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Laura Woop
Laura Woop
01:18

Laura Woop

Tiffany & Co.

New York, NY USA

"Don’t be risk averse—be risk aware."

Career Roadmap

Laura's work combines: Business, Numbers, and Learning / Being Challenged

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Day In The Life

Director of Risk Management, Payments and Credit Services

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

02:58

Day In The Life Of A Director Of Risk Management

My 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 & Education

Advice for getting started

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.

Here's the path I took:

  • High School

  • Bachelor's Degree

    Accounting

    Montclair State University

Here's the path I recommend for someone who wants to be a Financial Risk Specialists:

High School

Bachelor's Degree: Insurance

Learn more about different paths to this career

Life & Career Milestones

I've taken a lot of twists and turns

  • 1.

    Was raised in a middle-class blue-collar family—her mother was a nurse and her father was a police officer.

  • 2.

    Because of how she grew up, going to college was never really pushed on her, so it was a challenge figuring it all out.

  • 3.

    Attended Montclair State University, where she earned a bachelor’s degree in accounting.

  • 4.

    Was recruited by Tiffany & Co. right out of college and started working in their internal audit department.

  • 5.

    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.

  • 6.

    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.

  • 7.

    Admits that when she first got involved in risk management, she knew nothing about insurance beyond her own personal auto and home policies.

  • 8.

    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.

Defining Moments

How I responded to discouragement

  • THE NOISE

    Messages from Myself:

    I don't know anything about insurance.

  • How I responded:

    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.

Experiences and challenges that shaped me

Click to expand

  • 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.

  • 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.