Senior Manager Risk & Insurance

Trane Technologies • NC

148d • $154,100 - $194,500

About The Position

The Risk Management & Insurance function at Trane Technologies is doing its part in helping the company continue along its path of providing innovative solutions to mitigate and/or transfer risk to protect the corporation’s physical and financial assets. The Senior Manager - Risk Management & Insurance has responsibility for directing the Corporation’s insurance programs from risk assessment through program implementation and monitoring of effectiveness. The Risk Management & Insurance function is a key resource in advising Trane Technologies business management on the identification and management of risk exposures. As such, the Senior Manager - Risk Management & Insurance must develop strong internal and external relationships to be effective.

Requirements

• Minimum 10-15 years’ risk management experience with increased responsibility and varied duties in multinational corporate risk management environment
• Strong interpersonal and communication skills to interact with business leaders and effectively manage third party vendors
• Sound analytical techniques and ability to understand financial concepts
• The ability to propose creative recommendations which are value added
• Bachelors degree; Risk Management designation (ARM or equivalent)

Responsibilities

• Determining appropriate coverage for all international insurance programs including global property, international product & auto liability, nuclear liability, aircraft products liability, global marine and equipment rental insurance
• Optimize placement, renewal, administration and claims resolution for all international programs
• Direct report responsibilities for Analyst position
• Preparing Insurance Budget, Accrual activities and allocations to SBU’s
• Work closely with safety and legal departments in directing, planning and administering key loss prevention and risk management programs and procedures
• Management of department’s Sarbanes Oxley reporting requirements
• Assisting Director Risk Management & Insurance in management of wholly owned Captive Insurance companies
• Oversight of Department third party service providers including claims administrators, actuarial consultants and brokers
• Advise businesses regarding risk exposures and applicable insurance coverage regarding customer projects and contractual agreements
• Manage the broker’s international network of resources to provide day-to-day support for Trane Technologies international operations
• Manage oversight of country-specific policies to ensure compliance in all countries in which Trane Technologies operates
• Oversee Trane Technologies property protection program, work with loss control representatives, participate in annual on-site property loss control visits, review insurer’s property inspection recommendations and lead in the development of coordinated responses to recommendations

Benefits

• Health insurance and holistic wellness programs that include generous incentives
• Family building benefits including fertility coverage and adoption/surrogacy assistance
• 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution
• Paid time off, including in support of volunteer and parental leave needs
• Educational and training opportunities through company programs along with tuition assistance and student debt support

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: Bachelor's degree
• Number of Employees: 5,001-10,000 employees