Patrick Industries, Inc. · 1 day ago
Director of Risk Management
Patrick Industries, a publicly traded company headquartered in Elkhart, Indiana, is seeking a Director of Risk Management to join their organization. The role involves establishing risk tolerances, managing incidents and claims, and ensuring compliance with safety regulations and industry standards.
Responsibilities
Oversee daily operations of the risk management function, ensuring alignment with Patrick’s strategy and compliance standards
Working collaboratively across our diverse group of businesses to establish and communicate acceptable risk tolerances for business units, product lines, and programs
Develop and maintain risk registers, heat maps, and exposure models to quantify potential liabilities
Implement and monitor loss prevention strategies to safeguard physical, financial, and reputational assets
Ensure compliance with safety regulations, industry standards, and risk-related legislation
Lead and/or coordinate investigations into accidents, losses, or risk events; document findings and recommend corrective actions
Maintain Domestic & Foreign Statement of Values (SOVs)
Represent the organization in legal proceedings, insurance claims, and settlement negotiations
Oversee the Property & Casualty (P&C) insurance policies protecting the enterprise and leading the process of their renewals
Serve as a liaison between Patrick’s internal partners including leadership, legal, finance etc. and external partners including insurance providers, brokers, adjusters, underwriters etc
Maintain legacy life insurance policies including monthly tracking and quarterly reconciliations
Manage insurance coverage strategy, including policy selection, renewals, and claims administration
Prepare and deliver regular risk reports and insights to designated teams, including executive leadership
Communicate risk implications and mitigation strategies across departments and stakeholders
Qualification
Required
Bachelor's degree in risk management, Business Administration or related field (Master's preferred)
10+ years of experience in corporate risk management, loss prevention, or insurance strategy
Proven leadership experience of the function with the ability to work cross-functionally
Strong knowledge of risk quantification methods, insurance markets, and regulatory compliance
Excellent communication, negotiation, and incident management skills
Familiarity with safety standards, legal processes, and enterprise risk frameworks
Ability to navigate complex claims and legal proceedings with professionalism and discretion
Skilled in building relationships with legal counsel, insurers, and regulatory bodies
Self-motivated with proven track record showing the ability to prioritize multiple projects under tight deadlines and work independently with limited oversight
A high level of personal integrity (self-esteem, self-awareness, humility, confidence, honesty, and respect) are necessary qualities
Align with Patrick Industries 'BETTER Together' mentality by pursuing Balance, Excellence, Trust, Teamwork, Empowerment, and Respect within the organization
Preferred
Certified Risk Manager (CRM), RIMS-CRMP, or similar certification is preferred
Experience in asset-intensive industries such as manufacturing and/or logistics
Company
Patrick Industries, Inc.
Patrick Industries (NASDAQ:PATK) is a leading component solutions provider serving the RV, Marine, Powersports and Housing markets.
H1B Sponsorship
Patrick Industries, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2024 (1)
2023 (1)
2022 (2)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageRecent News
2025-09-12
2025-09-12
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