Manager, Risk Management at GXO Logistics

Greenwich, Connecticut, United States -

Full Time

Start Date

Immediate

Expiry Date

15 Feb, 26

Salary

0.0

Posted On

17 Nov, 25

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Risk Management, Insurance, Project Management, Data Analysis, Claims Management, Budget Preparation, Negotiation, Communication, Microsoft Office, Risk Management Information Systems, Team Collaboration, Process Improvement, Financial Analysis, Underwriting, Compliance

Industry

Warehousing and Storage

Description

Logistics at full potential. At GXO, we’re constantly looking for talented individuals at all levels who can deliver the caliber of service our company requires. You know that a positive work environment creates happy employees, which boosts productivity and dedication. On our team, you’ll have the support to excel at work and the resources to build a career you can be proud of. GXO Logistics is looking for a highly skilled professional who drives changes and delivers results. As the Manager, Risk Management, you’ll oversee the development and implementation of operational risk improvement initiatives, insurance renewal strategies, and global risk management programs. You’ll be responsible for actively managing claims and oversight of claim payment authorization as well as responsibility for preparation of the annual insurance budget. This role is critical in positioning GXO for long-term success. Pay, benefits and more. We are eager to attract the best, so we offer competitive compensation and a generous benefits package, including full health insurance (medical, dental and vision), 401(k), life insurance, disability and the opportunity to participate in a company incentive plan. What you’ll do on a typical day: Collect, develop and research underwriting and exposure information gathering process. This will require interface with various internal departments (Finance, Safety, Legal, Human Resources and Business Units) as well as our insurance brokers, carriers, TPA’s and actuaries. Assist Senior Director in identifying, assessing and controlling the company's risks, analyzing products offered by the marketplace, and developing/implementing insurance renewal strategy. Participate in renewal negotiations with brokers and underwriters and verify and administer insurance policies. Actively manage claims as required and provide management and oversight of claims payment authorization and reconciliation of invoices. Manage insurance payment and documentation processes including compliances filings. Prepare annual insurance budget, which includes forecasting premiums, actuarial analysis support, allocations and communicating with businesses the insurance and associated costs in a clear and efficient manner. Work independently and as part of the team to help meet GXO Risk Management objectives, identify process efficiencies and provide internal guidance on maximizing Risk Management portal. What you need to succeed at GXO: At a minimum, you’ll need: Bachelor’s degree in business, finance, or related field or equivalent related work or military experience. 5-8 years risk management or insurance industry experience; or other relevant finance experience. Proficiency with Windows applications and Microsoft Office programs such as MS Project, Word, Excel and PowerPoint. Proficiency with Risk Management Information Systems. Maintain loss data from various sources, develop monthly as well as ad-hoc reports. Strong project management skills, driving results among multi-functional teams. It’d be great if you also: Identify opportunities to increase accuracy and optimize resources and make recommendations. Have solid aptitude for understanding and analyzing large amounts of data from multiple sources. Produce unambiguous, comprehensive and accurate interpretations of insurance function data. We engineer faster, smarter, leaner supply chains. GXO is a leading provider of cutting-edge supply chain solutions to the most successful companies in the world. We help our customers manage their goods most efficiently using our technology and services. Our greatest strength is our global team – energetic, innovative people of all experience levels and talents who make GXO a great place to work. We are proud to be an Equal Opportunity employer including Disabled/Veterans. GXO adheres to CDC, OSHA and state and local requirements regarding COVID safety. All employees and visitors are expected to comply with GXO policies which are in place to safeguard our employees and customers. All applicants who receive a conditional offer of employment may be required to take and pass a pre-employment drug test. The above statements are intended to describe the general nature and level of work being performed by people assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. All employees may be required to perform duties outside of their normal responsibilities from time to time, as needed. Review GXO's candidate privacy statement here.

Responsibilities

Oversee the development and implementation of operational risk improvement initiatives and manage claims and insurance processes. Prepare the annual insurance budget and participate in renewal negotiations with brokers and underwriters.