Global Risk & Insurance Manager Pharmaceutical Manufacturing Budapest
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Job Location:
Monthly Salary:
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Our client is a globally operating pharmaceutical company with a strong international footprint. On their behalf we are looking for an experienced Group Risk & Insurance Manager to lead the companys enterprise risk management insurance strategy and financial risk oversight across the group.
This is a strategic leadership role responsible for shaping the companys risk framework ensuring business resilience and partnering closely with executive leadership.
Key Responsibilities
- Represent the company in matters requiring corporate signatory authority including company representation and bank signatory responsibilities in line with corporate governance rules.
- Develop implement and regularly review the Group Risk Management strategy and policies ensuring effective execution across the organization.
- Define and oversee the framework for financial risk management including treasury-related risks and investment portfolio oversight in close collaboration with relevant internal stakeholders.
- Monitor financial risks and performance indicators and manage ad-hoc financial risk situations when necessary.
- Develop and manage the framework for operational (non-financial) risk management including risk self-assessments incident databases and key risk indicators.
- Establish maintain and regularly test the companys Business Continuity Management (BCM) framework including crisis management plans.
- Develop and oversee the Group-wide insurance strategy ensuring optimal insurance coverage and cost-efficiency across the organization.
- Lead negotiations and contracting of insurance policies supervise claims management and propose measures to mitigate insurable risks.
- Oversee the Customer Risk Management (CRM) framework related to customer credit risk including export credit insurance bank guarantees and other financial securities.
- Manage the tendering and negotiation processes with banks and insurance providers maintaining relationships with subsidiaries insurers brokers and other external partners.
- Prepare and present risk and insurance reports for senior leadership including the CFO Executive Team and Audit Committee.
- Establish and continuously improve risk governance documentation and internal policies.
- Lead and develop the Group Risk & Insurance team supporting capability development and process improvements.
- Participate in corporate and IT transformation projects including initiatives related to CRM systems and S/4HANA implementation
Requirements
- University degree in Economics Finance or a related field
- Fluent English (written and spoken)
- 10 years of professional experience in risk management finance insurance or related areas
- At least 5 years of leadership experience preferably in an international environment
- Strong negotiation and communication skills particularly with financial institutions and executive stakeholders
- Experience presenting to senior leadership and board-level committees
- Proven ability to analyze and manage complex business processes and financial risks
- Experience working with subsidiary structures and cross-border operations
Key Competencies
- Strategic leadership and team development
- Strong decision-making capability
- Ability to motivate and engage teams
- Systems thinking and structured problem solving
- Innovation mindset
- Change management in complex organizations
- Commitment to continuous development
- Strong collaboration skills
- Results-oriented approach
What Our Client Offers
- A high-impact leadership role within a globally operating pharmaceutical organization
- Opportunity to shape and develop Group-level risk and insurance strategy
- Collaboration with senior executives and international stakeholders
- Participation in major corporate transformation initiatives
Required Experience:
Manager
