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Executive Workers Compensation Risk Management Jobs in Illinois

... and Workers' Compensation. * Oversee claims management , ensuring effective resolution and cost ... Exposure to executive leadership and multiple business platforms * Opportunity to shape and grow a ...

Support M&A due diligence, insurance modeling, and post-acquisition integration Claims & Total Cost of Risk Management * Provide executive-level oversight of workers' compensation, auto, general ...

The practice is dedicated to handling workers' compensation matters before the Illinois Workers ... Attorneys work closely with paralegals and support staff to manage claims efficiently while ...

You'll manage a caseload of Illinois Workers' Compensation Commission (IWCC) matters from intake through resolution, advocating for injured workers and helping them secure the medical care and ...

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Executive Workers Compensation Risk Management information

What is an executive workers compensation risk manager?

Executive Workers Compensation Risk Managers are professionals responsible for overseeing and mitigating risks associated with workers' compensation within an organization. They develop and implement policies to reduce workplace injuries, manage claims, and ensure compliance with laws and regulations. These executives often work with insurance providers, legal teams, and internal stakeholders to control costs and improve workplace safety. Their role is crucial in protecting both employees and the organization from financial and legal risks.

What are the key skills and qualifications needed to thrive as an executive in workers compensation risk management?

To thrive as an Executive in Workers Compensation Risk Management, you need in-depth knowledge of insurance regulations, claims management, and risk assessment, typically backed by a bachelor's degree in business, risk management, or a related field. Familiarity with risk management information systems (RMIS), claims processing software, and industry certifications such as ARM (Associate in Risk Management) or CPCU are often required. Strong leadership, analytical thinking, and effective communication are essential soft skills to lead teams and influence decision-making. These competencies are crucial for minimizing organizational liabilities, ensuring regulatory compliance, and optimizing cost-effective claims outcomes.

What are the most common challenges faced by executive workers compensation risk managers, and how can they be addressed?

Executive Workers Compensation Risk Managers often encounter challenges such as navigating complex regulatory requirements across multiple jurisdictions, managing high-cost claims, and implementing effective injury prevention programs. To address these, staying updated on changing legislation, leveraging data analytics to identify risk trends, and fostering a culture of safety through employee training are essential. Collaboration with cross-functional teams—including HR, legal, and operations—also helps ensure comprehensive risk mitigation and rapid response to workplace incidents.

What is the difference between Executive Workers Compensation Risk Management vs Workers Compensation Claims Adjuster?

AspectExecutive Workers Compensation Risk ManagementWorkers Compensation Claims Adjuster
CredentialsRisk management certifications, industry experienceClaims handling certifications, insurance knowledge
Work EnvironmentCorporate offices, risk management departmentsInsurance companies, claims offices, on-site visits
Employer & Industry UsageLarge corporations, risk management firmsInsurance carriers, third-party administrators

Executive Workers Compensation Risk Management focuses on developing strategies to minimize workplace injuries and manage overall risk, often working with senior management. In contrast, Workers Compensation Claims Adjusters handle individual injury claims, assess damages, and process benefits. Both roles require industry-specific knowledge but differ in scope and responsibilities, with risk managers focusing on prevention and claims adjusters on claims resolution.

What are the most commonly searched types of Workers Compensation Risk Management jobs in Illinois?

The most popular types of Workers Compensation Risk Management jobs in Illinois are:

What are popular job titles related to Executive Workers Compensation Risk Management jobs in Illinois?

For Executive Workers Compensation Risk Management jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Executive Workers Compensation Risk Management jobs in Illinois look for?

The top searched job categories for Executive Workers Compensation Risk Management jobs in Illinois are:

What cities in Illinois are hiring for Executive Workers Compensation Risk Management jobs?

Cities in Illinois with the most Executive Workers Compensation Risk Management job openings:

Martin & Bayley, Inc., Director of Risk Management

Hucks

Carmi, IL • On-site

Other

Medical, Dental, Vision, Life, Retirement, PTO

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


Huck's rating

5.1

Company rating: 5.1 out of 10

Based on 32 frontline employees who took The Breakroom Quiz

29th of 47 rated convenience stores


Job description

Director of Risk Management

This is so much more than just a job! Come join a company where you have an opportunity to be an owner. We are a 100% Employee-Owned Company. It takes a special person to be an Associate with Huck's. Our standards for customer service and store cleanliness are extremely high. All our Associates are expected to give our customers fast, friendly service at all times. Our golden rule: "The customer is the most important person in all our stores."

