• Senior Manager - Risk Management Insurance

    United AirlinesChicago, IL 60684

    Job #2689839761

  • Description

    There's never been a more exciting time to join United Airlines. We're on a path towards becoming the best airline in the history of aviation. Our shared purpose - Connecting People, Uniting the World - is about more than getting people from one place to another. It also means that as a global company that operates in hundreds of locations around the world with millions of customers and tens of thousands of employees, we have a unique responsibility to uplift and provide opportunities in the places where we work, live and fly, and we can only do that with a truly diverse and inclusive workforce. And we're growing - in the years ahead, we'll hire tens of thousands of people across every area of the airline. Our careers include a competitive benefits package aimed at keeping you happy, healthy and well-traveled. From employee-run "Business Resource Group" communities to world-class benefits like parental leave, 401k and privileges like space available travel, United is truly a one-of-a-kind place to work. Are you ready to travel the world?

    We believe that inclusion helps us thrive and grow at United across our collaborative Finance teams consisting of Financial Planning & Analysis, Internal Audit, Treasury, Global Procurement, Controllership, Investor Relations and more. These teams provide the financial fuel that keeps our operation running from providing detailed analyses of financial planning, performance, and forecasts to managing our investments and financial strategies. Our Finance team plays an integral role in making our airline profitable and successful by meeting our financial goals.

    Key Responsibilities:

    • Lead insurance programs for Financial Executive Risk, Cyber & Terrorism including Business

    • Interruption, Construction Builders Risk and Owner Controlled Programs, and other assigned programs

    • Risk identification, measurement / monitoring of risks. Partner with business on risk response.

    • Develop insurance renewal strategies & targets based on analytics, risk profile, and insurance market

    • Negotiate coverage, claims and costs to improve overall capital efficiency of the insurance program

    • Determine / implement self-insurance strategy approach based on risk profile and insurance market

    • Lead program administration and drive efficiency into renewal processes

    • Lead vendors including Broker, Insurers, Actuary, Captive manager, & Claims. Develop trust and build relationships with partners.

    • Construction risk management advisory services including negotiating indemnity and insurance terms as well as insurance cost pass throughs to United with Construction Contractors

    • Review and advise the business on contractual risk transfer sections of lease and other contracts. Negotiate vendor risk transfer and insurance section of the contract.

    • Lead and develop team members

    Lead wholly owned captive insurance company for assigned programs including:

    • Developing and implementing strategies to optimize captive economics

    • Underwriting and claims of insurance financed by the captive

    • Oversight of company financials including reserving and investment approach

    • Compliance with regulatory requirements

    United values diverse experiences, perspectives, and we encourage everyone who meets the minimum qualifications to apply. While having the "desired" qualifications make for a stronger candidate, we encourage applicants who may not feel they check ALL of those boxes! We are always looking for individuals who will bring something new to the table.

    Qualifications

    What's needed to succeed (Minimum Qualifications):

    • Bachelor's degree in Finance, Accounting, Math, Statistics, Engineering, or other similar business or legal related major

    • 6 years of experience

    • Leadership skills including Strategic / Analytical / Problem solving skills

    • Finance and Accounting Knowledge

    • Savvy Communication and Negotiation skills

    • Project management and process improvement

    • Commercial Insurance and Risk Management knowledge

    • Ability to build and develop teams and work cross functionally

    What will help you propel from the pack (Preferred Qualifications):

    • Master's degree in Risk / Insurance or MBA

    • 10 years of experience including 2 years of experience in a role leading people

    • ARM - Associate Risk Management

    • CPCU - Chartered property and casualty underwriter

    • Knowledge and experience with Construction risk management / financing including builders' risk and owner controlled programs

    • Legal understanding of risk transfer contract wording and claims concepts

    • Knowledge of Loss control / Engineering concepts

    United Airlines is an equal opportunity employer. United Airlines recruits, employs, trains, compensates and promotes regardless of race, religion, color, national origin, gender identity, sexual orientation, physical ability, age, veteran status and other protected status as required by applicable law. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions. Please contact ~~~ to request accommodation.

    Equal Opportunity Employer - Minorities/Women/Veterans/Disabled/LGBT