Mark Yarmolich serves as the Vice President of Risk Management at Apache Industrial Services, where he plays a pivotal role in shaping the organization’s approach to risk mitigation and insurance strategy. With a goal-driven leadership style, Mark excels in fostering a productive environment that encourages...
Mark Yarmolich serves as the Vice President of Risk Management at Apache Industrial Services, where he plays a pivotal role in shaping the organization’s approach to risk mitigation and insurance strategy. With a goal-driven leadership style, Mark excels in fostering a productive environment that encourages high performance among his team members. His ability to motivate and coach coworkers not only enhances team dynamics but also drives the organization toward achieving its strategic objectives.
In his current role, Mark has successfully leveraged broker and carrier relationships to negotiate favorable terms, resulting in a flat renewal of insurance premium rates for the rapidly growing organization. This achievement underscores his expertise in commercial insurance and business strategy, as he adeptly navigates the complexities of the insurance landscape. Additionally, Mark has spearheaded the development of internal claims operations, which has significantly reduced the costs associated with Workers’ Compensation. This initiative has had a direct impact on the Experience Modification Rate (EMR), ultimately benefiting the company’s bottom line.
Mark’s proficiency in contract review processes ensures that high-volume commercial contracts are meticulously managed, maintaining compliance with internal practices and terms. His skills in enterprise risk management, problem-solving, and disaster recovery are instrumental in creating a robust framework for mitigating potential liabilities. With a strong foundation in claim investigation and due diligence, Mark is committed to enhancing the overall risk management strategy at Apache Industrial Services, positioning the company for sustainable growth and resilience in an ever-evolving industry landscape.