Director, Risk Management
Washington, DC
Senior · Full time
Posted 4 months ago
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The Director, Risk Management assists and supports the Senior Vice President in the administration of the Nationals insurance program and the identification, assessment, mitigation, and monitoring the company's operational and strategic risk. This position develops risk management practices and policies to analyze and report enterprise risks, and to manage those risks according to the organization’s risk management framework and in conjunction with MLB and insurer guidelines. The Director handles all operational risk management activities of the organization. This person provides key inputs to the company's enterprise risk committee that oversees the enterprise risk management processes and ensures alignment with organizational objectives.

The Nationals are a military-friendly organization actively recruiting veterans and spouses.

Essential Duties and Responsibilities:

  • Collaborate cross functionally across departments to implement risk management & insurance best practices and initiatives.
  • Ensure that the organization's risk management policies and strategies comply with applicable regulations, laws, insurance policies, MLB guidelines and strategic requirements of the organization.
  • Provide efficient, courteous and personalized service to all Departments, with the goal of managing risk and exposures to support the overall goals of Club.
  • Analyze and propose viable solutions for managing risks, including new projects/technologies and determine the appropriate method of risk management.
  • Work with CFO, General Counsel and SVP to support both League-wide insurance renewal submission, any local renewals and any new insurance program placement strategy, negotiation and execution. Identify weaknesses or deficiencies in insurance coverages.
  • Work with MLB insurance department to understand League Wide insurance program component and terms and conditions on an ongoing basis.
  • Regularly walk the ballpark to identify any issues impacting risk that need to be addressed such as infrastructure deterioration and needed repairs or reconfiguration.
  • Work in partnership with the legal department and MLB to review insurance language in agreements and make suggestions to minimize risk.
  • Coordinate with finance on the preparation of the risk management budget, collection and compliance monitoring of insurance certificates and monetary analysis of risk mitigation efforts.
  • Track and manage insurance claims, including coverage analysis and make recommendations to minimize loss costs.
  • Track and manage loss control recommendations, with a focus on the ones that have the greatest return on investment and ability to minimize potential loss.
  • Responsible for all risk management planning activities for the organization.
  • Participate in the enterprise risk management committee and prepare quarterly reports for its meetings.

Requirements:

Minimum Education and Experience Requirements

  • Bachelor’s Degree in related field.
  • Minimum of 5 -10 years’ experience managing risk and insurance, preferably in a Sports/Entertainment environment.
  • Proficient Computer, data entry and MS Office skills
  • A valid driver’s license in good standing.

Knowledge, Skills, and Abilities necessary to perform essential functions

  • Excellent knowledge of the overall insurance marketplace.
  • Working understanding of claims best practices, including Workers Compensation, General Liability, Property, and other lines of insurances.
  • Knowledge of Regulatory Compliance
  • Self-motivated starter that operates independently.
  • Strong project management skills.
  • Excellent strategic and analytical skills.
  • Strong data and financial modeling skills.
  • Skilled negotiator.
  • Superior written and verbal communication skills.
  • Able to multitask and be detail oriented.
  • Professional demeanor with strong interpersonal skills.
  • Excellent customer service aptitude.
  • Comfortable in a fast-paced environment.
  • Ability to handle sensitive, confidential information appropriately.
  • Professional risk manager certifications are a plus.

Physical/Environmental Requirements

  • Working conditions are normal for an office environment. Work may require occasional weekend and/or evening work.
  • While performing the duties of this job, the employee is regularly required to stand or walk, use hands to finger, handle or feel objects, tools or controls, reach with hands and arms.  Must have clear vision at 20 inches or less.  The employee is occasionally required to stoop, kneel, crouch, sit or crawl.  The employee must occasionally lift and/or move up to 45 pounds.
Washington Nationals
The Washington Nationals are a Major League Baseball team based in Washington, D.C.
Size:  501-1000 employees
Year Founded:  2005
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