Risk & Insurance Manager

ACE Hardware•Oak Brook, IL

1d•$120,200 - $150,000

About The Position

Direct all aspects of the corporate risk management function. Identify, assess and mitigate the threat of loss to the organization. Develop techniques to respond to these risks through the use of insurance, retention, avoidance, and/or risk transfer methods. What You’ll Do Oversee corporate insurance programs Lead insurance renewals, broker negotiations, and coverage analysis Claims management, litigation coordination, and loss trend analysis Contract review for indemnification language, insurance requirements, and risk transfer provisions Partner with Safety, Operations, HR and Legal to proactively reduce exposure Maintain strong relationships with brokers, carriers, and legal counsel Act as the primary company representative at mediation, deposition, and trials Who You Are You are a motivated, self-starter who is passionate and knowledgeable about all aspects of risk management with the desire to ensure your colleagues are served with positivity and outstanding service. You take pride in your work, are detailed oriented, enjoy working in a fast-paced environment, and strive to make a difference.

Requirements

Bachelor's degree in Risk Management, Business, Finance, Law, or related field
10+ years of progressive risk management experience
Experience leading claims management and litigation processes
CPCU Designation
Strong analytical skills while being detail oriented with excellent problem solving skills
Excellent communication skills with the ability to clearly communicate complex financial information
Must be self-motivated, multi-task oriented, and able to effectively work well in a fast-paced environment

Nice To Haves

Professional certifications such as ARM, CRM, or similar

Responsibilities

Oversee corporate insurance programs
Lead insurance renewals, broker negotiations, and coverage analysis
Claims management, litigation coordination, and loss trend analysis
Contract review for indemnification language, insurance requirements, and risk transfer provisions
Partner with Safety, Operations, HR and Legal to proactively reduce exposure
Maintain strong relationships with brokers, carriers, and legal counsel
Act as the primary company representative at mediation, deposition, and trials

Benefits

Incentive opportunities, based on role/grade level (rapid company growth over the past 5 years resulted in incentives being paid out at an average of 122% of your target opportunity!)
Generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10.4% of total eligible compensation.
Comprehensive health coverage (medical, dental, vision and disability – up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
Your career at Ace is more than just a job. It’s a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities – and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children’s Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
We know the work environment matters. That’s why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
Birth/Adoption bonding paid time off
Adoption cost reimbursement
Employee Assistance Program (EAP) – access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
Identity theft protection