Ryder - Madison, WI
posted 5 months ago
The Director of Risk Management at Ryder System is a pivotal role responsible for overseeing the financial aspects and pricing strategies of the North American Fleet Management Solutions rental and lease insurance extension program. This position entails comprehensive planning, forecasting, and budgeting activities for the insurance product line and risk management departments. The role is designed for remote work, allowing the director to manage a team of finance and insurance professionals effectively from home. In this capacity, the director will ensure that the insurance renewal data for policy underwriting is accurate and compliant with government requirements. Collaborating with external brokers and the VP of the department, the director will maintain fiduciary responsibility regarding insurance policies and procurement. The role also involves assisting with executive lines claims management and providing financial support and claims analysis to the claims team located in Colorado and Atlanta. The director will direct all activities of the Lease and Rental Physical Damage Insurance underwriting and pricing team, overseeing all planning, forecasting, and budgeting for both Risk Management and the Insurance Product Line. This includes making critical decisions on escalated insurance deals and monitoring the performance of the insurance product line, taking corrective pricing actions when necessary. The director will also be involved in setting pricing strategies in collaboration with senior management to drive profitable growth. Additionally, the director will develop and present performance reports on the insurance product line to senior management and perform other duties as assigned, ensuring that the team operates efficiently and effectively in a fast-paced environment.