DIRECTOR RISK MANAGEMENT
Lynnfield, MA 
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Posted 13 days ago
Job Description
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 more

Job 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 assigned

Education and Experience:

  • Bachelor's Degree
  • 10+ 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 Employer

Female/Minority/Veteran/Disabled

"VERVRAA Federal Contractor"



Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

HP HOOD LLC IS AN EQUAL OPPORTUNITY EMPLOYER FEMALE/MINORITY/VETERAN/DISABLED
"VEVRAA FEDERAL CONTRACTOR"

 

Job Summary
Company
Start Date
As soon as possible
Employment Term and Type
Regular, Full Time
Required Education
Bachelor's Degree
Required Experience
10+ years
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