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Director, Risk
2 months ago
Pursuit is searching for a Director of Risk & Insurance to lead our global insurance programs. The ideal candidate will have extensive experience in risk management and insurance within the hospitality industry and a portfolio of tangible outcomes from successful management of these functions.
Pursuit's Director of Risk & Insurance will be responsible for identifying, assessing, and managing risks across our global operations, with a particular focus on insurance coverage and claims management. This role involves developing and implementing risk management and insurance strategies, policies, and procedures to protect the company's assets, reputation, and stakeholders.
The Director of Risk & Insurance must be insightful and intimately familiar with global insurance markets and related instruments. With proficiency in risk management processes and principles, along with expert-level knowledge of insurance programs, the successful candidate must be an authority in risk mitigation and capable of advising senior business leaders on all matters related to insurance and risk.
What is the compensation for this role?
The salary range for this role is $130,000/year to $160,000/year based on experience and skill set. This role is eligible for a yearly 20% bonus. Pursuit offers a full suite of benefits, including flexible time off, a 401k contribution matching plan, and discounts at our hotels, restaurants, and attractions.
What will you do in this job?
Insurance Program Management:
- Design, implement, and manage Pursuit's global insurance programs, including property, liability, workers' compensation, and other relevant lines of coverage.
- Negotiate with insurance brokers and carriers to obtain the most favorable terms, conditions, and coverage.
- In a business partnership capacity, provide recommendations to senior leaders regarding decisions needed to balance the appropriate levels of coverage and cost to the organization.
- Work closely with operations leadership, legal and corporate development teams to ensure that newly acquired business operations are equipped with the appropriate coverage at the appropriate cost, always in a timely manner post-acquisition.
- Oversee the administration of insurance claims, ensuring timely and accurate reporting, investigation, and resolution.
- Work closely with legal and finance teams to manage claims disputes and litigation, as necessary.
- Identify, analyze, and assess potential risks affecting Pursuit, including financial, operational, strategic, and reputational.
- Conduct regular risk assessments and develop risk profiles for each line of business (LOB) and collection.
- Develop and implement comprehensive risk management strategies and action plans to mitigate identified risks.
- Monitor the effectiveness of risk management strategies and adjust them as necessary to address emerging risks and changing conditions.
- Develop, update, and enforce risk management policies and procedures in compliance with industry standards and regulatory requirements.
- Ensure team members are aware of and adhere to risk management policies and procedures.
- Develop and maintain crisis management and business continuity plans to ensure Pursuit can rapidly respond to emergencies and disruptions.
- Lead crisis response efforts and coordinate with relevant stakeholders during emergencies.
- Provide training and education to leaders and team members on risk management practices, policies, and procedures.
- Promote a culture of risk awareness and proactive risk management throughout the organization.
- Ensure that the company's insurance coverage is clear and well-understood throughout the senior levels of the organization.
- Prepare and present regular risk management reports to senior leadership.
- Maintain accurate records and documentation related to risk assessments, incidents, and mitigation efforts.
- Collaborate with internal and external stakeholders, including legal, finance, operations, and insurance teams, to manage risks effectively.
- Liaise with regulatory authorities, industry bodies, and external consultants as needed.
- Stay updated on industry trends, best practices, and emerging risks in the hospitality industry.
- Continuously improve risk management processes and strategies to enhance Pursuit's risk resilience.
Education
- Bachelor's degree in Risk Management, Business Administration, Finance, or related field; Master's degree a plus.
- Professional certification in risk management or insurance (e.g., CRMP, FRM, PRM, CERA, CPCU) strongly preferred.
- Minimum of 5-7 years progressive experience in risk management and insurance within the hospitality industry, with a focus on global operations.
- Proven ability to develop and implement effective risk management strategies and action plans that have translated into tangible results.
- Experience in crisis management and business continuity planning.
- Strong understanding of risk management principles, methodologies, and tools.
- Exceptional analytical, problem-solving, and decision-making skills.
- Strong communication and interpersonal skills, with the ability to influence and collaborate with stakeholders at all levels.
- Knowledge of relevant regulatory requirements and industry standards.
- Ability to travel internationally.
What will your work environment be like?
Pursuit is a hospitality and attractions company that connects guests and staff to iconic places through unforgettable and inspiring experiences and strives to become the world's leading provider of experiential adventure travel. Pursuit generates revenue and shareholder value as one of two business units operated by Viad, an S&P SmallCap 600 international experiential services company, traded on the New York Stock Exchange under the symbol VVI.
We deliver rich travel experiences to the global market in iconic destinations through its unique hotels and lodges, recreational attractions, ground transportation services, retail, food and beverage, sightseeing, tours and travel products. Today, the company enjoys strong perennial demand with operations in or adjacent to Banff, Jasper and Waterton Lakes National Parks in Canada, and Glacier and Denali National Parks in the United States in addition to FlyOver Canada in Vancouver, B.C., FlyOver Iceland in Reykjavik. In addition, new attractions coming soon include two FlyOver theater attractions in Las Vegas and Toronto, and a premier oceanfront geothermal lagoon experience near Reykjavik, Iceland - Sky Lagoon. The company is executing an aggressive growth strategy, expanding into multiple geographies and iconic locations that enjoy perennial visitor demand.
We are strengthening and improving our culture, our attractions and our operations to deliver these unforgettable guest and staff experiences. We will work hard to refine and execute our strategic plan for the expansion of the business, accelerate profitable revenue growth through strategic capital deployment, drive strong organic growth of our existing businesses, and acquire unique and complementary businesses. We will work tirelessly to build a strong entrepreneurial, fun and rewarding culture for our team members.
Closing
Pursuit is an Equal Opportunity Employer committed to diversity in the workplace. We evaluate qualified applicants without regard to race, color, age, religion, gender, sexual orientation, disability, veteran status, and other protected characteristics.
Pursuit places a high value on diverse backgrounds and experiences, recognizing that they serve as catalysts for creativity and innovation. We encourage individuals who are eligible to work in the USA to apply and join our inclusive team
We are working to eliminate barriers for applicants and team members from equity-deserving groups. If you can't apply online or need accommodation during the application or hiring process, please contact our Talent & Acquisition Team at [redacted].
We thank all candidates for their interest; however, please note that only applicants selected for further consideration will be contacted.
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