Associate Director, US Insurance
East Hanover, NJ - USA
Job Summary
Band
Level 5Job Description Summary
Are you passionate about protecting organizations through strategic risk management and innovative insurance solutions As Associate Director US Insurance you will play a critical role in shaping and executing Novartis U.S. commercial insurance strategy while serving as a trusted advisor to business leaders across the this highly visible position you will lead insurance placements oversee complex claims manage broker relationships and provide expert guidance on risk transfer contractual protections and insurance governance.This is an exceptional opportunity for a risk management professional to influence strategic decisions and contribute to the resilience and long-term success of a global healthcare leader.
Job Description
Key Responsibilities
Lead the negotiation placement and renewal of U.S. commercial insurance programs in alignment with the global insurance and risk-transfer strategy.
Manage complex insurance claims and partner with Legal brokers insurers and business stakeholders to protect company interests and maximize coverage outcomes.
Oversee insurance brokers and third-party service providers establishing performance standards and ensuring cost-effective high-quality support.
Provide expert guidance on contractual risk-transfer provisions insurance requirements construction projects clinical trials supply-chain agreements and evidence-of-insurance processes.
Lead insurance-related budgeting forecasting variance analysis SOX reporting and compliance activities.
Support strategic initiatives including M&A integration process optimization risk analysis and continuous improvement projects within the Corporate Insurance function.
Essential Requirements
Bachelors degree in Risk Management Finance Business Administration Insurance Law or a related field.
Significant experience managing commercial insurance programs risk transfer strategies and complex claims in a corporate environment.
Strong knowledge of insurance policy placement underwriting contractual risk transfer and insurance program governance.
Experience managing insurance brokers external service providers and cross-functional stakeholder relationships.
Strong financial acumen with experience supporting budgets forecasting reporting and compliance activities.
Excellent analytical negotiation communication and project management skills with the ability to influence stakeholders across a matrix organization.
Desirable Requirements
Professional insurance designations such as CPCU ARM CRM or equivalent certifications.
Experience supporting mergers and acquisitions global insurance programs or multinational organizations.
Experience leveraging approved AI tools advanced analytics automation or digital solutions to enhance risk assessment reporting decision-making and operational efficiency.
Why Novartis
At Novartis our purpose is to reimagine medicine to improve and extend peoples lives. As Associate Director US Insurance you will help safeguard the organization through innovative risk management strategies and strong business partnerships. Working with stakeholders across the U.S. and globally you will contribute to critical decisions that support business continuity operational excellence and long-term organizational resilience.
Benefits & Rewards
The salary for this position is expected to range between $132300 - $245700 USD annually.
The final salary offered is determined based on factors including but not limited to relevant skills experience and qualifications. Upon joining Novartis compensation is reviewed periodically and salary ranges may be adjusted based on company and market factors.
Your compensation will include a performance-based cash incentive and depending on the level of the role eligibility to be considered for annual equity awards.U.S.-based eligible employees will receive a comprehensive benefits package that includes health life and disability benefits a 401(k) with company contribution and match and a variety of additional benefits. Employees are also eligible for a generous time-off package including vacation personal days holidays and other leave programs.
To learn more about the culture rewards and benefits we offer our people click here.
Commitment to Diversity and Inclusion
Novartis is committed to building an outstanding inclusive work environment and diverse teams representative of the patients and communities we serve.
The Novartis Group of Companies are Equal Opportunity Employers and take pride in maintaining a diverse environment. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion gender national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status. We are committed to building diverse teams representative of the patients and communities we serve and we strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and Accommodation
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities.
If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or in order to perform the essential functions of a position please send an email to or call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
EEO Statement:
The Novartis Group of Companies are Equal Opportunity Employers. We do not discriminate in recruitment hiring training promotion or other employment practices for reasons of race color religion gender national origin age sexual orientation gender identity or expression marital or veteran status disability or any other legally protected status. We strive to create an inclusive workplace that cultivates bold innovation through collaboration and empowers our people to unleash their full potential.
Accessibility and reasonable accommodations
The Novartis Group of Companies are committed to working with and providing reasonable accommodation to individuals with disabilities. If because of a medical condition or disability you need a reasonable accommodation for any part of the application process or in order to perform the essential functions of a position please send an e-mail to call 1 and let us know the nature of your request and your contact information. Please include the job requisition number in your message.
Range
Skills Desired
Compliance And Controls (Inactive) Critical Thinking E2E Process View (Inactive) Financial Accounting Financial And Management Reporting (Inactive) Giving And Receiving Feedback (Inactive) Group Problem Solving Mergers and Acquisitions (M&A) Taxes Treasury (Inactive)Required Experience:
Director
About Company
Novartis is a global healthcare company based in Switzerland that provides solutions to the evolving needs of patients worldwide.