DIRECTOR RISK MANAGEMENT
Company: HP Hood
Location: Lynnfield
Posted on: May 9, 2024
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Job Description:
Are you a self-driven person looking to advance your career as a
high-impact player on a team? If so, we have an exciting challenge
for you and your future!At HP Hood LLC, we celebrate our
differences. Our diversity of people, backgrounds, experiences,
thoughts and perspectives are fostered to create an inclusive work
environment. We are at our best when we respect and value each
other - One Team One Company!Our culture is built on value
commitments to innovation, quality, results, integrity, community,
people, and collaboration that fosters a strong employee
engagement, teamwork, safety and wellness. We offer a competitive
benefits package that includes health, dental, vision, wellness
programs, employee discounts, 401k matches, tuition reimbursement,
ongoing development, advancement opportunities and more. This
position is also eligible for our bonus program.Founded in 1846,
today Hood is one of the largest and most trusted food and beverage
manufacturers in the United States. Our portfolio of national and
super-regional brands and licensed products includes Hood, Heluva
Good, Lactaid, Blue Diamond Almond Breeze, Planet Oat and moreJob
Summary:The position requires technical expertise in corporate risk
management and the management of commercial insurance programs.The
Director of Risk Management, reporting to the Treasurer, is
responsible for the design, implementation, management, and
monitoring of risk transfer, financing, and prevention
strategies/programs that minimize the adverse impact of loss on HP
Hood LLC and its affiliates. This is accomplished first through the
identification of risks which may cause harm to the reputation
and/or financial prosperity of the organizations. Risk issues are
communicated to management along with recommended strategies for
preventing/mitigating losses, transferring the risk of loss to
insurers and other third parties, and managing accepted/retained
risk. The Director of Risk Management then develops, implements,
manages, and monitors programs/strategies to address such risks.
While there is heavy emphasis on risk transfer/financing programs
provided by commercial insurers, the position also requires
evaluation and implementation of other non-insurance strategies
that support business objectives.The Director of Risk Management is
also responsible for compliance with insurance and surety bond
regulatory requirements in connection with Workers' Compensation,
underground storage tanks, employee welfare plans, and various
licensing/permitting processes.The Director of Risk Management,
with the support of the Casualty Claims Manager, is responsible for
oversight to ensure that risk management policies, procedures, and
practices are implemented throughout the organizations. This
involves direct interaction with all levels of management and
staff.Essential Duties and Responsibilities:Direct insurance
brokerage activities in designing, negotiating, implementing, and
managing corporate insurance programs.Working in conjunction with
brokerage/insurer resources and Operations teams, develop
Property/Casualty loss prevention/control programs and coordinate
implementation/compliance with line management.Working with the
Casualty Claim Manager, manage all Property/Casualty claims
processes.Coordinate and participate in onsite insurer engineering
surveys at plants and other locations, and facilitate line
management response to engineering recommendations.Manage plant
self-audit loss prevention inspections.Prepare and maintain
insurance/loss cost analytics and recordkeeping in support of
accounting, management reporting, and insurance program audit
requirements.Develop insurance/loss cost budgets, allocation
metrics, and support accounting functions in the allocation of
costs/losses to business units.Provide technical support to legal
department and other business units in developing insurance and
other risk control requirements for third party business partners.
Develop written contract language outlining such
requirements.Direct and supervise Casualty Claims Manager position,
with responsibility for performance management, evaluation, and
accountability.Work in close coordination with environmental health
& safety, human resources and operations staff in the
administration of claims management and other risk control programs
and processes. Participate in, and present risk topics at,
monthly/annual safety calls and meetings.Stay current on evolving
risk issues, strategies and solutions and keep management informed
as appropriate.Work with IT information security risk staff on
continued development of cyber security risk programs.Manage
interdepartmental cyber security committee.Other duties as
assignedEducation and Experience:--Bachelor's Degree10 years of
corporate risk management or other applicable commercial insurance
experience.CPCU, ARM, insurance brokerage license or other similar
professional designations are highly preferred.Skills and
Competencies:----Proficiency in Microsoft Outlook, Excel, Word, and
Power Point.Strong written/verbal communication and group
presentation skills.Ability to communicate with all levels of
management/staff and ability to independently build relationships
and foster teamwork.Must be able to analyze, summarize, take
initiative, solve problems and drive for results.Frequent travel is
required.Full-time position with 100% in-office workday presence
requirement (not a remote or hybrid position).--HP Hood is an Equal
Opportunity EmployerFemale/Minority/Veteran/Disabled"VERVRAA
Federal Contractor"--
Keywords: HP Hood, Peabody , DIRECTOR RISK MANAGEMENT, Executive , Lynnfield, Massachusetts
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