Director of Risk Management

Company Overview

Foundation Building Materials (FBM) is a leading construction materials distribution company serving the commercial and residential construction markets across United States and Canada.  In conjunction with Unified Door & Hardware Group (UDHG), a premier provider of commercial door, frame, and hardware solutions, FBM supports a broad range of construction and architectural projects nationwide.

Together, FBM and UDHG’s 8,000+ Team Members are committed to operational excellence, innovation, and employee development.  By combining scale, specialty expertise, and a customer-first mindset, we deliver high-quality products and services to contractors, builders, and project teams across diverse markets.  As the organization continues to grow and evolve following the recent acquisition by Lowe’s, we are investing in strong, forward-thinking talent to support our long-term success.

Position Overview

The Director of Risk Management is responsible for leading the strategic development, implementation, and oversight of the Company's enterprise risk management, insurance, claims administration, analytics and RMIS system. This role partners closely with executive leadership, operations, safety, human resources, legal, and third-party administrators to identify, assess, mitigate, and monitor organizational risks across FBM's operations throughout North America.

The Director of Risk Management provides leadership and direction for workers' compensation, auto liability, general liability, property, and other corporate insurance programs while driving initiatives that reduce loss exposure, improve claims outcomes, and support a culture of safety and accountability. This position requires substantial discretion and independent judgment in evaluating risk exposures, developing risk mitigation strategies, negotiating with insurance partners, and recommending solutions that align with organizational objectives.

A critical component of this role is serving as the organizational leader and subject matter expert for Origami Risk, including system administration oversight, data integrity, reporting, analytics, workflow optimization, and strategic utilization of the platform to support claims management, risk analysis, and enterprise decision-making.

• Develop and execute the organization's enterprise risk management strategy to identify, assess, monitor, and mitigate operational, financial, legal, and strategic risks
• Establish risk management policies, procedures, and best practices that align with corporate objectives and regulatory requirements
• Partner with executive leadership to evaluate emerging risks and develop proactive mitigation strategies
• Lead enterprise-wide risk reporting and provide recommendations to senior leadership regarding risk exposure and control measures
• Monitor trends and industry developments that may impact the Company’s risk profile

• Direct the administration of all corporate insurance programs, including workers' compensation, auto liability, general liability, property, umbrella, cargo, and other coverages
• Manage relationships with insurance carriers, brokers, third-party administrators, and other risk management service providers
• Project manage annual insurance renewals and ensure accurate and timely data submission to brokers
• Analyze insurance program performance and recommend adjustments to optimize coverage and control costs
• Support contract review processes by evaluating insurance requirements and risk transfer provisions

• Oversee the administration and resolution of workers' compensation, auto liability, general liability, and property claims
• Oversee the third-party administrator program and overall department processes
• Review significant claims exposures and develop strategies to reduce financial impact and operational disruption
• Drive initiatives that improve claim outcomes, reduce frequency and severity, and support alternative return-to-work programs

• Serve as the executive owner and primary business leader for the Origami Risk platform across the organization
• Collaborate with internal stakeholders and external partners to maximize platform functionality and business value
• Identify opportunities for automation, process improvement, and enhanced utilization of Origami Risk capabilities
• Lead system enhancements, upgrades, implementations, and integration initiatives related to claims and risk management operations
• Ensure accurate and timely reporting of risk, claims, and loss data to support strategic decision-making

• Analyze claims trends, loss experience, insurance costs, and operational risk indicators
• Utilize data analytics to identify root causes of losses and opportunities for continuous improvement
• Establish key performance indicators and benchmarks to measure program effectiveness
• Provide actionable recommendations based on risk and claims data analysis

• Ensure compliance with applicable federal, state, provincial, and local regulations related to risk management, insurance, and claims administration
• Maintain documentation and reporting necessary to support audits, regulatory inquiries, and insurance requirements
• Partner with Legal, Safety, and Human Resources teams on compliance-related initiatives and risk mitigation strategies
• Support litigation management efforts and coordinate with legal counsel as necessary

• Provide exceptional, simple process improvements to streamline tasks for the Risk team
• Provide leadership, coaching, and development to risk management personnel and support teams
• Influence organizational decision-making by providing expert guidance on risk-related matters
• Promote a culture of accountability, proactive risk management, and continuous improvement throughout the organization

• Bachelor's degree in Risk Management, Business Administration, Finance, Insurance, Occupational Safety, or a related field
• 8+ years of progressive risk management, insurance, claims administration, or related experience
• 5+ years of leadership experience managing risk management programs and initiatives
• Extensive experience managing workers' compensation, liability, and property insurance programs
• Experience driving process improvements with exceptional organizational skills
• Demonstrated experience utilizing Origami Risk or similar enterprise risk management and claims management platforms
• Strong knowledge of insurance principles, claims administration, risk financing, and loss prevention strategies
• Experience working with third-party administrators, insurance carriers, brokers, and legal counsel
• Strong analytical, problem-solving, and strategic planning skills
• Excellent communication, presentation, and relationship management abilities
• Proficiency with Microsoft Office Suite, reporting tools, and data analytics platforms

• Professional certifications such as ARM, CRM, CPCU, RIMS-CRMP, or equivalent
• Experience in distribution, logistics, transportation, manufacturing, construction materials, or related industries
• Experience leading enterprise-level risk management programs across multiple locations
• Advanced knowledge of claims analytics, risk technology platforms, and process automation

• Base: $140,000 - $160,000 annually
• Bonus: 30% Target Bonus
• Total Compensation (Base + Bonus): The successful candidate could reasonably expect a Total Compensation Package in the range of $182,000 - $208,000
• Equity: This role is eligible for equity opportunities, awards, or grants.

• Medical, Dental and Vision plans with leading national providers
• Health Savings Account (HSA) / Flexible Spending Account (FSA)
• Company Provided Basic Life and Accident Death & Dismemberment (AD&D)
• Voluntary Life and Accidental Death & Dismemberment (AD&D)
• Critical illness, Hospital Indemnity, Accident Coverage
• Legal Insurance Plan
• Paid Time Off (PTO) & Paid Company Holidays
• 401(k) plan with generous company match

Equal Opportunity Employer

Foundation Building Materials is an Equal Opportunity Employer and committed to providing equal employment opportunities to all individuals, including those with disabilities. We value diversity and inclusion and are dedicated to creating a workplace where all employees feel respected and empowered. All employment decisions are based on business needs, job requirements, merit, and individual qualifications, without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability status, genetic information, veteran status, or any other characteristic protected by federal, state, or local law. 

In accordance with the Americans with Disabilities Act (ADA) and applicable state and local laws, we provide reasonable accommodations to qualified individuals with disabilities to help them perform the essential functions of their job. If you need assistance or an accommodation during the application process or while employed, please contact Human Resources at Talent@myfbm.com.

Posting Period

This job will be posted for at least 5 days, starting on the initial postdate reflected above.