MD – Risk Management

POSITION OVERVIEW: The Director, Risk Management, oversees FedEx Freight’s global insurance, risk-financing, and loss prevention programs, ensuring comprehensive protection of company assets, people, and reputation. This leader designs and administers insurance coverage across property, casualty, liability, and self-insured programs while developing enterprise risk mitigation strategies aligned with the CFO’s financial governance objectives. Reporting to the VP, Treasurer & Investor Relations, the Director partners with Legal, Operations, and Internal Audit to evaluate risk exposures, manage claims, and optimize total cost of risk across the organization ESSENTIAL JOB DUTIES/RESPONSIBILITIES: Insurance & Risk Financing • Direct insurance placement, renewals, and policy administration for all business lines • Evaluate and recommend risk transfer or retention strategies to optimize total cost of risk • Oversee claims handling and coordinate with Legal on litigation strategy Enterprise Risk Management (ERM) • Partner with Internal Audit and SOX to integrate enterprise risk reporting and controls • Maintain corporate risk register and ensure alignment with company objectives • Analyze risk trends and emerging exposures to inform executive decision-making Governance & Compliance • Develop risk management policies and procedures consistent with FedEx governance • Oversee broker and vendor performance; ensure adherence to ethical standards and contract terms • Prepare quarterly risk reports for executive management and the Audit Committee Leadership & Collaboration • Lead and mentor a team of Risk Management Analysts and support staff • Partner cross-functionally with Treasury, Legal, and Operations to manage insured and self-insured exposures • Serve as a trusted advisor to senior leadership on insurance coverage and risk strategy Disclaimer: This description outlines the role’s general nature and key responsibilities; it is not an exhaustive list of all duties, responsibilities, and qualifications needed QUALIFICATIONS: Education: • Bachelor's degree in risk management, finance, business, or related field required • MBA, CPCU, ARM, or CRM designation preferred Experience: • Minimum of ten (10) years of progressive corporate risk management or insurance experience • Proven record managing complex property and casualty insurance programs • Experience negotiating global insurance renewals and managing self-insurance or captive structures • Familiarity with freight, logistics, or transportation industries preferred Knowledge, Skills, and Abilities: • Strong understanding of insurance markets, risk financing, and claims management • Excellent communication and negotiation skills with brokers, insurers, and executives • Analytical expertise in loss modeling and risk analytics • Leadership ability to influence decision-making across Legal, Operations, and Finance • Proficiency with risk management information systems (RMIS) JOB CONDITION: • Strategic and high-impact role with exposure to executive leadership and external stakeholders. Limited travel for insurer, broker, and site meetings Preferred Qualifications: Pay Transparency: Pay: Additional Details: This position will be domiciled at a FedEx Freight location in Memphis, TN or Harrison, AR. You will be required to work at a FedEx Freight location several times per week. FedEx Freight is an Equal Opportunity Employer, including disabled and veterans. • Know Your Rights • Pay Transparency If you have a disability and you need assistance in order to apply for a position with FedEx Freight, please call 800-888-8252 or e-mail at ADAAssistance@freight.fedex.com. FedEx Freight will not discharge or in any other manner discriminate against any employee or applicant for employment because such employee or applicant has inquired about, discussed, or disclosed the compensation of the employee or applicant or another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor’s legal duty to furnish information. Apply tot his job Apply To this Job