What are the responsibilities and job description for the Director of Risk Management (Hybrid)- Spring Valley, NY position at FutureRecruit?
Director of Risk Management (Hybrid)- Full Time
Location: Spring Valley, NY, 10977
What you will be doing:
- Supervise direct reports.
- Provide leadership, guidance, and performance management to staff.
- Develop and implement programs to reduce workplace injuries and accidents, including 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.
- Utilize risk management software tools to track, analyze, and report risk data effectively, implement new software solutions as needed, train staff on their use, and ensure integration with existing systems to enhance overall efficiency and accuracy of risk management processes.
- Foster a culture of accountability, professionalism, and continuous improvement within the risk management team.
- 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.
- Prepare reports and presentations for senior management and stakeholders on risk management and loss control matters.
- Stay informed about emerging trends, best practices, and regulatory changes in the risk management and insurance industries.
- Perform other duties as assigned.
Experience you will need:
- Strong knowledge of risk management principles and insurance products.
- Expert knowledge of Workers' Compensation and Employer’s Liability; knowledge and expertise in other product lines.
- Familiarity with Code Rule 59 and Code Rule 60, preferred.
- Excellent analytical, problem-solving, and decision-making skills.
- Advanced knowledge of insurance principles and regulatory requirements.
- Exceptional communication, negotiation, interpersonal, and leadership skills.
- Ability to effectively manage multiple priorities in a fast-paced environment.
- Attention to detail and accuracy in assessing risk factors.
- Proficiency in risk management software and Microsoft Office Suite.
- Strong organizational and time management skills.
- Ability to interpret financial data and market trends.
- Willingness to travel.
- Bachelor's degree in risk management, insurance, business administration, or a related field; Master's degree preferred.
- Minimum five to ten years of workers' compensation risk management experience required.
- Certified Risk Manager (CRM), preferred.
- Ability to sit at a desk and work on a computer for prolonged periods.
- Ability to stand, walk, reach, and bend for prolonged periods.
- Ability to lift 30 pounds at a time.
Top Reasons to Work with Our Client
- Great work-life balance!
- Market leader in commercial insurance and risk management!
- Offer a wide range of career paths and opportunities for growth!
- Competitive Compensation and Benefits: health insurance, retirement plans, and other benefits!