Financial Analyst - Financial Protection

Marathon Petroleum Corporation•Findlay, OH

3d•Onsite

About The Position

Financial Protection is responsible for designing, structuring, placing, and renewing MPC and MPLX insurance programs to maintain appropriate coverage and competitive terms. The team partners with business units to identify, assess, and manage risk exposures arising from operations, acquisitions, and divestitures. The organization also reviews contractual indemnity and insurance requirements, provides surety bonds and evidence of insurance (including self-insurance and financial responsibility filings), and coordinates insurance claim administration following major incidents. Successful candidates must be strong communicators and collaborative team players, capable of working across internal organizations and with external partners. The role applies working knowledge of process, accounting, finance, and risk/control practices and performs moderately complex assignments for limited-risk process areas. It evaluates business solutions using standard procedures and collaborates with internal and external team members to discuss analyses and support ongoing improvement.

Requirements

Bachelor’s degree in Business, Finance, Accounting, or a related discipline.
Three years of experience in Accounting, Finance, or a related field.
Strong communication skills and ability to work collaboratively across internal organizations and with external partners.

Responsibilities

Renew insurance policies, balancing efficient risk transfer with reducing exposure.
Oversee administration of MPC’s captive insurance program, including governance, regulatory, financial, and operational requirements.
Administer OCIP programs, including contractor enrollment, coverage coordination, compliance, and ongoing program oversight.
Review insurance requirements and indemnity provisions in third-party contracts.
Coordinate financial reviews for the HES&S vetting program.
Oversee preparation of the Insurance department budget.
Educate business partners on insurance and risk management topics.
Support issuance of certificates of insurance and surety bonds.
Collaborate with internal and external team members and participate in meetings to discuss analysis and analytical needs in support of ongoing improvement.