Insurance & Risk Manager

Trex Company • Winchester, VA

54d • $115,000 - $150,000 • Onsite

About The Position

When you work at Trex, you’re helping to grow and enhance a true original. You
join a company that boldly launched an entire industry… and still leads the way.

As a Trex Insurance & Risk manager, you will be responsible for the procurement,
administration, and strategic oversight of the company’s insurance programs. The
role serves as a partner to various business units to proactively identify and
mitigate risk. The ideal candidate will possess strong technical knowledge of
insurance and the ability to influence cross-functional teams. Success in this
role requires the ability to lead without direct authority and drive alignment
on risk-related priorities through sound judgment and collaboration. The Risk &
Insurance Manager will report to VP, Corporate Controller & Treasury with the
Finance department.

Requirements

• We are looking for leaders with 5+ years of experience within a corporate risk management function, insurance company, or broker and a bachelor’s degree in business administration, risk management, financial management, or a closely related field.
• Demonstrate experience in evaluating and recommending risk management financing options.
• Possess financial acumen to support risk strategies alongside business objectives.
• Excellent communication and interpersonal skills, with the ability to influence and negotiate at all organizational levels.
• Ability to work independently and as part of a team in a fast-paced, dynamic environment.
• Strong analytical skills in gathering, reviewing, and preparing accurate data for insurance underwriting submissions to ensure comprehensive and competitive proposals.

Nice To Haves

• MBA or equivalent certifications preferred
• Previous manufacturing experience preferred

Responsibilities

• Put safety first – Always!
• Lead and foster our “people first” culture.
• Lead the annual renewal process for all lines of insurance, including Property, Casualty, Cyber, and Executive lines.
• Prepare insurance marketing materials and lead underwriting meetings with insurers and brokers to provide a comprehensive view of the company’s risk profile and coverage objectives.
• Prepare the annual insurance budget, forecasting premiums and claims costs within retentions.
• Coordinate with brokers and internal stakeholders in preparing insurance submission.
• Lead the Risk Committee comprised of key operational leaders for the implementation of risk improvement objectives.
• Partner with Quality, Manufacturing, Procurement, Environmental Health & Safety (EH&S), and Fleet departments to promote risk management and ensure regulatory compliance and adherence to company policy.
• Review contracts to provide risk management guidance to Legal and Procurement. Evaluate insurance requirements, recommend appropriate limits and issue waivers when justified.
• Oversight of claim handling procedures to ensure proactive loss management and contribute to process improvement.
• Ensure construction projects are adequately insured and that design elements align with the organization’s risk management strategy.
• Respond to all insurance related requests from internal and external parties.
• Process all invoices for the insurance programs and claims.

Benefits

• Time Off: We’ll give you paid holidays and paid vacation.
• Health, Dental, and Vision Insurance: Choose from a variety of options. We’ll cover a generous share of the cost. Plus, you can earn lower rates through our wellness program.
• 401(k) With Company Match: Save for your retirement and we’ll match it dollar for dollar.
• Tuition Reimbursement: We’re all about lifting each other to the next level. When you’re ready to get the degree, we’ll pick up part of the tab.
• Training and Education: We offer dozens of options to boost your performance – both online and on-site nearby.
• Stock Purchase Program: Invest in Trex at a discounted price.
• Employee Discount Program: When you make the World’s No. 1 Decking Brand, you’ll probably want to enjoy the finished product yourself. We’ll give you a discount.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level