Senior Director, Risk Management

The Senior Director of Risk Management is responsible for developing, implementing, and overseeing the organization's risk management strategies, with a strong focus on captive insurance programs. This leadership role involves identifying, assessing, and mitigating risks while optimizing the use of captive insurance solutions to enhance financial and operational efficiencies. Will serve as the principal point of contact and liaison with internal and external customers on all litigated claims.

Essential Job Duties:

• Direct and oversee Risk Management, insurance, safety, claims and litigation for AMIkids,
• Manage and optimize captive insurance structures to ensure cost-effective risk financing,
• Oversee captive feasibility studies, formation, and ongoing regulatory compliance,
• Evaluate retention levels, policy structures, and reinsurance arrangements,
• Work closely with brokers, actuaries, and legal advisors to maximize captive benefits,
• Ensure compliance with insurance regulations, including domicile-specific captive laws,
• Oversee reporting, financial statements, and audits for captive entities,
• Maintain relationships with regulators and industry groups to stay ahead of emerging trends,
• Oversee and coordinate the dissemination of sensitive information to the Leadership Team, Executive Board, claimants, claims adjustors, attorneys, and insurance companies,
• Oversee the collection and maintenance of claims data and records; coordinate the development of periodic and ad hoc loss data reports and analyses, provide recommendations regarding loss control and prevention initiatives,
• Review and assist in the preparation of the applications for insurance coverage,
• Prepare various analyses to assist CFO and Controller in developing cost of risk factors to ensure proper budgeting and allocation of risk transfer and risk retention costs,
• Act as HIPAA Compliance Officer and Public Records Custodian for AMIkids,
• Develop and maintain relationships with current and future potential Property and Casualty Brokers, Lawyers, Third Party Administrators, etc.,
• Write and execute requests for proposals related to risk management, insurance and associated professional services agreements,
• Implement and enforce policy and procedural changes to reduce organizational liability and financial risk,
• May travel for work related duties,
• Assist with special projects and other duties as assigned.

Minimum Education, Training and Experience

• Bachelor's degree or equivalent work experience,
• Minimum ten years' experience in risk management with progressive responsibilities,
• Minimum of 5 years of managerial experience,
• Minimum of 5 years in captive insurance to include in-depth knowledge of captive insurance structures, alternative risk financing, and regulatory requirements,
• Demonstration of continuing education of industry topics (i.e., certification in Safety, Risk Management, Human Resources, Workers Compensation, Insurance, etc.),
• Microsoft Office Suite (Outlook, Word, Excel).

What's in it for you?
As well as gain an opportunity to make an exceptional difference in kids' lives, AMIkids offers a comprehensive benefits package including:

• Growth opportunities - we pride ourselves on developing our leaders from within
• Health Benefits - Medical, Dental, Vision, & Prescription Drug plan options; Health Spending Account, Company paid Life Insurance and AD&D
• PTO & Paid Holidays
• Wellness Benefits - EAP, Health Coaching, Stress Management Programs, etc.
• Employer Funded Pension Plan, Voluntary 403(B) Retirement Plan, Student Loan Forgiveness Program
• Pet Insurance, World Travel Assistance, Car Rental discounts, Gym Membership discounts, and more.