What are the responsibilities and job description for the Global Corporate Insurance Manager position at Dupont?
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The Global Corporate Insurance Manager will be responsible for developing and managing a comprehensive insurance strategy that aligns with the company’s overall business objectives. This position involves overseeing all aspects of corporate insurance, including risk management, insurance procurement, claims management, and compliance across multiple jurisdictions.
Please note this is a hybrid role. Team members work onsite at our corporate headquarters in Wilmington, DE 3 days a week.
Your Key Responsibilities:
Insurance Strategy Development:
Develop and implement a global insurance strategy that aligns with the company’s risk management framework
Evaluate and recommend necessary insurance coverage to mitigate operational and financial risks
Policy and Program Management:
Oversee the design, placement, and maintenance of corporate insurance programs, including but not limited to property, casualty, cyber, financial and specialty lines
Continuously review and assess insurance policies to ensure adequacy and relevance to the business needs
Risk Assessment and Management:
Conduct regular risk assessments to identify potential exposures and develop strategies to mitigate risks
Collaborate with various departments to review risk management practices and ensure effective implementation of policies
Claims Management:
Oversee the claims management process to ensure timely reporting and resolution of claims
Build relationships with insurers to foster effective communication during the claims process
Stakeholder Engagement:
Collaborate with senior management and other department leaders to identify insurance needs and ensure alignment with business objectives
Serve as a point of contact for internal stakeholders and external partners, including brokers and insurance carriers
Compliance and Reporting:
Ensure compliance with all local and international insurance regulations
Prepare and present regular reports to senior management and the board regarding the insurance program and its performance
Team Leadership:
Provide leadership and mentorship to the corporate insurance team
Foster a culture of continuous improvement and professional development within the team
Your Qualification Profile:
Bachelor’s Degree in Business Administration, Finance, Risk Management, or a related field is required. Master’s degree or professional certifications (e.g., Certified Risk Manager [CRM], Financial Risk Manager [FRM], or similar) preferred
7 years of experience in risk management, internal auditing, compliance, or related fields, preferably within a corporate environment
Prior experience managing global teams
Proven track record of successfully managing risk at the enterprise level
Experience working with senior leadership and board members on risk-related matters
In-depth knowledge of risk assessment methodologies, financial risk management, and regulatory requirements
Strong analytical, problem-solving, and critical thinking skills
Excellent communication and presentation skills, with the ability to clearly articulate complex risk issues to diverse stakeholders
Knowledge of risk management software, tools, and methodologies
Strong understanding of financial, operational, and regulatory risk domains
Ability to work independently and manage multiple projects simultaneously
High attention to detail and a proactive approach to identifying risks
Strong leadership and influencing skills, with the ability to drive organizational change
Ability to remain calm and effective under pressure
Ethical, with a high level of integrity and professionalism
Opportunities to work on high-impact projects
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We are excited to share that on May 22, 2024, DuPont announced plans to separate(1) into three industry-leading, independent publicly traded companies. This strategic move will create focused businesses with distinct investment profiles. We believe the proposed separations will create opportunities for all three future companies to better serve their customers and unlock long-term value for stakeholders. This process is expected to take 18-24 months from the date of announcement to complete. We are committed to supporting our employees throughout this transition and ensuring a smooth and successful separation process. We look forward to welcoming new talent who are interested in contributing to the continued success and growth of our evolving organization.
(1)The separation transactions are subject to satisfaction of customary conditions, including final approval by DuPont's Board of Directors, receipt of tax opinion from counsel, the filing and effectiveness of Form 10 registration statements with the U.S. Securities and Exchange Commission, applicable regulatory approvals, and satisfactory completion of financing. For further discussion of risks, uncertainties and assumptions that could impact the achievement, expected timing and intended benefits of the separation transactions, see DuPont’s announcement.
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