Director Operational Risk Jobs in Sterling, VA (NOW HIRING)

Title:

We are KBR

When you become part of our KBR team, your opportunities are endless. Through internal collaboration, and with our partners and customers, we're defining tomorrow's challenges, then providing the innovative solutions to overcome those challenges, always maintaining our commitment to Zero Harm and our Sustainability Platform.

In September 2025, we announced that we are spinning our Mission Technology Solutions business into a separate public company. This role would ultimately be part of that new company. Our Mission Technology Solutions business partners with governments and defense, intelligence, space, aviation, and critical infrastructure customers to deliver high-end engineering, science, technology, and mission support solutions. From national security and readiness to advanced research, cyber, logistics, and life-cycle sustainment, our teams help customers solve complex challenges in some of the world's most demanding environments. Whether supporting operations on the ground, at sea, in the air, or in space, our clients trust us to deliver mission-critical capabilities every day.

Working with us means being rewarded for your contributions. In addition to competitive benefits and professional development, our people are empowered to use all their potential, creating meaningful change for themselves and our clients. We attract the best minds in the world because our expertise thrives on creativity, resourcefulness and collaboration. That is how we supply our clients with cutting-edge solutions.

As the needs of the world change, we're ready to respond and guide the way forward with strategic, sustainable, and technological advancements grounded in more than a century of practical application and execution.

We are Finance

We are strategic partners to the business, providing financial leadership and insight that drives disciplined growth and long-term value creation. We operate across global markets, navigating complex regulatory environments and partnering cross-functionally to deliver practical, data-driven solutions. Our agility, commercial acumen, and commitment to operational excellence enable us to support the business at every stage of its evolution.

About the Role

The Director, Risk Management provides strategic leadership for KBR's global insurance and risk management programs, helping protect enterprise value, reduce financial volatility, and strengthen the company's overall risk posture. This role is responsible for the governance, execution, and continuous enhancement of KBR's risk management framework, including insurance procurement, claims management, captive insurance operations, and insured claims handling.

As a highly visible leader, the Director partners with executive leadership, business divisions, brokers, underwriters, clients, regulatory agencies, and legal counsel to drive risk-related decisions across the organization. The role leads multi-region initiatives, develops high-performing teams, advances operational excellence and automation, and serves as a key advisor to the Treasurer on strategic priorities, including mergers and acquisitions.

Key Responsibilities

• Insurance Program Leadership: Provide strategic direction for KBR's global insurance portfolio, leading program design, renewals, modifications, placement strategies, and risk financing decisions while presenting recommendations to executive leadership.
• External Partnerships: Serve as KBR's senior relationship leader with insurance carriers, brokers, underwriters, and claims partners to optimize program structure, improve outcomes, and strengthen market positioning.
• Captive Insurance Management: Direct the strategic management and governance of the captive insurance company, including regulatory compliance, financial performance, claims oversight, and reporting to senior leadership.
• Claims Oversight: Provide executive oversight of insured claims management, including complex and litigated matters, partnering with legal counsel, insurance carriers, and third-party administrators to mitigate financial exposure and drive favorable outcomes.
• Contract Risk Review: Evaluate and advise on risk-related contractual provisions, including insurance, indemnification, and risk of loss terms.
• Specialty Insurance Placement: Lead placement strategy and oversight for project-specific, country-specific, and specialty insurance programs supporting KBR's global operations.
• Regulatory & Audit Support: Ensure timely, accurate, and effective responses to regulatory, audit, and government agency requests while maintaining compliance with corporate and statutory requirements.
• Policy & Process Improvement: Establish and champion risk management policies, governance standards, and operational processes that align with industry best practices and enterprise objectives.
• Program Enhancement: Identify and implement innovative risk financing solutions, technologies, and services that strengthen KBR's overall risk management framework.
• Market Intelligence: Monitor insurance market trends, emerging risks, regulatory developments, and claims patterns to proactively influence risk management strategy.
• Team Leadership & Development: Build, lead, and develop high-performing teams through coaching, mentoring, succession planning, and talent development while fostering a culture of accountability, collaboration, and continuous improvement.
• Planning & Prioritization: Direct departmental strategy, budgeting, workforce planning, and resource allocation to achieve organizational objectives and optimize risk management investments.
• Strategic Support: Act as a strategic advisor to the Treasurer and executive leadership team on enterprise risk matters, mergers and acquisitions, and other corporate initiatives.
• Enterprise Leadership & Governance: Represent the Risk Management function in executive-level discussions, providing strategic guidance on risk exposure, risk financing, and enterprise-wide risk mitigation initiatives.

Basic Qualifications

Education & Experience:

• Bachelor's degree in Finance, Business, Insurance/Risk Management, or a related field required.
• 12+ years of progressive experience in corporate risk management and insurance leadership within multinational organizations.
• Demonstrated experience leading a corporate risk management function and influencing executive-level decision making.
• Advanced degree or professional certifications (MBA, JD, ARM, CRIS, CPCU, CRM) preferred.
• Experience in risk management supporting U.S. Government contracting environments.

Risk Management & Leadership Expertise:

• Deep subject matter expertise in corporate insurance programs, claims management, and risk mitigation strategies.
• Proven track record leading enterprise-wide risk management initiatives and influencing senior executives across complex, global organizations.
• Strong communication skills, with the ability to clearly present trends, risks, and recommendations to executive leadership.
• Demonstrated ability to collaborate across organizational boundaries and build effective partnerships.
• Experience building, coaching, and mentoring high-performing teams and cross-functional partnerships.
• Highly organized and detail-oriented, with the ability to manage multiple priorities in a fast-paced environment.
• Experience leading, coaching, and developing teams to drive performance and engagement.
• Proficiency with Microsoft Office Suite (Excel, Word, PowerPoint), as well as collaboration and document tools (Teams, SharePoint, Adobe/PDF) and enterprise systems such as Costpoint.

Additional Compensation: KBR may offer bonuses, commissions, or other forms of compensation to certain job titles or levels, per internal policy or contractual designation. Additional compensation may be in the form of sign on bonus, relocation benefits, short term incentives, long term incentives, or discretionary payments for exceptional performance.

Benefits: KBR offers a selection of competitive lifestyle benefits which could include a 401K plan with company match, medical, dental, vision, life insurance, AD&D, flexible spending account, disability, paid time off, or flexible work schedule. We support career advancement through professional training and development.

Belong, Connect and Grow at KBR
At KBR, we are passionate about our people and our Zero Harm culture. These inform all that we do and are at the heart of our commitment to, and ongoing journey toward being a People First company. That commitment is central to our team of team's philosophy and fosters an environment where everyone can Belong, Connect and Grow. We Deliver - Together.

KBR is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, disability, sex, sexual orientation, gender identity or expression, age, national origin, veteran status, genetic information, union status and/or beliefs, or any other characteristic protected by federal, state, or local law.