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Director Of Risk Control Jobs in Virginia (NOW HIRING)

Completes other projects and tasks as assigned by the Director of Risk Management and Insurance Operations. Competencies: * Demonstrates critical thinking and problem-solving skills. * Breaks down ...

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Director Of Risk Control information

What are the key skills and qualifications needed to thrive as a Director Of Risk Control, and why are they important?

To thrive as a Director Of Risk Control, you need strong expertise in risk management, regulatory compliance, and business operations, often supported by a relevant degree and certifications such as CRM or CPCU. Familiarity with risk assessment software, data analysis tools, and enterprise risk management systems is typically required. Leadership, strategic thinking, and excellent communication skills set outstanding professionals apart in this role. These competencies are critical for effectively identifying, mitigating, and communicating risks to protect organizational assets and ensure regulatory compliance.

What does a director of risk control do?

A director of risk control oversees strategies to identify, assess, and mitigate risks that could impact an organization’s operations or financial stability. They develop safety protocols, implement loss prevention measures, and ensure compliance with regulations, often using data analysis and risk management tools. This role typically requires strong leadership, industry knowledge, and relevant certifications such as CRM or ARM.

What is the difference between Director Of Risk Control vs Risk Analyst?

AspectDirector Of Risk ControlRisk Analyst
CredentialsBachelor's degree, often advanced certifications (e.g., ARM, CPCU)Bachelor's degree, often certifications like CRM or FRM
Work EnvironmentStrategic planning, leadership, cross-department collaborationData analysis, risk assessment, report preparation
Employer & IndustryInsurance, finance, large corporationsInsurance, finance, consulting firms
Search & Comparison IntentUnderstanding leadership roles in risk managementAnalyzing risk data and assessments

The main difference is that the Director Of Risk Control oversees risk management strategies and leads teams, while a Risk Analyst focuses on analyzing data to identify and assess risks. The director has broader responsibilities and strategic oversight, whereas the analyst is more involved in data-driven risk evaluation.

What are the 3 C's of risk management?

The 3 C's of risk management are typically Control, Communication, and Cooperation. Control involves implementing measures to reduce or eliminate risks, Communication ensures all stakeholders are informed about risks and mitigation strategies, and Cooperation emphasizes collaboration among teams to effectively manage risks. As a Director of Risk Control, understanding these principles helps in developing comprehensive risk mitigation plans and fostering a proactive safety culture.

What is the highest paying risk management job?

The highest paying risk management roles are often executive-level positions such as Chief Risk Officer (CRO) or Vice President of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, strategic oversight, and often certifications like FRM or CRM, and they typically involve overseeing enterprise-wide risk strategies in large organizations.

How does a Director of Risk Control typically collaborate with other departments to implement effective risk management strategies?

A Director of Risk Control works closely with departments such as operations, legal, compliance, and finance to identify, assess, and mitigate risks across the organization. This role often involves leading cross-functional meetings, developing training programs, and ensuring that risk control policies are integrated into daily business processes. Effective collaboration requires strong communication skills, as the Director must translate complex risk concepts into actionable steps for various teams. Regular reporting and feedback loops help ensure that risk management strategies remain aligned with organizational goals and regulatory requirements.

How much does a risk director make in the US?

A Risk Director in the US typically earns between $120,000 and $180,000 annually, with salaries varying based on experience, industry, and location. Senior risk management roles may include bonuses and benefits, and strong analytical and leadership skills are often required.
What are popular job titles related to Director Of Risk Control jobs in Virginia? For Director Of Risk Control jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Director Of Risk Control jobs in Virginia look for? The top searched job categories for Director Of Risk Control jobs in Virginia are:
What cities in Virginia are hiring for Director Of Risk Control jobs? Cities in Virginia with the most Director Of Risk Control job openings:

Risk Manager - Petersburg

Live! Casino & Hotel Virginia

Petersburg, VA • On-site

$73K - $100K/yr

Full-time

Medical, Retirement

Re-posted 11 days ago


Job description

Overview
Why We Need Your Talents:
With our rapid projected expansion, the Live! Casino & Hotel Brand is searching for the right talent to grow with the organization and help drive our future success.
Plans, directs, and coordinates risk control, safety, and insurance programs of organization to control risks and losses of Live! Casino and Hotel.
Responsibilities
Where You'll Make an Impact:
  • Manages all insurance programs such as liability, property, and workers compensation.
  • Responsible for hiring, training, and performance management of the Risk Management team.
  • Analyzes and classifies risks as to frequency and potential severity, and measures financial impact of risk on company.
  • Selects appropriate techniques and implements programs and policies to minimize loss, such as avoidance, loss prevention and reduction, retention, grouping of exposure units, and transfer.
  • Directs insurance negotiations, selects insurance brokers and carriers, and places insurance. Prepares operational and risk reports for management analysis. Directs loss prevention and safety programs.
  • Assists with policy renewals, claims, issuance of certificates, budget planning, and risk minimization programs.
  • Directs activities of safety, engineering, and loss prevention experts.
  • Ability to extend complimentaries in accordance with the property comp matrix.
  • Performs all other duties as assigned.

Skills to Help You Succeed:
  • Ability to analyze and interpret departmental needs and results.
  • Ability to solve complex problems.
  • Ability to perform assigned duties under frequent time pressures.
  • Ability to maintain mental concentration for significant periods of time.
  • Broad variety of tasks and deadlines requires an irregular work schedule.
  • Ability to perform assigned duties in an interruptive environment.
  • Knowledge of gaming regulations, internal controls, and gaming devices.
  • Ability to work nights, holidays, and weekends.
  • Must be able to work in an open dialogue environment with a competitive spirit.
  • Ability to quickly analyze problems and present solutions in a clear and concise manner.
  • The ability to multi-task projects. Ability to work extended hours across all shifts in a 24/7 work environment.

Qualifications
Must-Haves:
  • Bachelor's degree in Risk Management, Business Administration, Economics, or a related field is required.
  • A master's degree in Business or Public Administration preferred.
  • Minimum of five (5) years of experience in risk management; implementing and managing the programs.
  • Minimum of three (3) years supervisory experience required
  • You will be exposed to an alcohol and smoking environment and must be able to work in such environment.
  • Must have the ability to secure and maintain licensure as required by Virginia Gaming Control Board or any other applicable regulatory entity as may be required to perform assigned duties, or as required by Live's operating standards.

What We Offer
Perks We Offer You
  • Generous Bonus Structure
  • Comprehensive Health Coverage
  • Retirement Savings with Company Match
  • Leadership Skills Development & Mentorship Programs
  • Tuition Reimbursement
  • Exclusive Discounts on Travel, Services, Goods and Entertainment

Life at Live!
Individuals that are chosen to be part of the Live! Management Team can expect:
  • To support and build a strong team, while valuing and celebrating our diversity
  • To be given the power and responsibility to prioritize service to our guests and community.
  • To be given the tools, resources, and opportunity to grow in their career.
  • To be part of an exciting experience unlike any other in the Industry.
  • To work hard and have fun.

Live! is a 24-hour, 7 days per week high energy casino environment which includes exposure to alcohol and smoking