Manager of Risk Management

About Wakefern

Wakefern Food Corp. is the largest retailer-owned cooperative in the United States and supports its co-operative members' retail operations, trading under the ShopRite®, Price Rite®, The Fresh Grocer®, Dearborn Markets®, Fairway Markets, Gourmet Garage® and Di Bruno Bros.® banners.

Employing an innovative approach to wholesale business services, Wakefern focuses on helping the independent retailer compete in a big business world. Providing the tools entrepreneurs need to stay a step ahead of the competition, Wakefern’s co-operative members benefit from the company’s extensive portfolio of services, including innovative technology, private label development, and best in class procurement practices.

About You

Your contribution :

The Manager of Risk Management will handle the comprehensive insurance and risk management programs of Wakefern, assessing and identifying risks that could impede the reputation, safety, security, and financial success of the organization and ensuring the financial protection of the organization through insurance and self-insurance programs.

Responsibilities include day to day management of the purchase and maintenance of insurance programs through third party insurers and / or captive insurance company, and the associated relationships with third party service providers including brokers, insurers and TPAs. This leader handles responsibilities of the Risk Management Committee (RMC) and captive board meetings, and prepares loss analyses and insurance budgets. In addition, the manager identifies risk exposures, recommends solutions and promotes practices to prevent, mitigate and reduce risk.

This position is located in Edison, NJ.

What you will do :

Insurance and Captive Programs

• Manage all property and casualty insurance and captive insurance programs.
• Lead the oversight and handling the risk transfer and funding strategies, including insurance renewals, captive operations and performance improvement of its programs
• Manage Risk Management Committee (RMC) agendas, planning, review, preparation and presentation of materials with internal and external providers.
• Manage captive meeting planning agenda, preparation and presentation of materials with internal and external providers.

Loss Control

Business and Insurance Relations

Risk Team Management

What we’re looking for :

How you will succeed :

Leadership Competencies

Core Competencies

Compensation and Benefits

The salary range for this position is : $140,000 - $170,000

Placement in the range depends on several factors, including experience, skills, education, geography, and budget considerations. Additional experience may warrant additional compensation. Wakefern is proud to offer a comprehensive benefits package designed to support the health, well-being, and professional development of our Associates. Benefits include medical, dental, and vision coverage, life and disability insurance, a 401(k)-retirement plan with company match & annual company contribution, paid time off, holidays, and parental leave. Associates also enjoy access to wellness and family support programs, fitness reimbursement, educational and training opportunities through our corporate university, and a collaborative, team-oriented work environment. Many of these benefits are fully or partially funded by the company, with some subject to eligibility requirements.

Company Perks :