Fortive is seeking a highly experienced and motivated Director of Corporate Insurance to join our dynamic team. As the Director, you will be responsible for overseeing all aspects of our corporate insurance program, including risk management, contract negotiations, and claims management. We are looking for a strategic thinker with a strong background in insurance and risk management, who can provide innovative solutions to protect our company's assets. The ideal candidate will have a proven track record of success in a similar role and possess excellent communication and leadership skills. This is an exciting opportunity to make a significant impact at a global company with a strong commitment to excellence.
- Develop and implement a comprehensive corporate insurance program to protect the company's assets.
- Conduct regular risk assessments and identify potential areas of risk for the company.
- Negotiate insurance contracts with vendors to ensure favorable terms and coverage.
- Oversee the management of insurance claims, including timely and accurate reporting and resolution.
- Stay up-to-date on industry trends and best practices in insurance and risk management.
- Collaborate with cross-functional teams to ensure alignment of insurance strategies with overall business objectives.
- Provide strategic guidance and recommendations to senior leadership on insurance-related matters.
- Develop and maintain relationships with insurance brokers, carriers, and other stakeholders.
- Monitor and analyze insurance market conditions to identify potential cost-saving opportunities.
- Ensure compliance with all legal and regulatory requirements related to corporate insurance.
- Train and mentor team members to ensure a high level of proficiency and knowledge in insurance and risk management.
- Communicate effectively with internal and external stakeholders, including presenting insurance-related updates to senior leadership.
- Develop and manage the corporate insurance budget, including forecasting and cost-saving initiatives.
- Continuously review and improve insurance policies and procedures to ensure efficiency and effectiveness.
- Serve as a subject matter expert on insurance-related matters and provide guidance and support to other departments as needed.
Extensive Experience In Corporate Insurance: A Director At Fortive Should Have A Minimum Of 10 Years Of Experience In The Field Of Corporate Insurance, With A Proven Track Record Of Successfully Managing Insurance Programs For Large Organizations.
Strong Leadership Skills: The Director Role At Fortive Requires Strong Leadership Skills, Including The Ability To Effectively Manage A Team And Make Strategic Decisions That Align With The Company's Goals.
In-Depth Knowledge Of Insurance Industry: The Director Should Possess A Deep Understanding Of The Insurance Industry, Including Emerging Trends, Regulatory Requirements, And Best Practices. This Knowledge Is Essential For Developing And Implementing Effective Insurance Strategies For The Company.
Financial Acumen: As A Key Member Of The Leadership Team, The Director Must Have Strong Financial Acumen And Be Able To Analyze And Manage Insurance Budgets And Costs Effectively. They Should Also Have Experience Negotiating Insurance Contracts And Managing Relationships With Insurance Providers.
Excellent Communication And Interpersonal Skills: The Director At Fortive Will Be Required To Collaborate With Various Stakeholders, Including Senior Management, Legal, And Finance Teams. Therefore, Excellent Communication And Interpersonal Skills Are Crucial To Effectively Convey Complex Insurance-Related Information And Build Strong Relationships With Key Stakeholders.
Risk Management
Strategic Planning
Communication
Negotiation
Budget management
Compliance
Team Leadership
Problem-Solving
Policy Development
Contract review
Claims handling
Insurance Analytics
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 $160,000 to $250,000 per year. This can vary depending on the specific industry and company, as well as the individual's experience and qualifications. Some directors of corporate insurance may also receive bonuses and other benefits in addition to their base salary.
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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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