What are the responsibilities and job description for the Director, Insurance and Risk Management position at Cubic Corporation?
Business Unit:Cubic CorporationCompany Details:When you join Cubic, you become part of a company that creates and delivers technology solutions in transportation to make people's lives easier by simplifying their daily journeys, and defense capabilities to help promote mission success and safety for those who serve their nation. Led by our talented teams around the world, Cubic is committed to solving global issues through innovation and service to our customers and partners.
We have a top-tier portfolio of businesses, including Cubic Transportation Systems (CTS) and Cubic Defense (CD). Explore more on Cubic.com.Job Details:
Cubic is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action-Employer, We are committed to ensuring a workplace free of discrimination based on race, color, religion, age, disability, genetic information, sex, sexual orientation, gender identity, or national origin, military or veteran status, and any other basis protected by applicable law
We have a top-tier portfolio of businesses, including Cubic Transportation Systems (CTS) and Cubic Defense (CD). Explore more on Cubic.com.Job Details:
Job Summary: Cubic offers an opportunity to provide innovative technology for government and commercial customers around the globe, helping to solve their future problems today. We're the leading integrator of payment and information technology and services for intelligent travel solutions worldwide, and the leading provider of realistic combat training systems, secure communications and networking and highly specialized support services for military and security forces of the U.S. and allied nations. If you have an entrepreneurial spirit and thrive in an innovative environment, we want to talk to you about your next role at Cubic! We are seeking employees inspired by technology, and motivated by the rewards of hard work, commitment, teamwork, quality, integrity, and respect. We invite you to explore opportunities with Cubic.
Essential Job Duties and Responsibilities:
- Organizes and structures a global insurance program including the limits of liability, deductibles and corporate retention of risk.
- Establishes and maintains a comprehensive Risk Management Program and Committee.
- Manages programs within Cubic business units based on risk exposure and loss experience for the purpose of allocating premiums, determining self-insurance costs, and providing proper incentives for loss prevention programs.
- Identifies, analyzes and evaluates potential risk situations and recommends cost-effective methods of protecting assets, mitigating interruption of income and limiting legal liability.
- Participates in determining cost allocation of premiums between the company and employees for health and welfare plans.
- Evaluates funding programs for employee benefits insurance plans.
- Recommends appropriate benefits levels, co-insurance and deductibles.
- Edits and approves all insurance and indemnity provisions for lease agreements, operations agreements, sales, purchases, construction contracts and other contracts that involve hazardous risks.
- Develops contractual relationships with insurance companies and third party administrators.
- Supervises Claims and Insurance administration functions.
- Negotiates and accepts settlements of insurance property loss claims.
- Coordinates the Risk Management department responsibilities for Workers' Compensation with the Environmental Health and Safety Department.
Minimum Job Requirements:
- Four-year college degree or equivalent with emphasis in business or finance plus a minimum of eight years' experience in risk management or large account insurance brokerage experience, including self-insured plans.
- Ability to prioritize work, complete multiple tasks and work under deadlines.
- Competent in analyzing and interpreting legal contracts.
- Experience with bid proposals and arranging contract bonds for financial security requirements.
- Knowledge of Worker's Compensation regulations and funding programs.
- Skilled at effectively communicating at all levels.
The description provided above is not intended to be an exhaustive list of all job duties, responsibilities and requirements. Duties, responsibilities and requirements may change over time and according to business need.
Cubic Pay Range:
$140,000.00 - $200,000.00 benefits.The Cubic pay range for this job level is a general guideline only and not a guarantee of compensation or salary. Additional factors considered in extending an offer include (but are not limited to) responsibilities of the job, education, experience, knowledge, skills, and abilities, as well as internal equity, alignment with market data, applicable bargaining agreement (if any), or other law.
#LI-MD1Worker Type:EmployeeCubic is committed to hiring and retaining a diverse workforce. We are proud to be an Equal Opportunity/Affirmative Action-Employer, We are committed to ensuring a workplace free of discrimination based on race, color, religion, age, disability, genetic information, sex, sexual orientation, gender identity, or national origin, military or veteran status, and any other basis protected by applicable law