Manager Global Insurance Risk Management

Overview

Responsibilities

• Collects current and historical exposure information and prepares annual underwriting data for submissions to the brokers/insurance markets on a timely basis for all risk insurance programs
• Verifies accuracy of insurance policies and endorsements; follows up with brokers, as necessary, for policies and endorsements
• Manages annual data audits of casualty programs
• Requests and tracks surety bonds, as needed
• Manages timely and accurate payment of all risk management expenses; prepares monthly tracking
• Prepares cost of risk allocations to business units; communicates with HBI accounting
• Facilitates insurance, claims and risk management integration for newly acquired companies
• Manages outgoing certificate of insurance and vehicle ID card requests; archives incoming certificates
• Tracks contracts with outside vendors (RMIS, property loss control, etc.)
• Works with insurers and state self-insurance departments to minimize letters of credit
• Assures that the Risk Management Policy Digest and Insurance Coverage Summaries (produced by brokers) and other pertinent documentation are kept updated

• Manages all Risk Management Information Systems – oversees relationships, data conversion projects/processes, users, etc.
• Reviews losses, development factors and claims information for quarterly actuarial reserve analysis; prepares memo to accounting with results and works with Internal Audit’s SOX team on compliance
• Reports marine cargo stockthroughput claims to MCST broker
• Reports all vehicle, general and product liability claims to casualty TPA
• Coordinates claims investigations/resolutions, as needed
• Works in tandem with legal department on litigated casualty claims; attends NC workers’ comp mediations
• Manages TPAs’ adjusters, and coordinates periodic claim file reviews

Qualifications

• College degree with major in finance, accounting or risk management
• CRM, ARM or CPCU designations

• Three years’ business experience, minimum of two years within risk management (preferably connected with manufacturing or retail), or insurance company or brokerage experience handling national or global accounts
• Demonstrated capabilities in the major areas of responsibilities described above

Competencies or behavioral characteristics required to the accomplish primary accountabilities of job:

• Excellent oral and written communication skills
• Strong interpersonal skills; must be able to interface with all levels of operating unit associates and corporate staff
• Highly developed organizational skills; must be detail oriented and comfortable working with numbers
• Computer skills, experienced in Windows environment, Word, Excel, Access, and Microsoft Outlook software and use of on-line claims information systems
• Time management skills, flexible and able to handle a variety of tasks simultaneously