Director, Insurance Risk Management - PVH Corp.
|Required Experience:||0 year(s)|
|Salary Range:||Not available|
Posted 4 hours ago
The Director of Insurance will work in conjunction with the Vice President of Risk Management and will help plan, organize and evaluate all of PVHs Commercial insurance.
Manage the daily commercial insurance operations including, but not limited to:
Preparing insurance applications and obtaining timely and accurate data;
Managing all renewal processes, including marketing coverage on a regular basis, managing insurance limits, retentions and premium;
Reviewing all endorsements, enhancements, terms and conditions at renewal;
Reviewing and processing insurance invoices, including internal and international in-country allocations;
Reviewing reservation of rights letters with Claims manager;
Reviewing and advising on companys current cost allocation program and recommending improvements, where needed;
Assisting in loss prevention for all coverage lines with the claims manager;
Managing all brokers, U.S. and international;
Overseeing vendors, service providers and managing performance requirements in broker agreements;
Investigating new insurance products and identifying any coverage gaps;
Recommending and ensure implementation of and adherence to approved Dept. and organizational goals, objectives and budget. Report operations performance and any corrective action/loss prevention to VP;
Creating and managing Risk Management department goals, objectives, policies and procedures with VP of Risk;
Assisting VP of Risk with planning, budgeting and variance processes, when needed;
Building and maintain productive and comprehensive relationships with others in the organization, including but not limited to real estate, retail operations, legal, intellectual property, HR, etc.;
Managing departmental projects with VP of risk and others on team;
Assisting in managing the Corporate Travel risk policies and procedures;
Bachelors degree in business, law or insurance, required. JD or MBA preferred;
Minimum level: 5- 10 years of insurance experience; understanding of commercial policies, insurance, and coverage
Maintains current knowledge of insurance industry trends, programs and developments.
Working knowledge of MS PC applications including Excel, Word, PowerPoint, required.
Working knowledge of actuarial reports and international risk issues