Risk Finance Manager - RISK MANAGEMENT

Job Title: Risk Finance Manager - RISK MANAGEMENT to join our ever-growing company.



Job Title: Risk Finance Manager - RISK MANAGEMENT

Company: The Home Depot

Requisition #: 30995

Job Function: Risk Management

Employment Status: Full-Time

Travel: 0

Relocation: No


Job Description:

Position Purpose

Under general direction; develops, executes, and manages the insurance, self-insurance, contractual risk transfer and risk management information programs of the company with the primary purpose of controlling exposures and losses to the company.



Major Tasks, Responsibilities and Key Accountabilities


Ensures placement and administration of insurance and surety bond programs including retention analyses, coverage negotiations and policy/certificate maintenance; primary liaison with insurance brokers and insurance carriers.
Provides proper control of administration of self insurance programs including annual review of cost effectiveness; ensures all associated government reporting obligations are met as prescribed by law or regulation.

Evaluates risk levels of various agreements and other contracts entered into by the company with specific focus on insurance and risk transfer provisions. Provides feedback and suggestions to Legal and outside counsel.

Implements appropriate processes for review of loss data to develop actuarial loss reserves for workers' compensation, Texas non-subscriber, automobile liability and general liability.

Develops corporate insurance program and evaluates the incorporated levels of risk transfer and risk retention based on overall company strategies and risk appetite.

Develops and implements policies and procedures for the effective management of the risk information system; acts as liaison with the risk management information system vendor.
Oversees production of monthly field reports as well as ad hoc reports.

Manage certificate of insurance tracking program for vendors, installers, and others with contractual obligations for providing certificates of insurance.

Selects, develops, motivates and evaluates subordinate associates and vendor partners in a manner which ensures that the department is operating at its most effective abilities and in compliance with known company policies and procedures.



Nature and Scope


Typically reports to Director - Risk Management.

No direct responsibility for supervising others.



Environmental Job Requirements


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

Typically requires overnight travel less than 10% of the time.




Minimum Qualifications


Must be eighteen years of age or older

Must pass the Drug Test

Must pass the Background Check

Must pass pre-employment tests if applicable



Education Required

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.



Years of Relevant Work Experience - 2




Physical Job 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.



Preferred Qualifications


MBA with focus of study in Risk Management.

CPCU, ARM or equivalent professional designations.

Work experience in corporate Risk Management Department, insurance broker or insurance carrier.



Knowledge, Skills, Abilities and Competencies


Intimate knowledge of insurance contracts and other risk transfer vehicles.

Understanding of financial/accounting principles.

Ability to manage and control outside vendor partners.

Working knowledge of risk and claims management information systems.

Strong analytical and critical thinking abilities with negotiating skills.