Company Overview
Why Choose Us?
Novolex is a leading manufacturer of food, beverage, and specialty packaging that supports multiple industries including foodservice, restaurant delivery and carryout, food processing, grocery and retail, and industrial sectors. Novolex manufacturing and sourcing expertise spans a diverse range of substrates including resin, paper, molded fiber, aluminum and more. We provide customers a broad array of stock and customized solutions with 120 product categories, 250 brands and over 39,000 SKUs.
OurSustainability Commitment
The Novolex sustainability vision is built upon three pillars: our products, our operations and our people. Each is critically important to our growth and future as a business. These pillars form the foundation of our company-wide commitment to sustainability, helping us achieve our ambitious goals through our wide-ranging initiatives.
Job Description
The Director of Risk Management is responsible for designing, implementing, and leading a comprehensive risk management framework across the company, with emphasis on insurance, claims management, risk programs, product liability, and enterprise risk coordination. This role works cross-functionally with leadership and operational teams to identify, assess, prioritize, and mitigate risks that could impact strategic objectives, financial performance, operational resilience, regulatory compliance, and organizational reputation.
The Director will ensure that project-level risks are consistently integrated into enterprise-level reporting, creating a holistic view of company-wide risk exposure that will result in a comprehensive insurance coverage structure that maximizes coverage at the most efficient cost of risk. They will serve as the central internal owner of Novolex's risk and insurance programs, coordinating closely with external brokers, carriers, claims partners, and internal stakeholders.
The ideal candidate brings strong analytical capabilities, executive presence, and the ability to translate complex risk concepts into clear, actionable insights that guide strategic decision-making in a scaled, manufacturing-intensive environment.
KEY RESPONSIBILITIES:
Insurance and Risk Transfer
Oversee the company's global insurance program, including property, casualty, workers' compensation, product liability, and related lines.
Lead renewals, coverage strategy, and claims oversight and loss trend analysis.
Manage the relationship with insurance carriers, brokers, claims adjusters, counsel, and internal stakeholders.
Anticipate and address increasing product liability exposure associated with high-profile customers and large-scale consumer-facing products.
Manage and facilitate an efficient and effective claims management process across the insurance policy spectrum to include workers compensation, property and product liability claims.
Risk Assessment & Management
Lead quarterly and annual enterprise risk assessments across all business functions.
Identify, evaluate, and prioritize risks using qualitative and quantitative methodologies.
Prepare clear and concise risk reports for executives and Board committees.
Design and monitor property conservation programs and ensure funding is property allocated and deployed in the company's annual plan.
Cross-Functional Partnership
Facilitate risk workshops, scenario planning, and emerging risk discussions with leaders.
Partner with Finance, Legal, Operations, Engineering, Safety, HR, and Compliance teams to align risk mitigation strategies.
Ensure project-level risks appropriately roll up into enterprise risk categories.
Mitigation & Monitoring
Track risk response plans and monitor mitigation progress.
Evaluate control effectiveness and recommend enhancements in partnership with internal teams and external providers.
Support business continuity, crisis management, and resilience initiatives.
Culture & Continuous Improvement
Promote a risk-aware culture through training and communication.
Stay current with best practices, regulatory expectations, and industry trends .
Support the continued professionalization of enterprise risk management as the Company scales and evolves.
REQUIREMENTS:
Education
Required
10+ years of experience in risk, insurance, legal risk, or related fields.
Experience operating in complex, multi-site manufacturing or industrial environments.
Proven ability to build, scale, and manage enterprise risk and insurance programs with an emphasis on property and casualty insurance programs, preferably in manufacturing or industrial environments.
Strong executive communication, relationship management, and cross-functional leadership skills.
Preferred
Private equity company experience.
Exposure to ESG, environmental, or regulatory risk.
M&A and integration risk experience.
Professional certifications such as ARM, CRM, CRISC, CPCU, or similar.
Success Indicators
Clear enterprise risk ownership and mitigation execution.
Improved alignment across Legal, Finance, Operations, and ESG.
Strong credibility with senior leadership and private equity sponsor.
#LI-TM1
Company Benefits
What You'll Get From Us
Benefits
With safety as our top priority and a commitment to employee well-being an important focus, we offer comprehensive and competitive benefits that include medical, dental and vision insurance as well as a variety of other well-being resources focused on mental, physical and financial health. Specific benefits and well-being programs may vary depending on where you work.
Community Engagement
At Novolex, giving back to the local communities that support us is important. Our Focused Giving Program prioritizes support for organizations whose missions promote sustainability initiatives or address food and hunger needs. We also encourage facility level support of activities in the communities where our employees live and work.
Training and Development
We offer constant opportunities for advancement. From skills development to advanced education programs, training and development programs and courses are available through MyLearning. Programs include company and industry training curricula, support for formal education through the Tuition Reimbursement Program (Non-Union), and a Learning Management System that supports and enhances employee skills at all levels of the organization.
Novolex is committed to providing equal employment opportunity in all employment practices, including but not limited to selection, hiring, promotion, transfer, and compensation to all qualified applicants and employees without regard to age, race, color, national origin, sex, pregnancy, sexual orientation, gender identity, religion, handicap or disability, genetics, citizenship status, service member or veteran status, or any other category protected by federal, state, or local law. Any individual who, because of his or her disability, needs an accommodation in connection with an aspect of the Company's application process should contact myHRservices@novolex.com .
Formerly Pactiv Evergreen
Software Powered by ICIMS (
Job LocationsUS
ID2026-34511
CategoryAccounting/Finance
Position TypeFull Time
Pay TypeSalaried
Novolex™ is a family of North American based historic packaging brands that includes Hilex Poly®; Fortune Plastics®; Duro Bag®; Bagcraft® Packaging; De Luxe® Packaging; General Packaging Products; International Converter; Novolex™ Custom Film & Bag (formerly AccuTech®, Direct Plastics® and Hilex Poly® Garland) and Heritage Bag®.
The Novolex™ name is based on the latin “NOVO” for new and “LEX” a tip of the hat to Hilex Poly®, the first brand to become part of the family. The blue and red of our logo represents the integration of both paper and plastic into our sustainability platform with red and blue being the legacy corporate colors of Hilex Poly® and Duro Bag® respectively.
Novolex’s™ values are based in the traditions of all of our brands and present you with the industry’s foremost in packaging choice and sustainability. Novolex’s™ mission is to continue the tradition of leadership established by our brands, and to create new value and synergies by providing you with an industry-leading packaging expert that covers the full spectrum of your operations.
Novolex™ directly employs more than 6,000 people at 43 facilities in the United States as well as 3 in Canada and one in Mexico. From our Hilex Poly® brand North Vernon, IN plastic retail bag manufacturing and bag and film recycling facilities, to our BagCraft® brand food packaging facility in the City of Commerce, CA or our Duro Bag® brand paper bag manufacturing hub in Richwood, KY our team is here to support you with innovative, high quality, and sustainable packaging choices.