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Sr Manager, Risk Management (Risk Manager)

Corporate - Richmond💼 Full-time💰 $111,700–$111,700🗓 2026-09-17 → 2026-09-26

Core

Develop, strategize, and execute CarMax's risk and insurance program for over 250 retail locations and 30,000 associates, with a specific focus on Workers' Compensation and commercial insurance.

Role type

Senior Manager, Risk Management (Insurance & Workers' Compensation)

Builds

Comprehensive insurance programs (Auto Liability, General Liability, WC, Property, etc.) and a Bermuda-based captive insurance company

Domain

Retail (Used Cars) / Insurance & Risk Management

Deliverable

Production insurance programs & infrastructure

Required skills

Risk management strategy, commercial insurance underwriting, Workers' Compensation program management, captive insurance administration, contract liability review, budget forecasting, SOX controls, stakeholder negotiation

Preferred skills

None explicitly stated

Technologies

Microsoft Office (Excel, Word, PowerPoint, Outlook)

Responsibilities

Lead overall strategy for all commercial insurance programs and renewals; manage Workers' Compensation strategy and claims resolution; direct strategy for complex litigated claims; manage the Bermuda-based captive insurance company; prepare annual budgets and present to Executive Leadership; serve as subject matter expert on risk management and contract reviews

Seniority

Senior Manager, strategic leadership & team management

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