Risk Manager

Position Summary:

Responsible for maintaining Ventura's global insurance program and collaborating internally with key stakeholders (Operations, Health & Safety, Legal, etc.) and externally with brokers, insurance carriers, outside counsel, and other Risk Managers to understand and mitigate current and potential property and casualty risk to the Company.  Reduce the company's total cost of risk through premium and coverage negotiations with insurance brokers and carriers, effective management of risk mitigation and claims handling and resolution. Additionally this role will partner with Enterprise Risk Management (ERM) leadership to develop, implement and maintain an effective ERM program and collaborate with cross-functional partners to mitigate, manage and monitor enterprise-wide risk.  

Major Duties and Responsibilities:

• Manage the company's Domestic and international insurance programs which include, but are not limited to: property, boiler & machinery, business interruption, general & excess liability, workers compensation, automobile, Directors and Officers, employment practices, cyber, product recall, environmental, cargo, fiduciary/fidelity, misc. bonds, etc. Prepare all insurance policy renewal submissions. Collaborate with insurance broker(s) to negotiate and market as needed for insurance lines. Establish insurance budgets, allocations and analysis for accruals. 
• Work directly with property insurance carriers to identify and create collaborative risk mitigation plans across our plants and headquarters. Includes periodic annual field engineering risk audits at all locations.
• Work in conjunction with Legal and EHS on Workers' Compensation, product liability, product recall claims and loss prevention programs.  Oversee all insurance claims and work directly with adjusters and legal counsel investigating, evaluating and determining resolution plan. 
• Review insurance clauses for vendor and customer contracts and agreements. Approve or recommend changes as needed to comply with vendor/customer/company requirements.
  Manage certificate of insurance compliance.
• Interface with insurance brokers and carriers to explore potential new business exposures, assess risk and determine appropriate coverages and services to align with company initiatives, growth and local jurisdictional laws. 
• Support the Company's ongoing Enterprise Risk Management program (ERM) being led by the VP of ERM and Internal Audit.  Routinely evaluate enterprise risks and gain Management alignment/focus on top risks.  Collaborate with key stakeholders to develop ERM framework and process to evaluate, mitigate and manage top enterprise risks in order to help the company attain its strategic goals and financial objectives.
• Manage Company Fleet Service (autos), including procurement, maintenance and disposal of all company autos.

Education and Experience:

• Bachelors degree required
• 5-7 years of experience in a manufacturing, insurance or brokerage environment or equivalent required
• Risk management certification (ARM, CRM, CPCU) highly desired

Knowledge and Skills:

• Excellent oral and written communication skills required
• Must be a self starter; capable of working with minimal supervision
• Possess excellent analytical and influencing/negotiating abilities
• Strong team player and must be able to work successfully at all levels of the organization, to influence positive outcomes