Jobs · Sales · Indiana

Global Risk Manager

Allison Transmission · Greater Indianapolis · 2 wk ago
On-siteSalesFull-time

Risk Manager, Global Insurance

The Risk Manager, Global Insurance is responsible for managing the company's global insurance portfolio, including risk identification, assessment, financing, and mitigation strategies. The role ensures the company maintains a comprehensive, cost-effective global insurance program aligned with corporate objectives, regulatory requirements, and evolving risk exposures.

  • Lead the design, placement, renewal, and ongoing administration of the global insurance program, including property, casualty, auto, general liability, product liability, D&O, cyber risk, workers’ compensation, and specialty programs.
  • Partner with internal stakeholders and external brokers to evaluate corporate risk exposures, develop risk financing strategies, and ensure adequate coverage terms and limits across all global operations.
  • Manage all claims activities, including directing third-party administrators, coordinating internal fact-gathering, and reporting claims trends and losses to leadership.
  • Support enterprise risk management (ERM) by contributing insights on insurable risks, loss prevention initiatives, and risk mitigation strategies.
  • Collect and validate underwriting data, financial information, asset values, operational details, and documentation required for global insurance renewals.
  • Analyze exposure data, premiums, loss history, and benchmarking to identify trends and recommend improvements.
  • Develop presentations for senior management, Treasury leadership, and the Board regarding insurance updates, renewals, claims activity, and risk profile trends.
  • Maintain relationships with insurance carriers, brokers, consultants, and other external risk partners.
  • Ensure accurate budgeting, accruals, and forecasting for insurance costs across the global portfolio.
  • Serve as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide.
  • Support audits, regulatory reviews, and compliance obligations related to risk, insurance, and claims.
  • Perform ad-hoc risk assessments, scenario modeling, and special projects as required.

Benefits

The below list features some of the benefits currently available. Eligibility may be subject to the terms and conditions of governing documents and available benefits may be subject to change at the company’s discretion.

  • Choice of medical plans with prescription coverage
  • Employer HSA contribution
  • Dental & Vision Insurance
  • Paid Parental Leave
  • Short & Long-Term Disability
  • Other voluntary benefits including: Critical Illness, Hospital Indemnity, Identity Theft Protection and Pet Insurance
  • Tuition assistance program
  • 401K with generous Company match & contribution
  • Accrued Paid Time Off
  • 12 Paid Holidays + 1 Floating Holiday
  • Robust employee wellness program

Key Responsibilities

Lead the design, placement, renewal, and ongoing administration of the global insurance program, including property, casualty, auto, general liability, product liability, D&O, cyber risk, workers’ compensation, and specialty programs.

Partner with internal stakeholders and external brokers to evaluate corporate risk exposures, develop risk financing strategies, and ensure adequate coverage terms and limits across all global operations.

Manage all claims activities, including directing third-party administrators, coordinating internal fact-gathering, and reporting claims trends and losses to leadership.

Support enterprise risk management (ERM) by contributing insights on insurable risks, loss prevention initiatives, and risk mitigation strategies.

Collect and validate underwriting data, financial information, asset values, operational details, and documentation required for global insurance renewals.

Analyze exposure data, premiums, loss history, and benchmarking to identify trends and recommend improvements.

Develop presentations for senior management, Treasury leadership, and the Board regarding insurance updates, renewals, claims activity, and risk profile trends.

Maintain relationships with insurance carriers, brokers, consultants, and other external risk partners.

Ensure accurate budgeting, accruals, and forecasting for insurance costs across the global portfolio.

Serve as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide.

Support audits, regulatory reviews, and compliance obligations related to risk, insurance, and claims.

Perform ad-hoc risk assessments, scenario modeling, and special projects as required.

Qualifications

Bachelor’s degree in Finance, Risk Management, Business, Accounting, or related field

  • 5+ years of relevant experience in corporate risk management, insurance brokerage, or insurance underwriting
  • Strong understanding of global insurance markets, risk financing concepts, and claims processes
  • Advanced proficiency with Microsoft Office (Excel, PowerPoint, CoPilot) for analysis and presentations
  • Exceptional written and verbal communication skills
  • Ability to travel to global sites

Competencies and Behaviors

  • High ethical standards with strong judgment and the ability to handle sensitive information confidentially
  • Strong organizational and planning abilities, with exceptional attention to detail
  • Intellectual curiosity with strong analytical and problem-solving skills
  • Ability to communicate complex concepts clearly to diverse stakeholders, including executive leadership
  • Professional demeanor with strong relationship-building skills across functions and geographies

Scope Factors

Works cross-functionally with internal and external stakeholders across global operations

  • Handles complex analytical work requiring strong technical skills and business judgment
  • Influences significant corporate spending related to insurance premiums and retained risk
  • Serves as internal subject matter expert on insurance-related issues, providing guidance to business partners worldwide
  • Supports oversight of companywide insurable risk exposure
  • Single contributor role who influences executives across the business and manages relationships with insurance brokers and carriers

Travel or Physical Demands

Up to 25% domestic and global

Equal Opportunity Employer

Allison Transmission is an equal opportunity employer. We have opportunities for all qualified applicants regardless of age, race, color, sex, religion, creed, national origin, disability, sexual orientation, gender identity/expression or veteran status. If you are an individual with a disability or a disabled veteran requiring assistance and/or reasonable accommodations reviewing any of the careers information, please contact us at ati+ask4max@service-now.com. Please note that Allison Transmission will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Allison Transmission will not solicit money or banking information from applicants.

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