Risk & Insurance Administrator

Tesla, Inc; Oakland (CA); On-site; USD 60,000 - 186,000; Full time

Job summary

Tesla's Global Risk Management and Insurance Team seeks a Risk and Insurance Administrator to manage and assist with corporate insurance and surety programs. The role offers opportunities for career growth and involves contract negotiation, risk consultations, and ensuring compliance with insurance procedures. Candidates should have over 5 years of experience in risk management or insurance, with strong communication skills and the ability to work independently.

Benefits

Health plans

Dental and vision coverage

401(k) with employer match

Flexible spending accounts

Employee stock purchase plans

Paid time off

Qualifications

• 5+ years' experience in corporate risk management, insurance or broker environment.
• Experience with large, multinational insurance programs preferred.
• Proficiency in Microsoft Office applications.

Responsibilities

• Provide risk management consultation and guidance to Tesla stakeholders.
• Manage insurance and surety transactions, supporting Tesla's energy business needs.
• Lead training on insurance terms and contractual obligations.

Skills

Risk management consultation

Insurance compliance

Contract negotiation

Supplier communication

Interpersonal skills

Microsoft Office proficiency

Education

5+ years in corporate risk management or insurance

Job description

Tesla's Global Risk Management and Insurance Team manages the company's corporate insurance, risk management, and surety programs across all business components. The Risk and Insurance Administrator reports to the Senior Risk & Insurance Manager. This role involves managing insurance and surety transactions, assisting in contract review and negotiation, and supporting Tesla's energy business needs. It offers opportunities for career growth within Tesla.

Key Responsibilities:

1. Provide risk management consultation and guidance to Tesla stakeholders.
2. Ensure compliance with Tesla's risk management and insurance procedures and contractual commitments.
3. Interpret insurance language related to indemnity, self-insurance, and risk of loss for contract negotiations.
4. Process and track certificates or letters of insurance with stakeholders.
5. Manage surety bond issuance and tracking.
6. Lead or participate in training on risk philosophies, insurance terms, and contractual obligations.
7. Assist in collecting and reviewing exposure information for insurance purposes.

Qualifications:

1. 5+ years' experience in corporate risk management, insurance company, or broker environment.
2. Expertise in surety, commercial insurance, insurance contracts, underwriting, and claims.
3. Experience with large, multinational insurance programs.
4. Ability to work independently, prioritize, and meet deadlines.
5. Strong interpersonal skills for effective communication and influence.
6. Proficiency in Microsoft Office applications.
7. Experience in renewable energy and project/Construction insurances is preferred.

Benefits:

Full-time Tesla employees are eligible from day one for benefits including health plans, dental and vision coverage, HSA contributions, flexible spending accounts, 401(k) with employer match, employee stock purchase plans, insurance, paid time off, and various voluntary benefits. Compensation ranges from $60,000 to $186,000 annually, depending on experience and location, with additional incentives and stock awards.

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Location: Oakland, CA, United States