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Insurance and Risk Manager
Hydro Rosemont, IL
$120k-164k (estimate)
Full Time | Consumer Services 6 Months Ago
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Hydro is Hiring an Insurance and Risk Manager Near Rosemont, IL

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

Hydro Insurance Department (HID) is seeking an insurance adviser to join our team, an international team of 13 people in Norway, Brazil, UK and US. This full-time position will report directly to the Insurance and Risk Manager in HID. As the adviser will follow up and support several Business Units in the US (Aluminum Metals, Extrusion North America, Building Systems, Precision Tubing, and the holding company), the position will have a dotted reporting line into the Vice President & Head of Legal - North America and work closely with Hydro’s legal and finance team. (This position can be either a hybrid or remote role, depending on the location of the candidate.)

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:

  • Excellent written and verbal communication and interpersonal skills are required, as are the abilities to proactively manage multiple projects, and to take initiative and apply practical common-sense solutions, all in a fast-paced environment that may require quick response times.
  • 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.

Job 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.

If you need an accommodation in order to complete the application, please let us know by completing the form below or by calling 1 (412) 643-3602.

https://forms.office.com/Pages/ResponsePage.aspx?id=kYkdvChKUkWrwaznrhCCdCfPFjjWnzVLq96NEQXq0uBUOTNIVzhKSVJBQUY3NEs3WU9INlFZUVo5Vy4u.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Consumer Services

SALARY

$120k-164k (estimate)

POST DATE

11/10/2023

EXPIRATION DATE

06/29/2024

WEBSITE

hydroinc.com

HEADQUARTERS

COMPTON, CA

SIZE

500 - 1,000

FOUNDED

1969

CEO

JAMES R BYROM

REVENUE

$5M - $10M

INDUSTRY

Consumer Services

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About Hydro

Our mission is to work hand-in-hand with our valued customers to optimize the performance and reliability of their pumping systems by evaluating and understanding root causes of pump degradation or failure and by providing unbiased engineering analysis, quality workmanship, and responsive field service for improved plant operation. Each of the Hydro companies initially started as a small business with a core group of dedicated individuals, working closely together to successfully build the business. These initial experiences encourage close working relationships because the strength of the tea...m depends on the commitment of each individual. As we have continued to grow, we have made a special effort to retain our "family" culture. We recognize the importance that each individual plays in our day-to-day achievements as well as in our long-term growth. We value loyalty and commitment and these qualities play an important role in our philosophy and culture. More
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