Risk Manager

The Home Depot; Atlanta (GA); On-site; USD 110,000 - 170,000; Full time

Job summary

The Home Depot is seeking a senior risk professional to oversee the insurance, self-insurance, and risk transfer programs for a major subsidiary. You will manage broker relationships, policy maintenance, and risk transfer provisions across contracts.

The role requires CPA and/or CPCU/ARM qualifications, a strong GAAP understanding, and proven experience in corporate risk management within a public company. Travel is minimal, and collaboration with Legal and Finance is essential.

Qualifications

• 5 years of accounting or risk experience in a public company.
• CPA and accounting experience in a public company.
• Strong understanding of accounting principles in a public company.
• Bachelor's degree or equivalent in related field.

Responsibilities

• Oversee insurance, self-insurance, and risk transfer programs.
• Manage insurance placement, retention analyses, and policy administration.
• Review contracts for insurance and risk transfer provisions.
• Develop actuarial loss reserves for workers' compensation, auto liability, and general liability.
• Develop corporate insurance program aligned with company strategy and risk appetite.
• Lead RMIS policies and monthly/ad hoc reporting.
• Manage certificate of insurance tracking for vendors and installers.

Skills

Risk management

Insurance programs

Contract risk transfer

Financial analysis

Vendor management

Education

Bachelor's degree in accounting/finance

CPA certification

CPCU / ARM designation

Tools

RMIS

Job description

This role is going to have oversight of the financial operations of a $600M/year subsidiary within Home Depot. Under general direction; develops, executes, and manages the insurance, self-insurance, contractual risk transfer and risk management information programs of the company with the primary purpose of controlling exposures and losses to the company.

Key Responsibilities:

• Ensures placement and administration of insurance and surety bond programs including retention analyses, coverage negotiations and policy/certificate maintenance; primary liaison with insurance brokers and insurance carriers.
• Provides proper control of administration of self insurance programs including annual review of cost effectiveness; ensures all associated government reporting obligations are met as prescribed by law or regulation.
• Evaluates risk levels of various agreements and other contracts entered into by the company with specific focus on insurance and risk transfer provisions. Provides feedback and suggestions to Legal and outside counsel.
• Implements appropriate processes for review of loss data to develop actuarial loss reserves for workers' compensation, Texas non-subscriber, automobile liability and general liability.
• Develops corporate insurance program and evaluates the incorporated levels of risk transfer and risk retention based on overall company strategies and risk appetite.
• Develops and implements policies and procedures for the effective management of the risk information system; acts as liaison with the risk management information system vendor. Oversees production of monthly field reports as well as ad hoc reports.
• Manage certificate of insurance tracking program for vendors, installers, and others with contractual obligations for providing certificates of insurance.
• Selects, develops, motivates and evaluates subordinate associates and vendor partners in a manner which ensures that the department is operating at its most effective abilities and in compliance with known company policies and procedures.

Direct Manager/Direct Reports:

• Typically reports to Director - Risk Management
• No direct responsibility for supervising others.

Travel Requirements:

• Typically requires overnight travel less than 10% of the time.

Preferred Qualifications:

• 5 years of accounting or risk experience in a public company
• CPA and financial/accounting experience in a public company
• Strong understanding of accounting principles in a public company
• CPCU, ARM or equivalent professional designations
• Work experience in corporate risk management department, insurance broker or insurance carrier
• The knowledge, skills and abilities typically acquired through the completion of a bachelor's degree program or equivalent degree in a field of study related to the job.