Manager, Risk Management - Greenwich, CT at GXO Enterprise Services LLC in Greenwich, Connecticut

Job 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 knows how to get the best out of their team. As the Manager, Risk Development, 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.


• Verify process and track all insurance premiums, fee and other invoices. Respond to any notice of cancellations as appropriate

• Actively manage claims as required and provide management and oversight of claims payment authorization and reconciliation of invoices


• Prepare annual insurance budget, which includes forecasting premiums, actuarial analysis support, allocations and explaining to the Business Units and Corp Finance the insurance and associated costs in a clear and efficient manner


• Work with various internal departments and the business to complete the company's insurance applications, including excess liability and all executive coverage applications


• Assist Director in management of Global Property Loss Control program

At a minimum, you'll need:

• Bachelor's degree in business, finance, or related field or equivalent related work or military experience


• 5 years risk management or insurance industry experience; or other relevant finance experience


• Proficiency with Risk Management Information Systems. Maintain loss data from various sources, develop monthly as well as ad-hoc reports


• Solid Fluency user of Windows applications and Microsoft Office programs such as MS Project, Word, Excel and PowerPoint.


• Accurately inputs information into and retrieves from the computer.


• Quickly learns and achieves proficiency in new software applications as needed.

• Demonstrates attention to detail


• Identifies opportunities to increase accuracy and optimize resources and develops/recommends/implements solutions.


• Solid aptitude for understanding and analyzing large amounts of data from multiple sources.


• Produces unambiguous, comprehensive and accurate interpretations.

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/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran or other protected status.

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.