Director of Risk Management

Foundation Building Materials

Santa Ana, CA

JOB DETAILS
SALARY
$182,000–$208,000 Per Year
SKILLS
ARM (Advanced RISC Machine), Analysis Skills, Architectural Services, Automation, Benchmarking, Best Practices, Business Administration, Cargo/Freight, Claims Management, Coaching, Construction, Continuous Improvement, Contract Review, Cross-Functional, Customer Relationship Management (CRM), Data Analysis, Data Quality, Database Report Tools, Decision Support, Documentation, Finance, Financial Operations, Financial Trend Analysis, Human Resources, Insurance, Insurance Claims, Insurance Regulations, Leadership, Legal, Legal Support Skills, Liability Insurance, Litigation, Logistics, Loss Prevention, Management Strategy, Manufacturing, Microsoft Office, Negotiation Skills, Organizational Development/Management, People Management, Performance Metrics, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Property Insurance, Provincial Laws and Regulations, Regulations, Relationship Management, Requirements Management, Residential Construction, Risk, Risk Analysis, Risk Management, Root Cause Analysis, Safety/Work Safety, Sales Management, Staff Development, Strategic Planning, Systems Administration/Management, Third-Party Payer, Time Management, Trend Analysis, Worker's Compensation, Workflow Analysis
LOCATION
Santa Ana, CA
POSTED
2 days ago

