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Reston, Virginia, United States of America
JOB #R2300121

Risk Management Director

Risk Management Director (Hybrid)

Job Description:

The Risk Management Director is a highly visible and important member of ICF’s Treasury and Risk Management Department. As a “working” Director, under the direction of the Treasurer, you will be the sole provider of risk management and insurance support at ICF.

You will be responsible for designing and implementing risk management processes, primarily through placing and managing a variety of insurance programs to minimize the impact of risks to our global enterprise. You will collaborate with senior management on insurance strategy formulation and enterprise risk management; business sector leaders on risk identification and implementation of risk mitigation practices; and insurance brokers / providers on selecting, designing, and purchasing appropriate programs. You will also work closely with various groups across the company, including Operations, Accounting, Legal, Facilities, HR, and IT, as well as with people outside of ICF, e.g., brokers, lawyers, and government agencies.

Our corporate insurance program involves all non-benefit related insurance on a global basis. These lines of coverage include general liability & property, foreign liability & property, umbrella, crime, BTA/BTM workers compensation, employment practices, fiduciary liability, special crime, errors & emissions, directors & officers, environmental, and other special insurance.

Key Activities (%):

  • 50%: Identifying and mitigation of risks, including reviewing proposals and contracts for treasury and insurance matters as required by the company’s approval authority matrix. Providing Certificates of Insurance and educating ICF employees on minimizing risk.

  • 30%: Interacting with insurance brokers, preparing applications for insurance renewals, and handling insurance claims.

  • 20%: Special insurance projects, cross training with the rest of the department, and other treasury projects as needed.


  • Create processes that identify risk and develop programs to mitigate or fund risk in accordance with the corporate risk philosophy as articulated by senior management

  • Support annual enterprise risk program (managed by ICF’s internal Audit department)

  • Design, implement, and manage cost effective insurance programs, based on corporate risk appetite, to transfer and fund risk

  • Develop and foster relationships with insurance companies and service vendors to assure access to, and acceptable administration of, insurance programs

  • Support contracts / subcontracts staff on various ICF projects and divisions with the review of contract activities that create risks and advise line and corporate management of the financial exposure and recommend appropriate risk mitigation techniques

  • Maintain ICF compliance, reporting and payments with Monopolistic (US) and Provincial (Canada) jurisdictions

  • Be the main POC for all claims and continually oversee activities, direction, and litigation

  • Provide and maintain COI’s and Insurance Reviews and Non- Standard Approvals for contracts

  • Perform risk and loss control analysis, and identify areas for improvement

  • Conduct M&A insurance and risk management due diligence and integration activities

  • Manage and update risk management departmental budget, forecasting, and finance options and payments

  • Work in conjunction with Health & Safety, Legal and HR to develop multiple internal ICF work policies for distribution and informational purposes

  • Maintain confidential and accurate records

 Basic Qualifications:

  • 10+ years of experience working in a corporate risk management department, or related insurance industry experience

  • Knowledge of contracts / subcontracts, insurance policies, loss control management, and claims administration procedures

  • Familiar with insurance strategy development and implementation of industry best practices

  • Bachelor’s degree, or years of experience in lieu of.

 Professional / Preferred Skills:

  • Ability to multi-task and provides responses as per SLA’s, i.e., 48-hours

  • Effective communication, organizational and analytical skills, and leadership capabilities

  • Ability to work independently in a fast paced and sometimes demanding environment

  • Proactive in seeking solutions and the ability to manage multiple changing priorities

  • Proficient in the MS Office suite

Working at ICF

Working at ICF means applying a passion for meaningful work with intellectual rigor to help solve the leading issues of our day. Smart, compassionate, innovative, committed, ICF employees tackle unprecedented challenges to benefit people, businesses, and governments around the globe. We believe in collaboration, mutual respect, open communication, and opportunity for growth.

We can only solve the world's toughest challenges by building an inclusive workplace that allows everyone to thrive. We are an equal opportunity employer, committed to hiring regardless of any protected characteristic, such as race, ethnicity, national origin, color, sex, gender identity/expression, sexual orientation, religion, age, disability status, or military/veteran status. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO & AA policy.

Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation please email and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations. Read more about non-discrimination:  EEO is the law and  Pay Transparency Statement.

Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position. The pay range for this position is

$151,786.00 - $258,036.00

COVID-19 Policy: The position you are applying to requires the selected employee(s) to provide proof of their full vaccination status which is defined as vaccinated two weeks after receiving the requisite number of doses of a COVID-19 vaccine approved or authorized for use by the FDA.

Reston, VA (VA30)

Risk Management

Who is ICF?

A global consulting services company with approximately 8,000 people across 75+ countries, but we are not your typical consultants.

Join our talent network

ICF is growing, and we add new open roles to our site regularly. If you're waiting for that perfect opportunity at ICF or want an inside look at what it's like to do world-changing work, join our talent network to stay updated.

Join our talent network

ICF is growing, and we add new open roles to our site regularly. If you're waiting for that perfect opportunity at ICF or want an inside look at what it's like to do world-changing work, join our talent network to stay updated.