Insurance Risk Manager

Church & Dwight Co., Inc.•Princeton, SC

1d•$110,000 - $170,000•Hybrid

About The Position

Church & Dwight is seeking an Insurance Risk Manager to join our team. This role is responsible for overseeing and analyzing the day-to-day global insurance operations for the company. He/she will be as a strategic partner to key internal and external stakeholders, ensuring comprehensive protection of company assets and operations. The ideal candidate will be a collaborative problem-solver who proactively identifies risk to maintain best-in-class insurance programs that support company growth by managing exposures effectively.

Requirements

Ability to communicate effectively with all professional levels, both internally and externally
Strong interpersonal, verbal, and written communication skills
Excellent organization skills, detail-oriented, adaptive to changing priorities, ability to manage multiple projects and tasks and meet deadlines
Strong analytical and creative problem-solving skills
Sound judgement and the ability to think objectively
Negotiation, collaboration, and teamwork skills
Skilled in reading and interpreting documents such as insurance policies, contracts and procedure manuals
High level of discretion, as position involves routine exposure to confidential information
Demonstrated ability to contribute in a fast-paced, acquisitive, growth company
Bachelor’s degree in risk management, finance, business administration, or equivalent field
5+ years of corporate insurance experience required
Technical savvy required
5% - 10% travel required, domestic and internationally

Nice To Haves

Cash Management experience preferred

Responsibilities

Set and execute the company’s global insurance placement and renewal strategy; strongly support all carrier and broker negotiations through final placement, exercising delegated authority for coverage structure, limits, and retentions
Drive the comprehensive insurance program renewal process by compiling underwriting data, reviewing program structures, and recommending coverage changes based on industry best practices and company exposures, managing deliverables from brokers, and reviewing quotes, binders and policies
Review and update insurance policies for the company, identifying opportunities to improve coverage to optimize risk coverage; provide ongoing policy maintenance
Review vendor and client contracts to recommend appropriate insurance coverage types and levels, ensuring adequate risk transfer and protection
Facilitate risk identification, evaluation and understanding across the organization
Respond to all inquiries on coverage and risk management issues
Lead insurance and risk transfer diligence for M&A transactions
Participate in analyzing captive use and optimizing captive strategy
Lead global claims strategy and governance to ensure efficient resolution and optimal outcomes
Review loss runs to identify costs/benefits of insurable vs. retained risks; prepare regular loss reports for management review as requested
Manage annual disbursement of certificates of insurance; respond to all COI requests
Maintain working knowledge of the insurance marketplace
Own annual insurance premium budget for the company
Maintain strong working relationships with internal and external stakeholders
Serve as cash management backup for the Treasury team when necessary