Director of Risk Management

Job DescriptionAdvance Auto Parts (“Company”) is seeking a seasoned professional to fill the role of Director of Risk Management. In this role, you will be responsible for leading a team of corporate risk professionals to assess and mitigate risks, develop strategies, prepare reports and promote organizational awareness to help protect the Company from losses. The Director of Risk Management should be highly analytical and able to collaborate effectively with various departments to achieve business objectives. The successful candidate will have 10+ years of experience in risk management with a proven track record of developing and implementing risk management strategies.LOCATIONAdvance Auto Parts HQ, Raleigh, NC - on siteResponsibilitiesIdentify and evaluate potential risks that may hinder the reputation, safety, security and financial prosperity of the CompanyDevelop and implement risk management frameworks, policies and protocolsCoordinate with different department leads to create business insights and risk mitigation plansManage relationships with insurance brokers and third-party administrators to provide cost-effective solutions for the CompanyLiaise with external auditors, regulators and insurersOversee actuarial analyses and reports, risk modeling and forecasting, and review loss reservesDrive business outcomes aimed at minimizing total Cost of RiskConduct regular assessments and audits to identify risks and ensure risk management procedures are being adhered toCompile, analyze and prepare risk assessment and trend analysis reports and present them to senior managementOversee actuarial analyses and reports and review loss reservesDirect insurance programs, purchase insurance and negotiate/manage policy renewals and claimsEnsure compliance with applicable laws, regulations and industry standardsAdvise business units on risk-related decisions and on contractual language related to risk managementCommunicate emerging risks and recommend proactive measuresOversee the management and operations of a captive insurance companyLead a team of nine risk professionals through coaching and developmentRequiredSkillsandQualificationsBachelor’s degree in Risk Management, Finance, Business Administration, Actuarial Science, or a related field.Excellent leadership and interpersonal skills to manage a risk management team and foster a culture of risk awareness throughout the organizationProven experience in a similar role, preferably managing a claims department with high volumes of claims activityExcellent knowledge of risk management principles and practicesExperience in the development and management of enterprise risk management frameworks aligned with legal/regulatory requirements and insurance industry best practices.Demonstrated experience of proactive mindset and initiative-taking in identifying and mitigating risks.Strong analytical skills to forecast and identify potential risksFamiliarity with risk management information systems (RMIS), data visualization or analytics tools and insurance claims systems or softwareSelf-motivated and action-oriented, with a strong sense of ownership and the ability to drive initiatives forward with limited supervisionAbility to make sound decisions under pressureStrong team management abilities with experience developing talentSolid communication skills and C-suite comportmentCertified Risk Management Professional (CRMP) is a plusAdvanced degree preferred.#LI-GG1California Residents click below for Privacy Notice:

Created: 2025-11-26