Insurance Risk Manager

About the role

He/she will be as a strategic partner to key internal and external stakeholders, ensuring comprehensive protection of company assets and operations. The ideal candidate will be a collaborative problem-solver who proactively identifies risk to maintain best-in-class insurance programs that support company growth by managing exposures effectively. Work Environment: Hybrid Option: Available for candidates residing in New York (NY), New Jersey (NJ), or Pennsylvania (PA). This option requires working from our Ewing, NJ office on Tuesdays, Wednesdays, and Thursdays, with the flexibility to work remotely on Mondays and Fridays. Remote Option: Available for candidates residing outside of New York (NY), New Jersey (NJ), and Pennsylvania (PA). Occasional travel to the Ewing, NJ office will be required for key meetings and events. Role Accountabilities and Responsibilities Set and execute the company's global insurance placement and renewal strategy; strongly support all carrier and broker negotiations through final placement, exercising delegated authority for coverage structure, limits, and retentions Drive the comprehensive insurance program renewal process by compiling underwriting data, reviewing program structures, and recommending coverage changes based on industry best practices and company exposures, managing deliverables from brokers, and reviewing quotes, binders and policies Review and update insurance policies for the company, identifying opportunities to improve coverage to optimize risk coverage; provide ongoing policy maintenance Review vendor and client contracts to recommend appropriate insurance coverage types and levels, ensuring adequate risk transfer and protection Facilitate risk identification, evaluation and understanding across the organization Respond to all inquiries on coverage and risk management issues Lead insurance and risk transfer diligence for M&A transactions Participate in analyzing captive use and optimizing captive strategy Lead global claims strategy and governance to ensure efficient resolution and optimal outcomes Review loss runs to identify costs/benefits of insurable vs. retained risks; prepare regular loss reports for management review as requested Manage annual disbursement of certificates of insurance; respond to all COI requests Maintain working knowledge of the insurance marketplace Own annual insurance premium budget for the company Maintain strong working relationships with internal and external stakeholders Serve as cash management backup for the Treasury team when necessary Skills and Competencies Ability to communicate effectively with all professional levels, both internally and externally Strong interpersonal, verbal, and written communication skills Excellent organization skills, detail-oriented, adaptive to changing priorities, ability to manage multiple projects and tasks and meet deadlines Strong analytical and creative problem-solving skills Sound judgement and the ability to think objectively Negotiation, collaboration, and teamwork skills Skilled in reading and interpreting documents such as insurance policies, contracts and procedure manuals High level of discretion, as position involves routine exposure to confidential information Demonstrated ability to contribute in a fast-paced, acquisitive, growth company Education and Experience Bachelor's degree in risk management, finance, business administration, or equivalent field 5+ years of corporate insurance experience required Cash Management experience preferred Technical savvy required 5% - 10% travel required, domestic and internationally Compensation and Benefits The U.S. base salary range for this full-time position is $110,000-$170,000. This position is also eligible for a bonus. As a Church & Dwight US employee, you (and eligible dependents, as applicable) will have access to medical, dental, vision, basic life insurance, paid vacation and sick time, and Paid Parental Leave. U.S. employees are entitled to paid holidays, floating holidays, and vacation days starting in their first year of employment depending on hire dat