Laura Woop

Laura Woop

Director of Risk Management, Payments and Credit Services


Tiffany & Co.

New York, NY USA


Don’t be risk averse—be risk aware.

Milestones

Milestones

My road in life has taken me all over.
Was raised in a middle-class blue-collar family—her mother was a nurse and her father was a police officer.
Because of how she grew up, going to college was never really pushed on her, so it was a challenge figuring it all out.
Attended Montclair State University, where she earned a bachelor’s degree in accounting.
Was recruited by Tiffany & Co. right out of college and started working in their internal audit department.
Thought that the audit department were seen as the “bad guys” and didn’t want to be part of a department no one liked, so she made the switch to the tax department.
Worked in the tax department at Tiffany & Co. for over five years before deciding she was ready to do something new and making another switch over to the risk department.
Admits that when she first got involved in risk management, she knew nothing about insurance beyond her own personal auto and home policies.
Looking back, she says working in risk management is when her career really began—has been working for Tiffany & Co. for over 20 years now.
Keep following my journey
Education

Education

highschool
High School
undergrad
Bachelor
Accounting
Montclair State University
Career

Career

Director of Risk Management, Payments and Credit Services

I manage global insurance & operational risk, customer payments, fraud, and credit at Tiffany & Co.

Career Roadmap

Roadmap
My work combines:
My work combines:
Business
Business
Numbers
Numbers
Learning / Being Challenged
Learning / Being Challenged

Day to Day

No two days are alike. With diverse responsibilities, there is always something brewing that needs attention. A day in the life tends to include problem-solving and partnering with other business units to support business goals.

Skills & Qualities Beyond School

Great communication skills are key, without a doubt. The ability to collaborate and network are important as well. You need to know what is happening across the business in order to facilitate mitigation of risk exposures.

Advice for Getting Started

Here's the first step for college students

Research how to get involved in the risk and insurance management world. Internship opportunities would be a great place to start.

Recommended Education

My career is not related to what I studied. I'd recommend this path instead:

undergrad
Bachelor
Insurance
Hurdles

Hurdles

The Noise I Shed

From Myself:

"I don't know anything about insurance."

When I first started in risk management, I knew nothing about insurance and the industry. I took the position mainly in an attempt to stay at the company and learn something new. I committed myself to learning all I could by reading our insurance policies and connecting and collaborating with colleagues that knew more than me.

Challenges I Overcame

First-Generation College Student
First-Generation College Student

My parents were blue collar workers and college was never really pushed on me growing up. I had to figure out a lot of the details myself.

Work Stress
Work Stress

I've had colleagues that I didn't get along with which impacted my career advancement. I've also experienced moments where I was being forced into a role that I didn't want and my resistance was met with a lot of opposition.