Insurance Risk Manager

Posted 5 Days Ago
Be an Early Applicant
Rutherford, NJ
Senior level
Chemical • Manufacturing
The Role
The Insurance Risk Manager will oversee the company's insurance, letters of credit, and bonding processes. Responsibilities include managing renewals, completing applications, reviewing contracts for insurance requirements, monitoring claims, and auditing insurance. The role requires strong analytical and interpersonal skills.
Summary Generated by Built In

Company Description

With over 100 years of experience, Sika is a worldwide innovation and sustainability leader in the development and production of systems and products for commercial and residential construction, as well as the marine, automotive, and renewable energy manufacturing industries. Sika has offices in over 100 countries with over 300 manufacturing facilities and more than 33,500 employees worldwide. With annual sales of 11.5+ billion dollars in 2022, our commitment to quality, innovation, and the environment as well as putting our customer’s needs first, encompasses why Sika is the global leader in our industries.


Job Description

Broad Function and Purpose of Position: Broad Function and Purpose of Position: The Insurance Risk Manager will be responsible for insurance, letters of credit, and bonding. 

Specific Responsibilities:

  • Partner with teams across the organization to ensure proper management of the Company’s risk exposure
  • Manage the insurance renewal process
  • Coordinate the completion of insurance applications for renewal
  • Prepare documents/schedules needed for the insurance renewal
  • Review contracts for insurance requirements
  • Review and Monitor Certificate of Insurance Requests
  • Manage annual insurance audit
  • Manage WC reporting and compliance for various monopolistic states
  • Review claim reserves for WC and Automotive claims.
  • Report and monitor insurance claims.
  • Review Letters of Credit for internal and external projects
  • Review Bonding needs
  • Special projects and various filing as needed.

Qualifications

  • Bachelor’s Degree
  • 5 - 10 years of professional work experience in Insurance preferred.
  • Superior analytical skills and demonstrated ability to draw conclusions and/or summarize findings.
  • Proficiency with Excel and Word software is strongly preferred.
  • Strong relationship building and communication skills required to work with co-workers around the world and across all business levels.
  • Strong interpersonal skills with the ability to work both independently and as part of a team.

Additional Information

Competitive Benefits: Health Insurance available day one, 401k with 5% company match, bonuses, year-end profit-sharing bonus, paid time off, and educational assistance.

Meaningful Work: Sika products enhance our surroundings and the work every employee completes helps positively impact daily lives by making our world stronger, more durable, and more reliable – every day.

Company Culture: Sika centers work culture around entrepreneurship where individuals have the power to make decisions, learn from mistakes, and define their career.

Community Involvement: Sika Corporation takes active roles in our community and aims to support volunteer work and charitable endeavors across the United States through rebuilding and giving back.

Sustainability Initiatives: Sika is committed to sustainable development, reducing environmental impacts, and assuming social responsibility. The company supports energy efficient projects and implements numerous measures aimed to boost economic, social, and ecological sustainability.



Sika Corporation is committed to a work environment that supports, inspires, and respects all individuals that apply. As an equal opportunity employer Sika will consider all qualified applicants without discrimination on the basis of race, color, religion, sex, pregnancy, sexual orientation, gender identity, age, disability, national or ethnic origin, or other protected characteristics.

The Company
Seattle, Washington
15,576 Employees
On-site Workplace

What We Do

Sika is a specialty chemicals company with a leading position in the development and production of systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and motor vehicle industry. Sika has subsidiaries in 101 countries around the world and manufactures in over 300 factories.

Its more than 33,000 employees generated annual sales of CHF 10.49 billion in 2022.

On Sika's LinkedIn page we share our most important corporate news and job openings, as well as a broad mix of content from our Sika subsidiaries around the world.

Your Career at Sika:
https://www.sika.com/en/career.html

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