Insurance Risk Specialist

SAP; Newtown (PA); Hybrid; USD 64,000 - 147,000; Full time

Job summary

A global software company is seeking an Insurance Risk Specialist to support their risk management activities. This hybrid role based in Newtown Square, PA, involves managing US workers compensation and automobile liability insurance programs, as well as supporting claims management and providing comprehensive insurance support for the organization's global operations. Candidates should possess a relevant bachelor's degree and 2-3 years of experience in an insurance-related role.

Qualifications

• 2-3 years in an international insurance and risk environment handling US casualty claims.
• Strong understanding of property and casualty lines.
• Experience in global industrial firm or insurance broker.

Responsibilities

• Manage US workers compensation and automobile liability programs.
• Support management of property and casualty insurance programs.
• Engage in insurance controlling and reporting.

Skills

Fluent in English

Good understanding of various insurance lines

Knowledge of US workers compensation

Experience with claims management

Education

Bachelor/University degree in Finance, Insurance and Risk Management

Job description

Overview

Hybrid remote in Newtown Square, PA, United States. Insurance Risk Specialist at SAP.

Education: Bachelor Degree required. This is a Finance field role open to job seekers with relevant background. Location: Hybrid remote in Newtown Square, PA, United States.

Job Description

Insurance Risk Specialist from the Company SAP; the role supports SAP's Global Insurance Risk Management organization, overseeing SAP's worldwide business insurance and risk financing activities. Responsibilities include development and implementation of SAP's risk financing strategy, purchase and administration of global and local insurance programs, claims handling, and management of supplier relationships. The team provides best practices as a service organization for SAP SE and its subsidiaries worldwide.

To enhance and support the team, we are looking for a process-savvy specialist in commercial insurance with a good understanding of various insurance lines, particularly US-specific coverages such as workers compensation and automobile, property, and liability. The position will also support handling of international insurance programs processes and will report to the Head of Global Insurance Risk Management.

Responsibilities

• Manage and administer US workers compensation and automobile liability insurance programs, including claims management.
• Support management of US property and casualty insurance programs.
• Function as corporate point of contact for US workers compensation issues and claims interfacing with human resources and facilities.
• Consult subsidiaries in defined territories, other corporate functions, and management on risk insurance issues, including customer, supplier, and partner contract reviews.
• Engage in insurance controlling and reporting, premium allocations, and invoicing processes.
• Assist team in handling of international insurance programs matters and risk management projects as required.
• Provide management with reports and recommendations concerning insurance and risk related data.
• Manage the Certificate of Insurance issuance process and eCOI website.

Work Experience

• 2-3 years in an international insurance and risk environment handling US casualty claims, either in a global industrial firm, an insurance company, or broker house.

Education and Qualifications/Skills and Competencies

• Bachelor/University degree in Finance, Insurance and Risk Management or comparable degree
• Fluent in English, both written and oral, comfortable in working in an international environment
• Working knowledge of the US workers compensation system
• Working knowledge of all major property and casualty lines as well as international insurance program matters

We build breakthroughs together. SAP innovations help more than 400,000 customers worldwide work together more efficiently and use business insight more effectively. SAP is a cloud company with a global presence, focused on inclusion, health and well-being, and flexible working models. We are an equal opportunity employer and provide accessibility accommodations to applicants with disabilities.

Equal Employment Opportunity

EOE AA M/F/Vet/Disability. Qualified applicants will receive consideration for employment without regard to age, race, religion, national origin, ethnicity, gender, or disability.

Compensation: The annualized compensation range for this position is 64,400-146,400 USD, with actual offers determined by experience, education, and other factors. This range includes base salary and variable incentive target.

Requisition ID: 381823 | Work Area: Administration | Employment Type: Regular Full Time | Additional Locations: #LI-Hybrid

Keywords: Newtown Square jobs

Closed Date: 2025-11-09