Director, Risk Management

Company: Entergy Corporation
Location: New Orleans
Posted on: April 3, 2025

Job Description:

The position is responsible for the corporate insurance programs and related risk management activities of Entergy Corporation and its subsidiaries. This includes a Risk Engineering group (team of four engineers that cover fire protection and machinery operations (boiler/spinning/solar)) and relationship management with brokers, underwriters, and mutuals.Job Duties/Responsibilities

• Directs and manage a team of Risk Management and Risk Engineering professionals in the identification and analysis of all factors with the potential for causing financial or operational losses. Evaluates loss exposures and recommends the commercially reasonable limit of insurance and retention for the exposure.
• Analyzes property and casualty insurance needs and secures policies, including negotiating terms, conditions, and costs. Policies include property, workers comp, directors & officers, nuclear liability, etc. Primary responsibility for claims management.
• Markets Entergy and its risks in the worldwide insurance markets, ensuring Entergy is seen in the most favorable light possible by underwriters. Actively leads participation in and represents Entergy's interests in the mutual insurance companies in which Entergy is a member. Monitors developments in the insurance and loss control field and their relevance to the Company.
• Directs the development of risk engineering/loss control standards for design, inspection, testing, and operation of systems to minimize property damage and threat of fire and machinery breakdown. Primary responsibility for participation in industry engineering standards development process that have material impact on the Entergy's operations.
• Responsible for the Entergy Owner Provided Insurance Program and the Entergy Captive Programs.
• Assists in the development of jurisdictional rate case testimony regarding insurance and claims and in some instances testifies in such cases.
• Ensures risk management policies, limits, and strategies are in compliance with applicable regulations, Engineering standards, and strategic priorities of the company.
• Conducts insurance and loss control due diligence for mergers, acquisitions, and divestitures.
• Provides risk management and risk engineering consultative services to operating divisions to assist them in achieving business results with a balanced approach to loss.Minimum Education Required
  • Bachelor's degree in Risk Management, Business, Finance, Engineering, or related field.
  • Relevant Masters Degree (MBA, MS) preferred.Minimum Experience Required
    • 10 years relevant work experience and prior management/supervisory experience required.
    • Ability to Travel Required: Role reports to the Treasurer and requires substantial travel (30%-40%) to Company facilities, industry events, and recurring marketing trips (including travel to Bermuda and London).Minimum Knowledge, Skills, and Abilities Required
      • Experience developing and implementing strategic policies and procedures.
      • Ability to work effectively with senior executives.
      • Experience managing technical personnel.
      • Excellent written and oral communication skills.
      • Thorough understanding of the regulated power utility business and risk associated with regulated utilities.
      • Familiarity with power utility operational issues including transmission, distribution, and power plant operations.
      • Experience with risk analysis techniques.Certificates, Licenses, etc. RequiredChartered Property & Casualty Underwriter (CPSU), Associate in Risk Management (ARM), and/or Professional Engineer (PE) designation preferred.Primary LocationLouisiana - New Orleans -- Texas - The WoodlandsJob FunctionProfessionalFLSA StatusProfessionalRelocation OptionLevel IUnion description/codeNON BARGAINING UNITNumber of Openings1Req ID118471Travel Percentage25% to 50%An Equal Opportunity Employer, Minority/Female/Disability/Vets. Please click here to view the EEO page, or see statements below.EEO Statement: The Entergy System of Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a protected veteran in accordance with applicable federal, state, and local laws. This policy applies to all terms and conditions of employment including, but not limited to, recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.Accessibility: Entergy provides reasonable accommodations for online applicants. Requests for a reasonable accommodation may be made orally or in writing by an applicant, employee, or third party on his or her behalf. If you are an individual with a disability and you are in need of an accommodation for the recruiting process please click here and provide your name, contact number, the accommodation requested, and the requisition number that you are requesting the accommodation for. Employee Services will contact you regarding your request.Additional Responsibilities: As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.WORKING CONDITIONS: As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.
        #J-18808-Ljbffr

Keywords: Entergy Corporation, New Orleans , Director, Risk Management, Executive , New Orleans, Louisiana