Senior Financial Risk Management Jobs in Massachusetts

The National Fire Protection Association’s mission is to help save lives and reduce loss with information, knowledge, and passion. An international nonprofit established in 1896, we are dedicated to the elimination of death, injury, property, and economic loss due to fire, electrical, and related hazards. The Association delivers information and knowledge through more than 300 consensus codes and standards, research, training, education, outreach, and advocacy; and by partnering with others who share an interest in furthering the NFPA mission.

To better meet the needs of those who rely on our information and knowledge to keep people and property safe, we are amidst a transformation to expand our influence and further our safety mission. We are becoming increasingly digital and global to grow, thrive, and save more lives from fire, electrical, and other hazards. To accomplish this, we need effective leaders at all levels of the Association who understand what we are striving for, why it is important, and how to execute our vision and who passionately want to see NFPA through this important stage. It is an exciting and empowering time to work at NFPA.

NFPA is looking to add a Senior Risk Manager to the Legal team!

Reporting directly to the Vice President & General Counsel, the Senior Risk Manager has overall responsibility for enterprise -wide risk management and insurance programs. The Risk Manager works closely with senior leadership to develop a sustainable framework, tools, practices, and policies necessary to identify, analyze, manage, monitor, and report on key risk management issues. The Risk Manager is responsible for implementing cost-effective strategies to mitigate exposure and efficiently protect the enterprise’s assets and integrity. This position involves significant discretion and involvement with internal and external stakeholders to advance institutional practices, promote compliance, and support NFPA’s mission.

Risk Management

• Establish and monitor risk identification, assessment, and reporting across the NFPA enterprise to ensure full engagement of NFPA’s risk strategies, report key risks, and support the development of risk treatments in collaboration with risk owners and stakeholders.
• Provide oversight in the development and implementation of NFPA risk management policies and procedures designed to mitigate risk and support claim management, loss prevention and control, the transfer of risk, and monitor effectiveness of safety and compliance programs.
• In conjunction with Senior Leadership anticipate and actively manage operational, financial, and compliance risks; help ensure the integrity of NFPA’s internal controls; and help ensure strong stewardship and accountability at all levels.
• Facilitates the integration of risk management policy and strategy into all business activities across NFPA, including encouraging and elevating the consideration of risk management in key financial and operational decisions.

Insurance

• Administers NFPA’s property and casualty (P&C) and liability insurance programs including broker selection and management, insurance purchase, implementation of alternative risk finance methods including self-insurance, management of annual renewals, and projecting NFPA’s annual insurance expenses, premium allocations and related reserve account funding.
• Leads analysis of NFPA’s liability insurance program structure and coverage limits. Serve as primary contact between carriers and broker, vendors, and management on all matters of property and casualty insurance. Coordinate and monitors insurance, claims and loss control services from insurance carriers and broker.
• Reviews property and casualty liability risk exposures relative to existing insurance and coverages available. Recommends changes where appropriate.
• Facilitate annual renewal application for P& C and liability insurance. Reviews broker proposals for insurance renewals.
• Creates guidelines that address minimum insurance requirements for vendor contracts. Establishes contractual risk transfer guidelines. Reviews major contracts for risk language and negotiates changes as needed.

Board of Directors Support

• In collaboration with the Vice President & General Counsel, provide support to the Board of Directors, including the Audit Committee of the NFPA Board.
• Coordinate the periodic review of, and recommend modifications to, board-approved business and risk related policies.
• Prepare and present materials to the Board of Directors, and at the direction of the Vice President & General Counsel, effectively communicate and present critical risk management matters.

MINIMUM QUALIFICATIONS:

The successful candidate will have:

• Bachelor's degree in business or related field from an accredited institution.
• Seven (7) years’ experience in a complex organization.
• Effective written and public speaking skills with the ability to regularly interact with diverse audiences at all levels of responsibility and authority.
• Demonstrated success with facilitating and coordinating partnerships among diverse groups.
• Previous success leading teams and making decisions by fostering collaboration, gathering stakeholder input, and building consensus to include and persuade people who are not in a direct line of control.
• Excellent relationship management skills with the ability to collaborate effectively with key stakeholders.
• Understand the alignment between effective risk treatment and the successful execution of organizational priorities.

DESIRED QUALIFICATIONS:

• Master's degree in business or related field from an accredited institution.
• Ten (10) years demonstrated leadership/supervisory experience in risk management, compliance, or audit.
• Demonstrated successful management of organizational change
• Working knowledge of principles, practices, and procedures of risk management.
• Enterprise Risk Management experience.
• Recognized professional risk management certification (i.e., ARM, CRM) or other professional certifications appropriate to the portfolio of this position.

CORE COMPETENCIES:

• Oversees the identification and prioritization of pertinent risks affecting the Organization to determine the most effective methodology for insulating NFPA from risk of loss and enhancing NFPA’s ability to carry out its mission
• A record of integrity, honesty, and trustworthiness
• Skill in managing, monitoring, and measuring work performance and progress towards goals.
• Skill as a strong listener and ability to communicate effectively in a manner that helps drive consensus and enhance risk awareness.
• A flexible and agile professional who exercises sound judgement.
• Proven business and planning acumen.
• Analytical with a results-orientation.
• Responsible and accountable professional with strong skill in project management supported by strong attention to detail and the ability to synthesize complex data for a variety of audiences.
• Demonstrated collaborative approach to work with creative problem-solving skill.

National Fire Protection Association provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetic information, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

Salary ranges at NFPA are set by role and level, based on current competitive market data. Final compensation is determined by a combination of factors, including the specific skills, relevant experience, education, and training you bring to the role, as well as internal equity and business needs. For candidates whose qualifications align well with the role’s requirements and expectations, offers are often made toward the minimum of the posted range. Exceptional qualifications or unique circumstances may result in placement higher in the range. NFPA is committed to fair, competitive pay and offers a strong total rewards package, including comprehensive benefits. Salary Range: $118,478.00 -$201,445.00