Based at Arkema's Corporate Offices and R&D Center in King of Prussia, PA, the Manager, Insurance & Risk Management is responsible for the administration of Arkema's Risk Management programs. This position reports to the Deputy General Counsel, Labor, Employment and Regulatory Affairs/Manager, Ethics and Compliance.
Specific job activities include (but are not limited to):
Management of Primary and Excess Property and Casualty program - including collection, verification and preparation of specifications and underwriting information for presentation to underwriters.
Program design and administration, market selection, and policy documentation for coverages - including employment practices liability, workers’ compensation, general liability, product liability, fiduciary, crime, pollution, and excess liability.
Administer international coverages such as property, cargo, D&O, credit, and second and third layers of excess insurance.
Responsible for initiating enforcement of Arkema subrogation rights.
Communicate the Arkema risk management program and philosophy to the Arkema operating entities in the US and Canada.
Supervise and serve as technical resource to plant personnel and Risk Management personnel for the handling of Workers Compensation claims, General Liability, Product Liability, Asbestos, and ancillary claims.
Manage the preparation and review of the annual actuarial study.
Review agreements for Business Groups to ensure compliance with insurance requirements, and avoid improper assumption of risk.
Assist with the preparation of the annual insurance budget and setting of reserves.
KNOWLEDGE, SKILLS AND ABILITIES REQUIRED:
Bachelor’s degree in Insurance, Risk Management, Business or related field required.
CPCU or ARM designation preferred.
10-15 years of experience within a risk management department of a corporation or with an insurance broker handling accounts or with a major insurance company.
Experience managing captive insurance programs is preferred.
Prior experience in the chemical manufacturing industry or in a manufacturing organization is preferred.
Sound technical insurance and financial management skills is required.
Proficiency with the Microsoft Office suite, especially Excel.
Demonstrated ability to communicate clearly and persuasively, both orally and in writing.
Excellent negotiation and presentation skills and the ability to work with domestic and international senior management.
Detail-oriented with strong organizational and prioritization skills.
Demonstrated ability to analyze and work with moderately complicated financial and statistical data.
Demonstrated ability to establish and maintain strong interpersonal relationships and interact effectively with all levels of the organization.
Demonstrated ability to work as a member of a team, as well as an ability to lead teams.
Internal Number: 30185
About Arkema, Inc.
A designer of materials and innovative solutions, Arkema shapes materials and creates new uses that accelerate customer performance. Our balanced business portfolio spans high-performance materials, industrial specialties and coating solutions. Our globally recognized brands are ranked among the leaders in the markets we serve. Reporting annual sales of €7.5 billion in 2016, we employ approximately 20,000 people worldwide and operate in close to 50 countries. We are committed to active engagement with all our stakeholders. Our research centers in North America, France and Asia concentrate on advances in bio-based products, new energies, water management, electronic solutions, lightweight materials and design, home efficiency and insulation.