Description
At NASCAR, you will find a community of individuals who care about our sport and are united in seeing it grow. We seek a talented professional to join our team in the position of Manager, Risk Management based in our Daytona Beach, Florida office.
The Manager, Risk Management, is responsible for assisting department Directors in assessing and mitigating the company's exposure to contractual and operational risk. The position's primary focus encompasses collaborating with the department Directors, as well as Business Unit and Legal personnel, to provide integrated loss prevention and insurability analysis for the company's operational risks. The role also supports the broader risk management program through claims investigation, insurance administration, and procedural department development.
Key responsibilities include:
- Ensuring all contract insurance terms are consistent with company policy, risk appetite, and industry best practices.
- Serving as a subject matter resource for internal departments regarding liability assessment, insurance limits, and acceptable risk transfer language.
- Developing and maintaining standard insurance and indemnification clauses, templates, and approval workflows.
- Collaborating with legal and business unit teams to ensure contract compliance and documentation of exceptions.
- Reviewing, analysing, and interpreting contract terms and conditions to identify and assess risk exposures, indemnification obligations, and insurance requirements.
Insurance and Risk Program Administration
- Demonstrating working knowledge of risk management principles and insurance coverages, including property, casualty, commercial general, auto, and professional liability.
- Maintaining comprehensive understanding of insurance contracts as a risk transfer tool.
- Assisting in the development and implementation of insurance procedures, templates, and coverage standards.
- Assisting director(s) in gathering underwriting information, loss data, and exposure metrics for annual insurance renewals and audits.
- Maintaining the Insurance Coverage Summary and ensuring accuracy of policy documentation.
Assisting department directors in all incident and claims-related activities, including investigation, reporting, and communication with carriers, adjusters, and internal stakeholders.
Assisting with internal risk reporting, including policy audits, loss forecasts, and compliance metrics.
Preparing and maintaining insurance coverage summaries, claims logs, and contract review records.
Assisting department directors with risk and insurance training of operational and legal teams.
Participating in audits and assisting with documentation requests.
This role requires 10% or less travel.