Risk Management Leader

4 days ago


Bethesda, Maryland, United States Lockheed Martin Corporation Full time
Job Description

Casualty insurance professionals looking for a change - Lockheed Martin has an opportunity to lead its casualty programs and is seeking candidates that enjoy challenging projects and a fast-paced cultural environment.

Key Responsibilities
  • Manage Casualty Insurance Programs: Develop, implement, and administer company casualty and property-loss insurance programs, including Automobile Liability, Commercial General Liability, Errors and Omissions Liability, Cyber Liability, and Workers' Compensation.
  • Insurance Renewals: Prepare applications, underwriting submissions, and renewal presentations; prepare renewal planning reports for Lockheed Martin management; oversee negotiations with carriers; prepare final renewal proposals for management approval; and obtain and review appropriate documentation for binding of coverage.
  • Claims Management: Manage the reporting and adjustment of claims, ensuring compliance with all policy reporting requirements and applicable legal requirements.
  • Risk Management Support: Provide risk management support to the Missiles & Fire Control business area, including identifying risks through review of contracts, developing appropriate risk management strategies, and documenting risk review through written analyses.
  • Project Management: Direct the analyses and definition of potential loss areas and determination of appropriate type and level of loss protection to be insured.
  • Insurance Contract Management: Oversee preparation of specifications for broker or underwriter bids, evaluate bids, and recommend or conclude insurance contracts.
  • Risk Control Programs: Develop and coordinate risk control programs to prevent losses and reduce premiums.
Requirements
  • Minimum 10 years of experience: In corporate risk management, insurance brokerage, or insurance company operations.
  • Familiarity with Property/Casualty insurance concepts: Effective communications skills (verbal and written), demonstrated knowledge of the insurance industry, and demonstrated business acumen.
  • Desired skills: 15 years of experience in corporate risk management, insurance brokerage, or insurance company operations; Bachelors and/or Masters degree, ARM and/or CPCU certifications; demonstrated technical expertise in Casualty insurance and Workers' Compensation, including claims management and cost containment; familiarity with U.S. Government contracting practices and acquisition regulations; effective Project Management skills; and effective use of Microsoft Office applications primarily Excel, PowerPoint, and Outlook.
About Lockheed Martin

Lockheed Martin is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, gender identity, national origin, age, protected veteran status, or disability status.



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