Insurance Risk Manager
Church & Dwight Co., Inc.
Job Description
Job Summary
Church & Dwight is seeking an Insurance Risk Manager to join our team. This role is responsible for overseeing and analyzing the day-to-day global insurance operations for the company. He/she will serve as a strategic partner to key internal and external stakeholders, ensuring comprehensive protection of company assets and operations.
The ideal candidate is a collaborative problem-solver who proactively identifies risk and maintains best-in-class insurance programs that support company growth by managing exposures effectively.
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; manage deliverables from brokers, and review quotes, binders and policies.
- Review and update insurance policies for the company, identifying opportunities to improve coverage to optimize risk coverage and 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, and able to manage multiple projects and tasks and meet deadlines.
- Strong analytical and creative problem-solving skills.
- Sound judgment 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 the 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. The position is also eligible for a bonus. As a Church & Dwight US employee, eligible dependents will have access to medical, dental, vision, basic life insurance, paid vacation and sick time, and paid parental leave.
U.S. employees receive paid holidays, floating holidays, and vacation days starting in their first year of employment. Employees can also participate in our 401(k) retirement plan (with company match and profit-sharing) and a discounted employee stock purchase plan. The actual base pay offered will be based on multiple factors, including job‑related knowledge/skills, experience, business needs, geographical location, and internal pay parity.
Compensation decisions are dependent upon the facts and circumstances of each position and candidate.
EEO Statement
Church & Dwight is proud to be an Equal Opportunity Employer/Veterans/Individuals with Disabilities.
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