Senior Risk Manager

Summary:This position is responsible for directing and coordinating a comprehensive global Risk Management and Insurance program for the corporation and providing all risk management services to the organization.This position exists to protect the assets and resources of the corporation by identifying and quantifying loss exposures and applying techniques to avoid, transfer, reduce and/or insure risks with the most comprehensive and cost-effective coverage available. Techniques include avoiding high hazard activities, contractual risk transfer, crisis management planning and managing the design and procurement of the corporate insurance program.Responsibilities:Manage the structuring, marketing and procurement of all insurance, except employee benefits, to protect the corporation's worldwide operations from insurance risks in order to secure the most comprehensive and cost-effective coverage available.Identify and analyze global risk exposures to assess insurance and non-insurance risk transferEvaluate and recommend risk retention levels by guiding and supervising the activity of the corporate insurance broker, fostering insurer relationships, performing the collection of all underwriting information, enhancing coverage to meet changing operations, and evaluating insurance products that are not currently purchased.Identify exposures and become informed on local customs, laws and regulations of each international locationExplore merits of a captive insurance company and other alternative risk financing optionsDevelop insurance budget and premium allocations; provide summary information for each operation; create cost of risk for each operation; provide frequency/severity analyses as needed.Analyze self-insured programs to identify trends, mitigate future losses and determine adequate insurance reserves.Team with operations Human Resources management and external claims administrators to insure effective worker's compensation claims management, documentation, reserving and the minimization of loss costs.Team with operations, internal management, outside counsel, brokers, claims adjusters and others to manage the development and presentation of property, marine and liability claims, and interface with insurance adjusters, brokerage and other external consultants to provide maximum recovery at the earliest possible date.Review acquisition and divestiture agreements and other contracts to ensure that Risk Management and insurance issues are property addressed.Review all significant agreements involving construction projects, leases, contracts and/or product development and vendor services to recommend insurance and indemnity wording, and interface with internal legal counsel and, as necessary, external legal counsel, business managers and other parties to the agreement to negotiate final provisions.Partner with corporate leadership and operations management to develop and maintain a Crisis Management and Corporate Business Recovery Plan, including the development and implementation of an Emergency Response Plan and an Emergency Response Team.Ensure that contingency plans are developed, reviewed and tested for high risk functional areas.RequirementsBachelors degree in related field (Masters preferred)10-15+ years experience in related fieldManufacturing industry experience: 5-7+ yearsOther Preferred:Working with senior management teams /executivesStrong self-management skills and attention to detail.Significant experience in insurance sector with all aspects of risk management.Scope of Role:The descriptions contained herein are intended to describe the general nature and level of work being performed by people assigned to this role. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel in this classification. Other duties or responsibilities may be added at management's sole discretion. Moreover, this description excludes the marginal functions of the position that are incidental to the performance of the fundamental job duties. Employees are expected to follow any job-related instructions and to perform any other job-related duties requested by the supervisor.Physical Requirements:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. In accordance with the Company's ADA Policy, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.This job operates at times in a manufacturing plant environment. This role routinely will be required to walk up and down stairs, observe through vision and hearing, and may be exposed to heat, cold, and loud noises intermittently.This job also operates in a professional office environment. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. The noise level in the work environment is usually moderate.While performing the duties of this position, the employee is regularly required to talk or hear. The employee frequently is required to use hands or finger, handle, or feel objects, tools or controls. The employee is frequently required to stand; walk; sit; reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this position include close vision, color vision, peripheral vision, and the ability to adjust focus.At Will Status:This document does not create an employment contract, implied or otherwise. Employees in this position are employed "at will."EEO/ Affirmative Action:The Company is committed to providing equal employment opportunity for all applicants and employees. The Company will not discriminate against any employee or applicant on the basis of race; color; sex (including sexual orientation and/or gender identity); marital status; pregnancy, childbirth, or related medical conditions; creed; religion; national origin; citizenship status; ethnicity; age; disability; genetic information; HIV/AIDS status; veteran or service member status; or any other category protected by federal, state or local law. It is the Company's policy not to request any employees geneticinformation or to make any employment decision based on genetic information.The Company is committed to advancing the principles of equal employment opportunity through its affirmative action plan which it maintains in accordance with all legal requirements in order to provide equal employment and advancement opportunities to all employees and applicants for employment with the Company regardless of their race, color, gender, disability, and veteran status