What are the responsibilities and job description for the Sr. Director, Risk Management position at The Home Depot?
Req178569
Position Purpose
Develops Enterprise-wide strategy for assessing insured risks across all relevant insurance lines, identifies the need for coverage and limits, determines appropriate risk transfer goals, determines the effective use of the insurance market, self-insured retentions, deductibles, captive insurance programs, and RMIS systems
Key Responsibilities
Position Purpose
Develops Enterprise-wide strategy for assessing insured risks across all relevant insurance lines, identifies the need for coverage and limits, determines appropriate risk transfer goals, determines the effective use of the insurance market, self-insured retentions, deductibles, captive insurance programs, and RMIS systems
Key Responsibilities
- 40% - Develop, enhance, and operationalize compliance policies and processes - Ensures compliance with all insurance capital and regulatory requirements. Partners with safety, legal, and finance leaders, among others, to explain insurance programs and their benefits and impacts. Procures and utilizes effective risk management systems.
- 30% - Lead and develop ongoing management of risk program - Provides leadership direction to Risk Management Department. Serves as lead contact for the insurance industry including insurance brokers and the insurance market overall. Selects, develops, and motivates staff within Risk Management.
- 30% - Perform activities to monitor and assess risk on an ongoing basis - Identifies and evaluates insurable exposure. Evaluates appropriate balance between insurance, self-insurance, and captive utilization.
- This Position typically reports to the Vice President, Legal
- This Position has up to 3 Direct Reports
- Typically requires overnight travel 5% to 20% of the time.
- Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions, there may be a need to move or lift light articles.
- Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.
- Must be 18 years of age or older
- Must be legally permitted to work in the United States
- Business or Risk Management degree
- Insurance industry designations such as CPCU, ARM, AIC
- The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
- The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.
- 10
- 10
- None
- None
- None
- Business Insights
- Decision Quality
- Organizational Savvy
- Strategic Mindset
- Expertise in the risk management/insurance discipline
- Flexibility, problem solving, and organizational skills
- Strategic planning and risk management planning experience
- Analytical and decision-making skills