Corporate Insurance Senior Manager

Reporting to Ralliant's Chief Financial Officer, The Director - Corporate Insurance will be responsible for developing and managing a comprehensive insurance strategy that aligns with Ralliant's overall business objectives. This position involves overseeing all aspects of corporate insurance, including risk management, insurance procurement, claims management, and compliance across multiple jurisdictions, in addition to overseeing Ralliant's captive insurance operations.

Please note this is a hybrid role.

Your Key Responsibilities:

• Collaborate with senior management and other department leaders to identify insurance needs and ensure alignment with business objectives
• Design and implement the most effective global insurance strategy that aligns with the company's risk management framework
• In partnership with internal stakeholders, identify existing and emerging insurable risks and recommend necessary insurance coverage.
• Oversee Ralliant's captive insurance operations and effectively utilize the captive as a risk management tool.
• Oversee the design, placement, and maintenance of corporate insurance programs, including but not limited to property, casualty, cyber, financial and specialty lines.
• Continuously review and assess insurance policies to ensure adequacy and relevance to the business needs
• Conduct regular risk assessments to identify potential exposures and develop strategies to mitigate risks
• Collaborate with various departments to review risk management practices and ensure effective implementation of policies
• Oversee the underwriting process to ensure timely and effective insurance renewals.
• Oversee the claims management process to ensure timely reporting and resolution of claims, as well as review carrier coverage determinations to ensure claim denials are reasonable and appropriate.
• Partner with brokers and carriers to optimize insurance solutions and address emerging risks.
• Serve as a point of contact for internal stakeholder and external partners, including brokers, insurance carriers, claim administrators, actuaries, captive managers, and captive insurance regulators.
• Ensure compliance with all local and international insurance regulations
• Prepare and present regular reports to senior management insurance program and its performance.
• Utilize risk management software, technological tools and other internal resources to create an efficient and effective data collection & storage process
• Foster a culture of continuous improvement and professional development within the team

Your Qualification Profile:

• Bachelor's Degree in finance, accounting, economics, risk management, or business administration is required. Master's degree or professional certifications (e.g., Associate in Risk Management (ARM), Certified Risk Manager [CRM] or similar) preferred
• 15+ years of experience in risk management, captive insurance, compliance or related fields, preferably within a corporate insurance department at a large multinational company with a wholly-owned captive.
• Demonstrated ability to build relationships, manage internal and external teams, and positively influence outcomes and drive organizational change.
• Excellent negotiation, analytical, and financial management skills.
• Exceptional communication and interpersonal skills to interact effectively with internal and external stakeholders.
• Experience working with senior leadership on risk-related matters
• In-depth knowledge of risk assessment methodologies, financial risk management, and regulatory requirements
• Strong analytical, problem-solving, and critical thinking skills
• Knowledge of risk management software, tools, and methodologies
• Strong understanding of financial, operational, and regulatory risk domains
• Ability to work independently and manage multiple projects simultaneously
• High attention to detail and a proactive approach to identifying risks
• Ability to remain calm and effective under pressure
• Ethical, with a high level of integrity and professionalism

Ralliant Overview

Every day, engineers transform scientific potential into real-world impact, reshaping how we live and work. At this pivotal moment in technology, Fortive is creating a focused, standalone company poised to capitalize on powerful long-term trends with mission critical technologies advancing an electrified and digital future. Our team of scientists, engineers, and technologists is joining forces to pioneer solutions that will shape the future of industry.

Introducing Ralliant Corporation, a global technology company uniting trusted brands solving tough challenges to speed breakthroughs at leading companies, research institutions, and governments, across the semiconductor/communications/diversified electronics, industrial manufacturing, utilities, and aero, defense, and space industries.

Ralliant is fueled by a global team of changemakers, committed to continuous improvement and a strong culture rooted in disciplined execution. For more information please visit: https://careers.fortive.com/newco-opportunities/

Fortive Corporation Overview

Fortive's essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.

We are a global industrial technology innovator with a startup spirit. Our forward-looking companies lead the way in software-powered workflow solutions, data-driven intelligence, AI-powered automation, and other disruptive technologies. We're a force for progress, working alongside our customers and partners to solve challenges on a global scale, from workplace safety in the most demanding conditions to groundbreaking sustainability solutions.

We are a diverse team 17,000 strong, united by a dynamic, inclusive culture and energized by limitless learning and growth. We use the proven Fortive Business System (FBS) to accelerate our positive impact.

At Fortive, we believe in you. We believe in your potential-your ability to learn, grow, and make a difference.

At Fortive, we believe in us. We believe in the power of people working together to solve problems no one could solve alone.

At Fortive, we believe in growth. We're honest about what's working and what isn't, and we never stop improving and innovating.

Fortive: For you, for us, for growth.

About NewCo

Bonus or Equity
This position is also eligible for bonus and equity as part of the total compensation package.

Pay Range
The salary range for this position (in local currency) is 111,500.00 - 207,100.00