Risk Manager (Insurance)

Schindler Elevator Corporation
parental leave, sick time, tuition reimbursement, 401(k)
United States, New Jersey, Morristown
Sep 05, 2025
Location: Morristown,NJ,United States Job ID:83763 We Elevate... Quality of urban life Our elevators, escalators, and moving walks safely transport more than twobillion of us up and down buildings and across transportation hubs every day. As part of the Schindler team, you'll discover meaningful work that enhancesquality of life for communities, and contribute to making places more accessible,inclusive, and sustainable for all. By joining us, you don't justbecome part of our success story; you help shape the future and continue ourrich legacy that started back in 1874. Join us as a Risk Manager (Insurance) Your main responsibilities Claims Management- Responsible for managerial oversight of Broadspire on product liability and Automobile, and supervision of Works Compensation on Compensation claims (All lines are coordinated with legal attorney's as needed). Ensure positive closure ratios, authorize cost-effective settlements, manage claims data accuracy, and conduct audits and training. Insurance Program Management- Responsible as the enterprise coordinator of all insurance programs, including insurer, administrators and broker management. Tasks include policy placement, premium negotiations, and key relationship interface with all parties, including local and Group Risk Management, legal teams and brokers. Surety Program Management- Managing all aspects of Surety bid, performance and other bond activity flow with the field offices. Actuarial Study- As the direct liaison between actuary and local legal and finance teams, transfer and interpret claims data and actuarial details. General Insurance Management- directly oversees: Statistical reporting analysis on claims activity. Budget preparation and reporting Liability reduction efforts and committees Insurance document management (Certificate of Insurance) and renewal address additional ensured endorsements. Approval of non-standard insurance T&Cs in coordination with the legal department Contract Review - Assess and agree in customer insurance requirements, address risk transfer and serve as the primary point of contact for insurance related contract issues. Product Liability Oversight- As the Assistant Chair of the Product Liability Oversight Committee (PLOC), you will be responsible for preparing and presenting comprehensive claims and financial summaries, including impact assessments. You will detail potential corrective actions as risk mitigation or opportunity measures and lead the implementation of these actions, as assigned, to ensure effective corrective measures are in place. What you bring Bachelors Degree - Law, Finance or Statistics a plus Chartered Property and Casualty Underwriter (CPCU) preferred Associate in Risk Management (ARM) preferred Analytical, organizational and communication skills; detail-oriented; organizational skills; proficiency in insurance programs, claims management, business management, legal; use of financial analysis, and strong knowledge of Microsoft Office software. RMIS experience preferred. What's in it for you? Fully vested 401k match, up to 7% of total eligible compensation. Competitive Medical, Dental and Vision Plans - Effective from first day of hire. 3 weeks' vacation which increases with tenure, 7 sick days, 3 floating holidays and8 Company Observed Holidays. Tuition Reimbursement - Eligible after 6 months of service. Parental Leave - 100% base pay for 6 consecutive weeks within first year of achild's birth or adoption. A wide range of development opportunities to boost your professional and leadership growth. We Elevate... Your Career Become part of our team, help us enhance quality of life and drive innovationwhile raising the bar for safety and sustainability. We value your diverse skills andperspectives as together we shape the sustainable cities of today and tomorrow. Don't meet every single requirement? If you're excited about this role but your experience doesn't align perfectly with the qualifications listed in the job description, we encourage you to apply anyway! You may just be the right candidate for this or other roles! Are you ready to embark on a new journey? Join #TeamSchindler! Our Core Values: Safety: Uphold the highest safety standards for all. Integrity and Trust: Foster honest, ethical relationships. Create Value for the Customer: Deliver innovative, reliable solutions. Quality: Ensure excellence in every product and service. Commitment to People Development: Nurture our people, they are the heart of our success. Discover more on our career website. At Schindler Group we value inclusion and diversity, and practice equity to create equal opportunities for all. We endeavor that all qualified applicants will receive consideration for employment without regard to age, race, ethnic background, color, religious affiliation, union affiliation, gender, gender identity, sexual orientation, marital status, national origin, nationality, genetics and health, disability or veteran status. Any unsolicited application from Recruitment Agencies is deemed to be rejected and does not constitute in any manner an offer from a Recruitment Agency.