Welcome to Fortive! We are currently seeking a highly experienced and motivated Director of Corporate Insurance to join our team. As a global industrial technology company, we pride ourselves on our commitment to innovation, growth, and excellence in all aspects of our business. The Director of Corporate Insurance will play a critical role in managing our company's insurance portfolio and developing strategies to mitigate risk and protect our assets. This is an exciting opportunity for a dynamic leader with a strong background in insurance and risk management. If you are a driven and strategic thinker with a passion for protecting businesses, we encourage you to apply.
- Develop and implement a comprehensive insurance strategy for the company, taking into account our global operations and diverse risk exposures.
- Oversee the management of the company's insurance portfolio, including property, casualty, and liability insurance policies.
- Conduct regular risk assessments and work closely with internal stakeholders to identify potential areas of risk and develop mitigation strategies.
- Negotiate insurance policies and coverage terms with external providers, ensuring the best possible coverage at competitive rates.
- Monitor and manage insurance claims, working closely with claims adjusters and legal teams to ensure timely and accurate resolution.
- Stay up-to-date on industry trends and regulations, proactively identifying any changes that may impact the company's insurance needs.
- Collaborate with cross-functional teams to ensure insurance requirements are met for new projects and initiatives.
- Develop and maintain relationships with key insurance providers and brokers, staying informed of new products and services that may benefit the company.
- Prepare and present reports to senior management on insurance portfolio performance, risk exposure, and potential cost-saving opportunities.
- Lead and mentor a team of insurance professionals, providing guidance and support in their day-to-day responsibilities and career development.
Extensive Experience In Risk Management And Corporate Insurance: The Ideal Candidate For This Director Position Should Have A Deep Understanding Of Risk Management Principles And Practices, As Well As A Strong Background In Corporate Insurance. This Experience Should Include Managing Large Insurance Programs For Multinational Companies.
Strong Leadership Skills: As A Director, This Individual Will Be Responsible For Managing A Team Of Insurance Professionals And Working Closely With Other Departments Within The Organization. Therefore, Strong Leadership Skills Are Essential, Including The Ability To Motivate And Inspire Team Members, Make Difficult Decisions, And Effectively Communicate With Stakeholders At All Levels.
In-Depth Knowledge Of Insurance Regulations And Compliance: Fortive Operates In Multiple Countries And Industries, Making It Crucial For The Director Of Corporate Insurance To Have A Comprehensive Understanding Of Insurance Regulations And Compliance Requirements In Different Regions. This Will Ensure That The Company's Insurance Programs Are In Full Compliance With Local Laws And Regulations.
Strategic Thinking And Problem-Solving Abilities: The Director Of Corporate Insurance Will Be Expected To Develop And Implement Strategies To Mitigate Risks And Reduce Insurance Costs For Fortive. This Requires Strong Analytical Skills, Strategic Thinking, And The Ability To Identify Potential Risks And Develop Effective Solutions To Address Them.
Excellent Communication And Negotiation Skills: The Director Will Be Responsible For Negotiating Insurance Contracts And Building Relationships With Insurance Brokers And Carriers. Therefore, Excellent Communication And Negotiation Skills Are Essential To Effectively Advocate For Fortive's Insurance Needs And Secure The Best Coverage And Rates For The Company.
Risk Management
Strategic Planning
Data Analysis
Contract Negotiation
Budget management
Financial forecasting
Team Leadership
Compliance Management
Policy Development
Contract review
Claims handling
Insurance Analysis
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Critical thinking
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a Director, Corporate Insurance is between $130,000 and $200,000 per year. However, this can vary depending on the company, location, and level of experience. Some directors may earn more than $200,000 per year, while others may earn less than $130,000. Other factors that can affect salary include bonuses, benefits, and additional compensation such as stock options.
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Fortive Corp. is a diversified industrial growth company. It designs, develops, manufactures, and markets professional and engineered products, software and services for a variety of end markets. The company operates its business in two reportable segments: Professional Instrumentation and Industrial Technologies.
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