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Director of Risk Management

Altom Transport

Chicago, Illinois, United States permanent

Posted: March 12, 2026

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Quick Summary

We are seeking a Director of Risk Management to oversee the risk management department and ensure compliance with industry regulations, while maintaining operational efficiency and safety protocols.

Job Description

About Altom Transport

Altom Transport is a premier bulk liquid and hazardous materials carrier serving the petroleum, chemical, and specialty product industries across North America. As a sister company of Al Warren Oil, we operate with a strong foundation of safety, compliance, and operational excellence. Our fleet of modern tank trailers and highly trained professional drivers deliver critical products that keep industries moving — from refineries and chemical plants to manufacturing facilities and commercial customers.

At Altom, safety is not just a department — it’s the core of who we are.

We are seeking a strategic, forward-thinking Director of Risk Management to lead enterprise-wide risk initiatives and strengthen our safety, compliance, insurance, and governance programs at our corporate headquarters in Hammond, Indiana.

Position Overview

The Director of Risk Management will be responsible for identifying, evaluating, and mitigating operational, financial, legal, regulatory, environmental, and strategic risks across Altom Transport’s multi-state bulk hazmat transportation operations.

This leader will partner closely with Safety, Operations, HR, Finance, and Executive Leadership to proactively reduce exposure, protect company assets, and ensure regulatory compliance within the highly regulated fuel and chemical transportation industry.

This is a high-impact executive-level role reporting directly to senior leadership.

Key Responsibilities

Risk Identification & Assessment

• Identify operational, financial, regulatory, safety, environmental, and strategic risks specific to bulk liquid and hazmat transportation.
• Conduct enterprise risk assessments, internal audits, and scenario analyses (DOT, FMCSA, OSHA, EPA, PHMSA, environmental exposure, cargo liability).
• Analyze accident trends, cargo claims, insurance loss runs, and operational exposures.

Risk Mitigation & Internal Controls

• Develop and implement risk mitigation strategies aligned with transportation and hazmat industry best practices.
• Establish internal controls to reduce claims frequency and severity.
• Recommend and implement policies, procedures, and training programs to minimize liability exposure.
• Strengthen contractual risk transfer strategies.

Insurance & Claims Management

• Oversee corporate insurance programs including:
• Auto liability
• Cargo
• General liability
• Environmental liability
• Workers’ compensation
• Umbrella and excess coverage
• Lead insurance renewals, broker negotiations, and coverage analysis.
• Manage claims handling, litigation coordination, and loss trend analytics.
• Maintain strong relationships with brokers, carriers, and legal counsel.

Compliance & Governance

• Ensure compliance with all federal, state, and local transportation regulations (FMCSA, DOT, OSHA, EPA, PHMSA).
• Support enterprise risk management (ERM) framework development and reporting.
• Monitor regulatory changes impacting the petroleum and chemical transportation industry.
• Partner with internal teams to ensure audit readiness.

Safety & Loss Prevention

• Collaborate with Safety and Operations leadership to reduce workplace incidents and vehicle accidents.
• Analyze preventability trends, near-miss data, and driver safety performance.
• Lead loss prevention initiatives and root-cause investigations.
• Drive a culture of proactive risk awareness across terminals.

Crisis & Incident Management

• Lead or support response to major accidents, hazmat spills, environmental incidents, and high-severity claims.
• Coordinate investigations and corrective action plans.
• Serve as executive liaison during crisis events.

Vendor & Contract Risk

• Review contracts for indemnification language, insurance requirements, and risk transfer provisions.
• Evaluate third-party carriers, vendors, and supply chain partners for risk exposure.
• Strengthen contractual protections across customer and vendor agreements.

Reporting & Executive Communication

• Report risk exposures, mitigation strategies, and KPIs to executive leadership.
• Develop dashboards and executive summaries on loss trends and compliance status.
• Train leadership and operational teams on risk awareness and mitigation strategies.


Requirements:
• Bachelor’s degree in Risk Management, Business, Finance, Law, or related field (Master’s preferred).
• 8+ years of progressive risk management experience, preferably in transportation, logistics, petroleum, chemical, or other regulated industries.
• Strong knowledge of:
• FMCSA, DOT, OSHA, PHMSA regulations
• Commercial auto and environmental liability insurance programs
• Claims management and litigation processes

• Experience leading insurance renewals and broker negotiations.
• Strong analytical skills with ability to interpret loss data and identify trends.
• Executive-level communication and presentation skills.
• Experience building enterprise risk management (ERM) frameworks preferred.
• Professional certifications such as ARM, CRM, CPCU, or similar are a plus.


Benefits:
At Altom Transport, risk management directly protects our drivers, customers, terminals, and communities. Our industry demands precision, compliance, and proactive leadership. This role is not reactive — it is strategic.

You will:

• Shape company-wide risk strategy.
• Protect a growing multi-terminal transportation network.
• Directly impact safety performance and financial stability.
• Work alongside experienced leadership committed to excellence.
• Build long-term infrastructure that supports company growth.

Benefits

• Medical & Dental insurance through BlueCross BlueShield.
• Vision coverage through VSP.
• Employer-provided Life and AD&D insurance ($25,000 coverage).
• Up to 20 days of PTO in your first year.
• 401(k) plan with company match — fully vested on Day 1.
• A supportive, family-oriented workplace where your hard work is appreciated.

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