Director Risk Management- REMOTE

$110,000 - $150,000/Yr

Ryder - Juneau, AK

Full-time - Senior

Remote - Juneau, AK

Rental and Leasing Services

About the position

The Director of Risk Management will play a pivotal role in overseeing the financial aspects and pricing strategies for Ryder's North American Fleet Management Solutions rental and lease insurance extension program. This position is crucial for ensuring that the insurance product line operates efficiently and profitably. The Director will be responsible for all planning, forecasting, and budgeting activities related to the insurance product line and risk management departments. This role requires a strong leader who can manage a team of finance and insurance professionals, ensuring that all insurance renewal data for policy underwriting is accurate and compliant with government requirements. The Director will work closely with external brokers and the VP of the department to maintain fiduciary responsibility around insurance policies and procurement. Additionally, the Director will assist with executive lines claims management and provide financial support and claims analysis to the claims team located in Colorado and Atlanta. In this role, the Director will direct all activities of the Lease and Rental Physical Damage Insurance underwriting and pricing team. They will oversee all planning, forecasting, and budgeting for the Risk Management and Insurance Product Line, providing approval or disapproval on escalated insurance deals. Monitoring the performance of the insurance product line and taking corrective pricing actions when necessary will be key responsibilities. The Director will also maintain and improve insurance pricing and underwriting models, ensuring that appropriate cost assumptions and market dynamics are considered. Participation with senior management in setting pricing strategies to drive profitable growth is essential. The Director will develop and present performance reports on the insurance product line to senior management and will perform other duties as assigned.

Responsibilities

• Manage a staff of finance and insurance professionals.
• Ensure insurance renewal data for policy underwriting is accurate and compliant with government requirements.
• Work with external brokers in conjunction with VP and department to maintain fiduciary responsibility around insurance policies and procurement.
• Assist with executive lines claims management and support claims team in Colorado and Atlanta with financial support and claims analysis.
• Direct all activities of the Lease and Rental Physical Damage Insurance underwriting/pricing team.
• Oversee all planning, forecasting and budgets for Risk Management and the Insurance Product Line.
• Provide approval/disapproval on escalated insurance deals.
• Monitor insurance product line performance and take corrective pricing action when appropriate.
• Maintain and improve insurance pricing/underwriting models, ensuring appropriate cost assumptions and market dynamics.
• Participate with senior management in setting pricing strategy to drive profitable growth.
• Develop and present to senior management presentations on the insurance product line performance.
• Perform other duties as assigned.

Requirements

• Master's Degree in concentration in Risk Management/Finance (Preferred).
• Bachelor's Degree in concentration in Risk Management/Finance (Required).
• 7 years or more in relevant insurance knowledge (Required).
• 5 years or more in relevant Ryder IT systems knowledge (Preferred).
• 7 years or more in significant analytical and financial modeling skills (Required).
• Knowledge of insurance and underwriting practices (Advanced, Required).
• Strong familiarity with Ryder IT systems (Advanced, Preferred).
• Certified Risk Manager (CRM) (Preferred, 1 Year).
• Chartered Property Casualty Underwriter (CPCU) (Preferred, 1.5 Years).

Nice-to-haves

• Strong verbal and written communication skills.
• Demonstrated ability to build and lead professional teams effectively.
• Ability to create and maintain professional relationships within all levels of the organization.
• Ability to effectively interact and influence Executive and Field management.
• Flexibility to operate and self-driven to excel in a fast-paced environment.
• Excellent financial modeling acumen.

Benefits

• Comprehensive health and welfare benefits including medical, prescription, dental, vision, life insurance, and disability insurance options.
• Paid time off for vacation, illness, bereavement, family and parental leave.
• Tax-advantaged 401(k) retirement savings plan.
• Annual bonus eligibility.