Sr. Director, Risk Management

Home Depot; United States; On-site; USD 120,000 - 190,000; Full time

Job summary

The Home Depot seeks an senior risk leader to develop enterprise-wide strategies for insured risks across lines, determine coverage and limits, and optimize risk transfer via insurance, self-insurance, and captives. Partner with safety, legal, and finance leaders to implement RMIS and related systems.

Responsibilities include leading the Risk Management Department, serving as main contact for the insurance industry, and guiding staff development. Travel up to 20% may be required.

Qualifications

• Bachelor's degree or equivalent in a related field.
• 10 years of work experience in risk management or insurance roles.
• Professional certifications such as CPCU, ARM, AIC preferred.

Responsibilities

• Develop, implement, and enforce enterprise-wide risk and insurance policies.
• Lead risk management team and interface with insurers and brokers.
• Monitor insurable exposure and balance between insurance, self-insurance, and captives.

Skills

Strategic Mindset

Risk Management

Decision Quality

Organizational Savvy

Analytical Thinking

Education

Bachelor's degree

Business or Risk Management degree

Job description

With a career at The Home Depot, you can be yourself and also be part of something bigger.

Position Purpose

Develops Enterprise-wide strategy for assessing insured risks across all relevant insurance lines, identifies the need for coverage and limits, determines appropriate risk transfer goals, determines the effective use of the insurance market, self-insured retentions, deductibles, captive insurance programs, and RMIS systems

Key Responsibilities

• 40% - Develop, enhance, and operationalize compliance policies and processes - Ensures compliance with all insurance capital and regulatory requirements. Partners with safety, legal, and finance leaders, among others, to explain insurance programs and their benefits and impacts. Procures and utilizes effective risk management systems.
• 30% - Lead and develop ongoing management of risk program - Provides leadership direction to Risk Management Department. Serves as lead contact for the insurance industry including insurance brokers and the insurance market overall. Selects, develops, and motivates staff within Risk Management.
• 30% - Perform activities to monitor and assess risk on an ongoing basis - Identifies and evaluates insurable exposure. Evaluates appropriate balance between insurance, self-insurance, and captive utilization.

Direct Manager/Direct Reports

This Position typically reports to the Vice President, Legal

This Position has up to 3 Direct Reports

Travel Requirements

Typically requires overnight travel 5% to 20% of the time.

Physical Requirements

Most of the time is spent sitting in a comfortable position and there is frequent opportunity to move about. On rare occasions, there may be a need to move or lift light articles.

Working Conditions

Located in a comfortable indoor area. Any unpleasant conditions would be infrequent and not objectionable.

Minimum Qualifications

• Must be 18 years of age or older
• Must be legally permitted to work in the United States

Preferred Qualifications

• Business or Risk Management degree
• Insurance industry designations such as CPCU, ARM, AIC

Minimum Education

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.

Preferred Education

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.

Minimum Years of Work Experience

10

Preferred Years of Work Experience

10

Minimum Leadership Experience

None

Preferred Leadership Experience

None

Certifications

None

Competencies

• Business Insights
• Decision Quality
• Organizational Savvy
• Strategic Mindset
• Expertise in the risk management/insurance discipline
• Flexibility, problem solving, and organizational skills
• Strategic planning and risk management planning experience
• Analytical and decision-making skills