Risk Manager (Hybrid: Onsite and Remote Work)

Posted 4 Days Ago
Be an Early Applicant
Rosemont, IL
75K-120K Annually
Senior level
Food
The Role
The Risk Manager at US Foods will oversee the insurance programs, manage claims, and work on financial analyses related to insurance budgets. The role involves collaborating with various internal teams and external stakeholders to ensure compliance and improve processes within the risk management department.
Summary Generated by Built In

ARE YOU A CURRENT US FOODS EMPLOYEE? PLEASE APPLY DIRECTLY THROUGH OUR INTERNAL WORKDAY CAREER SITE

Join Our Community of Food People!

The Risk Manager will assist in the day-to-day activities of the US Foods Risk Management department. This role will routinely interface with insurance brokers, risk management vendors (i.e., attorneys, TPAs, and actuaries) and various internal stakeholders (i.e., US Foods’ safety, real estate, finance, and human resource teams). A key focus of this position will be to build strong collaborative internal partnerships to advise and guide business decisions for the company. This position reports to the Director, Risk Management.

This position has been segmented as Hybrid meaning there is a combination of three onsite days and the rest remote.

Responsibilities:

Insurance:

  • Partner with Director, Risk Management in the placement of all property and casualty insurance programs. Will take the lead on placing some lines of insurance.

  • Assist the collection and review of exposure data for renewal submissions. Conduct evaluations of program structures, policy terms, and benchmarking.

  • Work on the financial analysis of insurance renewals to aid the development of insurance budget. Track spending to budget. Routinely communicate with Accounting and Finance functions.

  • Review contracts and leases for appropriate indemnification and insurance language as well as evaluate appropriate exceptions to insurance requirements and provide guidance to internal contacts on amended language.

  • Oversee outgoing certificates of insurance process and determines appropriate response to requests for exceptions.

Claims:

  • Oversee the Workers’ Compensation program including settlement authority, strategy and solutions including coordinating communication with insurance carriers.

  • Establish and develop a working relationship with US Foods Risk Management Specialists.

  • Participate in stewardship, strategy, claim reviews and other meetings with third party claims administrators and outside defense counsel.

  • Perform quality review on claims in compliance with audit requirements, service contract requirements, and quality standards.

  • Ensure compliance with state requirements filings. Work with in-house legal and TPA on liability claims.

  • Work with carrier and locations on property damage claims.

Other:

  • Proficient working with internal and external RMIS systems. Understands the data flow between internal and external systems, takes ownership for establishing reports and assessing data obtained and demonstrates the ability to transfer data to meaningful dashboard reports for management.

  • Identifies and advises manager of trends, problems, and issues as well as recommended course of action; informs management of new procedures and ideas for continuous process improvement; and coordinates with management projects for the office.

  • Lead or participate in Risk Management training for the Company.

  • Other duties as assigned by manager

Minimum Qualifications:

  • Must possess a minimum of 5 years of experience in risk management or insurance. Preferably in a Corporate Risk Management function.

Education:

  • Bachelor’s degree required, Business or Finance degree or relevant work experience required

Preferred Qualifications:

  • Operate independently within own scope of responsibility. Handle multiple tasks with competing requests. Able to draw conclusions and make recommendations.

  • Strong analytical, financial, and problem-solving skills to deal with complex business and technical issues

  • Strong communications skills with ability to effectively interact with all levels of management

  • Solid working knowledge of Excel, including pivot tables, Word, and PowerPoint

Universal Pay Verbiage:

Compensation depends on relevant experience and/or education, specific skills, function, geographic location, and other factors as applicable by law. The expected base rate for this role is between $75,000 and $120,000

This role will also receive: Annual incentive plan bonus. ​Benefits for this role may include health insurance, pre-tax spending accounts, retirement benefits, paid time off, short-term and long-term disability, employee stock purchase plan, and life insurance. To review available benefits, please click here: https://www.usfoods.com/careers/benefits.html.

***EOE Race/Color/Religion/Sex/Sexual Orientation/Gender Identity/National Origin/Protected Veteran/Disability Status***

The Company
Englewood, CO
22,022 Employees
On-site Workplace

What We Do

US Foods is one of America’s great food companies and a leading foodservice distributor, partnering with approximately 300,000 restaurants and foodservice operators to help their businesses succeed.

With 28,000 associates and more than 70 locations, US Foods provides its customers with a broad and innovative food offering and a comprehensive suite of e-commerce, technology and business solutions.

US Foods is headquartered in Rosemont, IL, and generates more than $28 billion in annual revenue. Visit usfoods.com to learn more.

------------

Rules of Engagement Statement:

We are proud to support community engagement on the US Foods LinkedIn page, and we're excited to see your comments, photos and videos. Please note that the views expressed by the community do not necessarily reflect those of US Foods.

Before posting, please take a moment to read our rules for community content. We reserve the right to remove content that violates these rules.

1. Don't break the law. Content that appears to break the law or that advocates for breaking the law also is not permitted.

2. Be polite and courteous to everyone, even those you disagree with. This also means you may not post anything that is threatening, harassing, abusive, bullying, discriminatory, profane, sexually explicit, obscene, violent, gruesome, or similarly objectionable.

3. Stay on topic for this community and dialogue. Off-topic content may include but is not limited to irrelevant or out of context material, spam, promotional content, and links to third-party sites.

4. Follow LinkedIn's Terms and Conditions.

5. All posts must be by a real person and from a real profile. Content from fake or anonymous profiles is not permitted.

6. Our employees must also follow all of our applicable policies and guidelines, including but not limited to our Code of Conduct and Electronic Social Networking Policy

Similar Jobs

Hybrid
Chicago, IL, USA
1622 Employees

Capital One Logo Capital One

Principal Associate, Third Party Management, Enterprise Services Risk Office

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Chicago, IL, USA
55000 Employees
107K-131K Annually

Discover Logo Discover

Senior Principal Risk Management

Cloud • Fintech • Machine Learning • Analytics • Financial Services
Hybrid
Chicago, IL, USA
18000 Employees
106K-179K Annually

Capital One Logo Capital One

Manager, Business & Technology Process Management (ES Risk)

Fintech • Machine Learning • Payments • Software • Financial Services
Hybrid
Chicago, IL, USA
55000 Employees
163K-186K Annually

Similar Companies Hiring

Mondelēz International Thumbnail
Retail • Manufacturing • Machine Learning • Hardware • Food • Big Data • Automation
Chicago, IL
90000 Employees
McCain Foods Thumbnail
Retail • Manufacturing • Food • Agriculture
Florenceville-Bristol, NB
20000 Employees
Tarro Thumbnail
Software • Payments • Information Technology • Hospitality • Food
Long Island City, NY
1300 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account