About UsCompany OverviewFoundation Building Materials (FBM) is a leading construction materials distribution company serving the commercial and residential construction markets across United States and Canada. In conjunction with Unified Door & Hardware Group (UDHG), a premier provider of commercial door, frame, and hardware solutions, FBM supports a broad range of construction and architectural projects nationwide.Together, FBM and UDHG's 8,000+ Team Members are committed to operational excellence, innovation, and employee development. By combining scale, specialty expertise, and a customer-first mindset, we deliver high-quality products and services to contractors, builders, and project teams across diverse markets. As the organization continues to grow and evolve following the recent acquisition by Lowe's, we are investing in strong, forward-thinking talent to support our long-term success.OverviewPosition OverviewThe Director of Risk Management is responsible for leading the strategic development, implementation, and oversight of the Company's enterprise risk management, insurance, claims administration, analytics and RMIS system. This role partners closely with executive leadership, operations, safety, human resources, legal, and third-party administrators to identify, assess, mitigate, and monitor organizational risks across FBM's operations throughout North America.The Director of Risk Management provides leadership and direction for workers' compensation, auto liability, general liability, property, and other corporate insurance programs while driving initiatives that reduce loss exposure, improve claims outcomes, and support a culture of safety and accountability. This position requires substantial discretion and independent judgment in evaluating risk exposures, developing risk mitigation strategies, negotiating with insurance partners, and recommending solutions that align with organizational objectives.A critical component of this role is serving as the organizational leader and subject matter expert for Origami Risk, including system administration oversight, data integrity, reporting, analytics, workflow optimization, and strategic utilization of the platform to support claims management, risk analysis, and enterprise decision-making.Responsibilities and QualificationsKey ResponsibilitiesEnterprise Risk ManagementDevelop and execute the organization's enterprise risk management strategy to identify, assess, monitor, and mitigate operational, financial, legal, and strategic risksEstablish risk management policies, procedures, and best practices that align with corporate objectives and regulatory requirementsPartner with executive leadership to evaluate emerging risks and develop proactive mitigation strategiesLead enterprise-wide risk reporting and provide recommendations to senior leadership regarding risk exposure and control measuresMonitor trends and industry developments that may impact the Company's risk profileInsurance Program ManagementDirect the administration of all corporate insurance programs, including workers' compensation, auto liability, general liability, property, umbrella, cargo, and other coveragesManage relationships with insurance carriers, brokers, third-party administrators, and other risk management service providersProject manage annual insurance renewals and ensure accurate and timely data submission to brokersAnalyze insurance program performance and recommend adjustments to optimize coverage and control costsSupport contract review processes by evaluating insurance requirements and risk transfer provisionsClaims ManagementOversee the administration and resolution of workers' compensation, auto liability, general liability, and property claimsOversee the third-party administrator program and overall department processesReview significant claims exposures and develop strategies to reduce financial impact and operational disruptionDrive initiatives that improve claim outcomes, reduce frequency and severity, and support alternative return-to-work programsOrigami Risk Administration & StrategyServe as the executive owner and primary business leader for the Origami Risk platform across the organizationCollaborate with internal stakeholders and external partners to maximize platform functionality and business valueIdentify opportunities for automation, process improvement, and enhanced utilization of Origami Risk capabilitiesLead system enhancements, upgrades, implementations, and integration initiatives related to claims and risk management operationsEnsure accurate and timely reporting of risk, claims, and loss data to support strategic decision-makingRisk Analytics & ReportingAnalyze claims trends, loss experience, insurance costs, and operational risk indicatorsUtilize data analytics to identify root causes of losses and opportunities for continuous improvementEstablish key performance indicators and benchmarks to measure program effectivenessProvide actionable recommendations based on risk and claims data analysisCompliance & GovernanceEnsure compliance with applicable federal, state, provincial, and local regulations related to risk management, insurance, and claims administrationMaintain documentation and reporting necessary to support audits, regulatory inquiries, and insurance requirementsPartner with Legal, Safety, and Human Resources teams on compliance-related initiatives and risk mitigation strategiesSupport litigation management efforts and coordinate with legal counsel as necessaryLeadership & Cross-Functional PartnershipProvide exceptional, simple process improvements to streamline tasks for the Risk teamProvide leadership, coaching, and development to risk management personnel and support teamsInfluence organizational decision-making by providing expert guidance on risk-related mattersPromote a culture of accountability, proactive risk management, and continuous improvement throughout the organizationQualificationsRequiredBachelor's degree in Risk Management, Business Administration, Finance, Insurance, Occupational Safety, or a related field8+ years of progressive risk management, insurance, claims administration, or related experience5+ years of leadership experience managing risk management programs and initiativesExtensive experience managing workers' compensation, liability, and property insurance programsExperience driving process improvements with exceptional organizational skillsDemonstrated experience utilizing Origami Risk or similar enterprise risk management and claims management platformsStrong knowledge of insurance principles, claims administration, risk financing, and loss prevention strategiesExperience working with third-party administrators, insurance carriers, brokers, and legal counselStrong analytical, problem-solving, and strategic planning skillsExcellent communication, presentation, and relationship management abilitiesProficiency with Microsoft Office Suite, reporting tools, and data analytics platformsPreferredProfessional certifications such as ARM, CRM, CPCU, RIMS-CRMP, or equivalentExperience in distribution, logistics, transportation, manufacturing, construction materials, or related industriesExperience leading enterprise-level risk management programs across multiple locationsAdvanced knowledge of claims analytics, risk technology platforms, and process automationCompensation and BenefitsReports To: Vice President of Risk ManagementCompensation: The listed pay range reflects the expected base rate for this position. Within the range, individual pay may vary based on experience, qualifications, and work location within state. This is a full-time position with competitive pay and benefits.Base: $140,000 - $160,000 annuallyBonus: 30% Target BonusTotal Compensation (Base + Bonus): The successful candidate could reasonably expect a Total Compensation Package in the range of $182,000 - $208,000Equity: This role is eligible for equity opportunities, awards, or grants.Benefits:Medical, Dental and Vision plans with leading national providersHealth Savings Account (HSA) / Flexible Spending Account (FSA)Company Provided Basic Life and Accident Death & Dismemberment (AD&D)Voluntary Life and Accidental Death & Dismemberment (AD&D)Critical illness, Hospital Indemnity, Accident CoverageLegal Insurance PlanPaid Time Off (PTO) & Paid Company Holidays401(k) plan with generous company matchStatementsEqual Opportunity EmployerFoundation Building Materials is an Equal Opportunity Employer and committed to providing equal employment opportunities to all individuals, including those with disabilities. We value diversity and inclusion and are dedicated to creating a workplace where all employees feel respected and empowered. All employment decisions are based on business needs, job requirements, merit, and individual qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability status, genetic information, veteran status, or any other characteristic protected by federal, state, or local law.In accordance with the Americans with Disabilities Act (ADA) and applicable state and local laws, we provide reasonable accommodations to qualified individuals with disabilities to help them perform the essential functions of their job. If you need assistance or an accommodation during the application process or while employed, please contact Human Resources at Talent@myfbm.com.Posting PeriodThis job will be posted for at least 5 days, starting on the initial postdate reflected above.Salary RangeMin: USD $140,000.00/Yr., Max: USD $160,000.00/Yr.#J-18808-Ljbffr

About the Company

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Foundation Building Materials