IBM Insurance Analyst- Corporate Risk & Insurance Management in Armonk, New York
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Your Role and Responsibilities
IBM's Risk & Insurance Management department is seeking an experienced professional to join this global CoE as a key contributor. Situated within CHQ Treasury, Risk & Insurance's mission is to support IBM's business objectives by identifying and addressing pure risks to prevent the likelihood of any risk events occurring and deploying the five risk management strategies of loss prevention, risk avoidance, loss mitigation, and contractual risk transfer and purchasing of insurance being the last resort. These strategies minimize the financial impact of loss events and are tailored to IBM's risk appetite. Pure risks are loss events that impact physical assets, and any liability IBM may incur in conducting business.
The team has global responsibility for all IBM's global property / casualty risk and insurance programs including all in country placements. This role is highly visible within the IBM organization as the team engages with IBM's Sr. Executive team, leaders of all IBM business units and throughout the organization of the firm; (i.e., Legal, HR, CISO, Security, Flight Operations, Auto Fleet Management, Accounting, Communications, Finance, Integrated Supply Chain/ Global Logistics, Procurement, Corporate Audit, country CFO's, Tax, Real Estate & Treasury).
For this role, an insurance industry experienced applicant with casualty and/or property and/or Financial Products insurance focus with multi-national corporations, and who is a creative & sophisticated subject matter expert in identifying risk scenarios & applying the risk management strategies in direct communication throughout the IBM organization. Effective and flawless execution of the role is vital given timing with attention to details in documentation is critical to the success of the IBM Corporation's global risk management program.
To ensure the continuing high performance of this department, job role includes:
Support of global facilitation of all Risk Management initiatives.
Certificates of Insurance.
Insurance language reviews in customer contracts.
Property and/or Casualty insurance coverage, exposure collection & program management support.
USA Workers Compensation.
Support to Risk Manager on all aspects of global insurance placements; including risk analysis, specification preparation, exposure consolidation, cost analysis.
Insurance policy T&C review for accuracy.
Support in the preparation of insurance program presentations to senior management.
Engagement with IBM Corporate Legal teams as well as TPA's to support claim reporting processes and coverage determination per loss event.
Assist Risk Managers and VP on special projects.
Required Technical and Professional Expertise
Minimum of 5 years' experience working either as risk & insurance management professional at a Fortune 500 company with global operations, and/or working for one of the top 5 global insurance brokerage firms as a global casualty broker (or casualty claims professional on multiple casualty lines) or financial product lines (D&O/Fiduciary/EPLI) or property broker.
Minimum of 1 year experience working for or engaged on behalf of an insurance brokerage firm specifically on global technology industry clients with multinational insurance programs.
High level of Expertise in PowerPoint; Excel, and Microsoft Word.
4 Year BA degree in Liberal Arts, Finance or Business.
Fluent in English: With excellent communications skills.
Preferred Technical and Professional Expertise
1 year experience engaged with risk identification, or placement of Cyber /professional liability, media and security coverages preferred.
ARM, CPCU or Legal degree.
Expert level experience in Excel/Microsoft/Word/PowerPoint.
About Business UnitThe IBM Finance organization is responsible for driving enterprise performance and transformation. We are the financial stewards of IBM, delivering IBM's financial strategy, developing new business models, and mitigating enterprise risk. Do you have a passion for creating business value? Join our team in accounting, financial planning, pricing, business controls, tax, treasury, business development (acquisitions & divestitures), and global financing.
Your Life @ IBMWhat matters to you when you're looking for your next career challenge?
Maybe you want to get involved in work that really changes the world? What about somewhere with incredible and diverse career and development opportunities - where you can truly discover your passion? Are you looking for a culture of openness, collaboration and trust - where everyone has a voice? What about all of these? If so, then IBM could be your next career challenge. Join us, not to do something better, but to attempt things you never thought possible.
Impact. Inclusion. Infinite Experiences. Do your best work ever.
About IBMIBM's greatest invention is the IBMer. We believe that progress is made through progressive thinking, progressive leadership, progressive policy and progressive action. IBMers believe that the application of intelligence, reason and science can improve business, society and the human condition. Restlessly reinventing since 1911, we are the largest technology and consulting employer in the world, with more than 380,000 IBMers serving clients in 170 countries.
Location StatementIBM offers a wide range of resources for eligible IBMers to thrive both inside and outside of work. In addition to a competitive benefits program consisting of medical and life insurance, retirement plans, and time off, eligible employees may also have access to:
*12 weeks of paid parental bonding leave. Family care options are also available to support eligible employees during COVID-19.
*World-class training and educational resources on our personalized, AI-driven learning platform. IBM's learning culture supports your restless attitude to grow your skills and build the depth and scale of knowledge needed to achieve your career goals.
*Well-being programs to support mental and physical health.
*Financial programs that empower you to plan, save, and manage your money (including expert financial counseling, 401(k), IBM stock discount, etc.).
*Select educational reimbursement opportunities.
*Diverse and inclusive employee resource groups where you can network and connect with IBMers across the globe.
*Giving and volunteer programs to benefit charitable organizations and local communities.
*Discounts on retail products, services, and experiences.
We consider qualified applicants with criminal histories, consistent with applicable law.
IBM will not be providing visa sponsorship for this position now or in the future. Therefore, in order to be considered for this position, you must have the ability to work without a need for current or future visa sponsorship.
Being You @ IBMIBM is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other characteristics. IBM is also committed to compliance with all fair employment practices regarding citizenship and immigration status.
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