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Labcorp Drug Development - USA
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Manager, Risk Management
$117k-155k (estimate)
Full Time 4 Months Ago
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Labcorp Drug Development - USA is Hiring a Manager, Risk Management Near Princeton, NJ

The Manager, Risk Management will play a key role in the Risk Management Function. The manager will lead Risk Management projects from analysis, planning and design to implementation. Use data analytics to analyze and model our premiums paid, claim administration expense, and collateral costs to identify our total cost of risk and to use that analysis to optimize our decision making and potentially drive down the cost and volatility of risk. They will analyze information from multiple sources and develop reports/recommendations for Risk Management and other business leaders.
Responsibilities:
  • Manages and directs global property program which includes liaising with both internal as well as external partners; such as, project managers, contractors and landlords.
  • Manages property claims for Labcorp.
  • Using best practices for data collection; analyze and prepare Risk Management reports for key metrics, including but not limited to worker injuries, workers’ compensation cases and cost, automobile accidents and cost.
  • Under the direction of the Head of Risk Management develop, implement and lead highly complex projects that reduce risk, reduce cost and simplify and streamline Risk Management.
  • Directs a program to ensure the proper and efficient handling of claims, gathering data on claims for both record keeping and loss forecasting purposes, and estimating the financial value of claims.
  • Develop and maintain database of all global policies.
  • Manage Certificate of Insurance process.
  • Provide Risk Management to internal customers and suppliers; serve as contact with the business units for providing certificates of insurance.
  • Prepare and provide presentations for Risk Management.
  • Responsibility for global billing; working with brokers, insurers and local colleagues.
Minimum Requirements:
  • Bachelor's degree in Finance, Accounting, Business, Economics or related field with 5-8 years of Insurance experience.
  • Proven experience with data and analytics.
  • Ability to balance competing priorities and work with multiple levels, business units and regions.
Labcorp is proud to be an Equal Opportunity Employer:
As an EOE/AA employer, the organization will not discriminate in its employment practices due to an applicant's race, age, color, religion, sex, national origin, sexual orientation, gender identity, disability or veteran status.
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Job Summary

JOB TYPE

Full Time

SALARY

$117k-155k (estimate)

POST DATE

12/09/2022

EXPIRATION DATE

12/27/2022

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The job skills required for Manager, Risk Management include Risk Management, Analysis, Presentation, Accounting, Economics, etc. Having related job skills and expertise will give you an advantage when applying to be a Manager, Risk Management. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Manager, Risk Management. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Manager, Risk Management positions, which can be used as a reference in future career path planning. As a Manager, Risk Management, it can be promoted into senior positions as an E-commerce Risk Director that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Manager, Risk Management. You can explore the career advancement for a Manager, Risk Management below and select your interested title to get hiring information.