Snap Inc is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles.
Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. Snap contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. The Company’s three core products are Snapchat, a visual messaging app that enhances your relationships with friends, family, and the world; Lens Studio, an augmented reality platform that powers AR across Snapchat and other services; and its AR glasses, Spectacles.
The CFO Organization at Snap includes Accounting, Business Partner Finance, Business Planning & Operations, Finance Operations, Financial Systems, Internal Audit, Investor Relations, Partnerships & Strategy, Tax, and Treasury teams. Together, the team partners with leadership to provide insights, information, and guidance to make strategic and operational decisions, inform investors about our business model and progress, and ensure the company is financially healthy and consistently meeting our reporting obligations.
We’re looking for an Insurance Risk Manager to join our Risk Management & Insurance Team in Finance! As a member of the Risk Management team within Finance, this role will be responsible for partnering closely with strategic and operational business leaders to mitigate and manage risk across activities/issues affecting our organization. This role requires the ability to successfully navigate across key stakeholders that include, but is not limited to, business operations and engineering, information technology, new product development, as well as traditional areas of executive management and finance. This role will report to the Director of Strategic Sourcing, Procurement, and Risk Management & Insurance within the Finance Department.
What you’ll do?
Responsible for managing worldwide corporate insurance programs, including the negotiation of insurance placement structure and pricing, annual insurance renewals, and interaction between insurance brokers and insurers. Serve as risk management contact for insurance brokers and insurance carriers.
Prepare insurance applications and renewal market submission documentation for all lines of coverage; Review policy terms & conditions and quotes; Make recommendations on appropriate coverage, insurance limits and retention levels.
Manage and oversee all claim related activities; Liaise with legal on all claim related matters; Resolve claim disputes with carriers; Communicates and escalates insurance claims and risks quickly and efficiently across the organization to maximize recoveries.
Support day-to-day operations of corporate risk management, including policy administration and certificates of insurance for contractual compliance. Process invoices and issue certificates of insurance as requested.
Prepare loss analyses, identifying exposures, recommending solutions and implementing approved programs
Manage third party providers (including brokers, insurers and third party administrators)
Manage internal Company relationships related to all insurance programs
Review contractual insurance requirements and make recommendations on appropriate insurance language to various business units
Collaborate and work effectively on cross-functional teams with Finance, Legal, HR, Real Estate, Health & Safety, and Corporate Security on various risk management programs and initiatives, including development of policies and playbooks.
Prepare ad hoc presentations to internal business units on insurance programs and exposures
Knowledge, Skills, and Abilities?
Extremely detail-oriented with exceptional organizational skills
Ability to work under pressure, often in a deadline driven and fast paced environment
Ability to perform several tasks concurrently
Work independently as well as collaboratively in a team environment
Must possess excellent critical thinking and problem solving skills
Excellent communication skills, written and verbal
Effective interpersonal skills with the ability to work cross-functionally and establish strong relationships
Strong curiosity and willingness to learn and improve processes
Prior work experience in a Corporate Risk Management environment desired
Minimum Qualifications:
BA/BS degree or equivalent years of experience
Minimum 6+ years Insurance Risk Management experience
Preferred Qualifications:
Professional designation desirable (ARM or CRM)
Production & Media Liability insurance experience is a plus
Experience in high-tech or entertainment industry preferred
If you have a disability or special need that requires accommodation, please don’t be shy and provide us some information.
"Default Together" Policy at Snap: At Snap Inc. we believe that being together in person helps us build our culture faster, reinforce our values, and serve our community, customers and partners better through dynamic collaboration. To reflect this, we practice a “default together” approach and expect our team members to work in an office 4+ days per week.
At Snap, we believe that having a team of diverse backgrounds and voices working together will enable us to create innovative products that improve the way people live and communicate. Snap is proud to be an equal opportunity employer, and committed to providing employment opportunities regardless of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, pregnancy, childbirth and breastfeeding, age, sexual orientation, military or veteran status, or any other protected classification, in accordance with applicable federal, state, and local laws. EOE, including disability/vets.
Our Benefits: Snap Inc. is its own community, so we’ve got your back! We do our best to make sure you and your loved ones have everything you need to be happy and healthy, on your own terms. Our benefits are built around your needs and include paid parental leave, comprehensive medical coverage, emotional and mental health support programs, and compensation packages that let you share in Snap’s long-term success!
Compensation
In the United States, work locations are assigned a pay zone which determines the salary range for the position. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. The starting pay may be negotiable within the salary range for the position. These pay zones may be modified in the future.
Zone A (CA, WA, NYC):
The base salary range for this position is $142,000-$214,000 annually.
Zone B:
The base salary range for this position is $135,000-$203,000 annually.Zone C:
The base salary range for this position is $121,000-$182,000 annually.This position is eligible for equity in the form of RSUs.