Director, Governance & Risk
Company Overview:
Venbrook Insurance Services is a national leader in insurance, reinsurance, and risk brokering and management solutions. We cater to a national client base across myriad industries with divergent needs. Our team of experts and industry specialists partner with our clients to manage their risks, create security, promote growth, and add value by delivering best-in-class insurance products and programs. Venbrook is committed to ongoing product innovation, market agility, and strength in our partnerships for risk management solutions that allow our clients to focus on driving their business forward.
Venbrook specializes in a wide range of insurance and risk management products, including Property, Construction, Primary and Excess Liability, Directors & Officers/Management Liability, Professional Liability, Cyber Liability and Privacy, Crime, Employment Practices Liability, Workers’ Compensation, Employee Benefits, Transportation, Ocean and Inland Marine, Personal Lines, and Surety Bonds.
Job Summary:
We are seeking a visionary and strategic leader to fill the role of Director, Governance & Risk. This position is responsible for driving the development, implementation, and continuous improvement of our organization's risk management, governance frameworks, and compliance programs. The ideal candidate will be a driven professional with a solution-focused mindset, capable of working independently while collaborating effectively with various department executives to identify, assess, and mitigate risks.
Position Requirements:
Education: Bachelor's degree in Business, Risk Management, or a related field.
Experience: Proven experience in governance, risk management, or compliance roles, preferably in a corporate setting. Experience working for an insurance broker is highly valued.
Knowledge: Strong understanding of regulatory frameworks, industry standards, and best practices.
Analytical Skills: Exceptional analytical skills with the ability to assess risk and provide practical solutions.
Communication Skills: Excellent communication and interpersonal skills to work effectively with cross-functional teams and external stakeholders.
Integrity: Detail-oriented with a commitment to maintaining the highest standards of integrity and ethics.
Insurance Experience: Minimum 7 years of experience in the insurance industry (P&C, L&H, and/or Claims).
Licensing: Property & Casualty License or ability to secure one.
Software Proficiency: Proficient in all standard business software applications, including Microsoft 365.
Additional Knowledge: Familiarity with Surplus Lines filing and process management is a plus.
Key Responsibilities:
Compliance Monitoring: Track and monitor regulatory changes, ensuring our organization remains compliant with laws, standards, and industry regulations.
Risk Assessments: Conduct comprehensive risk assessments to identify potential threats and vulnerabilities in our operations.
Audit Support: Collaborate with internal teams to manage and support requirements from external trading partners and governmental regulators. Conduct policy and compliance audits to ensure adherence to procedures.
Risk Management System (RMS) Management: Identify and prioritize potential hazards, recommend control measures to mitigate risk, and monitor the effectiveness of risk controls.
Training and Awareness: Foster a culture of awareness and accountability by identifying opportunities for training programs and educational awareness in governance, risk, and compliance matters.
Continuous Improvement: Identify opportunities to enhance governance processes and recommend improvements to reduce risk exposure and enhance operational efficiency.
Leadership Skills:
Strategic Leadership: Ability to lead and guide cross-functional teams in governance and risk management initiatives.
Collaboration: Strong ability to work collaboratively with various stakeholders to drive compliance and risk management strategies.
Innovation: Encourage innovative approaches to governance and risk management.
Why Join Us?
Startup Mindset: We operate with the agility and innovation of a startup, offering a dynamic and collaborative work environment.
Flexibility: Enjoy flexible working hours and the opportunity to work remotely while contributing to a team-oriented culture.
Benefits: Comprehensive benefits package including medical, dental, vision, paid vacation/holidays, and 401k match.
Professional Growth: Opportunities for continuous learning and professional advancement in a rapidly evolving industry.
