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Senior Manager, Global Insurance Risk Management
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Senior Manager, Global Insurance Risk Management
Job summary
A global technology firm in Toronto seeks a Senior Manager for Insurance & Risk Management. This role involves leading global risk management initiatives, negotiating insurance placements, and mentoring teams. The ideal candidate has a Bachelor's degree in Business or a related field and a professional risk management designation. Offering a salary range of $140,000 to $160,000 annually, the position comes with a hybrid work model and opportunities for professional growth.
Benefits
Qualifications
- Bachelor’s degree in a relevant quantitative field with a focus on risk management or insurance.
- Professional risk management designation is highly preferred.
Responsibilities
- Lead global risk management strategy addressing mitigation and insurance placement.
- Execute the annual global insurance renewal process across required lines.
- Serve as the primary liaison for brokers and third-party administrators.
- Act as the senior claims advocate for major global incidents.
- Review commercial contracts for compliance with insurance clauses.
- Collaborate with teams to implement loss prevention programs.
Skills
Education
Our client is a global technology company. They are looking for a Senior Manager, Insurance & Risk Management to join their team!
- Global Company
- Team oriented
- Plenty of Learning opportunities
- Hybrid work model
- Lead global risk management and coverage strategy, ensuring identified risks are addressed via mitigation, self insurance, alternative risk transfer, or external insurance placement
- Lead and execute the annual global insurance renewal process across all required lines of coverage, including
- Global Property, Casualty, General Liability, Directors & Officers (D&O), Cyber Liability, Marine Cargo, and Product Liability.
- Manage and validate the collection of global exposure information across multiple countries, and oversee the accurate allocation of premiums to various business units (SBUs).
- Serve as the primary liaison for brokers, third-party administrators, and underwriters, driving negotiation of coverage terms, limits, and pricing to optimize cost and protection.
- Act as the senior internal claims advocate for all major global incidents (Property, General Liability), directing third-party administrators and legal counsel to ensure maximum recovery and favorable resolution.
- Advise internal Legal, Sales, and Procurement teams by reviewing commercial contracts to ensure compliance with insurance clauses, indemnity requirements, and risk transfer obligations
- Collaborate with Global Real Estate, Facilities, and Operations teams to drive and implement loss prevention programs aimed at pre-claim exposure mitigation.
- Participate as the subject matter expert on Merger & Acquisition (M&A) due diligence activities and lead the subsequent insurance integration and exposure consolidation.
- Manage, mentor, and develop the Insurance Analyst/Specialist, overseeing daily workflow and fostering technical development.
- Bachelor’s degree in Business, Finance, Risk Management, or a quantitative field. Additionally, a specialization in insurance or risk management would be an asset.
- Professional risk management designation is highly preferred.
$140,000 - $160,000 / year
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #462199
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.