Director of Insurance
Director of Insurance
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$ 157562 - 236484
1 Vacancy
Job Description
Weyerhaeuser Companys vision is to become the best forest products company in the world. For more than a century weve been growing trees and making forest products that improve lives in fundamental ways. We manage our millions of acres of forests on a continuous and fully sustainable cycle. We are responsible stewards of our land for multiple uses including recreation conservation economic development and different forms of renewable energy. And the wood products we make are used to build homes where families are sheltered and raised. We are an industry leader with over $7 billion in sales $16 billion in assets 10 million acres of timberlands 9300 employees and 35 wood products manufacturing locations.
Role Responsibilities:
Reporting to the Vice President Treasurer this position is responsible for leading the corporate insurance program for the company and its subsidiaries worldwide. Key responsibilities include:
- Establishing operating policies and overseeing the planning management and execution of corporate insurance strategies.
- Providing leadership on risk and insurance issues to ensure cost-effective insurance programs.
- Minimizing the financial impact of accidental losses by:
- Identifying eliminating and controlling potential risks.
- Managing claims handling and funding strategies.
- Utilizing funding vehicles such as self-insurance captive insurance and traditional insurance products.
- Collaborating with key stakeholders including senior management legal teams safety teams and business leaders to align insurance strategies with company objectives.
- Supporting the assertion of claims against the companys legacy insurance carriers for long-tail claims.
- Ensure corporate risk management strategy aligns with overall financial goals.
Basic Qualifications:
To qualify for this role you must meet the following requirements:
- Education: A college degree in related fields such as insurance finance accounting or loss prevention.
Experience:
- 10 years of experience in the industry with at least 5 years in risk management or insurance.
- Experience in insurance markets and industry practices contract review and negotiations underwriting processes claims notification and handling reinsurance and captive management.
Skills & Knowledge:
- Strong analytical and conceptual skills with the ability to adapt to changing markets.
- Knowledge of accounting principles and practices business contract law captive insurance tax laws (preferred but not required).
- Excellent management leadership and interpersonal/communication skills.
- Ability to represent the companys interests and maintain strong relationships with brokers insurance markets and industry executives.
- Willingness to master details of companys current and legacy insurance program.
- Proficiency in learning and using various information systems and software applications.
What We Offer:
Compensation: This role is eligible for our annual merit-increase program and we are targeting a salary range of $157562-$236484 based on your level of skills qualifications and experience. You will also be eligible for our Annual Incentive Program which offers a cash bonus targeting 25% of base pay based on skills qualifications and experience. Potential plan funding may range from zero to two times that target.
Benefits: When you join our team you and your dependents will be offered coverage under our comprehensive employee benefits plan which includes medical dental vision short and long-term disability and life insurance. We offer a pre-tax Health Savings Account option which includes a company contribution. Other benefit options are also available such as voluntary Long-Term Care and Employee Assistance Programs. We also support personal volunteerism sponsor a host of diversity networks promote mentoring and provide training and development opportunities to help you chart your path to a fulfilling career.
Retirement: Employees are able to enroll in our companys 401k plan which includes a paid company match in addition to our annual contribution equal to 5% of your base salary.
Paid Time Off or Vacation: We provide eligible employees who are scheduled to work 25 hours or more per week with 3-weeks of paid vacation to use during your first year of employment. In addition after being employed for six months eligible employees begin to accrue vacation for future use. We also recognize eleven paid holidays per year providing a total of 88 holiday hours and paid parental leave for all full-time employees.
Attention Internal Applicants: To ensure transparency across the organization please have a discussion with your manager prior to applying for any new opportunities. If you need any help facilitating this conversation please reach out to your HR Representative for more information on how to apply including best practices for updating your profile or partnering with HR and Recruiting please visit our internal applicant page on Roots: is an equal opportunity employer. Inclusion is one of our five core valuesand we strive to maintain a culture where all our people feel a sense of belonging opportunity and shared purpose. We are committed to recruiting a diverse workforce and supporting an equitable and inclusive environment that inspires people of all backgrounds to join stay and thrive with our team.
Required Experience:
Director
Employment Type
Full-Time
