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Director, Risk Management
2 months ago
OVERVIEW OF THE COMPANY
Fox Corporation Under the FOX banner, we produce and distribute content through some of the world's leading and most valued brands, including: FOX News Media, FOX Sports, FOX Entertainment, FOX Television Stations and Tubi Media Group. We empower a diverse range of creators to imagine and develop culturally significant content, while building an organization that thrives on creative ideas, operational expertise and strategic thinking.
JOB DESCRIPTION
FOX Corporation is seeking a highly skilled and experienced professional to join our Company as the Director, Risk Management - Insurance. The ideal candidate will play a critical role in ensuring that our organization identifies, assesses, and mitigates all insurable risks across the business.
The Director, Risk Management is responsible for identifying exposures to risk of loss arising out of the Company's operations and developing and directing strategies to eliminate or minimize financial impact. The role will serve as the primary key liaison to our insurance brokers, attorneys, insurance companies, and key management stakeholders. This position requires exceptional analytical abilities, strategic thinking, and the ability to provide effective leadership and guidance to our internal risk management insurance team and external resources, as applicable.
This role will be based out of FOX's Los Angeles Office and will report to the Senior Vice President, Corporate Audit & Risk Management, who is based in New York.
A SNAPSHOT OF YOUR RESPONSIBILITIES
Daily management of the Company's insurance programs strategy
Serve as the primary broker relationship contact
Manage overall insurance-based activities to ensure coordination across the various business stakeholders
Manage and continue to enhance the Company's comprehensive risk management framework to identify, assess, and mitigate risks across the organization
Analyze and evaluate potential risks related to operations, projects, investments, and other activities
Monitor existing risk management policies and procedures, ensuring they are up-to-date, as well as performing periodic policy assessments to ensure insurance coverage provides comprehensive risk management for the business
Collaborate with business units to identify and evaluate risk exposure and develop strategies to minimize potential risks
Perform risk assessments, including the identification and assessment of emerging risks and determination of related insurance needs
Establish key risk indicators and develop monitoring mechanisms to ensure early detection and adequate response to risks
Oversee and manage the risk management team, providing mentorship and guidance to develop their skills and capabilities
Conduct regular risk reporting to senior management, highlighting key risks, trends, and recommended actions
Develop and maintain effective relationships with external stakeholders, including brokers, insurance providers, auditors, and attorneys
Coordinate safety and loss prevention services, especially those provided by insurance companies, with those provided by Environmental Health and Safety
WHAT YOU WILL NEED
Bachelor's degree in Business Administration, Finance, or a related field
15+ years of experience in risk management
Strong knowledge of risk management - insurance principles, methodologies, and best practices
Excellent analytical and problem-solving skills, with the ability to identify risks and recommend appropriate actions
Strong leadership and team management abilities, with a track record of building and developing high-performing teams (utilizing both internal and/or external resources)
Exceptional communication and presentation skills, with the ability to effectively communicate complex risk concepts to a variety of stakeholders
Ability to work collaboratively and influence across different levels of the organization
NICE TO HAVE BUT NOT A DEALBREAKER
Master's degree
10+ years of experience in a leadership position
Experience and knowledge supporting Media and Entertainment industry
Professional certifications such as Certified Risk Manager (CRM) or Associate in Risk Management (ARM)
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