Manager, Global Risk Management

Cardinal Health; Kentucky; Hybrid; USD 107,000 - 168,000; Full time

Benefits offered by this job

Medical, dental & vision

Paid time off

HSA

401k plan

MyFlexPay access

FSAs

Disability coverage

Work-Life resources

Parental leave

Wellness programs

Job summary

Cardinal Health is seeking a Global Risk Management professional based in Ohio with mobility to Dublin, OH for key meetings. You will manage domestic/international casualty programs, renewals, broker relationships, and captive/reinsurance activities to protect assets.

Qualifications include a Bachelor’s degree and 8+ years of risk management experience, strong analytical and negotiation skills, and proficiency with RMIS systems and SAP. Travel and leadership duties expected.

Qualifications

• Bachelor’s degree in related field; 8+ years risk management experience preferred.
• Ability to define problems, collect data, and draw valid conclusions.
• Strong analytical and presentation skills.
• Ability to negotiate terms with underwriters and manage budgets.

Responsibilities

• Manages domestic and international primary casualty insurance programs and non-products umbrella.
• Renewal of policies, risk presentation to underwriters, terms negotiation, regulatory compliance.
• Support renewal submissions and underwriting inquiries.
• Directs brokers in renewal strategies, carrier selection, and pricing.
• Engage worldwide markets to ensure capacity for exposures.
• Support Cardinal Health captive insurance company and external manager.
• Manage captive reinsurance arrangements and group captive projects.
• Coordinate with actuaries for quarterly reserve analysis and reporting.
• Prepare cost reports, budgets, and loss history analyses.
• Recommend risk management budgets and unit allocations.
• Serve as RMIS system administrator and data steward.
• Perform due diligence on acquisitions, analyze risk exposures.
• Integrate acquired businesses into existing insurance programs.
• Identify new risk exposures and advise retention vs transfer.

Skills

Risk management

Insurance programs

Budgeting

Contract negotiation

Data analysis

Leadership

Regulatory compliance

Relationship management

Communication

Mentoring

Education

Bachelor’s degree in related field (Risk Management, Business Admin, Finance, Accounting)

Tools

SAP

Origami RMIS

Job description

Ideal candidate will be based in Ohio with the ability to come into the Dublin, Ohio office monthly, quarterly and as needed for key relationship meetings. What Global Risk Management contributes to Cardinal Health Global Risk Management is responsible for implementing, administering and monitoring executive, property and casualty risk transfer and alternative risk financing programs to protect Cardinal Health’s assets.

Responsibilities

• Manages domestic and international primary casualty commercial insurance programs (including the fronted miscellaneous professional liability) as well as the non-products umbrella.
• This involves the renewal of insurance policies, presentation of risk to insurance underwriters, negotiation of policy terms and conditions and compliance with country insurance regulations.
• Supports the completion of required insurance program renewal submissions and underwriting inquiries.
• Manages and directs insurance brokers in determining insurance policy renewal strategies, selecting insurance carriers, negotiating coverage and premium and placing insurance.
• Establishes relationships with worldwide insurance markets to ensure capacity for risk exposures.
• Provides the primary day-to-day support for the captive insurance company, works with an external captive manager and internal stakeholders.
• Manages and administers captive reinsurance arrangements and policies including strategic projects which may involve risk retention/group captive formation or other reinsurance arrangements.
• Works directly with actuaries to complete quarterly reserve analysis and communicates those results to internal stakeholders using established processes and procedures.
• Prepares operational and risk management reports including overall insurance program costs, annual budgets/forecasts, and historical loss experience.
• Recommends risk management budget for insurance coverages managed and determines business unit allocations for premium and retained risk costs.
• Functions as a system administrator for the departmental RMIS.
• Performs due diligence activities for potential acquisitions, including analysis of risk exposures, policy language and presenting due diligence findings to senior management.
• Manages integration of acquired businesses into Company’s insurance programs.
• Identifies new risk exposures, consults, analyzes and classifies risks as to frequency and potential severity in order to recommend whether such risks are retained or transferred to third parties.
• Reviews contracts to mitigate risk by drafting and negotiating insurance provisions, limitation on liability and providing advice regarding indemnification obligations.
• Manages and/or participates in various risk management projects as assigned.

Qualifications

• Bachelor’s degree in related field such as Risk Management, Business Administration, Finance, Accounting, or equivalent work experience, preferred 8+ years risk management experience and captive experience, preferred.
• Ability to define problems, collect data, and draw valid conclusions.
• Ability to make sound business judgements and decisions based on summary information.
• Ability to interpret applicable laws, regulations and contracts.
• Strong analytical skills.
• Ability to strategically plan and organize resources, orchestrate multiple activities at once to accomplish a goal/project management and use resources effectively/efficiently.
• Excellent oral and written communication skills.
• Ability to summarize and analyze financial matters into clear, concise presentations (written and oral) for effectively interacting with various levels of management.
• Proficient in Microsoft Office; Expert or Advanced Excel skills preferred; SAP experience preferred.
• Operational Excellence or Risk Management Information System experience with Origami is a plus.
• Relied upon to exceed goals successfully and to encourage self/others for results.
• Ability and enthusiasm to lead and mentor team members.
• Ability to deal comfortably with company senior leadership, to understand company strategic goals and articulate how Risk Management adds value.
• Ability to effectively present information and respond to questions from business partners, vendors, customers, and insurance underwriters.
• Strong interpersonal skills.
• Ability to work independently in a fast paced, dynamic environment with deadlines.

Benefits

• Medical, dental and vision coverage
• Paid time off plan
• Health savings account (HSA)
• 401k savings plan
• Access to wages before pay day with myFlexPay
• Flexible spending accounts (FSAs)
• Short- and long-term disability coverage
• Work-Life resources
• Paid parental leave
• Healthy lifestyle programs

Anticipated salary range: $106,700-$167,640 Bonus eligible: Yes

Application Window

Application window anticipated to close: 12/01/2026

Equality & Diversity

Cardinal Health supports an inclusive workplace that values diversity of thought, experience and background. We celebrate the power of our differences to create better solutions for our customers by ensuring employees can be their authentic selves each day.

Cardinal Health is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, ancestry, age, physical or mental disability, sex, sexual orientation, gender identity/expression, pregnancy, veteran status, marital status, creed, status with regard to public assistance, genetic status or any other status protected by federal, state or local law.

Headquartered in Dublin, Ohio, Cardinal Health, Inc. (NYSE: CAH) is a distributor of pharmaceuticals, a global manufacturer and distributor of medical and laboratory products, and a provider of performance and data solutions for healthcare facilities. We are a crucial link between the clinical and operational sides of healthcare, delivering end‑to‑end solutions and data‑driving insights that advance healthcare and improve lives every day. With deep partnerships, diverse perspectives and innovative digital solutions, we build connections across the continuum of care. With more than 50 years of experience, we seize the opportunity to address healthcare’s most complicated challenges — now, and in the future.

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