Novi, MI, 48376, USA
6 days ago
Manager, Global Insurance & Risk
The Global Insurance and Risk Manager is a key member of the risk management team with the primary responsibility for supporting Lineage’s global strategic risk management and insurance strategy. This involves identifying, assessing and assisting with the mitigation of company risks, while ensuring Lineage has appropriate insurance coverage in place based on the application of total cost of risk analysis. The Global Insurance and Risk Manager will collaborate with internal teams, external stakeholders, and insurance providers to safeguard the organization's assets and operations. The Global Insurance and Risk Manager will have two (2) direct reports: An Insurance and Risk Analyst and Claims Analyst. **Key Responsibilities:** + **Global Insurance Management:** + Oversee the company’s global insurance programs, including but not limited to property, casualty, workers compensation, environmental, director and officers, financial lines, warehouse legal liability, etc. + Develop and implement strategies for insurance coverage to ensure adequacy, compliance, and cost-effectiveness across all regions and subsidiaries + Conduct regular reviews of insurance policies, working closely with brokers and insurers to evaluate coverage options and optimize terms + Stay abreast of global insurance trends, emerging risks, and regulatory changes, and adjust strategies as needed to ensure the organization remains protected + Manage the renewal process for insurance policies, preparing necessary documentation and facilitating negotiations with insurers to achieve the best outcomes. + Ensure the company maintains proper documentation and audit trails for insurance policies, claims, and risk assessments. + Manage collateral positions + **Risk Assessment and Mitigation Strategies:** + Identify and assess risks across the organization, including operational, financial, regulatory, and strategic risks, on a global scale + Collaborate with cross-functional teams to ensure effective risk identification, assessment, and mitigation at both the global and local levels + Develop and implement comprehensive risk management strategies and frameworks to minimize potential losses and operational disruptions + Conduct risk assessments and loss prevention analysis, recommending improvements and control measures to reduce the impact of risks + Review contracts, leases, and financing agreements for insurance and indemnity issues + Advise leadership on best practices for reducing risk and strive for alterative risk management opportunities + Assist with the evaluation, implementation and management of insurance captive + Coordination with Safety, Legal, Finance, Construction and Executive Leadership Teams + **Claims Management:** + Oversee the claims process, including working with internal teams and external adjusters to ensure accurate and timely claims reporting, tracking, and resolution + Monitor and report on claims trends, providing insights to senior management for continuous improvement + **Analysis and Reporting:** + Prepare and present regular risk and insurance reports to senior management, highlighting key issues, performance metrics, risk assessments (existing and potential), and recommendations for coverage improvements + Communicate risk management strategies to all departments to foster awareness + Interface with Accounting and Finance teams globally on insurance and risk management expenses; including actuals, budgets, forecasts, variances and the underlying business/market drivers + **Vendor and Stakeholder Management:** + Build and maintain strong relationships with insurance brokers, underwriters, legal advisors, and other third-party vendors + Work closely with internal legal and finance teams to manage the interaction between insurance policies, corporate governance, and financial risk + Educate and train team members on risk management principles, insurance coverage, and procedures + **M&A:** Lead due diligence and risk management for acquisitions **Educational/Job Experience Requirements** + Bachelor’s degree in business administration, preferred Accounting, Finance, or Risk Management + Five (5) to Seven (7) years of experience in risk management + Strong knowledge of insurance products and risk management strategies + Analytical skills for assessing risk and making data-driven decisions, including expertise in risk transfer and cost/benefit analysis + Familiarity with legal and regulatory requirements in the insurance and risk management field. + Ability to negotiate with insurance providers and vendors. + Proficiency in Microsoft Office, including Word, Excel, and PowerPoint + Excellent written and oral communication skills + Possess Insurance Designations such as CPCU, ARM, or other equivalent licenses + General understanding of accounting and budgeting **Skills and Abilities** + Commitment to providing superior service to internal clients, quality work product and deliverables, and supporting an atmosphere of teamwork and continuous improvement + Strong organizational skills + Financial acumen + Self-Motivated, process oriented and committed to meeting deadlines + Ability to work with a wide range of people in a team setting + Willingness to learn and become adept at the Company’s accounting and budgeting systems + Commitment to professional growth Why Lineage? This is an excellent position to begin your career path within Lineage! Success in this role enables greater responsibilities and promotions! A career at Lineage starts with learning about our business and how each team member plays a part each and every day to satisfy our customers’ requirements. Beyond that, you’ll help us grow and learn on our journey to be the very best employer in our industry. We’ll ask you for your opinion and ensure we do our part to keep you developing and engaged as we grow our business. Working at Lineage is energizing and enjoyable. We value respect and care about our team members. Lineage is an Equal Employment Opportunity Employer and is committed to compliance with all federal, state, and local laws that prohibit workplace discrimination and unlawful harassment and retaliation. Lineage will not discriminate against any applicant on the basis of race, color, age, national origin, religion, physical or mental disability or any other protected status under federal, state and local law. Benefits Lineage provides safe, stable, reliable work environments, medical, dental, and basic life and disability insurance benefits, 401k retirement plan, paid time off, annual bonus eligibility, and a minimum of 7 holidays throughout the calendar year. More vacancies in the Netherlands (https://nl.indeed.com/cmp/Lineage-055976f9?from=mobviewjob&tk=1hs858ajlmnao847&fromjk=e757d669ba21113f&attributionid=mobvjcmp) Not sure which role is right for you? Let us do the work! Share your contact information and a resume or CV. A member of our recruiting team will reach out to you to explore roles we think could be a good match. At Lineage, we have a shared purpose: We are transforming the food supply chain to eliminate waste and help feed the world. Our shared purpose drives everything we do in all parts of our organization, from the warehouse floor to the corner office. The work we do is noble, and our team members are passionate about the impact they make every day. Working at Lineage is not just a job – it’s an opportunity to innovate and put your mark on how food moves from the farm to dinner tables around the world. As a member of the Lineage Logistics team, you are a critical link in the food supply chain. If you are having trouble applying, contact our Human Resources team here: Contact Us | Lineage Logistics (https://www.lineagelogistics.com/contact-us) At Lineage Logistics, helping to feed the world is more than a job – it’s a purpose we live every day. Lineage is one of the world’s leading temperature-controlled logistics companies. Driven by our core values, we’re reimagining the global food supply chain. Lineage helps customers ranging from Fortune 500 companies to small family-owned businesses increase the efficiency and protect the integrity of their temperature-controlled supply chain. In recognition of the company’s leading innovations, Lineage was recognized as the No 1. Data Science company on Fast Company’s annual list of the World’s Most Innovative Companies in 2019, in addition to ranking 23rd overall in an evaluation of thousands of companies worldwide. As part of the Lineage family, you’ll have the opportunity to grow your career as we continually expand, using technology and award-winning innovations, to meet the needs of customers around the world.
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