Director, Risk Management

2 weeks ago


Cary North Carolina, United States Cornerstone Building Brands Full time
Job Description

The Director, Risk Management is a key member of the legal leadership team and will work closely with the Company’s general counsel, chief financial officer, EHS leadership, business unit leadership and other top management team members. Reporting to the general counsel, he/she will be responsible for managing all aspects of risk with respect to the organization, its employees, reputation, and assets.  Specific risk areas include operational and product liability, auto, corporate governance, cyber, regulatory compliance, and real property.

 

Primary Responsibilities

Responsible for designing, implementing and leading a global risk management strategy for the organization

Understands and analyzes complex insurance issues and developing and executing appropriate policies and procedures to mitigate the Company’s exposure to risk and to reduce cost

Maintains a leadership role in the tactical execution of all binder requirements, policy renewals and amendments and continual changes in coverage

Responds to numerous queries from carriers, brokers, regulatory agencies and corporate stakeholders across the enterprise, providing requested information daily

Advises internal stakeholders on workers compensation, auto accidents, general liability, professional liability, property, and cyber-crime claims

Ensures the Company is adequately covered and secured across all lines

Reviews, researches and finalizes claims within established regulatory requirements and Company policies

Reviews provider disputes or appeals and provides a detailed analysis of findings

Provides expertise and assistance relative to provider billing and payment guidelines consistent with Company policies and procedures

Develops workers compensation incident reduction programs, shepherds injured employees through work restrictions and resolves open workers comp claims

Provides leadership with loss run analytics and risk mitigation strategies while anticipating changes in the everchanging and expanding risk landscape

Creates and propagates loss run key performance indicators to benchmark risk, rolling out evidence-based risk mitigation initiatives

Maintains detailed metrics and dashboards on vehicle accidents, employee injuries, workers compensation claims, general liability claims and the cost trends associated with each. Utilize data to drive risk mitigation for business units

Recommends and implements risk and cost reduction strategies across all lines of insurance

Manages TPA to rigorous KPIs

Leads by way of example and provides outstanding mentorship to junior claims administrators and colleagues

 


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