Project Risk Manager Jobs in Illinois (NOW HIRING)

Position Overview
Under the direction of the Director of Risk Management, the Senior Risk Manager will design, negotiate, manage and maintain International's global insurance programs. The Senior Risk Manager will lead the enterprise insurance and risk financing programs; assess, quantify, and communicate business risk; develop and execute risk mitigation strategies; and ensure continuity of operations. This position will own the insurance purchasing cycle, manage external partners (brokers, insurers, TPAs), and oversee claims governance while driving measurable reductions in total cost of risk (TCoR). The position will also provide direction to staff and cross-functional partners; recommend budget and update International's Insurance Management Policy, as needed.
Responsibilities
• Manage insurance programs and structures to align insurance coverage with International strategic initiatives and risk appetite
• Review and confirm exposure data for insurance program submissions, including General Liability, Workers' Compensation, Auto Liability, Umbrella/Excess Liability, Foreign Liability and First Party Property insurance coverage, including Business Interruption, for all domestic and foreign locations
• Coordinate placement of complicated liability coverages, including Errors & Omissions, Crime, Fiduciary, Dealer Floor Plan, and Special Liability policies
• Prepare the analysis of risk financing strategies, retention levels and risk transfer limits
• Review policy documentation to ensure accuracy; coordinate with broker and insurance companies, as appropriate, to resolve documentation issues
• Develop financial analysis of insurance renewals to facilitate cost comparisons and develop budget estimates for various lines of insurance
• Provide oversight of claims management, including Workers' Compensation, Auto Liability, General Liability, and Property claims. Working with International Motor's WC claims manager, monitor TPA and carrier performance, analyze loss trends, and drive strategies to reduce total cost of risk and improve claim outcomes
• Manage single parent captive insurance company domiciled in Bermuda
• Prepare data for insurance company audits
• Act as a company-wide resource on risk management issues involving promotional events, new business ventures, real estate and contract/vendor issues; responsible for managing, reviewing and negotiating 100 contracts annually as respects risk management
• Supervise Risk/Claims Manager
Minimum Requirements

• Bachelor's degree and at least 6 years of risk management or insurance experience
• At least 3 years of lead experience

OR

• Master's degree and at least 5 years of risk management or insurance experience
• At least 3 years of lead experience

OR

• At least 10 years of risk management or insurance experience
• At least 3 years of lead experience

Additional Requirements

• Qualified candidates, excluding current employees, must be legally authorized on an unrestricted basis (US Citizen, Legal Permanent Resident, Refugee or Asylee) to be employed in the United States. We do not anticipate providing employment related work sponsorship for this position (e.g., H-1B status)

Desired Skills
• 6+ years of prior risk management experience, with at least 3 years of lead Risk Management experience, inclusive of:
- Insurance Placement
- Claims Management
• BA/BS degree required; MBA preferred; insurance designations (Chartered Property/Casualty Underwriter (CPCU) and/or Associate in Risk Management (ARM) desirable
• Proficient in Microsoft Word, Excel and PowerPoint
• Exceptional interpersonal and analytical abilities including fully developed written and verbal communication skills
• Self-motivated, independent with superior project management skills
• Extensive knowledge of Risk Management Information Systems, implementation and data integrity issues, and use of system for data management and reporting capabilities
• Knowledge of information system applications that provide the means to measure and evaluate the cost of risks
Benefits and Compensation
This position offers competitive market-based compensation, along with a comprehensive benefits package designed to support employee wellbeing. You can learn more about the benefits offered for this position by visiting https://careers.international.com/#benefits.
The expected salary offered for this position will fall within the stated range, with the final offer based on the candidates' applicable skills, knowledge, and experience.
Company Overview
About TRATON
With its brands Scania, MAN, International, and Volkswagen Truck & Bus, TRATON SE is the parent and holding company of the TRATON GROUP and one of the world's leading commercial vehicle manufacturers. The Group's product portfolio comprises trucks, buses, and light-duty commercial vehicles. "Transforming Transportation Together. For a sustainable world.": this intention underlines the Company's ambition to have a lasting and sustainable impact on the commercial vehicle business and on the Group's commercial growth.
About International
From a one-man company built on the world-changing invention of the McCormick reaper in 1831, to the 15,000-person-strong company we are today, few companies can lay claim to a history like International. Based in Lisle, Illinois, International Motors, LLC* creates solutions that deliver greater uptime and productivity to our customers throughout the full operation of our commercial vehicles. We build International® trucks and engines and IC Bus® school and commercial buses that are as tough and as smart as the people who drive them. We also develop Fleetrite® aftermarket parts. In everything we do, our vision is to accelerate the impact of sustainable mobility to create the cleaner, safer world we all deserve. As of 2021, we joined Scania, MAN and Volkswagen Truck & Bus in TRATON GROUP, a global champion of the truck and transport services industry. To learn more, visit International.com.
*International Motors, LLC is d/b/a International Motors USA in Illinois, Missouri, New Jersey, Ohio, Texas, and Utah.
EEO Statement
We are an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you are a qualified individual with a disability and require a reasonable accommodation to access the online application system or participate in the interview process due to your disability, please email HUB@International.com to request assistance. Kindly specify Job Requisition Number / Job Title and Location in response. Otherwise, your request may not be considered.
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