Head of Risk

Wilks Brothers•Fort Worth, TX

1d•Onsite

About The Position

The Head of Risk is responsible for leading the risk management function across the enterprise, including both family office and multi-industry exposures (construction, oil & gas, technology, commercial and multi-family real estate, land development, ranching, and more). This position requires strong business acumen and business judgment, and is responsible for providing strategic leadership for the enterprise-wide risk management function including broker and carrier relations, captive insurance program, risk premium allocations, budgeting, and forecasting. Further, this role ensures compliance with regulatory requirements and emphasis on a strong risk-aware culture throughout the company while identifying, assessing, monitoring, and mitigating internal and external risks.

Requirements

Bachelor’s or Master’s degree in Risk Management, Finance, Business Administration, or related field.
Minimum 10+ years of insurance risk management experience within large holding company structure, insurance brokerage, or other corporate entity with sizeable assets.
Deep understanding of risk frameworks (e.g., COSO, ISO 31000), regulatory requirements, and governance.
Strong analytical, leadership, and communication skills.

Nice To Haves

Professional certifications (e.g., CRMP, FRM, PRM, CFA) preferred.
Experience with at least 5 in a leadership role is preferred.
Previous experience with captive insurance company is helpful but not required.

Responsibilities

Identify key risks across operational, financial, strategic, regulatory, and cybersecurity areas.
Provide strategic guidance to the executive team and Board on risk matters.
Lead risk assessment and mitigation strategies, ensuring alignment with business goals.
Oversee the risk reporting process to internal stakeholders and regulators.
Manage captive insurance program and recommend opportunities to further develop the program.
Advise Wilks Brothers management on insurance procurement and coverages under current policies, as well as answer general questions on insurance compliance issues regarding client properties.
Alert management to potential coverage gaps and areas of emerging need, while assessing and evaluating risk tolerance levels.
Maintain an up-to-date understanding of industry risks and best practices.
Lead internal risk reviews, audits, and stress testing activities.
Manage a lean and high-performing risk team, ensuring continuous development.
Collaborate with Legal, Compliance, Finance, Human Resources, Safety, and Operations to embed risk awareness and practices across the enterprise (portfolio of companies).
Ensure the enterprise risk management (ERM) framework and policies are current with industry standard(s) and aligned with the enterprise or specific business unit’s strategic goals and objectives.
Serve as the point of contact with regulatory bodies regarding risk-related topics.
Execute administrative duties such as obtaining COI’s from GC’s, applications, and claims reporting and tracking.