Position is responsible for developing, implementing, and overseeing the comprehensive insurance and risk management program for Wells. This leader works collaboratively with senior leaders, legal, finance, and operations teams to safeguard the company’s assets, ensure compliance, and protect against financial losses by managing insurance portfolios, self-insurance, and other mitigation programs.
ACCOUNTABILITIES:
1. Develop, implement, and oversee the organization’s insurance program including property, cyber, casualty, product liability, aviation, and professional coverages.
2. Evaluate and recommend appropriate policies and limits, negotiating terms, premiums, and renewals with brokers and carriers to ensure effective and cost-effective coverage.
3. Manage the relationships with insurance brokers, underwriters, consultants, and other external partners.
4. Collaborate with internal stakeholders to analyze business operations, projects, and contracts to ensure adequate risk transfer and insurance requirements are met.
5. Oversee claims management process, including reporting, investigating, documenting and resolving claims related to property, auto, transportation, employee, product, and general liability, working closely with legal counsel as needed.
6. Lead, mentor, and develop the insurance and risk management team.
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Director of Insurance & Risk Management • Chicago, IL, United States
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