PepsiCo’s Treasury Risk Management function is responsible for evaluating business exposures and assessing the financial impact of risk of loss. Strategies are developed and implemented to reduce PepsiCo’s overall cost of risk which considers the level of risk to retain versus transfer, and establishes the methodology for allocating insurance-related expenses.
The Manager of International Risk Management role is responsible for identifying and measuring risk exposures related to property, international liability, supply chain, marketing and transit. The Manager must assess the risk financing alternatives and evaluate the course of action which best aligns with PepsiCo’s risk-bearing profile and philosophy. This involves, negotiating insurance coverage, determining cost allocations to business units, and overseeing the resolution of claims.
Key Areas of Responsibility:
Provide technical expertise to support strategies related to insurance, risk financing and contractual risk transfer
Lead the renewal process of assigned global insurance programs
Develop and improve processes to place insurance including the activities performed by the global broker
Implement scorecards to track progress against facility safety capex investment and reducing the cost of risk
Collaborate with safety and operations teams to identify and action risk improvement initiatives
Manage claims including strategy, proof of loss preparation, negotiation, and communicating expectations to financial planning
Bachelor degree in Economics, Finance or other Business related discipline (or liberal arts background with proven quantitative course experience). MBA in Finance and designations such as ARM, CRM, or CPCU are highly desirable
5+ years of insurance industry experience in a complex operating environment
Subject matter expert in property and casualty, strong insurance market and broker relationships
Able to evaluate an issue by developing an appropriate analytical framework
Highly developed analytical and problem-solving skills
Proficiency in Excel and PowerPoint
Strong communication skills; experienced in taking the insights from analysis and creating executive-level presentations
The position offers frequent exposure to Finance leadership (Regional /Country CFO’s and Controllers)
Internal Number: 199335BR
PepsiCo is #1 food & beverage company in North America and #2 in world, with annual revenues of nearly $60 billion. The company employs 300,000 associates worldwide, and its products are sold in over 200 countries. PepsiCo has three headquarter locations in the U.S. – Chicago (Quaker Foods, Tropicana, Gatorade), Purchase, NY (Pepsi Beverages) and Plano, TX (Frito Lay). The PepsiCo portfolio includes 19 brands that generate $1 billion or more each in annual retail sales, including: Doritos, Mountain Dew, Gatorade, Cheetos, Pepsi and Tropicana. PepsiCo’s commitment to sustainable growth, defined as Performance with Purpose, is focused on generating healthy financial returns while giving back to communities the company serves. This includes meeting consumer needs for a spectrum of convenient foods and beverages, reducing the company’s impact on the environment through water, energy and packaging initiatives, and supporting its employees through a diverse and inclusive culture that recruits and retains world-class talent.