Executive Director of Claims and Risk Management jobs in United States
cer-icon
Apply on Employer Site
company-logo

MGM Resorts International · 1 day ago

Executive Director of Claims and Risk Management

MGM Resorts International is a leading entertainment company seeking an Executive Director of Claims and Risk Management. This role is responsible for managing the Claims self-administration program, overseeing liability litigation, and collaborating with various stakeholders to drive performance and mitigate financial exposures.

GamblingHospitalityResorts
check
H1B Sponsor Likelynote

Responsibilities

Directs and leads the Claims Self-Administration program and Claims team by establishing Standard Operating procedures and best practices for investigations, file handling, reserve setting, and claims evaluations
Engage in training and continuing education of the Claims team. Manage and oversee all liability claim litigation by establishing litigation management best practices
Establish, oversee, and manage relationships with Outside Defense Counsel, In House Legal Counsel, and Insurance Carrier Claims Professionals to further the mission of the Self-Administration and Risk Management program
Assign claims to the team, manage their day-to-day responsibilities, support them in developing litigation strategies, and executing those strategies with in house and outside counsel, including providing the adjuster with settlement authority and having oversight of file reserve increases on general liability claims. Attend mediations, arbitrations, trials as needed
Participates in all aspects of the company’s Casualty Insurance renewals, including the review of claim data and submissions
Leads market presentations to Brokers and Insurance Carriers, which may require travel across the US and internationally, on the value proposition of the MGM Account
Reviews Casualty Insurance policies with a clear understanding and knowledge of insurance coverages
Collaborate with the SVP of Risk Management and the Executive Director of Insurance, works with the Brokers on negotiations on pricing, terms, and conditions for all Casualty Renewals
Communicate, foster, and grow relationships with outside defense counsel and insurance carriers to support the claims and litigation process
Collaborate with other stakeholders such as the Finance and Legal Departments, manage all non-casualty claims that may include 1st Party Property Claims, Cyber, Directors and Officers, Employment Legal Liability, and otherwise
Work with MGM Finance teams and outside actuaries on actuarial studies. Identify, evaluate, and provide recommendations to various internal stakeholders to decrease the frequency and severity of third- party injuries and losses
Develop, implement, and monitor cost-containment and mitigation strategies to prevent and minimize losses

Qualification

Claims managementLitigation strategyInsurance regulationsCPCU designationJuris DoctorStrategic oversightRelationship buildingEffective communicationTeam leadership

Required

7+ years of experience managing general liability claims and litigation
Strong expertise in claims handling, litigation strategy, and settlement authority
Bachelor's degree
Licensed and in good standing with a U.S. state bar or possess a CPCU designation
Solid understanding of insurance regulations, reserve setting, and the financial impact of claims
Experience in mediation, arbitration, and trial processes
Skilled in setting goals, defining KPIs, delegating work, and providing strategic oversight to claims teams
Effective communication skills
Ability to build strong relationships with counsel and carriers
Ability to manage complex claims with sound judgment
Ability to thrive under tight deadlines
International travel is required

Preferred

Juris Doctor

Benefits

Wellness incentive programs to help you stay healthy physically and mentally
Access to company hotel, food and beverage, retail, and entertainment discounts as well as discounts with company partners on things like travel, electronics, online shopping, and more
Free meals in our employee dining room
Free parking on and off shift
Health & Income Protection benefits (for eligible employees)
Professional and personal development through programs and networking opportunities as well as volunteer opportunities in the community

Company

MGM Resorts International

company-logo
MGM Resorts International is a hospitality firm that operates casinos, restaurants, and recreational resorts.

H1B Sponsorship

MGM Resorts International 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
2025 (2)
2024 (1)
2022 (1)
2020 (2)

Funding

Current Stage
Public Company
Total Funding
$3.6B
Key Investors
IAC
2024-09-03Post Ipo Debt· $850M
2024-03-25Post Ipo Debt· $750M
2020-08-10Post Ipo Equity· $1B

Leadership Team

leader-logo
William Hornbuckle
Chief Executive Officer and President
linkedin
leader-logo
Mark Strawn
Chief Financial Officer - Midwest Group
linkedin
Company data provided by crunchbase