Jim Bettner

About Jim Bettner

RISK MANAGEMENT PROFESSIONAL | INSURANCE AND COMPLIANCE LEADER Strategic and…

Experience

1. Associate Vice President, Risk Management, Insurance and Compliance

   Luxottica

   Jun 1994 — Present · Mason, OH, US

   Leveraged experience as seasoned risk management executive with expertise in evaluating property, casualty and financial insurance programs for the most effective way of reducing the Total Cost of Risk (TCOR). Led the transition of risk management functions for multiple acquisitions leading to savings over $15 MM in premiums and loss cost savings.• Propelled team to support tremendous growth of business which grew from about $1B to $10B in North America over tenure; supporting brands including LensCrafters, Sunglass Hut, Oakley, and others with more than locations across NA. • Spearheaded the integration of risk and insurance programs resulting from the significant number of mergers, acquisitions and divestitures, resulting in synergies and savings of over $5 MM.• Worked closely with corporate risk management in Europe on coordination of master programs and large claims impacting global operations; cost reductions of $5 MM in past several years.• Cultivated risk management team of 9, incl. accounting, claims, risk, insurance and ERM; through relationships and engagement of all partners incl. brokers, TPAs, actuary, and operations. Guided RFPs for TPAs and broker selection resulting in significant savings of over $1MM.• Assessed, managed, and reported results of risk mgmt. progs. to Execs. highlighting problem areas and obtaining funding for ergonomic programs. Ergonomic chgs. in operations resulted in continued WC loss rate reductions, over $3 MM over last 4 years.• Achieved savings of over $3MM in Workers’ Compensation savings since 2018, when brought into the department. Resulted from driving settlements and quick resolution of claims through close alignment with TPA and outside counsel on litigated claims, along use of operational analytics.

Education

• University of Cincinnati College of Business

  Bachelor's degree