Riot Games values risk management as essential to achieving the strategic
goals of the Company. Riot's financial risk is managed by the Riot Treasury
Team and is coordinated globally across all Pillars of the Company. Riot's
Treasury Team engages a variety of risk mitigation techniques to effectively
manage Riot's exposure, including the procurement of global insurance
policies. The Treasury Team also provides oversight for insurance claims and
loss mitigation practices, as well as strategic guidance on operational risk.
The Insurance Risk Manager is responsible for managing Riot's Global
insurance programs. This includes conducting multidimensional risk analysis on
the relevant company data in order to evaluate and quantify the risk of Riot's
property, liability, cyber, events and other business exposures. This role
will also be instrumental in developing systems to manage Riot's on-going
exposures and develop a cooperative and transparent claims management process,
while ensuring compliance for all insurance programs.
The Insurance Risk Manager will work closely with Riot's Workplace Experience
Team, Legal Department, Esports teams, InfoSec, and Entertainment Studio to
understand Riot's collective insurance needs. This role is also directly
responsible for managing the communications with insurance brokers and
insurance underwriters.
Responsibilities:
Collect, audit and assess all relevant exposure data for Riot's Property &
Casualty, General Liability, Cyber/E&O, Events, Cargo and Directors &
Officers insurance programs
Oversee the evaluation, design, and implementation of insurance programs,
including defining the appropriate limits and retentions levels; determine
opportunities for cost savings and structures for insurance captives
Develop and manage spreadsheets/documents to streamline the insurance
renewal for all global insurance programs; develop standard interactive
templates across the company to maintain updated exposure data for
insurance programs
Manage the communication with claims administrators and insurance advisors
during the claims process; coordinate internal documentation on all
reported loss instances with Riot Legal and Accounting
Negotiate with Brokers to structure comprehensive and competitively priced
insurance policies; assess opportunities for self insurance or development
of insurance captives
Work collaboratively with Riot's insurance underwriters, risk advisors,
and internal stakeholders to ensure Riot's compliance with insurance
binders and corporate governance guidelines; review and assess insurance
program binders, policies and schedules to identify gaps within Riot's
exposure
Develop standard language for insurance and indemnity provisions for 3rd-
party contracts, and review contracts as needed in coordination with
Riot's Legal Department
Negotiate terms and conditions of service contracts with brokers and risk
advisors
Manage insurance program accounts receivable and payables, and develop
intercompany recharge programs with pillar teams
Monitor new business initiatives and conduct risk assessment to determine
exposures; ensure insurance coverage for new entities, property,
automobiles, and employees on a timely basis, including new acquisitions
Coordinate the annual audit for workers compensation insurance with the
Riot accounting team; ensure compliance with the regulatory requirements
of Workers Compensation
Required Qualifications:
5+ years of risk management experience in Corporate Risk or Commercial
Insurance Brokerage
Experience with Media and Cyber risk management
Experience in handling highly sensitive and confidential data; familiarity
with GDPR, HIPAA and other significant PII privacy regulations
Strong project management skills; ability to organize, prioritize and
follow through on multiple tasks simultaneously and drive initiatives
within pillar teams.
Proficient with Microsoft Excel, including formulas, pivot tables, and
basic macros; experience with Google Docs and Google Sheets
Self motivated team player with strong attention to detail and high level
of accountability
Excellent verbal and written communication skills for effective
communication across all levels of the organization; strong interpersonal
skills to develop effective working relationships across teams
Proven analytical and critical thinking skills and financial acumen
Desired Qualifications:
Bachelor's degree in Data Science, Finance or Accounting is preferred
For this role, you'll find success through craft expertise, a collaborative
spirit, and choices that focus on your fellow Rioters, who are the customers
of your work. Being a dedicated fan of games is not necessary for this
position!
Our Perks:
Riot has a focus on work/life balance, shown by our open paid time off policy,
in addition to other perks such as flexible work schedules. We offer medical,
dental, and life insurance, parental leave for you, your spouse/domestic
partner and children, and a 401k with company match. Check out our benefits
pages for more information.
(Los Angeles Only) Base salary range between $111,700.00 -
$156,400.00 USD + incentive compensation + equity + 401K with company
match + medical, dental, vision, and life insurance + short and long-term
disability + open PTO.
It's our policy to provide equal employment opportunity for all applicants and
members of Riot Games, Inc. Riot Games makes reasonable accommodations for
handicapped and disabled Rioters and does not unlawfully discriminate on the
basis of race, color, religion, sex, sexual orientation, gender identity or
expression, national origin, age, handicap, veteran status, marital status,
criminal history, or any other category protected by applicable federal and
state law, including the City of Los Angeles' Fair Chance Initiative for
Hiring Ordinance relating to an applicant's criminal history (LAMC 189.00).
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