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Risk Manager - Insurance Job in Cleveland, Ohio US

Risk Manager - Insurance

PARKER HANNIFIN CORPORATION - Cleveland, OH

Posted: 2/25/2021 - Expires: 5/26/2021

Job ID: 224712472

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Job Description

Risk Manager - Insurance
                       

                       


                                    Location: CLEVELAND, OH, United States

                                
                                     Job Family
                                 : Finance/Economics

                                
                                    Job Type
                                 : Regular

                                
                                            Posted
                                    : Feb 10, 2021

                                 Job ID: 18757


                       

                       
                       

                   

                   
                       
                                                   
                                    Job Description
                           

                                
                           
                               
                                    

                               
                           

                           

                       

OVERVIEW
Responsible for overall management and objectives of Parker Insurance Program.  Works with Parker's Risk Management Committee, Director of Risk Management and the Manager of Risk Management Operations to set strategy for insurance, alternative risk financing, Parker's Captive, and related matters.  Coordinates GRC property loss control audits with Parker EHS department. 
ORGANIZATIONAL RELATIONSHIPS
REPORTS TO:  Director, Risk Management
DIRECT REPORTS:  Oversees Parker insurance brokers and underwriters; coordinates GRC Property Loss Control audits with Parker EHS department
RESPONSIBILITIES
Insurance Management
*Oversee all property and casualty insurance programs.
*Work with Director of Rick Management to evaluate and recommend appropriate risk financing methods to RM Committee.
*Act as Chief Operating Officer of Parker captive.
*Manage services provided by Parker insurance brokers and insurers.
*Review and correct all insurance binders, certificates, and policies.
*Act as resource to identify and assess insurable risks associated with Parker operations.   
*Provide consultation and technical advice on insurance issues to internal Insurable Risk management and Division management and staff.
*Coordinate renewal strategy meetings and Annual Stewardship meetings with brokers.
*Oversee gathering of renewal information and preparation of renewal documents and recommendations.
*Maintain history of insurance policies and related documentation, including for acquired companies and operations.
COMMUNICATION & COLLABORATION
*Prepare insurance reports for RM Committee and the Acadia Board and management.
*Works with EHS department to coordinate property loss control audits and maintains data on recommendations
*Works with Internal Audit, Compliance & ERM department on Sarbanes-Oxley and other compliance and ERM issues.
*Assist with insurance and risk management due diligence reviews for mergers and acquisitions
PERFORMANCE MEASURES:
*Contribution to the Parker Risk Leadership Team
*Completion of annual objectives
*Quality and accuracy of renewal documentation
*Accuracy of final insurance binders and policies
*Quality and accuracy of insurance reports
EDUCATION & QUALIFICATIONS:
EDUCATION
*Bachelor's degree in business or finance required; advanced degree a plus
*ARM, CPCU, or another risk management or insurance designation desirable
EXPERIENCE
*Seven to ten years of risk management and/or insurance experience, with at least three in a risk management or insurance position at a large company.
*Thorough knowledge of all lines of property and casualty insurance.
*Knowledge of and experience with captive insurers and other alternative financing mechanisms.
SPECIAL SKILLS
*Able to generate new ideas, champion different approaches, exhibit leadership abilities and encourage teamwork by actively supporting others
*Results oriented with a sound knowledge of the business environment and able to communicate ideas in a clear and concise manner orally and in writing.
*Strong data analysis skills and ability to communicate findings to non-techs.
*Ability to solve practical problems in situations where only limited standardization exists
*Excellent administrative and organizational skills
*Computer skills in Windows environment, working knowledge of Word, Excel, Access, RMIS systems


 ("Minority/Female/Disability/Veteran/VEVRAA Federal Contractor")
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to http://www.eeoc.gov/employers/upload/eeoc_self_print_poster.pdf
and
http://www1.eeoc.gov/employers/upload/eeoc_gina_supplement.pdf
                   

                       
                                                   
                           

                                
                           
                               
                               
                           

                           

                       

                   

               

           

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. U.S. Citizenship/Permanent Resident is required for most positions.

Job Summary

Employment Type:
Full Time Employee
Job type:
Federal Contractor
Skill Based Partner:
No
Education Level:
Bachelor's degree
Work Days:
Mon, Tue, Wed, Thu, Fri
Job Reference Code
45903894_1
Salary
N/A
Licenses / Certifications:
N/A
Display Recommended WorkKeys®Recommended WorkKeys®:
N/A