Head of Group Insurance & Risk

BACKGROUND

Richemont Group is seeking a strategic and experienced leader to head its global insurance and risk management department, reporting to the Group Treasurer. This critical role will lead the development and execution of worldwide insurance and risk mitigation strategies to protect the Group's assets, supply chain, and financial resilience. The role is an integral part of the Treasury & Risk Leadership team.

Based in Bellevue and reporting to the Richemont's Group Treasurer, this role will be responsible for the following responsibilities, including but not limited to:

• Lead comprehensive risk assessments, develop and execute global insurance programs, and manage broker/insurer relationships to effectively mitigate risks.
• Collaborate with Group functions to design and implement innovative risk transfer solutions, including insurance/reinsurance captives, and present strategies to senior management.
• Collaborate closely with key risk owners across the organization, including Finance, Security, Logistics, Legal, and Audit, to establish risk management protocols and champion a culture of risk awareness and compliance.
• Analyze risk data and optimize the total cost of risk framework to minimize potential impact and recommend adjustments.
• Develop insurance solutions and contract language to support third-party relationships and ensure appropriate risk transfer.
• Lead the annual insurance renewal process, strategically reviewing and negotiating policies to ensure optimal coverage and competitive pricing.
• Ensure efficient and effective resolution of claims administration and management, ensuring fair and consistent settlements.
• Manage the insurance budget to ensure cost-effective resource allocation and maximize ROI.
• Develop and deliver risk management training programs to promote knowledge, compliance, and best practices.
• Inspire, growth, mentor, develop, and motivate a team of three.

• University degree in Business Administration or Finance.
• 15+ years of experience in corporate insurance and risk management.
• 5+ years of experience in people management
• Expert knowledge of risk assessment techniques, the insurance marketplace, risk management practices, insurance policies, claim handling procedures, and international insurance programs.
• Sound understanding of insurance/reinsurance captives’ management with a proven track record in managing captives and/or programs involving captives.
• Familiarity with regulatory requirements and compliance, including relevant laws, regulations, and industry standards.
• Proven ability to develop, manage, and oversee multiple insurance and risk management activities and initiatives.

Ability to build effective business relationships and maintain a strong customer-centric mindset.
Exceptional communication, negotiation, and presentation skills to effectively collaborate with stakeholders at all levels.
Strong organizational, analytical, problem-solving, and leadership skills.

Our true power does not lie in our similarities but in the rich diversity of our arts, cultures, and human skills, as well as our specific ability to foster untapped potential.

• We value freedom, collegiality, loyalty, and solidarity.
• We foster empathy, curiosity, courage, humility, and integrity.
• We care for the world we live in.

Your application will be carefully reviewed by our recruitment teams, who will give you a follow-up shortly. If your profile is selected, we will contact you for an initial phone interview. The next step will be an interview with the Managers and our HR Business Partner.