The primary function of the Duininck Companies Enterprise Risk Manager is to lead the identification, measurement and management of risk, procurement of insurance, implementation of risk management policies/procedures and general education of risk management issues across the Duininck Companies entities.
Actively take on challenges with unwavering commitment to the company vision.
Work hard but have fun, value relationships and foster interests outside of work.
Healthy accountability; be open, transparent, honest and direct even when it is uncomfortable.
Embrace and promote change to solve issues as servant leaders committed to making improvements necessary to realize the company vision.
Essential Duties and Responsibilities
Risk Management Education and Assessment:
Establish a common risk management philosophy and structure followed by the companies
Through site visits and relationship with business leaders, maintain awareness of the operational scopes of the Duininck Entities in order to support the education and oversight of risk related issues across the network of companies
Be cognizant of all forms of risk in the entities, which may include operational, financial, commodity, political, reputational, supplier, compliance and business risk in addition to insurable and hazard risk.
Maintain alignment with entity leaders on top priority risk issues for their organization and ensure they are understood, measured and actively mitigated.
Ensure that the company is adequately insured and indemnified.
Work with entity leadership to manage the risks in all areas of the business
Ensure appropriate annual review and implementation of necessary changes to master subcontractor agreements and any other core contract documents used by the companies
Educate owners and business leaders/managers to understand hazards and risks as well as our corresponding insurance coverage or other risk management tools.
Ensure certificates of insurance are audited at least annually for each entity
Implement core risk management processes throughout the companies
Maintain active involvement with our insurance captive (ACIG) to continually learn from other members and contribute to the group
Utilize available services and expect high performance from our brokers and policy providers to help our companies continually improve
Review risk industry publications to be aware of what is happening in risk management
Procurement of Business Insurance:
Collaborate with CFO to develop relationship with the brokers to ensure the best value received on our insurance program
Gather information for insurance applications for coverage from company sources
Oversee the RFP process and insure appropriate levels of coverage are provided and Duininck entity specialists are adequately involved.
Benchmark insurance industry trends relative to pricing and coverage.
Review policies annually; Ensure policies do not lapse
Manage the broker relationship; broker services provided and broker performance reviewed annually
Recommend the appropriate coverage limits to meet the goals of owners/board
Manage D-MN insurance related claims including worker’s compensation
Manage any D-MN claim related mediation
Select attorneys for any claim related litigation
Be the primary contact and relationship manager for any law firms retained for claim management across all Duininck entities
Work with the divisions and the broker on larger claims to ensure that the information on the claims is gathered in a way that will assist the insurer in understanding the claim and encourage prompt payment for losses.
Oversee claims management process for all entities within the company in line with ACIG guidelines; directly manage or collaborate on all large claims or mediation of claims system wide
Be a part of all claim reviews including the quarterly ACIG claims reviews.
Ensure entities understand their role in minimizing claims
Evaluate safety and loss prevention efforts at each entity
Develop plans to lead and support system-wide loss prevention efforts from the Duininck Companies Central Management Team
Develop a property loss prevention program and education component to go with it to reduce losses associated with Auto Liability claims and equipment damage
Stay on top of the latest trends (i.e. sub-contractor default, product defect, etc.); evaluate Duininck Co.’s exposure to those risks and recommend course of action
Provide review and consultation services for entity Environmental Health & Safety programs
Conduct audits to insure required minimums are being met from a risk management perspective. Examples DOT/driver files, equipment repair files, certificates of insurance, contracts & subcontracts, etc.
Be a resource of available to conduct, recommend or outsource training that would benefit company affiliates in their risk management. Example would be recall training for InHarvest.
Develop a formalized Crisis Management protocol for entity management implementation
Maintain oversite & support of entity Crisis Management plans
Train key personnel to support roll out the Crisis Management protocol/plan
Set up for annual review of the protocol and refresher training
Job Knowledge, Skills and Abilities:
Solid working knowledge of construction and manufacturing industries and general risk management issues
Comfortable leading companywide oversight of various risk related activities
Conduct site visit inspections of primary company facilities at least 1x per year
Maintain regular oversite of key metrics for safety and claims
Maintain appropriate documentation for all aspects of the risk management function
Establish annual plans and quarterly goals within the DC business planning framework
Communicate the vision and plans of Risk Management to entity teams and how they contribute
Ability to translate the complexity of risk management functions into actionable business plans and practices at the entity level
Ability to work with all levels of people; employees, managers, leaders, outside consultants and others as part of a collaborative relationship aimed at meeting organizational goals
Actively build and maintain successful professional relationships throughout the industry to stay up on current trends and maintain access to critical expertise related to risk management.
Actively build and maintain relationships with key staff and leaders within the organization
Ability to convey important risk management concepts and new procedures to the organization
Ability to ensure that organizational practices, policies and decisions are consistent with a culture of integrity and trust
Ability to improve organizational processes and systems to drive business growth
Annually attend at least one conference related to the type of work the company does that provides growth in the area of risk management. Submit a summary of the meeting to upper management pointing out areas that challenge the company to change.
Education and Experience:
Bachelor’s degree in Finance, Management or related field, or equivalent experience required,
Ten years of Finance & Administrative management experience in a complex, construction or manufacturing organization preferred
CRIS or similar certification preferred
Minimum of five years of insurance procurement experience in the areas of general liability, excess liability, workers compensation, pollution, food safety, property, auto and aircraft; preferred
Experience with captive insurance programs preferred
Dotted line to/from entity claims management and safety personnel
Future: Corporate Safety Manager empowered to develop/lead/support the loss prevention efforts across the Duininck entities.
Work Environment/Physical Demands:
Regularly required to stand, sit and move about the facility
Ability to navigate construction job sites and production facilities including climbing ladders, stairs, trenches and other related site hazards common to our industries.
Annual travel to each entity is required plus travel to Willmar and vendors as needed. Initially, more travel will be needed to familiarize with the various entities and the CM team.
Telecommuting is allowed.
About Duininck Companies
From the far corners of the world to small town Minnesota, the reach of Duininck Companies spans the globe. Duininck Companies is a family-run company, diversified in industries ranging from construction to manufacturing, from real estate development to distribution.
Founded in 1926, and now in its third generation, Duininck Companies have strategically grown, capitalizing from its proven approach; leverage the resources of a large company with the agility of independent operators.
A Tradition of Values, Our foundation for the future