Director Risk Management

Copeland • St. Louis, MO

3d • Hybrid

About The Position

The Director of Risk Management is a strategic leader responsible for developing, executing, and maintaining the organization's insurance program and actively engaging with the enterprise risk management (ERM) program. This role works closely with operational leaders across plants, supply chain, safety, and engineering to identify and manage risks that could impact production, quality, asset protection, worker safety, financial performance, and strategic goals. The ideal candidate brings deep knowledge of manufacturing risk exposures, commercial insurance programs, and ERM methodologies.
As the Director of Risk Management, you will focus on:
Insurance Program Management
Manage all aspects of the corporate insurance portfolio, including property, equipment breakdown, general liability, workers’ compensation, auto, product liability, cargo/inland marine, cyber, and executive and financial coverages
Lead annual insurance renewals, underwriting submissions, and negotiation of terms with brokers and carriers
Conduct values collection and risk engineering coordination for global plant locations (e.g., property surveys, loss control assessments)
Oversee claims management, coordinating with insurers, TPAs, safety teams, legal, and plant management to ensure efficient and accurate resolution
Analyze loss trends and identify opportunities to reduce incidents and improve insurability
Evaluate alternative risk financing options, including self-insurance, captives, and retention optimization
Risk Analysis & Operational Support
Develop risk dashboards and performance metrics that communicate risk levels to leadership
Support M&A due diligence from a risk and insurance perspective
Apply resources and support strategic decisions on capital investments, new equipment, facility expansions, and supply chain diversification
Oversee on-site risk engineering surveys and work closely with Plant Managers to implement property protection measures
Review contracts and vendor agreements for appropriate risk transfer and insurance requirements
Maintain awareness of regulatory and compliance obligations relevant to manufacturing operations (OSHA, environmental regulations, transportation requirements, etc.)
Cross-Functional Leadership & Collaboration
Partner closely with EHS, Operations, Quality, HR, Engineering, Legal, and Finance to embed risk awareness and mitigation strategies into day-to-day operations
Provide guidance and training to plant teams on insurance-related topics, claims handling, and risk mitigation best practices
Enterprise Risk Management (ERM)
Support the development and enhancement of the organization’s ERM framework, risk governance processes, and risk reporting structure
Monitor and advise on annual and ongoing enterprise-wide risk assessments, including operational, financial, strategic, compliance, and supply chain risks
Assist with maintaining and updating the enterprise risk register and track mitigation activities
Drive program maturity in alignment with leadership objectives
Leverage with internal and external resources to identify emerging risks and vulnerabilities
Oversee business continuity and crisis management planning, including manufacturing disruption scenarios, equipment failures, cyber incidents, and natural disasters
Assist in preparing and delivering ERM reports to senior leadership, Executive Committees, and Board committees

Requirements

• Bachelor’s degree
• 7–10+ years of progressive risk management experience in a manufacturing or industrial environment
• Strong background in commercial insurance program management and enterprise risk management
• Experience working with brokers, carriers, underwriters, and risk engineers
• Deep knowledge of manufacturing exposures including property, equipment breakdown, business interruption, product liability, workers’ compensation, and supply chain risk
• Strong command of ERM frameworks (COSO, ISO 31000) and risk governance best practices
• Familiarity with governance, risk & compliance software platforms (e.g., Origami, LogicManager, Cura, Resolver, etc.)
• Analytical mindset with ability to interpret complex data and communicate insights
• Excellent communication and presentation skills, with the ability to influence senior leaders and business unit management
• Strong project management abilities and attention to detail
• Ability to work across multiple global sites, including occasional travel to manufacturing facilities

Nice To Haves

• Advanced degree (MBA, MS Risk Management, Engineering, Legal, or related field)
• Professional designations such as ARM, CRM, CPCU, CRMP, or equivalent

Responsibilities

• Manage all aspects of the corporate insurance portfolio, including property, equipment breakdown, general liability, workers’ compensation, auto, product liability, cargo/inland marine, cyber, and executive and financial coverages
• Lead annual insurance renewals, underwriting submissions, and negotiation of terms with brokers and carriers
• Conduct values collection and risk engineering coordination for global plant locations (e.g., property surveys, loss control assessments)
• Oversee claims management, coordinating with insurers, TPAs, safety teams, legal, and plant management to ensure efficient and accurate resolution
• Analyze loss trends and identify opportunities to reduce incidents and improve insurability
• Evaluate alternative risk financing options, including self-insurance, captives, and retention optimization
• Develop risk dashboards and performance metrics that communicate risk levels to leadership
• Support M&A due diligence from a risk and insurance perspective
• Apply resources and support strategic decisions on capital investments, new equipment, facility expansions, and supply chain diversification
• Oversee on-site risk engineering surveys and work closely with Plant Managers to implement property protection measures
• Review contracts and vendor agreements for appropriate risk transfer and insurance requirements
• Maintain awareness of regulatory and compliance obligations relevant to manufacturing operations (OSHA, environmental regulations, transportation requirements, etc.)
• Partner closely with EHS, Operations, Quality, HR, Engineering, Legal, and Finance to embed risk awareness and mitigation strategies into day-to-day operations
• Provide guidance and training to plant teams on insurance-related topics, claims handling, and risk mitigation best practices
• Support the development and enhancement of the organization’s ERM framework, risk governance processes, and risk reporting structure
• Monitor and advise on annual and ongoing enterprise-wide risk assessments, including operational, financial, strategic, compliance, and supply chain risks
• Assist with maintaining and updating the enterprise risk register and track mitigation activities
• Drive program maturity in alignment with leadership objectives
• Leverage with internal and external resources to identify emerging risks and vulnerabilities
• Oversee business continuity and crisis management planning, including manufacturing disruption scenarios, equipment failures, cyber incidents, and natural disasters
• Assist in preparing and delivering ERM reports to senior leadership, Executive Committees, and Board committees

Benefits

• Flexible and competitive benefits plans offer the right options to meet your individual/family needs: medical insurance plans, dental and vision coverage, 401(k) and more.
• We provide employees with flexible time off plans, including paid parental leave, vacation and holiday leave.

What This Job Offers

• Job Type: Full-time
• Career Level: Director
• Number of Employees: 5,001-10,000 employees