Associate Director, Insurance & Risk Management
About the role
The Associate Director, Insurance & Risk Management role offers an opportunity to transition from other private, public, government, or military experience to a 3M career. You will collaborate with some of the most innovative people around the world and make an impact by executing the organization's global insurance and risk management strategy.
Responsibilities
- Execute the organization’s global insurance and risk management strategy, ensuring alignment with business objectives and enterprise risk frameworks.
- Design, implement, and manage international insurance strategies and programs, including global claims handling and captive insurance company utilization.
- Own and execute significant insurance programs assigned, including developing renewal strategies and ensuring program structures are fit for purpose and in alignment with budget.
- Conduct contract reviews and risk and insurance guidance to internal stakeholders.
- Manage and lead Senior Analyst, Insurance & Risk Management.
Requirements
- Bachelor’s degree or higher in Finance, Accounting, or Business Administration (completed and verified prior to start).
- Ten (10) years of professional experience in corporate insurance, risk management, or related fields, with significant exposure to international programs in a private, public, government or military environment.
Qualifications
- Strong knowledge of global insurance markets, multinational program structures, and international regulatory environments.
- Experience managing complex claims across jurisdictions.
- Proven ability to lead cross-functional initiatives.
- Exceptional analytical, negotiation, and communication skills.
- Professional certifications such as CPCU, ARM, CRM or similar accredited industry designations.
Benefits
- Competitive pay and benefits, including base pay plus variable incentive pay, if eligible.
- A range of benefits (e.g., Medical, Dental & Vision, Health Savings Accounts, Health Care & Dependent Care Flexible Spending Accounts, Disability Benefits, Life Insurance, Voluntary Benefits, Paid Absences and Retirement Benefits).
Pay & Benefits
The expected compensation range for this position is $221,591 - $270,834, which includes base pay plus variable incentive pay, if eligible. This range represents a good faith estimate for this position. The specific compensation offered to a candidate may vary based on factors including, but not limited to, the candidate’s relevant knowledge, training, skills, work location, and/or experience. For more information, please refer to the Pay & Benefits Overview: here.
Work Location
This position has the possibility for remote work for candidates located more than 50-miles from 3M Global Headquarters in Maplewood, MN. For candidates located within a commutable distance to Maplewood, MN, this role follows an on-site working model, requiring the employee to work at least four days a week at the 3M Center in Maplewood, MN.
Travel
May include up to 10% domestic travel.
Relocation
Is not authorized.
Equal Opportunity Employer
3M is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, sex, national origin, religion, age, disability, veteran status, or any other characteristic protected by applicable law.