Job Description Summary
The role as Insurance Manager, reporting to the Director of Global Insurance and will support the in building and developing GE Aerospace's Global Insurance function. The Corporate Insurance Manager will develop a thorough understanding of GE Aerospace's business and develop partnerships across the business and the insurance industry to enable the identification, quantification and management of insurable risk as well as provide subject matter expertise. This role will provide risk management expertise and guidance in achieving compliant and efficient insurance programs and ensures relevant risks are adequately covered by way of insurance or other risk management techniques.
This is a hybrid role located in Evandale, Ohio or Norwalk, CT. Relocation available.
Job Description
Roles and Responsibilities
• Lead select insurance placements including the management and negotiation of coverage. Renewal of these programs involves setting renewal strategy; collection and presentation of underwriting data; negotiation of policy terms and conditions with detailed review and technical knowledge of policy form terms, conditions, and endorsements
• Management and further development of GE Aerospace's Origami RMIS application to ensure timely and accurate collection and retention of insurance policy placement data and associated claims, insurance policy governance, and provision of program services inclusive of claim reporting and certificate issuance
• Drive/ collaborate on risk profile improvement in key areas including property loss prevention, employee safety, cyber security governance and sourcing and commercial contractual terms related to indemnity, limitation of liability and insurance requirements
• For select insurance placements, ensure third-party administrators are adjusting claims in accordance with required standards and Delegation of Authority. Drive/ oversee timely and appropriate resolution of risk transfer claims. Collaborate with finance and/or legal to ensure all outstanding claims are properly valued and reserved
• Assist the Insurance Leader with strategic priorities; leads placement and management of select insurance placements inclusive of claim resolution; and leads service delivery
• Create educational material and provide access to self-help information/ provide educational sessions to empower users to independently make well-informed decisions involving insurance
Required Qualifications
• Bachelor's or Master's degree in finance, risk management or related field
• 8-10 years of risk management experience in large commercial insurance lines or risk management; global and international program experience preferred
Desired Characteristics
• Risk management designation/certification (ARM, CPCU) a plus
• Demonstration of key finance competencies
• Strong leadership experience, including demonstrated ability to create and develop teams and partnerships; set strategy; project manage and deliver committed results
• Strong written and oral leadership communication and executive presence
• Risk management mindset, anticipating issues and potential mitigation
• Strong technical knowledge of insurance program coverages and markets
• Experience in RMIS systems
• Experience in claim process oversight and claim resolution
• Aerospace industry knowledge desired
GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.
GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).
Relocation Assistance Provided: Yes