Director of Enterprise Risk

Korn Ferry; Milwaukee (WI); Hybrid; USD 180,000 - 250,000; Full time

Job summary

Korn Ferry has partnered with a financially strong specialty insurance organization to recruit a Director, Enterprise Risk Management (ERM) in the Midwest. Reporting to the Chief Risk Officer, this leader will evolve an already mature ERM program into a strategic business partner that informs enterprise decisions and supports sustainable growth.

The ideal candidate will bring progressive ERM leadership within property & casualty or financial services, expertise in governance, risk appetite,

Qualifications

• Extensive leadership experience in Enterprise Risk Management.
• Experience with ERM governance and board reporting.
• Strong business acumen across underwriting, finance, operations, and tech risks.
• Ability to influence senior leaders and build credibility.
• Proven ability to build high-performing teams.

Responsibilities

• Lead enhancement of ERM framework and governance.
• Partner with executives for risk-informed strategic planning.
• Oversee risk assessments, risk appetite, KRIs, and reporting.
• Facilitate ERM committees and business continuity programs.
• Identify and assess strategic, operational, financial, tech, cyber, AI, regulatory risks.
• Communicate risk concepts clearly to executives.
• Develop and mentor the ERM team.

Skills

ERM leadership

Board reporting

Stakeholder influence

Risk governance

Team development

Strategic risk analysis

Risk appetite management

Job description

Korn Ferry has partnered with our client on their search for a role, Director, Enterprise Risk Management.

A well-established and highly respected specialty insurance organization is seeking a Director, Enterprise Risk Management (ERM) to play a key leadership role in the continued evolution of its enterprise risk function. Reporting to the Chief Risk Officer, this individual will help transform an already mature ERM program into a more strategic business partner that actively influences enterprise decision-making and supports sustainable growth.

About the Opportunity

This is an opportunity to join a financially strong insurance organization with a long-standing industry reputation and a commitment to innovation, disciplined growth, and customer service. The organization has an established ERM framework and is seeking a leader who can further integrate risk insights into strategic and operational decisions across the enterprise.

Key Responsibilities

• Lead the ongoing enhancement of the organization’s Enterprise Risk Management framework and governance processes.
• Partner with executive leadership to provide risk-informed perspectives on strategic initiatives, business planning, and key enterprise decisions.
• Oversee core ERM activities, including enterprise risk assessments, risk appetite management, key risk indicators, emerging risk identification, and management reporting.
• Facilitate enterprise risk committees, business continuity activities, and related governance programs.
• Identify and assess strategic, operational, financial, technology, cyber, AI, regulatory, and other emerging risks.
• Communicate complex risk concepts in a clear and actionable manner to executives and key stakeholders.
• Lead, develop, and mentor an ERM team while fostering a culture of analytical rigor, collaboration, and continuous improvement.

Ideal Candidate Profile

The successful candidate will bring:

• Progressive leadership experience in Enterprise Risk Management, preferably within Property & Casualty insurance or a comparable financial services environment.
• Experience with ERM governance, risk appetite frameworks, enterprise risk assessments, key risk indicators, and board-level reporting.
• Strong business acumen across underwriting, finance, operations, and technology-related risks.
• A demonstrated ability to influence senior leaders, challenge assumptions constructively, and build credibility across diverse stakeholder groups.
• Excellent communication skills with the ability to translate complex risk matters into practical business insights.
• Experience building and developing high-performing teams.

What Success Looks Like

The Director will help elevate ERM from an advisory function to a trusted strategic capability that:

• Shapes enterprise decisions before they are made.
• Enhances organizational resilience and business performance.
• Strengthens risk awareness across the organization.
• Supports thoughtful growth through intelligent risk-taking and disciplined governance.

Location

Hybrid work arrangement. Candidates should be willing to be on-site multiple days per week in the Midwest. Relocation support may be available.