Corporate Insurance Analyst

Company Description

To be the leading producer of glass bottles and jars worldwide you need passion, commitment and innovation baked into the very fabric of a business and its people. For more than 120 years, our glass makers have honed their craft—channeling their creativity into more than 1,800 patents held today. When you join O-I you become part of that story.
O-I has more than a century of experience crafting pure, sustainable, brand-building glass packaging for many of the world’s best-known food and beverage brands. We are proud to provide high quality glass packaging for beer, wine, spirits, food, non-alcoholic beverages, cosmetics and pharmaceuticals. We are dedicated to make what matters to shape a healthier, more sustainable and more exciting world. We transform the industry to make glass more relevant and more accessible to more people.

Job Description

This will be a hybrid position within the Perrysburg office. 

The Business Insurance Analyst role is primarily accountable for and assists in the coordination, administration, management, and execution of various global business insurance policies and claims, including the consolidated accounting of the O-I captive insurance company. The role requires interacting with internal and external stakeholders (e.g. Insurance brokers, auditors) in all countries where O-I has operations to collect and report risk-related activities and issues throughout the organization (e.g. Health and Safety, Legal, Finance, Compensation and Benefits, Manufacturing, and individual Plants

Responsibilities: 

• Insurance Policies: Assist with the renewal and procurement of various lines of global insurance, including property, liability, and specialty coverages, including collecting and compiling underwriting and loss information; ensure accurate and timely submission of underwriting information and prepare premium allocations. Manage the surety bond program.
• Policy Management: Maintain and organize all insurance policies, endorsements, and related documentation. Review insurance binders, invoicing, and policies for accuracy and compliance. Manage Certificate of Insurance (COI) issuance and delivery.
• Claims Management: Manage the resolution and data collection for insurance claims across various lines, collaborate with stakeholders to ensure efficient claims processing and resolution.
• Contract Review: Assist with the review of contracts to identify and mitigate potential risks Provide recommendations to ensure compliance with risk management guidelines.
• Compliance and Captive Management: Coordinate annual audits of insurance programs and facility risk loss control surveys by carriers. Ensure compliance with all relevant regulations, company controls.
• Accounting and Analysis: Performing various account analysis in connection with monthly general ledger closings, including the Bermuda captive accounting and compliance. As well as analysis of workers compensation general ledger accounts and other workers compensation financial activities; assessing and managing overall cost of risk.
• Corporate Risk Management Initiatives: Support the development and implementation of risk management initiatives, including the assist in identifying, assessing, and mitigating risk through various programs such as facility loss mitigation.

Qualifications

• 5 years of insurance and accounting experience
• Bachelor’s degree in Business Administration, Finance, Accounting or similar field preferred
• Certified Risk Management Professional (RIMS-CRMP), Associate in Risk Management (ARM), or other insurance designation preferred

Additional Information

Additional information

Salary Range:  The expected salary range for this position is between $90,000 - $105,000 annually. Actual pay will be adjusted based upon candidate experience and other job-related factors permitted by law.

O-I offers a very generous benefit package – some of the highlights are: 

• 10 paid holidays each year 

• Health, Dental, Prescription and Vision care coverage 

• Perform Well-Being Program – earn employer contributions in your HSA or HRA plan 

• Wellness Incentive – earn additional funds for your HSA or HRA plan 

• Group Life Insurance 

• Accidental Death & Dismemberment Insurance 

• Voluntary Employee and Dependent Life Insurance 

• Weekly Disability Insurance 

• 401(k) Retirement Saving Plans 

• Employee Assistance Program 

This is an opportunity to help build something from the ground up by creating new experiences and fostering a team culture where you can shine.  

O-I is committed to fostering an inclusive environment that attracts and embraces the brightest minds and creates a culture that welcomes a diversity of ideas and perspectives while encouraging growth and rewarding performance.  

All your information will be kept confidential according to EEO guidelines.  

O-I is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race, color, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state or local protected class. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application process, or in order to perform the essential functions of a position, please contact O-I at [email protected] and let us know the nature of your request and your contact information.