Risk Manager

Donaldson Aerospace & Defense; BLOOMINGTON (MN); On-site; USD 93,800 - 122,000; Full time

Benefits offered by this job

Health benefits

Retirement plan (401k)

Paid time away

Job summary

Donaldson Aerospace & Defense in Bloomington, MN is seeking a Risk Manager to support risk management and insurance programs. This role oversees workers’ compensation claims, coordinates property risk management initiatives, and supports insurance program administration.

The ideal candidate has over 8 years of experience and strong knowledge of claims handling practices. This full-time position offers a salary range of $93,800 – $122,000 along with competitive benefits.

Qualifications

• 8+ years of experience in risk management, insurance, or claims administration.
• Strong knowledge of workers’ compensation claims handling practices.
• Ability to manage multiple priorities and work effectively across functions.

Responsibilities

• Lead day-to-day oversight of workers’ compensation claims within a high-deductible program.
• Collaborate with stakeholders on return-to-work planning and accommodations.
• Analyze and report claims, exposure, and loss prevention data to identify trends.

Skills

Workers’ compensation claims management

Analytical skills

Collaboration across functions

Insurance program administration

Education

Bachelor’s degree

Job description

## Risk ManagerApplylocations: Bloomington, MN (USA)time type: Full timeposted on: Posted 3 Days Agojob requisition id: JR-26893Donaldson is committed to solving the world’s most complex filtration challenges. Together, we make cool things. As an established technology and innovation leader, we are continuously evolving to meet the filtration needs of our changing world. Join a culture of collaboration and innovation that matters and a chance to learn, effect change, and make meaningful contributions at work and in communities. **Position Summary:**The **Risk Manager** partners closely with the Director of Risk Management to support the administration and continuous improvement of the Company’s global risk management and insurance programs. This role plays a key part in protecting the organization’s assets through a strong focus on workers’ compensation claims management within a high-deductible program and property loss prevention through coordination with FM Global engineering resources.The position requires a detail-oriented professional who can effectively collaborate across functions—including HR, EHS, Finance, Legal, and Operations—to drive claim outcomes, manage risk, and support strategic initiatives. Qualified candidates must be able to work a hybrid schedule at our **Bloomington, MN** office/facility.**Role Responsibilities:****Workers’ Compensation Claims Management*** Lead day-to-day oversight of workers’ compensation claims within a high-deductible program* Manage the third-party administrator (TPA) to drive claim strategy, reserve adequacy, and timely resolution* Conduct regular claim reviews, with a focus on large, complex, or litigated claims* Collaborate with key stakeholders on return-to-work planning, accommodations, and claim resolution strategies* Monitor and report claim trends, identify loss drivers, and recommend actionable improvements* Support litigation management, including coordination with defense counsel and internal stakeholders**FM Global Engineering & Property Risk Management*** Coordinate with FM Global and partner with internal stakeholders to lead property risk engineering and loss prevention initiatives* Manage FM engineering visits, track and prioritize recommendations to ensure timely execution by facility teams, report follow-up activities, and monitor progress**Insurance Program Administration*** Support the placement and renewal of global property and casualty insurance programs* Assist with exposure data collection, underwriting submissions, and program analysis* Manage certificates of insurance, policy documentation, and related compliance activities* Coordinate with brokers and insurers to address coverage questions and policy administration* Support M&A due diligence and insurance program integration* Review contractual insurance requirements for alignment with risk management standards**Claims Management (General Liability, Auto, Property)*** Support the management of general liability, auto liability, and property claims as needed* Assist with claim reporting, investigation coordination, and coverage analysis* Partner with internal stakeholders and external partners to facilitate efficient claim resolution**Analytics & Reporting*** Analyze and report claims, exposure, and loss prevention data to identify trends and inform risk management strategy* Develop and maintain reports and dashboards related to claims performance and risk metrics* Support budgeting, accruals, and total cost of risk analysis**Minimum Qualifications:*** Bachelor’s degree* 8+ years of experience in risk management, insurance, or claims administration**Preferred Qualifications:*** Strong knowledge of workers’ compensation claims handling practices* Experience managing workers’ compensation programs in a high-deductible or self-insured environment* Experience working with third-party administrators (TPAs) and conducting claim reviews* Familiarity with FM Global or similar property risk engineering carriers* Professional designations such as ARM, CPCU, or similar* Excellent analytical, organizational, and communication skills* Ability to manage multiple priorities and work effectively across functions**Relocation:** This position is not eligible for relocation assistance. **Annual Salary Range:** $93,800 – 122,000. Actual salaries will vary based on several factors including, but not limited to applicable work experience, training, education, performance. Based on work location, geographic adjustment is included.This position is eligible for **sales incentive or commission plan**, based on sales targets under company policy.Employee benefits are part of the competitive total rewards package that Donaldson Company, Inc. provides to you. Our comprehensive benefits program includes health benefits, retirement plan (401k), paid time away, paid leaves (including paid parental leave) and more. **Immigration Sponsorship Not Available:*** Applicants for this position must be currently and legally authorized to work in the United States without the need for current or future sponsorship (e.g., H-1B, J-1, F-1, CPT, OPT, etc.).* Donaldson will not offer immigration sponsorship or assume sponsorship of an employment visa for this position.* International relocation or remote work arrangements outside of the U.S. will not be considered.**Keywords:** Risk Management, Continuous Improvement, Loss Prevention, Workers Compensation, Claims