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Insurance and Risk Manager

3 months ago

Rosemont, United States Hydro Full time

Hydro Extrusions is a world-leading aluminium extrusion business counting around 100 production sites in 40 countries and employing 20,000 people. Through our unique combination of local expertise, global network, and unmatched R&D capabilities, we can offer everything from standards profiles, to advanced development and manufacturing for most industries. Since 1905, Hydro has turned natural resources into valuable products for people and businesses with focus on a safe and good workplace for our 30,000 employees in more than 140 locations.

Hydro is committed to leading the way in shaping a sustainable future and in doing so, creating more viable societies by developing natural resources into products and solutions in innovative and efficient ways to industries that matter.

**Job Summary**:
**Salary Range**:
$108,000- $155,000 Base Annual Salary (USD)

**Hydro employees can enjoy several benefits including**:

- Medical, Rx, Dental, Disability, Life Insurance, Flexible Spending Accounts
- Retirement Savings Plans with Company Match/Contributions
- Education Assistance
- Bonus Plan Eligibility
- Parental Leave

**Required Education/ Experience**:

- Must have five (5) years senior insurance experience (from e.g., an insurance company, law firm, broker, corporate, etc.)

**Preferred Skills/ Qualifications**:

- Strong business judgment, and problem-solving skills are desirable, along with the desire and ability to learn and grow.
- Good understanding of different types of Liability and Financial Lines insurances (i.e., Third Party, Environmental, D&O, etc.).
- Knowledge of other lines of insurance an advantage, such as Property Damage and Business Interruption.
- Ability to foster positive relationships at all levels of the organization and across multiple locations and countries.

**Responsibilities**:

- Support and contribute HID in the implementation of Hydro’s overall insurance strategy, scope of coverage and the renewal process
- Administration of the company’s group insurance program for the North American-based units
- Compilation of underwriting information and coverage placement data
- Ensure correct management and quality of information in the insurance systems, including premium and invoice review for accuracy, allocation and timeliness
- Claims management, including formulating, developing, and coordinating all claims-related activities, partnering with Hydro’s business units to resolve claims, and maintaining claims data for proper record-keeping and loss forecasting purposes
- Identifying and quantifying exposures, recommending solutions, implementing approved insurance programs, and periodic auditing
- Promoting loss prevention and follow up insurance recommendations, in cooperation with HID Risk Engineers
- 5-10% travel to North American plant locations, with international travel to one global HID team meeting per year.

**Care, Courage, & Collaboration**

At Hydro We care about our People

We care about Safety

Hydro is heading in a new and exciting direction, and we depend on different perspectives to solve our tasks and meet customer needs. Building on our three core values - Care, Courage and Collaboration - we target a high performing and sustainable work environment based on inclusion of our differences. Hydro in North America is an Equal Opportunity Employer where all phases of employment are based strictly upon the qualifications of the individual as related to the work requirements of the position. This policy is applied without regard to race, sex, sexual orientation, gender identity, religion, national origin, ancestry, age, disability, veteran status, marital status or any other category protected by law.