DIRECTOR RISK MANAGEMENT
Company: HP Hood
Location: Lynnfield
Posted on: April 20, 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 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
EmployerFemale/Minority/Veteran/Disabled"VERVRAA Federal
Contractor"
Keywords: HP Hood, Cambridge , DIRECTOR RISK MANAGEMENT, Executive , Lynnfield, Massachusetts
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