Risk Manager

USA Donaldson CompanyBloomington, MN
Hybrid

About The Position

Donaldson is committed to solving the world’s most complex filtration challenges. Together, we make cool things. As an established technology and innovation leader, we are continuously evolving to meet the filtration needs of our changing world. Join a culture of collaboration and innovation that matters and a chance to learn, effect change, and make meaningful contributions at work and in communities. Position Summary: The Risk Manager partners closely with the Director of Risk Management to support the administration and continuous improvement of the Company’s global risk management and insurance programs. This role plays a key part in protecting the organization’s assets through a strong focus on workers’ compensation claims management within a high-deductible program and property loss prevention through coordination with FM Global engineering resources. The position requires a detail-oriented professional who can effectively collaborate across functions—including HR, EHS, Finance, Legal, and Operations—to drive claim outcomes, manage risk, and support strategic initiatives. Qualified candidates must be able to work a hybrid schedule at our Bloomington, MN office/facility.

Requirements

  • Bachelor’s degree
  • 8+ years of experience in risk management, insurance, or claims administration

Nice To Haves

  • Strong knowledge of workers’ compensation claims handling practices
  • Experience managing workers’ compensation programs in a high-deductible or self-insured environment
  • Experience working with third-party administrators (TPAs) and conducting claim reviews
  • Familiarity with FM Global or similar property risk engineering carriers
  • Professional designations such as ARM, CPCU, or similar
  • Excellent analytical, organizational, and communication skills
  • Ability to manage multiple priorities and work effectively across functions

Responsibilities

  • Lead day-to-day oversight of workers’ compensation claims within a high-deductible program
  • Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely resolution
  • Conduct regular claim reviews, with a focus on large, complex, or litigated claims
  • Collaborate with key stakeholders on return-to-work planning, accommodations, and claim resolution strategies
  • Monitor and report claim trends, identify loss drivers, and recommend actionable improvements
  • Support litigation management, including coordination with defense counsel and internal stakeholders
  • Coordinate with FM Global and partner with internal stakeholders to lead property risk engineering and loss prevention initiatives
  • Manage FM engineering visits, track and prioritize recommendations to ensure timely execution by facility teams, report follow-up activities, and monitor progress
  • Support the placement and renewal of global property and casualty insurance programs
  • Assist with exposure data collection, underwriting submissions, and program analysis
  • Manage certificates of insurance, policy documentation, and related compliance activities
  • Coordinate with brokers and insurers to address coverage questions and policy administration
  • Support M&A due diligence and insurance program integration
  • Review contractual insurance requirements for alignment with risk management standards
  • Support the management of general liability, auto liability, and property claims as needed
  • Assist with claim reporting, investigation coordination, and coverage analysis
  • Partner with internal stakeholders and external partners to facilitate efficient claim resolution
  • Analyze and report claims, exposure, and loss prevention data to identify trends and inform risk management strategy
  • Develop and maintain reports and dashboards related to claims performance and risk metrics
  • Support budgeting, accruals, and total cost of risk analysis

Benefits

  • health benefits
  • retirement plan (401k)
  • paid time away
  • paid leaves (including paid parental leave)
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