Risk Manager

Position:Risk Manager
Job Description:

What You'll Be Doing:

• Support the Director of Global Risk Management during insurance renewals by gathering data, completing formal applications, carrier selections, negotiations of terms, conditions and pricing and accurate policy issuance
• Coordinate information between Arrow internal stakeholders and various insurance brokers and insurance carriers
• Directly accountable for the management of the enterprise-wide risk management program (ERM), including risk identification, analysis, prioritization, mitigation, and monitoring
• Review insurance and indemnification requirements associated with contracts for vendors, contractors, affiliation agreements, etc.
• Manage the Certificate of Insurance program
• Manage all Surety Bonds
• Maintain the internal Risk Management department website
• Provide risk management consultation and guidance to internal stakeholders
• Assist on collection and review of exposure information for insurance renewals, audits, budget forecasting, local in-country invoicing and corporate allocations
• Manage premium invoicing and payment processes
• Routinely interface with Insurance industry professionals, all levels of management and multiple business units within the Company
• Prepare and report annual budget of corporate insurance expenses
• Respond to risk and liability related concerns and issues of internal and external stakeholders and recommend proper loss prevention and loss reduction techniques
• Stay apprised of new coverages, developing trends and exposures, and market conditions
• Create ad-hoc and monthly reports and act as key risk resource in providing data as needed
• Management of all lines of insurance claims management
• Determine appropriate actions coordinating the filing of all claims with outside brokers, consultants, insurance adjusters, legal counsel, and other departments as well as tracking progress and working closely with stakeholders and insurance carriers through claim resolution

What We Are Looking For:

• Education: Bachelor’s Degree; Course of Study: Risk Management, Business, Finance, or related field
• Experience: 3+ years’ experience in Risk Management for a multi-national Fortune 500 company either in a corporate environment, a commercial insurance brokerage firm or commercial insurer in any related field (underwriting, claims, broker placement or client advisory role)
• Demonstrated knowledge of core commercial insurance principles, underwriting requirements, understanding of coverage forms, risk identification/assessment, claims management and ability to interpret and explain policy coverage
• Solid knowledge of technical tools such as financial, analytical, accounting, and statistical tools
• Self-motivated, able to bring projects and reports to conclusion with little direction and guidance
• Ability to work efficiently in pressure situations and demonstrate a high level of flexibility in a rapidly changing environment
• Highly proficient working knowledge of Microsoft Office - Outlook, Word, Excel, PowerPoint and Teams and ability to sort data, create pivot tables, presentations, and graphs
• Ability to learn new technical concepts, skills and analytics and make data driven decisions
• Work experience managing global insurance programs
• Strong data analytics skills, including use of RMIS and computer modeling
• Knowledge of Enterprise Risk Management software and platforms preferred
• Experience reviewing contracts to manage, limit, and transfer risk
• Strong interpersonal and communication skills, with ability to professionally communicate both verbally and in writing with employees and outside partners of all levels, recognizing and appropriately responding to others’ perspectives
• Familiarity and experience with various risk management techniques
• Strong negotiation skills and ability to drive negotiations to favorable results
• Experience with financial terminology and/or interpreting Legal or Quality documents a plus
• Will need to manage multiple projects and tasks independently, exercising initiative and ability to adapt to change. Must be comfortable dealing with ambiguous situations and issues
• Experience working in Oracle Hyperion Financial Management systems

Work Arrangement:

• Hybrid: 3 days in office/2days work from home
• Open to remote work arrangement outside of Colorado

What’s In It For You :

At Arrow, we recognize that financial rewards and great benefits are important aspects of an ideal job. That’s why we offer competitive financial compensation, including various compensation plans and a solid benefits package.

• Medical, Dental, Vision Insurance
• 401k, With Matching Contributions
• Short-Term/Long-Term Disability Insurance
• Health Savings Account (HSA)/Health Reimbursement Account (HRA) Options
• Paid Time Off (including sick, holiday, vacation, etc.)
• Tuition Reimbursement
• Growth Opportunities
• And more!

Annual Hiring Range/Hourly Rate:$98,900.00 - $145,200.00

Actual compensation offer to candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level. The pay ratio between base pay and target incentive (if applicable) will be finalized at offer. 

Location:US-CO-Denver, Colorado (Panorama Arrow Building)

 

Time Type:Full time
Job Category:Accounting/Finance

EEO Statement:

Arrow is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, gender, age, sexual orientation, gender identity, national origin, veteran or disability status. (Arrow EEO/AAP policy)

We anticipate this requisition will be open for a minimum of five days, though it may be open for a longer period of time. We encourage your prompt application.

In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or dates of school attendance or graduation. You will not be penalized for redacting or removing this information.

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