Senior Risk Manager

Sotheby's•New York, NY

14h•$90,000 - $100,000

About The Position

Established in 1744, Sotheby’s is the world’s premier destination for art and luxury. Sotheby’s promotes access to and ownership of exceptional art and luxury objects through auctions and buy-now channels including private sales, e-commerce and retail. Our trusted global marketplace is supported by an industry-leading technology platform and a network of specialists spanning 40 countries and 70 categories which include Contemporary Art, Modern and Impressionist Art, Old Masters, Chinese Works of Art, Jewelry, Watches, Wine and Spirits, and Design, as well as collectible cars and real estate. Sotheby’s believes in the transformative power of art and culture and is committed to making our industries more inclusive, sustainable and collaborative. THE ROLE The Senior Risk Manager, Americas plays a key role in risk governance, reporting and operational oversight, by providing strategic oversight and technical expertise to ensure the effective operation of the risk management framework. The Senior Risk Manager, Americas is responsible for assuring the safety, security and reputation of Sotheby’s assets, employees, clients, visitors and others. Reporting to the Global Insurance and Risk Management, Director, the role will support the placement and day to day oversight of Sotheby’s insurance programs and lead the best Risk Management practices in the Americas. This role will require collaboration with key cross-functional teams and stakeholders across the company including Security, Human Resources, Finance, Compliance, Communications, Legal, Property & Facilities Management and other groups, to identify and implement risk initiatives and drive standards. The Senior Risk Manager, Americas will identify factors that can put Sotheby’s at risk and will be accountable to find ways of managing that risk through technical, operational or procedural safeguards and the provision of insurance in line with corporate requirements and risk appetite.

Requirements

Degree and / or certification qualification and proven interest in insurance / risk management. 5 – 8 years of proven experience in the risk management / insurance industry
Proven ability to maintain strong relationship with insurance brokers
Solid understanding of risk management techniques and practices and risk assessment
Licensed Claims adjuster
Excellent verbal and written communication skills
Experience with crisis management and business continuity planning
Contract and vendor negotiation required
Proven experience in loss prevention, planning and investigation

Responsibilities

Evaluation of Sotheby’s insurance needs, identifying protection goals and objectives consistent with the organization's needs and strategic plan.
Monitor on going risk performance, maintaining incident records and responses to continually assess and improve effectiveness.
Support the renewal of annual insurance policies. Evaluate, recommend and renew global and regional insurance policies based on the collection and analysis of internal data and markets.
Provide subject matter expertise to senior management, staff and in-house legal counsel.
Draft insurance wording for contracts, including consignment agreements, leases, special events and vendor contracts.
Maintain strong relationship with insurance brokers.
Lead the preparation of the organization's emergency management and contingency plans. Ensure appropriate testing and training is completed to maintain emergency preparedness.
Work in collaboration with the London Risk department to evaluate and standardize risk and related procedures and risk initiatives.
Support Risk P&L and capital budgets, including annual budget planning and monitoring to ensure budget requirements are achieved. Oversee the payment of related invoices.
Claims management, including the investigation, negotiation and settlement of claims and the interpretation of policy and contract wording, preparation of correspondence and releases
Work with Legal to negotiate settlements of large or contentious claims and pursue recoveries from liable third parties.
Overall accountability for the handling of damaged or missing property, ensuring proper steps are taken in the investigation and reporting procedures.
Conduct risk surveys at the company’s regional offices, outside shippers’ warehouses and locations with potential exposure for loss to ensure maintenance of adequate protection and care.
Evaluate training needs, plan and deliver relevant training to enhance the safety of employees, visitors and assets.
Direct staff results by training and mentoring employees in risk related matters, and planning, monitoring and appraising job performance for Risk employees in the Americas.