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Risk Manager

Company: transdevna
Location: Lombard
Posted on: May 27, 2023

Job Description:


About Transdev: Cities, counties, airports, companies, and universities across the U.S. contract with Transdev to operate their transportation systems, maintain their vehicle and fleets, and deliver on mobility solutions. Transdev U.S. employs a team of 32,000 across 400 locations while maintaining more than 17,000 vehicles.

Part of a global company, Transdev is a leader in mobility with operations in 19 countries, proudly operated by 110,000 team members from around the world. As an operator and global integrator of mobility, we are driven by our purpose. Transdev - the mobility company - empowers the freedom to move every day thank to safe, reliable, and innovative solutions that serve the common good. Find out more at www.TransdevNA.com or watch an overview video at

About the Role:Transdev U.S. has an exciting opportunity for an accomplished leader to join our team as Risk Manager, reporting to the VP of Corporate Finance.Responsibilities:

The Risk Manager serves as an internal expert for the company's North American operations. The Risk Manager provides counsel, advice, and reporting on a broad spectrum of risk-related issues (e.g., risk identification and mitigation strategies, insurance and non-insurance risks transfer strategies, loss funding and accrual requirements, and claims management activities). Risk identification may include operational, strategic, financial, property and hazard risks, the scope of risk mitigation and transfer responsibilities are primarily centered on property, casualty, and surety insurance programs (e.g., Workers' Compensation, Auto Liability, General Liability, Cyber, Pollution Liability, Directors' & Officers', Fiduciary Liability, Crime, Property, Surety Bonds and Letters of Credit).

The Risk Manager focuses primarily on domestic insurance programs, however, they also coordinate efforts with Transdev's Corporate Risk Management function in Paris as it relates to the placement and oversight of global insurance programs (e.g., Excess Liability and Airport/Aircraft, Property and Terrorism, etc.).

The Risk Manager proactively ensures a balanced approach to managing uncertainty and risk in the delivery of strategic objectives and commercial outcomes and is responsible for the following:

  • Working with VP Finance and insurance broker for the placement of domestic North American insurance policies, surety bonds, and supporting administrative services (e.g., insurance brokers, third-party claims administrators, actuaries, and risk management information systems)
  • Working with legal and business development in contract reviews and negotiations of insurance and indemnity provisions in leases and commercial contracts and request for proposals to minimize the company's exposure to risk.
  • Working with legal and business development in contract reviews and negotiations of insurance and indemnity provisions in leases and commercial contracts and request for proposals to minimize the company's exposure to risk.
  • Directing the effective and timely management of insurance certificates, both outgoing issued on behalf of the company for its various stakeholders, and incoming from business partners (e.g., clients, contractors, and vendors).
  • Compiling and review loss exposure datas which result from corporate operations, assets, and personnel.
  • Advising Senior Management of strategies to reduce risks and their related costs.
  • Actively participating with Legal, Business Development and Procurement on evolving insurance and indemnification provisions dealing directly clients.
  • Developing and maintaining relationships with internal stakeholders, carriers, vendors, and other key members of the risk management industry.
  • Directing surety bond program to ensure timely contract processing, optimal bond pricing, minimal collateral requirements, and maintain favorable surety market relations.
  • Designing, directing and negotiating agreements with third-party claims management administrator and other risk related business partners/vendors (i.e brokers, underwriters, etc.) for management of insured risk, including but not limited to general liability, workers compensation and auto liability in various jurisdictions.
  • Continually evaluating performance of claim administrators/TPAs and review costs associated with all claims handling.
  • Working with broker to design and communicate program structure, procurement and financial processes of all insured programs working with internal and external parties to secure proper insurance coverage to include providing professional submissions to potential insurers to portray the company in a favorable light with underwriters.
  • Evaluating insurance policies and respective coverage for accuracy and confirm adequacy of satisfying requirements of contract
  • Negotiating changes and/or corrections with insurers leveraging broker relationshipQualifications:
    • Bachelor's degree in Risk Management or Business Administration with concentration in risk management or equivalent work experience.
    • 5+ years' of multi-line claims handling experience; workers' compensation, commercial property, general liability, auto, professional liability preferred
    • Direct experience in the negotiation and administration of multi-line property and casualty insurance renewals

      Preferred to include the following:
      • Experience administering multi-state risk financing programs that include: monopolistic state funds; High Deductible; and Captive Insurance programs.
      • Risk consulting experience (e.g., risk assessment; claims; risk mitigation)
      • Direct experience in the negotiation of contracts.
        The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

        The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions upon request.

        Transdev is an Equal Employment Opportunity (EEO) employer and welcomes all qualified applicants. Applicants will receive fair and impartial consideration without regard to race, sex, color, national origin, age, disability, veteran status, genetic data, gender identity, sexual orientation, religion or other legally protected status, or any other classification protected by federal, state, or local law.

        Drug-free workplace

        If based in the United States, applicants must be eligible to work in U.S. without restrictions for any employer at any time; be able to pass a drug screen and background check.

        California applicants: Please Click Here for CA Employee Privacy Policy. Associated topics: assistant general manager, district manager, executive producer, executive team leader, fire marshal, general manager, lieutenant, manager, manager in training, sergeant

Keywords: transdevna, Lombard , Risk Manager, Executive , Lombard, Illinois

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