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Director Commodity Risk Management Jobs in Indiana

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Director Commodity Risk Management information

See Indiana salary details

$51.4K

$136.2K

$247.4K

How much do director commodity risk management jobs pay per year?

As of Jun 29, 2026, the average yearly pay for director commodity risk management in Indiana is $136,249.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,400.00 and $159,400.00 per year, depending on experience, location, and employer.

What is the difference between Director Commodity Risk Management vs Commodity Risk Analyst?

AspectDirector Commodity Risk ManagementCommodity Risk Analyst
CredentialsTypically requires a bachelor’s degree, often with certifications like FRM or CFAUsually holds a bachelor’s degree, sometimes pursuing certifications
Work EnvironmentStrategic, leadership-focused, overseeing risk management teamsAnalytical, data-driven, supporting risk strategies
Employer & Industry UsageUsed in large corporations, trading firms, and energy companiesCommon in trading houses, financial institutions, and commodity firms

The main difference is that the Director Commodity Risk Management leads and develops risk strategies at a high level, while the Commodity Risk Analyst focuses on analyzing data and supporting risk decisions. Both roles require strong knowledge of commodities and risk management, but differ in scope and responsibility.

What does a Director of Commodity Risk Management do?

A Director of Commodity Risk Management oversees a company's strategies to identify, assess, and mitigate risks related to the buying, selling, and price fluctuations of commodities such as oil, gas, metals, or agricultural products. This role involves analyzing market trends, developing risk management policies, and implementing hedging strategies to protect the company's financial interests. Directors in this position also coordinate with procurement, finance, and trading teams to ensure compliance with regulations and optimize risk exposure. Their expertise helps organizations manage volatility in commodity markets and make informed business decisions.

What are the key skills and qualifications needed to thrive as a Director of Commodity Risk Management, and why are they important?

A Director of Commodity Risk Management needs strong analytical skills, deep understanding of commodity markets, and typically a degree in finance, economics, or a related field, often accompanied by significant industry experience. Expertise in risk management systems, trading platforms, and certifications like FRM (Financial Risk Manager) or CFA are commonly required. Exceptional leadership, strategic thinking, and communication skills help in influencing stakeholders and leading risk mitigation initiatives. These competencies are crucial for effectively identifying, assessing, and managing risks in volatile commodity markets to protect and enhance company value.

What are some of the main challenges faced by a Director of Commodity Risk Management, and how can one prepare for them?

A Director of Commodity Risk Management often faces the challenge of navigating volatile markets, rapidly changing global economic conditions, and regulatory compliance. Staying ahead requires continuous market analysis, strong cross-functional collaboration with finance, procurement, and operations teams, and the ability to develop robust hedging strategies. Candidates can prepare by gaining experience in quantitative analysis, building strong communication skills, and staying updated on industry trends and regulatory changes. Leveraging advanced analytics tools and fostering relationships with key stakeholders are also crucial for success in this role.
What are the most commonly searched types of Commodity Risk Management jobs in Indiana? The most popular types of Commodity Risk Management jobs in Indiana are:
What job categories do people searching Director Commodity Risk Management jobs in Indiana look for? The top searched job categories for Director Commodity Risk Management jobs in Indiana are:
What cities in Indiana are hiring for Director Commodity Risk Management jobs? Cities in Indiana with the most Director Commodity Risk Management job openings:
Infographic showing various Director Commodity Risk Management job openings in Indiana as of June 2026, with employment types broken down into 92% Full Time, and 8% Part Time. Highlights an 100% In-person job distribution, with an average salary of $136,249 per year, or $65.5 per hour.
Global Risk Manager

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 29 days ago


Key responsibilities

  • Lead the design, placement, renewal, and ongoing administration of the global insurance program.

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

  • 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.


Allison Transmission rating

9.1

Company rating: 9.1 out of 10

Based on 17 frontline employees who took The Breakroom Quiz

17th of 419 rated machine equipment manufacturers


Job description

JOIN THE TEAM THAT'S POWERING PROGRESS

Building cities. Driving commerce. Fueling Progress. For over 100 years, Allison has powered the vehicles and technology that move our world forward.
What powers us? Our employees. From the first person hired by James Allison in 1915 to the thousands across the globe who work for Allison today, we're driving progress everywhere because we employ top talent worldwide. In both the Allison Transmission and Allison Off-Highway Drive and Motion Systems business units, our team strives to Improve the Way the World Works.

Learn more about this role and how you can begindriving your career forward!

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

  • 401K with generous Company match & contribution

  • Accrued Paid Time Off

  • 12 Paid Holidays + 1 Floating Holiday

  • Robust employee wellness program

  • Tuition assistance program

Job Description:

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, costeffective global insurance program aligned with corporate objectives, regulatory requirements, and evolving risk exposures. The position partners closely with Legal, Operations, EHS, Facilities, Finance, HR, procurement, sales, and external brokers/insurers. This highly visible role requires strong analytical capabilities, attention to detail, and the ability to communicate complex risk concepts to senior leadership clearly and effectively.

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 thirdparty administrators, coordinating internal factgathering, 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.

Key Performance Measures:

  • Effectiveness and cost-efficiency of global insurance placement and program structure

  • Claims management cycle time, quality, and financial outcomes

  • Accuracy of forecasting, budgeting, and renewal data submissions

  • Internal stakeholder satisfaction and responsiveness

  • Quality of analysis, reporting, and insight provided to senior leadership and the Board

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

  • Ability to manage multiple priorities in a fastpaced environment

  • Intellectual curiosity with strong analytical and problemsolving skills

  • Ability to communicate complex concepts clearly to diverse stakeholders, including executive leadership

  • Professional demeanor with strong relationshipbuilding skills across functions and geographies

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

Experience:

  • Demonstrated experience managing or supporting complex corporate insurance programs

  • Experience with data analysis, loss modeling, and largescale risk assessments

  • Proven ability to collaborate crossfunctionally and influence without authority

  • Familiarity with Treasury, Legal, EHS, and operational risk environments

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

  • 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


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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