Director, Risk Management

$150,000 - $180,000/Yr

Medical Transportation Management - Saint Louis, MO

Full-time - Senior

Saint Louis, MO

Transit and Ground Passenger Transportation

About the position

The Director, Risk Management at MTM will oversee and manage the company's insurance programs and risk mitigation strategies. This role is crucial for maintaining corporate insurance policies, ensuring adequate coverage, and collaborating with various stakeholders to assess and manage risk effectively. The Director will develop strategies to protect the company's assets and support long-term business objectives, making a significant impact on the communities served by MTM.

Responsibilities

• Negotiate, evaluate, and maintain MTM's insurance policies and programs including property and casualty insurance, workers' compensation, general liability, auto liability, umbrella/excess coverage, flood and earthquake, cyber risk, D&O, fiduciary liability, crime, and employment practices liability.
• Determine subrogation options and pursue as appropriate.
• Maintain effective relationships with insurance brokers, underwriters, and claims handlers, monitoring their performance to ensure value delivery in the insurance underwriting and claims process.
• Drive the execution of Alternative Risk Transfer (ART) strategic initiatives, including the further development of existing captive.

Requirements

• Bachelor's degree with a professional qualification in insurance or risk management is required.
• 7+ years of experience managing a captive or self-insured environment.
• Strong technical insurance background and experience from corporate Risk Management, Underwriting, and/or brokering, with a focus on self-insurance.
• Experience managing senior/mid-level staff that promotes both results and team cohesiveness.

Nice-to-haves

• Knowledge and understanding of insurance markets, specifically within auto and general liability insurance products.
• Knowledge of large, self-insured retention programs.
• Aptitude to analyze and interpret actuarial reports.
• Ability to work with all levels within legal and risk functions, including insurance brokers, legal counsel, claims administrators, and actuaries.
• Adaptability to manage multiple streams of work and multiple relationships effectively and efficiently.
• Ability to establish influential relationships with external markets including brokers, carriers, customers, industry experts, and consultants to bolster innovation.
• Ability to understand and interpret contracts and insurance policies.
• Interest in alternative risk transfer solutions, multi-year structured programs, multi-line risk transfer, captives, or other innovative risk capital solutions.
• Entrepreneurial attitude and willingness to challenge status quo ideas.

Benefits

• Health and Life Insurance Plans
• Dental and Vision Plans
• 401(k) with a company match
• Paid Time Off and Holiday Pay
• Maternity/Paternity Leave
• Casual Dress Environment
• Tuition Reimbursement
• MTM Perks Discount Program
• Leadership Mentoring Opportunities