Associate Director - Risk Management & Insurance

Welcome to Raytheon Technologies, a company committed to providing innovative solutions to the world's most complex challenges. We are currently seeking an experienced and driven individual to join our team as the Associate Director of Risk Management and Insurance. In this role, you will play a critical role in managing risk and safeguarding our company's assets, while also ensuring compliance with all insurance requirements. We are looking for a highly-motivated and detail-oriented leader who can effectively navigate a complex and dynamic business environment. If you are ready to take your risk management and insurance expertise to the next level and make a significant impact on a global scale, we encourage you to apply for this exciting opportunity.

1. Develop and implement risk management strategies and protocols to protect company assets and mitigate potential risks.
2. Oversee all insurance policies and ensure compliance with company and industry standards.
3. Conduct regular risk assessments and audits to identify potential areas of vulnerability and develop plans for risk mitigation.
4. Collaborate with cross-functional teams to identify and evaluate potential risks associated with new business initiatives and projects.
5. Manage relationships with insurance brokers and carriers to negotiate favorable terms and coverage for the company.
6. Monitor and analyze insurance claims to identify trends and develop strategies to reduce future losses.
7. Stay up-to-date on industry regulations and best practices to ensure compliance and effectiveness of risk management strategies.
8. Develop and deliver training programs to educate employees on risk management and insurance policies and procedures.
9. Prepare and present reports to senior leadership on the company's risk profile and insurance coverage.
10. Lead and manage a team of risk management and insurance professionals, providing guidance, mentoring, and performance evaluations.
11. Collaborate with legal and finance teams to review and negotiate contracts, leases, and other legal documents to ensure appropriate risk transfer mechanisms are in place.
12. Act as a liaison between the company and insurance providers, responding to inquiries and resolving any issues that may arise.
13. Continuously assess and improve risk management and insurance processes, policies, and procedures to ensure effectiveness and efficiency.
14. Serve as a subject matter expert on risk management and insurance matters, providing guidance and support to other departments and business units as needed.
15. Represent the company in meetings and negotiations with external stakeholders related to risk management and insurance matters.

According to JobzMall, the average salary range for a Associate Director - Risk Management & Insurance in Andover, MA, USA is $110,000 to $150,000 per year. This range can vary depending on factors such as the individual's experience, education, and the specific company they work for. Additionally, location, industry, and other qualifications may also affect the salary for this position.

The Raytheon Company is a major US defense contractor and industrial corporation with core manufacturing concentrations in weapons and military and commercial electronics. United Technologies Corporation was an American multinational conglomerate headquartered in Farmington, Connecticut. It merged with the Raytheon Company in April 2020 to form Raytheon Technologies.