Share this Job

Director, Risk Management and Claims

Date: Jul 13, 2019

Location: High Point, NC, US, 27265

Company: XPO Logistics

Logistics done differently.

Ranked as the #1 North American logistics company according to Transport Topics, XPO Logistics is among the most admired companies in the world according to Fortune Magazine. As the Director of Supply Chain Risk Management and Claims, you will be responsible for the Professional Liability Insurance (PLI) Program. You'll provide technical expertise to the Claims Analyst, while interacting with the Accounting team and group leaders on claims developments and statistics. You'll also assist with the evaluation and integration of acquisitions, and keep senior leaders updated on PLI trends. You’ve built an impressive career already and now you’re ready for the next challenge. Become a part of our fast-growing dynamic team, and we'll help you build your career to a level that will exceed your expectations.

 

Pay, benefits and more.

We are eager to attract the best, so we offer competitive compensation and a generous benefits package, including full health insurance (medical, dental and vision), 401(k), life insurance, disability and more.

 

What you’ll do on a typical day:

  • Lead the design and deployment of a companywide Third-Party Risk Governance and Assessment program; assist in the identification, classification, measurement and monitoring of third-party risks
  • Develop and maintain a Model Risk Management program for the company; perform and/or coordinate additional modeling and analysis around key risks
  • Manage the ongoing third-party risk program, including an integrated approach for assessing and mitigating the risk of new and existing third-party suppliers; seek ways to improve the governance model to provide ongoing monitoring and oversight of the risks posed by third-parties
  • Monitor and update the third-party risk assessment framework to respond and adhere to new and existing regulatory guidelines and initiatives; oversee third-party risk segmentation; deploy and maintain up-to-date annual attestations by relationship owners
  • Ensure the highest priority risk topics have the strongest controls, diligence and comprehensive risk reporting; develop reports regarding third-party risks; provide monthly and quarterly reports on claims activity
  • Develop a Community of Practice (CoP) that is cross-functional for third-party and fourth-party risk
  • Partner with the sourcing team, ERM/ORM, business units and other assurance functions in the second and third line of defense to identify third-party risks and escalate those risks appropriately
  • Actively engage and participate in working groups to find ways to mitigate identified risks among stakeholders, including Technology, Vendor Management, Procurement, Compliance and Legal departments
  • Oversee Claims Analyst activity/coding; handle and authorize claims reserves and settlement requests
  • Interact with various insurance carriers to address claim or coverage issues; meet with panel firms and/or host meetings with attorneys to review claims; assist with settlement of large exposure claims
  • Verify daily transactions and confirm compliance with settlement and reserving guidelines; oversee the claims database and keep it updated with new contracts, claims, insurance policies and users
  • Support the operation groups with claims-related issues, risk management activities and insurance matters

What you need to succeed at XPO:  

At a minimum, you’ll need:

  • Bachelor's degree in Business, Health Care, Risk Management or equivalent insurance work experience
  • 5 years of experience in operational risk management
  • 12 years of professional liability claims experience with at least 3 years at a supervisory level
  • Advanced knowledge of insurance coverage, concepts and the claim resolution process
  • Extraordinary negotiation skills
  • Intermediate proficiency with personal computers and Microsoft Office

It’d be great if you also have:

  • 10 years of related experience within insurance, banking or asset management
  • Proven leadership, mentoring and interpersonal skills
  • Excellent written and verbal communication skills; solid organizational skills

Be part of something big.

 

XPO is a leading provider of cutting-edge supply chain solutions to the most successful companies in the world. We help our customers manage their goods most efficiently using our technology and services. Our greatest strength is our global team – energetic, innovative people of all experience levels and talents who make XPO a great place to work.

 

We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran or other protected status.

 

The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed.


Nearest Major Market: Greensboro