Global Risk Manager
About The Position
JOIN THE TEAM THAT’S POWERING PROGRESS Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward. What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works. Learn more about this role and how you can begin driving your career forward!
Requirements
- Bachelor’s degree in Finance, Risk Management, Business, Accounting, or related field
- 5+ years of relevant experience in corporate risk management, insurance brokerage, or insurance underwriting
- Strong understanding of global insurance markets, risk financing concepts, and claims processes
- Advanced proficiency with Microsoft Office (Excel, PowerPoint, CoPilot) for analysis and presentations
- Exceptional written and verbal communication skills
- Ability to travel to global sites
Nice To Haves
- Demonstrated experience managing or supporting complex corporate insurance programs
- Experience with data analysis, loss modeling, and large‑scale risk assessments
- Proven ability to collaborate cross‑functionally and influence without authority
- Familiarity with Treasury, Legal, EHS, and operational risk environments
Responsibilities
- Lead the design, placement, renewal, and ongoing administration of the global insurance program, including property, casualty, auto, general liability, product liability, D&O, cyber risk, workers’ compensation, and specialty programs.
- Partner with internal stakeholders and external brokers to evaluate corporate risk exposures, develop risk financing strategies, and ensure adequate coverage terms and limits across all global operations.
- Manage all claims activities, including directing third‑party administrators, coordinating internal fact‑gathering, and reporting claims trends and losses to leadership.
- Support enterprise risk management (ERM) by contributing insights on insurable risks, loss prevention initiatives, and risk mitigation strategies.
- Collect and validate underwriting data, financial information, asset values, operational details, and documentation required for global insurance renewals.
- Analyze exposure data, premiums, loss history, and benchmarking to identify trends and recommend improvements.
- Develop presentations for senior management, Treasury leadership, and the Board regarding insurance updates, renewals, claims activity, and risk profile trends.
- Maintain relationships with insurance carriers, brokers, consultants, and other external risk partners.
- Ensure accurate budgeting, accruals, and forecasting for insurance costs across the global portfolio.
- Serve as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide.
- Support audits, regulatory reviews, and compliance obligations related to risk, insurance, and claims.
- Perform ad-hoc risk assessments, scenario modeling, and special projects as required.
Benefits
- Choice of medical plans with prescription coverage
- Employer HSA contribution
- Dental & Vision Insurance
- Paid Parental Leave
- Short & Long-Term Disability
- Critical Illness
- Hospital Indemnity
- Identity Theft Protection
- Pet Insurance
- 401K with generous Company match & contribution
- Accrued Paid Time Off
- 12 Paid Holidays + 1 Floating Holiday
- Robust employee wellness program
- Tuition assistance program
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Number of Employees
501-1,000 employees
