Director, Corporate Insurance & Risk Management

Description

Zoetis has an excellent opportunity for a Corporate Insurance and Risk Management professional to join our Finance Organization in Parsippany, NJ. This role will report directly to the Senior Vice President of Global Risk and Finance Excellence. We are seeking an experienced professional with leadership skills, demonstrates initiative and proven ability to engage with and guide senior leadership on risk and insurance matters.

Qualifications

• 10-15 years in the field of insurance and/or risk management. Degree in risk management, CPCU or other insurance designation(s) is a plus.
• General knowledge of all lines of insurance including property and casualty and executive lines including: occurrence, occurrence reported and claims made policy forms, cyber, Crime, Directors & Officers, Fiduciary, Product and Excess liability, Transit Cargo, Property, International, business travel accident.
• Excellent interpersonal skills are required to work across global business units and internal functional departments, including: global manufacturing, finance, legal, tax, human resources, global logistics, benefits, compliance, investor relations, research & development, real estate, procurement, engineering and capital planning.
• Ability to engage with external parties including legal counsel, underwriters, brokers
• Professional presentation skills required for senior management presentations, insurance underwriting and claims presentations.
• Must possess strong project management skills, attentive to meeting deadlines.
• Financial acumen is required in support of risk identification and measurement, as well as evaluation of risk retention and financing options.
• Proficiency both in writing and delivering management reports, sound recommendations and creation of presentations.
• Must be prepared to travel to US and International sites as well as insurance market meetings.
• High level of personal integrity is required to handle confidential matters.

Responsibilities

• Design and Management of our global insurance program. Including marketing and negotiation of programs.
• Oversight and management of insurance broker and consulting support including negotiation of contracts, SOWs and periodic RFPs.
• Ensuring global compliance with local insurance regulatory agencies.
• Management of local insurance programs, US monopolistic state funds and billings.
• Development of tools, standards, benchmarks or KPIs for retained risk.
• Collection of underwriting data, values, and losses. Completion of applications.
• Provide oversight and support for local operational proactive risk management activities as required
• Provide support for the corporate ERM committee.
• Management of insurance placements and documentation (~150 insurance policies annually, certificates, binders, auto ID cards)
• Provide oversight of US Workers' Compensation claims, International Cargo claims and Property claims.
• Work with Property Risk mitigation vendor(s) and coordinate with local operations and engineering.
• Review contracts and provide input on indemnification and insurance requirements.
• Manage budgets, accruals, claim recoveries, insurance vendors management, billing, and payment processes.
• Support M&A due diligence efforts.

Any unsolicited resumes sent to Zoetis from a third party, such as an Agency recruiter, including unsolicited resumes sent to a Zoetis mailing address, fax machine or email address, directly to Zoetis employees, or to Zoetis resume database will be considered Zoetis property. Zoetis will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Zoetis will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees. This includes any Agency that is an approved/engaged vendor but does not have the appropriate approvals to be engaged on a search.