Manager, Risk Management – (B4)

Applied Materials

Santa Clara, CA


**US Remote Anywhere**

JOB SUMMARY/PRIMARY RESPONSIBILITY

Manager, Risk Management will provide operational assistance to Director, Risk Management and support to Applied’s functional departments and business groups globally. This will be accomplished by working closely with the Director and proactively interacting with business groups and departments, collaborating, building trust, enabling effective exchange of information necessary to deliver required support and services, providing timely guidance to stakeholders, preparing reports or presentations, and resolving other risk and insurance related matters.

The individual will manage assigned insurance programs and various risk management projects as they arise. Assigned responsibilities also include but are not limited to the following: exposure data collection and analysis, claims management for assigned insurance programs, budget preparation and monitoring, providing support with acquisition and divestiture activities, working with third-party vendors related to assigned responsibilities, assisting with contract reviews, supporting property risk engineering efforts, and assisting with other ad hoc projects/requests.

Person in this position will work closely with members of Finance, Legal, Environmental Health & Safety, Procurement, Human Resources, Real Estate & Facilities, Logistics, Security and others in the development and communication of programs and initiatives aimed at mitigating risk of loss, while minimizing long-term total cost of risk for the organization.

Essential Functions% Time

Insurance Program Management – manage all aspects of assigned insurance programs, which may include but are not limited to the following: commercial general liability, workers’ compensation/employer’s liability, auto liability, non-owned aviation, stock throughput, and property. Manage activities of third-party vendors associated with assigned insurance programs. 20%

Property Risk Engineering – manage and coordinate, with assistance from third-party vendors, all loss control and property risk engineering services. This responsibility includes but is not limited to the following activities: attending site visits, collaborating with stakeholders on implementing recommendations of property risk engineers, communicating the need for property risk engineer to review capex projects. Individual will also be responsible for evaluating the need for placement of insurance policies for various capex projects, as they arise. 15%

Contract Reviews – assist with contract reviews and provide advice to businesses on issues related to insurance and other risk management related matters. 15%

Claims Management – manage claims for assigned insurance programs and work closely with in-house litigation counsel, claim consultants, and TPA on efficient resolution strategies. 15%

Insurance Data Collection and Management – gather and analyze required underwriting data and prepare annual renewal submissions for casualty, property, and other lines of insurance. Meeting deadlines is critical as this can be challenging given the complexity and the volume of data involved. 20%

Insurance Budget & Reporting – assist with preparation of annual insurance budget, quarterly reviews/updates, and communication to stakeholders. 10%

Certificates of Insurance – individual will manage review and issuance of insurance certificates. This responsibility entails working with business contacts on verifying contractual insurance requirements and ensuring certificate information correctly reflects those requirements. 5%

Experience/Skills/Education

  • Individual must have a firm understanding of various property and casualty insurance and risk management concepts.
  • Undergraduate or higher degree in finance, insurance and risk management or comparable degree.
  • At least ten (10) years’ experience in risk management, insurance and/or brokerage fields in progressively more responsible positions.
  • CPCU and/or ARM insurance designation preferred.
  • Strong analytical, problem solving, collaborative and interpersonal skills.
  • Well organized, detail oriented, and able to balance competing priorities.
  • Ability to deliver high quality work product under tight deadlines.
  • Excellent communication and presentation skills.
  • Strong business and financial acumen.
  • Strong consultative and collaboration skills.
  • Effective negotiation and vendor partnership building skills.

#LI

Qualifications

Education:

Master's Degree

Skills:

Certifications:

Languages:

Years of Experience:

7 - 10 Years

Work Experience:

Additional Information

Time Type:

Full time

Employee Type:

Assignee / Regular

Travel:

Yes, 20% of the Time

Relocation Eligible:

No

U.S. Salary Range:

$120,000.00 - $165,000.00

The salary offered to a selected candidate will be based on multiple factors including location, hire grade, job-related knowledge, skills, experience, and with consideration of internal equity of our current team members. In addition to a comprehensive benefits package, candidates may be eligible for other forms of compensation such as participation in a bonus and a stock award program, as applicable.

For all sales roles, the posted salary range is the Target Total Cash (TTC) range for the role, which is the sum of base salary and target bonus amount at 100% goal achievement.

Applied Materials is an Equal Opportunity Employer committed to diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, national origin, citizenship, ancestry, religion, creed, sex, sexual orientation, gender identity, age, disability, veteran or military status, or any other basis prohibited by law.

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