What are the responsibilities and job description for the Mgr, Risk position at Lam Research?
In Your Career, Let’s Prove What’s Possible.
At Lam Research, we create equipment that drives technological advancements in the semiconductor industry. Our innovative solutions enable chipmakers to power progress in nearly all aspects of modern life, and it takes each member of our team to make it possible.
Across our organization, our employees come to work and change the world. We take on the toughest challenges with precision and accuracy. We push for the next big semiconductor breakthrough. We lead the way in one of the most critical and fast-moving industries on the planet. And we do it together, with deep connections and limitless collaboration.
The impact we have on the world is made possible by focusing on our people. So we recognize and celebrate our teams’ achievements. We strive to create an inclusive and diverse culture where everyone’s contribution and voice has value. We evaluate and evolve our offerings, so our people receive the support and empowerment to do meaningful things for their lives, careers, and communities.
Because at Lam, we believe that when people are the priority and they’re inspired to unleash the power of innovation for a better world together, anything is possible.
Mgr, Risk
Date: Mar 7, 2025
Location:
Tualatin, OR, US, 97062
Req ID: 187916
Worker Category: Virtual Flex
The Group You'll Be a Part Of
The Global Finance Group drives financial strategies based on expert understanding of Lam's breakthrough technologies, the semiconductor market, and the global business environment. They manage our company's financials and relationships with our investor community to ensure we have the strong financial foundation to fuel innovation and growth.
The Impact You’ll Make
The Risk Manager will work closely with the Treasurer and Assistant Treasurer to provide oversight of global property, casualty, workers compensation, and management liability insurance programs. This role will assist in driving initiatives to define and support the company’s risk management philosophy and to build processes and policies that scale with changes in the business.
What You’ll Do
Reporting to the Assistant Treasurer, the Risk Manager will be responsible for:
We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.
Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.
Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3 days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.
Our Perks And Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.
Discover more at Lam Benefits
Nearest Major Market: Portland Oregon
Job Segment: Workers Compensation, CRM, Compliance, Human Resources, Research, Technology, Legal
At Lam Research, we create equipment that drives technological advancements in the semiconductor industry. Our innovative solutions enable chipmakers to power progress in nearly all aspects of modern life, and it takes each member of our team to make it possible.
Across our organization, our employees come to work and change the world. We take on the toughest challenges with precision and accuracy. We push for the next big semiconductor breakthrough. We lead the way in one of the most critical and fast-moving industries on the planet. And we do it together, with deep connections and limitless collaboration.
The impact we have on the world is made possible by focusing on our people. So we recognize and celebrate our teams’ achievements. We strive to create an inclusive and diverse culture where everyone’s contribution and voice has value. We evaluate and evolve our offerings, so our people receive the support and empowerment to do meaningful things for their lives, careers, and communities.
Because at Lam, we believe that when people are the priority and they’re inspired to unleash the power of innovation for a better world together, anything is possible.
Mgr, Risk
Date: Mar 7, 2025
Location:
Tualatin, OR, US, 97062
Req ID: 187916
Worker Category: Virtual Flex
The Group You'll Be a Part Of
The Global Finance Group drives financial strategies based on expert understanding of Lam's breakthrough technologies, the semiconductor market, and the global business environment. They manage our company's financials and relationships with our investor community to ensure we have the strong financial foundation to fuel innovation and growth.
The Impact You’ll Make
The Risk Manager will work closely with the Treasurer and Assistant Treasurer to provide oversight of global property, casualty, workers compensation, and management liability insurance programs. This role will assist in driving initiatives to define and support the company’s risk management philosophy and to build processes and policies that scale with changes in the business.
What You’ll Do
Reporting to the Assistant Treasurer, the Risk Manager will be responsible for:
- Advocate, prioritize, and steward risk improvement recommendations and projects across the enterprise.
- Provide oversight of the global property, casualty, workers compensation, and management liability insurance programs including (but not limited to) renewal preparation, claims administration, and budget management.
- Commercial contract review and negotiation of insurance related provisions.
- Ensuring commercial contract playbooks and insurance guidelines reflect industry best practices and insurance broker recommendations.
- Coordination and delivery certificates of insurance to ensure contractual compliance.
- Provide stakeholder management of cross-functional teams that include Accounting, Legal, HR, Facilities, and Global Operations on insurance and risk management priorities.
- Developing new risk reporting, risk analytics, and risk dashboards.
- Supporting the Treasurer and Assistant Treasurer in the management of relationships with brokers, carriers, and third-party claims processors.
- Support other risk management initiatives as they arise.
- Bachelor’s degree.
- 10 years’ experience with global property insurance and/or insurance industry-related work experience involving clients with a global footprint.
- Solid understanding of insurance language, renewal procedures, and claims management.
- Excellent interpersonal skills and the ability to work effectively both cross-functionally and independently.
- Strong analytical ability to analyze solutions presented by brokers and carriers.
- Superior written and oral communication skills.
- Knowledge of common software packages. Fluency with PowerPoint and Excel.
- Very strong work ethic and attention to detail.
- Ability to handle sensitive information and to act with discretion and judgment.
- Ability to manage and execute multiple complex projects within required timelines and expectations.
- Risk Management Certification such as ARM, CRM, etc. is a plus.
- Experience with visualization software such as Power BI is a plus.
We believe it is important for every person to feel valued, included, and empowered to achieve their full potential. By bringing unique individuals and viewpoints together, we achieve extraordinary results.
Lam Research ("Lam" or the "Company") is an equal opportunity employer. Lam is committed to and reaffirms support of equal opportunity in employment and non-discrimination in employment policies, practices and procedures on the basis of race, religious creed, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex (including pregnancy, childbirth and related medical conditions), gender, gender identity, gender expression, age, sexual orientation, or military and veteran status or any other category protected by applicable federal, state, or local laws. It is the Company's intention to comply with all applicable laws and regulations. Company policy prohibits unlawful discrimination against applicants or employees.
Lam offers a variety of work location models based on the needs of each role. Our hybrid roles combine the benefits of on-site collaboration with colleagues and the flexibility to work remotely and fall into two categories – On-site Flex and Virtual Flex. ‘On-site Flex’ you’ll work 3 days per week on-site at a Lam or customer/supplier location, with the opportunity to work remotely for the balance of the week. ‘Virtual Flex’ you’ll work 1-2 days per week on-site at a Lam or customer/supplier location, and remotely the rest of the time.
Our Perks And Benefits
At Lam, our people make amazing things possible. That’s why we invest in you throughout the phases of your life with a comprehensive set of outstanding benefits.
Discover more at Lam Benefits
Nearest Major Market: Portland Oregon
Job Segment: Workers Compensation, CRM, Compliance, Human Resources, Research, Technology, Legal
