NASCAR seeks a talented professional to join us in the position of Managing Director, Risk Management based in our Daytona office.
The Managing Director, Risk Management is responsible for the overall management of the corporate risk department. The primary role is to develop and implement strategic risk management processes, procedures and principals while promoting a culture of risk awareness and stewardship throughout the organization.
Duties include, but are not limited to:
Oversee a cross-functional and complex corporate risk management program, including hazard risk, operational risk, financial risk and strategic risk in a fast paced environment.
Administer and manage a corporate insurance program. Continually and consistently evaluate the adequacy of insurance coverages and limits. Oversee the insurance renewal process for business units, market NASCAR/ISC to carriers, brokers and third parties, and effectively negotiate limits and commercial insurance coverages including, but not limited to Property, Casualty, Directors and Officers Liability, Cyber Risk and Privacy Liability, Employment Practices, Fiduciary, Crime, Errors and Omissions, and General Liability and related exposures for a large organization.
Ability to work across the organization to establish a risk management framework and risk mitigation techniques on an enterprise-wide strategic, operational and functional basis in order to develop an interrelated risk portfolio.
Advise businesses units on the impact of risk and provide analysis of exposures to determine if risk should be accepted, avoided, financed or transferred.
Oversee the management of loss control, safety and claims process handling enterprise-wide for all coverage lines. Provide tracks and business units with analysis of loss history to proactively address exposures.
Work closely with Legal department to establish a consistent process for contractual risk transfer and establish standard insurance language that align with organizations risk tolerance levels.
Establish the framework for an effective risk management program for media and intellectual property exposures.
Lead, coach, develop and retain a high-performance cross-functional team with an emphasis on developing and maintaining strong business partnerships.
Travel is approximately 20%, including some weekend travel.
EDUCATION and/or EXPERIENCE
Bachelor Degree in Risk Management, Insurance, Finance, Business Administration, Legal or related field.
ARM, CRM or CPCU a plus.
7-10 years of experience with senior management responsibility in the commercial insurance industry. Experience in intellectual property and media exposures a plus.
Ability to effectively communicate and translate risk management techniques to executive leadership.
Ability to consistently make sound and reasoned decisions, offer practical advice and make recommendations to relevant decision makers throughout the organization.
Ability to effectively identify issues, research and analyze complex matters, assess potential exposures and appropriately manage risk as well as propose solutions.
Ability to exercise creativity, innovation and resourcefulness to address issues and resolve problems while promoting effectiveness and efficiency.
Internal Number: 2018-1926
The National Association for Stock Car Auto Racing, Inc. (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States. NASCAR consists of three national series (Monster Energy NASCAR Cup Series™, NASCAR XFINITY Series™, and NASCAR Camping World Truck Series™), four regional series, one local grassroots series and three international series. NASCAR is a company driven by technology and innovation, both of which are central to competition and are at the core of our sport. The sport’s impact is demonstrated with a strong corporate and media footprint. In 2017, more than 1 in 4 (28%) FORTUNE 500 companies continue to invest in NASCAR; while 51 million unique TV viewers, 55 million unique visitors to NASCAR’s in-house operated digital properties and 12 million followers on social platforms consume the sport at home. The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. Based in Daytona Beach, Fla., with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information visit http...://www.NASCAR.com and http://www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat (‘NASCAR’).