Director of Risk Management

About the job Current Team Members Apply Here Patrick Industries, a publicly traded company headquartered in Elkhart, Indiana, invites you to join a team of dedicated Team Members who are passionate about delivering high-quality products and exceptional customer service. As a leading solutions provider serving a diverse range of markets across the United States, our commitment to innovation, quality, and sustainability has positioned us as a high growth, diversified and empowered Team of more than 10,000! Your adventure awaits! We are seeking a Director of Risk Management to join our organization in Elkhart, IN. The Director of Risk Management will establish risk tolerances, identify exposures, and coordinate with legal counsel and insurers to manage incidents and claims. This is a hands-on role requiring strong analytical capabilities, cross-functional collaboration, and a deep understanding of enterprise risk dynamics. Responsibilities & Duties Oversee daily operations of the risk management function, ensuring alignment with Patrick’s strategy and compliance standards. Working collaboratively across our diverse group of businesses to establish and communicate acceptable risk tolerances for business units, product lines, and programs. Develop and maintain risk registers, heat maps, and exposure models to quantify potential liabilities. Implement and monitor loss prevention strategies to safeguard physical, financial, and reputational assets. Ensure compliance with safety regulations, industry standards, and risk-related legislation. Lead and/or coordinate investigations into accidents, losses, or risk events; document findings and recommend corrective actions. Maintain Domestic & Foreign Statement of Values (SOVs) Represent the organization in legal proceedings, insurance claims, and settlement negotiations. Oversee the Property & Casualty (P&C) insurance policies protecting the enterprise and leading the process of their renewals Serve as a liaison between Patrick’s internal partners including leadership, legal, finance etc. and external partners including insurance providers, brokers, adjusters, underwriters etc. Maintain legacy life insurance policies including monthly tracking and quarterly reconciliations Manage insurance coverage strategy, including policy selection, renewals, and claims administration. Prepare and deliver regular risk reports and insights to designated teams, including executive leadership. Communicate risk implications and mitigation strategies across departments and stakeholders. Qualifications & Skills Bachelor’s degree in risk management, Business Administration or related field (Master’s preferred). Certified Risk Manager (CRM), RIMS-CRMP, or similar certification is preferred. 10+ years of experience in corporate risk management, loss prevention, or insurance strategy. Proven leadership experience of the function with the ability to work cross-functionally. Strong knowledge of risk quantification methods, insurance markets, and regulatory compliance. Excellent communication, negotiation, and incident management skills. Familiarity with safety standards, legal processes, and enterprise risk frameworks. Experience in asset-intensive industries such as manufacturing and/or logistics. Ability to navigate complex claims and legal proceedings with professionalism and discretion. Skilled in building relationships with legal counsel, insurers, and regulatory bodies. Self-motivated with proven track record showing the ability to prioritize multiple projects under tight deadlines and work independently with limited oversight. A high level of personal integrity (self-esteem, self-awareness, humility, confidence, honesty, and respect) are necessary qualities. Align with Patrick Industries “BETTER Together” mentality by pursuing Balance, Excellence, Trust, Teamwork, Empowerment, and Respect within the organization. At Patrick Industries, BETTER Together is our commitment to being our best while striving to bring out the best in one another as we join forces Individually, as Teams, with our Business Units, with our Customers, our Communities and within our entire Patrick family. Patrick is an Equal Opportunity Employer. Location: Elkhart, Indiana, US, 46516 Work Arrangement: on-site See more