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Director, Workers' Compensation

3 months ago

Bath, United States General Dynamics - Bath Iron Works Full time

**Job Description**:
**Role and Responsibilities**
- ** Leadership and Strategic Management**:

- Lead the development, innovation, governance, and management necessary to identify, evaluate, mitigate, and monitor the company's operational and strategic risks.
- Ensure compliance with applicable regulations, agency standards, and the strategic imperatives of the organization.
- Utilize business process knowledge and operational perspective to provide solutions for non-insurance related business risk issues.
- Seek ways to optimize risks to provide a competitive business advantage.
- ** Insurance Management**:

- Oversee the company’s insurance programs, manage claims and loss control activities.
- Manage relationships with third-party service providers including brokers, insurers, and TPAs.
- Prepare loss analyses and budgets, identify exposures, recommend and implement approved solutions.
- Promote loss prevention, update, and monitor compliance with company insurance procedures
- Support BIW’s maintenance of insurance coverage through General Dynamics’ corporate insurance programs, including underwriting information compilation, coverage placement, claims administration, and loss forecasting.
- ** W**orkers’ Compensation Self-Insurance Program**:

- Direct the administration of first-party workers' compensation claims, including reporting, investigation, analysis, litigation management, and resolution.
- Manage litigated and moderately complex claims with significant settlement authority.
- Communicate claims management philosophy and strategy to BIW senior leadership.
- Maintain and manage relationships with claims adjusters, insurers, outside legal counsel, and other claims-related parties.
- Ensure compliance with federal and state reporting requirements to maintain self-insurance authority.
- Provide financial analysis and forecasting of losses to assist in overhead cost control and forward pricing estimates.
- Support external and internal audit activities associated with SOX controls, regulatory compliance, and actuarial liability valuations.
- Manage BIW’s self-insured workers’ compensation program and supervise a team of adjusters and administrative professionals involved with claim adjudication.
- ** Environmental, Health, and Safety (EHS) Support**:

- Support the company’s EHS functions and programs to reduce accidents, occupational illnesses, and exposure to long-term health hazards
- ** Regulatory Compliance**:

- Stay updated on relevant laws and regulations affecting workers’ compensation and risk management.
- Ensure company compliance with OSHA standards and other regulatory requirements.

Required/Preferred Education/Training:

- Bachelor’s degree in Risk Management, Business Administration, Human Resources, or related field required.
- Advanced degree (MBA, JD, etc.) preferred.

Required/Preferred Experience:
**Required/Preferred Experience**
- Minimum of 10 years of experience in workers’ compensation and risk management.
- Minimum of 5 years in a leadership role, managing teams and projects.

**Certifications**
- Professional certifications such as ARMS (Associate in Risk Management), CPCU (Chartered Property Casualty Underwriter), or similar are highly desirable.

**Required Skills**:

- Strong knowledge of workers’ compensation laws and regulations.
- Excellent analytical and problem-solving skills.
- Superior communication and interpersonal skills.
- Ability to lead and motivate a team.
- Proficiency in risk management software and tools.