Preference for Chicago will consider other locations / remote as well.

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Preference for Chicago, will consider other locations / remote as well.

Job Description

SPECIFIC RESPONSIBILITIES

Build a world class Global Insurance function, including benchmarking and setting key deliverables, structuring roles and responsibilities, hiring for key positions and developing talent with appropriate training, mentorship and career pathing.

Design the new company’s risk transfer framework, including working closely with key partners in finance and business leadership to establish parameters for accounting and economic risk appetite and developing appropriate risk transfer guidelines and policies. Implement and manage the global insurance programs consistent with this framework.

Develop the company’s risk funding strategy to drive efficiency and insights into loss drivers.

Structure and/ or secure efficient processes and systems to enable strong service support to stakeholders including timely certificate of insurance issuance and claim resolution.

Work closely with business partners and advisors to improve risk profile including safety benchmarking, assessments and mitigation strategies, driving effective loss prevention and partnering with commercial teams to ensure appropriate contractual protections.

Define and own appropriate data management and performance metrics, including total cost of insurable risk, insurance costs, loss trends, broker performance and other key metrics; identify opportunities for continuous improvement

Partner cross-functionally to advise on building the company’s enterprise risk management (ERM) capability.

KEY PARTNERS

Global business and finance leadership

Human Resources and EHS

Corporate Real Estate & Supply Chain

Legal Staff

Controllership

Commercial operations

Business development/ M&A

Regional and local insurance advisors, brokers and providers

EXPERIENCE & CAPABILITIES

Bachelors or Master’s degree in risk management, accounting or finance

15 years of experience in risk management & insurance

Strong leadership experience, including senior-level risk management & insurance experience, with demonstrated ability to set a vision and deliver results

Prioritization around team building, team motivation and employee development

Strong written and oral leadership communication and executive presence

Outside-in thinking, including partnering with others / advisors to bring unique solutions

Project management and ability to prioritize and navigate team through change

Risk management mindset, anticipating issues and potential mitigation

Healthcare business knowledge desired

GE offers a great work environment, professional development, challenging careers, and competitive compensation. GE is an Equal Opportunity Employer (https://assets.phenompeople.com/CareerConnectResources/GE11GLOBAL/en_global/desktop/assets/images/poster_screen_reader_optimized_w_supplement.pdf) . Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.

GE will only employ those who are legally authorized to work in the United States for this opening. Any offer of employment is conditioned upon the successful completion of a drug screen (as applicable).

As a federal government contractor, GE may in the future be required to have U.S. employees fully vaccinated against COVID-19. Some GE customers currently have vaccination mandates that may apply to GE employees.

Relocation Assistance Provided:

Yes

Company info

General Electric Company
Website : http://www.ge.com