Senior VP, Risk Management & Insurance Strategy

Churchill Downs Incorporated; Louisville (KY); On-site; USD 140,000 - 210,000; Full time

Job summary

Churchill Downs Incorporated is seeking a Vice President of Risk Management to lead risk and insurance strategies, oversee commercial insurance placement, captive programs, and surety bonds, while directing claims management and incident response for major events.

The role requires 10-15 years of risk management experience, a Bachelor's degree (advanced degree preferred), and strong analytical, financial, and leadership skills to support enterprise risk management initiatives.

Qualifications

• Bachelor’s degree required; advanced degree preferred.
• 10-15 years of relevant risk management experience preferred.
• Excellent analytical, problem solving, and strategic thinking skills.
• Ability to analyze, interpret, and summarize data.
• Excellent financial acumen and understanding of risk management practices.
• Significant experience with commercial insurance policies.
• Experience working with a captive insurance company preferred.
• Detail oriented, professional demeanor, strong organization and project management skills.
• Strong interpersonal skills, including the ability to interact effectively with senior / executive management.
• Excellent verbal and written communication / presentation skills.
• Strong work ethic and ability to cultivate working relationships throughout the organization.
• Proficient with Microsoft suite products (Excel, PowerPoint, etc.).

Responsibilities

• Place coverages for all commercial lines to ensure assets and team members are properly insured.
• Lead claims negotiations and discussions with insurance carrier, legal, and property representatives.
• Support review of company contracts to provide feedback on insurance provisions in conjunction with corporate legal department.
• Review quarterly actuarial reserve analysis.
• Monitor litigated liability claims and provide updates to key stakeholders.
• Participate in mediations.
• Lead the Guest Incident Investigation Team at the Kentucky Oaks and Derby.
• Obtain surety bonds.
• Answer ad-hoc inquiries regarding coverage, best practices, and reserve changes.
• Prepare meaningful claims data for quarterly meetings with each property.
• Oversee captive insurance company.
• Supervise Director or Claims to ensure all work is properly prioritized and completed.
• Serve on the Enterprise Risk Management team.

Job description

Churchill Downs Incorporated is seeking a Vice President of Risk Management to lead risk and insurance strategies, oversee commercial insurance placement, captive programs, and surety bonds, while directing claims management and incident response for major events.

The role requires 10-15 years of risk management experience, a Bachelor's degree (advanced degree preferred), and strong analytical, financial, and leadership skills to support enterprise risk management initiatives.