Insurance Risk Manager

Chobani • New York, NY

7d

About The Position

The Insurance Risk Manager helps guide the company’s insurance and risk management program, working closely with brokers and internal partners to support coverage planning and renewals. The role supports the collection and review of risk information, monitors exposure and loss trends, and contributes to risk assessments and continuity planning. This position partners with teams across the business to review contract language and insurance requirements, coordinate documentation needs, and provide general support related to claims and program administration. The role also contributes to cost tracking and other risk-related projects as needed.

Requirements

• Bachelor's degree in Business, Finance, Insurance, or a related field.
• 5 years’ experience in corporate risk management, risk consulting, insurance company, or insurance broker.
• Prior experience with a corporate insurance program (including annual policy renewals) required.
• Demonstrated knowledge of insurance coverage lines including but not limited to directors and officers, property, casualty, professional liability, cyber, auto, and employer’s liability.
• Strong analytical skills, including the ability to review, validate, synthesize, and visualize quantitative data including financial results, payroll, supply chain/inventory, property, workers comp. losses, travel costs, etc.
• Excellent Microsoft office, Excel, Power Point, Pivot Table skills mandatory.

Responsibilities

• Annual Renewal: Partner with insurance broker to evaluate market trends, align on strategy, and set timelines. Manage collection, analysis, validation, and submission of risk exposure data, across all lines of coverage. Work with leaders to make decisions on coverage, costs, and carriers before binding coverage for US and Australia.
• Risk Assessments & Monitoring: Maintain visibility of operational risk for each coverage area. Lead assessments of risks, manage 3rd party service providers as needed, prepare cost/benefit analysis of risk mitigation actions to build organizational consensus, and lead business continuity planning. Perform insurance-related due diligence for merger and acquisition targets.
• Contracts: Thoroughly review insurance contracts, negotiate terms and conditions, and summarize coverage/key terms. Review supplier contracts for insurance-related contractual provisions in partnership with Legal and Procurement. Oversee the handling of Certificates of Insurance (COI).
• Budgeting: Maintain a comprehensive record of total cost of risk (TCOR). Manage the payment of insurance invoices. Work with other Finance teams to make payments, manage allocations/accruals, update forecasts, monitor reserves, etc.
• Claims: Support Workers Comp Risk Manager at the plant with broker/insurer resources. Address coverage questions and provide point of view regarding claims submissions for insurance claims other than workers comp.
• Treasury Support/Backup: Provide cash management, payment and commodity trade confirmation support as needed during holidays and vacations.

Benefits

• Chobani provides a comprehensive benefits package, including medical, dental, vision coverage, disability insurance, health savings account, flexible spending accounts, and tuition reimbursement.
• To help save for the future, all employees are eligible for a 401k match of 100% on up to 5% of eligible pay.
• To support growing families, we provide fertility and childcare assistance, and 12 weeks of parental leave at full pay after six months of continuous employment.
• In addition, we provide wellness resources which include an employee assistance program, fitness discounts, a wellness reimbursement, on-site gym access (certain locations) and a monthly wellness newsletter to connect you with resources and timely information.
• We offer various types of paid time of including: 120 hours of paid time off, 11 holidays, and paid volunteer time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees