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Director, Corporate Insurance & Risk Management

Job ID R25_0000006319 Address 3200 Hackberry Road, Irving, Texas, 75063, United States Location Irving, Texas

Job Summary:

The Director of Corporate Insurance & Risk Management is responsible for creating and managing the company's insurance and risk management strategy. This role involves designing, negotiating, and overseeing insurance programs to protect the company's assets and operations. The Director will manage relationships with external partners and lead internal teams handling claims, legal matters, and financial reporting.

Key Duties and Responsibilities:

+ Develop, implement, and enhance the organization's comprehensive insurance and risk management strategy.

+ Build, lead, and manage relationships with brokers, carriers, Third Party Administrators (TPAs), defense attorneys, and other external partners.

+ Oversee the TPA program, including vendor selection, program design, claims handling protocols, performance evaluation, and issue resolution. Current TPA staffing includes approximately 60 FTEs.

+ Collaborate with the Legal department to manage the Insurance Defense Litigation Program, involving coordination with 30+ outside law firms.

+ Directly supervise internal staff and contractors responsible for insurance procurement, claims management, legal coordination, and departmental financial operations.

+ Evaluate risk exposures and determine appropriate insurance products, coverage levels, and retention strategies.

+ Negotiate insurance policies and agreements through brokers to ensure optimal coverage and cost efficiency.

+ Partner with Internal Audit to support the development and implementation of the Enterprise Risk Management (ERM) program.

+ Support M&A activities by assessing insurance implications, conducting due diligence, and managing post-acquisition integration of insurance programs.

+ Work with actuaries to ensure accurate reserve estimates and coordinate with corporate accounting to reflect reserves in financial statements.

+ Collaborate with financial planning teams on insurance budgeting, trend analysis, and forecasting.

+ Provide oversight and guidance to franchisees on insurance compliance and risk mitigation.

+ Advise Legal on contractual insurance requirements and ensure alignment with corporate risk strategy.

+ Develop and promote risk awareness training throughout the organization.

Preferred Qualifications:

+ Bachelor's Degree required; preferred fields include Insurance, Finance, Actuary Science, Risk Management, or related disciplines.

+ Minimum 10 years of progressive experience in insurance, risk management, or related fields.

+ 5 years leadership experience including team management.

+ Experience in financial reporting and trend analysis.

+ Demonstrated experience managing large-scale insurance programs and external vendor relationships.

+ Ability to steer key business decisions through the lens of risk management.

+ Strong written and verbal communication skills, with the ability to interact effectively across all organizational levels including Executive stakeholders.

+ Exceptional negotiation skills to drive cost-effective insurance solutions.

+ High attention to detail and strong analytical capabilities.

+ Customer service orientation to address inquiries from internal stakeholders, franchisees, and vendors.

+ Proven leadership and team management skills.

+ Ability to manage complex projects and make strategic decisions under pressure.

If an hourly or salary range is included in this ad it represents the range 7-Eleven in good faith believes is the range of compensation for this role at the time of this posting. The Company may ultimately pay more or less than the posted range. This range is only applicable for jobs to be performed in this state. This range may be modified in the future. No amount is considered to be wages or compensation until such amount is earned, vested, and determinable under the terms and conditions of the applicable policies and plans. The amount and availability of any bonus, commission, long-term incentive compensation, benefits, or any other form of compensation and benefits that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company’s sole discretion, consistent with the law.

For a general description of all benefits 7-Eleven is offering in the US for the position, please visit this link (https://tbcdn.talentbrew.com/company/7/pdf-link-storage/7-Eleven\_US\_Benefits\_Summary\_2025.pdf) .