Director, Risk Management

Job Description

Enterprise Risk Strategy & Governance

• Develop, lead, and continually improve Newegg’s Enterprise Risk Management (ERM) framework.

• Establish and communicate the company’s risk standards, policies, appetite, and tolerance.

• Conduct organization‑wide risk assessments; ensure mitigation strategies are embedded within business processes.

• Design and deliver executive‑level risk reporting, dashboards, and presentations to support informed decision‑making.

• Partner closely with Legal, HR, IT, Finance, and Operations leadership to guide risk‑related decision-making.

Insurance Program Leadership

• Oversee Newegg’s full corporate insurance portfolio, including but not limited to D&O, E&O, property, liability, etc

• Lead renewal strategies, negotiations, and claims management with brokers and carriers.

• Analyze company exposures to optimize insurance structure, costs, and coverage levels.

• Maintain all insurance records, policies, COIs, and risk transfer requirements.

Risk Operations, Controls & Compliance

• Ensure internal controls are operating effectively and that the organization is compliant with regulatory requirements.

• Conduct and oversee risk reviews for contracts, vendor agreements, and new business initiatives.

• Implement corporate audit and compliance protocols, including risk-based policy reviews.

• Develop and enforce corporate risk policies and procedures aligned with evolving business needs.

Business Continuity & Safety Oversight

• Direct the creation and maintenance of Business Continuity Plans (BCP) and Emergency Response Plans.

• Oversee coordination of risk management efforts related to physical security, safety, and operational continuity.

• Partner with HR and Operations to ensure compliance with safety regulations and incident reporting.

Leadership & Cross‑Functional Collaboration

• Serve as the primary advisor to senior leadership on all risk and insurance matters.

• Lead, mentor, and develop a high-performing risk management team.

• Provide company‑wide training and awareness programs on risk, safety, and compliance topics.

• Represent Newegg in discussions with insurance carriers, brokers, auditors, legal counsel, and regulatory bodies.

Requirements

Qualifications:

• Bachelor’s degree in Risk Management, Business, Finance, Insurance, or a related field (Master’s preferred).

• 7–10+ years of progressive risk management or insurance experience, with at least 3+ years in a leadership role.

• Strong expertise in corporate insurance programs, claims management, and broker/carrier relations.

• Proven experience developing and implementing ERM frameworks in a complex organization.

• Excellent analytical, financial modeling, and risk assessment skills.

• Outstanding communication, executive presentation, and cross-functional influencing skills.

• Ability to lead through ambiguity, prioritize competing demands, and make sound risk-based decisions.

Preferred Experience:

• Prior experience in e‑commerce, logistics, retail, or technology industries.

• Experience with D&O, E&O, Cyber, and international insurance programs.

• Background in internal audit, compliance, or business continuity planning.

• Professional certification in risk/insurance (e.g., ARM, CRM, CPCU) is a plus.

Pay Transparency

This job posting may span more than one job level.The base salary range for this position in Diamond Bar is $120,000 - $160,000 annually.

Additionally, Newegg offers a wide range of benefits to U.S.-based employees, including medical, dental, and vision insurance, 401(k) program with employer match, and generous time off for vacation and sick.

To provide greater transparency to candidates, we share base pay ranges for all US-based job postings in California. We set standard base pay ranges for all roles based on function, level, and location. Final offer amounts are determined by multiple factors including, skills, depth of work experience and relevant licenses/credentials, and may vary from the amounts listed above.