The Marvin Companies, Inc. is seeking a Director of Enterprise Risk Management with outstanding leadership skills, strong strategic thinking competence, excellent business partnering capabilities and a track record for successfully driving change initiatives in the areas of risk management, loss prevention and control. (This role is a collaborative leader of the organization’s strategy of profitable growth that focuses on imagining and creating better ways of living.)
The Director of Enterprise Risk Management reports to the Senior Vice President/General Counsel and will provide leadership in the general discipline of enterprise risk assessment, mitigation and monitoring as well as in the creation of an effective overall management program for retained risk; administration of property/casualty insurance and other risk transfer programs and related services; oversight of five technical services as well as leadership of a staff of 8 (eight) professionals.
The Marvin Companies retains the major portion of its risk and therefore experience with risk identification and assessment as well as loss prevention and mitigation are critical.
The Director of Enterprise Risk Management will provide risk management services to thirteen production sites and other corporate locations.
Specifically, the Director of Enterprise Risk Management will focus on the following areas:
Enterprise Risk Management Leadership
• Formulate, evolve and oversee the execution of a long-range, enterprise-wide risk management framework for The Marvin Companies, including appropriate standards and infrastructure, which will guide and support business units and functions in discharging their risk responsibilities.
• Responsible for the day-to-day leadership of the risk management and supporting functions including developing strategy that provides optimum solutions for corporate risks regardless of whether retained or transferred.
• Thought leader/champion in providing risk finance, risk control and loss prevention solutions that are effective, efficient and consistent with long-term business values and value creation.
• Drive operational excellence and continuous improvement within risk management services through efficient design of programs while benchmarking against world-class programs and innovations.
• Maintain direct oversight and responsibility for risk management and loss prevention strategy and allied services.
• Facilitate and guide the Enterprise Risk Management (ERM) process including monitoring and reporting. Lead the Enterprise Risk Committee meetings and report the status to the Audit Committee of the Board of Directors periodically.
• Maintain full administrative responsibility for the Risk Management Department including budgets, staffing, administration, planning, performance management, talent assessment and development to retain, attract and engage staff, succession planning, etc.
• Drive an upgrading and standardization of a common risk management framework supporting the business units and functions with a focus on streamlining common risk-related processes across the enterprise.
• Proactively search opportunities with underwriters for improved insurance costs and coverage building strong strategic relationships with risk management brokers, consultants, underwriters and claims adjusters in a manner that represents the Company’s long term interests and is respectful of the complexity inherent in these relationships.
Property and Casualty Insurance Leadership
• Represent the Company in matters pertaining to property and casualty insurance.
• Direct the process of the development and maintenance of policies, standards and procedures pertaining to property and casualty insurance.
• Manage property and casualty insurance policies and coverages.
Captive Insurance Leadership
• Represent the Company in matters pertaining to captive insurance.
• Direct the process of the development and maintenance of the strategy for and architecture of insurance coverages as well as operational policies, standards and procedures pertaining to the integrity and success of the captive insurance company.
• Serve in a leadership capacity in connection with operational meetings and the annual meeting.
• Provide risk management and claims adjustment oversight and assistance to the captive insurance company.
• Work with third party managers, actuaries, accountants and auditors providing services to the captive.
Safety and Health Leadership
• Represent the Company in matters pertaining to safety and industrial health.
• Direct the process of the development and maintenance of common policies, standards and procedures pertaining to employee safety and industrial health.
• Interface with governmental authorities concerning safety and health matters to include the Occupational Safety and Health Administration, building code representatives, emergency response agencies and fire prevention personnel.
• Assist in the development of an Enterprise-Wide safety management system
Fleet Safety Leadership
• Develop common policies, standards, and procedures pertaining to fleet safety and loss prevention.
• Provide leadership through participation on the accident review board oversight committee.
• Direct DOT drug testing program.
Environmental Stewardship Leadership
• Direct Enterprise-Wide environmental compliance activity.
• Monitor and communicate environmental compliance information to executive management.
• Provide leadership direction for the Warroad Waste Management service.
• Serve as the Environmental Compliance Officer as defined in the December 24, 1990 Consent Decree.
Workers Compensation Claim Administration Leadership
• Provide direction, leadership and coordination concerning the management of Enterprise workers’ compensation claims and the needs of the injured employee.
• Manage the relationship with third-party providers and assess fit and performance.
• Property and Casualty Claim Administration Leadership
• Process property, general liability and auto liability claims.
• Adjust auto physical damage claims.
• Maintain third party administration service for workers’ compensation in to include managing contracts, filing reports and negotiating claim adjusting service.
• The ideal candidate will have at least 12-15 years experience in risk management with at least 5 years in the senior leadership role within complex, manufacturing organizations.
• Bachelor’s degree in the fields of risk management, finance or business administration with an MBA or MS degree preferred.
• This individual will be a broad-based business leader who will be able to engage with the enterprise leadership team as well as at the business unit level. The candidate will have developed and implemented numerous enterprise-wide risk management strategies.
• The ideal candidate will be knowledgeable of enterprise risk management.
• This individual must have a proven track record of success in leading organizations through significant transformation impacting both the business and risk management.
• The individual must also have significant experience in leading and supervising managers, technicians and supportive staff.
• The ideal candidate will have three to five years experience in each of the technical areas including: property and casualty insurance, captive insurance management; employee safety and health; fleet safety; environmental compliance and workers’ compensation claim administration. Additional experience in property and casualty claim administration.