drjobs Insurance & Corporate Risk Manager

Insurance & Corporate Risk Manager

Employer Active

1 Vacancy
drjobs

Job Alert

You will be updated with latest job alerts via email
Valid email field required
Send jobs
Send me jobs like this
drjobs

Job Alert

You will be updated with latest job alerts via email

Valid email field required
Send jobs
Job Location drjobs

Chicago, IL - USA

Yearly Salary drjobs

$ 110880 - 166320

Vacancy

1 Vacancy

Job Description

Job Description Summary

The Insurance & Corporate Risk Manager plays a key role in executing GE HealthCares global risk management strategy. This position is responsible for managing insurance program operations claims oversight and compliance activities.

Operating with autonomy within established frameworks the Risk Manager utilizes in-depth knowledge of insurance and risk management disciplines and applies analytical thinking to support program execution risk mitigation and regulatory adherence. The role collaborates across functions to ensure functional continuity financial accuracy and operational excellence. This position will be reporting to the Associate Director Global Risk Management & Insurance and work closely with the Risk Management Team.

GE HealthCare is a leading global medical technology and digital solutions over 100 years of healthcare industry experience and around 50000 employees globally the company operates at the center of an ecosystem working toward precision health digitizing healthcare helping drive productivity and improving outcomes for patients providers health systems and researchers around the world.

Job Description

Insurance & Risk Management is responsible for protecting GE HealthCare and its shareholders from unforeseen loss. The Risk Management & Insurance function coordinates global insurance coverages sets the strategy and guidelines for risk management efforts and insurance procurement at the subsidiary level as well as partners with business functions to identify assess and manage risks.

Responsibilities

  • Insurance Program Operations Risk Analytics & Reporting Compliance & Documentation Systems & Tools Maintenance Communications and Stakeholder engagement and Project and Process Support

  • Execute insurance renewal processes including data collection underwriting coordination and strategy implementation

  • Conduct exposure analysis support actuarial reviews and manage dashboards and KPIs

  • Oversee Casualty claims processes including high-frequency and complex claims and support Casualty loss prevention initiatives

  • Coordinate with Finance on budget forecasts monthly accruals and support TCOR uploads

  • Manage post-bind deliverables policy issuance and insurer/broker relationships for various processes

  • Responsible for end-to-end management of global Surety program including day to day management of brokers primary contact for internal stakeholders and invoicing process

  • Create and manage content for the Risk Management website and internal communication platforms

  • Ensure compliance with AML/KYC SOX and regulatory requirements working closely with internal partners

  • Support M&A integration

  • Administer insurance systems and ensure data integrity across platforms

  • Support contract review inquiries process

  • Track and report on KPIs operations metrics and compliance with internal/external standards

  • Maintain accurate records in Origami and TeamSite; support audit readiness and documentation standards

  • Create and maintain workplans SOPs job aids and compliance documentation

  • Origami system report creation training and implementation documentation for accountable processes

  • Upload and maintain renewal materials and documentation in collaboration platforms (e.g. TeamSite Origami)

  • Support internal communications related to insurance renewals and risk initiatives

  • Leads or supports small-scale projects with low risk and resource requirements including audits SOP development and stakeholder training

  • Document procedures and build a knowledge base of repeatable solutions

Qualifications

  • Bachelors degree in Finance Business Risk Management or related field

  • 6 years of experience in corporate risk or insurance operations

  • Strong understanding of insurance placement claims and compliance

  • Proficiency in data analysis and risk reporting tools

  • Experience with insurance systems (e.g. Origami) and document management platforms (SharePoint)

  • Strong communication judgment problem-solving and organizational skills

  • Ability to operate with autonomy prioritize effectively and navigate ambiguity

Desired Characteristics

  • Experience in a global or highly regulated corporate environment preferably for a large similar industry

  • Experience with LEAN methodologies and a strong understanding of continuous improvement principles

  • Proven ability to develop track and analyze Key Performance Indicators (KPIs) to drive performance and operational efficiency

  • Applied knowledge of insurance and risk management principles and accounting

  • Professional certifications such as ARM CPCU or equivalent

  • Experience with insurance systems (e.g. Origami Riskonnect)

We expect all employees to live and breathe our behaviors: to act with humility and build trust; lead with transparency; deliver with focus and drive ownership always with unyielding integrity.

Our total rewards are designed to unlock your ambition by giving you the boost and flexibility you need to turn your ideas into world-changing realities. Our salary and benefits are everything youd expect from an organization with global strength and scale and youll be surrounded by career opportunities in a culture that fosters care collaboration and support.

#LI-BR3

#LI-Onsite/Hybrid

For U.S. based positions only the pay range for this position is $110880.00-$166320.00 Annual. It is not typical for an individual to be hired at or near the top of the pay range and compensation decisions are dependent on the facts and circumstances of each case. The specific compensation offered to a candidate may be influenced by a variety of factors including skills qualifications experience and addition this position may also be eligible to earn performance based incentive compensation which may include cash bonus(es) and/or long term incentives (LTI). GE HealthCare offers a competitive benefits package including not but limited to medical dental vision paid time off a 401(k) plan with employee and company contribution opportunities life disability and accident insurance and tuition reimbursement.

While GE HealthCare does not currently require U.S. employees to be vaccinated against COVID-19 some GE HealthCare customers have vaccination mandates that may apply to certain GE HealthCare employees.


Required Experience:

Manager

Employment Type

Full-Time

Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.