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Navistar, Inc.
Lisle, IL | Full Time
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3 Months Ago
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Risk Manager
$126k-167k (estimate)
Full Time | Durable Manufacturing 3 Months Ago
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Navistar, Inc. is Hiring a Risk Manager Near Lisle, IL

Position Overview

Navistar is currently seeking a Risk Manager to join our team at our corporate headquarters in Lisle, IL! 

The Risk Manager will assist the Director of Risk Management and Senior Risk Manager in the development and implementation of the global insurance programs.

Responsibilities

Support Director of Risk Management and Senior Risk Manager in the following duties:

  • Coordinate collection of exposure data from internal sources for insurance programs, including General Liability, Workers’ Compensation, Auto Liability, Umbrella/Excess Liability, Foreign Liability, First-Party Property insurance coverage including Business Interruption, Boiler & Machinery, Directors & Officers Liability, Fiduciary Liability, Aviation, Marine and Transit for all domestic and foreign locations
  • Assist with placement of all insurance programs
  • Coordinate coverages with corporate parent’s Risk Management team
  • Prepare the analysis of risk financing strategies, retention levels and risk transfer limits
  • Supervise third party claims administrator in handling all Auto and General Liability claims; provide authority to adjusters; direct funding for claims payments for all claims including payments for Workers’ Compensation claims
  • Work with Legal Department to resolve difficult claims involving coverage interpretation
  • Act as liaison between property insurer and locations to eliminate property recommendations and ensure continued good housekeeping to reduce risk of property; manage property claims that may arise
  • Manage outgoing certificate process; manage unique customer certificate requests
  • Process surety bond requests; maintain bond schedule
  • Process insurance premium invoices for payment
  • Update and maintain schedules of insurance
  • Maintain procedures manual
  • Review policy documentation to ensure accuracy; coordinate with broker and insurance companies, as appropriate, to resolve documentation issues
  • Oversee run-off of historical insurance programs (adjustments, collateral, charge backs)
  • Prepare data and provide analysis for insurance company audits and actuarial studies
  • Coordinate compliance activities at quarter and year end
  • Maintain internal Risk Management web page
  • Internal resource for Risk Management issues involving promotional and business events
Minimum Requirements
  • Bachelor's degree
  • At least 5 years of risk management or insurance experience

OR

  • Master's degree
  • At least 4 years of risk management or insurance experience

OR

  • At least 8 years of risk management or insurance experience
Additional Requirements
  • Qualified candidates, excluding current Navistar employees, must be legally authorized on an unrestricted basis (US Citizen, Legal Permanent Resident, Refugee or Asylee) to be employed in the United States. Navistar does not anticipate providing employment related work sponsorship for this position (e.g., H-1B status)
Desired Skills
  • 5 years of prior business experience, preferably inclusive of:
    • Insurance
    • Claims/Litigation
    • Risk Management
  • BA/BS degree required; insurance designations (Chartered Property/Casualty Underwriter (CPCU) and/or Associate in Risk Management (ARM) desirable
  • Proficient in Microsoft Word, Excel and PowerPoint
  • Exceptional interpersonal and analytical abilities including fully developed written and verbal communication skills
  • Self-motivated, independent, superior project management and problem-solving skills
  • Extensive knowledge of Risk Management Information Systems, implementation and data integrity issues, and use of system for data management and reporting capabilities
  • Knowledge of information system applications that provide the means to measure and evaluate the cost of risks
Company Overview

Navistar is a purpose-driven company, reimagining how to deliver what matters to create more cohesive relationships, build higher-performing teams and find solutions where others don't.

Navistar is the Lisle, Illinois-based parent company of International® brand commercial trucks and engines, IC Bus® brand school and commercial buses, all-makes OnCommand® Connection advanced connectivity services, aftermarket parts brands Fleetrite®, ReNEWed® and Diamond Advantage® and Brazilian manufacturer of engines and gensets MWM Motores Diesel e Geradores.

With a history of innovation dating back to 1831, Navistar has more than 12,000 employees worldwide and is part of TRATON SE, a global champion of the truck and transport services industry.

Accelerating the Impact of Sustainable Mobility

Visit us at www.Navistar.com to discover more about our organization

Navistar is an Equal Opportunity Employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.

#ridewithnavistar

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$126k-167k (estimate)

POST DATE

01/22/2023

EXPIRATION DATE

04/16/2023

WEBSITE

navistar.com

HEADQUARTERS

MELROSE PARK, IL

SIZE

7,500 - 15,000

FOUNDED

1993

CEO

BOB MONROE

REVENUE

$5B - $10B

INDUSTRY

Durable Manufacturing

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