Manager - Risk

Frontier Careers • Denver, CO

45d • Onsite

About The Position

The Risk Manager is a key member of Frontier’s Treasury organization, responsible for leading all corporate risk management activities. This role oversees the company’s insurance program strategy, annual renewals, aircraft damage and liability claims, insurance coverage analysis, and management of all risk‑related financial instruments including letters of credit, surety bonds, and guarantees. This position is ideal for an accomplished insurance or risk‑management professional with experience in a brokerage, insurance carrier, or corporate risk setting. As Risk Manager, you will collaborate with senior leaders across Operations, Finance, and Legal to safeguard Frontier’s assets, strengthen financial resilience, and help the airline maintain a best‑in‑class risk posture.

Requirements

• Bachelor’s degree or advanced degree in finance or business
• 3-5 plus years of experience in insurance or risk management related role
• Advanced proficiency in Microsoft Word, PowerPoint and Excel
• Excellent verbal written and analytical skills
• Ability to work independently and meet deadlines
• Ability to communicate in a positive and effective manner with subordinates, peers and all levels of management
• Ability to work with confidential material
• Experience with and understanding of advanced analytical techniques specifically utilizing scientific computation software such as python (data science) and reporting tools such as PowerBI
• Knowledge of assessing and recommending creative and time-sensitive solutions
• Strong influence and negotiating skills
• Knowledge and experience with SOX controls and processes

Nice To Haves

• Prior supervisory experience preferred
• Previous airline experience preferred

Responsibilities

• Risk Management Lead the annual renewal of all insurance programs, partnering with brokers when appropriate (aviation hull & liability, property, cyber, D&O/, workers’ compensation, auto, etc.), including underwriting submissions, pricing negotiations, and program structure optimization.
• Serve as the primary relationship manager for brokers, underwriters, and claims adjusters; drive accountability for service, responsiveness, and technical support.
• Conduct in‑depth insurance coverage reviews to ensure alignment with Frontier’s risk tolerance, industry standards, and regulatory requirements.
• Oversee the complete damage and liability claims lifecycle, including intake, investigation coordination, documentation, carrier engagement, and recovery of claim proceeds.
• Partner with Operations, HR, Safety, and Legal to strengthen incident reporting quality, improve loss control practices, and reduce claim severity and frequency.
• Monitor insurance market conditions, rate trends, litigation developments, and emerging risks impacting Frontier’s cost structure or exposures.
• Maintain Frontier’s risk register and develop recommendations for risk mitigation and residual risk management.
• Financial Instruments & Guarantees Manage all letters of credit, surety bonds, and other financial assurance instruments required by airport authorities, regulators, vendors, and contractual partners.
• Lead all related renewals, amendments, collateral reviews, and reductions, working closely with banking partners and internal teams.
• Maintain annual forecasts and reporting on LOC/bond utilization, recommending strategies to optimize liquidity and minimize cost.
• Ensure compliance with all legal, financial, and regulatory obligations tied to Frontier’s risk‑related financial instruments.
• General Team Management Provide subject‑matter expertise on insurance, risk transfer, claims, indemnification, and contract language to internal stakeholders.
• Review vendor contracts to ensure insurance requirements and liability provisions appropriately protect Frontier.
• Support crisis response and incident escalation for major operational events requiring rapid claims or insurance involvement.
• Prepare materials for senior leadership, Board presentations, audits, and regulatory requests related to risk and insurance.
• Support budgeting, forecasting, and capital planning related to risk costs.
• Lead continuous improvement initiatives to enhance data quality, reporting accuracy, process efficiency, and risk transparency.
• Lead the evolution of internal reporting tools to improve financial transparency, insight delivery, and data accessibility.
• Partner with Business Intelligence and Data Engineering teams to enhance data infrastructure, source quality, and analytical capabilities.
• Other Functions General Team Management Attend various industry related conferences.
• Support cross departmental business intelligence initiatives/ task forces as a representative Align team goals with broader organizational goals of Low Fares Done Right and the Ultra Low Cost Carrier Model

Benefits

• Flight benefits for you and your family to fly on Frontier Airlines.
• Buddy passes for your friends so they can experience what makes us so great.
• Discounts throughout the travel industry on hotels, car rentals, cruises and vacation packages.
• Discounts on cell phone plans, movie tickets, restaurants, luggage and over 2,000 other vendors.
• Enjoy a ‘Dress for your Day’ business casual environment.
• Flexible work schedules that support work/life balance.
• Total Rewards program including a competitive base salary, short term incentives, long-term incentives, paid holidays, 401(k) plan, vacation/sick time and medical/dental/vision insurance that begins the 1 st of the month following your hire date.
• The HOPE League, Frontier Airlines’ non-profit organization, is dedicated to providing employees financial assistance during catastrophic hardship.

What This Job Offers

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