Summary: The Vice President, Risk Management is responsible for the global risk and insurance function, including formulating and recommending insurance strategy policies, procuring insurance coverage and risk-related services, managing claims and implementing solutions to eliminate or minimize exposure, losses and insurance cost. Essential Duties & Responsibilities: · Formulate, procure, implement and oversee/enforce global insurance policies and procedures Review renewal insurance policies and compare various methods/costs of coverage· Serve as liaison to brokers, carriers, third party administrators and other risk partners· Provide consultative services to the Live Nation divisions on risk and insurance· Develop strategies to minimize corporate and operating risk exposures, maximize risk transfer solutions· Serve as advisor to the businesses on contract insurance and indemnification language· Provide guidance, review and enforcement of Certificate of Insurance protocol · Record, investigate, manage and resolve claims with in-house and external legal counsel· Report costs, exposures, claims and other function statistics to senior management· Prepare department budgets and forecasts, track enterprise cost of risk· Oversee the actuarial reporting and analysis, and provide financial reserve data to Accounting Skills & Qualities:· Minimum 15 years of experience buying and managing commercial insurance programs with a large, global corporation required, preferably as an insured· Live event/entertainment/hospitality/similar industry and/or multi-site experience required· Claims management experience including oversight of TPAs and defense counsel· Strong experience in contract review and analysis, especially insurance and indemnification language· Knowledge of corporate accounting and treasury principals, with an understanding of financial statements and their relationship to insurance and risk· Understanding of legal entity structures and corporation organization Education & Knowledge:· College degree in business/finance, risk/insurance management or technical discipline required; MBA strongly preferred· Insurance certification(s) such as ARM or CPCU highly desired· Excellent skills in Excel, Word and PowerPoint required· Superior quantitative and analytical skills; ability to interpret and synthesize broad data sets· Strong communication skills with ability to be diplomatic and persuasive to a variety of constituents· Excellent negotiation skills with brokers, carriers, vendors, attorneys and internal stakeholders· Cooperative, collaborative style
Important Safety Tips: You should find out as much as you can about the company. Meet your prospective employers/employees face to face. You should NOT have to provide your bank account details. Stay safe - read our safety tips.