Insurance Manager Jobs in Somerset, NJ (NOW HIRING)

A collective energy and ambition. A place where you can make a real difference.

We're a company that genuinely cares about our people, our products, our consumers and the environment.

Our unique, informal culture champions courage, determination and collaboration. Knowing we have an open and supportive team means each of us has the freedom to take responsibility and ownership. We have a shared passion to work hard, innovate and push boundaries.

United by the belief that when we strive for growth, anything is possible. While we might not be the largest company in our industry, we believe we can have the biggest impact because: Together We Have the Power to Win.

Church & Dwight is seeking an Insurance Risk Manager to join our team. This role is responsible for overseeing and analyzing the day-to-day global insurance operations for the company.

He/she will be as a strategic partner to key internal and external stakeholders, ensuring comprehensive protection of company assets and operations. The ideal candidate will be a collaborative problem-solver who proactively identifies risk to maintain best-in-class insurance programs that support company growth by managing exposures effectively.

Hybrid Option: Available for candidates residing in New York (NY), New Jersey (NJ), or Pennsylvania (PA). This option requires working from our Ewing, NJ office on Tuesdays, Wednesdays, and Thursdays, with the flexibility to work remotely on Mondays and Fridays.

Remote Option: Available for candidates residing outside of New York (NY), New Jersey (NJ), and Pennsylvania (PA). Occasional travel to the Ewing, NJ office will be required for key meetings and events.

• Set and execute the company's global insurance placement and renewal strategy; strongly support all carrier and broker negotiations through final placement, exercising delegated authority for coverage structure, limits, and retentions
• Drive the comprehensive insurance program renewal process by compiling underwriting data, reviewing program structures, and recommending coverage changes based on industry best practices and company exposures, managing deliverables from brokers, and reviewing quotes, binders and policies
• Review and update insurance policies for the company, identifying opportunities to improve coverage to optimize risk coverage; provide ongoing policy maintenance
• Review vendor and client contracts to recommend appropriate insurance coverage types and levels, ensuring adequate risk transfer and protection
• Facilitate risk identification, evaluation and understanding across the organization
• Respond to all inquiries on coverage and risk management issues
• Lead insurance and risk transfer diligence for M&A transactions
• Participate in analyzing captive use and optimizing captive strategy
• Lead global claims strategy and governance to ensure efficient resolution and optimal outcomes
• Review loss runs to identify costs/benefits of insurable vs. retained risks; prepare regular loss reports for management review as requested
• Manage annual disbursement of certificates of insurance; respond to all COI requests
• Maintain working knowledge of the insurance marketplace
• Own annual insurance premium budget for the company
• Maintain strong working relationships with internal and external stakeholders
• Serve as cash management backup for the Treasury team when necessary

• Ability to communicate effectively with all professional levels, both internally and externally
• Strong interpersonal, verbal, and written communication skills
• Excellent organization skills, detail-oriented, adaptive to changing priorities, ability to manage multiple projects and tasks and meet deadlines
• Strong analytical and creative problem-solving skills
• Sound judgement and the ability to think objectively
• Negotiation, collaboration, and teamwork skills
• Skilled in reading and interpreting documents such as insurance policies, contracts and procedure manuals
• High level of discretion, as position involves routine exposure to confidential information
• Demonstrated ability to contribute in a fast-paced, acquisitive, growth company

• Bachelor's degree in risk management, finance, business administration, or equivalent field
• 5+ years of corporate insurance experience required
• Cash Management experience preferred
• Technical savvy required
• 5% - 10% travel required, domestic and internationally

The U.S. base salary range for this full-time position is $110,000-$170,000. This position is also eligible for a bonus.

As a Church & Dwight US employee, you (and eligible dependents, as applicable) will have access to medical, dental, vision, basic life insurance, paid vacation and sick time, and Paid Parental Leave. U.S. employees are entitled to paid holidays, floating holidays, and vacation days starting in their first year of employment depending on hire date. You are also able to participate in our 401k retirement plan (with company match and profit-sharing) and Discounted Employee Stock Purchase Plan.

The actual base pay offered to the successful candidate will be based on multiple factors, including, but not limited to, job-related knowledge/skills, experience, business needs, geographical location, and internal pay parity. Compensation decisions are dependent upon the facts and circumstances of each position and candidate.

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Church & Dwight is proud to be an Equal Opportunity Employer/Veterans/Individuals with Disabilities.
For more information on our company, our brands and our culture visit us at http://www.churchdwight.com/