Director, Risk Management

Director Of Risk Management

Stack Infrastructure (Stack) provides digital infrastructure to scale the world's most innovative companies. We are an award-winning industry leader in building, owning, and operating highly efficient, cost-effective wholesale, colocation, and cloud data centers. Each of our national facilities meets or exceeds the highest industry standards in all operational categories of availability, security, connectivity, and physical resilience.

Stack offers the scale and geographic reach that rapidly growing hyperscale and enterprise companies need. The world runs on data. Data runs on Stack.

Stack is looking for a Director of Risk Management to grow and mature its insurance programs. As a leader in hyperscale data center development and operations, Stack has a substantial portfolio of construction and operational risk requiring diligent placement, management and renewal of insurance programs. This cross-functional role requires effective communication and collaboration with company leadership, our financial sponsor (Blue Owl) risk management stakeholders, finance organization members, construction project managers and EHS leaders. The Director of Risk will report to the Treasurer. This role initially is an individual contributor role.

In collaboration with Blue Owl, define risk management framework (policy, strategy, plan), establish risk management process, and organize risk management resources with leadership support

Work directly with construction and financing teams to manage placements of construction risk policies and organize ongoing monitoring of construction risk

Manage claims and loss control process

Direct the purchase and annual renewal of the property & casualty, executive risk, cybersecurity, and other corporate coverage lines for Stack

Manage Stack's surety bond placements in coordination with development and power teams

Manage third party relationships with service providers such as brokers, insurers, financing counterparties, and other stakeholders

Work with preconstruction teams to operationalize appropriate insurance cost assumptions for project budgets

Perform contract reviews and communicate / negotiate terms with business units and clients in clear and accessible language

Work with legal and supply chain stakeholders to establish and standardized insurance coverage requirements for vendors

Field and manage COI requests from vendors and financing parties

Advise on insurable and uninsurable risks to project teams and business unit leaders

Maintain company Risk Management Information System (RMIS) to aggregate exposures, claim reporting and insurance coverage

Must-have qualifications:

Bachelor's Degree or equivalent work experience

Minimum of 7 years' experience in an insurance related field, including construction risk

CRIS a plus

Experience in the data center industry a plus

Strong written, verbal, interpersonal capabilities

Ability to work in a high demand, rapid paced environment, managing several projects concurrently and reprioritizing based on business unit needs

Ability to create and deliver training on insurance coverage and process

Ability to function as an integral part of a highly collaborative team distributed across geographies and time zones

Ability to understand issues quickly and follow through to resolution independently

Strong problem solving, planning, and organizational skills-including multi-tasking

This might be right for you if:

You're naturally curious and driven toward the continual improvement of your own professional abilities and the organization you are managing

You are self-directed. If a process doesn't exist, you create it

You're a strong communicator, equally comfortable collaborating with colleagues at our HQ as well as those on-site at our data centers. You're persuasive and clear, blending analytics with experience in decision-making

You don't get flustered easily. You can juggle multiple priorities while balancing urgent requests with shifting timelines and deliverables

Compensation range: $192,920.00 - $216,240.00

This might be right for you if:

You are a strong communicator, you are persuasive and clear, blending analytics with experience in decision-making.

You do not get flustered easily. You can juggle multiple priorities while balancing urgent requests with shifting timelines and deliverables.

You are a team builder. You take the time to understand and develop the strengths of your resources while formulating long-term plans for the growth and success of the team.

You are naturally curious and driven toward continual improvement. While you celebrate your successes, you take time to review and analyze campaigns for future learning.

Why Stack?

We offer a competitive compensation package with strong benefits, including medical, dental, and vision insurance, a 401K program, flexible spending accounts – even a cell phone subsidy.

We foster a culture of appreciation, including peer-to-peer recognition and rewards programs.

Fun is part of our DNA, with events, game nights, happy hours, and barbecues.

We're growing – this is a great time to join and make an impact!

Stack is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, mental or physical disability, genetic information, veteran status, or any other status protected by federal, state, or local law.

Note to external agencies: We are not accepting any blind submissions or resumes/cvs from recruitment agencies. Any candidates sent to Stack Infrastructure, Inc. will not be accepted or considered as a submission without a signed agreement in place. Fees will not be paid in the event a candidate submitted by a recruiter without an agreement in place is hired; such resumes will be deemed the sole property of Stack Infrastructure, Inc.