Business Risk & Insurance Group Manager

Global Treasury Financial Services (GTFS) mission is to enable our customers and partners to achieve more by accelerating their digital transformation with innovative financial solutions and to optimize our cash. We are a compliance first organization with customer obsession and deal economics focus. We support $130B in trade receivables and $11B in payment solutions per year globally.

Business Risk & Insuranceteam is looking for an experienced finance/ insurance professional who is passionate aboutanalyzing business risk, is data driven, enjoys working through challenging business scenarios,andcandeliverinsights to drive timely decision making and s upportMicrosoftrisk framework.You will work in a dynamic and fast-paced environment in a truly global role.This role is a solution-oriented position, with a need for sound judgment to select methods and techniques for risk mitigation.

The Business Risk & InsuranceGroup Manager will support seniorbusiness risk team members and will collaborate with external insurance brokers to provide an effectiverisk mitigation evaluation framework.The Risk Manager oversees technical contract reviews and program risk assessments and ensure s appropriate insurance placement for Microsoft. The Risk Manager will work closely with the Director of Business Risk & Insurance in managing insurance programs and staying up-to-date with emerging risks . Th is position is a critical leader within the team charged with assessing, developing,and monitoring Microsoft's insurance program s and partnering with internal stakeholders to ensure their success .

Microsoft's mission is to empower every person and every organization on the planet to achieve more. As employees we come together with a growth mindset, innovate to empower others, and collaborate to realize our shared goals. Each day we build on our values of respect, integrity, and accountability to create a culture of inclusion where everyone can thrive at work and beyond.

Responsibilities:

• Develops comprehensive strategic plan and framework to effectively manage and mitigate corporate risks.
• Participates with outside counsel in mediation and other forms of alternative dispute resolution

• Works with Legal, insurance brokers and insurance companies in the selection of outside counsel for representation

• Develops policies and procedures relating to claims reporting and handling in conjunction with internal stakeholders

• Leads a wide range of claims investigation and management, insurance, loss/exposure, policies and procedures and other matters.

• Partners with internal stakeholders to develop risk transfer programswith a compliance focus

• Develop s risk renewal strategies and insurance program structures that align with organization's risk tolerance, which include captives, self-insurance, risk transfer, and other methods

• Directs insurance placement and policy review, overseeing activities of the insurance broker, ensuring timely delivery of expected deliverables and outcomes

• In collaboration with Director of Business Risk & Insurance and additional internal stakeholders, performs analysis to quantify financial impacts of existing and emerging risk exposures, recommending actions for mitigation through insurance as appropriate

• Utilize s and develop s analytics, including benchmarking and other metrics, to evaluate loss trends, working with insurance brokers to understand the total cost of risk

• Drives relationships with stakeholders for assigned insurance programs and setting innovative strategies and supports related claims management

• Participates inMergers and Acquisitions (M&A) transactions, aiding M&A team with review of integration plans from an insurance perspective

• Manage s and evaluate s policy-term changes in risk and exposure, coordinating with other Risk Manager s , Director of Business Risk & Insurance , and other stakeholders as needed

• Ensure s effective documentation of all related policies, processes and governance ismaintained
• Other
  • Embody our Culture and Values

Qualifications:

Required/Minimum Qualifications

• 8+ years experience in Corporate Risk Management including claim handling.
  • OR Bachelor's Degree AND 6+ years experience in Corporate Risk Management including claim handling.
  • OR equivalent experience.

Additional or Preferred Qualifications

• Bachelor's Degree in Corporate Risk Management including claim handling or related field AND 12+ years experience in Corporate Risk Management including claim handling.
  • OR Master's Degree in Corporate Risk Management including claim handling AND 8+ years experience in Corporate Risk Management including claim handling.
  • OR equivalent experience.
• Prior experience developing comprehensive strategic plan and framework.
• Proficient problem solving, analytical, communication and project management skills , as this position will have responsibility for complex projects where the ability to influence others will be essential.
• Technology savvy and a bility to bring together teams across the company and lead through influence and inclusion.
• Growth mindset and quick learner, agility in responding to new business challenges balanced with compliance focus.
• Data driven, change agent and proven skills to build and lead impact cross-functional teams, leading with empathy, value diverse perspectives and deliver business results.
• Ability to deal with the ambiguity associated with working in a fast paced and changing environment.

Risk Management IC5 - The typical base pay range for this role across the U.S. is USD $115,000 - $200,300 per year. There is a different range applicable to specific work locations, within the San Francisco Bay area and New York City metropolitan area, and the base pay range for this role in those locations is USD $146,200 - $219,200 per year.

Certain roles may be eligible for benefits and other compensation. Find additional benefits and pay information here: https://careers.microsoft.com/us/en/us-corporate-pay

Microsoft will accept applications for the role until February 04, 2025.

Microsoft is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, color, family or medical care leave, gender identity or expression, genetic information, marital status, medical condition, national origin, physical or mental disability, political affiliation, protected veteran status, race, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable laws, regulations and ordinances. We also consider qualified applicants regardless of criminal histories, consistent with legal requirements. If you need assistance and/or a reasonable accommodation due to a disability during the application or the recruiting process, please send a request via the Accommodation request form .

Benefits/perks listed below may vary depending on the nature of your employment with Microsoft and the country where you work.