Director of Risk Management and Insurance Procurement

3 days ago


Chicago, Illinois, United States Hyatt Full time
About the Role

We are seeking a highly skilled Director to lead our Risk Management and Insurance Procurement team at Hyatt. As a key member of our Finance, Legal, Human Resources, and Operations teams, you will play a critical role in shaping our risk management strategy and ensuring the company's assets are properly protected.

Key Responsibilities
  • Develop and implement risk analysis, retained risk, and risk transfer programs to minimize exposure and optimize insurance coverage.
  • Negotiate insurance placements and coverage terms and conditions with brokers and insurers.
  • Cultivate and manage relationships with third-party service providers, including brokers, insurers, and risk management consultants.
  • Provide risk management expertise and guidance to corporate departments, regional offices, hotels, and hotel owners.
  • Identify, develop, and recommend strategies to control and minimize risk company-wide.
  • Partner with management to evaluate existing risk management practices and develop creative and cost-effective new risk reduction and management approaches.
  • Provide formal training to corporate, regional, hotel, and hotel ownership teams on relevant risk management issues.
  • Lead the Insurable Risk Management team and be accountable for preparing Board and Executive level presentations for internal and external use.
Requirements
  • 10+ years of progressively responsible corporate risk management, insurance company, or insurance brokerage experience in a complex organization.
  • Bachelor's degree in Insurance/Risk Management, Law, Accounting, Finance, Business Administration, or a related field required.
  • ARM, CRM, or CPCU designation preferred.
About Hyatt

Hyatt is a leading hospitality company that values diversity, equity, and inclusion. We believe in the power of belonging and creating a culture of care, where our colleagues become family. We are committed to nurturing curiosity and new skills, building connections with stakeholders, colleagues, and guests across the organization.

We offer a range of benefits, including annual allotments of free hotel stays, flexible work schedules, work-life benefits, and a global family assistance policy. We are proud to have earned a place on Fortune's 100 Best Companies to Work For list for the last ten years.

We welcome candidates from diverse backgrounds and encourage those who are passionate about risk management and insurance to apply. If you are unsure if you meet all the qualifications but feel inspired to enhance your career, we invite you to apply.



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