Risk Management Specialist
Land O'Lakes is seeking a Risk Management Specialist to support and assist in our corporate and risk management operations, including regulatory compliance, the company-wide surety program, insurance renewals, certificates of insurance, third-party property damage recovery, and insurance-related financial administration. This role will apply professional judgment to analyze requirements, coordinate cross-functional and external stakeholders, resolve issues, strengthen processes and controls, and deliver accurate, timely, audit-ready outcomes, escalating matters with material coverage, legal, financial, or strategic implications.
Key responsibilities will include:
Regulatory Reporting, Compliance & Surety Program Management (25%)
- Own recurring insurance, self-insurance, and regulatory filings, reports, assessments, and audits; interpret requirements, establish work plans, and ensure accurate and timely completion.
- Analyze payroll, employee, claims, financial, and exposure information; reconcile discrepancies, prepare submissions and related payment requests, and maintain defensible supporting documentation.
- Manage the company-wide surety program, including evaluation and coordination of bond requests, renewals, cancellations, indemnity and supporting documentation, and relationships with brokers and surety providers.
- Monitor statutory and contractual obligations, identify emerging issues or control gaps, recommend corrective action, and elevate material exceptions.
Third-Party Property Damage Recovery (20%)
- Lead recovery matters involving third-party damage to company-owned or leased facilities, property, or infrastructure from initial notification through resolution.
- Assess available facts, establish recovery strategy, and coordinate evidence, repair estimates, invoices, responsible-party and insurer communications, and formal recovery demands.
- Partner with Facilities, Legal, Finance, insurers, brokers, and business stakeholders to resolve disputed or complex matters and maximize timely recovery of repair and related costs.
- Track financial results, reconcile receipts, maintain complete case documentation, identify trends, and elevate material exposure or recovery risk.
Insurance Program & Renewal Management (25%)
- Manage annual renewal workstreams for casualty and executive-risk programs, including timelines, information requirements, stakeholder assignments, and completion status.
- Analyze and compile exposure, payroll, location, vehicle, financial, loss, and operational information; challenge inconsistencies and coordinate resolution with business partners.
- Prepare applications, questionnaires, exhibits, and underwriting materials for leadership and broker review; identify matters requiring coverage, underwriting, or strategic discussion.
- Partner with brokers, insurers, Finance, Legal, and business stakeholders to improve data quality, renewal readiness, and program administration.
Certificate of Insurance & Contractual Risk Administration (15%)
- Manage liability and property certificate processes and other proof-of-insurance requirements for internal and external stakeholders.
- Evaluate requests against approved coverage and contractual requirements, resolve routine exceptions, and elevate nonstandard or potentially material obligations.
- Monitor service levels, documentation quality, expirations, and deficiencies; coordinate corrective action and maintain accurate, audit-ready records.
- Identify recurring issues and implement process improvements that strengthen consistency, responsiveness, and control.
Insurance Financial Administration & Vendor Management (15%)
- Manage purchase requisitions, purchase orders, invoices, payment requests, regulatory fees, and recurring insurance-related payments within established financial controls.
- Review charges and supporting documentation for accuracy, resolve discrepancies, monitor commitments and payment status, and maintain reliable financial trackers.
- Coordinate with Procurement, Accounts Payable, brokers, insurers, and vendors to resolve service and payment issues and support effective vendor relationships.
- Identify process or control improvements and provide clear reporting on outstanding items, exceptions, and financial administration risks.
Education/Experience Requirements:
- Bachelor's or Associate Degree required along with a minimum of 3-5 years related work experience preferred. Previous experience insurance or risk management operations, regulatory compliance, claims or recovery administration, finance operations, procurement, or a related business function strongly desired.
- Demonstrated proficiency with Microsoft Office, particularly Excel and Outlook required. Experience with document-management, procurement, invoice, claims, or reporting systems preferred.
- Demonstrated ability to independently manage recurring programs, multiple deadlines, and cross-functional deliverables with limited day-to-day direction.
- Working knowl