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Director Of Risk Management Jobs in Minnesota (NOW HIRING)

Ccfs

Director of Risk & Insurance

Eagan, MN

$125K - $150K/yr

Manage the company's captive insurance program including structure, funding, governance, claims ... Sr. Director of Quality, Risk &Compliance. CorporateRisk Management & Controls * Design and ...

Ccfs

Director of Risk & Insurance

Eagan, MN · On-site

$125K - $150K/yr

Manage the company's captive insurance program including structure, funding, governance, claims ... Sr. Director of Quality, Risk &Compliance. CorporateRisk Management & Controls * Design and ...

Tradition Capital Bank

Risk Management Director

Edina, MN · On-site

$90K - $140K/yr

Tradition is always in the making; join us in celebrating our roots and being a part of what's next. What You Will Be Doing The Risk Management Director is responsible for day-to-day leadership of ...

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See Minnesota salary details

$52.9K

$140.2K

$254.6K

How much do director of risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for director of risk management in Minnesota is $140,237.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,300.00 and $164,100.00 per year, depending on experience, location, and employer.

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

AspectDirector Of Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Bachelor's degree in finance, risk management, or related field
Work EnvironmentStrategic leadership, overseeing risk policies and teamsData analysis, risk assessment, supporting risk management strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in finance, insurance, and corporate sectors

The Director Of Risk Management focuses on strategic oversight and leadership in risk policies, while the Risk Analyst handles data analysis and risk assessment tasks. Both roles are essential in risk management but differ in scope and seniority.

What are the most commonly searched types of Of Risk Management jobs in Minnesota? The most popular types of Of Risk Management jobs in Minnesota are:
What are popular job titles related to Director Of Risk Management jobs in Minnesota? For Director Of Risk Management jobs in Minnesota, the most frequently searched job titles are:
What job categories do people searching Director Of Risk Management jobs in Minnesota look for? The top searched job categories for Director Of Risk Management jobs in Minnesota are:
What cities in Minnesota are hiring for Director Of Risk Management jobs? Cities in Minnesota with the most Director Of Risk Management job openings:
Director Of Risk Management jobs near you
Infographic showing various Director Of Risk Management job openings in Minnesota as of May 2026, with employment types broken down into 95% Full Time, 3% Part Time, and 2% Temporary. Highlights an 84% Physical, 8% Hybrid, and 8% Remote job distribution, with an average salary of $140,237 per year, or $67.4 per hour.
Director of Risk & Insurance

Director of Risk & Insurance

CrossCountry Freight Solutions

Eagan, MN • On-site

$125K - $150K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

CrossCountry Freight Solutions rating

5.8

Company rating: 5.8 out of 10

Based on 7 frontline employees who took The Breakroom Quiz

Job description

Job Title:
Director of Risk & Insurance
Department:
Eagan MN
Job Status:
Exempt
Compensation:
Direct Reports:
Yes
COMPANY OVERVIEW
CrossCountry Freight Solutions (CCFS) is an exceptional company with a mission to achieve universal prosperity with our Customers, Company, Team Members, & Communities. We use the latest technology to provide quality service and on-time delivery to our customers. CCFS provides direct service throughout the Western and Central United States. We look forward to having you Hitch on and Prosper with us!
JOBTITLE: Director of Risk & Insurance
DEPARTMENT: Finance
REPORTS TO: Chief Financial Officer
SALARY: $125,000-$150,000
LOCATION: Onsite
The Director of Risk & Insurance is a senior leadership role responsible for developing and executing CrossCountry Freight Solutions' enterprise insurance strategy, managing corporate risk controls, and overseeing legal loss prevention and mitigation. This role serves as the company's primary subject matter expert on insurance structure, coverage adequacy, captive management, and large or complex claims escalation.
Reporting directly to the CFO, the Director of Risk & Insurance will work collaboratively with HR, Legal, Compliance, Operations, and external brokers and carriers to ensure the company's risk posture is properly structured, adequately insured, and strategically managed. A key objective of this role is the ongoing reduction of the company's Total Cost of Risk (TCOR) through disciplined claims management, strategic insurance placement, loss control initiatives, and enterprise risk mitigation. This role has escalation authority and strategic oversight responsibility for claims with a reserve or exposure at or above the defined threshold established by the CFO, working in coordination with the Sr. Director of Compliance who retains day-to-day claims management responsibility.
ESSENTIAL JOB DUTIES
Insurance Structure, Products & Strategy
  • Develop, maintain, and execute the company's enterprise insurance strategy across all lines of coverage including auto liability, general liability, cargo, workers' compensation, excess/umbrella, and D&O.

