Senior Director, Risk Management & Insurance
The Senior Director, Risk Management and Insurance is responsible for leading the organization’s global property and casualty (P&C) insurance strategy, property risk engineering and loss prevention activities, and captive insurance company operations. This role oversees all major P&C lines of coverage — including property, casualty, D&O, and Cyber — while driving a proactive, enterprise-wide approach to risk identification, mitigation, and financing.
The Senior Director partners closely with Finance, Legal, Operations, IT, and HR to protect the company’s assets, balance sheet, leadership, and reputation. This leader will optimize total cost of risk, enhance operational resilience, and ensure alignment between risk financing strategy and the company’s broader financial and strategic objectives.
Key Responsibilities:
Enterprise Insurance Strategy & Risk Financing
- Develop and execute a comprehensive global P&C insurance strategy across all coverage lines.
- Design multi-year risk financing strategies leveraging deductibles, self-insured retentions, layered programs, parametric solutions, and alternative risk transfer structures.
- Lead annual P&C insurance renewal strategy and negotiations with brokers and carriers to optimize coverage, structure, and cost.
- Benchmark programs against peer organizations and evolving market conditions.
- Align insurance strategy with company risk appetite and capital allocation priorities.
Captive Insurance Company Oversight
- Provide executive oversight of the company’s captive insurance entity including governance, capitalization, and utilization strategy.
- Evaluate opportunities to expand captive participation across additional coverage lines, potentially including employee benefit coverages in partnership with the Benefits team.
- Oversee captive financial performance, potential reinsurance placements, and regulatory compliance.
Property & Operational Risk Management
- Provide executive oversight for global property risk engineering and loss prevention activities conducted by in-house risk engineers and vendor partners.
- Manage business interruption and contingent business interruption risk assessment.
- Oversee property risk engineering and loss prevention standards and guidelines for new facilities, expansions, and acquisitions.
- Oversee team’s partnership with Operations and Facilities to reduce frequency and severity of losses.
Claims & Loss Management
- Provide executive oversight of significant or complex claims across all P&C coverage lines, including coordinating with other functions as appropriate.
- Ensure compliance with internal and external governance and reporting requirements and processes for high-severity losses.
- Support cross-functional root cause analysis and corrective action planning, as appropriate.
Risk Analytics, Reporting & Governance
- Develop enterprise-level risk analytics and exposure modeling capabilities.
- Oversee the maintenance of comprehensive insurance and exposure databases.
- Provide executive and Board-level reporting on risk exposure, insurance market trends, and program performance.
- Support M&A due diligence and integration of acquired entities into insurance and captive programs.
Leadership & Stakeholder Engagement
- Lead and develop a high-performing insurance and risk management team.
- Build strong relationships with brokers, insurers, reinsurers, actuaries, and advisors.
- Foster a culture of risk awareness and accountability across the organization.
- Serve as a trusted advisor to senior leadership during crisis events and major incidents.
Qualifications
- Bachelor’s degree in Risk Management, Finance, Business, Engineering, or related field (MBA preferred).
- 15+ years of progressive experience in a corporate insurance and risk management environment (and/or similar experience in insurance brokerage or insurance company operations), including multi-line program oversight.
- Experience managing or overseeing a captive insurance company strongly preferred.
- Deep expertise in property, casualty, executive liability, and cyber insurance structures.
- Strong financial acumen, including understanding of balance sheet risk, reserves, and capital allocation.
- Experience supporting global operations and complex risk profiles.
- Professional certifications such as CPCU, ARM, RIMS-CRMP, or ACI preferred.
Key Competencies
- Strategic risk financing expertise
- Executive presence and Board communication capability
- Strong negotiation skills and market credibility
- Analytical and data-driven decision-making
- Cross-functional leadership and influence
- Crisis management and resilience leadership
Posted Date: 05/11/2026
This role will be posted for a minimum of 3 days.
United States of America Pay Ranges:
- USN : $155,900 - $259,700 USD Annual
- US10 : $171,500 - $285,700 USD Annual
- US15 : $179,300 - $298,700 USD Annual
- US20 : $187,100 - $311,600 USD Annual
- US30 : $202,700 - $337,600 USD Annual
Recommended Jobs
Delivery Driver Detroit, MI
Job Description Medical Delivery Driver (Independent Contractor – 1099) Medical Delivery Services is contracting Independent Drivers (1099) for medical delivery routes using your own vehicle. No d…
Associate Veterinarian
$20,000 signing bonus! Base salary range : $100,000-$150,000 or 20% of gross, whichever is greater. Shift Type: Four-day work week and only one-half Saturday a month Benefits : …
Controls Engineer
Lead Controls Engineer - Low Travel | Custom Automation. We are seeking a Lead Controls Engineer for a custom machine builder in the Kalamazoo, MI area . This is a direct-hire leadership ro…
Systems Engineer II (Wire Harness Circuitry)
Description Position at Sumitomo Electric Wiring Systems, Inc. Job Title: Systems Engineer II Work Location: Saline, Michigan This is a Hybrid position, which combines both in office and off-…
Operations Associate
Sephora in Bloomfield Hills seeks a Part-Time Operations Associate to support store operations, including inventory management and visual merchandising. The role requires 1-2 years of experience in a …
Human Resource Assistant
Toggle navigation Back to results New Search Sign Up Login Human Resource Assistant Warren, MI 48092 Employment Type: Contract to Perm Job Number: 56148773 Pay Rate: $20.00 / hour…
Maintenance Technician (Full-Time)
Maintenance Technician (Full-Time) Allegria Village – Dearborn, MI Full-time Maintenance Technician needed for senior living community. HVAC, plumbing, and electrical experience preferred. $18–$22…
Electrical Superintendent (Detroit)
Mechanical Design Engineer EIT/PE (Mission Critical) - Hybrid This Jobot Job is hosted by: Tony Barhoum Are you a fit? Easy Apply now by clicking the Apply button and sending us your resume. …
Technical Support Specialist (Remote) - Entry Level, No Degree Required, 15 - 18
Job Description: Are you a tech-savvy individual looking to start a career in technical support without the need for a degree or prior experience? NoGigiddy is seeking enthusiastic and dedicated…
Controls Engineer
JOB DESCRIPTION At BWI we are looking for a Controls Engineer for our Warren, MI plant. Job Duties: Support the maintenance department by assisting in the troubleshooting of equipment issue…