Head of Risk Management
About The Position
Henry Crown & Company/CC Industries (HCC/CCI) is a Chicago-based, privately-held company that manages business, philanthropic, and family interests on behalf of a multi-generational family. The business ventures fall into broadly-defined categories: wholly-owned operating companies, public and private equity investments, and real estate. The enterprise also supports individual and collective giving through Crown Family Philanthropies and provides traditional family office services across generations. The enterprise employs approximately 350 professionals in the areas of investment management, corporate development, financial operations, tax, research and innovation, human resources, information technologies, and legal. We are a private enterprise with more than a 100-year legacy and track record of financial success, supporting our communities, and taking care of our employees. We plan strategically with a long-term time horizon and an integrated approach to access superior opportunities and optimize financial results. Integrity, collaboration, and dedication are cornerstones of our workplace culture that create rewarding professional experiences. This role is responsible for developing and implementing Corporate Risk Management and Environmental, Health and Safety strategies, frameworks, and systems to prevent losses and proactively mitigate and control risk. This role also leads the placement and coordination of Commercial Property & Casualty and Personal Lines Insurance programs, including leadership and administration of two wholly-owned insurance captives, the Enterprise Risk Management process, and claims management. This role reports to the CHRO and oversees the Manager of Corporate Safety and Director of Risk Management.
Requirements
- Bachelor’s Degree (Risk Management Degree Preferred); Master’s Degree in Business Administration preferred.
- CPCU, ARM or CRM preferred.
- Strong communication, presentation and interpersonal skills.
- Strong problem resolution and analytical abilities.
- Deep understanding of Risk Management for a large, complex organization to include commercial insurance placement and E,H,S in a corporate role (preferred) or consulting role.
- Strong understanding of insurance coverages.
- Management experience with captive insurance companies and Enterprise Risk Management processes.
- Working knowledge of Microsoft Office and Excel.
- Ability to make quick and practical decisions.
- Focused, organized & results oriented.
Responsibilities
- Establish risk management and E,H,S policies, procedures, and guidelines.
- Identify and analyze risk exposures and determine how to respond.
- Continually monitor.
- Provide consulting services to businesses on E,H,S, insurance and risk management issues.
- Evaluate, negotiate and select commercial and personal lines insurance programs to include coverages, limits, retention levels, strong carriers, cost, service, etc., and communicate to appropriate parties.
- Lead, manage and perform administrative duties associated with the organization’s captive insurance companies.
- Lead the Enterprise Risk Management process to ensure the organization’s most significant risks are identified and mitigated.
- Oversee claims management activities.
- Review insurance provisions in major business & financial contracts.
- Develop and direct production of reports and analyze financial results of the risk management program.
- Develop training programs on insurance and risk management issues.
- Spearhead risk management due diligence related to acquisitions.
- Direct inspections, surveys and audits within family portfolio, operating businesses and partnership deal contracts.
- Ensure all reporting requirements are met under existing insurance policies.
- Direct risk management staff.
Benefits
- bonus eligibility
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What This Job Offers
Job Type
Full-time
Career Level
Manager
