level supporting a dual partnership philosophy.
- Creation of risk management training and advisory resources targeting loss exposures.
- Compliance with contractual service obligations
- On-going communication with Claim department to conduct root cause and after-action investigation of significant losses.
- Annual creation of Client Action Plan roster.
- Oversight of key processes and deliverables – Safety Committee meetings, action plans, Builders Risk inspections, training modules, DLS/OSHA compliance, client reward and grant opportunities, client services, and on-site inspections and surveys.
Additional Responsibilities:
- Reinsurance – quantify risk management initiatives and results in support of reinsurance negotiations.
- Analytic Reporting – monthly creation and report out of program results to program leadership and reinsurance broker.
- Administration of vendor programs – data accumulation, property valuations, and sensor deployment.
Minimum Requirements
- Bachelor’s degree in Risk Management, Finance, Business Administration, Safety, Insurance, or a related field.
- Progressive leadership experience in risk management, insurance, safety, or loss control.
- Demonstrated experience leading teams and managing complex, multi‑faceted risk programs.
- Strong analytical skills with the ability to interpret data, identify trends, and drive strategic decisions.
- Excellent communication and presentation skills, with experience advising senior leadership.
Cabot Risk Strategies, LLC is an Equal Opportunity Employer
Salary : $90,000 - $130,000