Senior Director Insurance & Risk Financing

439q Siemens Healthineers AG; United States; On-site; USD 175,000 - 240,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) retirement plan

Life insurance

Disability insurance

Paid time off

Parking/Transit

Job summary

Siemens Healthineers is seeking a Senior Director Insurance & Risk Financing to lead insurance activities across the Americas, with a focus on US workers’ compensation and automobile insurance. You will manage regional programs, coordinate brokers and insurers, and drive risk reduction while reporting to the Global Head of Corporate Insurance.

You will lead a regional team, oversee claims and reserves, and support M&A-related insurance activities within a multinational framework.

Qualifications

• University degree in business administration, finance, law, engineering, risk management, insurance or equivalent.
• 10+ years in corporate insurance, brokerage, insurer or risk management.
• Knowledge of US commercial insurance market and workers’ comp/auto programs.
• Experience with claims management, reserves and actuarial coordination.
• Familiar with casualty, property, workers’ comp and other programs.
• Experience coordinating renewals, exposure data and billing.

Responsibilities

• Lead Americas insurance and risk management within a global framework.
• Service local corporate insurance programs, renewals and data collection.
• Manage US insurance portfolio: workers’ comp, auto, and other coverages.
• Direct broker and insurer relationships and US placement strategy.
• Oversee claims, loss forecasting, reserve management and audits.
• Coordinate regional projects, risk-reduction and dashboards.
• Lead and develop the US insurance team.

Skills

Operational mindset

Analytical skills

Leadership

Communication

Willing to travel

Education

University degree in business/finance/law/engineering

Job description

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

Join our global team as Senior Director Insurance & Risk Financing and lead Siemens Healthineers’ insurance activities across the Americas, with a particular focus on US operational insurance risk management, including workers’ compensation and automobile risks. The role reports to the Global Head of Corporate Insurance and supports the implementation of the global corporate insurance strategy within the Americas. Within the global governance framework and strategic direction established by Global Corporate Insurance, you will manage regional insurance operations, place and renew locally required US-insurance programs, coordinate internal and external stakeholders and provide professional insurance and risk‑management advice to the businesses. You will lead and develop a regional team, expected to comprise two associates.

Tasks and responsibilities

• You lead the operational insurance and risk management for the Americas as part of a multinational organization, ensuring effective implementation of the global insurance strategy, policies and governance framework.
• You service the corporate insurance programs locally and oversee regional insurance programs, annual renewals, exposure‑data collection, coverage administration and the transition to independently administered insurance arrangements.
• You are responsible for the US insurance portfolio, including workers’ compensation, automobile, and other locally required coverages.
• As the primary US contact for brokers and insurers, you manage broker relationships, renewals and insurer negotiations and drive the US placement strategy in alignment with Global Corporate Insurance.
• You oversee significant claims, settlement strategies, loss developments and litigation reviews, working with the businesses, brokers, insurers and claims administrators to drive effective claims resolution and sustainable risk reduction.
• You direct the regional claims, actuarial and reserve‑management processes, including the validation of claims data, coordination of actuarial reviews and reserve calculation, loss forecasting and support for external audits.
• You ensure the quality, transparency and consistency of claims and reserve information and manage communication among actuaries, auditors, insurers, brokers and internal stakeholders.
• You oversee insurance collateral and financial administration for the region, including legacy and ongoing collateral requirements, premium allocations, broker and insurer billings, and certificates of insurance.
• You provide senior insurance and risk‑management advice to the Americas businesses, including guidance on risk‑specific matters, insurance coverage, customer and project contracts and M&A transactions.
• You lead regional negotiations with insurers.
• You align material coverage and strategic decisions with the Global Head of Corporate Insurance.
• You manage the performance of local insurers, brokers, third‑party administrators and other external service providers, establishing clear expectations, monitoring service quality and ensuring timely and accurate delivery.
• You also coordinate regional insurance projects, risk‑reduction initiatives, claims dashboards and other measures that improve transparency and operational effectiveness.
• You support property risk management and loss prevention at production sites in the Americas, working with risk engineers and site leadership to assess property and fire exposures, prioritize the remediation of loss‑prevention recommendations and implement fire and asset protection standards that strengthen business continuity.
• You lead and develop the US‑insurance team, setting priorities, allocating responsibilities and fostering a collaborative and high‑performing environment.
• You represent the US within the Global Corporate Insurance organization and ensure effective cooperation across businesses, functions, countries and external partners.

Qualifications and experience

• You hold a successfully completed university degree in business administration, finance, law, engineering, risk management, insurance or a comparable field. Alternatively, you have extensive relevant professional experience and recognized insurance or risk‑management qualifications that provide an equivalent level of expertise.
• You have 10+ years of relevant professional experience in corporate insurance, insurance brokerage, an insurance company, claims management or operational risk management.
• You have strong knowledge of the US commercial insurance market and practical experience in designing, placing and renewing US workers’ compensation and automobile insurance programs.
• You have sound experience in claims management, claims analytics, reserve reviews, actuarial coordination and the management of collateral related to deductible or self‑insured insurance arrangements.
• You are familiar with the operational management of casualty, property, workers’ compensation, automobile and other corporate insurance programs.
• You have experience coordinating insurance‑renewal processes, collecting and validating exposure information, supporting premium allocations and administering insurance‑related billing and documentation.
• You have practical experience reviewing contractual insurance requirements and providing insurance and risk‑management advice to business stakeholders.
• You have experience supporting M&A transactions, insurance due diligence or insurance‑program separation and transition activities.
• You have experience managing employees or small professional teams and enjoy developing people.
• You have successfully coordinated complex projects involving multiple internal and external stakeholders, often within demanding timelines.

Attributes and skills

• You combine a strong operational mindset with sound professional judgment and understand how regional insurance activities fit within a global corporate insurance framework.
• You take ownership of your area of responsibility while recognizing global governance, decision‑making authorities and escalation requirements.
• You are highly organized, reliable and capable of managing multiple insurance, claims and project activities simultaneously.
• You have strong analytical and conceptual skills and can translate complex claims, exposure and insurance information into practical recommendations.
• You communicate clearly and confidently with business stakeholders, senior management, insurers, brokers, actuaries, auditors and other external partners.
• You are skilled at coordinating stakeholders with different perspectives and at driving matters toward timely and practical solutions.
• You demonstrate a collaborative leadership style and create an environment in which team members can contribute, develop and perform effectively.
• You are proficient in the use of insurance data, claims information, dashboards and digital tools and are motivated to improve and standardize operational processes.
• You have excellent written and spoken English. Additional language skills are an advantage.
• You are willing to travel within the Americas and internationally as required.

Base pay

The base pay range for this position is: $174,580 - $240,053. Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate. If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company’s plan. Commissions are based on individual performance and/or company performance.

Benefits

• medical insurance, dental insurance, vision insurance, 401(k) retirement plan.
• life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.

Equal Employment Opportunity Statement

Siemens Healthineers is an Equal Opportunity and Affimative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law. EEO is the Law: Applicants and employees are protected under Federal law from discrimination.