MD - Risk Management
About The Position
The Director, Risk Management, oversees FedEx Freight's global insurance, risk-financing, and loss prevention programs, ensuring comprehensive protection of company assets, people, and reputation. This leader designs and administers insurance coverage across property, casualty, liability, and self-insured programs while developing enterprise risk mitigation strategies aligned with the CFO's financial governance objectives. Reporting to the VP, Treasurer & Investor Relations, the Director partners with Legal, Operations, and Internal Audit to evaluate risk exposures, manage claims, and optimize total cost of risk across the organization Disclaimer: This description outlines the role's general nature and key responsibilities; it is not an exhaustive list of all duties, responsibilities, and qualifications needed
Requirements
- Bachelor's degree in risk management, finance, business, or related field required
- Minimum of ten (10) years of progressive corporate risk management or insurance experience
- Proven record managing complex property and casualty insurance programs
- Experience negotiating global insurance renewals and managing self-insurance or captive structures
- Strong understanding of insurance markets, risk financing, and claims management
- Excellent communication and negotiation skills with brokers, insurers, and executives
- Analytical expertise in loss modeling and risk analytics
- Leadership ability to influence decision-making across Legal, Operations, and Finance
- Proficiency with risk management information systems (RMIS)
Nice To Haves
- MBA, CPCU, ARM, or CRM designation preferred
- Familiarity with freight, logistics, or transportation industries preferred
Responsibilities
- Direct insurance placement, renewals, and policy administration for all business lines
- Evaluate and recommend risk transfer or retention strategies to optimize total cost of risk
- Oversee claims handling and coordinate with Legal on litigation strategy
- Partner with Internal Audit and SOX to integrate enterprise risk reporting and controls
- Maintain corporate risk register and ensure alignment with company objectives
- Analyze risk trends and emerging exposures to inform executive decision-making
- Develop risk management policies and procedures consistent with FedEx governance
- Oversee broker and vendor performance; ensure adherence to ethical standards and contract terms
- Prepare quarterly risk reports for executive management and the Audit Committee
- Lead and mentor a team of Risk Management Analysts and support staff
- Partner cross-functionally with Treasury, Legal, and Operations to manage insured and self-insured exposures
- Serve as a trusted advisor to senior leadership on insurance coverage and risk strategy
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What This Job Offers
Job Type
Full-time
Career Level
Director
Industry
Couriers and Messengers
Number of Employees
5,001-10,000 employees
