SENIOR RISK MANAGER (CHIEF RISK OFFICER)
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City of Long Beach
Long Beach, CA (In Person)
$190,440 Salary, Full-Time
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Job Description
DESCRIPTION THE PORT OF LONG BEACH IS SEEKING A SENIOR RISK MANAGER
(CHIEFRISK OFFICER
) (This is an at-will position)Salary Range:
$158,700.08- $222,180.
THE TEAM
The Port of Long Beach's Finance team is a dynamic group dedicated to ensuring the financial health and sustainability of one of the busiest ports in the nation. Committed to transparency and efficiency, this team manages a diverse portfolio that includes budgeting, financial analysis, and strategic planning. Focusing on innovative financial solutions, they support the Port's mission by optimizing resources, driving investment opportunities, and enhancing overall operational effectiveness. Collaborating closely with other departments, the Finance team plays a crucial role in shaping the future of the Port while fostering economic growth in the region.THE ROLE
Reporting to the Port's Director of Finance and the Assistant Director of Finance, the Senior Risk Manager will spearhead the strategic development and implementation of an innovative risk management program for the Port of Long Beach (Harbor Department). This pivotal role involves supervising a talented team of risk and insurance professionals, shaping policies to safeguard our operations while driving growth and resilience. If you're ready to make a significant impact in a vibrant environment, we want to hear from you!EXAMPLES OF DUTIES HOW YOU GET TO CONTRIBUTE
Responsible for all aspects of property and liability insurance policy renewals, including the development of marketing strategy and procurement with brokers/insurance underwriters. Develop systemic methods to identify risk exposures and loss mitigation, and recommend cost-effective insurance policies and procedures. Conduct periodic independent evaluations, tests, and reviews of policies and procedures to maintain and update the Port's Risk Management Guide and insurance profile. Assess the Port's property valuation periodically and analyze exposure on insured values and the nature of risks. Assist the City Attorney's Office with the handling of claims. Monitor industry trends, advancements, and best practices, and provide recommendations to Port Management. Develop alternative risk financing strategies in response to client positions/requirements. Perform studies to forecast the Port's future loss models, cost-efficient alternative insurance structures, and other significant loss assumptions for loss severity models. Perform other management duties as needed.REQUIREMENTS TO FILE EDUCATION, KNOWLEDGE & EXPERIENCE
A bachelor's degree in Finance, Management, Risk Management/Insurance, or a similar field from an accredited college or university. Experience offering specific and substantial preparation for the position's duties may be substituted for the required education on a year-for-year basis. 5 years or more of leading, managing, and executing a risk management program, department, or organization. This includes experience in risk management, dealing with complex insurance coverage, assessment, and negotiation. 3 years or more in a technical supervisory/management role with a development team.TECHNICAL SKILLS NEEDED
In-depth understanding of risk management frameworks and principles, including the ability to identify, assess, mitigate, and monitor risks across various domains such as operational, financial, strategic, and compliance risks. Subject matter expertise in financial instruments, risk management concepts, industry trends, and global insurance markets. General liability claims examination, adjustment, including legal requirements, investigation, and settlement techniques and practices. Principles and practices of risk identification, loss prevention, loss control, and risk transfer. Knowledge of complex builder's risk insurance programs and controlled insurance programs.DESIRABLES
A master's degree and/or professional risk management certification is preferred Professional Risk Management (PRM) certification is highly desirable You must be able to establish and maintain effective working relationships with various employees, vendor representatives, officials, and Port management. If you require accommodation because of a disability in order to participate in any phase of the application/selection process, please contact (562) 283-7500 or email Careers@polb.com .SELECTION PROCEDURE
The Port of Long Beach will consider qualified applicants with a criminal history pursuant to the California Fair Chance Act. You are not required to disclose your criminal history or participate in a background check until you receive a conditional job offer. If the Port of Long Beach has concerns about a conviction that is directly related to the job after making a conditional job offer and conducting a background check, you will have the opportunity to explain the circumstances surrounding the conviction, provide evidence to mitigate concerns or challenge the accuracy of the background report. Find out more about the Fair Chance Act by visiting https://calcivilrights.ca.gov/fair-chance-act or https:
//www.longbeach.gov/hr/about-us/talent-acquisition/the-fair-chance-act/ . The final filing date for this recruitment is Monday, April 13, 2026 @ 11:59 pm PDT. To be considered for this opportunity, please submit a cover letter and resume with your application in PDF format. Incomplete applications (without a cover letter and resume) will not be considered . Individuals most qualified for the position will be invited to participate in the selection process, which may include a work-related assessment to further evaluate their qualifications. First- and second-round panel interviews are tentatively scheduled for Wednesday, April 29, 2026 (in person) and Wednesday, May 6, 2026 (in person ) .
THE BENEFITS
The Port of Long Beach has established an annual salary range of $158,700.08- $222,180.
- $550.00 per month Executive Leave
- 40 hours per year. Retirement
- CalPERS 2% @ 62, coordinated with Social Security. Current member contributions are 8.00% for CalPERS and 6.2% for Social Security, paid by the employee. Pay for Performance
- Pay for Performance is awarded based on employee performance as demonstrated through achievement of individual goals, demonstration of required competencies, and available budget funds. Deferred Compensation
- The City contributes up to 5% of the base salary for all qualified members contributing to the 457(b) plan. Group Health Insurance
- Medical and dental options (HMO and PPO). Free vision coverage. Life Insurance
- City-paid life insurance policy of $20,000 plus executive insurance benefit equal to three times annual salary up to a maximum of $500,000. Disability Insurance
- City-paid short
- and long-term disability insurance. Vacation
- Vacation is accrued at 3.7 hours per pay period to begin, which is equivalent to two weeks on an annual basis. Vacation can be used after six months of service. Sick Leave
- Accrued at 8 hours per month. Accruals may be converted upon retirement into cash credits toward health and/or dental insurance premiums or retirement service credits. Paid Parental Leave
- After six (6) months of City employment, the City pays up to 30 consecutive days (160 hours) for eligible employees to take paid time to bond with the child upon birth, adoption, or foster placement of a child, up to the age of 17. Holidays
- 11 scheduled holidays per calendar year and four (4) personal holidays. Bereavement Leave
- 5 days for the death or critical illness of an immediate family member. Education Reimbursement
- Tuition reimbursement allows employees to obtain additional education or training. Annual Physical
- Eligible to receive an annual physical examination at the city's expense through the city-provided program. Public Student Loan Forgiveness
- As the Harbor Department of the City of Long Beach, a governmental agency, the Port of Long Beach is a qualifying employer for the Public Student Loan Forgiveness (PSLF) program. 529 college savings plan
- The ScholarShare529 plan is an account that allows employees to invest specifically for future education expenses through the Long Beach City Employees Federal Credit Union.
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