The Director of Risk Management is responsible for overseeing and managing the company's enterprise risk, insurance programs, and claims administration across all operations. This role will provide strategic leadership in developing and implementing risk mitigation strategies while ensuring compliance with regulatory requirements. The Director will supervise risk-related functions, including workers' compensation, general liability, employee-related claims, and safety programs, ensuring consistent application of policies and standards. Additionally, this individual will collaborate with cross-functional teams to reduce exposures, manage audits, and enhance overall risk performance, with a focus on protecting company assets, reducing costs, and supporting operational excellence.

Leadership and Strategy:
  • Lead, mentor, and supervise staff involved in risk, claims, and safety management.
  • Develop and implement enterprise risk management policies, procedures, and initiatives, ensuring alignment with company objectives.
  • Serve as the primary liaison with insurance brokers, carriers, legal counsel, and regulators.
  • Provide executive leadership with strategic insights into risk exposures, claims trends, and mitigation opportunities.
Risk and Claims Management:
  • Oversee all corporate insurance programs, including Workers' Compensation, General Liability, EPLI, Auto, Property, and Cyber.
  • Manage litigation, including high-dollar or complex cases, ensuring timely and cost-effective resolution.
  • Direct the handling of active claims and investigations, including harassment, wrongful termination, EEOC, and other employment-related claims.
  • Ensure accurate reporting of GL/WC accruals, reserves, and claim status to Finance and HR leadership.
Compliance and Audits:
  • Coordinate and oversee audits, including EEOC, OSHA, Department of Labor, and Workers' Comp audits.
  • Maintain accurate reporting for regulatory agencies, including labor bureau statistics and insurance census.
  • Ensure compliance with state and federal employment laws, risk regulations, and insurance requirements.
Safety and Loss Prevention:
  • Lead safety initiatives across the company, ensuring inspections and corrective actions are performed consistently.
  • Partner with Operations and HR to address workplace safety needs and outcomes.
  • Develop emergency preparedness and business continuity plans, including storm, fire, and workplace response procedures.
Training and Development:
  • Provide training to managers and associates on safety, claims reporting, and risk prevention practices.
  • Foster a culture of accountability and awareness regarding workplace safety and compliance.
  • Keep leadership informed of changes in laws, regulations, and industry best practices impacting risk management.
Financial Oversight:
  • Monitor and analyze financial performance related to claims costs and insurance premiums.
  • Negotiate insurance renewals, settlements, and vendor agreements to ensure cost effectiveness.
  • Identify areas for cost reduction while maintaining appropriate coverage and compliance.
Communication and Collaboration:
  • Act as the key point of contact between corporate leadership, insurance partners, and external counsel.
  • Collaborate with HR, Payroll, Benefits, and Operations on high-risk associate matters.
  • Provide regular reporting and recommendations to the executive team regarding exposure and trends.
Qualifications:
  • Bachelor's degree in Risk Management, Business Administration, Finance, or related field. Master's degree preferred.
  • 10+ years of experience in risk management, insurance, or compliance, with at least 3 years in a leadership role.
  • Proven experience managing insurance programs and complex claims in a multi-unit retail or service environment.
  • Strong understanding of employment law, workers' compensation, liability, and regulatory compliance.
  • Excellent negotiation, leadership, and communication skills.
  • Financial acumen with experience in claims reserves, accruals, and insurance cost management.
Key Competencies:
  • Results-driven, with a focus on reducing exposures and protecting company assets.
  • Strong analytical and problem-solving skills, with ability to make data-driven decisions.
  • Ability to lead teams and collaborate across multiple departments.
  • Deep knowledge of insurance, compliance, and safety best practices.
Benefits:
  • Competitive salary commensurate with experience.
  • Comprehensive benefits package including health, dental, vision, and life insurances, ESOP, 401K with match, paid time off, and paid holidays.
  • Opportunities for career advancement and professional development within a growing company.
  • Employee discounts for food and fuel.

The Requirements, Duties, and Responsibilities list is incomplete but is merely the most accurate list for the current job. Management reserves the right to revise the job description and to require that other tasks be performed when the circumstances of the job change (for example, emergencies, changes in personnel, workload, or technical development).

Huck's is an equal opportunity employer. At Huck's we are committed to treating all Applicants and Team Members fairly based on their abilities, achievements, and experience without regard to race, national origin, sex, age, disability, veteran status, sexual orientation, gender identity or any other classifications protected by law.


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