Director Insurance & Risk Management

Job DescriptionDirector, Insurance & Risk Management – Chicago, ILThis is an exempt level positionPosition Summary :  Reporting to ADM’s Deputy General Counsel and working closely with ADM’s Treasury team, the Director of Insurance and Risk Management will serve as owner of ADM’s corporate insurance program, including managing all insurance policies, leading annual insurance renewals, directing claims processes, overseeing ADM’s wholly-owned captive insurance company, liaising with ADM’s Operations team on loss controls, and serving as the subject matter expert on insurance.  This role provides the opportunity to enable ADM’s commercial success and lead a team of high-performing professionals and expert third-party providers, including brokers, claims administrators, risk engineers, and other insurance professionals. Job Responsibilities : Lead a team of insurance professionals in designing and implementing the most effective insurance program to meet ADM’s commercial needs.In partnership with internal stakeholders, identify existing and emerging insurable risks and design insurance solutions for those risks.Lead all operations of the insurance group with a focus on enhanced efficiency and process optimization.Ensure timely and effective renewal of all existing insurance programs (property, casualty, marine, D&O, etc).Drive execution of ADM’s insurance strategy through effective partnerships with third parties, including brokers and insurers.Manage all aspects of ADM’s wholly-owned captive, including leading relationships with the captive’s external captive managers, regulators, and rating agency.Job Requirements : Prior experience as Director of Insurance (or equivalent) at large company with a wholly-owned captive.Experience leading mid-size (10-15 person) internal teams and external service providers, including brokers.Bachelor’s Degree in finance, accounting, economics, insurance or business administration.Outstanding advocacy, presentation, oral and written communication and interpersonal skills.Demonstrated ability to build relationships and positively influence outcomes.Ability to work under pressure in a fast-paced and dynamic environment handling multiple competing tasks simultaneously to closure.Highly motivated, proactive, self-disciplined and team-oriented.Committed to ADM values : integrity, respect, excellence, resourcefulness, teamwork, and responsibility.Excited about this role but don’t meet every requirement listed? Studies show that often applicants will self-select out if they don’t check every box. We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.ADM requires the successful completion of a background check. REF : 88434BRBase pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Hourly and salaried non-exempt employees will also be paid overtime pay when working qualifying overtime hours. If hired, employees will be in an “at-will position” and the Company reserves the right to modify base pay (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors. The pay range for this position is expected to be between : $128,800.00 - $238,900.00Salaried Incentive PlanThe total compensation package for this position will also include annual bonus and a long-term incentive plan Benefits and PerksEnriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including : Physical wellness – medical / Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares). Additional benefits include : Paid time off including paid holidays.Adoption assistance and paid maternity and parental leave.Tuition assistance.Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.

• Benefits may vary for bargained locations, confirm benefit eligibility with your recruiter.#IncludingYouDiversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed : people of color, women, gender non-conforming, LGBTQIA , veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here : Diversity, Equity and Inclusion | ADM.About ADMAt ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.Req / Job ID88434BR#LI-Onsite Ref ID#LI-AS5 City : Chicago State : IL - Illinois Department / Function : Risk Management

Salary : $128,800 - $238,900