  • Manage the company's captive insurance program including structure, funding, governance, claims reserving, and relationship with captive managers and domicile regulators.

  • Lead annual insurance renewal process including coverage analysis, market evaluation, broker negotiations, and executive presentation of recommendations.

  • Evaluate coverage adequacy against the company's risk profile on an ongoing basis; identify gaps or exposures and recommend adjustments.

  • Manage relationships with insurance brokers, carriers, reinsurers, and risk management consultants.

  • Oversee the company's third-party administrator (TPA) relationships and internal claims management structure; ensure appropriate service levels, reporting, and accountability across all TPA partners; provide strategic oversight and escalation management for complex or high-exposure claims in coordination with the Sr. Director of Quality, Risk & Compliance.

Corporate Risk Management & Controls
  • Design and implement the company's enterprise risk management framework, identifying, assessing, and prioritizing operational, financial, regulatory, and reputational risks.

  • Develop and maintain risk registers, escalation protocols, and risk reporting dashboards for executive and board-level review.

  • Partner with Operations, Safety, HR, and Finance to embed risk controls into business processes across the organization.

  • Monitor industry trends, regulatory changes, and loss benchmarks to proactively adjust the company's risk management posture.

  • Conduct periodic risk assessments of new business initiatives, acquisitions, or structural changes including owner-operator program evaluations.

Corporate Legal Loss Prevention & Mitigation
  • Oversee the company's legal loss prevention strategy, working closely with outside counsel and internal stakeholders to minimize litigation exposure.

  • Develop and implement pre-litigation resolution strategies and coordinate defense posture on active matters.

  • Partner with HR and Compliance on high-exposure employment claims, ensuring appropriate legal strategy is engaged early.

  • Maintain awareness of nuclear verdict trends, venue risk, and jurisdictional exposure relevant to LTL trucking operations; advise leadership accordingly.

  • Identify systemic patterns in legal claims and losses and recommend operational or policy changes to reduce recurrence.

Large Loss Escalation & Strategic Claims Oversight
  • Serve as the escalation authority for all claims with a reserve or potential exposure at or above the threshold established by the CFO.

  • Direct strategy and provide decision-making authority on claim file reviews, mediations, and depositions for all matters at or above the escalation threshold; the Sr. Director of Quality, Risk & Compliance retains lead responsibility for day-to-day claims activity and initial file management below the threshold, with a clear handoff to this role upon escalation trigger.

  • Provide strategic direction on coverage positions, settlement authority, and litigation posture for escalated claims.

  • Engage and coordinate with legal counsel on all escalated, high-exposure, or complex matters; direct defense strategy, manage litigation spend, and ensure timely communication of legal developments to the CFO and executive leadership.

  • Establish and maintain a formal escalation protocol in collaboration with the Sr. Director of Compliance defining trigger criteria, notification timelines, and decision rights for large or complex claims.

  • Report to CFO and executive leadership on large loss activity, reserve adequacy, and trends affecting the company's overall loss picture

MINIMUM REQUIREMENTS
  • Bachelor's degree in Risk Management, Finance, Business Administration, or related field required; advanced degree or professional designation (ARM, CPCU, RIMS-CRMP) preferred.

  • Minimum 10 years of progressive experience in insurance, risk management, or a related field; transportation or logistics industry experience strongly preferred.

  • Demonstrated experience managing captive insurance programs required.

  • Experience managing large commercial insurance programs with multi-line coverage structures required.

  • Expert-level knowledge of commercial insurance products, coverage structures, and policy language across auto liability, cargo, workers' compensation, general liability, and excess/umbrella lines.

  • Strong understanding of captive insurance mechanics, including fronting arrangements, reinsurance, loss portfolio transfers, and domicile regulatory requirements.

  • Knowledge of transportation regulatory environment including FMCSA, DOT, and motor carrier insurance filing requirements (MCS-90, BMC-91).

  • Exceptional analytical, negotiation, and communication skills; ability to present complex insurance concepts clearly to non-insurance audiences.

  • Experience working with outside legal counsel on litigation strategy and claim resolution.

  • Proficiency in Microsoft Office Suite; experience with risk management information systems (RMIS) preferred.

BENEFITS
  • Local, Home Daily
  • Medical, Dental, Vision, and Life Insurance
  • PTO, Paid Holidays, Volunteer Time Off, Wellness Time Off
  • 401k Retirement Plan
  • Biweekly Pay

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