Manager - Corporate Insurance

State Farm•Dunwoody, GA

3d•Hybrid

About The Position

State Farm is looking to expand its Corporate Insurance & Risk Management team. As manager for State Farm’s Corporate Insurance team, you will be responsible for oversight of the team responsible for corporate insurance programs. This will include directing the purchase of corporate insurance programs and management of program outcomes. Successful outcomes will be enabled through strong relationships with third party service providers, brokers, insurers. Additionally, you will collaborate with internal risk owners and stakeholders across the organization to assess and mitigate potential risks. Domestic travel will be required to meet with internal and external business partners, including travel to attend industry conferences and events. When not traveling, this person will work a hybrid schedule from one of State Farm’s offices in Bloomington, Atlanta, Dallas, or Phoenix. Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good!

Requirements

3+ years of P&C / Casualty insurance leadership experience
Risk management experience preferably within insurance and financial institutions
Strong financial acumen, including understanding of TCOR, loss reserves, and operational risks
Ability to strategically influence stakeholders by challenging assumptions and influencing internal and external business partners to ensure decisions appropriately balance risk and growth.
Effective communication to present risk information clearly, concisely, and with appropriate context, building credibility through transparency and consistency
Strong decision making which demonstrates independence of thought while aligning with organizational priorities
Bachelor's degree or higher (Risk Management, Finance, Business, or related field preferred)

Nice To Haves

Professional certifications such as CPCU, ARM, RIMS-CRMP, or ACI preferred

Responsibilities

Leading a high-performing corporate insurance and risk management team, in partnership with the Enterprise Risk Management department
Building strong relationships with brokers, insurers, and TPAs, as well as maintaining relationships with industry organizations and societies
Overseeing risk identification and formulation of strategic plans to mitigate risk
Utilizes risk management knowledge in problem solving for enterprise business partners
Support incident/event review (e.g., root cause themes) and ensure learnings are reflected in insurance solutions
Accountability for decisions which impact the enterprise insurance portfolio
Negotiation of the purchase of risk transfer solutions for the enterprise in partnership with brokers
Overseeing risk identification and formulation of strategic plans, utilizing risk management knowledge in problem solving
Advising upper leadership levels on risk management issues for the enterprise
Supervision of the corporate insurance team, including employee selection, training, career development, and the administration of performance evaluations and rewards
Continual monitoring of global developments in insurance and risk management