Head of Risk Management

The Edge Development Group; Houston (TX); On-site; USD 180,000 - 240,000; Full time

Job summary

The Edge Development Group is seeking a Head of Risk for its Houston office to lead enterprise risk management and insurance programs for a large oilfield services client. You will provide strategic guidance to executives on operational, financial, and regulatory risks and drive governance, cost-of-risk controls, and business resilience across the organization.

Responsibilities include developing risk policies, managing insurance programs and claims, and partnering with finance, legal, and

Qualifications

• Bachelor's degree in Risk Management, Finance, Business Administration, Law, Insurance, Accounting, or related field.
• Minimum 10+ years of progressive experience in corporate risk and claims management.
• Proven leadership experience managing risk management teams and cross-functional initiatives.

Responsibilities

• Lead the Enterprise Risk Management program and report to executive leadership.
• Develop risk governance frameworks, policies, controls, and reporting mechanisms.
• Oversee insurance programs, renewals, broker relationships, and captive insurance arrangements.
• Manage claims, investigations, settlements, and reserve management.
• Collaborate with Finance, Compliance, Legal, and Operations to strengthen risk oversight.
• Prepare Board-level risk presentations and drive risk mitigation initiatives.

Skills

Leadership

Negotiation

Analytical

Communication

Education

Bachelor's degree

Tools

Microsoft Office

Excel

PowerPoint

Job description

Our client, a large oilfield services company, has an opportunity for a Head of Risk. This role is responsible for leading the company's risk mitigation initiatives, insurance programs, claims management, contractual risk transfer strategies, and enterprise-wide risk assessments. This leader serves as a trusted advisor to executive leadership, providing strategic guidance on operational, financial, legal, regulatory, and risks while ensuring the organization maintains effective risk governance, insurance protection, business resilience, and cost-of-risk management.

What you will do:

• Lead the Company's Enterprise Risk Management program, in collaboration with the General Counsel, including risk identification, assessment, prioritization, mitigation, monitoring, and reporting activities.
• Develop and maintain enterprise risk governance frameworks, policies, controls, and reporting mechanisms to support sound risk management practices.
• Develop, recommend, and communicate the Company's risk appetite and risk tolerance framework in alignment with corporate strategy and business objectives.
• Oversee the design, implementation, and administration of risk insurance programs, including property, casualty, workers' compensation, and specialty coverages.
• Direct insurance renewals, policy placements, broker and carrier relationships, surety programs, captive insurance arrangements, and alternative risk financing strategies.
• Evaluate and recommend risk financing structures, including self-insured retentions, deductibles, and other risk transfer mechanisms.
• Provide oversight of claims management activities, including insured and self-insured losses, investigations, settlements, litigation support, recoveries, and reserve management.
• Analyze loss trends, claims data, insurance market conditions, and emerging risks to identify opportunities for risk reduction and cost containment.
• Develop and implement loss prevention and risk mitigation initiatives that improve operational performance and reduce the total cost of risk.
• Oversee the drafting, review, negotiation, and management of commercial contracts and legal documentation related to risk and insurance matters.
• Manage insurance advisors, brokers, consultants, third-party administrators, and other risk‑management service providers.
• Support mergers, acquisitions, divestitures, joint ventures, and other strategic transactions through risk assessments, insurance due diligence, and integration planning.
• Collaborate with Finance, Treasury, Internal Audit, Compliance, Human Resources, Operations, and commercial business leaders to strengthen enterprise risk oversight and controls.
• Ensure compliance with insurance, bonding, licensing, and risk‑related regulatory requirements across all jurisdictions in which the Company operates.
• Prepare and deliver executive and Board-level presentations regarding key risk exposures, insurance programs, claims activity, emerging risks, and mitigation strategies.
• Lead, mentor, and develop risk management personnel while overseeing consultants, third-party administrators, brokers, and external service providers.
• Lead special projects and strategic initiatives as assigned by executive leadership.

Requirements:

• Strong expertise in risk management, commercial insurance, claims administration, contractual risk transfer, and surety obligations.
• Strong business acumen with the ability to balance legal, operational, and commercial objectives while managing risk.
• Exceptional analytical, negotiation, problem‑solving, decision‑making, organizational, and time management skills.
• Proven leadership experience managing risk management teams, cross‑functional initiatives, external stakeholders, and competing priorities in a fast‑paced environment.
• Excellent written and verbal communication skills, with the ability to influence and build relationships at all levels of the organization, including executive leadership, Board members, internal clients, and external partners.
• Proficient in Microsoft Office applications, including Outlook, Word, and Excel.
• Ability to perform effectively under tight deadlines while maintaining a calm, professional demeanor.
• Ability to work a full‑time schedule with occasional extended hours and business travel as required.

Minimum Qualifications:

• Bachelor's degree in Risk Management, Finance, Business Administration, Law, Insurance, Accounting, or a related field.
• Minimum of 10+ years of progressive experience in corporate risk and claims management.
• Proven experience leading and developing employees and managing cross‑functional projects, teams, or initiatives.
• Strong knowledge of enterprise risk management principles, insurance markets, contractual risk transfer, claims administration, and regulatory compliance.
• Experience supporting mergers and acquisitions, strategic transactions, and complex commercial negotiations.
• Demonstrated ability to influence executive leadership and communicate effectively with Boards of Directors and senior stakeholders.
• Strong analytical, financial, negotiation, and problem‑solving skills.

Preferred Qualifications:

• Post graduate degree, such as a Doctor of Jurisprudence (JD) from an American Bar Association-accredited law school or a Master's degree from a program relevant to the position.
• Professional designations such as ARM, CPCU, CRM, RIMS-CRMP, or equivalent.
• Experience supporting a publicly traded company preferred.
• Demonstrated experience overseeing insurance programs, claims administration, and enterprise risk management initiatives.
• Experience managing relationships with insurance brokers, carriers, third‑party administrators, and external legal counsel.