Wednesday , December 6 2023

Biglots Careers – Risk Management

Website Big Lots Stores

Job Description:

Responsible for driving all risk management initiatives across the organization. Develops, recommends and implements controls and cost-effective approaches to minimize the organization’s risks effects. Identifies and analyzes potential sources of loss to minimize risk and estimates the potential financial consequences of occurring losses.

Job Responsibilities:

  • Administers and facilitates the Company’s Enterprise Risk Assessment (ERA) and Enterprise Risk Management (ERM) processes. Includes, but is not limited to, annual risk discussions with Senior Management and the Audit Committee for purposes of maintaining the Company’s prioritized risk portfolio, quarterly risk reporting, and monitoring of select Key Risk Indicators (KRIs).
  • Responsible for all aspects of the company’s insurance program. Lead the process to procure insurance and excess insurance policies; negotiate with insurance brokers and underwriters. Monitor and analyze insured and uninsured risks making recommendations on appropriate types and levels of insurance; analyzes loss expectancies.
  • Plan, develop, organize, coordinate and manage the company’s risk management program including workers’ compensation, loss prevention, claims administration, insurance and self-insured retention, and safety. Develop systems, procedures, policies and programs to reduce risk exposure.
  • Create functional strategies and specific objectives and develops budgets/policies/procedures to support the functional infrastructure.
  • Manage cross-functional relationships with Legal, Human Resources, and Asset Protection in general liability, works compensation and safety-control processes.
  • Establish and maintain effective working relationships with associates, insurance agents and brokers, insurance companies, attorneys, residents, the public and other agencies and organizations.
  • Promotes organizational-wide understanding about risks and risk management strategies.
  • Accountable for managing people, setting direction and deploying resources.
  • Develop loss control and safety programs in conjunction with other areas of the business. Establish procedures to conforms with government agencies such as OSHA, EPA, NCCI, Industrial Commissions and Health Departments; Maintain and periodically revise and update Injury and Illness Prevention Program; advise departments on loss control and liability areas; evaluates effectiveness of programs and procedures. Develop, administer and monitor risk management budget and reserves; participates with a variety of committees, study groups and task forces; attends a variety of meetings and conferences; chairs Executive Safety Committee meetings.

Job Requirements:

  • Ability to plan, coordinate, administer and implement a risk management program; develop systems, procedures, policies and programs to reduce risk exposure; analyze risk accurately and effectively; work independently with little direction; establish and maintain effective working relationships with others; meet schedules and time lines; plan, develop and direct programs; train, supervise and evaluate personnel; research data and prepare reports; communicate effectively both orally and in writing; work confidentially with discretion; present ideas and concepts persuasively; negotiate effectively; interpret, apply and explain laws, codes, regulations, policies, and procedures; analyze situations accurately and adopt effective course of action.
  • Able to achieve results through the work of others and influence and negotiate within the organization.
  • Broad technical expertise, business and industry knowledge, and process and people leadership skills required.
  • Associate Risk Management (ARM) designation preferred.
  • Knowledge of principles and practices of risk management; OSHA regulations and safety inspection techniques; The companies organization, operation, policies and procedures; principles and practices of administration, supervision and training; oral and written communication skills; applicable sections of federal and state laws, regulations and codes; technical aspects of field of specialty; principles and practices of budget preparation and control; principles and techniques of developing and negotiating contracts; methods and processes of insurance claims adjustment; contract law; statistical practices and procedures related to risk analysis, insurance, financial accounting, retentions and reserves, and budgeting; program monitoring and evaluation; personal computers and software applications related to field of specialty.

Qualification & Experience:

  • Bachelor’s degree in business, public administration or a related field required.
  • Minimum of five years of management experience required.
  • Five years increasingly responsible professional risk management experience including workers’ compensation, claims administration; general insurance, and safety required.

Job Details:

Company: Big Lots Stores

Vacancy Type:  Full Time

Job Location: Columbus, Ohio, US

Application Deadline: N/A

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