Director of Risk Management

2 weeks ago


Janesville, Wisconsin, United States Blain's Farm & Fleet Full time

What We Offer:

At Blain's Farm & Fleet we believe everyone deserves the opportunity to have a job they love, work in a great environment, grow their career, and enjoy a positive balance.


As a family-owned retailer we take pride in offering a competitive benefit package designed to support you & your life.

It is one of the reasons we have been named a
Forbes Best Employer for
five consecutive years

  • All major Holidays & Birthday off
  • Advanced Leadership Training Programs: build the skills to grow your career
  • Associate discount on name brands like Carhartt, Under Armour, STIHL, Milwaukee Tool, DeWalt & much more
  • Internal recognition programs that support an engaged workplace
  • Profit Sharing
  • 401(K) with company match

What You'll Do:
Blain's is seeking a highly skilled and experienced
Director of Risk Management to join their dynamic team.

This Director will play a crucial role in identifying, assessing, and mitigating risks associated with their operations, ensuring the overall stability of their business.

The incumbent will work closely with key functional directors at multiple levels of the business to identify and report ongoing and emerging risks as well as will advise and implement controls to mitigate risks.

This leader will coordinate with the Compliance and Legal departments to ensure that all regulatory risks are adequately addressed and will facilitate risk reviews with regulators when required.


The Director of Risk Management will oversee all Risk Management efforts by maintaining and reviewing insurance coverages as well as developing programs and processes to mitigate claims costs and insurance premiums.

This leader will maintain a smooth process for insurance procurement, claims management, and vendor/contractor management. Additionally, they will continue to evaluate these core processes and look for areas for improvement.

This individual will manage risk in the areas noted below.

This is not a full/comprehensive list as additional responsibilities will be identified and incorporated into the mandates below:

  • Management of all business insurance;
  • Management of all claims, including but not limited to property, worker's compensation, general liability, excess/umbrella coverage, and cyber;
  • Management of all insurance claims;
  • Communication with all insurance companies and brokers as well as all attorneys;
  • Negotiation of settlements, including civil litigation and worker's compensation;
  • Negotiation of coverages and all premiums.

KEY RESPONSIBILITIES:

  • Develop risk review processes for new product development, new business development, and corporate development activities;
  • Develop policies, procedures, limits or thresholds (as required), escalation protocols, etc.; review all policy language and be a risk advisor and facilitator to all functional leadership and associates as needed;
  • Manage the Risk department, holding budget, administrative, and supervisory responsibility;
  • Handle all issues escalated from within the Risk department (e.g., complex insurance matters, contract language, insurance waiver requests, customer/vendor/terminal inquiries, etc.);
  • Oversee broker on all insurance matters, including strategic or complex program design and structure, analysis of insurance limits and deductibles, coverage questions, etc.;
  • Own selfassessment of enterprise risks, with output providing risk prioritization and ownership by the executive team;
  • Be accountable for insurance renewal, including budget development; review all insurance quotes for appropriate coverage and pricing;
  • Review contracts, including complex contract requirements escalated from Legal or Risk; partner with Legal to determine other insurance requirements based on scope of work, negotiating with vendors and their brokers on contract requirements, acceptable endorsements, etc.;
  • Oversee insurance coverage review, including the review of policies for coverage gaps and uninsured exposures, interpreting current policy language to identify areas for coverage improvement;
  • Be accountable for claims management:
  • Manage all insurance-related litigation; oversee the discovery process, evaluate exposure, and develop a resolution strategy:
  • Develop policy in a proactive and timely manner, particularly in regard to environmental, safety, and health.
  • Conduct regular claim reviews with adjusters to ensure claim resolution strategies remain appropriate;
  • Work with Accounting to ensure appropriate claim accruals and expected reimbursements.

As an organizational leader:

  • Develop and implement a comprehensive risk management strategy tailored to the retail industry, addressing operational and strategic risks;
  • Manage insurance procurement; develop and implement risk management and compliance policies/procedures and manage claims and litigation; coordinate and/or manage all vendor contracts and the vendor approval process;
  • Lead a team of two associates (Environmental Heal


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